In just 15 years! China builds world’s largest bullet train network; where does India stand on high-speed rail?

This is representative AI image China has created the world’s largest high-speed rail network in just 15 years. China has rapidly built 47,000 kilometers of high-speed tracks, connecting nearly every major city. With trains running above 300 km/h, journeys like Beijing to Shanghai now take just over three hours. Backed by domestic innovation and global…

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Mango prices plunge! ‘King of fruits’ now available at just Rs 40-45 per kg; rates unlikely to go up soon

The decline in mango prices can be attributed to increased production and early harvesting. (AI image) Mango prices in Uttar Pradesh, India’s largest producer of the fruit, have decreased by approximately one-third compared to last year due to increased availability, according to growers and traders. The well-known Dasehri variety now sells for Rs 40-45 per…

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Northeast gets grip on rubber for tyres

CHENNAI: Govt and industry’s efforts to extend natural rubber plantation to the northeastern states has started to bear fruit with the region’s (Tripura, Assam & Meghalaya) share in total production more than doubling to 17.5% in 2023-24 from 7.8% in 2013-14.Tripura’s rubber production has jumped to 91,500 tonne from 39,000 tonne in 10 years, data…

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Meesho turns public company ahead of $1 bn IPO

BENGALURU: Meesho formally transitioned into a public limited company, shows filings with the ministry of corporate affairs. The move came as the firm advanced its plan to shift legal domicile from the US to India and restructure operations under a single onshore entity. Meesho is preparing for a potential $1 billion IPO. Source link

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Forex markets: Rupee rises 9 paise to close at 85.57 against dollar, FII inflows lend support amid global volatility

The Indian rupee appreciated by 9 paise to settle at 85.57 against the US dollar on Monday, buoyed by strong foreign institutional investor (FII) inflows. Further gains were capped by rising global crude oil prices, a stronger US dollar, and mixed cues from domestic equities, forex traders said.At the interbank foreign exchange, the local currency…

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