Business
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India could be world’s 3rd largest economy by 2027 with nominal GDP of $5tn
New Delhi: India’s importance as a global growth driver will increase with its share of world growth contribution rising from 10 percent in 2021 to 15 percent in 2022, and further to…
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Markets continue to climb; Sensex gains 471 points in early trade
Mumbai: Equity benchmark indices continued to rally for the third straight session on Monday amid favourable trends in global markets. The 30-share BSE Sensex jumped 471.45 points to 64,835.23 points in early…
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Musk starts improved X customer service for premium users
San Francisco: Elon Musk on Monday announced that premium verified users can now send a direct message (DM) to the platform for support. However, the response time will vary from X customer…
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NFT marketplace OpenSea lays off 50 per cent of its workforce
San Francisco: Non-fungible token (NFT) marketplace startup OpenSea, valued at $13.3 billion last year, has laid off about half of its workforce as part of “significant organisational and operating changes”. A company…
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Zuckerberg undergoes surgery for ligament injury during MMA training
San Francisco: The much-awaited cage fight between Elon Musk and Mark Zuckerberg may not happen very soon as the Meta founder has injured himself while training and underwent a surgery. In a…
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Google ends $15 bn deal with lead developer for US campuses projects
San Francisco: Google has ended its $15 billion deal agreement with Lendlease, the developer the company had been working with on major campus projects in the Silicon Valley. Lendlease said in a…
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Indian markets witness resurgence as investors’ anxiety drops
Mumbai: The Indian market is resurging amid a drop in investors’ anxiety as Nifty VIX contracts generously, Vinod Nair, Head of Research at Geojit Financial Services, said on Friday. The optimism is…
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Rupee settles 2 paise higher at 83.20 against US dollar
Mumbai: The rupee settled 2 paise higher at 83.20 against the US dollar on Friday, tracking major Asian currencies amid a weak greenback and softening crude oil prices. A positive trend in…
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India’s forex reserves rise by $2.6 billion
Mumbai: India’s foreign exchange reserves increased by $2.579 billion to $586.111 billion during the week ended October 27, the RBI said on Friday. The country’s foreign exchange reserves had fallen by $2.36…
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SC permits Unitech to start construction, issues directions to home buyers
New Delhi: The Supreme Court on Friday permitted the new Unitech management to start construction activities by allowing the management to award 49 contracts as recommended by former SC judge A.M. Sapre.…
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New WhatsApp spy mod attacks Telegram users over 340K times in Oct: Report
New Delhi: Cybersecurity researchers have discovered a new malicious “WhatsApp spy mod”, which has attacked messaging platform Telegram users more than 340,000 times in October alone, a new report said on Friday.…
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After UK, India summit to pave the way for global framework on AI risks: MoS IT
New Delhi: After the successful AI Safety Summit in the UK, the Global Partnership on Artificial Intelligence (GPAI) in New Delhi next month will further deliberate upon the risks associated with artificial…
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New API lets brands create FB Stories directly from 3rd-party desktop, web apps
New Delhi: Meta has introduced a new “Facebook Stories API” (Application Programming Interface), which will allow developers, creators, and brands to create and share a Facebook Story directly from a third-party desktop…
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Amazon to close 2 clothing stores just 17 months after opening 1st outlet
San Francisco: Amazon has confirmed to close its two “Amazon Style clothing stores” in the US just 17 months after opening the first outlet, marking the latest shift in its physical retail…
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Zomato logs Rs 36 cr net profit in Q2, sales up 71% to Rs 2,848 cr
New Delhi: Online food delivery platform Zomato said on Friday that it registered Rs 36 crore as profit after tax (PAT) in the quarter ending September 30, as its revenues surged 71…
