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Digital asset firms court sovereign funds

Digital asset firms court sovereign funds NEW DELHI: Digital asset firms will court sovereign investors at a Delhi roundtable this week as India pursues “faster, cheaper international payments” while insisting replacing the dollar is not on its agenda. Brics Digital Asset Round Table will gather 50 industry leaders.Organiser SWFI said iBrics summit investors manage $1…

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rising food prices in india

India Gdp Growth: Robust GDP, record forex: Why economic boom is still taking a bite out of your breakfast

While GDP is growing and forex reserves are climbing, the grocery bill is telling a slightly different story (representative image) India’s economy clocked a herculean 7.8% growth in the April-June quarter of FY27. But is the average Indian feeling the boom?Despite global turbulence from the US-Iran conflict which has led to a shaky world economy,…

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nse ipo

Nse Ipo: NSE IPO may open on September 18, list on September 25; Rs 30,000 crore issue in sight: Report

The public issue is likely to remain open on September 18, September 21 and September 22 (representative image) The nearly Rs 30,000-crore initial public offering (IPO) of the National Stock Exchange (NSE) is likely to open for public subscription on September 18 and list on September 25, sources said on Tuesday.The price band for the…

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amazon flipkart

Flipkart: Flipkart widens lead against Amazon as quick commerce surges

Flipkart grows users faster than Amazon (representative image) Flipkart is adding users faster than Amazon in India, widening its lead in online retail even as quick-commerce platforms rapidly expand and its own rapid-delivery business, Flipkart Minutes, closes in on established rivals less than two years after its launch.Flipkart and Myntra together accounted for 35% of…

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pension claim rejected

Husband died in 2006, and widow was paid PF and gratuity; she filed for pension in 2011 but window had closed in 2010, here’s what Delhi High Court said

The Delhi High Court said the communication in question did not establish the truth of Devi’s claim. Her husband passed away in 2006 and she was not eligible for family pension. However, the bank her husband worked at opened a one-time pension eligibility window some years later which the widow applied for after the last…

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crypto

Crypto goes abroad, comes back as shopping money: How Indians are using overseas platforms to turn USDT, stablecoins into gift cards to buy groceries, fuel, food, mobile recharges and even gold

The vouchers are closed-loop prepaid instruments issued by specific entities. The world of cryptocurrencies is a strange one. And the way some Indians are ‘round tripping’ cryptos is another interesting facet of it.Someone ‘earning’ crypto through either legitimate or illegal activities can also use it via international organisations, without the transaction necessarily passing through local…

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us lpg for india

Why just Russian oil? US supplies over 50% of India’s LPG imports – what it means

Long-term contracts are being forged and India is reportedly looking to get a notable chunk of its LPG needs from the US. When US President Donald Trump announced that India would step up energy purchases from America, everyone thought of oil. But, the Middle East conflict has brought forward another energy stream from the US…

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cng pump

Alternate fuels overtake petrol in passenger car sales

CNG biggest alternative to petrol NEW DELHI: India’s passenger vehicle market appears to be moving beyond the phase where alternative powertrains were a niche choice. In Aug, CNG, hybrid and electric vehicles together overtook petrol-powered cars for the first time, pointing to a broader change in how buyers are weighing fuel costs, technology and long-term…

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agnikul cosmos

Agnikul Cosmos: Indian startup Agnikul Cosmos unveils testing & manufacturing hubs in Chennai to validate reusable rocket stages

STIF is a fully in-house facility for testing reusable rocket stages under flight-like operating conditions NEW DELHI: In a giant step towards attaining reusable launch vehicle technology like Elon Musk’s SpaceX, Indian space startup Agnikul Cosmos has inaugurated two new assembly and testing facilities in Chennai.The company unveiled the Stage Testing & Inspection Facility (STIF)…

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