Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Sensex trades lower amid weak global cues
Mumbai: Indian equity markets were trading in the red on Friday following weak cues from US markets. At 9:47 A.M., the Sensex was down 279 points or 0.34 per cent at 82,216…
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Rupee turns flat at 83.96 against US dollar in early trade
Mumbai: Rupee paused its slide and traded flat at 83.96 against the US dollar in early deals on Friday amid retreating crude oil prices and a weak American currency against major Asian…
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Sensex trades lower amid tension in Middle East
Mumbai: Indian equity indices were trading the deep red on Thursday following weak global cues amid escalating tension in the Middle East and worries over full-fledged war between Iran and Israel. At…
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Tesla sales jump in July-September, yet to disclose Cybertruck figures
San Francisco: Elon Musk-run Tesla on Wednesday reported the production of approximately 469,796 vehicles in its third quarter (July-September period), showing a jump of 9.1 per cent (year-on-year). The EV company said…
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India IPO boom: 15 companies file draft documents in a single day
New Delhi: As Indian stock markets continue to show robust growth despite global uncertainties, a record 15 companies registered their initial public offering (IPO) documents with the Securities and Exchange Board of…
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Former RBI Governor’s message to central bank on setting benchmark interest rates
New Delhi: Amid suggestions for excluding food inflation while setting benchmark interest rates, former RBI Governor Raghuram Rajan has said that he is against excluding food prices from headline inflation, as it…
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Sitharaman hails rise in credit-driven consumption in rural India
New Delhi: Finance Minister Nirmala Sitharaman has lauded the meteoric rise in credit-driven consumption in small cities and towns, calling it a “revolutionary shift” that has been made possible due to the…
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Gold prices declined by Rs 200 to Rs 78,100 per 10 grams
New Delhi: Gold prices declined by Rs 200 to Rs 78,100 per 10 grams, snapping a 10-day winning streak, in the national capital on Tuesday, according to the All India Sarafa Association.…
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Manufacturing industries clock 7.4 pc job growth in India, highest in over a decade
New Delhi: The total estimated employment in manufacturing industries showed a robust growth of 7.4 per cent in the fiscal 2022-23 over the previous year, according to the latest government data. The…
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Sensex, Nifty tumble in early trade
Mumbai: Benchmark indices declined in early trade on Monday amid foreign fund outflows and a largely weak Asian markets where the Japan’s Nikkei index tanked nearly 5 per cent. Markets were also…
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BharatPe settles Rs 88 cr fund misappropriation case with Ashneer Grover
New Delhi: After a long-standing and dramatic courtroom battle, BharatPe on Monday said it has arrived at an agreement with its former co-founder Ashneer Grover, who was charged, along with his family…
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Ahead of festive season, vegetable prices soar in Kolkata retail markets
Kolkata: The flood situation in West Bengal has pushed vegetable prices in the retail markets in Kolkata to skyrocket just before the forthcoming prolonged festive season in the state, starting with Durga…
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Nokia to help Vodafone Idea bolster its 4G and 5G network in India
New Delhi: Global technology company Nokia on Saturday announced it has been awarded a three-year deal by Vodafone Idea Limited (VIL) to deploy 4G and 5G equipment in India. The companies will…
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Indian hospitality sector’s revenue per available room to grow by 8-9% in FY25
New Delhi: The Indian hospitality sector is witnessing a boom and in FY25, the industry’s revenue per available room is estimated to grow by approximately 8-9 percent, a report showed on Friday,…
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Sensex, Nifty at new record highs
Mumbai: Benchmark indices Sensex and Nifty hit fresh all-time high levels on Friday amid heavy buying in IT stocks and a rally in global markets. Fresh foreign fund inflows also added to…
