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Brazil blocks US backed WTO e commerce moratorium extension in Yaounde deadlock, as Ngozi Okonjo Iweala warns of new digital duties and reform talks shift to Geneva.

Rupee jumps to 93.59 per dollar as RBI caps bank net open rupee positions at 100 million dollars, forcing unwinding of NDF arbitrage amid Iran conflict volatility.

Goldman Sachs said the EBITDA loss run-rate for integrated OMCs remains elevated and is higher than the peak losses seen in CY22.

Shares of Welspun Corp have not seen significant moves in the last 12 months, with the stock gaining only 2%. The stock is down 2% so far this year.

On the charts, Hyundai Motor India trades below key moving averages and has also slumped into “oversold” territory. The RSI on the charts is now at 24. An RSI reading below 30 means that the stock is “oversold.”

Rentomojo operates a tech-led, direct-to-consumer platform that offers furniture and home appliances on a rental and subscription basis. The company is currently the largest player in the organised online rental segment, with an estimated market share of 42-47% based on…

RBI caps bank rupee positions to curb record rupee slide as oil surge and West Asia conflict strain India bonds, yields, and rate hike expectations.

Usually, banks are allowed to have net open positions of up to 25% of their respective tier-1 capital, while there are no caps on gross positions.

With this, Urban Company said that InstaHelp has become the fastest-scaling business unit in the history of Urban Company’s operations.

With the latest clearance, the total approvals in the present fiscal have risen to a record of ₹6.73 lakh crore (excluding the Rafale acceptance of necessity of ₹3.25 lakh crore). This is more than triple the previous year’s figure of…