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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Global rally in equities showing no signs of exhaustion
New Delhi: Global bull run in equities led by the US market is showing no signs of exhaustion, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. In the US, the…
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Sensex, Nifty advance in early trade on positive global cues
Mumbai: Key equity indices rose in early trade on Friday as Sensex advanced nearly 100 points amid a global rally in stocks boosting investor sentiments. The 30-share Sensex climbed 99.44 points or…
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India’s DPI holds incredible promise, says Uber CEO as company partners ONDC
Bengaluru: Ride-hailing major Uber on Thursday signed an agreement with the government’s e-commerce platform Open Network for Digital Commerce (ONDC) to explore an integration with the network to expand the range of…
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57% Indian consumers prefer AI-enabled tools over human interactions: Report
New Delhi: In the rapidly growing landscape of consumer preferences, about 57 per cent of Indian consumers said they would choose an artificial intelligence (AI)-enabled tool or service over human interaction, far…
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Robotic surgery devices market to hit $10 bn in 2024: Report
New Delhi: Robotic surgery and devices is expected to experience unprecedented growth in 2024, driven by a surge in demand for minimally invasive procedures and advancements in robotic technologies, according to a…
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Meta expands Instagram’s creator marketplace to new markets, including India
New Delhi: Meta (formerly Facebook) on Thursday said that it is expanding Instagram’s creator marketplace to eight new markets, including India, to help more brands and creators work together on partnerships. The…
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SBI approves Rs 110 crore loan to AMSL for new project in Telangana
New Delhi: Infrastructure solutions provider AMSL on Thursday said SBI has sanctioned a loan of Rs 110 crore for the company’s new project in Hyderabad. On Tuesday, Apollo Micro Systems Ltd (AMSL)…
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India’s market capitalisation will likely touch $10 trillion by 2030
New Delhi: India’s market cap is currently the 5th largest globally (US $4.5 trillion) but its weight in global indices is still low at 1.6% (10th rank), foreign brokerage, Jefferies said in…
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Sensex, Nifty witness volatile trends in early trade
Mumbai: Equity benchmark indices Sensex and Nifty witnessed a volatile movement in early trade on Thursday, amid mixed trends in the global markets. After opening on a sluggish note, Sensex turned positive…
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Byju’s rights issue to raise $200 mn fully subscribed
New Delhi: Edtech firm Byju’s rights issue to raise $200 million at a 99 per cent valuation cut has been fully subscribed. In a shareholders’ letter accessed by IANS, founder and CEO…
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DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030
New Delhi: Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion…
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India to lead global chip value chain with friendly govt policies: US report
New Delhi: Global competition for chip investment is fierce and India is set to expand its role in the semiconductor value chain with supportive government policies, a pilot visa programme and an…
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Salaries in India to increase by 9.5% in 2024; infra, manufacturing sectors lead
New Delhi: Salaries in India are expected to increase by 9.5 per cent this year as industries such as infrastructure and manufacturing continue to project robust growth, a report showed on Wednesday.…
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Apple grabs top 7 spots in 10 best-selling smartphones globally
New Delhi: Apple has captured top seven positions in the global list of 10 best-selling smartphones in 2023 for the first time, a report showed on Wednesday, as India became the fifth…
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‘Money mule’ bank accounts on the rise in India: Report
New Delhi: Banks in India need to bolster their fraud defences as the number of mule accounts surge and third-party account takeover fraud (55 per cent of all frauds in the country)…
