Business
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FPIs becomes net sellers in Indian equity market in July
New Delhi: As foreign portfolio investors (FPIs) became net sellers in the Indian equity market in July, analysts said on Sunday that continuous FPI inflows can be expected once global trade tensions…
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Musk’s Tesla fined over USD 240 million in ‘Autopilot’ crash case
San Francisco: A jury in the United States has ordered electric car-maker Tesla to pay over $240 million to victims of a 2019 crash that was allegedly caused by the company’s faulty…
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No halt in Russian oil purchases, says India amid Trump’s claim
New Delhi: After US President Donald Trump claimed that India has stopped purchasing Russian oil, government sources on Saturday clarified there is no such pause on the oil imports from Russia. According…
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Trump delays new tariffs, fueling uncertainty over global trade
Washington: For weeks, President Donald Trump was promising the world economy would change on Friday with his new tariffs in place. It was an ironclad deadline, administration officials assured the public. But…
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UPI payments hits record in July; NPCI rolls out new rules
Transactions via the Unified Payments Interface (UPI) touched a record high of 19.47 billion in July. The transaction value stood at Rs 25.08 lakh crore, the second-highest ever recorded, according to data…
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India’s forex reserves rise by USD 2.7 bn to USD 698.19 billion
Mumbai: India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday.…
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US slaps 25pc tariff on India; half of exports hit including gems & textiles
New Delhi: The US on Friday slapped a 25 per cent tariff on India, potentially impacting about half of the USD 86 billion Indian exports to America, while the other half, including…
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PNB Housing Finance stock tanks 16 pc
Mumbai: After the PNB Housing Finance board approved resignation of its MD and CEO Girish Kousgi, the company’s shares fell by 16 per cent during the intra-day trade on Friday. The shares…
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Explainer: How will Trump’s tariff affect Indian economy
New Delhi: US President Donald Trump on Wednesday announced the imposition of a 25 percent additional import duty plus penalty on goods imported from India. The duty will come into effect from…
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Day after imposing tariff, Trump calls Indian economy ‘dead’
Washington: US President Donald Trump once again mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their “dead economies down together”.…
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India now imports 35pc Russian oil as US readies 25pc tariff plus penalty
Washington: From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India’s reliance on Russian oil has surged — drawing fresh scrutiny…
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Telangana Housing Board sells acre land in KPHB to ICAI for 65.34 cr
Hyderabad: The auction held for an acre open commercial land by the Telangana Housing Board has fetched Rs 65.34 crore to the state government. The auction was conducted for Plot number 1…
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Trump announces 25 pc tariff on Indian goods starting August 1
Washington: US President Donald Trump has announced a 25 percent tariff on India from August 1, amid signs of some stalemate in the ongoing negotiations between the two countries on a bilateral…
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DGCA audit lists around 100 violations, observations related to Air India
Mumbai: Aviation safety regulator Directorate General of Civil Aviation has come across around 100 violations and observations related to Tata Group-owned Air India’s training, crew’s rest and duty period norms, and airfield…
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Top 18 Indian states to see an uptick of 7-9 pc in revenue growth this fiscal: Report
New Delhi: Revenue growth of India’s 18 largest states, which account for over 90 per cent of the gross state domestic product, is likely to witness a uptick at 7-9 per cent…
