Business
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Gold prices fall to Rs 77,000 per 10 grams; silver below Rs 91,000 per kg
New Delhi: Domestic prices of gold slipped to Rs 77,000 per 10 grams on Monday due to poor demand after the festive season ended. According to the Indian Bullion Jewelers Association (IBJA),…
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Share market recovers after early bumps, Asian Paints stock tanks 9 pc
Mumbai: The Indian stock market recovered after facing initial losses on Monday as selling was seen in PSU banks, financial services, pharma and FMCG sectors in early trade. Asian Paints shares dropped…
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Markets decline in early trade amid unabated foreign fund outflows, muted earnings
Mumbai: Benchmark sensitive indices Sensex and Nifty fell in early trade on Monday as continuous foreign fund outflows, disappointing quarterly earnings and weak trends from Asian markets dented investors’ sentiment. Forex traders…
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Zomato introduces feature to ‘rescue’ over 4L cancelled food orders a month
New Delhi: Online food delivery platform Zomato on Sunday launched a new feature called ‘Food Rescue’ to save more than 4 lakh orders being get cancelled on the platform every month for…
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Market Outlook: Inflation, FII, economic data key triggers for next week
New Delhi: The market outlook for next week will be guided by key macroeconomic data and the last round of Q2 earnings. India is set to release Consumer Price Index (CPI) and…
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Samsung needs to change to keep up with AI development: Expert
Seoul: Samsung Electronics, the world’s largest memory chipmaker, appears to have fallen into a “crisis” amid challenging market conditions and disappointing quarterly performances. Particularly due to its recent loss of leadership in…
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Beleaguered airline SpiceJet to launch seaplane operations in India next year
Vijayawada: Beleaguered low-cost airline SpiceJet on Saturday announced that it would launch seaplane operations in India next year, with an aim to connect some of the most remote and picturesque locations. With…
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India’s power sector set for robust growth amid renewable energy push
New Delhi: As India is poised to see a surge in energy demand than any other country over the next decade owing to its sheer size and scale of rising demand from…
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Apple plans 1st-ever research subsidiary in India amid diversification push
New Delhi: Firming up its India presence as Apple diversifies its vast supply chain and research outside of China, the iPhone maker has set up a new research and development subsidiary in…
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India’s smartphone market estimated to grow 7-8 pc this year
New Delhi: India’s smartphone market is estimated to grow 7-8 per cent this year, driven by strong demand for premium, 5G and AI smartphones, according to a new report. The mobile handset…
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Swiggy’s IPO subscribed 3.59 times on last day
Mumbai: Online food delivery platform Swiggy’s Rs 11,327 crore IPO was subscribed 3.59 times on the last day of bidding on Friday after a muted response from the investors in the initial…
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Govt eases norms for customs cargo service providers to boost global trade
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has introduced key relaxations for Customs Cargo Service Providers to promote ease of doing business and cut logistics cost in order…
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Hyderabad activist urges action against ASBL Spectra’s ‘illegal’ constructions
Hyderabad: Congress leader and environmental activist Dr Lubna Sarwath has called on environment and forests minister Konda Surekha to take legal action against ASBL Spectra for building apartments in Puppalguda village without…
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SBI Q2 net profit jumps 23 pc to Rs 19,782 cr
Mumbai: SBI on Friday reported a 23 percent on-year jump in consolidated net profit at Rs 19,782 crore for the quarter ended September 30, 2024. The consolidated net profit for the corresponding…
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US Fed’s 2nd consecutive rate cut a booster for emerging markets like India
Mumbai: The US Fed’s second consecutive rate cut this year of 25 basis points should be bullish for emerging markets like India, market experts said on Friday. It wasn’t a surprise when…
