Business
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BharatPe hits $20 bn in annualised TPV, leaves Ashneer saga behind
New Delhi: Fintech platform BharatPe on Friday said it has reached an all-time high of $20 billion in annualised total payments value (TPV), expanding its footprint to 400 towns and cities, as…
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Adani group rejects NDTVs assertion of Sebi nod needed for share acquisition
New Delhi: Adani group on Friday rejected NDTV’s assertion that Sebi approval is necessary to acquire interests in RRPR, saying the promoter entity is not a part of the regulator’s order that restrained…
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Indian-origin Twitter VP of engineering departs to join Meta
San Francisco: Senior Indian-origin Twitter executive Sandeep Pandey, vice president of engineering, is leaving the Parag Agrawal-led platform after more than a decade to join Meta (formerly Facebook). According to an Insider…
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Sensex gains over 500 pts in early trade; Nifty above 17,650
Mumbai: Equity benchmark Sensex climbed over 500 points in early trade on Friday, tracking gains in index-heavyweights Titan, Wipro and Infosys amid a firm trend in global markets. Foreign fund inflows into…
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TN joins other states to help achieve Centre’s target of $5 trillion economy
New Delhi: As several states have lined up strategies to make India a $5 trillion economy by 2026-27, Tamil Nadu — one of the most developed states of the country — has…
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Rupee rises 6 paise to 79.86 against US dollar in early trade
Mumbai: The rupee appreciated 6 paise to 79.86 against the US dollar in opening trade on Friday, driven by foreign fund inflows and a firm trend in domestic equities. At the interbank…
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Edible oil producers asked to declare net quantity in volume without temp
New Delhi: The Centre on Thursday advised the Edible Oil Manufacturers and importers to declare net quantity on edible oil in volume without temperature in addition to declaring the same in weight. The…
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Flexible workplaces are the need for future: PM Modi
New Delhi: Prime Minister Narendra Modi on Thursday said the future needs flexible workplaces, a work-from-home ecosystem and flexible work hours, adding that these should be used as opportunities for women’s labour…
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Credit growth outpaced deposit growth of banks in June: RBI
Chennai: Credit growth outpaced deposit growth for commercial banks in June, the Reserve Bank of India (RBI) said in its quarterly statistics on deposit and credit of commercial banks for June 2022…
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Saudi records highest oil exports in its history during June 2022
Riyadh: The Kingdom of Saudi Arabia’s oil exports during the month of June on an annual basis jumped by 94.1 per cent, to reach about 117.7 billion riyals (about 31.32 billion dollars),…
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Rupee ends 7 paise higher at 79.88 against US dollar
Mumbai: The rupee ended 7 paise higher at 79.88 against the US dollar on Thursday. At the interbank foreign exchange market, rupee ended at 79.88 against the US dollar, as against 79.81…
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NSE case: Delhi court reserves order on Chitra Ramkrishna’s bail plea
New Delhi: A Delhi court on Thursday reserved its order on the bail plea of National Stock Exchange’s (NSE) former CEO and MD Chitra Ramkrishna, who was arrested in connection with a…
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RBI lifts business curbs imposed on American Express Banking Corp
Mumbai: The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Banking Corp due to the satisfactory compliance demonstrated by the entity to RBI rules, the central…
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Rupee ends 5 paise lower at 79.81 against US dollar
Mumbai: The rupee ended 5 paise lower at 79.81 against the US dollar on Wednesday on the back of foreign investor inflows and corporate flows, dealers said. At the interbank foreign exchange…