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Rice and wheat export bans are knee- jerk reactions, best avoided  

Rice and wheat export bans are knee- jerk reactions, best avoided  

If India turns out to be an unpredictable supplier, then traders both in India and abroad will start hedging their positions on Indian suppliers 

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​ If India turns out to be an unpredictable supplier, then traders both in India and abroad will start hedging their positions on Indian suppliers  If India turns out to be an unpredictable supplier, then traders both in India and abroad will start hedging their positions on Indian suppliers   Moneycontrol Latest News Read More  

If India turns out to be an unpredictable supplier, then traders both in India and abroad will start hedging their positions on Indian suppliers 

Agri Picks Report July 24, 2023: Geojit

Agri Picks Report July 24, 2023: Geojit

According to Geojit, Mixed moves were witnessed in NCDEX spices complex on Friday. Turmeric futures ended down profit booking, while dhaniya futures were up on firm demand.

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​ According to Geojit, Mixed moves were witnessed in NCDEX spices complex on Friday. Turmeric futures ended down profit booking, while dhaniya futures were up on firm demand. According to Geojit, Mixed moves were witnessed in NCDEX spices complex on Friday. Turmeric futures ended down profit booking, while dhaniya futures were up on firm demand.  Moneycontrol Latest News Read More  

According to Geojit, Mixed moves were witnessed in NCDEX spices complex on Friday. Turmeric futures ended down profit booking, while dhaniya futures were up on firm demand.

Buy USDINR; target of : 82.15 : July 24, 2023: ICICI Direct

Buy USDINR; target of : 82.15 : July 24, 2023: ICICI Direct

ICICI Direct, US$INR is expected to consolidate near the 82.00 level ahead of the key FOMC meeting due this week.

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​ ICICI Direct, US$INR is expected to consolidate near the 82.00 level ahead of the key FOMC meeting due this week. ICICI Direct, US$INR is expected to consolidate near the 82.00 level ahead of the key FOMC meeting due this week.  Moneycontrol Latest News Read More  

ICICI Direct, US$INR is expected to consolidate near the 82.00 level ahead of the key FOMC meeting due this week.

India#39;s economy to hold top spot for GDP but not so much for jobs growth: Poll

India#39;s economy to hold top spot for GDP but not so much for jobs growth: Poll

The world#39;s most populous country aspires to leapfrog to the status of a developed nation, riding on the unprecedented demographic dividend, which demands an annual gross domestic product (GDP) growth rate of around 8% for the next 25 years.

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​ The world#39;s most populous country aspires to leapfrog to the status of a developed nation, riding on the unprecedented demographic dividend, which demands an annual gross domestic product (GDP) growth rate of around 8% for the next 25 years. The world#39;s most populous country aspires to leapfrog to the status of a developed nation, riding on the unprecedented demographic dividend, which demands an annual gross domestic product (GDP) growth rate of around 8% for the next 25 years.  Moneycontrol Latest News Read More  

The world#39;s most populous country aspires to leapfrog to the status of a developed nation, riding on the unprecedented demographic dividend, which demands an annual gross domestic product (GDP) growth rate of around 8% for the next 25 years.

In Oval, Joe Biden and PM Modi spent plurality of their time on China: Official

In Oval, Joe Biden and PM Modi spent plurality of their time on China: Official

“In the Oval Office meeting between Modi and Biden, a plurality of that time was just spent talking about China… and the experiences they#39;ve had with Xi, both knowing him for a long time trying really hard to have a relationship with him, and just both essentially giving up on,” said the senior administration official who spoke on conditions of anonymity.

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​ “In the Oval Office meeting between Modi and Biden, a plurality of that time was just spent talking about China… and the experiences they#39;ve had with Xi, both knowing him for a long time trying really hard to have a relationship with him, and just both essentially giving up on,” said the senior administration official who spoke on conditions of anonymity. “In the Oval Office meeting between Modi and Biden, a plurality of that time was just spent talking about China… and the experiences they#39;ve had with Xi, both knowing him for a long time trying really hard to have a relationship with him, and just both essentially giving up on,” said the senior administration official who spoke on conditions of anonymity.  Moneycontrol Latest News Read More  

“In the Oval Office meeting between Modi and Biden, a plurality of that time was just spent talking about China… and the experiences they#39;ve had with Xi, both knowing him for a long time trying really hard to have a relationship with him, and just both essentially giving up on,” said the senior administration official who spoke on conditions of anonymity.

El Niño threat looks underpriced as emerging-market bonds rally

El Niño threat looks underpriced as emerging-market bonds rally

The periodic weather pattern that is currently forming in the Pacific Ocean typically results in hotter, drier conditions and therefore higher food prices in affected nations, giving policymakers more reason to keep pushing up borrowing costs.

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​ The periodic weather pattern that is currently forming in the Pacific Ocean typically results in hotter, drier conditions and therefore higher food prices in affected nations, giving policymakers more reason to keep pushing up borrowing costs. The periodic weather pattern that is currently forming in the Pacific Ocean typically results in hotter, drier conditions and therefore higher food prices in affected nations, giving policymakers more reason to keep pushing up borrowing costs.  Moneycontrol Latest News Read More  

The periodic weather pattern that is currently forming in the Pacific Ocean typically results in hotter, drier conditions and therefore higher food prices in affected nations, giving policymakers more reason to keep pushing up borrowing costs.

Alibaba to stay on sidelines of Ant’s $6 billion stock buyback

Alibaba to stay on sidelines of Ant’s $6 billion stock buyback

Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group Co. during the Chinese fintech leader’s imminent share buyback, saying it wants to maintain its slice of an important partner.rnAlibaba said in an exchange filing it won’t take part in Ant’s plan to buy back as much as 7.6% of its stock, which the latter’s board has approved. That decision comes after the e-commerce company and Temasek Holdings Pte said they were considering unloading part of the stakes during the program. rnAnt, a fintech pioneer that once dominated online spheres from mobile payments to money management, has lost much of its value since regulators scrapped what would have been a record IPO at the eleventh hour in 2020. Singapore’s state investment firm, for one, seeks a better understanding of how Ant arrived at its repurchase valuation of about 567.1 billion yuan ($78.9 billion). That’s almost 70% lower than an estimated $280 billion market capitalization in 2020.rnChinese regulators are wrapping up a two-year crackdown on the country’s once-freewheeling technology giants after slapping more than $1 billion of fines on Ant and Tencent Holdings Ltd. in July. Ant has completed its overhaul ordered by Beijing, though that pinched profitability and sapped growth at a sprawling platform that spanned lending and insurance to asset management.rnAnt’s Alipay remains a central payment method on Alibaba’s Taobao and Tmall online shopping platforms, and a key customer of its $11 billion cloud business. The company is seeking to shore up the bottom line of its six main divisions, which are set to split six ways to create several independent corporations, most of which can then pursue their own funding and eventual market debuts.rnwhat Bloomberg Intelligence SaysrnAlibaba’s decision not to sell back any of its Ant Group shares to the fintech firm raises the likelihood that the latter’s contribution to cloud revenue received by Alibaba will hit a record high in fiscal 2024. Last year, Ant paid 52% more cloud fees to Alibaba and contributed nearly 11% of its cloud revenue vs. 7.4% in the previous year.rn- Catherine Lim and Francis Chan, analystsrnrn“Given that Ant Group continues to be an important strategic partner to Alibaba Group’s various businesses, Alibaba Group has decided that it will not sell any shares to Ant Group under the proposed share repurchase, so as to maintain its shareholding in Ant Group,� the company said in its brief filing.

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​ Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group Co. during the Chinese fintech leader’s imminent share buyback, saying it wants to maintain its slice of an important partner.rnAlibaba said in an exchange filing it won’t take part in Ant’s plan to buy back as much as 7.6% of its stock, which the latter’s board has approved. That decision comes after the e-commerce company and Temasek Holdings Pte said they were considering unloading part of the stakes during the program. rnAnt, a fintech pioneer that once dominated online spheres from mobile payments to money management, has lost much of its value since regulators scrapped what would have been a record IPO at the eleventh hour in 2020. Singapore’s state investment firm, for one, seeks a better understanding of how Ant arrived at its repurchase valuation of about 567.1 billion yuan ($78.9 billion). That’s almost 70% lower than an estimated $280 billion market capitalization in 2020.rnChinese regulators are wrapping up a two-year crackdown on the country’s once-freewheeling technology giants after slapping more than $1 billion of fines on Ant and Tencent Holdings Ltd. in July. Ant has completed its overhaul ordered by Beijing, though that pinched profitability and sapped growth at a sprawling platform that spanned lending and insurance to asset management.rnAnt’s Alipay remains a central payment method on Alibaba’s Taobao and Tmall online shopping platforms, and a key customer of its $11 billion cloud business. The company is seeking to shore up the bottom line of its six main divisions, which are set to split six ways to create several independent corporations, most of which can then pursue their own funding and eventual market debuts.rnwhat Bloomberg Intelligence SaysrnAlibaba’s decision not to sell back any of its Ant Group shares to the fintech firm raises the likelihood that the latter’s contribution to cloud revenue received by Alibaba will hit a record high in fiscal 2024. Last year, Ant paid 52% more cloud fees to Alibaba and contributed nearly 11% of its cloud revenue vs. 7.4% in the previous year.rn- Catherine Lim and Francis Chan, analystsrnrn“Given that Ant Group continues to be an important strategic partner to Alibaba Group’s various businesses, Alibaba Group has decided that it will not sell any shares to Ant Group under the proposed share repurchase, so as to maintain its shareholding in Ant Group,â€� the company said in its brief filing. Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group Co. during the Chinese fintech leader’s imminent share buyback, saying it wants to maintain its slice of an important partner.rnAlibaba said in an exchange filing it won’t take part in Ant’s plan to buy back as much as 7.6% of its stock, which the latter’s board has approved. That decision comes after the e-commerce company and Temasek Holdings Pte said they were considering unloading part of the stakes during the program. rnAnt, a fintech pioneer that once dominated online spheres from mobile payments to money management, has lost much of its value since regulators scrapped what would have been a record IPO at the eleventh hour in 2020. Singapore’s state investment firm, for one, seeks a better understanding of how Ant arrived at its repurchase valuation of about 567.1 billion yuan ($78.9 billion). That’s almost 70% lower than an estimated $280 billion market capitalization in 2020.rnChinese regulators are wrapping up a two-year crackdown on the country’s once-freewheeling technology giants after slapping more than $1 billion of fines on Ant and Tencent Holdings Ltd. in July. Ant has completed its overhaul ordered by Beijing, though that pinched profitability and sapped growth at a sprawling platform that spanned lending and insurance to asset management.rnAnt’s Alipay remains a central payment method on Alibaba’s Taobao and Tmall online shopping platforms, and a key customer of its $11 billion cloud business. The company is seeking to shore up the bottom line of its six main divisions, which are set to split six ways to create several independent corporations, most of which can then pursue their own funding and eventual market debuts.rnwhat Bloomberg Intelligence SaysrnAlibaba’s decision not to sell back any of its Ant Group shares to the fintech firm raises the likelihood that the latter’s contribution to cloud revenue received by Alibaba will hit a record high in fiscal 2024. Last year, Ant paid 52% more cloud fees to Alibaba and contributed nearly 11% of its cloud revenue vs. 7.4% in the previous year.rn- Catherine Lim and Francis Chan, analystsrnrn“Given that Ant Group continues to be an important strategic partner to Alibaba Group’s various businesses, Alibaba Group has decided that it will not sell any shares to Ant Group under the proposed share repurchase, so as to maintain its shareholding in Ant Group,â€� the company said in its brief filing.  Moneycontrol Latest News Read More  

Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group Co. during the Chinese fintech leader’s imminent share buyback, saying it wants to maintain its slice of an important partner.rnAlibaba said in an exchange filing it won’t take part in Ant’s plan to buy back as much as 7.6% of its stock, which the latter’s board has approved. That decision comes after the e-commerce company and Temasek Holdings Pte said they were considering unloading part of the stakes during the program. rnAnt, a fintech pioneer that once dominated online spheres from mobile payments to money management, has lost much of its value since regulators scrapped what would have been a record IPO at the eleventh hour in 2020. Singapore’s state investment firm, for one, seeks a better understanding of how Ant arrived at its repurchase valuation of about 567.1 billion yuan ($78.9 billion). That’s almost 70% lower than an estimated $280 billion market capitalization in 2020.rnChinese regulators are wrapping up a two-year crackdown on the country’s once-freewheeling technology giants after slapping more than $1 billion of fines on Ant and Tencent Holdings Ltd. in July. Ant has completed its overhaul ordered by Beijing, though that pinched profitability and sapped growth at a sprawling platform that spanned lending and insurance to asset management.rnAnt’s Alipay remains a central payment method on Alibaba’s Taobao and Tmall online shopping platforms, and a key customer of its $11 billion cloud business. The company is seeking to shore up the bottom line of its six main divisions, which are set to split six ways to create several independent corporations, most of which can then pursue their own funding and eventual market debuts.rnwhat Bloomberg Intelligence SaysrnAlibaba’s decision not to sell back any of its Ant Group shares to the fintech firm raises the likelihood that the latter’s contribution to cloud revenue received by Alibaba will hit a record high in fiscal 2024. Last year, Ant paid 52% more cloud fees to Alibaba and contributed nearly 11% of its cloud revenue vs. 7.4% in the previous year.rn- Catherine Lim and Francis Chan, analystsrnrn“Given that Ant Group continues to be an important strategic partner to Alibaba Group’s various businesses, Alibaba Group has decided that it will not sell any shares to Ant Group under the proposed share repurchase, so as to maintain its shareholding in Ant Group,� the company said in its brief filing.

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