Business
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Rupee edges up 2 paise to 82.84 against US dollar in early trade
Mumbai: The rupee appreciated by 2 paise to trade at 82.84 against the US dollar in the opening session on Monday following foreign fund inflows. An uptick in crude oil prices and…
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Midcap and small cap funds accounted for 87 pc of flows in FY24
New Delhi: Mid and small cap funds accounted for 59 per cent of assets under management (AUM) and 87 per cent of flows in FY24, global brokerage firm Jefferies said. Midcap and…
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Adani Group to invest Rs 1.2 lakh crore in FY25 in next phase of growth
New Delhi: In a bid to set the stage for the next phase of exponential growth, the Adani Group is aiming to invest about $14 billion (nearly Rs 1.2 lakh crore) across…
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Foreign portfolio investors turn big buyers in March
New Delhi: The trend of rising foreign portfolio investment in India witnessed in the first week of March continued in the second week, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial…
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India’s gaming sector set to grow rapidly due to friendly govt strategy: Gamezop CEO
New Delhi: As the government has undertaken numerous initiatives to promote the growth of the gaming industry, smartphone gaming platform Gamezop CEO & Co-founder Yashash Agarwal on Saturday said the gaming sector…
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India vs AI risks: Breather for big digital platforms, albeit with a rider
New Delhi: In a breather for big social media subsidiaries and internet platforms, the government has said that they no longer require approval before launching or deploying their AI models in the…
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India’s forex reserves scale two-year high of $636.1 billion
Mumbai: India’s foreign exchange reserves surged by a whopping $10.47 billion to scale a two-year high of $636.1 billion for the week ended March 8, the latest data released by the RBI…
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Govt approves 17% wage hike for 1.10 lakh employees of LIC
New Delhi: The government has approved a 17 per cent overall hike in wages for more than 1.10 lakh employees of insurance giant Life Insurance Corporation of India (LIC). The wage hike…
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CCI orders probe into Google’s app store billing practices
New Delhi: The Competition Commission of India on Friday ordered an investigation into Alphabet’s Google, accusing the tech giant of exploiting its dominant position in the country’s online market. The CCI, in…
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Gadkari approves Rs 421 crore Gauripur bypass project in Assam
New Delhi: Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced an allocation of Rs 421.15 crore has been approved for the construction of a 4-lane Gauripur Bypass along…
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Paytm Payments Bank ban: Key changes come into effect post March 15
New Delhi: As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that…
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Markets trade lower on weak global market trends, foreign fund outflows
Mumbai, Mar 15 (PTI) Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a…
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Rupee falls 12 paise to 82.96 against US dollar in early trade
Mumbai: The rupee depreciated 12 paise to 82.96 against the US dollar in early trade on Friday, weighed down by a strong American currency and a negative trend in domestic equities. Forex…
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NPCI allows Paytm to continue UPI operation via SBI, 3 other banks
Mumbai: Ensuring continuity in payment operations by Paytm users, the National Payments Corporation of India (NPCI) on Thursday allowed the company to continue UPI transactions through four banks — SBI, Axis Bank,…
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Completion of projects hallmark of PM Modi’s development model: Sitharaman
Guwahati: Completion of projects after laying foundation is the hallmark of Prime Minister Narendra Modi’s development model, Union minister Nirmala Sitharaman said here on Thursday. Sitharaman, the Union Finance Minister, claimed that…
