Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Rupee recovers from record low level, rises 26 paise to close at 89.89/USD
Mumbai: The rupee rebounded from its all-time low levels and appreciated by 26 paise to close at 89.89 against the greenback on Thursday, on softness in the US dollar index and on…
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Crude oil futures gain on spot demand
New Delhi: Crude oil prices on Thursday rose Rs 6 to Rs 5,362 per barrel in futures trade as participants increased their positions following a firm spot demand. On the Multi Commodity…
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Stock markets bounce back after falling in early deals
Mumbai: Equity benchmark indices Sensex and Nifty slipped in early trade on Thursday, but later bounced back to trade in positive territory, amid value buying at lower levels. The 30-share BSE Sensex…
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Rupee slumps 28 paise to 90.43 against US dollar in early trade
Mumbai: The rupee slumped 28 paise to an all-time low of 90.43 against the US dollar in early trade on Thursday, amid substantial foreign institutional investor outflows and restrained intervention from the…
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Indian rupee crashes past Rs 90 mark; worst-performing Asian currency 2025
Mumbai: The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.15 on Wednesday, down 19 paise from its previous close, amid sustained foreign…
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Silver futures hit record as rupee slumps to new low
New Delhi: Silver prices surged by Rs 3,126 to hit a fresh record of Rs 1,84,727 per kilogram on Wednesday while gold futures advanced to Rs 1,30,766 per 10 grams, tracking firm…
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Stock markets trade lower in early deals amid relentless foreign fund outflows
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Wednesday amid persistent foreign fund outflows and profit-taking by investors. Falling for the fourth day in a row, the 30-share…
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OpenAI declares ‘code red’ to improve ChatGPT amid rising competition in AI chatbots
San Francisco: OpenAI CEO Sam Altman has set off a “code red” alert to employees to improve its flagship product, ChatGPT, and delay other product developments, according to The Wall Street Journal.…
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Samsung unveils Galaxy Z TriFold, its 1st triple-folding phone
New Delhi: Samsung Electronics on Tuesday unveiled the Galaxy Z TriFold, a new foldable smartphone that opens twice to reveal a large 10-inch display. With this launch, Samsung has expanded its leadership…
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RBI likely to cut repo rate by 25 bps in December: Report
Kolkata: The RBI could announce a 25-basis point repo rate cut in its upcoming December monetary policy meeting, driven by a sharp decline in inflation and strong growth momentum, a report by…
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Equity markets decline in early trade dragged by bank stocks
Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip bank stocks and persistent foreign fund outflows. After scaling record high level in the previous intra-day session,…
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Apple appoints Amar Subramanya as vice president of AI
Cupertino: Apple has announced to appoint renowned AI researcher Amar Subramanya as vice president of AI, reporting to Craig Federighi. The company said that John Giannandrea, Apple’s senior vice president for Machine…
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UK and US agree zero-tariff deal on pharmaceuticals
London: The UK has secured a 0 per cent tariff rate for all UK medicines exported to the US for at least three years, officials have said, in return for the UK…
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GST collections slip on rate cuts to Rs 1.7 lakh cr in November
New Delhi: India’s Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November, growing at a meagre 0.7 per cent year-on-year on a base lowered…
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Amazon Now plans to open 2 new dark stores a day, targets over 300 by year end
New Delhi: E-commerce firm Amazon plans to be aggressive in the quick-commerce business, Amazon Now, with plans to open two new dark stores every day and take the total count to over…
