Business
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NRI accounts clock 43 pc jump in funds in April-December
Mumbai: The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has shot up by 42.8 per cent to $13.33 billion between April and December 2024, compared to…
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India poised to stay world’s fastest growing economy in 2025-26: RBI bulletin
Mumbai: High frequency indicators point towards a sequential pick-up in momentum of India’s economic activity during the second half of 2024-25, which is likely to sustain moving forward, according to the latest…
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Indian stock market opens lower, Nifty below 22,900
Mumbai: The Indian benchmark indices opened lower on Thursday amid mixed global cues, as selling was seen in the auto, pharma and FMCG sectors in the early trade. At around 9.37 am,…
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Adani Portfolio clocks highest ever TTM EBITDA of Rs 86,789 crore, core infra biz surges
Ahmedabad: Led by its core infrastructure business, the Adani Portfolio has delivered the highest-ever trailing-twelve-month (TTM) EBITDA of Rs 86,789 crore, the Adani Group said on Thursday. The core infrastructure businesses (utility,…
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HYDRAA demolishes wall blocking Dalits’ access to colony in Hyderabad’s Shamirpet
Hyderabad: Devarayamjal’s Dalits saw an end to their four-decade-long struggle to have a road to reach their houses, as the Hyderabad Disaster Response Assets Monitoring and Protection Agency’s (HYDRAA) Disaster Response Force…
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25 pc discount on registration of layouts under LRS in Telangana
Hyderabad: The Telangana government announced a 25 percent discount on the registration of open plots in layouts under the Layout Regularisation Scheme (LRS) of 2020, for which plot buyers have now been…
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Uber starts subscription plans for auto drivers, bins commission model
Leading ride-hailing platform Uber has shifted to a software-as-a-service (SaaS) subscription-based model for its auto drivers, from a commission-based model. A notification on the Uber app informed users that starting February 18,…
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SBI pegs India’s GDP growth at 6.3 pc for Q3 of 2024-25
New Delhi: SBI economists have pegged India’s GDP growth at 6.2-6.3 per cent for Q3 (October-December) of 2024-25 driven by buoyant demand and Capex trends along with the increase in EBIDTA and…
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Ola Electric sees dip in VAHAN registrations in Feb
New Delhi: Ola Electric Mobility Limited is expected to see a decline in VAHAN registrations for February and the company’s sales remain steady, according to the company’s exchange filing on Wednesday. The…
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Indian stock market opens lower, pharma stocks drag
Mumbai: The Indian benchmark indices opened lower on Wednesday amid mixed global cues as selling was seen in the pharma and IT sectors in the early trade. At around 9.31 am, Sensex…
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Samsung decides to cancel over USD 2 billion worth of treasury stocks
Seoul: Samsung Electronics said on Tuesday it has decided to cancel 3 trillion won ($2.01 billion) worth of treasury stocks as part of its buyback plan to enhance shareholder value. Around 50.1…
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India, Qatar ink MoUs to strengthen economic ties
New Delhi: Commerce and Industry Minister Piyush Goyal announced on Tuesday that two MoUs have been signed between the Qatari Businessmen Association (QBA) and Confederation of Indian Industry (CII) and another between…
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Indian stock market opens lower, Nifty below 22,900
Mumbai: The Indian benchmark indices opened lower on Tuesday as selling was seen in the PSU bank, metal and realty sectors in the early trade. At around 9.37 am, Sensex was trading…
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‘We borrow to build’, says FM Sitharaman
Mumbai: Finance Minister Nirmala Sitharaman on Monday said that Prime Minister Narendra Modi-led government’s “big shift in Budget-making” is ensuring a responsible approach to handling taxpayers’ money which is reflected in borrowings…
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Indian stock market opens lower, Nifty below 22,850
Mumbai: The Indian benchmark indices opened lower on Monday amid mixed global cues as selling was seen in auto, IT and PSU bank sectors in the early trade, as the upcoming reciprocal…
