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The Reserve Bank of India (RBI) conducted a dollar-rupee buy/sell swap for $5 billion on Friday, with the transaction to be reversed on August 4. The RBI received bids worth five times the notified amount at $25.6 billion.
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The drugs giant blames "protracted" talks with the government as well as differences over funding.
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Global roles within Global Capability Centres (GCCs) in India are set to grow to 30,000 by 2030, reflecting India's shift from a low-cost destination to a hub of innovation. Leveraging its vast talent pool, India now constitutes 28% of the global STEM workforce. GCCs have matured into high-end engineering roles, with significant growth and expansion expected.
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News and Media
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