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Bloomberg Quint
3h
328
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India's Defence Exports Surge To Record Rs 23,622 Crore In 2024-25
- India's defence exports have surged to a record high of Rs 23,622 crore in the FY 2024-25.
- This marks a 12.04% increase compared to the previous fiscal year when defence exports stood at Rs 21,083 crore.
- Defence Minister Rajnath Singh stated that India is on track to achieve its target of Rs 50,000 crore in defence exports by 2029.
- The Defence Public Sector Undertakings (DPSUs) have shown a significant increase of 42.85% in their exports in 2024-25.
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Medium
3h
167
This is a report generated by ChatGPT using Deep Research on May 2025 — It was made for me and am…
- Web mapping has evolved with smarter analytics, 3D visuals, and broader accessibility, integrating AI/ML for geospatial analysis and 3D maps.
- OpenStreetMap serves as a foundation for mapping platforms globally, with diverse users ranging from cartographers to tech product teams.
- The mapping ecosystem caters to various users with different needs, leading to a demand for different mapping solutions.
- Mapping technology is crucial across sectors, with the location intelligence market projected to reach over $80 billion by 2033.
- Companies are developing internal mapping platforms for strategic independence and tailored solutions to unique challenges.
- Simplified mapping tools for non-expert users are on the rise, driving geospatial awareness and creating niche markets for startups.
- Climate change intensifies the use of GIS mapping tools for understanding and responding to environmental challenges.
- The GIS industry faces challenges such as data accuracy and privacy but seeks to address them through collaboration and innovation.
- Opportunities for innovation in the geospatial sector lie in creating integrated, predictive, and collaborative mapping solutions.
- GIS web mapping is evolving with trends like AI integration and democratized mapping, while addressing challenges through creative solutions.
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Bloomberg Quint
3h
201
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RBI Says 98.21% Of Rs 2,000 Notes Returned
- The Reserve Bank announced on Tuesday that 98.21% of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,366 crore worth of such notes are still with the public.
- The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, has declined to Rs 6,366 crore at the close of business on March 31, 2025, RBI said.
- The facility for deposit and/or exchange of the Rs 2000 banknotes was available at all bank branches till Oct. 7, 2023. However, this facility is still available at the 19 issue offices of the Reserve Bank.
- Since Oct. 9, 2023, RBI issue offices are also accepting Rs 2000 banknotes from individuals and entities for deposit into their bank accounts.
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Baystreet
3h
245
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Agnico Eagle, Intact, Orla at 52-Week High on News
- Agnico Eagle Mines Limited (T.AEM) hits a new 52-week high on the news of acquiring shares of Rupert Resources Ltd.
- Intact Financial Corporation (T.IFC) hits a new 52-week high as Lynn O'Leary takes on the role of President, U.S., Global Specialty Lines.
- Orla Mining Ltd (T.OLA) reaches a new 52-week high with the announcement of the start of an exploration drilling program at the Musselwhite Mine.
- ARC Resources Ltd. (T.ARX), Sprott Physical Gold and Silver Trust (T.CEF), Canadian Gold Corp. (V.CGC), China Gold International Resources Corp. Ltd. (T.CGG), Corby Spirit and Wine Limited Unlimited (T.CSW.B), and other companies also hit new 52-week highs.
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HinduBusinessLine
3h
235
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RBI to conduct 4 open market operation purchase auctions of G-Secs of ₹20,000 cr each in April
- The Reserve Bank of India (RBI) will conduct four Open Market Operations (OMO) purchase auctions of G-Secs in April.
- The auctions will be held on April 03, April 08, April 22, and April 29 with each tranche of ₹20,000 crore.
- The RBI's decision is based on the review of current and evolving liquidity conditions.
- The liquidity surplus of about ₹90,000 crore as of March 30, 2025, may soon turn into a deficit, leading to the OMO purchase auction announcement.
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Samsung
3h
63
Samsung Electronics Announces New Leadership at DX Division
- TM Roh named Acting Head of the Device eXperience Division, in addition to his current role as Head of Mobile eXperience Business
- Won-joon Choi named COO of Mobile eXperience Business, in addition to his current roles as Head of R&D Office and Head of Global Operation Team of Mobile eXperience Business
- Cheolgi Kim named Head of Digital Appliances Business, previously Executive Vice President and Head of Strategic Marketing Office of Mobile eXperience Business
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HinduBusinessLine
3h
212
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No cut in capex; SASCI release in FY25 crosses ₹1.46 lakh crore, says FM Sitharaman
- Finance Minister Nirmala Sitharaman responded to the criticism of former Finance Minister P Chidambaram, stating that there has been no cut in the capex of the Central government.
- Sitharaman mentioned that the claims about a cut in capital expenditure are misleading and based on flawed comparisons, as budget estimates naturally evolve into revised estimates based on various factors.
- She highlighted that the capex numbers have increased year-on-year, with a rise from ₹10.01 lakh crore (BE 23-24) to ₹11.11 lakh crore (BE 24-25), indicating an 11.11% increase.
- Sitharaman emphasized the increase in capex outlays by the central government since 2021, with a significant rise from ₹4.12 crore in FY21 to ₹11.2 lakh crore in FY26, and mentioned that the actual releases for SASCI in FY25 amount to ₹1,46,362 crore.
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HinduBusinessLine
3h
145
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A nutraceutical looks to stir-up weight-loss segment
- The Good Bug, founded by Keshav Biyani and Prabhu Karthikeyan, is launching a natural, probiotic-fibre blended “weight management” product.
- The product has been clinically tested and found to reduce weight by 12%.
- It will be an over-the-counter (OTC) product, priced at ₹2,000 a month, and will involve powders mixed with water.
- The Good Bug has revenue of Rs 100 crore and will manufacture the product at its plants in Puducherry and Maharashtra.
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HinduBusinessLine
4h
148
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‘NITI NCAER States Economic Forum’ portal to help States raise revenues, manage debts: Sitharaman
- The 'NITI NCAER States Economic Forum' portal has been launched to help states raise revenues and manage debts.
- The portal is a comprehensive repository of data on social, economic and fiscal parameters, research reports, and expert commentary on State Finances for a period of about 30 years.
- It will facilitate an understanding of macro, fiscal, demographic, and socio-economic trends, and provide benchmarking of data against other states and national figures.
- The portal aims to create awareness and fiscal learning across states, while serving as a platform for policymakers, researchers, and others interested in informed debates and discussions.
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Guardian
4h
175
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Rebel Energy goes bust leaving 90,000 customers without supplier
- Rebel Energy, a UK energy supplier with about 90,000 customers, has gone bust due to soaring wholesale prices.
- The company will cease trading immediately, leaving the industry regulator to find a new supplier for its customers.
- Rebel Energy's collapse comes after the energy regulator began disciplinary action against the company.
- Customers are advised to wait for their new supplier, appointed within days, and not try to switch in the meantime.
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Guardian
4h
196
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Motor finance compensation ruling ‘goes too far’, says City regulator
- The City regulator believes that the court of appeal ruling on motor finance compensation scandal goes too far, potentially leading to hefty compensation bills akin to the PPI scandal.
- The Financial Conduct Authority (FCA) disagreed with the court of appeal's decision, particularly in treating motor-dealer brokers as owing fiduciary duties to consumers.
- The ruling could result in a compensation bill estimated at up to £44bn, sparking concerns about impacting various financial products sold on commission, including insurance.
- Car dealerships warned that the ruling risking financial chaos, overriding regulations and introducing uncertainty and instability in the commercial order.
- The National Franchised Dealers Association expressed worries about the novel duty that may create havoc and surprise regulators, potentially leading to financial chaos.
- Roughly 90% of new cars are bought with the help of motor loans where car dealers receive commissions from lenders like Lloyds Banking Group and Santander UK.
- Lawyers for Close Brothers argued that car dealers had little responsibility to act in consumers' financial interests, comparing it to shop workers not obligated to act in the best interest of customers.
- The FCA cautioned against dismissing concerns over bribery in commission payment disclosures, emphasizing the importance of addressing potential exploit gaps in the law.
- Despite law firms criticizing the FCA for siding with lenders, the regulator continues to stress the need to examine the way commission is paid and disclosed to prevent exploitation.
- Darren Smith of Courmacs Legal criticized the FCA for not prioritizing consumers and accused them of protecting lenders who have misled consumers for years, calling for consumer protection and restitution.
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HinduBusinessLine
4h
6
Image Credit: HinduBusinessLine
Editorial. Ad-hoc change in derivative expiry days undesirable
- Regulatory intervention is needed when competition between stock exchanges disrupts market operations and inconveniences investors.
- Flexibility should be given to market infrastructure institutions for designing derivative contracts to allow product innovation.
- SEBI proposes that exchanges choose either Tuesday or Thursday as the settlement day for all equity derivative contracts to end uncertainty for traders and investors.
- Stock exchanges should have the flexibility to innovate in product design, based on market demands, while ensuring that regulations are not overly stringent.
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Bloomberg Quint
4h
67
Image Credit: Bloomberg Quint
Swiggy Gets Rs 158-Crore Assessment Order From Income Tax Department
- Swiggy Ltd. has received a Rs 158.25 crore assessment order from the Income Tax Department.
- The tax evasion allegations pertain to cancellation charges paid to merchants and interest income on income tax refund.
- Swiggy believes it has strong arguments against the order and is taking necessary steps to protect its interests.
- Shares of Swiggy closed marginally higher, and analysts have mixed ratings on the stock.
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Inkbotdesign
4h
84
How to Measure Content Marketing Performance
- Content marketing success hinges on measurement and analytics for informed decisions.
- Key metrics like bounce rate, session duration, and pages per session reveal user behavior.
- SEO metrics such as organic traffic and keyword rankings are crucial for online visibility.
- Revenue-related metrics like conversion rate, CAC, and ROI indicate content's impact on profits.
- Content production metrics track efficiency in creating and publishing content.
- Efficient content creation involves measuring output, time to publish, and resources used.
- Strategic timeliness and frequency in content production drive engagement and audience growth.
- Engagement metrics like social shares/comments and audience interaction time gauge content resonance.
- Monitoring these metrics guides content strategy towards success and audience relationship-building.
- Aligning metrics with content marketing goals enhances brand awareness and lead quality.
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HinduBusinessLine
4h
332
Image Credit: HinduBusinessLine
Letters to the Editor dated April 1, 2025
- Britain's decline and India's rise as a steel powerhouse are highlighted in a letter to the editor.
- The need for a structured mechanism to provide hassle-free exits for start-ups is discussed.
- The potential impact of tariffs on India-US ties, and the importance of non-alignment in foreign policy, are mentioned.
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