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Monday, December 2, 2024

Dutch investor Prosus to raise bets on India



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Rupee falls to record low on Trump's threat of 100% tariffs on BRICS

The rupee hit a record low of 84.73 against the dollar, driven by strong dollar demand and Trump's tariff threats to BRICS nations. Weaker-than-expected Q2 growth and global factors compounded the decline. RBI intervention limited further losses, but analysts predict continued pressure with potential geopolitical tensions impacting the rupee's value.

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1st time in 5 yrs: ATM nos. fall across India



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Sunday, December 1, 2024

GST mop-up in November up 8.5% to ₹1.8 lakh crore



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Wipro Enterprises' revenue rises 10% to Rs 16,902 crore in FY24; profit jumps 35%



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FPIs' selling spree continues in November at Rs 21,612 crore



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Stock markets brace for RBI's monetary policy decisions after GDP growth slowdown

Domestic stock indices in India are preparing for RBI's monetary policy decisions after Q2 FY25 GDP growth slowed to 5.4%, the lowest in two years. The upcoming week brings crucial data releases, with market focus on the RBI MPC's interpretation of GDP data and their stance on rate trajectory.

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Apple reclaims world's most valuable company title as Nvidia slips amid AI investment concerns

Apple has reclaimed the position of the world's most valuable company, surpassing Nvidia amid rising concerns. Both companies have seen ...