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06.04.26 - 07:24
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Rupee rebounds: Currency rises 33 paise to reach 92.85 against US dollar (Times of India)
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The Indian Rupee strengthened against the US dollar on Monday. This gain followed intervention by the Reserve Bank of India to curb speculative positions. The central bank capped banks' net open positions. Despite this, foreign capital outflows and global uncertainties pose risks. The Rupee may strengthen further but volatility is expected to persist....
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05.04.26 - 11:12
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Inside India′s ghost malls: How nostalgic hangout spots lost their magic (Times of India)
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India's once-vibrant malls are becoming 'ghost malls,' with nearly 20% underperforming or empty. This decline stems from poor planning, oversupply, and a failure to adapt to changing consumer experiences, not just e-commerce. While some struggle, these spaces offer potential for reinvention into entertainment, co-working, or educational hubs....
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05.04.26 - 05:24
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India makes first oil purchase from Iran in 7 years with no payment hurdle (Times of India)
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Amid Middle East supply disruptions, Indian refiners have resumed Iranian crude oil purchases after a seven-year hiatus, securing their energy needs. The government confirmed no payment hurdles exist for these imports, assuring India's crude oil requirements for the coming months are fully met. This strategic shift diversifies sourcing amidst global supply chain challenges....
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