Business
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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.…
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Markets continue to slump on fears of escalating tensions in Middle East
Mumbai: Equity benchmark indices continued to slump in early trade on Tuesday on fears of escalating tensions in the Middle East and weak global trends. Foreign fund outflows and uptick in Brent…
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New X users will need to pay for posting: Elon Musk
New Delhi: In a dampener for new X users, Elon Musk has announced they may be charged for posting content on the social platform. In reply to an X user, the Tesla…
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Banks must provide simple KFS to borrowers on terms of loans: RBI
Mumbai: The RBI on Monday directed all banks and housing finance companies to provide ‘key fact statements’ (KFS) in simple terms to the prospective borrowers on the loans and interest that they…
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Musk’s Tesla announces to cut over 10% of its global workforce
San Francisco: Elon Musk-run Tesla has announced to lay off more than 10 per cent of its global workforce in an internal company-wide email, a media report said on Monday. In the…
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Equities slump amid geopolitical tensions
Mumbai: The Sensex plunged more than 800 points on Monday amid growing tensions in the Middle East. While the Sensex fell 845 points, or 1.14 per cent, to end at 73,399.78, the…