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Rate-sensitive stocks rise after RBI MPC outcome; Nifty Auto hits record high, Nifty Realty up over 2.5%

RBI MPC Meeting, Aug. 5 -- Rate-sensitive sectors witnessed strong buying interest on Wednesday after the Reserve Bank of India (RBI) kept policy rates unchanged and raised its economic growth forecas... Read More


Indias forex reserves continue to be adequate, offer import cover of over 10 months

Mumbai, Aug. 5 -- Sanjay Malhotra, Governor of the Reserve Bank of India (RBI) has stated today that India's foreign exchange reserves continue to be adequate in terms of the standard metrics of reser... Read More


China's AsymBio secures $184 M capital injection to support long-term growth

Singapore, Aug. 5 -- AsymBio, a China-based biologics-focused Contract Development and Manufacturing Organization (CDMO) and a subsidiary of Asymchem Group, has announced a total capital injection of ... Read More


South Africa's economic heartland

South Africa, Aug. 5 -- Central South Africa - encompassing the Free State, Northern Cape, North West and Vaal - is far more than a route between major metros. It is a strategic economic hub that driv... Read More


What Spider-Man just taught marketers about digital strategy

South Africa, Aug. 5 -- According to Deadline, the film's promotional partner push has generated a worldwide media value of $309m, eclipsing Sony's own previous high of $288m set by Spider-Man: Far Fr... Read More


Tanzania mandates digital payments for key transactions

DODOMA, Aug. 5 -- The government has introduced mandatory digital payments for a wide range of transactions as part of efforts to reduce cash usage and close loopholes for money laundering. The requi... Read More


Meta apologises over PM Modi post removal; admits money paid to boost content, govt sources say

India, Aug. 5 -- Instagram and WhatsApp-owner Meta Platforms Chief Executive Mark Zuckerberg apologised for the temporary removal of Prime Minister Narendra Modi's Facebook post. The company executive... Read More


CM Vijay-led govt presents first Budget, allots over Rs 1,000 cr for gold ring, coin gifts

India, Aug. 5 -- Tamil Nadu Finance Minister N Marie Wilson on Wednesday, August 5, presented the maiden budget of the TVK regime, earmarking over Rs 1,000 crore to provide gifts of gold coin, ring an... Read More


TN LoP Udhayanidhi Stalin dubs TVK govt's budget 'big zero'

India, Aug. 5 -- Leader of the Opposition Udhayanidhi Stalin on Wednesday, August 5, termed the TVK government's budget "big zero" and slammed the alleged reduction in the budgetary allocation for edu... Read More


RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook

India, Aug. 5 -- The Reserve Bank of India kept its benchmark policy rate unchanged for a fourth consecutive meeting on Wednesday, August 5. The RBI has opted to wait for greater clarity on whether hi... Read More