Business
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Paid Telegram Premium service tops 1 mn subscribers: CEO
New Delhi: Telegram Founder and CEO Pavel Durov on Wednesday said that the paid Telegram Premium, which we introduced just five months ago, has surpassed 1 million subscribers. Telegram in October reduced…
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Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
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Tim Cook, Joe Biden plan ‘make in America’ chips at TSMC plant
San Francisco: In their bid to cut the dependency on China amid the supply chain turmoil, US President Joe Biden and Apple CEO Tim Cook have announced plans to start using chips…
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Microsoft to train, certify over 1 lakh Indian software developers in a month
New Delhi: IT company Microsoft will train and certify over 1 lakh software developers in India in a month under its pan-India “Future Ready Champions of Code” program, the company said on…
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Now travel across 184 nations with 1 Airtel ‘World Pass’ data roaming pack
New Delhi: Airtel on Tuesday launched a ‘World Pass’ traveller data roaming pack that works seamlessly across 184 countries. The ‘Airtel World Pass’ data pack starts from Rs 649 for one day…
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World Bank upgrades India’s GDP growth to 6.9% for current fiscal
New Delhi: The World Bank on Tuesday expressed optimism that India’s real GDP would grow at 6.9 per cent in the current fiscal, an improvement from its previous projection of 6.5 per…
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Demand for moderate rate hike by RBI voiced
Chennai: With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) expected to revise upwards the interest rate on Wednesday, industry players are voicing out for a moderation. The MPC has…
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Digital transformation spending in India to reach $85 bn by 2026
New Delhi: The digital transformation (DX) spending in India is likely to reach $85 billion by 2026 as firms in the country aim to reduce the costs by increasing efficiency, improving security/risk…
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Coal production rose to 75.87 mn tonnes in Nov
New Delhi: India’s total coal production went up by 11.66 per cent to 75.87 million tonnes in November 2022 from 67.94 million tonnes recorded during the corresponding period of last year. According…
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UPI transactions see 650% rise at semi-urban, rural stores: Report
New Delhi: The unified payments interface (UPI) transactions witnessed a meteoric 650 per cent rise at the semi-urban and rural stores in India this year, a report showed on Tuesday. There was…
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Musk converts several rooms at Twitter HQ into bedrooms for employees
San Francisco: After his call to either be “extremely hardcore” at work or quit, Elon Musk has converted rooms at Twitter headquarters in San Francisco into small bedrooms, featuring unmade mattresses, drab…
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Uber Eats to pay millions for listing US restaurants without consent
San Francisco: Ride-hailing major Uber will pay millions of dollars as settlement with the City of Chicago in the US for listing local restaurants in food delivery apps Uber Eats and Postmates…
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Closed down Coke factory property to be given to Kerala govt, protesters up in arms
Thiruvananthapuram: The Plachimada Struggle Solidarity Committee, which through its long drawn struggle saw to the closure of the Coca-Cola factory in Palakkad district in 2004, is getting ready for another battle with…
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After iPhones, Apple now plans to shift some iPad production to India
San Francisco: As Apple plans to shift more iPhone production away from China to India, it is now reportedly looking to also move the production of some iPads to India to keep…
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Deliberations on key issues commence at G2O Sherpa meeting in Udaipur
Delhi: A range of issues are being discussed in the ongoing four-day Sherpa meeting of India’s G20 presidency, which began in Udaipur on December 4 and is expected to continue till December…
