Business
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RBI to use shredded banknotes in making particle boards
Mumbai: To make banknote disposal more environment-friendly, the Reserve Bank will use shredded banknotes for making particle boards and has started a process to empanel board manufacturers, according to its annual report…
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Rupee declines 10 paise to settle at 85.48 against US dollar
Mumbai: The rupee declined 10 paise to close at 85.48 (provisional) against the US dollar on Thursday due to a strong American currency against major crosses overseas and rising global crude oil…
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Rupee settles 2 paise higher at 85.38 against US dollar
Mumbai: The rupee consolidated in a narrow range and settled for the day higher by just 2 paise at 85.38 against the American currency in a volatile trade on Wednesday, amid a…
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Hindenburg report: Ex-SEBI chief Madhabi Puri Buch given clean chit
New Delhi: Anti-corruption ombudsman Lokpal on Wednesday disposed of complaints alleging impropriety and conflict of interest against former SEBI chief Madhabi Puri Buch based on a Hindenburg Research report, terming the charges…
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India’s data centre capacity to cross 4,500 MW by 2030
Bengaluru: India’s data centre (DC) market capacity across top seven cities is expected to cross 4,500 MW by 2030, attracting investments to the tune of $20-25 billion the next 5-6 years, a…
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Indian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened marginally lower on Wednesday amid mixed global cues as selling was seen in the FMCG and auto sectors in the early trade. At around 9.26 am,…
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Rupee falls 30 paise to 85.40 against US dollar
Mumbai: The rupee retreated from a two-day surge and depreciated 30 paise to settle at 85.40 against the US dollar on Tuesday, tracking a recovery in American currency index, negative domestic equity…
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LIC clocks 38 pc jump in Q4 net profit at Rs 19,013 Crore
Mumbai: The Life Insurance Corporation of India on Tuesday reported a 38 per cent jump in net profit to Rs 19,013 crore for the January-March quarter of the financial year 2024-25 compared…
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Indian stock market opens in red amid weak Asian cues, IT stocks drag
Mumbai: The Indian benchmark indices opened lower on Tuesday amid weak Asian cues, as selling was seen in the IT, auto, financial services and pharma sectors in the early trade. At around…
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Trump’s tariffs launched global trade wars, a timeline of how we got here
New York: Volley after volley of new tariffs from US President Donald Trump have plunged the country into trade wars abroad, creating uncertainty for businesses and households. Trump is no stranger to…
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India’s coal sector makes seismic shift as production jumps 70 pc in 11 years: Kishan Reddy
New Delhi: Once dismissed as a corruption-laden, bloated, and an inefficient monolith, India’s coal and mines sector has undergone a seismic shift over the last decade with a 70 per cent leap…
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Gold prices drop in Dubai: 24-carat now at Dh 403.75 per gram
Dubai: Gold prices in Dubai, United Arab Emirates (UAE), dropped by Dirham 1 per gram at the opening of the markets on Monday, May 26. According to the Dubai Jewellery Group, the price of 24-carat…
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Zepto CEO accuses rival company’s CFO of targeting them with a smear campaign
New Delhi: Aadit Palicha, the CEO and Co-founder of quick delivery platform Zepto, has alleged that the chief financial officer (CFO) of a rival company is running a smear campaign against them…
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Indian stock market opens higher, Sensex surges 640 points
Mumbai: The domestic benchmark indices opened higher on Monday as India achieving a new high in the world’s largest economy ranking boosted investors’ sentiment. At around 9.32 am, Sensex was trading 640.3…
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Earnings, GDP data, global cues and other factors to drive stock markets next week
Mumbai: The Indian stock market is expected to remain volatile next week, with several key events lined up that could influence investor sentiment. Investors will closely track the final batch of March…
