Business
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Sensex, Nifty gain in early trade as India carries out ‘Operation Sindoor’
Mumbai: The Indian benchmark indices erased early losses and began rising on Wednesday as India carried out ‘Operation Sindoor’ at nine terror locations in Pakistan and Pakistan-occupied Kashmir (PoK) in the wake…
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Rupee falls 8 paise to 84.38 against US dollar in early trade
Mumbai: The rupee traded in a narrow range in morning trade on Tuesday and fell 8 paise to 84.38 against the US dollar tracking the rise in the dollar index and fall…
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Sensex, Nifty open flat amid mixed global cues
Mumbai: Indian equity indices opened on a flat note on Tuesday following mixed global cues and geo-political tensions. At 9:18 am, Sensex was down 11 points at 80,785 and Nifty was down…
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Indian govt decided to terminate services of Subramanian: IMF
New Delhi: The International Monetary Fund on Monday said that the termination of services of Executive Director K V Subramanian was a decision taken by the Indian government. Government of India has…
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India has 879.59 metric tonnes of gold, 511.99 MT held domestically: RBI
New Delhi: The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank…
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Gold prices soar in Dubai: 24-carat hits Dh 392.50 as markets open
Gold prices saw a notable surge at the opening of the markets in Dubai, United Arab Emirates (UAE), on Monday, May 5. According to data from the Dubai Jewellery Group, the price…
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Cumulative rate cuts of 125-150 bps estimated in FY26: SBI report
New Delhi: The benign inflationary patterns suggest an aggressive rate cut trajectory by the Reserve Bank of India, with key policy rate likely to breach the ‘Neutral’ rate by March 2026, an…
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Nifty, Sensex open higher; Adani Ports among top gainers
Mumbai: Indian equity indices opened in the green on Monday as heavyweights like Adani Ports, Asian Paints, Titan and Tata Motors continued to support upward movement. Around 9:22 am, Sensex was up…
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US Fed policy, Q4 results among key triggers to drive Indian stock market next week
Mumbai: As Indian markets gear up for a data-heavy week, experts say that the direction of the stock market will largely depend on the US Federal Reserve’s policy decision, March quarter corporate…
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Sharad Pawar, Gautam Adani visit Science and Technology Park at Pune varsity
Pune: Industrialist Gautam Adani and NCP (SP) chief Sharad Pawar on Friday visited the Science and Technology Park (STP) on Savitribai Phule Pune University campus here. Established in 1986, STP Pune is…
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Billionaire Warren Buffett to retire at end of year
Omaha: Billionaire Warren Buffett shocked an arena full of shareholders Saturday by announcing that he will retire at the end of the year, bringing the curtain down on a six-decade run leading…
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DMart operator Avenue Supermarts’ net profit dips in Q4 FY25, expenses soar
New Delhi: Radhakishan Damani-founded Avenue Supermarts Ltd, which operates supermarket chain DMart, on Saturday reported a significant dip in its consolidated net profit at Rs 550.79 crore in the Q4 of FY25,…
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SBI Q4 profit declines as margins fall; expects tariffs to impact loan growth in FY26
Mumbai: State Bank of India on Saturday reported an 8.34 per cent decline in its consolidated net profit to Rs 19,600 crore for the January-March quarter compared to Rs 21,384 crore a…
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Smartphone sales up 3 pc globally in Q1, average selling price grows 1 pc
New Delhi: The global smartphone market’s revenues clocked 3 per cent annual growth in Q1 2025, according to a new report. The average selling price (ASP) grew 1 per cent (year-on-year) to…
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Outlook for rupee turns more positive as India remains attractive bet for investors
New Delhi: Given India’s strong macro fundamentals and growth prospects, it remains an attractive bet for investors and this, along with stable domestic macros and stable external position, are likely to provide…
