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Poonam Gupta has assumed her role as the new deputy governor at the Reserve Bank of India, joining the Monetary Policy Committee. With extensive experience at the World Bank and IMF, she will oversee key departments and contribute to monetary policy decisions. Gupta's expertise is crucial amidst global economic challenges and fluctuating inflation rates.
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Indian benchmark indices ended higher on Friday, extending gains for the third straight week, driven by hopes of an India-US trade deal and consistent foreign portfolio investor inflows for 11 sessions.
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The boss of the retailer says he is "really sorry" for the disruption which caused it to pause its online operations.
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