Punjab Police Seize 30 Kg Heroin in Major Drug Bust; Smuggler Arrested

February 14, 2025 7:37 PM

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Punjab Police Seize 30 Kg Heroin in Major Drug Bust; Smuggler Arrested

In one of the biggest heroin seizures of this year in Punjab, the state police recovered 30 kilograms of heroin from the possession of a drug smuggler when he was on his way to deliver the consignment in Amritsar.   Punjab’s Director General of Police, Gaurav Yadav, stated that the arrested smuggler...

India’s Forex Reserves Surge by $7.65 Billion, Cross $638.26 Billion Mark

February 14, 2025 6:47 PM

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India’s Forex Reserves Surge by $7.65 Billion, Cross $638.26 Billion Mark

India's foreign exchange reserves increased by over 7.65 billion dollars, reaching over 638.26 billion dollars in the week ending February 7, according to the latest data released by the Reserve Bank of India (RBI). This marks the third consecutive week of growth in the reserves. During the last wee...

PLI Scheme Boosts Domestic Production of Medical Equipment in India

February 14, 2025 6:37 PM

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PLI Scheme Boosts Domestic Production of Medical Equipment in India

The government has said that several medical equipment are now being produced in India due to the Production Linked Incentive (PLI) scheme. The Chemical and Fertiliser Ministry said the commercial production of medical equipment like CT scans, dialysis machines, mammography, MRI, and high-flow oxyge...

Asian Markets End Mixed; European Indices Show Diverging Trends

February 14, 2025 6:11 PM

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Asian Markets End Mixed; European Indices Show Diverging Trends

Major Asian indices displayed a mixed trend today. Hong Kong's Hang Seng surged over three and a half percent, China's Shanghai Composite index gained over 0.4 percent, and South Korea's Kospi added 0.3 percent. Meanwhile, Japan's Nikkei lost 0.8 percent, and Singapore's Straits Times index fell 0.1...

US Stocks Rise as Corporate Earnings & Jobless Claims Data Boost Markets

February 14, 2025 6:09 PM

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US Stocks Rise as Corporate Earnings & Jobless Claims Data Boost Markets

US stocks edged higher yesterday, buoyed by positive corporate earnings reports from some companies. Also, the number of Americans filing new applications for unemployment benefits decreased last week, the Labour Department report showed yesterday. The Nasdaq Composite surged 1.5 percent, the S&...

Rupee Gains 8 Paise to Settle at 86.82 Against US Dollar

February 14, 2025 6:05 PM

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Rupee Gains 8 Paise to Settle at 86.82 Against US Dollar

In the Forex market, the rupee today appreciated by eight paise to settle at 86 rupees and 82 paise against the US dollar amid easing American currency. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 106.98 in intraday trade...