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While the GDP at current prices rose around 10% since the end of FY23, the market capitalisation of all companies traded on the BSE has zoomed 61% since the same time.
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Year-to-date, Ambani became richer by $13.7 billion. Majority of his wealth is derived from his holding in publicly traded Reliance Industries.
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In the first quarter of the financial year 2023-24, the GVA and GDP growth was 8.2 per cent, while in the second quarter, the GVA was 7.7 per cent and GDP 8.1 per cent.
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The worker population ratio has also increased from 35.6% in Q4 FY23 to 36.9% in Q4 FY24.
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"Positive rate of inflation in April 2024 is primarily due to increase in prices of food articles, electricity, crude petroleum and natural gas, manufacture of food products, other manufacturing etc" Ministry of Commerce & Industry said in a statement on Tuesday.
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Vegetables inflation rises to 27.80 per cent in April 2024.
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States have begun to frame their own legislations to curb online real money gaming to fill the vacuum created in the absence of a self-regulatory body.
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JioCinema claims viewers can get premium plan at 51 per cent discount, while, the family plan is available at 40 per cent markdown.
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To make KYC process simpler, agencies have offered new guidelines.
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The Economic Times has reported that vessels moving on global routes could become more expensive with ships bound for the developed economies of the US and western Europe suffering the maximum impact.
