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RBI Mulls Relief for Troubled Bank Depositors – The Reserve Bank of India is considering allowing customers of the financially stressed New India Co-op Bank to make withdrawals for emergencies, after restricting transactions due to the bank’s poor financial health.
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Dixon Technologies’ Growth Surge – Dixon Technologies, which assembles Google’s Pixel smartphones in India, is on track to double its revenue this year, benefiting from global companies shifting production from China to India.
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Maruti Suzuki Shares Decline – The stock price of Maruti Suzuki fell by nearly 2% today, dragging down the auto sector on the stock market, while the overall market remained weak.
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Tesla’s India Entry Faces Hurdles – While Tesla has been looking to expand into India, high import duties and a lack of clear policy commitments on local manufacturing continue to delay its entry into the country.
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Chief Economic Adviser Gets Extended Term – The Indian government has extended the tenure of Chief Economic Adviser V. Anantha Nageswaran for two more years, reinforcing economic stability ahead of upcoming financial reforms.
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New Delhi Gets First Woman Chief Minister – The BJP has appointed Rekha Gupta as Delhi’s Chief Minister after a major electoral win, marking the first time the capital has a female CM in decades.
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Stock Market Struggles Amid Global Concerns – Indian stock indices opened lower today due to weak global cues, as fears of US tariff hikes and concerns over oil prices impacted investor sentiment.
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Shriram Finance and NTPC Among Top Gainers – Despite an overall market downturn, stocks of Shriram Finance and NTPC performed well, closing with notable gains.
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Railway Station Tragedy in New Delhi – A stampede at the New Delhi railway station resulted in multiple casualties as overcrowding on a footbridge led to panic.
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Indian Oil Corporation Sees Stock Surge – Despite a general downtrend in the stock market, Indian Oil Corporation’s shares rose slightly, as oil demand projections remained stable.
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Government Plans for New AI Regulations – The Indian government is drafting new regulations for artificial intelligence to address ethical concerns and promote responsible AI usage.
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Record Heatwave Hits Northern India – Several parts of North India are experiencing an early heatwave, with temperatures soaring above seasonal averages, raising concerns about water shortages.
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ISRO Prepares for Major Space Mission – The Indian Space Research Organisation is gearing up for its upcoming Gaganyaan test flight, which will pave the way for India’s first human space mission.
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India and Russia Discuss Defense Ties – Defense officials from India and Russia met today to discuss future collaborations in military technology and arms procurement.
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Cricket World Cup Preparations in Full Swing – With the ICC T20 World Cup approaching, Indian cricketers have begun their training camps, focusing on squad selection and fitness drills.