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Stock Markets on Nov 13: Sensex, Nifty fall on inflation concerns
Indian equity benchmark indices Sensex and Nifty slumped in early trade, ending a three-day rally, as profit-taking combined with concerns over surging retail inflation, which breached the Reserve Bank of India's upper tolerance limit, leading to anticipation of a policy rate hike. Track Sensex, Nifty on November 13.
US revokes over 6k visas over birth tourism
The Trump administration is doubling down on immigration curbs, with the Department of States Birth Tourism Prevention Task Force revoking over 6,000 visas from foreigners who engaged in or facilitated birth tourism.We are identifying and holding accountable everyone involved in this illicit practice, the US State Department, in a post on X, said.— StateDept (@StateDept) Birth tourism refers to travelling to the US to give birth, often with the aim of securing US citizenship for the child. The latest action signals a wider crackdown on both participants and facilitators, including those who help arrange such travel.What Trumps order allowsThe executive order signed by President Donald Trump on August 6 defines birth tourism as entering the US on a nonimmigrant visa to give birth, or helping another foreign national enter the country for that purpose.It directs the Secretary of State and the Secretary of Homeland Security to take steps to prevent birth tourists from receiving visas or other travel authorisations. Officials may also revoke existing visas, deny entry and remove people who engage in the practice.The order also targets the wider birth-tourism industry. Companies, organisations and individuals in the US or abroad who facilitate such travel may face action under the new policy.The order says birth tourism operators often advertise US childbirth services, promise citizenship or access to public benefits and coach clients to misrepresent their travel plans to consular and border officials. It argues that such schemes exploit temporary visa categories to secure long-term immigration benefits.However, the order allows the State Department or DHS to grant exemptions on humanitarian grounds or when a persons entry is considered to be in the US national interest.
Godrej Properties acquires 31 acres in Indore for new residential project amid strong demand
Godrej Properties Ltd has acquired a 31-acre land parcel in Indore for a residential development project. This acquisition will increase the company's presence in the booming Indore property market, where demand is high. The planned development is expected to have a saleable area of approximately 0.7 million square feet. Godrej Properties already has two projects in Indore at advanced stages of completion.
Bengaluru Metro Pink Line launches today
Rupee rises 7 paise to 94.05 against US dollar during early trade
The rupee traded in a narrow range and gained marginally by 7 paise to 94.05 against the US dollar in early trade on Friday, as the support from foreign fund inflows was negated by broad-based strength in the dollar. Forex traders said the rupee is showing positive momentum, driven by consistent foreign investments, lower crude oil prices, and a favourable external environment. However, strengthening of the American currency in the overseas market weighed on investors' sentiment. In the interbank foreign exchange market, the rupee opened at around 94.07, then touched 94.05, up 7 paise from its previous closing level. On Thursday, the rupee depreciated 41 paise to close at 94.12 against the US dollar. The external environment remains supportive of the rupee, backed by softer crude oil prices and renewed FII inflows. However, after appreciating sharply from 97.00 to around 94.00, a near-term pullback could push USD/INR towards 94.5095.00. Such a move should be viewed as a ...
Food inflation to stay elevated; ICICI Bank sees 25 bps RBI rate hike in December
Food inflation in India is projected to remain elevated in the coming months due to a shortfall in crops. The Reserve Bank of India is anticipated to raise interest rates by 25 basis points to manage retail inflation. Factors such as weak monsoon and high energy prices contribute to the rising inflation. Many essential food items are experiencing upward price pressure amid ongoing inflationary trends.
China stages massive, unannounced military drills around Taiwan in 'silent intimidation'
China executed extensive military drills in the western Pacific and around Taiwan, aiming to exert pressure. These unannounced exercises involved over 100 vessels and included simulated attacks on various targets. Taiwanese officials described the drills as a tactic of silent intimidation before key international meetings. While the number of active vessels has decreased, air force activity near Taiwan remains high.
The targets have been set under the state's Industrial Policy 2025-30, with Karnataka seeking investments in sectors such as semiconductors, aerospace, artificial intelligence, clean energy, life sciences and electric mobility.
Ranbir Kapoor's Ramayana: Part One has collected Rs 676.12 crore gross and Rs 565.51 crore net in India in nine days, according to Sacnilk. While the film has received praise from filmmakers, Mukesh Khanna criticised Sai Pallavi's portrayal of Sita, while Nitish Bharadwaj called it a masala movie. The film has also been submitted for Oscars 2027 consideration.
Desire within US, India to conclude trade deal by G20: ex-US diplomat
Negotiations for a phase one trade agreement between the US and India are ongoing and complex. Both countries express a desire to conclude the deal by the upcoming G20 Summit in Florida. Former diplomat Nisha Biswal indicated that significant issues remain, particularly concerning India's comparative advantages. India's Commerce Minister Piyush Goyal stated that the country expects one of the best trade deals with the US.
LinkedIn profile alone cannot deny wife maintenance
Tata Dispute: Parsi High Priest Appeals to Modi
Thanking Narendra Modi for his support to the Zoroastrian community over the years, Vada Dasturji Khurshed Dastoor said the community had full faith that whatever decision the PM takes would be 'to the benefit of Bharat and our Zoroastrian community'.
Microsoft Outlook outage: When will it resume?
How did a tax proposal led the Dutch government to the verge of collapse? | Explained
The Netherlands currently has a minority government by a coalition of three parties holding 66 seats in the 150-member Tweede Kamer, the lower house
Passenger ferry service planned connecting Chennai, Mamallapuram and Puducherry
Tamil Nadu Maritime Board invites Expression of Interest for the service
Food arrives by drone in APEC host Shenzhen, as China expands 'low-altitude' economy
A steady hum fills the air around busy tourist areas
Uneven monsoons, El Nino pose upside risks to inflation; another RBI hike possible: Report
Uneven monsoons and the possibility of El Nino conditions could pose upside risks to food inflation in FY27, keeping the Reserve Bank of India (RBI) open to another interest rate hike despite expectations of gradual moderation in overall price pressures, according to a report by Nuvama Institutional Equities.
For the first half of FY27, NHC Foods posted total income of Rs 821.45 crore, an increase of 282 per cent from Rs 214.68 crore a year earlier. Profit rose nearly 13-fold to Rs 38.68 crore, compared with Rs 3.01 crore in the year-ago period.
Singapore barred Alice Huang from re-entry
Kolkata-Sairang train derailment: Preliminary probe points to faulty braking system
A six-member probe team, in its report, found that the system primarily responsible for applying brakes in the coaches, technically known as the BP angle cock, was in an isolated condition in the locomotive
Power transmission developers seek relief for projects hit by interconnection delays
Power transmission developers have called on the Ministry of Power to implement key changes to enhance project completion efficiency. They highlighted the necessity for automatic financial and contractual relief when delays stem from interconnected infrastructure. The Electric Power Transmission Association suggested that the Central Transmission Utility of India Ltd assume a larger role in coordination efforts.
Anirudh Ravichander and Kavya Kalanithi Maran reportedly had a self-respect marriage in Greece, confirmed DMK leader Dr T R B Rajaa. The tradition involves no priest or elaborate rituals and allows couples to declare their marriage and exchange garlands, rings or a thali. Rooted in Periyar's Self-Respect Movement, it was legalised in Tamil Nadu in 1968.
Microsoft works to boost infrastructure capacity
Trump backed Huang until the end: Report
Sovereign Gold Bonds: SGB 2018-19 Series III completes its eight-year tenure on Friday, 13 November. Investors stand to earn up to 348% in capital gains, excluding interest income. Check how the RBI-fixed redemption price translates into investment gains and how much interest you can earn.
UAE: 14 killed, 30 injured in Fujairah accident
Im a piece of sh-: Huangs last hours as CEO
Planning to repay 7 lakh debt in six months? An expert shares five practical steps to clear the loan by prioritizing high-interest loans, exploring cheaper borrowing options and more.
US returns over $12 billion in oil proceeds to Venezuela since Maduro's ouster, report says
The Trump administration has reported returning over $12 billion in oil revenue to Venezuela as of September 30. Almost all funds from oil sales have been directed to support infrastructure and humanitarian needs. The U.S. Treasury managed the escrow account from which these funds were disbursed following approved requests. Various payments were made for essential supplies and services, including healthcare-related equipment.
Beau Jessup, the daughter of actress Lisa Maxwell, has passed away at the age of 27. She had been studying journalism at Columbia University in New York City. The university expressed condolences to her family and friends while mourning her loss. Beau was set to graduate from her master's program in May 2027.
Nvidia's rival lurking in the shadows of a spy scandal
Bank holiday today: SBI, HDFC Bank, ICICI Bank, Canara Bank and Punjab National Bank branches will be closed on 16 days this month, including regional holidays and weekend offs, as per the RBI calendar.
India remains a 'shining star' in gloomy global economy: NITI Aayog VC
India remains a 'shining star' in gloomy global economy: NITI Aayog VC
US tracks China chip trail to alleged spy Alice Huang
Investors reassess US data centre bets
Timed IPO jackpot for Anthropic staff
Cancer Drugs: 1,000% Markups, Price Cuts & the Hospital Profit Puzzle
Ghana unveils $10 billion 'New Economy' plan in 2027 budget
Ghana will invest $10
CBDT MAPs out rules for foreign taxpayers
Private power firms demand shield against project delays
In a representation to Power Secretary Pankaj Agarwal, the Electric Power Transmission Association (EPTA) has sought changes to the tariff-based competitive bidding (TBCB) framework governing inter-state transmission projects, including deemed commercial operation date, full tariff recovery and protection against penalties where a project's commissioning is held up by delays in separately awarded interconnected facilities.
Blackstone-backed JP Schools to enter NCR
Sachin Tendulkar invests in Hyderabad-based Recykal to boost circular economy
India to have one of the 'best' trade deals with the US: Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Thursday said India will have one of the est trade deals with the US in every respect. He said that India has negotiated a very good set of outcomes with the US in the pact. And in every respect, India will have one of the best deals with the US, he told reporters here. India and the US in February finalised a framework for the first phase of the bilateral trade agreement. However, changes in the tariff landscape in the US have led to further negotiations.
Civil aviation minister announces technical trilateral committee involving India, Oman, UAE
Union Civil Aviation Minister K Rammohan Naidu announced a trilateral committee involving India, Oman, and the UAE. This committee aims to tackle operational challenges related to regional airspace. A recent meeting included discussions on these topics amid evolving geopolitical circumstances. Upcoming technical discussions are scheduled with the International Civil Aviation Organisations regions this month. These collaborations seek to foster coordinated solutions for airspace operations in the region.
India needs to create high-quality jobs, increase productivity growth: IMF
The International Monetary Fund has upgraded India's potential growth to 6.8 percent, citing favorable demographics and a growing economy. Higher productivity growth and stronger private investment are essential to realize this potential. Faster creation of high-quality jobs is also crucial for sustainable economic development. The IMF continues to view India as a key growth engine for the global economy.
Modi urges farmers to diversify crops, adopt natural farming and reduce chemical use
Addressing an agriculture conference, the Prime Minister highlighted farm exports, fertiliser subsidies and agricultural growth while making a pitch for sustainable practices
US lawmakers turn heat on Nvidia's China chips
Colette Kress' 1st message as CEO to Nvidia employees
Hike in subsidy poised to boost sales of DAP, complex fertilizers
Apart from availability issues in DAP and higher price of complex, demand was low due to drop in coverage of rabi crops
CAG widens purview of power sector audit, starting with DISCOMs; consumer satisfaction in focus
Officials stated that DISCOMs would be evaluated for their performance over a five-year period, following by transmission, generation, renewable energy and RDSS.
CMRL awards contract for property development buildings at Thirumangalam
Contract to Capacite Infraprojects Ltd features a train running through the building, CMRL says
PLI schemes meet just 28% of employment target by FY26: NITI Aayog report
NITI Aayog's assessment finds that PLI schemes achieved 76 per cent of their investment target but only 28 per cent of the jobs goal, calling for refinements in scheme design
Retail inflation may remain above 6 pc for next few months; economists see possibility of rate hikes
Mumbai's consumer price index-based retail inflation is projected to remain above 6 percent in upcoming months. This rise is attributed to increasing food prices, an adverse base effect, and commodity price impacts. Economists predict that retail inflation will average 6.2 percent in the October-December quarter of FY27. Heightened food prices and weather-related risks pose ongoing challenges for crop production.
Meet Harvey Jones, Nvidia's first-ever board chair
Trump has a surprise name for Nvidias biggest job
Tractor sales rise 3.1% in October; Mahindra leads with 23% market share
Sources say there is also a strong demand for tractors from non-agricultural industries like road construction and mining
Nvidia CEO Huang Resigns, Kress Interim Chief
Nvidia co-founder Jensen Huang has resigned as president, chief executive, and board member of the chipmaker. Chief Financial Officer Colette Kress has been appointed interim CEO while the company searches for a permanent successor. Huang's departure follows media reports alleging an extramarital affair with a Chinese businesswoman suspected of spying, leading to an internal inquiry and an FBI investigation.
Dual Booster for Indian Economy: FII Inflows Surge as Crude Falls
CAG to launch in-house AI model to help auditors analyse financial data
Developed by IIT Madras, the LLM is trained on 65,000 internal inspection reports and will help CAG auditors analyse financial data, identify patterns and streamline routine work
State Bank of India has revised its estimate for the upcoming Reserve Bank of India rate hike. The new projection suggests a 0.25 percent increase instead of a previously expected 0.50 percent. This adjustment follows improvements in external conditions and a revival in foreign fund inflows. Analysts note that inflation is projected to remain above 6 percent in November before easing.
India Targets Indigenous Aircraft, Major Airport Growth
Civil Aviation Minister K Rammohan Naidu announced India's ambitious plans to become a global hub for civil aviation manufacturing, aiming to produce made-in-India civilian aircraft within two years. He highlighted the expansion of airport capacity to 800 million by 2029, the construction of 100 new airports and 200 heliports, and the success of the UDAN scheme in boosting regional air connectivity and first-time flyers. The minister also noted the growing ecosystem for aviation component manufacturing and partnerships with international players like Embraer and Adani Group.
Responses from consumer to be part of audit of discoms by C&AG
The integrated audit is envisaged to cover all major sub-segments of the power sector over the next four years generation, transmission, distribution, and renewable energy
Meesho block deal: SoftBank-backed entity likely to sell 1% stake worth Rs 1,174 crore
SoftBank Group-backed investment vehicle SVF II Meerkat (DE) LLC is likely to divest around 1% stake in e-commerce platform Meesho through a block deal worth Rs 1,174 crore, according to reports.The floor price for the transaction has been set at Rs 246.23 per share, representing a discount of around 3.1% to Meesho's closing price of Rs 254.15 apiece on Thursday.SVF II Meerkat (DE) LLC held 31,63,60,762 shares, representing a 6.84% stake in Meesho, at the end of the September quarter of FY27, according to exchange data. Following the proposed transaction, its shareholding is expected to decline to around 5.8%, assuming no other transactions take place in the interim.ALSO READ: Vodafone Idea Q2 Results: Loss widens to Rs 5,975 crore, revenue rises 6% YoY; ARPU jumps to Rs 198Meesho Q2 resultsMeesho reported a 67.8% year-on-year reduction in its consolidated net loss to Rs 132.45 crore in the September quarter of FY27 (Q2FY27), compared with a loss of Rs 411.36 crore in the corresponding quarter of the previous financial year. Revenue from operations increased 34.4% year-on-year to Rs 4,131.58 crore in Q2FY27 from Rs 3,073.67 crore in Q2FY26. Total expenses rose 23.8% to Rs 4,382.27 crore from Rs 3,540.44 crore in the year-ago quarter.On a sequential basis, the company's net loss remained broadly unchanged at Rs 132.45 crore, compared with Rs 132.84 crore in the June quarter. Revenue from operations increased 11.3% quarter-on-quarter to Rs 4,131.58 crore from Rs 3,712.81 crore.EBITDA loss stood at Rs 229 crore, compared with Rs 225 crore in the preceding quarter.The e-commerce marketplace also reported growth across key operating metrics. Annual transacting users increased 21% year-on-year to 284 million, while last-twelve-month purchase frequency rose 7% to 10.4. First-time buyers increased 16% sequentially, and annual transacting sellers grew 60% year-on-year to 1.13 million.Meesho acquires 92.74% stake in Kirana ClubIn a separate development, Meesho announced on November 7 that it had completed the first and second tranches of the acquisition of a 92.74% stake in Singapore-based Kirana Club Pte. Ltd. and its Indian step-down subsidiary, Retail Pulse Labs Private Limited (RPLPL).The acquisition was completed for an aggregate consideration of Rs 186.71 crore. Following the transaction, Kirana Club became a subsidiary of Meesho, while RPLPL became its step-down subsidiary.Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their relative(s) (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here
Modi to focus on strategic ties at ASEAN-India Summit as trade talks drag on
India looks to strengthen bilateral trade engagement with ASEAN members individually even as consensus on the bloc-wide trade pact remains elusive
Feed industry seeks govt intervention as input costs surge
Short-term measures like sorghum imports, access to damaged rice stocks may help ease situation, says CLFMA chairman Sumit Sureka
Nvidia after Huang: Who is interim CEO Kress?
Anbumani accuses officials of favouring real estate developers in Pallikaranai marshland case
The PMK president urges Chief Minister C. Joseph Vijay to intervene on the issue
Nvidia CFO Colette Kress has been named interim CEO of Nvidia after Jensen Huang stepped down from the leadership role. A finance graduate with an MBA, Kress joined Nvidia in 2013 after working at Microsoft, Cisco and Texas Instruments. Here's a look at her education, qualifications and nearly 25-year career in the technology industry.
India tops global economic resilience rankings for 2026-30 with a score of 71
The ASSOCHAM assessment highlights Indias projected growth, savings and investment strength, while flagging fiscal consolidation as a key area for improvement
AI industry faces uncertainty as Nvidia CEO quits
Retail inflation crosses 6% in October, one more rate hike imminent
Data showed that the headline number reached 6.09 per cent in October, against 5.54 per cent in September
India to get fully indigenous civil aircraft within two years, says Aviation Minister
Addressing the CII Partnership Summit, Naidu outlined Indias aviation expansion and highlighted Andhra Pradeshs growing infrastructure and investment opportunities
Nearly 70% of PLI scheme segments on track, says NITI Aayog report
A sector-wise assessment of PLI scheme shows that nearly 70 per cent of the targeted segments are on track, with particularly strong outcomes emerging in electronics, telecom and pharmaceuticals drugs, NITI Aayog said in a report on Thursday. As of March 2026, cumulatively the scheme has attracted investments of Rs 2,40,138 crore, generated production worth Rs 22,66,412 crore, created employment for 8,49,069 individuals, and disbursed Rs 35,354 crore in incentives. The assessment indicates that the production linked incentive (PLI) scheme is beginning to generate meaningful additionality across several sectors. ...the sector-wise assessment of PLI scheme indicates that nearly 70 per cent of the targeted segments are broadly on track, with particularly strong outcomes emerging in electronics, telecom and pharmaceuticals drugs, the report 'Impact Assessment of PLI Schemes' said. The report pointed out that large scale electronics manufacturing (LSEM) with an outlay of Rs 34,193 cr
What Nvidia said after CEOs shocking exit
In a move that would certainly send shockwaves through the tech world, Nvidia CEO Jensen Huang resigned from the company as president, chief executive officer (CEO) and a member of the company's board of directors, with immediate effect on Thursday.Meanwhile, Chief Financial Officer Colette Kress has been appointed as interim chief executive officer as the chip giant begins a search for a permanent successor.Nvidia's board said it will consider both internal and external candidates for the position. Kress will continue to serve as the company's executive vice president and CFO while serving as interim CEO until a permanent successor is appointed.Also Read | Jensen Huang quits as Nvidia CEO amid affair scandal; AI chip giant names Colette Kress interim chiefThe company did not disclose a reason for Huang's resignation in its announcement.Kress has served as Nvidia's executive vice president and CFO since joining the company in September 2013. During her tenure, she has led the company's finance organisation and played a key role in Nvidia's growth and evolution.Before joining Nvidia, Kress spent nearly 25 years in finance roles at leading technology companies, including Cisco and Microsoft.What Nvidia's board saidHarvey C. Jones, who has been appointed Nvidia's first-ever chair of the board, said Kress has helped lead the company through a period of extraordinary growth and has a deep understanding of its business, customers, operations and financial position.The board said it has full confidence in Kress and the leadership team and expects Nvidia's operations, customer commitments and product roadmap to continue without interruption.NVIDIAs strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years, Kress said.She added that Nvidia would continue advancing its work in accelerated computing and AI while focusing on customers, partners, developers and shareholders.Also Read | Jensen Huang and the Chinese spy honeytrap: How does China allegedly use this strategy to gather sensitive US information?Jensen Huang's Nvidia legacyThe board said Huang's contributions to Nvidia were profound and described the company as one of the world's most consequential technology companies.The Board and the company thank Jensen for his immeasurable contributions to the company and the industry, Nvidia said.Huang founded Nvidia and has led the company for 33 years, overseeing its transformation into a dominant player in accelerated computing and AI.A private affair, a very public exitHuang, 63, co-founded Nvidia in 1993 and has been at the helm of the company for more than three decades. During that time, he transformed Nvidia from a graphics chipmaker into one of the biggest beneficiaries of the global artificial intelligence boom. His departure marks a major change for the company and the semiconductor industry.Huang's exit comes amid a controversy involving Alice Huang, a Chinese businesswoman and former senior executive at Singapore-based data centre company Megaspeed, whom US intelligence agencies suspect of gathering information for Beijing. Huang admitted to having an extramarital relationship with her and apologised to his wife, children and Nvidia employees.The revelations prompted Nvidia's board to launch an independent investigation into reports that Huang had been targeted by a foreign intelligence operation. The company, however, said its board had no reason to believe that US national security or Nvidia's confidential information had been compromised. The affair finally cost Huang to step down from his position from the company.
PLI schemes attract 2.40 lakh crore investment, generate 22.66 lakh crore production
A NITI Aayog assessment with IIM Ahmedabad highlights strong manufacturing outcomes while identifying gaps in jobs, domestic value addition and exports
Huang quits, leaving Nvidia with tn-dollar question
Nvidia CEO Huang resigns with immediate effect
Vi bets on network expansion as subscribers rise
Vodafone's comeback call gets a big bill shock
India will have one of the 'best' trade deals with the US: Comerce Minister Piyush Goyal
Commerce and Industry Minister Piyush Goyal stated that India is close to finalizing a strong trade deal with the US. The framework for the initial phase of the bilateral agreement has been completed. However, recent changes in US tariffs have necessitated further discussions between the two countries. Goyal emphasized that the outcomes of the negotiations will be beneficial for India.
Faisal Islam: Why the UK economy is surprisingly resilient
The UK is seeing impressive growth, but will it last?
The Consumer Price Index saw almost all categories hit series highs as inflation spread across sectors of the economy
Akasa Airs Q1FY27 net loss widens to over 500 cr
Airline has said it remains well capitalised as it expands its network and raises funds from existing investors
India Inc's ECB, FCCB fundraising plans fall to $7.05 billion in September
Vodafone Idea plans to raise $1.5 billion and NaBFID $1 billion as India Inc's proposed overseas borrowings decline to $7.05 billion in September from $8.13 billion in August
Rupee slips past 94/$, US yields rise; bond yields harden ahead of auction
The rupee closed 0.37 per cent lower at 94.04 against the dollar as rising US Treasury yields weighed on the currency, while government bond yields hardened ahead of the weekly auction
Saregama Embraces AI For Efficiency While Battling Piracy
Saregama India's MD, Vikram Mehra, outlined the company's strategy regarding artificial intelligence, viewing it as a long-term opportunity for cost reduction and faster market entry. While supporting licensed innovation, Saregama is committed to combating the unlicensed use of its music catalogue, particularly against AI-generated covers. The company is investing in technology to track and manage such uses and is also exploring collaborations with AI creators. Saregama is also leveraging AI internally for content creation and operational efficiency, aligning with broader industry trends.
22 firms chase 10 GWh battery prize under PLI
PM Modi to inaugurate 7.5-km Pink Line stretch, flag off Bengaluru-Mangaluru Vande Bharat
The original estimated cost of the 21.26-km Pink Line corridor, from Kalena Agrahara to Nagawara, was 8,730 crore
Why RBI wants to cap select overseas remittances at 50 Lakh to save rupees | Explained
The RBI has reportedly proposed a 50 lakh sub-limit within the 2,50,000 annual Liberalised Remittance Scheme cap to curb dollar outflows and protect the rupee
