Business
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India’s EV segment presents Rs 3 lk cr opportunity in next 5 yrs
New Delhi: The electric vehicles (EVs) segment presents an opportunity of almost Rs 3 lakh crore for various stakeholders in India during the next five years through fiscal 2026. As per a…
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CoinSwitch Kuber temporarily disables rupee deposits
New Delhi: Crypto trading platform CoinSwitch Kuber has disabled all payments modes for crypto purchases on its platform, including bank transfers. Users of the CoinSwitch mobile app are no longer able to…
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Rupee falls 14 paise to 76.05 against US dollar in early trade
Mumbai: The rupee declined 14 paise to 76.05 against the US dollar in the opening trade on Tuesday tracking the strengthening of the American currency in the overseas market and a negative…
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Shares of Adani Group cos surge after $2 bn foreign investments
New Delhi: Shares of Adani Green Energy, Adani Transmission, and Adani Enterprises surged on Monday on an otherwise broader market. Adani Green Energy shares were locked in the 20 per cent upper…
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Green Wave: Maruti to fulfil CNG demand now, EVs in 2025
New Delhi: Automaker Maruti Suzuki is currently focused on the CNG segment to fulfil the demand triggered by rising petrol prices as well as heightened concerns over environmental protection. The automobile major…
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Garmin logs double-digit sales growth in India in 2021
New Delhi: Leading wearable brand Garmin India on Monday said it has registered double-digit revenue growth, backed by its popular range in the fitness and wellness segment especially the ‘VENU’ smartwatch, in…
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Sensex declines 400 points in early trade; Nifty tests 17,690 level
Mumbai: Equity benchmark indices opened on a muted note on Monday, with the Sensex falling nearly 400 points in early trade, dragged down by index heavyweights Infosys, Reliance Industries and HDFC twins…
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High oil prices to keep rupee on a slippery slope
New Delhi: High crude oil prices combined with fears of rising inflation are expected to keep the Indian rupee under pressure, next week. Lately, the Brent crude oil price has remained elevated…
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Strong dollar dents India’s foreign reserves, forex down by over $11 bn
Mumbai: Global currency fluctuations, due to a rise in US dollar strength, depleted India’s foreign reserve by over $11.173 billion during the week that ended on April 1. The foreign currency assets…
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Tesla customer waiting for Model X refund for over 2 years
San Francisco: Taking advantage of Tesla’s seven-day, no-questions-asked return policy at the time, a customer who returned his Tesla Model X in early 2020, is still making payments on a $116,000 vehicle…
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Nissan plans its 1st EV with solid-state battery in 2028
Tokyo: Japanese automaker Nissan has unveiled its first prototype production facility for all-solid-state battery cells, which the company aims to bring to market in coming years. Nissan said it aims to launch…
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Fundamental drivers for IT sector growth remain intact: HDFC Securities
New Delhi: The fundamental drivers of the IT sector’s growth have remained intact despite a slowdown said HDFC Securities. The IT index is up more than 40 per cent over the past…
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Indian banana, baby corn can now be exported to Canada
New Delhi; Thanks to the successful negotiations between an Indian agency and the Canadian government, Indian banana and baby corn can now be exported there, officials said on Saturday. “The negotiations between…
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Artificial Intelligence spending in Asia-Pacific to reach $32 bn in 2025
New Delhi: Countries in the Asia-Pacific region are set to spend $17.6 billion on artificial intelligence (AI) systems in 2022 and this is expected to reach $32 billion in 2025, a new…
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Non-Covid demand to drive healthcare sector’s FY23 growth
New Delhi: Non-Covid demand is expected to drive the corporate healthcare industry’s growth in FY23, as per rating agency India Ratings and Research (Ind-Ra). Within the sector, the hospital sub-sector is expected…
