Stock market today: Nifty50 ends above 24,650; BSE Sensex gains over 180 points

Market watchers continue to monitor geopolitical developments, institutional investment patterns, and forthcoming economic indicators. (AI image) Stock market today: Stock market indices Nifty and Sensex finished higher in volatile trading on Wednesday, driven by selective buying amid falling inflation and positive global signals. The markets were supported by strong performance in metal and industrial sectors,…

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Boosting bilateral trade: India, US move swiftly to ease apple, shrimp trade barriers amidst deal progress

India is preparing for substantial procedural changes to facilitate the import of US apples, addressing concerns highlighted in the March 31 USTR report. (AI image) India-US trade deal: Both India and the United States are making significant headway in reducing bureaucratic obstacles affecting trade in various commodities between the two nations.Over the past two weeks,…

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Pakistan gets $1,023 million as second tranche from IMF under extended fund facility

The State Bank of Pakistan announced that these funds will reflect in the country’s foreign exchange reserves. (AI image) Pakistan has obtained the second instalment of special drawing rights amounting to 760 million ($1,023 million) from the International Monetary Fund (IMF) through the extended fund facility programme. Another Victory! Indian Soldier Released By Pak After…

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‘Forgotten Operation Dost’: Indian fruit traders boycott Turkish goods over support to Pakistan

Representative (Photo credit: ANI) NEW DELHI: Protests have erupted in several parts of the nation, as fruit traders begin boycotting Turkish goods, especially apples—after Turkey voiced support for Pakistan in its actions against India.Traders have strongly opposed Turkey’s stance, saying any country that supports Pakistan against India will face a boycott. “Turkey gave drones to…

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Four Indian companies commit $6.8 billion overseas FDI in April; nearly $6 million in Azerbaijan, Turkey

Four Indian firms invested close to $6 million in Azerbaijan and Turkey as part of the country’s total outbound foreign direct investment (FDI) for April, according to the data released by Reserve Bank of India on Wednesday.These contributions represent a small portion of the overall $6.8 billion in proposed overseas investments by Indian companies that…

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Explainer: India’s trade relations with Turkey, Azerbaijan and how it may be affected after Pakistan conflict

NEW DELHI: India’s trade relations with Turkey and Azerbaijan are facing new challenges after both countries voiced “support for Pakistan” and criticised New Delhi’s recent strikes on terror camps in Pakistan and Pakistan-occupied Kashmir. Their stance has sparked nationwide calls in India to boycott goods from Turkey and Azerbaijan and avoid traveling to these countries.Online…

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MakeMyTrip bookings for Azerbaijan, Turkey down 60%, cancellations up 250%; MMT discontinued all ‘promotions, offers on platform’

NEW DELHI: MakeMyTrip on Wednesday said it reported a decline in travel demand to both Turkey and Azerbaijan, amid rising calls on social media to boycott the two nations. The platform revealed that bookings have plunged by 60% over the past week, while cancellations have soared by 250%. “Indian travellers have expressed strong sentiments over…

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India Semiconductor Mission: All you need to know about Centre’s bold leap to become global microchip hub

NEW DELHI: The Cabinet on Wednesday approved a new semiconductor plant in Jewar, Uttar Pradesh. The plant, to be set up by the HCL-Foxconn joint venture, will produce display driver chips for mobile phones, laptops, and cars under the “India Semiconductor Mission.”“The Cabinet has approved a sixth semiconductor plant. It is a joint venture between…

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