Business
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Swiggy shares hit 52-week low, fall over 43 pc this year
Mumbai: Swiggy’s share price touched a 52-week low on Friday, before recovering slightly to close at Rs 305.4, down by Rs 11, or 3.48 per cent, on the National Stock Exchange (NSE).…
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Sensex, Nifty trade in green amid positive global cues
Mumbai: The Indian stock indices opened in the green on Friday following positive cues from the global markets. At 9:22 am, Sensex was up 350 points or 0.44 per cent at 80,592…
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Absolutely false: Tesla chair denies report about replacing Musk as CEO
New Delhi: After a report claimed that electric car maker Tesla’s board is planning to replace Elon Musk as CEO, Robyn Denholm, Chairman of the board of directors at Tesla Motors, on…
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GitHub Copilot surpasses 15 million users, India a bright spot
New Delhi: GitHub Copilot has surpassed 15 million users, growing more than 4 times year-over-year, the company has informed. This follows the recent announcement that the number of developers building on GitHub…
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75 pc of Indian businesses localise data as AI becomes core to strategy: Report
Mumbai: As many as 75 per cent of companies in India are reshaping their infrastructure and location strategies based on data needs, marking a significant shift in how artificial intelligence (AI) is…
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RBI approves executive committee to oversee IndusInd Bank operations
New Delhi: The Reserve Bank of India (RBI) has approved the constitution of an interim committee to oversee the operations of IndusInd Bank, which will discharge the duties, roles and responsibilities of…
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Indian stock market opens flat amid geo-political tensions
Mumbai: The domestic benchmark indices opened flat on Wednesday amid mixed global cues and geo-political tensions, as selling was seen in the PSU bank and financial service sectors in the early trade.…
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Meta launches AI app, Zuckerberg chats with Microsoft CEO at developer conference
California: Working to differentiate itself in the crowded field of artificial intelligence, Meta Platforms has launched a standalone AI app — with a social media component — to compete with OpenAI’s ChatGPT.…
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RBI’s move to inject liquidity seen as a positive for bond prices
Mumbai: The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May. The…
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Rupee rises 27 paise to 84.96 against US dollar in early trade
Mumbai: The rupee appreciated 27 paise to 84.96 against the US dollar in early trade on Tuesday, supported by robust foreign fund inflows, stronger domestic data, and easing global tensions. Forex traders…
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Indian stock market opens higher, Nifty above 24,400
Mumbai: The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade. At…
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Need to target 1 billion UPI transactions a day in 2-3 years: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Monday underscored the need to target one billion Unified Payments Interface (UPI) transactions per day within the next 2–3 years, stressing on the importance of…
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India-Pakistan tensions: History shows Sensex bounced back stronger after every conflict
Mumbai: Even as tensions between India and Pakistan rise once again following the barbaric Pahalgam terror attack, Indian stock markets have showcased resilience every time the two neighbouring nations went into conflict.…
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Over 38 pc of equity MFs in India outperform respective benchmarks in March
Mumbai: Nearly 38.64 per cent of 298 open-ended equity diversified mutual funds in India outperformed their respective benchmarks in March 2025, a report said on Monday. The assets under management (AUM) of…
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Rupee rises 12 paise to 85.29 against US dollar in early trade
Mumbai: The rupee appreciated 12 paise to 85.29 against the US dollar in early trade on Monday, supported by strong domestic fundamentals, such as rising forex reserves and healthy capital inflows. Forex…
