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The Indian Express had reported Friday that downstream users of refined copper had warned the government of a looming supply crunch that could last for over three months

This is the finance minister's first statement on growth after the lower-than-expected GDP growth witnessed in Q2 and indicators showing a marked slowing of urban consumption.

External commercial borrowings and non-resident deposits, on the other hand, witnessed higher net inflows compared to last year.

On the demand side, rural demand is trending upwards while urban demand shows some moderation on a high base, he said while unveiling the RBI’s monetary policy here.

FY25 GDP projection slashed to 6.6% and inflation forecast raised to 4.8%

The company’s platforms, including Facebook and Instagram, compete directly with TikTok for users and advertising revenue.

The judges found that the law does not “contravene the First Amendment to the Constitution of the United States,” nor does it “violate the Fifth Amendment guarantee of equal protection of the laws.”

The rupee closed at 84.6875 against the US dollar, up from its close at 84.7325 in the previous session. The currency logged fifth consecutive weekly fall, declining 0.2%.

The proposed IPO is entirely an offer for sale (OFS) of 10.18 crore equity shares by promoter LG Electronics Inc with no fresh issue component, according to the draft red herring prospectus (DRHP).

Under the risks section, it said that Adani bonds could do well than anticipated if there is a quick resolution of the US SEC and Department of Justice indictments of founder chairman Gautam Adani and

While the NSE Nifty 50 was up 0.09 per cent at 24,729.45 points, the BSE Sensex gained 0.15 per cent to open at 81,887.54 points.

RBI Monetary Policy Meeting LIVE Updates: RBI Governor Shaktikanta Das said the repo rate has been kept unchanged to continue with the neutral stance of the policy and to monitor outlook on inflation and growth.

Due to insufficient domestic production, India depends on imports for 30-40 per cent of its refined copper needs, a critical raw material used to manufacture electrical wires and cables. In 2023-24, it imported refined copper

The CEA also underlined that the growth forecast of 6.5-7 per cent for FY25 still looks “feasible”, stressing that a correction in wage structure for employees by the corporates is required to push consumption and

Nykaa, in a statement issued separately, said Nihir Parikh will continue to contribute to Nykaa Fashion as a member of its board of directors.

The Global Trade Research Initiative (GTRI) noted that India’s steel industry largely focuses on low-margin products while relying on imports for specialised applications.

Indian bond yields fall to three-year lows since GDP data.

On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 74 or 0.1 per cent at Rs 77,018 per 10 grams in a business turnover of 12,297 lots.

Bitcoin has more than doubled in value this year and is up about 45% in the four weeks since Donald Trump’s victory

DGCA, in September, issued a draft for public consultation on the revised Civil Aviation Requirements (CAR) on wet/damp lease operations by Indian operators to strengthen the regulatory framework for safety oversight of wet/damp lease operations.

EEPC Chairman Pankaj Chadha said while the balance sheets of large steel manufacturers remain robust, those of around 8 lakh MSMEs are in a precarious state.

Gold quantity seized fell by 9% in FY24 to 1,319 kg, Dubai a major transit hub for cigarette smuggling into India

AirHelp releases an annual ranking of international airlines and airports. The rankings for airlines are based on three criteria — on-time performance, customer opinion, and processing of compensation claims.

This comes just a day after the two large economies, the US and China, entered into a fresh trade conflict, imposing tit-for-tat trade restrictions on each other.

The RBI will deliver its policy decision on Friday, with traders expecting some form of monetary policy easing this week after weak GDP data for the July-September quarter.