Business
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Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points
Mumbai: Benchmark equity indices Sensex and Nifty retreated from their record peaks and traded lower in early trade on Friday as investors turned cautious ahead of RBI’s interest rate decision, amid muted…
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Income Tax Dept throws open e-portal for filing ITRs
New Delhi: Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24)…
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Centre Court Capital launches Rs 350 cr gaming, sports tech fund
New Delhi: Venture capital (VC) firm Centre Court Capital (CCC) on Thursday launched a Rs 350 crore fund to revolutionise the country’s sports and gaming landscape. According to the company, the fund…
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Markets rebound in early trade; Sensex, Nifty hit fresh peaks
Mumbai: Benchmark equity indices rebounded after two consecutive days of fall on Thursday with Sensex and Nifty touching their all-time high levels as investors rushed to value-buying in bellwether stocks ahead of…
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Tesla to search for sites in India to set up $2-3 billion EV plant: Report
New Delhi: After the Prime Minister Narendra Modi-led government approved a new electric vehicle (EV) policy to attract investments in the EV space by global manufacturers, Tesla is reportedly sending a team…
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Rupee falls 11 paise against US dollar
Mumbai: The rupee depreciated 11 paise to close at 83.53 against the US dollar on Wednesday, as persistent foreign capital outflows and risk-averse sentiment among investors weighed on the local unit. A…
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Govt allows additional 10,000 tonnes of onion exports to UAE
New Delhi: The government has allowed the export of an additional 10,000 tonnes of onion to the UAE, through the National Cooperative Exports Ltd (NCEL), as a friendly gesture at a time…
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Tesla overtakes Mercedes-Benz as 2nd largest seller of imported cars in March
Seoul: Elon Musk-run Tesla overtook Mercedes-Benz as the second-largest seller of imported vehicles in South Korea last month, industry data showed on Wednesday. The number of newly registered imported cars came to…
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GenAI startup Vodex raises $2 mn to scale global expansion
New Delhi: Homegrown GenAI startup Vodex on Wednesday said it has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. The funds raised will be used for…
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Indian firms leading APAC markets when it comes to AI/ML usage: Report
New Delhi: Indian enterprises are leading Asia-Pacific (APAC) markets when it comes to Artificial Intelligence (AI) and Machine Learning (ML) usage, a new report revealed on Wednesday. According to the cloud security…
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HCLTech, Google Cloud launch initiative to scale ‘Gemini’ to global firms
New Delhi: HCLTech on Wednesday announced an expanded partnership with Google Cloud to create industry solutions and drive business value with the tech giant’s multimodal large language Artificial Intelligence (AI) model ‘Gemini’.…
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UPI transactions volume surge 56 pc, average ticket size drops 8 pc: Report
New Delhi: The number of Unified Payments Interface (UPI) transactions witnessed a staggering growth at 56 per cent (year-on-year) in the second half of last year (H2 2023), with the volume being…
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SEBI should not become another SBI, ‘too scared to touch the sacred’: Congress
New Delhi: The Congress on Wednesday hoped that the SEBI tasked with probing charges of alleged stock manipulation by the Adani Group would not seek further extension for presenting its report in…
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World Bank raises India’s GDP growth forecast to 7.5 pc for 2023-24
New Delhi: The Indian economy is projected to grow at 7.5 percent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 percent. The World…
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Markets fall in early trade amid negative global trends
Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday amid weak global trends, higher crude oil prices, and outflow of foreign funds. The 30-share BSE Sensex declined 281.18…
