India could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a research report. Services will become the principal engine of economic expansion, growing significantly. Proposed reforms span multiple sectors, including…
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PM Narendra Modi Independence Day 2026 Speech: Prime Minister Narendra Modi addressed the nation from the Red Fort on Independence Day. He articulated a significant national aspiration to achieve a developed India by 2047. Modi highlighted India’s economic progress over…
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Oracle layoffs 2026: Oracle employees could face another layoff wave on September 1, with reports suggesting 6am job-cut emails may arrive as managers prepare lists of affected workers. Managers have been asked to draw up lists of employees whose roles…
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The Supreme Court fined Reliance Industries ten lakh rupees for delaying a suit. NTPC filed the natural gas supply contract case against Reliance back in 2005. The court noted Reliance’s continuous obstruction of the legal proceedings for two decades. This…
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India’s current account deficit widened to USD 6.2 billion in June, a significant increase from last year. This widening was primarily caused by a larger merchandise trade deficit, which rose considerably. Services surplus saw an increase, and net transfers also…
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The Reserve Bank of India (RBI) has decided to prematurely close the deposit mobilisation window under its special forex swap facility for FCNR(B) deposits, bringing forward the deadline for banks to mobilise such deposits to August 31, 2026.
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