Business
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Meta reportedly investing in Indian startup Better Opinions
New Delhi: Meta (formerly Facebook) is looking to invest in an Indian startup called Better Opinions, an event trading platform that allows users in the country to trade their opinions on categories…
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QR code labelling on electronics items to start soon: Top industry body
New Delhi: The decision by the Department of Consumer Affairs on mandatory QR code labeling on various packaged commodities including electronics, will de-clutter the information for the consumers needed at the time…
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Google to roll back app permissions list on Play Store
San Francisco: After initially removing them in place of Data Safety labels, tech giant Google has now said that it is rolling back the app permissions list on the Play Store. The…
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Smartphone shipments fall 5% in India in Q2 amid dwindling demand
Bengaluru: The smartphone shipments reached 36.4 million units in the second quarter (Q2) in India, a 5 per cent decrease from the previous quarter, with major brands struggling to shift units as…
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Samsung aims to build 11 more chip plants worth $200 bn in US
Seoul: Samsung Electronics floated an idea of investing nearly $200 billion to build 11 more chip plants in the US over the next two decades, documents filed with the state of Texas…
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Nokia bullish on India’s 5G roadmap: CEO
New Delhi: As the global penetration rates for both fibre and 5G excluding China still remain very low, Nokia is bullish on the 5G roadmap in India which is an important country…
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ADB cuts India GDP forecast for FY23 to 7.2 pc on Covid
New Delhi: Asian Development Bank (ADB) on Thursday trimmed India’s economic growth forecast for current fiscal year to 7.2 percent from 7.5 percent as pandemic and war impact is weighing down alongside…
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Rupee rises 20 paise to close at 79.85 against US dollar
Mumbai: The rupee recovered from its all-time low of 80.06 to close 20 paise higher at 79.85 (provisional) against the US dollar on Thursday following overall weakness in crude oil prices and…
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Ford plans to cut 8K jobs to help fund its EV plans: Report
San Francisco: With an aim to fund its plans to build electric vehicles (EVs), popular automaker Ford is likely planning to cut up to 8,000 jobs over the coming weeks, media reports…
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Oracle Database Service for Microsoft Azure now available for all users
San Francisco: The Oracle Database Service for Microsoft Azure is now generally available and Azure Cloud customers can directly access and monitor enterprise-grade services in Oracle Cloud Infrastructure (OCI), the companies have…
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Hyundai sells 1.88 mn vehicles in first 6 months, Q2 profit jumps 56%
Seoul: Hyundai Motor said on Thursday that its second-quarter net profit jumped 56 per cent from a year earlier on improved product mix and a weak won. Net profit for the three…
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Microsoft Teams faces major outage, Twitterati react
New Delhi: Tech giant Microsoft on Thursday confirmed that its Teams app was facing a major outage that affected thousands of users as they were unable to access the app, and several…
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RBI working on phased implementation of digital currency
New Delhi: The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director,…
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Retail inflation for farm, rural workers rise in June
New Delhi: Retail inflation for farm workers and rural labourers rose to 6.43 percent and 6.76 percent, respectively, in June due to higher prices of certain food items. In June last year,…
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Sensex, Nifty spurt over 1 pc as windfall tax cut, FII inflows lift mood
Mumbai: Benchmark BSE Sensex rallied over 1 percent while Nifty closed above the 16,500 mark on Wednesday after sharp gains in IT, oil & gas and metal shares amid positive global market…
