The Ministry of Mines has released the State Mining Readiness Index. This initiative promotes reforms in the mining sector. States are ranked based on their mineral endowment. Madhya Pradesh, Rajasthan, and Gujarat lead Category A. Goa, Uttar Pradesh, and Assam…
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Despite record high prices, cultural demand is expected to sustain gold ownership in India, with consumers adapting through lighter designs and digital options. Silver’s industrial applications, particularly in solar panels and electronics, are projected to drive its price above $50…
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India plans to reduce its liquefied petroleum gas imports from the Middle East, shifting towards increased purchases from the U.S. This move aligns with New Delhi’s broader trade objectives with Washington, aiming to secure a more comprehensive trade deal. State…
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Nestle’s new CEO, Philipp Navratil, announced 16,000 job cuts as part of a significant cost-saving initiative, raising the target to 3 billion Swiss francs by 2027. The company also reported better-than-expected third-quarter sales growth, primarily driven by price increases in…
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The Reserve Bank of India is estimated to have sold $3 billion to $5 billion to support the rupee on Wednesday, its largest intervention in months. This action helped the rupee achieve its biggest single-day advance in four months, with…
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India’s IT sector is rapidly embracing AI chatbots. Companies like LimeChat and Haptik are replacing human customer service agents with AI. This shift aims to cut costs and scale operations. While some workers face job insecurity, the nation is betting…
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