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Just in:   • India now has 1.76 lakh registered startups, 118 unicorns: FM Sitharaman  • Centre’s wheat procurement at MSP rises to three-year high  • RBI reduces inflation forecast to 3.7 pc for 2025-26  • RBI booster: EMIs, tenure set to come down for home loan borrowers  • RBI pegs India’s GDP growth at 6.5 pc for 2025-26  Last updated: 05 Jun, 2025    Global Business South Korea's economy shrinks 0.2 pc in Q1 IANS | 05 Jun, 2025 The South Korean economy contracted 0.2 per cent in the first quarter of this year, unchanged from an earlier estimate, central bank data showed Thursday, due mainly to a domestic political crisis and uncertainties stemming from U.S. President Donald Trump's administration's aggressive tariff scheme  More Headlines » Banks' lending rates down in South Korea amid monetary easing cycle » After India's objections, IMF justifies bailout package to Pakistan » S. Korea has competitive edge over China in UAE high-speed railway bid » South Korea, US to hold 2nd round of tariff talks in Washington this week » South Korea holds bilateral trade talks with 14 partners at APEC meeting   Read more....       Headlines Reviving economy top agenda for Lee amid US tariffs, weak domestic demand IANS | 04 Jun, 2025 Facing the dual challenges of the United States' aggressive tariff scheme and sluggish domestic demand, President-elect Lee Jae-myung is expected to prioritise securing a favourable trade deal with Washington and implementing measures to revitalise the stagnant economy through supplementary budgets and the promotion of advanced industries, experts said on Wednesday.    Read more.... 41 conglomerates under tight scrutiny on heavy debts: South Korea IANS | 29 May, 2025 South Korea's financial watchdog said on Thursday it has placed 41 highly indebted conglomerates under closer watch for debt reductions.     Read more.... US calls for 'fair and reciprocal' trade access in talks with India IANS | 29 May, 2025 A senior US diplomat stressed the importance of "fair and reciprocal market access" in discussions with his Indian counterpart, who came amidst ongoing talks on a trade agreement between the two sides.    Read more.... South Korean, Japanese biz leaders agree to boost cooperation in AI, chips IANS | 28 May, 2025 Business leaders of South Korea and Japan on Wednesday agreed to expand bilateral cooperation in artificial intelligence (AI), semiconductors and other key sectors while supporting Seoul's efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).    Read more....         Customs Exchange Rates Currency Import Export US Dollar 84.35 82.60 UK Pound 106.35 102.90 Euro 92.50 89.35 Japanese Yen 55.05 53.40 As on 12 Oct, 2024   Daily Poll Do you think Indian businesses will be negatively affected by Trump's America First Policy?  Yes  No  Can't Say   Commented Stories

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