Business
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Explained: Why the UAE is leaving OPEC after nearly 59 years
Abu Dhabi: The United Arab Emirates (UAE) will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance from Friday, May 1, ending almost 59 years of…
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Flood or earthquake hit your area? Your bank will now help automatically
Hyderabad: If a flood, earthquake or any other natural disaster strikes your area, your bank will now be able to automatically offer you loan relief – without you having to ask for…
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Global gold demand rises 2 pc in Jan-Mar quarter: WGC
Mumbai: Global gold demand rose a modest 2 per cent year-on-year to 1,231 tonnes in the January-March quarter, driven by a sharp 42 per cent surge in bar and coin investment to…
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Sensex, Nifty gain in early trade despite geopolitical tensions, rising oil prices
Mumbai: Domestic equity markets traded higher on Wednesday, April 29, despite a rise in crude oil prices and reports that the United States may extend its blockade of Iranian ports. Sensex traded…
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UAE says it will leave OPEC effective May 1
Dubai: The United Arab Emirates announced Tuesday that it will leave the oil cartel OPEC and its wider OPEC+ group effective May 1, a move rumoured for some time as the Emirates…
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Elections winding down, oil at USD 120: Is India going to increase fuel prices?
Hyderabad: The government has said it clearly and more than once that there is no plan to raise petrol or diesel prices. But with Assembly elections in West Bengal, Tamil Nadu, Assam, Kerala…
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Indian airlines warn of shutdown risk amid soaring ATF costs, seek urgent govt relief
Mumbai: Air India, IndiGo and SpiceJet have told the government that the country’s airline industry is under extreme stress and on the verge of “stopping operations”, as they sought revision in ATF…
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Elon Musk, Sam Altman move court in high-stakes showdown over AI
Oakland: Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared…
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Andhra CM Naidu lays foundation for USD 15 billion Google data centre near Vizag
Tarluvada: Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday, April 28, laid the foundation for a USD 15 billion Google Artificial Intelligence data centre near Visakhapatnam and said it will be…
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Explained: Why is Hyderabad facing a fuel shortage again?
Hyderabad: Long queues formed outside petrol pumps across Hyderabad on Monday, April 27, with several stations running dry. But according to the Telangana Civil Supplies Department, the state has no actual fuel shortage.…
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Hyderabad: Sigma Advanced Systems inks Rs 3,800 cr agreement with Rolls-Royce
Hyderabad: Hyderabad-based Sigma Advanced Systems on Monday, April 27, said it has signed a seven-year long-term agreement with Rolls-Royce, valued at Rs 3,800 crore to manufacture and supply aerospace systems. Under the…
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Paradise Biryani to raise Rs 100 crore for pan-India push, targets 160 outlets
Hyderabad: Paradise Biryani, the iconic Hyderabad-based restaurant chain, is in the process of raising approximately Rs 100 crore to fund an aggressive pan-India expansion, with plans to nearly triple its current outlet count…
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Affordable home sales down 23 pc in Q1 2026 in top 8 cities, including Hyderabad
Hyderabad: Sales of affordable homes, costing less than Rs 50 lakh each, fell 23 per cent on-year in January-March to 16,273 units across eight major cities, including Hyderabad, mainly due to lower fresh…
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Andhra Pradesh CM gets ‘Business Reformer of the Year’ award
Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu said he humbly accepted the “ Business Reformer of the Year” award conferred by a media house. The CM said the recognition reflects Andhra Pradesh’s…
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Telangana to implement revised land market values from May: Deputy CM
Hyderabad: Telangana Deputy Chief Minister Mallu Bhatti Vikramarka on Friday, April 24, said the government’s Hyderabad Industrial Lands Transformation (HILT) policy will be implemented democratically, assuring industrialists that no one will be put…
