Business
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Indian share market opens lower, auto and IT stocks drag
Mumbai: The Indian stock market opened in red on Monday as selling was seen in Nifty’s auto, IT, PSU Bank, pharma and metal sectors. At around 9:32 am, Sensex was trading at…
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Rs 71,889 crore released to states under various heads for FY25 till now: Centre
New Delhi: The government on Sunday said that based on the recommendations of 15th Finance Commission (XV-FC), Rs 71,889 crore has been released to the states under various heads for FY 2024-25.…
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Market Outlook: US Fed policy, FII data and global cues key triggersfor next week
Mumbai: A blend of global and domestic factors will influence the stock market outlook for next week. On the global front, particularly the performance of US markets and the Fed’s monetary policy…
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UPI transactions surge to Rs 223 lakh crore in Jan-Nov
New Delhi: The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, ‘showcasing its transformative impact on financial transactions’ in India,…
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40 Indian startups secure over $787 million in funding this week
New Delhi: In a significant week for the Indian startup ecosystem, nearly 40 startups secured more than $787 million in funding as the economy remained resilient amid the geo-political conditions. These deals…
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Zepto’s expenses surge over 71 pc in FY24, losses at Rs 1,248 cr
New Delhi: Blinkit’s rival Zepto saw its expenses surge a whopping 71.6 per cent to Rs 5,747 crore in the last financial year (FY24), as the company clocked Rs 1,248.6 crore in…
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India’s growth on resilient trajectory, equity markets in consolidation phase
Mumbai: India’s economic momentum is expected to recover in the second half of FY25, driven by a rebound in government capex post-elections, recovery in rural consumption, and on the back of festive…
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Zomato gets GST demand notice of Rs 803 crore
Mumbai: Food delivery and quick commerce services provider Zomato has received a tax demand notice of Rs 803 crore from the Goods and Services Tax (GST) department. In a stock exchange filing,…
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RBI receives IED threat for its South Mumbai building
Mumbai: The Reserve Bank of India has received a threat email claiming that an improvised explosive device (IED) has been planted in its building in south Mumbai, a police official said on…
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Rupee recovers from all-time low against US dollar in early trade
Mumbai: The rupee saw some recovery from its all-time low level and appreciated 5 paise to 84.83 against the US dollar in early trade on Friday on the back of favourable domestic…
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Indian share market opens in red amid selling across sectors
Mumbai: The Indian stock market opened in red on Friday as selling was seen in Nifty’s all sectors in early trade. At around 9:29 am, Sensex was trading at 80,840.9 after declining…
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Retail inflation eases as food prices moderate
New Delhi: Retail inflation declined in November to 5.48 percent and came within Reserve Bank’s comfort zone mainly due to easing food prices, creating headroom for a rate cut at the central…
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USD 60 billion investment flowed into India’s Data Centre market: Report
New Delhi: India’s burgeoning Data Centre market has attracted USD 60 billion from both domestic and international investors between 2019-2024 and given the current growth curve is expected to surpass USD 100…
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Meta platforms face major outages: Facebook, Instagram, & WhatsApp down
Mumbai: Thousands of users worldwide reported outages on Meta Platforms’ services, including Facebook, Instagram, Threads, and WhatsApp, on December 11. According to Downdetector, over 50,000 users reported issues with Facebook, where many…
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Apple Intelligence now features Image Playground, Genmoji, ChatGPT support
Cupertino: Apple on Wednesday announced the release of iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2, with a new set of Apple Intelligence features that will elevate users’ experience with iPhone, iPad,…
