Business
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Indian IT faces heat as US hikes H-1B visa fee to USD 100,000
New Delhi: The USD 100,000 annual fee imposed by the US on H-1B visas will escalate costs and erode competitiveness for heavy H-1B users and may potentially disrupt business models and revenue…
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UAE firms keen to invest in Indian infra, banking, startups, logistics sectors: Goyal
Dubai: The UAE companies are looking at multiple sectors, such as infrastructure, data centres, banking, startups and logistics, in India to increase their investments, Commerce and Industry Minister Piyush Goyal said on…
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Rupee falls 7 paise to 88.27 against US dollar in early trade
Mumbai: The rupee witnessed range-bound trading in morning deals on Friday and depreciated 7 paise to 88.27 against the US dollar, dragged lower by broad dollar strength and a negative trend in…
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Sensex, Nifty open marginally lower amid mixed global cues
Mumbai: The Indian benchmark indices opened marginally lower on Friday, with IT stocks leading the losses in early trade. As of 9.26 am, Sensex was down 241 points or 0.29 per cent…
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GST rate cuts affect Centre and states equally: Sitharaman
Kolkata: Union Finance Minister Nirmala Sitharaman on Thursday made it clear that the Centre was not considering any compensation to states for potential revenue loss arising from the latest Goods and Services…
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SEBI gives Adani clean chit on Hindenburg allegations
New Delhi: Markets regulator Sebi on Thursday cleared billionaire Gautam Adani and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying it found no evidence that the conglomerate…
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EU unveils new strategic agenda to significantly expand ties with India
New Delhi: The European Union (EU) on Wednesday unveiled a new strategic agenda to significantly ramp up its engagement with India in a range of key areas such as defence, trade and…
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Air-conditioner makers start pre-booking of units with reduced GST slab
New Delhi: Several room air-conditioner makers and dealers have started pre-booking of units with reduced prices, anticipating a pent-up demand as lower GST rates take effect next week, and are quite buoyed…
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Ben & Jerry’s co-founder quits over loss of independence under unileve
New York: Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years, saying that the independence it once had to speak up on social issues has been…
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GST reforms to inject Rs 2 lakh crore into economy, says Nirmala Sitharaman
Visakhapatnam: Union Finance Minister Nirmala Sitharaman on Wednesday said the next generation GST reforms will infuse Rs 2 lakh crore into the economy, leaving people with more cash in hand that otherwise…
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Crude oil futures ease amid weak spot demand
New Delhi: Crude oil futures on Wednesday fell Rs 37 to Rs 5,644 per barrel, as participants trimmed their positions, tracking weak demand in the spot market. On the Multi-Commodity Exchange, crude…
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Asian markets mixed following Wall Street’s retreat from records
Tokyo: Asian shares traded mixed Wednesday after US stocks edged down from record highs and as market focus turned to expectations for the Federal Reserve’s first interest rate cut of the year.…
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Journalist challenges order restraining reports on Adani Enterprises
New Delhi: Journalist Paranjoy Guha Thakurta has filed an appeal in a Delhi district court against a civil court’s order restraining him from publishing or circulating allegedly unverified and defamatory content against…
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Google lays off 200 plus contractors working on AI projects
New Delhi: Tech giant Google has reportedly laid off more than 200 contractors working on its artificial intelligence projects, including Gemini and AI Overviews. The move has raised concerns over job security,…
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Indian stock markets rebound in initial trade
Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Tuesday amid hopes of progress in the India-US bilateral trade talks. A day-long talk on the India-US bilateral trade deal…
