Business
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee witnessed range-bound trading in initial deals against the US dollar on Monday, as the support from fresh foreign fund inflows was negated by a negative trend in domestic equities. Forex…
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TEPA: Norway to eliminate customs duties for almost 98 pc of imports from India
New Delhi: Shortly after New Delhi inked a USD 100 billion free trade pact with a four-member European bloc, Norway on Sunday said it will eliminate customs duties for almost 98 per…
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India, EFTA ink free trade agreement; USD 100 bn investment target in next 15 yrs
New Delhi: India and the four-nation European bloc EFTA on Sunday signed a free trade agreement under which New Delhi has received an investment commitment of USD 100 billion in the next…
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Byju’s manages to pay some portion of salaries for 20,000 employees
New Delhi: Embattled edtech company Byju’s on Sunday announced that it has disbursed a portion of the pending salaries for over 20,000 employees for the month of February. The company has also…
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FPIs turning steady buyers in March
New Delhi: Chief Investment Strategist, Geojit Financial Services, V K Vijayakumar on Saturday said that FPIs are turning steady buyers in India as evidenced by the net buying of equity worth Rs…
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27 Indian startups raise $308 million in funding this week
New Delhi: At least 27 startups in India raised about $307.8 million this week, which includes 17 early-stage and seven growth-stage companies. Nearly 32 early and growth-stage startups raised more than $384…
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Smartphones’ effect on kids under 10 go beyond eyes, say doctors
New Delhi: Smartphone addiction among children under the age of 10, is known to be detrimental for the eyes. However, doctors on Saturday warned that spending excessive time on the device may…
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Byju’s likely to miss March 10 salary deadline for 20,000 employees as funds remain stuck
New Delhi: Embattled edtech company Byju’s is likely to miss the March 10 deadline to pay salaries for the month of February to its more than 20,000 employees as funds raised via…
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IT Minister Ashwini Vaishnaw to launch India’s fastest, homegrown router
New Delhi: Union IT and Telecom Minister, Ashwini Vaishnaw, is set to launch India’s fastest and indigenously-designed IP/MPLS (Multiprotocol Label Switching) router in Bengaluru on Saturday. MPLS is a routing technique in…
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Navana.ai launches ‘Bodhi’ multilingual voice model as India bets big on AI
New Delhi: As the government doubles down on AI with IndiaAI Mission, homegrown startup Navana.ai on Friday announced ‘Bodhi’, its second-generation multilingual Voice AI model that is available in more than 11…
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61 pc Indian women see housing as investment asset class: Report
New Delhi: About 61 per cent of Indian women see housing as the preferred investment asset class, while nearly 16 per cent prefer the stock market, and 14 per cent pick gold,…
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India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs
New Delhi: India is close to achieving the target of Rs 20 lakh crore worth mobile phone production in the last 10 years, while crossing Rs 1.20 lakh crore worth phone exports…
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Antitrust regulator to penalise Zuckerberg-run Meta in S. Korea
Seoul: South Korea’s antitrust watchdog has taken steps to penalise Meta Platforms for allegedly failing to protect local consumers on its e-commerce platforms of Facebook and Instagram, sources said on Friday. The…
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‘Make in India’ helped us become 2nd largest audio brand globally: boAt’s Aman Gupta
New Delhi: Aman Gupta, co-founder of homegrown wearable and audio brand boAT, on Friday said that with the help of initiatives like ‘Make in India’, they have become the the second largest…
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Saudi Crown Prince announces transfer of 8% Aramco shares to PIF firms
Riyadh: The Kingdom of Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud on Thursday, March 7, announced the transfer of 8 percent of Aramco shares to companies fully owned by…