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India’s manufacturing PMI hits 31-month high in May

New Delhi: Manufacturing activities in India advanced further and touched a 31-month high in May supported by stronger increase in new orders and favourable market conditions, which in turn generated more employment opportunities, a monthly survey said on Thursday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index® (PMI®) rose from 57.2 in April to…

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We will strive to take India-Nepal ties to Himalayan heights: PM Modi after talks with Prachanda

New Delhi: India and Nepal will strive to take their bilateral ties to Himalayan heights and resolve all matters, including the boundary issue, in this spirit, Prime Minister Narendra Modi said on Thursday after holding wide-ranging talks with his Nepalese counterpart Pushpakamal Dahal ‘Prachanda’. In his media statement after the meeting, Modi said he and Prachanda…

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GDP figure exposes lies of Rahul’s ‘market of hate’ against India’s development: BJP

New Delhi: The BJP on Wednesday accused Rahul Gandhi of “spreading a market of pessimism, hate and distrust” against India’s development journey as it cited the robust 7.2 per cent annual economic growth of the country to target the Congress leader. Addressing a press conference, BJP leader and former Union minister Ravi Shankar Prasad said Gandhi’s…

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SEBI now looking to tighten FPI disclosure rules it was ‘forced to dilute’ to benefit Adani: Cong

New Delhi: A day after the SEBI proposed mandating additional disclosure for high-risk Foreign Portfolio Investors, the Congress on Thursday alleged that the regulator was now looking to tighten the very rules it was “forced to dilute” in 2018 to benefit the Adani Group. Capital markets regulator Securities and Exchange Board of India (SEBI) on…

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