Business
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Nifty hits all-time high as IT stocks lead the rally
Mumbai: Indian frontline line indices extended gains in mid-session on Wednesday due to a rally in the IT stocks. Due to the uptrend, the National Stock Exchange (NSE) benchmark Nifty made a…
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Sensex trades flat on global negative global cues
Mumbai: India equity indices were trading flat following negative global cues from Asian peers. At 9.40 a.m., Sensex was down 45 points or 0.05 per cent at 81,667 and Nifty was down…
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Over 53 crore Jan Dhan accounts opened in last 10 years: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman said on Tuesday that a total of 53.13 crore Jan Dhan accounts for the poor have been opened in the last 10 years with deposits worth…
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Zee, Sony end all disputes, $10 bn merger deal scrapped amicably
Mumbai: ZEE Entertainment Enterprises Ltd. (ZEE), and Culver Max Entertainment Pvt. Ltd. (CMEPL) operating as Sony Pictures Networks India (SPNI), together with its group company Bangla Entertainment Pvt. Ltd. (BEPL), have arrived…
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Over 40 per cent consumers use digital payment every day in Tier 3-6 cities: Report
New Delhi: More than 40 per cent of consumers in Tier 3 to 6 cities use digital payment on a daily basis, while 45 per cent claimed to use it once in…
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Musk supports California bill that aims to create guardrails around AI
San Francisco: Tesla and SpaceX CEO Elon Musk on Tuesday came out in support of a new California bill that aims to create guardrails around artificial intelligence (AI). The California “SB 1047…
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SEBI sends show-cause notices to Paytm CEO, directors over IPO irregularities
Mumbai: The Securities and Exchange Board of India (SEBI) has reportedly issued show-cause notices to Paytm Founder and CEO, Vijay Shekhar Sharma, and erstwhile board members of One 97 Communications Ltd (Paytm’s…
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AI can boost Digital Public Infra but poses challenges: RBI chief
Bengaluru: While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns…
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Nifty crosses 25,000 mark again, just 50 points away from all-time high
Mumbai: The National Stock Exchange (NSE) benchmark Nifty extended its gains after opening in the green and hit 25,000 in mid-session on Monday. It is the eighth-consecutive session when the Nifty is…
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India offers UPI as a plug-and-play system to other countries
Bengaluru: RBI Governor Shaktikanta Das on Monday offered India’s UPI system as a plug-and-play system for other countries to facilitate quicker and cheaper cross-border remittances among the community of nations. Addressing the…
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Telegram CEO’s arrest assault on basic human rights: Edward Snowden
San Francisco: US NSA whistleblower Edward Snowden on Sunday backed Telegram Founder Pavel Durov, saying his arrest is “an assault on the basic human rights of speech and association”. In a post…
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Are markets headed for a new high
New Delhi: The week gone by had plenty of action and markets built on the super booster dose of August 16, when it registered super gains of over 1,300 points on BSE…
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India’s $30 billion creative industry employs 8 pc of working population: Hardeep Puri
New Delhi: The creative industry in India now stands at $30 billion, responsible for the employment of nearly 8 per cent of the country’s working population, Union Petroleum Minister Hardeep Singh Puri…
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India’s 1st reusable hybrid rocket ‘RHUMI-1’ launched
New Delhi: Tamil Nadu-based startup Space Zone, in collaboration with the Martin Group on Saturday successfully launched India’s first reusable hybrid rocket ‘RHUMI-1’. RHUMI-1, carrying 3 Cube satellites and 50 PICO satellites…
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US rate cut announcement: Indian markets set to respond positively
Mumbai: Buoyed by positive US economic data and other global cues, the Indian stock markets continued their recovery rally this week. With the US government now confirming a rate cut (most likely…
