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Posted on May 29, 2025

India central bank’s net income surges in FY25 as FX gains rise

The Indian central bank's net income stood at 2.67 trillion rupees ($31.19 billion) in the financial year ending March 2025 against 2.11 trillion rupees in the previous year, according to its annual ...

Posted on May 29, 2025

India’s GDP likely grew by 7% in Q4FY25; current fiscal year GDP to settle at 6.3%: Report

ICICI Bank report forecasts India's economy to grow by 7% in Q4FY25, driven by government spending and rural demand.

Posted on May 29, 2025

India’s GDP likely grew by 7% in Q4FY25; current fiscal year GDP to settle at 6.3%: Report

ICICI Bank report forecasts India's economy to grow by 7% in Q4FY25, driven by government spending and rural demand.

Posted on May 29, 2025

Private credit’s deal desperation lands in India

Investors including BlackRock and Ares will be paid no interest on struggling conglomerate Shapoorji Pallonji's $3.5 bln bond. And their layers of protection include collateral they might not be able ...

Posted on May 29, 2025

Australia’s Defence Minister Marles to Meet US, Japan Counterparts

SYDNEY (Reuters) -Australia's Defence Minister Richard Marles will meet with his U.S. and Japanese counterparts at an Asian security forum in Singapore, the first trilateral talks since elections in ...

Posted on May 29, 2025

Foreign reinsurers’ market share in India to cross 50% in 2025: GlobalData

Licensed foreign reinsurers continue to expand their market presence in India, with their share, in terms of gross written premiums (GWP), almost doubling from 25.8% in 2019 to 49% in financial year ...

Posted on May 29, 2025

Pakistan pitches ‘responsible’ image as diplomatic war with India heats up

India and Pakistan have shifted from armed confrontation to a diplomatic offensive, seeking to shape global opinion.

Posted on May 29, 2025

Indonesia seeking to appease Washington in tariff negotiations

Whatever the end result of the negotiations, it is the working class that will shoulder the costs of the US trade war measures.

Posted on May 29, 2025

Philippines says China has no right to object or interfere with its ‘lawful’ activities in South China Sea

The Philippine Foreign Ministry said on Thursday that China has no right to object to or interfere with the Philippines' lawful and routine activities in the South China Sea.

Posted on May 29, 2025

US restricts chip design software sales to China, sources say

The U.S. has ordered companies that offer software used to design semiconductors to stop selling to China without first getting an export license, two people familiar with the situation said.

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