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Today's stories include ONGC and IndusInd Bank Q3 results, economic survey 2025 data among others.
GDP growth for fiscal year 2026 is projected at 6.3%-6.8%, as presented in Parliament on Friday.
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Economic Survey 2025 Advocates Flexible Working Hours Based on Seasonal Demand
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The five things on CEA's mind include deregulation, state participation, urban consumption slowdown, working hours regulation and flexibility, health tax on ultra-processed foods and AI, labour displacement.
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The Economic Survey 2025 does not propose a specific fiscal intervention for ultra-processed foods (UPFs) but highlights their health hazards.
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The government's fiscal deficit has reached 56.7% of the budgetary target at the end of the first nine months of the financial year ending in March 2025.
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The Indian equity benchmark indices closed higher four days in a row, but extended its monthly losing streak.
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IndusInd Bank's third-quarter net profit dropped 40% to Rs 1,401 crore due to bad loans.
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ONGC net profit dropped 31% in the October–December quarter of the current financial year, missing the Street's expectations.
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India's foreign exchange reserves rose to $629.56 billion for the week ended Jan. 24, as per the data released by the RBI
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