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06.02.26 - 06:54
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India Keeps Rates Steady: What It Means for Markets (Bloomberg)
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The Reserve Bank of India kept its key rate unchanged at 5.25%, signaling confidence in the economic outlook after the government pledged to boost spending and secured a trade deal with the US. Still, Indian assets face competition from more attractive global markets, JPMorgan Head of India Equity Research Sanjay Mookim tells 'Insight with Haslinda Amin.' He also warns of risks from AI disruption in the IT sector, but pointed to financials, autos, and consumer stocks as areas of resilience.
(Source: Bloomberg)...
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06.02.26 - 05:42
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Rupee in green: Currency rises 9 paise to 90.25 against US dollar (Times of India)
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The Indian Rupee saw a slight gain against the US dollar, buoyed by trade deal optimism but tempered by caution ahead of the RBI's monetary policy. Stock markets mirrored this hesitant mood, opening lower as investors await the central bank's decision. Corporate dollar demand and domestic equity weakness also influenced currency movements....
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05.02.26 - 23:36
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′In the end, you feel blank′: India′s female workers watching hours of abusive content to train AI (The Guardian)
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Women in rural communities describe trauma of moderating violent and pornographic content for global tech companiesOn the veranda of her family's home, with her laptop balanced on a mud slab built into the wall, Monsumi Murmu works from one of the few places where the mobile signal holds. The familiar sounds of domestic life come from inside the house: clinking utensils, footsteps, voices.On her screen a very different scene plays: a woman is pinned down by a group of men, the camera shakes, there is shouting and the sound of breathing. The video is so disturbing Murmu speeds it up, but her job requires her to watch to the end. Continue reading......
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05.02.26 - 21:06
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India, six Gulf nations set stage to launch FTA talks (Times of India)
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Gulf Cooperation Council — comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE — is a key trade and investment partner for India, with exports of nearly $57 billion and imports of around $122 billion, accounting for over 15% of India's total global trade. Trade with GCC has grown at an average annual rate of about 15% in the last five years....
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05.02.26 - 21:06
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HNIs, family offices fuel India′s private credit engine (Times of India)
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What's fueling the rise of private credit in the first place is the fact that banks are not being able to fulfil all kinds of requirements, leaving a funding gap for mid-market structured credit, said Dhedhi. “Private credit can provide non-dilutive capital that can be tailored to specific needs of each borrower....
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