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Forex reserves fall by $13bn to $734.6bn

Recent Views 21 MUMBAI: India’s foreign exchange reserves fell by $13 billion to $734.6 billion in the week ended Oct 2, driven by a sharp decline in foreign currency assets and gold reserves. Foreign currency assets, the largest component of the reserves, dropped by $10.7 billion to $604.7 billion.Gold reserves declined by $2.3 billion to…

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States to assess GDP through spending method

Recent Views 24 NEW DELHI: For decades, a state’s growth was measured by relying only on the production approach, or by gauging what factories, farms, and services within its borders produced. That model is now set for an overhaul, as the statistics ministry unveiled a new manual to compute state GDP via expenditure approach —…

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‘Olympic gold jeetna hai’: Kumkum Mohod’s big dream after ending Korea’s stranglehold in archery at Asian Games 2026 | Asian Games 2026 News

Recent Views 18 NEW DELHI: For years, Kumkum Mohod had watched South Korean archers closely, studying their technique and trying to understand what made them so dominant in recurve archery. She observed their movements, learnt from their approach and looked at the qualities that had made them role models for young Indian archers like her.But…

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In 2018, Ron Burkle bought Bob Hope’s 5-acre Los Angeles estate for $15 million; after restoring it while preserving Hope’s oak library and golf hole, he sold it for $26 million in 2023

Recent Views 17 An iconic piece of Hollywood history in Los Angeles has changed hands for $26 million (£20 million) after undergoing a sensitive multi-year restoration project. American businessman Ron Burkle acquired the sprawling five-acre Toluca Lake compound that once belonged to the legendary entertainer Bob Hope in 2018 for $15 million (£11.5 million). Following…

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Bank credit up 20% year-on-year in end September

Recent Views 19 MUMBAI: Banks concluded the first half of FY27 with an acceleration in balance-sheet expansion, as year-on-year credit growth climbed to 19.4% and aggregate deposit growth reached 17.8%, leaving the credit-to-deposit ratio at 81%.Total bank credit stood at over Rs 229.9 lakh crore as of Sept 30, while aggregate deposits reached about Rs…

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A Texas ranch spanning nearly 77,000 acres is back on the market for $180 million after the 2024 Smokehouse Creek Fire scorched more than half its land; the property has since undergone a major recovery

Recent Views 16 According to reporting from the Fort Worth Business Journal, CoStar News and DTN, the historic Turkey Track Ranch in the Texas Panhandle has returned to the market for $180 million after being pulled from sale following the devastating 2024 Smokehouse Creek Fire. The 77,721-acre property has since undergone extensive restoration, including the…

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PERM freeze: Indian IT stocks rally, but talent exodus looms | India Business News

Recent Views 18 BENGALURU/HUDERABAD: Even as the US govt suspended processing under the Permanent Labour Certification (PERM) programme for some Indian IT firms, potentially jeopardising eligible employees’ pathways to permanent residency, the sector’s stocks rallied on Friday, suggesting limited market concern amid declining dependence on H-1B visas.However, the suspension could create talent retention and hiring…

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