Business
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India remains a compelling investment destination globally: Report
New Delhi: India remains a compelling investment destination worldwide, owing to stability, structural reforms and a resilient consumer base, leading global investment firm KKR has stressed. KKR, in its ‘2025 Mid-Year Global…
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Sensex, Nifty open in red as midcap, smallcap hold markets
Mumbai: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down…
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SEBI flags concerns over derivatives frenzy
Kolkata: SEBI on Thursday expressed concern over the growing dominance of ultra-short-term derivatives trading, cautioning that such trends could undermine the health of India’s capital markets, while contemplating steps to extend the…
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Rupee closes at 85.92, down 16 paise against dollar
Mumbai: The rupee declined 16 paise against the US dollar to close at 85.92 on Wednesday, as a strengthening American currency amid uncertainties over the India-US trade pact hit investor sentiment. However,…
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Meta CEO expected to testify in USD 8 bn Facebook privacy lawsuit
Washington: A USD 8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former — begins Wednesday, with claims stemming from the privacy scandal involving…
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SBI sets floor price at Rs 811.05 for its Rs 20,000 crore bonds
New Delhi: State Bank of India (SBI), the country’s largest public sector lender, on Wednesday set the floor price at Rs 811.05 per equity share for its Rs 20,000 crore bonds. The…
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TCS employees to get 100 pc variable pay for April–June quarter
In good news for TCS (Tata Consultancy Services) employees, the corporate giant has announced a 100 percent quarterly variable pay for more than 70 percent of its employees for the April-June period.…
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Sensex, Nifty open in red amid mixed global cues
Mumbai: The Indian equity indices opened in the red on Wednesday due to mixed cues from global markets. At 9:26 am, Sensex was down 141 points or 0.17 per cent at 82,429…
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Rupee rises 16 paise to 83.76 against US dollar
Mumbai: The rupee appreciated 16 paise to close at 85.76 against the US dollar, tracking a weak greenback in the overseas market and a decline in global crude oil prices. However, foreign…
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Trump’s 30 pc tariffs is unacceptable: EU trade ministers
Brussels: EU trade ministers have agreed that US President Donald Trump’s announcement of 30 per cent tariffs on the European Union was “absolutely unacceptable”, and they are studying a new set of…
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BSE building in Mumbai gets bomb threat
Mumbai: The iconic Bombay Stock Exchange (BSE) building in south Mumbai received a bomb threat email, which turned out to a hoax after a search of the premises, police said on Tuesday.…
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Sensex, Nifty open in green amid positive domestic cues
Mumbai: The Indian equity indices opened in the green due to positive domestic cues like further softening of inflation, as Asian cues in the morning trade were largely positive. At 9.24 am,…
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Tesla Model Y car price in India officially announced
Tesla has finally revealed the price of its Model Y electric car in India. The starting on-road price for the Rear-Wheel Drive (RWD) variant is over Rs 59 lakh. Prices of Tesla…
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Rupee falls 12 paise against US dollar
Mumbai: The rupee depreciated 12 paise to close at 85.92 against the US dollar on Monday due to a rise in global crude oil prices and a strengthening greenback against major currencies…
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NSE ranks 4th globally in IPO fundraising in H1 2025
Mumbai: The National Stock Exchange (NSE) has emerged as the fourth-largest exchange in the world in terms of IPO fundraising during the first half of calendar year 2025, a new report said…
