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The social media giant is currently seeking to delay a law that would see it banned or sold in early 2025.
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ICRA's Chief Economist, Aditi Nayar, projects a slight rise in WPI inflation to 2.5-3% this month, diverging from CPI but converging by December. She anticipates CPI inflation cooling to 5-5.1%, potentially prompting a February rate cut. While a record trade deficit was driven by gold imports, Nayar expects moderation, forecasting a full-year current account deficit of 1.3-1.4% of GDP.
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News and Media
Regular pay grew at an annual pace of 5.2%, much faster than expected, official figures show.
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News and Media
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