Lowering barriers will benefit both India, EU: Banga

Bhubaneswar: Praising India and the European Union (EU) for signing the trade agreement, World Bank Group president Ajay Banga Thursday said emerging markets like India are extremely crucial to world trade. “I think all trade deals are important. In the last 20 years, global trade quadrupled, but the share of the emerging markets also doubled…

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Rupee nears 92/$, RBI helps cap fall

Mumbai: The rupee ended Thursday at 91.96 to the dollar, down 18 paise from its previous close of 91.78, after slipping to a record low near the 92 level before recovering marginally on dollar sales by public sector banks on behalf of RBI. The dollar index edged up about 0.12% to around 96.27, adding to…

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Brent tops $71/barrel, approaches Aug high

London: Brent oil futures prices jumped on Thursday, hitting a near six-month high on rising concerns about a possible US military attack on Iran, Opec‘s fourth-largest producer with output of 3.2 million barrels per day.“The immediate concern … is the collateral damage done if Iran takes a swing at its neighbours or possibly even more…

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Hybrid, not home: IT cos’ quiet shift back to office

Bengaluru: One size doesn’t fit all in the return-to-office push. Work-from-home, once the defining perk of the pandemic era, is quietly being phased out across India’s IT sector as companies tighten hybrid work norms and make in-office presence the new default.TCS has mandated five days of office attendance and linking compliance to variable pay and…

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