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The RBIs net forex purchases surged to $14.4 billion in Marchits highest since June 2021following $20 billion in buy-sell swaps. These actions aimed to infuse rupee liquidity into the banking system and manage forward dollar positions, helping support monetary policy transmission amid a strengthening rupee.
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The US sportswear giant says its price increases are part of "seasonal planning".
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Ministers accept recommended pay awards above the 2.8% they previously budgeted for.
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News and Media
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