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Business

India's Robust Forex Reserves: Sustaining 11 Months of Imports and 96% of External Debt

India's forex reserves as of June 2024 are sufficient to meet over 11 months of imports and 96% of external debt, according to the RBI. The reserves have increased by $6.4 billion ...

Business

RBI Bulletin: Indian Economy Shows Signs of Recovery Post Q2 Slowdown

The Indian economy is recovering from Q2 slowdown, driven by strong festival activity and rural demand, according to the RBI Bulletin. Global economy shows resilience with steady g...

Business

Gold Prices Drop in India, Silver Surges: Market Insights

Gold prices in New Delhi dropped by Rs 100 to Rs 78,600 per 10 grams, while silver surged by Rs 500 to Rs 90,500 per kg. Global gold futures remained steady, influenced by a strong...

Business

Elon Musk's xAI Secures $6 Billion in Funding, Grok AI Chatbot Praised

Elon Musk praises xAI's Grok AI chatbot after the company secures $6 billion in Series C funding. Grok's capabilities in image recognition and explanation are highlighted.

Business

American Airlines Resumes Operations After Brief Grounding Due to Technical Issue

The FAA lifted the grounding order for American Airlines, allowing the airline to resume normal operations after experiencing a technical issue that led to flight delays.

Business

Akasa Air Fined Rs 10 Lakh by DGCA for Denying Compensation to Offloaded Passengers

India's DGCA fines Akasa Air Rs 10 lakh for not compensating passengers denied boarding due to foreign object damage on the original flight.

Business

American Airlines Faces Nationwide Grounding Due to System Failure

American Airlines has grounded all flights nationwide due to a system issue, according to the FAA. The airline is working to resolve the problem during the busy holiday travel seas...

Business

Unlocking Financial Security: A Comprehensive Guide to Life and Term Insurance

This guide explores the essentials of life and term insurance, explaining their benefits, features, and importance. It provides insights into choosing the best policies and debunks...