Business
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Indian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade. At around 9.32 am, Sensex was trading…
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iPhone shipments likely to begin in June from Foxconn’s Bengaluru unit
New Delhi: Taiwanese electronics manufacturing major Foxconn’s facility in Bengaluru is nearly ready for launch, with commercial iPhone shipments expected to begin as early as June, Karnataka Minister for Commerce and Industries,…
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India imposes port curbs on import of certain Bangladeshi goods
New Delhi: India on Saturday imposed port restrictions on the import of certain goods, such as readymade garments and processed food items, from Bangladesh. The Directorate General of Foreign Trade (DGFT), under…
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RBI imposes over Rs 1.66 lakh penalty on Union Bank of India
Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of more than Rs 1.66 lakh on Union Bank of India over discrepancies observed in soiled note remittance, the bank said…
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Indian startups raise $194 million this week
New Delhi: Indian startups collectively raised around $194.22 million this week across 28 deals. The funding spanned nine growth and late-stage rounds and 18 early-stage deals, with one startup choosing not to…
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We don’t comment on competitors: Air India on IndiGo-Turkish Airlines codesharing
New Delhi: Air India on Friday said it does not comment on competitors, as a media report claimed that it lobbied the government to cancel IndiGo’s lease with state-backed Turkish Airlines. In…
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Economists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26
Mumbai: Economists expect the Reserve Bank of India’s (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale…
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Indian stock market opens lower amid mixed global cues
Mumbai: The domestic benchmark indices opened lower on Friday amid mixed global cues as selling was seen in the IT, financial services and pharma sectors in the early trade. At around 9.29…
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India’s growth forecast revised down to 6.3% for 2025: UN
United Nations: India’s economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by…
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‘Can take care of itself’: Trump nudges Apple CEO to stop building in India
Doha: United States President Donald Trump, who is currently touring the Middle East, said he asked Apple CEO Tim Cook to “stop building in India” and that “India can take care of…
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Muthoot Finance shares declines over 7 pc amid RBI’s draft LTV guidelines
Mumbai: Shares of Muthoot Finance on Thursday slipped 7.25 per cent or Rs 163.90 to hit an intra-day low of Rs 2,096 on the national Stock Exchange (NSE) amid Reserve Bank of…
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Sensex, Nifty open lower on mixed global cues
Mumbai: The Indian equity indices opened in the red on Thursday as selling pressure was seen among heavyweights, like Power Grid, Kotak Mahindra Bank and Sun Pharma stocks. At 9:26 am, Sensex…
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India’s WPI inflation falls to 13-month low
New Delhi: India’s annual rate of inflation based on the Wholesale Price Index (WPI) slowed to a 13-month low of 0.85 per cent in April, down from 2.05 per cent in March…
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Real estate platform NoBroker clocks Rs 411 crore loss in FY24
New Delhi: Real estate platform NoBroker has reported a net loss of Rs 411 crore in the financial year ending March 2024 (FY24), even as its total expenses climbed to Rs 1,299…
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Rupee rises 31 paise to 85.05 against US dollar in early trade
Mumbai: The rupee appreciated 31 paise to 85.05 against the US dollar in early trade on Wednesday, supported by gains in domestic equities and positive macroeconomic data. Forex traders said a surge…
