Business
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India clocks record foodgrain production in 2023-24
New Delhi: India clocked record foodgrain production at 3,322.98 LMT (lakh metric tonnes) in the agriculture year 2023-24 — higher by 26.11 LMT than the production of foodgrains at 3,296.87 LMT achieved…
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Telangana: Bank officials try to take away teakwood doors to recover loan
Hyderabad: A heated argument broke out between officials of the District Central Cooperative Bank (DCCB) of Adilabad and a borrower who had taken a loan of Rs 3 lakh from the bank.…
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Govt extends import approval system for laptops, tablets till Dec 31
New Delhi: The government on Tuesday extended the existing approval system for import of certain IT hardware products, including laptops and tablets, for three months till December 31. The deadline for review…
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Sensex hits 85,000 for first time, Nifty trades at all-time high
Mumbai: India equity benchmarks were trading at an all-time high on Tuesday following positive cues from the Asian and US markets. At 9:48 a.m., Sensex was up 75 points or 0.09 per…
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36 Indian startups secure massive USD 628 mn in funding this week, a 174 pc surge
New Delhi: The Indian startup ecosystem saw massive funding flow this week at more than $628.24 million raised by 36 startups — a whopping 174.5 per cent surge from last week. The…
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Vodafone Idea finalises USD 3.6 bn deal with global partners to boost India footprint
New Delhi: Telecom operator Vodafone Idea on Sunday said it has concluded a $3.6 billion deal with Nokia, Ericsson and Samsung for supply of network equipment over a period of three years…
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Investors prefer regular hefty returns, tax benefits post Covid: Report
New Delhi: Degree of returns, regularity of returns, and tax benefits are the significant factors influencing post-Covid investment decisions, according to a report on Monday. The report, jointly made by the PHD…
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GST 2.0 will further ease tax compliances and boost economic growth
New Delhi: Goods and Services Tax (GST) is one of the major economic reforms in the last decade in India which replaced the Value Added Tax (VAT) system. It paved the way…
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SpiceJet raises Rs 3000 cr from institutional investors
New Delhi: SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline. Foreign entities, including Societe Generale – ODI, Goldman…
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Sensex trades higher on positive global cues
Mumbai: Indian equity indices opened in green on Friday following positive cues from Asian and US markets. At 9.46 a.m., Sensex was up 82 points or 0.10 per cent at 83,267 and…
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India’s coal mining methane emissions could more than double by 2029: Report
New Delhi: India’s annual methane emissions from coal mining could more than double by 2029 compared to 2019 as the country seeks to increase coal production to meet its growing energy demand,…
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Telangana govt to establish MSME Park between ORR and RRR for women-led enterprises
Hyderabad: With a view to encourage women entrepreneurs in the establishment of micro, medium and small enterprises (MSME) in the state, the Telangana government is planning to establish an MSME industrial park…
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Sensex trades flat ahead of US Fed meeting
Mumbai: India equity indices opened flat on Wednesday following a mixed trend in global markets ahead of the US Federal Reserve monetary policy decision later in the day. At 9.42 a.m., Sensex…
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India sees 5.35% growth in exports at $328.86 billion in April-August
New Delhi: India’s total exports during the April-August period are estimated at $328.86 billion, registering a positive growth of 5.35 per cent, data by the Ministry of Commerce and Industry showed on…
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Markets decline in early trade on profit-taking after record rally
Mumbai: Benchmark equity indices declined in early trade on Tuesday after surging to record high levels in the previous trading session, amid profit-taking and sluggish trends from the global markets. The 30-share…
