Business
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SpiceJet Q4 revenue drops 16 pc, net profit jumps to Rs 325 cr
New Delhi: Low-cost Indian airline SpiceJet on Saturday announced that its revenue from operations fell 16 per cent year-on-year (YoY) to Rs 1,446.37 crore in Q4 FY25, down from Rs 1,719.3 crore…
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Rupee dives 59 paise against US dollar on spike in crude oil prices
Mumbai: The rupee plummeted 59 paise to 86.11 against the US dollar on Friday due to a spike in global oil prices and a firm dollar amid rising tensions in the Middle…
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CRISIL predicts additional RBI rate cut as inflation eases
New Delhi: Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday. Lower…
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Mukesh Ambani pledges full Reliance support for Air India crash victims
New Delhi: Richest Asian Mukesh Ambani on Friday offered full support of his oil-to-telecom group to the relief operations for the victims of the Air India plane crash. In a statement, Ambani,…
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Plots auctioned in Hyderabad yield 142 cr to Telangana government
Hyderabad: The auction of open plots at the Kukatpally Housing Board (KPHB) Colony’s open plots in phase 7 by the state government has set new records with regard to the price per…
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Indian stock market opens nearly flat, remains in consolidation phase
Mumbai: The Nifty 50 and Sensex opened almost flat on Wednesday, as buying was seen in sectors like oil and gas and metal, while FMCG and PSU Bank were trading in the…
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SIP inflows hit all-time high in May
New Delhi: Systematic Investment Plan (SIP) inflows reached an all-time high of Rs 26,688 crore in May, from Rs 26,632 crore in April, according to data released by the Association of Mutual…
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India’s defence exports surged by 1,100 pc in last 10 years: Nirmala Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman said on Tuesday that under the leadership of Prime Minister Narendra Modi, India has transformed into an emerging defence exporter, strengthening national security and becoming a…
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Indian corporates to double capital spending over next 5 years
New Delhi: Indian corporates are projected to double their capital spending to $800 billion-$850 billion over the next five years, which will be largely financed by operating cash flows and facilitated by…
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Stock market trades nearly flat after early gains, all eyes on US-China talks
Mumbai: The domestic benchmark indices extended their winning streak to the fifth consecutive session on Tuesday, opening with some moderate gains. However they trimmed early wins to trade a tad lower. At…
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Indian real estate market ready to meet global workspace demand: Report
Mumbai: As global firms recalibrate their footprints, India is braced for intensified demand — not just for space, but for future-ready, flexible environments that can deliver performance, resilience, and purposeful design in…
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India embraces cashless revolution in last 11 years: Nirmala Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said that India is embracing a cashless revolution with world-class digital initiatives like unified payments interface (UPI). In the last 11 years, India…
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Indian stock market opens in green, IT and PSU banks lead
Mumbai: The Indian benchmark indices opened higher on Monday amid positive global cues, as buying was seen in the IT, PSU banks and auto sectors in the early trade. At around 9.26…
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Bank of India cuts lending rate after RBI’s repo rate reduction
Mumbai: The Bank of India (BOI) on Friday reduced its repo-based lending rate (RBLR) by 50 basis points, bringing it down from 8.85 per cent to 8.35 per cent. This move follows…
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Adani Group contributes Rs 74,945 crore tax in FY25, up 29 pc
Ahmedabad: The Adani Group’s total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore in fiscal year 2025, from Rs 58,104 crore in FY24, through its portfolio of…
