Business
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Finance ministry to kick-start budgetary exercise from October 10
New Delhi: The finance ministry will kick-start the exercise to prepare the annual budget for 2023-24 from October 10 in the backdrop of revival of the Indian economy and fears of recession…
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Rupee declines 13 paise to 79.95 against US dollar on rate hike worries
Mumbai: The rupee declined by 13 paise to close at 79.95 against the US currency on Wednesday as growing expectations of aggressive interest rate hikes by the US Fed drove the greenback…
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Maruti Suzuki to spread awareness about safety aspects
Kolkata: Country’s largest car maker Maruti Suzuki will spread awareness about the safety features and address the issues also through its driving schools, a senior company official said on Wednesday. After the…
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Sensex, Nifty trim losses; IT stocks rebound
Mumbai: The Indian stock market’s key indices, Sensex and Nifty, trimmed their losses in the afternoon session on Wednesday helped by a rebound in IT and infra stocks. The 30 stock S&P…
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Indian stocks decline in early trade on likely further rate hikes in US
New Delhi : Indian stocks started Wednesday’s trade on a negative primarily due to a lack of any positive cues coupled with a strong likelihood of aggressive rate hikes in the US…
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No bids invited for running passenger trains on PPP mode: Railways
New Delhi: The Ministry of Railways on Tuesday said it has no plans to invite bids for running passenger trains on Public Private Partnership (PPP) mode. A news item published in a…
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Gold gains Rs 107; silver jumps Rs 563
New Delhi: Gold rose by Rs 107 to Rs 51,092 per 10 gram in the national capital on Tuesday amid depreciation in the rupee, according to HDFC Securities. In the previous trade,…
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Canara Bank raises benchmark lending rate by up to 0.15%
New Delhi: Canara Bank on Tuesday said it has hiked the benchmark MCLR by up to 0.15 percent, a move that will make loans costlier. The revised marginal cost of funds-based lending…
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US to probe Amazon over its iRobot, One Medical acquisitions
San Francisco: E-commerce giant Amazon is facing larger scrutiny by the US Federal Trade Commission (FTC) into its latest proposed acquisitions of robot vacuum maker iRobot and 1Life Healthcare, which operates primary…
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Apple set to produce 85% iPhones in India in big push for govt’s local push
New Delhi: Buoyed by the ease-of-doing business and friendly local manufacturing policies, Apple’s ‘Make in India’ iPhones will potentially account for close to 85 per cent of its total iPhone production for…
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Wipro GE Healthcare launches its first ‘Made in India” AI enabled Cath lab’
Bengaluru: AGE Healthcare, a leading global medical technology, diagnostics and digital solutions innovator, GE Healthcare on Tuesday announced the launch of its first ‘Made in India’, ‘AI-powered’ Cath lab – Optima IGS…
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realme to give attractive offers worth Rs 700 crore this festive season in India: Madhav Sheth
New Delhi: As India enters the festive season, global tech brand realme on Tuesday said it will give offers worth Rs 700 crore during its festive sales and the offers will be…
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Reliance Industries to acquire majority stake in US-based SenseHawk
New Delhi [India], September 6 (ANI): Reliance Industries has signed agreements to acquire a majority stake of 79.4 per cent in SenseHawk, a service provider for the solar energy generation industry. Founded…
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Rupee has held its own despite sharp depreciation in other currencies: RBI Governor
New Delhi: Despite extreme volatility in global stock markets, especially after US Federal Reserve chairman Jerome Powell’s Jackson Hole symposium remarks last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said…