Business
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India as world’s 4th largest refiner moves towards energy self-sufficiency: Minister
New Delhi: India, the world’s fourth largest refiner, is confidently journeying towards energy self-sufficiency under the leadership of Prime Minister Narendra Modi, Petroleum Minister Hardeep Singh Puri said on Tuesday. The Minister…
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Sensex, Nifty decline in early trade; HDFC Bank drags
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip HDFC Bank and fresh foreign fund outflows. Also mixed trends from global markets failed to give…
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India’s active pharmaceutical ingredients industry to grow 7-8 pc in FY25
New Delhi: Indian active pharmaceutical ingredients (API) industry is set to grow 7-8 per cent in FY25, from an estimated size of $13-$14 billion in 2023, a report said on Monday. The…
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India’s technical consumer goods market logs 11 pc value growth in Jan-June period
New Delhi: Technical consumer goods (TCG) market in India recorded an 11 per cent increase in value and a 1 per cent rise in volume during the first half of 2024, compared…
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Bharti Enterprises to buy 24.5 pc stake in UK’s BT Group for about $4 billion
New Delhi: Bharti Global, the international investment arm of Bharti Enterprises, on Monday said it has reached an agreement to acquire a 24.5 per cent stake in the UK telecommunications giant BT…
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Rupee falls 2 paise to close at 83.97 against US dollar
Mumbai: The rupee consolidated in a narrow range and settled for the day lower by 2 paise at 83.97 (provisional) against the American currency on Monday, as market participants remained on the…
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India’s technical consumer goods market logs 11 pc value growth in Jan-June period
New Delhi: Technical consumer goods (TCG) market in India recorded an 11 per cent increase in value and a 1 per cent rise in volume during the first half of 2024, compared…
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Sensex trades lower as RIL and ICICI Bank drag
Mumbai: Indian stock indices opened lower on Monday as heavyweights like RIL and ICICI Bank emerged as the top losers in the morning trade. At 9:48 a.m., Sensex was down 325 points…
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee witnessed range-bound trading in initial deals against the US dollar on Monday, as market participants remained on the sidelines ahead of the release of key domestic macroeconomic data. Forex…
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Market Outlook: Q1 results, inflation and FIIs activity key factorsfor next week
Mumbai: The Indian equity market witnessed volatility last week as a potential slowdown in the US due to weak economic data and disappointing guidance from many companies is being feared. Both frontline…
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Tata Technologies terminates project to develop 36 govt ITIs in Chhattisgarh
New Delhi: Global engineering and product development company Tata Technologies on Saturday said that it has cancelled a project worth Rs 1,188.36 crore to develop 36 government ITIs (industrial training institutes) in…
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India’s textiles, garment sector impacted due to Bangladesh unrest: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that there was some uncertainty in India’s textiles and garments sector following the political turmoil in Bangladesh but it was too early to…
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Researchers develop AI model to predict protein-DNA binding accuracy
New Delhi: A new Artificial Intelligence (AI) model that can accurately predict how different proteins bind to DNA has been developed to help reduce the time required to develop new drugs and…
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Indian startup ecosystem saw $113 million funding this week
New Delhi: Riding on the momentum amid resilient economic growth, the Indian startup ecosystem saw funding worth $113 million this week in nearly 22 deals. Dairy and grocery startup Country Delight secured…
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100mn smartphones to be sold in India in July-Dec period: Report
New Delhi: India is projected to see about 100 million smartphone sales in the second half of this year (July-December period), and online platforms are likely to contribute more than 55 per…
