Rupee resilient despite FII outflows, India’s contribution to world market cap grows

Mumbai- India’s strong macroeconomic fundamentals — robust GDP growth, controlled inflation, managed twin deficits and record foreign reserves — have kept the rupee resilient despite foreign institutional investor (FII) outflows, a report showed on Wednesday. Most of the emerging markets have experienced FII outflows during October amid uncertainty around US election, geopolitical tensions in middle…

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Bihar govt approves nine proposals in Cabinet meeting

Patna- The Nitish Kumar-led Bihar Cabinet held a significant meeting at the Chief Minister’s Secretariat, approving nine key proposals across various departments on Tuesday. The Nitish Kumar government approved ₹56 crore 65 lakh 42 thousand was granted for constructing a minority residential school with a capacity of 560 students in Masaurhi, Patna district.Another ₹50 crore…

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Kharge seeks President’s intervention to restore normalcy in Manipur

Imphal- Congress President Mallikarjun Kharge on Tuesday sought the intervention of President Droupadi Murmu to restore peace, and normalcy and make constitutional machinery functional in Manipur. Kharge in a letter to the President claimed that both the Union and the state governments have completely failed in restoring peace and normalcy in Manipur during the last…

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