Business
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Bank of India cuts lending rate after RBI’s repo rate reduction
Mumbai: The Bank of India (BOI) on Friday reduced its repo-based lending rate (RBLR) by 50 basis points, bringing it down from 8.85 per cent to 8.35 per cent. This move follows…
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Adani Group contributes Rs 74,945 crore tax in FY25, up 29 pc
Ahmedabad: The Adani Group’s total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore in fiscal year 2025, from Rs 58,104 crore in FY24, through its portfolio of…
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Indian stock market opens in green amid mixed global cues
Mumbai: The domestic benchmark indices opened higher on Thursday amid mixed global cues, as buying was seen in the pharma, auto and IT sectors in the early trade. At around 9.29 am,…
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Domestic occupiers capture 46 pc of office leasing in India since 2022: Report
Mumbai: Indian firms have significantly increased their footprint in the commercial real estate market, with domestic occupiers accounting for 46 per cent of gross leasing activity since 2022 — up from 35…
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Smaller cities to drive India’s quick commerce market to $57 billion by 2030
New Delhi: Riding on a surge in online orders in smaller cities and towns, India is likely to see its quick commerce (QC) total addressable market (TAM) reach $57 billion by 2030,…
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Oil India commences natural gas production from Bakhri Tibba block in Jaisalmer
Jaisalmer: Government owned Oil India Ltd (OIL) has commenced natural gas production from the Bakhri Tibba block, located in the desert belt near the India-Pakistan border in Rajasthan’s Jaisalmer district. The commencement…
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Another RBI rate cut to spark affordable real estate momentum: Experts
New Delhi: As the Reserve Bank of India (RBI) prepares for its monetary policy committee (MPC) meeting this week, industry experts said on Tuesday that the transmission of rate cuts into lower…
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Sensex, Nifty open a tad lower amid consolidation phase
Mumbai: Indian equity indices opened a tad lower on Tuesday as heavyweights like L&T and Bajaj Finance were trading in the red. At 9:24 am, Sensex was down 152 points or 0.19…
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RBI MPC may cut repo rate on June 6 as inflation cools: Analysts
New Delhi: As the RBI’s Monetary Policy Committee (MPC) is set to meet later this week, analysts on Monday expected the Central Bank to go for a third consecutive rate cut of…
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Nifty, Sensex open lower amid negative global cues
Mumbai: The Indian stock market opened in the red on Monday following negative cues from the global markets. At around 9:18 am, Sensex was down 676.86 points or 0.83 per cent at…
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Elon Musk’s father Errol arrives in India, to witness green tech & EV growth
New Delhi: Elon Musk’s father Errol Musk, Global Advisor to Servotech Renewable Power System Ltd, arrived in India on Sunday. He is scheduled to visit Servotech’s manufacturing plant with other high-level engagements,…
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Set to invest $15-20 bn across businesses in next 5 years: Adani
New Delhi: Adani Group is set to invest $15-20 billion over the next five years across businesses, the company’s Chairman Gautam Adani has said, touting the Group’s strong balance sheet and robust…
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Piyush Goyal commences official visit to France, Italy to boost economic ties
New Delhi: Union Minister of Commerce and Industry, Piyush Goyal, on Sunday commenced his official visit to France and Italy, reflecting India’s continued commitment to deepening strategic and economic ties with key…
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CM Naidu eyes 15 per cent economic growth for Andhra Pradesh
New Delhi: India is on the cusp of becoming the world’s third-largest economy, and Andhra Pradesh is ready to lead from the front, Chief Minister Chandrababu Naidu said on Friday. In his…
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DGCA grants IndiGo 3-month extension for Turkish airlines lease
Mumbai: Aviation watchdog DGCA on Friday granted a one-time final extension of three months to IndiGo on damp leasing of two Boeing 777 aircraft from Turkish Airlines till August 31 to avoid…
