Indian stock market ends lower, FMCG stocks drag
The Indian stock market closed in the red on Wednesday for the second consecutive day amid prevailing premium valuations and mixed global cues.
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Chief economists see global growth coming under strain; India story intact: WEF
Global economists predict strong economic growth in South Asia. India is likely to lead this expansion in 2025 and 2026. However, trade policy and AI could strain global growth. US economic policy may delay business decisions and raise recession risks.…
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India’s early monsoon relief comes with a price tag — and it’s rising
India’s early monsoon, the earliest since 2009, brings both relief and economic concerns. While the rains offer respite from summer heat, they threaten to disrupt supply chains and inflate prices, particularly for essential vegetables like onions and tomatoes.
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PayPal receives RBI nod to operate as cross-border payment aggregator
PayPal India secures in-principle approval from the RBI to operate as a Payment Aggregator-Cross Border-Exports, marking a significant step in supporting Indian small businesses. This allows PayPal to facilitate secure cross-border payments to approximately 200 markets, aligning with India’s growing…
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Hero FinCorp gets Sebi’s nod to float ₹3,668 cr IPO
Hero FinCorp, the financial services arm of Hero MotoCorp, has received SEBI’s approval for its Rs 3,668 crore IPO. The IPO comprises a fresh issue of shares worth Rs 2,100 crore and an offer for sale of Rs 1,568 crore…
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India, US may agree on interim trade deal by June 25: Sources
US and Indian officials are engaged in trade talks, aiming for an interim agreement by June 25, potentially suspending the 26% reciprocal tariff imposed by the US. Both nations are working towards a broader bilateral trade agreement by the fall,…
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