Arup Roychoudhury is a Business Editor for Deccan Herald, with previous experience at moneycontrol, bsindia, Financial Express, and Reuters. He specializes in covering business and economic news in India, providing insights on government policies, financial forecasts, and market trends.
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Bengaluru, India (Local)
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Arup’s focus on local Indian news, particularly government announcements and data citations related to the finance, economy, business, and politics sectors indicates a preference for sources with in-depth knowledge of these areas. Pitches should offer insights into significant economic developments within India or provide expert analysis on government policies and their impact on the country's financial landscape.
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The Nifty 50 index closed 2.12% lower at 25,250.1 points, while the Sensex shed 2.1% to 82,497.1 points. The benchmarks posted their worst session since early August.
Tata, who died in Mumbai late on Wednesday night at the age of 86, was one of India's most admired and respected figures.
By: Arup Roychoudhury
Despite a sharp monetary policy tightening, the global economy has remained unusually resilient, the Multilateral institution said on Tuesday.
By: Arup Roychoudhury
In fiscal year 2023-24, Karnataka contributed 11.9 per cent of direct tax revenue, the second highest after Maharashtra at 38.9 per cent. Delhi was at third spot (10.4 per cent), followed by Tamil Nadu (6.5 per cent) and Gujarat (4.8 per cent).
The troubles don't seem to end for the Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch.
Karnataka records biggest mop-up after Maharashtra.
FIIs have offloaded nearly Rs 1 lakh crore in October, making it the worst month for FIIs exiting the markets, and the sell-off is continuing this month.
The Sensex fell 984 points or 1.25 per cent, its second straight day of losses. Meanwhile, registering its fifth day of decline, the Nifty tumbled 324.40 points or 1.36 per cent to 23,559.05, the lowest since June.
Gautam Adani and others charged by prosecutors, including nephew Sagar Adani, may be forced to restrict overseas travels.
On Friday, the rupee weakened to another fresh low of 84.5075 per US dollar earlier in the day, pressured by portfolio outflows and a stronger American currency.
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