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Britain plays down concern on India trade deal, hints at implementation delay

LONDON, June 4 (Reuters) – Talks between Britain and India on implementing a free trade deal are moving ‌quickly and going well, trade minister Peter Kyle said, suggesting the deal would not be reopened but could come into effect later than expected after a dispute over steel. Britain and India agreed a free trade ​deal in May 2025 and signed it two months later, to be implemented after ​each country ratified the deal, which was expected to happen within about ⁠a year. But Indian officials have expressed concern about steel trade measures that Britain is due ​to introduce next month,

Stock markets end flat ahead of RBI’s monetary policy decision

Mumbai, Jun 4 (PTI) Benchmark indices Sensex and Nifty ended almost flat in a choppy trade on Thursday, as investors preferred to stay on the sidelines amid continuing uncertainty in West Asia and relentless foreign fund outflows. Caution also prevailed in the market ahead of the RBI’s monetary policy decision on Friday, an expert said. The 30-share BSE Sensex went up marginally by 13.84 points, or 0.02 per cent, to settle at 74,360.01. During the day, it hit a high of 74,544.24 and a low of 73,807.30, gyrating 736.94 points. The 50-share NSE Nifty eked out a marginal gain of

Rupee falls 7 paise to close at 95.83 against US dollar

Mumbai, Jun 4 (PTI) The rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. Forex traders said the prolonged West Asia crisis poses a major risk for India, which relies heavily on energy imports. Market participants are now turning their attention to the Reserve Bank of India’s MPC rate decision on June 5, as inflation, growth and the rupee are under focus. The six-member MPC, headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5.

‘Political hack with zero integrity: Cong pushes for Pradhan’s resignation

New Delhi, Jun 4 (PTI) The Congress on Thursday accused the Modi government of pursuing a political agenda in implementing the three-language formula in the CBSE curriculum and said Education Minister Dharmendra Pradhan has shown himself to be a “political hack with zero integrity” who must resign. Congress general secretary Jairam Ramesh said that aside from the CBSE’s “incompetent, hasty” implementation of its OSM system and the corruption in its tender process, the CBSE has also been in the news for its arbitrary implementation of three-language formula in Grade 9 and 10. “What’s the backstory to this move? In December

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