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Chequered Flag Feb. 28: Headlines At A Glance

Q3 GDP, India-EU trade talk, Skype's goodbye, and Mahakumbh's impact on economy are among the top stories today.

Nifty's Longest Monthly Losing Streak Since 1996

Photo Credit: Vijay Sartape/NDTV Profit

The Nifty index recorded its longest monthly losing streak in 28 years, falling for the fifth consecutive month, a trend not seen since November 1996.

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Sequential Uptick In India's Q3 GDP

Photo Credit: Pralhad Shinde/NDTV Profit

India's GDP grew 6.2% over a year earlier in the October-December period, compared to a revised growth of 5.6% in the July-September quarter.

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India's Forex Reserves Rise

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India's foreign exchange reserves rose to $640.48 billion in the week ending Feb. 21, according to figures published by the Reserve Bank of India.

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Fiscal Deficit At 74.5% Of FY25 Target

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The Union government’s fiscal deficit reached 74.5% of the budgeted target by the end of the first 10 months of financial year 2025.

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EU-India FTA This Year?

Photo Credit: Narendra Modi/ X

India and the European Union have agreed to go ahead with a free trade agreement this year, which will be "the largest deal of this kind" in the world, a top EU official said.

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CEA Sees Mahakumbh Boosting Q4 GDP Growth

Photo Credit: Mahakumbh/X

The Mahakumbh is expected to boost India’s economic growth in the fourth quarter, Chief Economic Adviser V Anantha Nageswaran said, citing increased spending on travel, consumption, and hospitality.

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Skype To Shut Down

Photo Credit: Stefan Wermuth/Bloomberg

Microsoft Corp. is signalling the end of the line for Skype, the iconic internet calling and chat service it bought almost 14 years ago.

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