Business
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Forex kitty drops USD 5.40 billion to USD 643.16 billion
Mumbai: India’s forex reserves dropped by USD 5.401 billion to USD 643.162 billion for the week ended April 12, the Reserve Bank said on Friday. The overall reserves increased by USD USD…
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5-month-old grandson of Infosys’ Narayana Murthy gets richer by Rs 4.2 crore
New Delhi: Ekagrah Rohan Murty, the five-month-old grandson of Infosys founder N. R. Narayana Murthy, is set to get richer by at least Rs 4.2 crore as the IT bellwether announced final…
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Rupee falls 6 paise to 83.58 against US dollar in early trade
Mumbai: The rupee depreciated 6 paise to 83.58 against the US dollar in early trade on Friday, weighed down by a negative trend in domestic equities and elevated crude oil prices. Forex…
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Infosys’ full-year employee strength drops for 1st time in 23 years
Bengaluru: The full-year headcount at IT major Infosys declined for the first time in nearly 23 years, by 25,994 in the financial year 2023-24. The full financial year headcount was 317,240 —…
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Markets rebound in early trade after three days of decline
Mumbai: Equity benchmark indices rebounded in early trade on Thursday after falling for the past three days amid a rally in Asian markets along with buying in index majors State Bank of…
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Rupee rises 12 paise to 83.49 against US dollar in early trade
Mumbai: The rupee rebounded from its all-time low levels and appreciated 12 paise to 83.49 against the US dollar in early trade on Thursday, supported by a firm trend in domestic equities…
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Apple, CleanMax join hands to boost renewable energy adoption in India
New Delhi: Renewable energy company CleanMax on Wednesday said that it has partnered with Apple to accelerate renewable energy adoption in India. As part of the collaboration, CleanMax has successfully installed 14.4…
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India’s net oil import bill drops 16% but import dependency hits new high
New Delhi: India’s crude oil import dropped 16 percent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official…
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Working towards ambitious deal with India, says UK as FTA talks resume
London: The UK government on Tuesday said that it continues to work towards striking an “ambitious” trade deal with India as a negotiating team from Delhi resumed talks with their British counterparts…
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Rupee plunges 17 paise to hit lowest level of 83.61 against USD
Mumbai: The rupee plunged 17 paise to hit its lowest level of 83.61 against the US dollar for the second time in four weeks on Tuesday, tracking negative equity markets and a…
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ZEE withdraws merger implementation application from NCLT, to pursue claims against Sony
Mumbai: Zee Entertainment Enterprises (ZEE) has decided to withdraw a merger implementation application filed before the Mumbai branch of the National Company Law Tribunal (NCLT). The application was filed by ZEE on…
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Zomato introduces ‘large order fleet’ for gatherings of up to 50 people
New Delhi: Online food delivery platform Zomato on Tuesday introduced a ‘large order fleet’ to serve orders for a gathering of up to 50 people. Zomato Co-founder and CEO Deepinder Goyal made…
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Gold prices firm up amid rising Iran-Israel tensions
New Delhi: Gold prices recorded an increase on the Multi Commodity Exchange (MCX) on Tuesday as escalating tensions between Iran and Israel have driven up the demand for the safe-haven asset. Gold…
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Govt hikes windfall tax on crude oil; ONGC & OIL to take hit
New Delhi: The Government has hiked the windfall tax on crude oil to Rs 9,600 per metric ton with effect from Tuesday from Rs 6,800 earlier, as part of its fortnightly revision.…