Business
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Experts warn tobacco tax hike may boost smuggling, hit revenue
New Delhi: An unprecedented tax hike, coupled with a new excise duty structure on tobacco, could lead to a surge in illicit trade of cigarettes and result in significant tax revenue losses…
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US-Venezuelan conflict not to impact India’s trade: GTRI
New Delhi: The US-Venezuela conflict will have a negligible impact on India’s trade with the South American country, think tank Global Trade Research Initiative (GTRI) said on Sunday. On January 4, American…
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FPIs pull out Rs 7,608 cr from equities in just 2 days of Jan
New Delhi: Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing Rs 7,608 crore (USD 846 million) from Indian equities in the…
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Mcap of 7 of top-10 most valued firms surges Rs 1.23 lakh cr
New Delhi: The combined market capitalisation of seven of the top-10 most-valued firms surged Rs 1,23,724.19 crore last week, in line with an optimistic trend in equities, with Reliance Industries stealing the…
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India likely to outperform global markets in 2026
Mumbai: Sharing his annual outlook for the new year, S Naren, Executive Director and Chief Investment Officer at ICICI Prudential Mutual Fund said 2025 turned out to be a “year of hibernation”…
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EV penetration in luxury car segment dips in GST 2.0 era
New Delhi: Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering…
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Gig model doesn’t pressure riders: Deepinder Goyal
Amid the debate on gig workers’ payouts and working conditions, Eternal Founder and CEO Deepinder Goyal said this model does not pressure riders, and flexible schedules and welfare benefits make gig work…
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Bank credit to industry rises 9.6 pc in Nov: RBI data
Mumbai: Bank credit to industry grew at a faster pace of 9.6 per cent in November 2025 as against 8.3 per cent in the same month of the preceding year, according to…
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India’s forex reserves jump USD 3.293 bln to USD 696.61 bln
Mumbai: India’s forex reserves jumped by USD 3.293 billion to USD 696.61 billion in the week to December 26, the RBI said on Friday. The overall kitty had increased by USD 4.368…
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Maruti Suzuki clocks record annual production of 22.55 lakh units in 2025
Maruti Suzuki India Ltd on Friday said it has clocked a record annual production of 22.55 lakh units in calendar year 2025, a growth of 9.3 per cent over the previous year.…
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‘Oracle of Omaha’ Warren Buffett retires as Berkshire Hathaway CEO
After nearly six decades at the helm of Berkshire Hathaway, American investor and philanthropist Warren Buffett has stepped down as its Chief Executive Officer (CEO), handing over charge to his successor and…
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Stock market ends first trading session of 2026 on flat note
Equity benchmark indices Sensex and Nifty ended flat on the first trading session of 2026, as massive selling in ITC stocks and foreign fund outflows diminished the initial enthusiasm. The 30-share BSE…
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Commerical LPG cylinder rates hiked by Rs 111 from Jan 1
New Delhi: Starting from January 1, the price of commercial LPG has risen by Rs 111 per cylinder across all major cities, making it the highest hike since June last year. With…
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Ola Electric signals business turnaround in Dec 2025
New Delhi: Ola Electric on Thursday reported vehicle registrations of 9,020 units in December as per VAHAN data, with increased market share to 9.3 per cent in December over 7.2 per cent…
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Stock market starts 2026 on positive note; Sensex climbs over 200 points
Mumbai: Equity benchmark indices Sensex and Nifty began the first trading session of 2026 on an optimistic note supported by steady buying by domestic institutional investors and strong gains in blue-chip Reliance…
