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Japan's business-to-business service inflation hit an eight-year high in the fiscal year that ended March.
According to the data by Bank of Japan, The services producer price index, which measures the prices companies charge each other for services, rose 1.8% in fiscal 2022, higher than a 1.2% increase in the previous year.
Gold prices edged higher in early Asian trading on Tuesday, helped by a softer dollar. Spot gold rose 0.4% to $1,996.99 per ounce by 0037 GMT US gold futures gained 0.3% to $2,005.50. The dollar index was down 0.1%, making gold more attractive for buyers holding other currencies.
PM Narendra Modi will inaugurate and lay the foundation stone for various projects worth ₹4,800 crore at Silvassa, Dadra and Nagar Haveli today afternoon. The PM will dedicate to the nation NAMO Medical Education and Research Institute in Silvassa.
The prime minister will address a gathering at Sayli village near Silvassa and launch several developmental works.
Later in the evening, PM is scheduled to hold a 16-kilometer-long roadshow in Daman.
A strong undersea earthquake early Tuesday sent streams of people fleeing to higher ground in eastern Indonesia before the tsunami danger passed.
The magnitude 7.1 earthquake was centered 170 kilometers (105 miles) southeast of Teluk Dalam, a coastal town in the South Nias regency of North Sumatra.
Residents in parts of West Sumatra province, including the provincial capital of Padang, felt the earthquake strongly for about 30 seconds.
Netflix will invest $2.5 billion in South Korean content over the next four years. South Korea's Oscar-winning film "Parasite" and the hit Netflix series “Squid Game" have won tremendous success.
Delivering a keynote address at the India-Latin America Business event, Jaishankar said, “As the 5th largest economy, our presence across the world is steadily growing. Transformation in manufacturing, infrastructure, innovation and startup culture within India are game changers".
The portals of Kedarnath in the Garhwal Himalayas are set to open for devotees but thousands of pilgrims en route to the temple have been stopped to proceed further due to bad weather conditions in the area, officials said.
The pilgrims have been asked to wait in Rishikesh, Gaurikund, Guptkashi, and Sonprayag till an improvement in the weather.
The doors of Kedarnath Dham opened to pilgrims on Tuesday morning amid the chanting of shlokas (hymns) and lusty drumbeats. The abode of Lord Shiva was decorated with 20 quintals of flowers.
However, the Uttarakhand government has stopped accepting registration applications from pilgrims for the Kedarnath Dham Yatra because of heavy snowfall on the pilgrimage route.
Drug maker Mankind Pharma will open for public subscription today. The 3-day initial public offering (IPO) will conclude on 27 April. The company's IPO is entirely an offer for sale (OFS) of 40,058,844 equity shares by promoters and other existing shareholders. Read more here
Kerala's first Vande Bharat Express is all set to launch today (25 April). PM Narendra Modi will flag off the new train. Kerala's Vande Bharat Express will cover 11 districts namely Thiruvananthapuram, Kollam, Kottayam, Ernakulam, Thrissur, Palakkad, Pathanamthitta, Malappuram, Kozhikode, Kannur and Kasargod. It is the 16th Vande Bharat Express train in the country. Read more here
Prime Minister Narendra Modi will inaugurate the Kochi Water Metro that will connect 10 islands, in and around the port city. The Kochi Water Metro project comprises 78 electric boats and 38 terminals. In the first phase, the KWM service will begin from the High Court-Vypin terminals and Vyttila-Kakkanad terminals. The minimum ticket rate for a boat journey is ₹20. Read more here
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