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The cumulative exports during April-Feb 24-25 is estimated at USD 750.53 Billion, growth of 6.24%

The cumulative exports during April-Feb 24-25 is estimated at USD 750.53 Billion, growth of 6.24%

#Indiaexports As compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24% New Delhi: India’s total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positivegrowth of 3.16 percent vis-à-vis February2024.Total imports (Merchandise and Services combined) for February2025 is estimated at USD 67.52 Billion, registering a negative growth of (-)11.34 percent vis-à-vis February2024. The data for February2025 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-February2023-24 and April-September2024 has been revised on pro-rata basis using quarterly balance of payments data. India’s total exports during April-February2024-25*…
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CPI inflation moderated to a 7-month low of 3.6% in February 2025, sharp decline in vegetable prices.

CPI inflation moderated to a 7-month low of 3.6% in February 2025, sharp decline in vegetable prices.

Inflation and Economic Trends in India Core inflation crossed 4% for the first time in 14 months, reaching 4.08%. Industrial growth strengthened, with IIP expanding by 5.0% in January 2025, led by manufacturing and mining. Rural inflation remains higher than urban inflation, influenced by food price trends. Imported inflation surged, rising from 1.3% in June 2024 to 31.1% in February 2025, driven by rising prices of precious metals, oils, and fats. RBI expected to implement at least 75 basis points of rate cuts in 2025, with successive reductions anticipated in April and August. Corporate performance remains strong, with revenue, EBITDA,…
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IndusInd bank is well-capitalised and the financial position of the bank satisfactory: RBI

IndusInd bank is well-capitalised and the financial position of the bank satisfactory: RBI

#IndusIndBank #RBIIndusIndBank The bank’s financial health remains stable and is being monitored closely by Reserve Bank Mumbai: There has been some speculation relating to IndusInd Bank Ltd. in certain quarters, perhaps arising from recent events related to the bank. The Reserve Bank would like to state that the bank is well-capitalised and the financial position of the bank remains satisfactory. As per auditor-reviewed financial results of the bank for the quarter ended December 31, 2024, the bank has maintained a comfortable Capital Adequacy Ratio of 16.46 per cent and Provision Coverage Ratio of 70.20 per cent. The Liquidity Coverage Ratio…
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6G Spectrum Technology expected to be available by 2030 in India

6G Spectrum Technology expected to be available by 2030 in India

Department of Telecom has facilitated setting up of 'Bharat 6G Alliance #6Ginindia #Bharat6GAlliance New Delhi: Currently, the 6G technology is under development phase at international level and is expected to be available by 2030. Hon'ble Prime Minister has released India's 6G vision "Bharat 6G Vision" document on March 23, 2023 which envisaged India to be a frontline contributor in design, development and deployment of 6G technology by 2030. Bharat 6G Vision is based on principles of affordability, sustainability and ubiquity. Also, Department of Telecom has facilitated setting up of 'Bharat 6G Alliance' which is an alliance of domestic industry, academia,…
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Tejas LCA AF MK1 test-fires Beyond Visual Range Air-to-Air Missile

Tejas LCA AF MK1 test-fires Beyond Visual Range Air-to-Air Missile

The test launch was carried out on March 12, 2025 off the coast of Chandipur, Odisha New Delhi: Aeronautical Development Agency (ADA) has successfully conducted test-launch of homegrown ASTRA, Beyond Visual Range Air-to-Air Missile (BVRAAM) from LCA AF MK1 prototype fighter aircraft. The test launch was carried out on March 12, 2025 off the coast of Chandipur, Odisha. The test-firing successfully demonstrated the direct hit of the missile on flying target. All the subsystems performed accurately meeting all mission parameters and objectives. ASTRA missile is designed and developed by DRDO capable of engaging the targets over 100km and equipped with…
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NSE advised investors  not to subscribe to any such scheme/product offered by TG Level

NSE advised investors  not to subscribe to any such scheme/product offered by TG Level

Caution for Investors: Such schemes are neither approved nor endorsed by the Exchange Mumbai: It has been brought to the notice of the Exchange that entity named “TG Level” operating through mobile number “8420583592” is providing assured/guaranteed returns on investments in stock market and offering to handle trading account of investors by asking investors to share their Login ID/Password. The investors are cautioned and advised not to subscribe to any such scheme/product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law. Further, investors are advised not to share their trading credentials…
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Tata Steel Meramandali Launches 20 Electric Buses for Employees

Tata Steel Meramandali Launches 20 Electric Buses for Employees

A step towards sustainable and eco-friendly transportation solutions Chandigarh: Tata Steel Meramandali (TSM), located in Narendrapur village of Dhenkanal district, launched its fleet of electric buses as a demonstration of the Company’s commitment to sustainable and eco-friendly transportation for its employees. Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel, and Uttam Singh, Vice President – Operations, TSM, inaugurated a bus bay with charging facilities and flagged off the buses in the presence of senior officials. As part of this green initiative, 20 electric buses will ply inside the plant premises to ensure daily intra-plant movement for employees in the first…
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Caution for Investors by DAM CAPITAL ADVISORS LIMITED

Caution for Investors by DAM CAPITAL ADVISORS LIMITED

DAM CAPITAL says “Sujal Patel” & “Navdeep Bajwa” are not associated with them in any manner Mumbai: It has been brought to the notice of the Exchange that person named “Sujal Patel” & “Navdeep Bajwa” operating through mobile numbers “7054874084” & “9967603975” claiming to be associated with entity named “DAM Trade Capital” are providing securities market tips, assured/guaranteed returns on investments in stock market and offering to handle trading account of investors by asking investors to share their Login ID/Password. Investors are requested to take note that “DAM CAPITAL ADVISORS LIMITED” a registered trading member of Exchange, has informed NSE that…
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Poonawalla Fincorp Forays into Education Loans Business, Offers Financing up to INR 3 Crore

Poonawalla Fincorp Forays into Education Loans Business, Offers Financing up to INR 3 Crore

The offering aims at providing faster turnaround time and quick sanctions to deliver hassle-free experience Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC arm focused on Consumer & MSME Lending, has launched an education loan business focusing on students pursuing higher education in international universities. The offering aims at providing faster turnaround time and quick sanctions to deliver hassle-free experience. As part of this launch, the company has also announced an industry-first initiative of providing instant sanction for education loans. This seamless, technology-driven financing experience is available to both new and existing PFL customers. Why This Matters…
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Bank of Baroda inaugurates Phygital Branch in New Delhi

Bank of Baroda inaugurates Phygital Branch in New Delhi

The Phygital branch offers a differentiated customer service experience through Self Service kiosks, Video Contact Centre and Universal Service Desks New Delhi: Bank of Baroda, one of India’s leading public sector banks, inaugurated another Phygital branch at Parliament Street in New Delhi. The phygital branch will redefine customer experience by seamlessly integrating self-service and assisted service models to meet the diverse requirements of customers. Bank of Baroda’s phygital branch features Self Service kiosks, a Video Contact Centre for non-financial services and Universal Service Desks for in-person customer service. Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda inaugurated the…
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