The Times of India - Business (8 hours ago)
Pakistan aims to repay the remaining $1.5 billion loan to the UAE by April 23, following a $2 billion repayment. This comes as the country anticipates a $1.2 billion disbursement from the IMF after recent negotiations. Saudi Arabia has also extended a $3 billion deposit maturity, depositing $2 billion to bolster reserves.
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India is poised to advance its nuclear energy program by inviting bids for the 220 MWe Bharat Small Modular Reactor (BSMR-200) within six months. This initiative, a key part of the nation's clean energy transition, will allow foreign companies to partner with local firms.
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Amidst geopolitical tensions, the government assures uninterrupted fuel availability, with no disruption in LPG supply and normal deliveries. Citizens are urged to avoid panic buying as efforts are underway to ensure petrol, diesel, and LPG availability. Indian shipping continues to navigate the Middle East safely, with authorities closely...
ReadThe Times of India - Business (11 hours ago)
Dalal Street eyes US-Iran conflict, crude oil, and corporate earnings for direction. HDFC Bank and ICICI Bank reported Q4 results, with the former warning of West Asia conflict risks. Analysts anticipate continued focus on geopolitical developments and their impact on global markets and capital flows.
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India and the United States will resume trade talks next week in Washington. A delegation of Indian officials will meet their US counterparts. Discussions will focus on the first phase of a proposed bilateral trade agreement. Recent changes in US tariff policy necessitate a review of the earlier finalized trade structure.
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Indian markets concluded the week on a positive note, with the combined market value of the top ten companies surging by over Rs 1.87 lakh crore. Bharti Airtel emerged as the leading gainer, adding Rs 58,831 crore to its valuation. This uptrend was supported by easing geopolitical tensions and a positive risk sentiment.
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