Business
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Rupee falls 29 paise to 73.64 against USD amid rise in its demand
Mumbai: The rupee depreciated 29 paise to 73.64 against the US dollar in opening deals on Tuesday amid the rise in demand for the American currency from banks and importers. Forex traders said…
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GDP figures need to alarm everyone, says Raghuram Rajan
Hyderabad: The 23.9 per cent contraction in the recently released GDP figures must ‘alarm us all’, said former Reserve Bank of India Governor Raghuram Rajan. In his LinkedIn post, he also warned…
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Gold rises Rs 258, silver gains Rs 837
New Delhi: Gold prices on Monday rose Rs 258 to Rs 51,877 per 10 grams in the national capital supported by rupee depreciation, according to HDFC Securities. The precious metal had closed at…
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US-based company invests 180 Cr for producing tin stabilizers
Mumbai: US-based Galata Chemicals, a leading global producer of plastic additives, has earmarked over INR 180 Crs, as an investment towards the plant, which is spread over 64 acres for its newest Tin…
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Sensex ends 60 pts higher, Nifty above 11,350
Mumbai: Domestic equity benchmark Sensex ended 60 points higher after a volatile session on Monday amid mixed cues from global markets. After swinging 459.18 points during the day, the 30-share BSE index settled…
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Rupee settles 21 paise lower at 73.35 against US dollar
Mumbai: The rupee depreciated 21 paise to 73.35 (provisional) against the US dollar on Monday as strengthening American currency and muted domestic equities weighed on the local currency. At the interbank forex market,…
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Diesel prices steady across metros on Sunday
New Delhi, Sep 6 : Diesel prices remained unchanged across the four metros on Sunday with the fuel being priced at Rs 73.27 per litre in the national capital. In Mumbai, Chennai…
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Diesel price cut for first time in 6 months; petrol unchanged
New Delhi: Diesel price on Thursday was cut for the first time in close to six months after state-owned fuel retailers reduced retail selling rate by 16 paise per litre. Diesel now costs…
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Gold plunges Rs 774 tracking tepid global cues
New Delhi: Gold prices on Thursday plunged Rs 774 to Rs 51,755 per 10 gram in the national capital following a decline in global prices, according to HDFC Securities. The yellow metal had…
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Sensex, Nifty start on a cautious note amid tepid global cues
Mumbai: Domestic equity benchmarks Sensex and Nifty turned cautious in early trade on Thursday amid lack of directional cues from global markets. After opening 150.33 points higher, the BSE Sensex pared most gains…
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Gold declines Rs 614, silver tanks Rs 1,799
New Delhi: Gold prices in the national capital declined Rs 614 to Rs 52,314 per 10 gram on Wednesday tracking weakness in the international market, according to HDFC Securities. In the previous trade,…
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Telsa plans to sell $5 billion stock
California: Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors.…
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Global shares mostly higher, cheered by US economic data
Tokyo: Global shares were mostly higher Wednesday as investors were encouraged by positive U.S. economic data, even while the coronavirus pandemic has regions around the world battling recessions. France’s CAC 40 added 1.7…
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Sensex ends 185 pts higher; Nifty tops 11,500
Mumbai: The BSE Sensex jumped 185 points on Wednesday, tracking gains in Reliance Industries, M&M and Infosys amid a largely positive trend in global markets and sustained foreign fund inflows. After starting on…
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The New Rolls-Royce Ghost
The new Rolls-Royce Ghost embodies what the brand has described as ‘post-opulence.’ The concept reflects the minimalist philosophy that underpins the New Ghost. The most technologically advanced Rolls-Royce yet succeeds the most…
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Rupee settles at 72.87 against US dollar
Mumbai: The rupee strengthened 73 paise and crossed the crucial 73-mark against the US dollar on Tuesday supported by a weak American currency and positive domestic equities. Forex traders said the domestic unit…
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Sensex up 140 points, Nifty above 11,400
Mumbai, Sep 1 : The key Indian equity indices opened on a positive note on Tuesday, with the Sensex trading over 140 points higher. Healthy buying was witnessed on telecom and auto…
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COVID shrinks India’s GDP by 23.9 per cent
New Delhi: India’s GDP shrank by the steepest ever 23.9 per cent in the April-June period as the coronavirus lockdowns battered an already slowing economy, official data showed on Monday. Agriculture was the…
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Rs 3 lakh crore shortfall in GST revenues, Centre mulls borrowing
New Delhi: An estimated Rs 3-lakh-crore shortfall was seen in the revenue generated from goods and services tax collections. The Centre and states last week converged on the need to borrow more funds…
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Sensex crashes 839 pts as China border tensions flare-up
Mumbai: Snapping its six-session winning run, the BSE benchmark Sensex plummeted 839 points on Monday as fresh India-China border tensions triggered a broad-based selloff in domestic equities. Profit-booking at higher levels and weak…
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Sensex surges over 500 points to cross 40,000 mark
Mumbai, Aug 31 : The BSE Sensex surged 542 points during the initial trade on Monday to cross the 40,000 mark. It has, however, retreated from the day’s high of 40,010.17 points.…
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Markets to continue uptrend till blow-off happens
The week has gone by began with a bang and markets gained on all five trading days. The BSE SENSEX gained 1,032.59 points or 2.69 per cent to close at 39,467.31 points.…
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Ambani’s Reliance takes over Future Group for Rs 24,713 cr
New Delhi: Billionaire Mukesh Ambani’s Reliance Industries on Saturday announced acquisition of Future Group for Rs 24,713 crore to bolster its fast growing retail business. “Reliance Retail Ventures Ltd (RRVL), subsidiary of…
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BS6 BMW G310R, G310GS bookings open
Gurugram: BMW Motorrad India will open pre-launch bookings for the new BMW G 310 R and BMW G 310 GS the two most extensive selling premium motorcycles from the BMW Motorrad stable…
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Mercedes gets big electric van order from Amazon
Berlin: Amazon says it’s buying 1,800 electric delivery vans from Mercedes-Benz, the biggest such order for the German automaker to date. In announcing the order on Friday, Mercedes said it would also join…
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Walmart teams up with Microsoft for a deal to acquire TikTok
Washington: US retail giant Walmart has confirmed on Thursday (August 27) that it is teaming with Microsoft to strike a deal in acquiring TikTok’s US operations from Chinese owner ByteDance. TikTok has…
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China blocks imports from Australian beef producer
Beijing: China blocked imports from an Australian beef producer on Friday after reporting a banned drug was found in its meat, and Australian officials said they were working to resolve the problem. Imports…
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Sensex rises over 200 pts in early trade; Nifty above 11,600
Mumbai: The BSE benchmark Sensex jumped over 200 points in early trade on Friday led by gains in index-heavyweights ICICI Bank, Axis Bank and Reliance Industries amid persistent foreign fund inflow and positive…
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Sensex up 200 points; finance, healthcare stocks rise
Mumbai, Aug 27 : The key Indian equity indices traded on a positive note on Thursday morning, with the BSE Sensex rising over 200 points. Healthy buying was witnessed in finance, banking…
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Sensex jumps over 200 pts in early trade; Nifty tops 11,600
Mumbai: The BSE benchmark Sensex jumped over 200 points in early trade on Thursday tracking gains in financial stocks and persistent foreign fund inflow ahead of the expiry of monthly derivative contracts. After…
