Business
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Rupee rises 31 paise to 85.05 against US dollar in early trade
Mumbai: The rupee appreciated 31 paise to 85.05 against the US dollar in early trade on Wednesday, supported by gains in domestic equities and positive macroeconomic data. Forex traders said a surge…
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Sensex, Nifty open higher after inflation cools, geo-political tensions ease
Mumbai: The Indian frontline indices opened in the green on Wednesday after retail inflation hit multi-year low and geo-political tensions eased. At around 9:25 am, Sensex was up 414 points or 0.51…
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Paytm sees large trade order involving 1.7 crore shares, stock falls marginally
Mumbai: Shares of One97 Communications Ltd, the parent company of Paytm, declined marginally on Tuesday after stock worth Rs 2,380 crore changed hands in multiple large trade order involving 1.7 crore shares.…
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Sensex, Nifty open lower as Infosys and Zomato drag
Mumbai: Indian equity indices opened in the red on Tuesday as heavyweights like Infosys, Eternal (Zomato) and Kotak Mahindra Bank were top losers in the BSE benchmark. At around 9:25 am, Sensex…
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FIIs to resume equity purchases in India as bulls roar: Analysts
Mumbai: The ceasefire between India and Pakistan has paved the way for a sharp rally in the market and with this, foreign institutional investors (FIIs) are likely to resume their equity purchases…
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Bull run: Sensex surges over 1,900 points as India-Pak tensions ease
Mumbai: The domestic indices surged on Monday with Sensex jumping over 1,900 points in the morning trade, as India-Pakistan tensions eased with ‘Operation Sindoor’ marking a significant demonstration of India’s military and…
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Market Outlook: India-Pak tensions, inflation and economic data key triggers for next week
Mumbai: The Indian stock market outlook for next week will be guided by several domestic and international cues such as retail inflation, quarterly results, US jobless claims data and others. Next week,…
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IndiGo announces relief measures for affected passengers due to airport closure
New Delhi: Low-cost airline IndiGo on Saturday said customers who were scheduled to fly into or out of the impacted airports owing to the closure of airports, they may now choose to…
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Enough rice, wheat, sugar, oil and pulses stock, no need to panic: Pralhad Joshi
New Delhi: The government on Friday reiterated that there is no shortage of essential commodities in the country, and citizens are advised not to panic or rush to the markets to purchase…
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India’s credit rating upgraded to ‘BBB’ with ‘Stable’ trend: Morningstar DBRS
New Delhi: India’s rating has been upgraded from ‘BBB (low)’ to ‘BBB’ with a ‘Stable’ trend by global sovereign credit rating agency Morningstar DBRS. The key drivers for the ratings upgrade include…
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US-UK trade deal: Trump agrees to cut tariffs on autos, steel
Washington: President Donald Trump has agreed to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain, which would buy more American beef and streamline its customs…
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Stock markets fall in volatile trade on rising India-Pakistan tensions
Mumbai: Benchmark Sensex declined by nearly 412 points in a volatile session on Thursday, May 8, due to selling in banking, FMCG and auto shares triggered by escalating tensions between India and…
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Sensex, Nifty open nearly flat as geopolitical tensions continue
Mumbai: The Indian equity indices opened almost flat on Thursday as geopolitical tensions remained high after ‘Operation Sindoor’. At 9.26 am, Sensex was up 25 points at 80,772 and Nifty was down…
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KFC and Pizza Hut operator Sapphire Foods’ net profit drops 25 pc in Q4
New Delhi: Sapphire Foods India, the operator of KFC and Pizza Hut outlets in India and Sri Lanka, on Wednesday reported a 25 per cent drop in its consolidated net profit for…
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Passenger deplaned from Air India flight amid ‘Operation Sindoor’ alert
Bengaluru: Amid heightened security across the country, a passenger was deboarded from an Air India flight at Kempegowda International Airport (KIA) here on Wednesday evening, airport sources said. The passenger was travelling…
