Business
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Apple appoints Amar Subramanya as vice president of AI
Cupertino: Apple has announced to appoint renowned AI researcher Amar Subramanya as vice president of AI, reporting to Craig Federighi. The company said that John Giannandrea, Apple’s senior vice president for Machine…
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UK and US agree zero-tariff deal on pharmaceuticals
London: The UK has secured a 0 per cent tariff rate for all UK medicines exported to the US for at least three years, officials have said, in return for the UK…
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GST collections slip on rate cuts to Rs 1.7 lakh cr in November
New Delhi: India’s Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November, growing at a meagre 0.7 per cent year-on-year on a base lowered…
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Amazon Now plans to open 2 new dark stores a day, targets over 300 by year end
New Delhi: E-commerce firm Amazon plans to be aggressive in the quick-commerce business, Amazon Now, with plans to open two new dark stores every day and take the total count to over…
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Telangana CM urges HUDCO to grant loans at low interest rates
Hyderabad: Telangana chief minister A Revanth Reddy on Monday, December 1 urged the Housing and Urban Development Corporation Limited(HUDCO) chairman Sanjay Kulshrestha, to provide loans at lower interest rates for the prestigious…
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Silver futures hit record high on weak dollar, Fed rate cut hopes
New Delhi: Silver futures surged by Rs 3,668 to a fresh record high of Rs 1,78,649 per kilogram while gold prices climbed to Rs 1,30,550 per 10 grams in the domestic markets…
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UPI transactions grow 32 pc in Nov as consumption remains robust
New Delhi: The unified payments interface (UPI) saw 32 per cent transaction count growth (year-on-year) at 20.47 billion in the month of November — along with registering 22 per cent annual growth…
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RBI may cut interest rate by 25 bps on Friday
Mumbai: The RBI may trim the benchmark lending rate by 25 bps in its forthcoming monetary policy meeting, as inflationary pressures are subdued, though some experts believe the central bank is likely…
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IPO pipeline swells; 2 dozen companies line up Rs 40,000-cr public offers in Dec-Jan
New Delhi: The IPO momentum shows no signs of slowing, with another two dozen companies, including ICICI Prudential AMC, Meesho and Juniper Green Energy, preparing to launch their public issues that could…
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Govt orders WhatsApp, Telegram, other apps to block access without active SIM
New Delhi: The Indian government has issued a major directive that could change how millions of people use popular messaging apps such as WhatsApp, Telegram, Signal, Snapchat, ShareChat, JioChat, Arattai, and Josh.…
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Govt polices effective in accelerating GDP growth: Experts
New Delhi: Experts on Friday lauded India’s robust economic growth in Q2 FY26, saying that the government polices — envisioned by Prime Minister Narendra Modi and his team — have been effective…
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RBI issues 7 new master directions on digital banking
Mumbai: The Reserve Bank on Friday issued seven new master directions on digital banking channels authorisation for regulated entities, including commercial banks and small finance banks. This is part of a massive…
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Rupee falls 9 paise to settle at 89.45 against US dollar
Mumbai: The rupee dropped 9 paise to settle at 89.45 against the US dollar on Friday, tracking a strong greenback and a rise in international crude oil prices. According to forex traders,…
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Nifty hits record high after 14 months; Sensex nears all-time peak
Mumbai: Stock market benchmark indices extended their previous day’s rally in early trade on Thursday, with the Nifty hitting its fresh record high amid favourable global trends on growing hopes of a…
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Sebi mulls relaxed framework for issuing duplicate securities certificates
New Delhi: In a bid to ease investor compliance and eliminate inconsistencies in documentation, Sebi has proposed doubling the monetary threshold for simplified documentation required to issue duplicate securities to Rs 10…
