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Japan’s Nikkei 225 surged to a record on Monday, breaching the 57,000 level with a 3.4% gain following Prime Minister Sanae Takaichi’s decisive “supermajority” victory in the Sunday general election, according to Nikkei Asia. This political mandate signaled a green light for Takaichi’s aggressive expansionary fiscal agenda, which includes a massive $135 billion stimulus package…
NEW DELHI: India’s vast informal manufacturing sector has seen jobs stay flat for nearly a decade, while the formal manufacturing sector has seen an increase, marking a sharp divergence in the growth trajectory of the two segments.An analysis of the latest unincorporated enterprises survey released last month showed that 3.5 crore people were employed in…
NEW DELHI: Supreme Court on Friday continued hearing pleas seeking changes to its earlier order on stray dogs, with actor Sharmila Tagore appearing as one of the applicants through her counsel. The top court sharply pushed back against the submissions made on Tagore’s behalf, saying such arguments were “completely removed from reality.”Appearing for Tagore, counsel…
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Gold and silver prices retreated on Monday as traders pared positions following hawkish remarks from US Federal Reserve officials, which weakened hopes of a rate cut in the upcoming policy meeting. The shift in sentiment pulled bullion prices lower after last week’s strong rally.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped…
NEW DELHI: Imported food items may reach consumers faster and in better condition, after the Food Safety and Standards Authority of India (FSSAI) changed its clearance process to reduce delays at ports.In a key change, FSSAI has allowed inspection and testing of imported food consignments to happen together, instead of waiting for payments at every…
