Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Foreign exchange reserves fall USD 2.33 bln to USD 590.70 bln
Mumbai: The country’s foreign exchange reserves declined further by USD 2.335 billion to USD 590.702 billion for the week ended September 22, the Reserve Bank said on Friday. In the previous reporting…
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Amazon Great Indian Festival starts Oct 8 with early access to Prime members
New Delhi: Amazon has announced that the ‘Amazon Great Indian Festival’ (GIF) will start from October 8, with 24 hours of early access for Prime members. Customers will also get early access…
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Fortnite maker Epic Games laying off 16% of its workforce
San Francisco: Fortnite game developer Epic Games on Thursday announced to lay off 16 per cent percent of its employees, impacting nearly 870 people. Epic CEO Tim Sweeney sent an email to…
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Google opens generative AI search experience to teens
New Delhi: Google has announced that it is opening its generative AI search experience to teenagers in the US — specifically those aged 13 to 17 so that they can benefit from…
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Sellers expect 15% jump in festive sales this year, ramp up ad spend
Bengaluru: After a rocky first three quarters this year, online sellers, especially small ones, expect at least a 15 per cent jump in festive sales year-on-year, with the median growth figure of…
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US stocks sink amid brutal sell-off in Sep, but bond yields reach highest rate
New York: Major US stocks dipped following a continued brutal sell-off in September as bond yields rose to a new 16-year high. US stocks moved further lower on Thursday as sell-off continued…
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Sunak’s wife Akshata Murty decides to liquidate investment venture in UK
London: British Prime Minister Rishi Sunak’s wife Akshata Murty has decided to liquidate her investment company Catamaran Ventures UK Ltd, according to official company filings with the UK’s Companies House this week.…
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India’s external debt edges past $629 billion
New Delhi: India’s external debt rose by $4.7 billion in the April-June quarter to touch the USD 629.1 billion mark, although the debt-GDP ratio declined, RBI data released on Thursday showed. “The…
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Adobe Photoshop now available on web
New Delhi: Software major Adobe on Thursday released ‘Photoshop’ on the web as part of all Photoshop plans with a seven-day free trial. “With this release, we are starting with a focus…
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ChatGPT can now browse the web to provide info in real time
San Francisco: Microsoft-owned OpenAI has announced that its AI chatbot ChatGPT can once more browse the web for current information, providing answers taken directly from “current and authoritative” sources, which it cites…
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iPhone 15 Pro Max redefines luxury in a smartphone with top-notch features
New Delhi: The iPhone Pro Max series has always been a dream for millions of Indians to own and flaunt it in their circles, and a high price point only justifies what…
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Samsung launches special pricing on select Galaxy M, Galaxy F smartphones
New Delhi: Samsung on Thursday announced special pricing on select smartphones from its Galaxy M and Galaxy F series. Consumers can now purchase Galaxy M04 and Galaxy F04, starting Rs 6,499, the…
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X will be profitable in 2024 as advertisers return: CEO Linda Yaccarino
San Francisco: X CEO Linda Yaccarino has asserted that the company formerly known as Twitter will be profitable by early 2024, adding that the platform may now have 200-250 million daily active…
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Central government to sell 50-year bonds for first time
New Delhi: The Central government for the first time will sell 50-year bonds to meet the demand for longer dated securities from the country’s life insurance and pension fund segments. This comes…
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Mobile phone exports from India cross Rs 45,000 cr in April-Aug period, Apple leads
New Delhi: In a fillip to ‘Make in India’ initiative, India saw mobile phones exports worth $5.5 billion (over Rs 45,000 crore) in the April-August period in the ongoing fiscal year (FY24),…
