Business
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RBI fighting a lost INR battle, say analysts
New Delhi: A stronger USD would imply higher global inflation exported by the US, lower global trade, cry for reverse FX wars, and pressure on equities and emerging markets assets, Emkay Global…
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GitHub for Startups developer platform now in India
Bengaluru: Open-source software development platform GitHub on Tuesday said it has made its developer platform available in India to help boost the startup ecosystem. Eligible startups in India, and globally, will receive…
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SOUTH Korean telcos raise Galaxy Z Flip 4 subsidies ahead of iPhone 14 launch
Seoul: South Korean mobile carriers SK Telecom and KT Corp have raised the amount of subsidies for the high-end model of Samsungs latest foldable smartphone ahead of next month’s scheduled launch of…
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Sitharaman criticises states seeking more funds, says ‘You Me’ culture won’t work
Chennai: Union Finance Minister Nirmala Sitharaman on Monday criticised states seeking greater funds from the Central government on the basis of the fact that they generated more revenue. Addressing a CNN-News18 Town…
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Flipkart says ‘anomalies’ behind some iPhone 13 order cancellations
New Delhi: After some iPhone 13 buyers went to Twitter to express their frustration of not receiving their devices after placing online orders on Flipkart, the e-commerce platform on Monday said a…
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Investors lose Rs 13.30 lakh cr in four days of market crash
New Delhi: Equity investors’ wealth has tumbled by over Rs 13.30 lakh crore in four days of market plunge amid a sharp sell-off in global markets. Falling for the fourth straight day,…
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Markets warn pound slump could lead UK interest rates to triple by next year
London: The plummeting value of the pound has sent the interest rate on government debts to a 12-year high, with money markets now predicting the Bank of England base rate could almost…
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Sitharaman to review performance of credit schemes for SCs by public sector banks
New Delhi: Union Finance Minister Nirmala Sitharaman will hold a review meeting of public sector banks on Tuesday, where the focus would be on status and performance of their credit and other…
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Markets in free fall; Sensex, Nifty tumble nearly 2%
Mumbai: Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling nearly 2 percent each amid weak global market trends and foreign fund outflows. Falling for the fourth straight day, the…
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Apple likely to shun ‘Pro Max’ branding for ‘Ultra’ with iPhone 15
New Delhi: More reports have now surfaced that Apple may replace the current “Pro Max” branding next year with the top-end iPhone 15 series, calling it “Ultra”. The “Pro Max” branding appeared…
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Indian workforce to get average salary hike of 10.4% in 2023
New Delhi: Despite global macroeconomic conditions and rising inflation, salaries in India are likely to increase by 10.4 per cent on average in 2023, compared to an actual increase of 10.6 per…
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Samsung launches credit card in India with 10% cashback on its products 24/7
New Delhi: Samsung India on Monday announced its first-ever credit card in India in partnership with Axis Bank and Visa, that will give customers 10 per cent cashback across all Samsung products…
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Rupee hits new record low of 81.55 against USD
Mumbai: The Indian rupee fell to a new record low of 81.55 against the US dollar on Monday after a sharp uptick in dollar index, dealers said. At the interbank foreign exchange…
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Interpol issues red notice for crypto firm Terraform founder Do Kwon
Seoul: Do Kwon, founder and CEO of Terraform Labs that wiped out investors’ money worth $40 billion, is now wanted by Interpol which has issued a red notice for him. South Korean…
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Musk set to depose before Twitter lawyers ahead of Oct trial
San Francisco: Tesla and SpaceX CEO Elon Musk is set to depose before the Twitter lawyers earlier this week in the $44 billion takeover deal that he has terminated. The deposition is…
