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  EaseMyTrip CEO Nishant Pitti defends flight booking suspension

  January 16, 2024 15:02 IST

  Nishant Pitti said that some users accused EaseMyTrip of fueling the India-Maldives row and that the company would have taken the same decision regardless of the ruling government in India.

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  Budget 2024: Key terms you should know before the announcement

  February 01, 2024 10:27 IST

  Union Budget 2024: The budget is expected to include various financial indicators, including inflation, fiscal deficits, capital expenditures, revenue receipts, bad loans, and more.

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  Jyoti CNC Automation shares make market debut, list at 12 per cent premium

  January 16, 2024 11:24 IST

  The initial public offering of Jyoti CNC Automation consisted entirely of a fresh issue of equity shares worth up to Rs 1,000 crore, with a price band of Rs 315-331 per share.

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  Jio Financial plunges nearly 6 per cent as Q3 net profit declines 56 per cent QoQ to Rs 293.82 crore

  January 16, 2024 11:07 IST

  Jio Financial Services' net profit during the nine-month period rose from Rs 32.25 crore to Rs 1,293.92 crore, while revenue increased from Rs 41.63 crore during the year ending March 2023 to Rs 1,435.78 crore in December 2023.

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  Stock markets updates: Sensex, Nifty open marginally lower a day after hitting record high

  January 16, 2024 13:37 IST

  Stock markets: In the early trade, the 30-share BSE Sensex fell around 227 points to 73,101.01. Meanwhile, the Nifty also saw a decline of 68 points to begin on a quiet note.

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  Over 24 crore Indians moved out of multidimensional poverty in last nine years: NITI Aayog 

  January 16, 2024 11:24 IST

  As per the report, multidimensional poverty in India fell from 29.17 per cent in 2013-14 to 11.28 per cent in 2022-23, declining by 17.89 per cent.

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  Ram temple consecration to generate Rs 1 lakh crore worth of business: Report

  January 15, 2024 17:13 IST

  The markets are witnessing a surge in demand for Shri Ram flags, banners, caps, t-shirts, and printed 'kurtas' with the image of the Ram temple. There is a growing demand for models of the Ram Mandir, with projections indicating the sale of over 5 crore models throughout the country.

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  Rupee climbs 6 paise to 82.89 against US dollar as markets hit record highs 

  January 15, 2024 16:26 IST

  The positive momentum over the past nine sessions has seen the rupee gain 48 paise since January 2, when it was at 83.32 against the dollar.

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  Sensex surges by 759 points to cross 73,000 mark, Nifty rises 202 points to 22,097

  January 15, 2024 15:53 IST

  The BSE Sensex rose by 1.05 per cent, reaching 73,327.94, while the Nifty was 202 points, or 0.93 per cent higher at 22,097.50. The market breadth reflected this movement, with 1787 shares advancing, 1609 shares declining, and 78 shares remaining unchanged.

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  Wholesale inflation increases to 0.73 per cent in December on rising food prices

  January 15, 2024 13:15 IST

  The positive inflation rate in December is attributed to higher prices of food articles, machinery and equipment, other manufacturing goods, other transport equipment, and computer, electronics, and optical products, among others.

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  Budget 2024: Pharma industry seeks incentives to boost R&D, eyes USD 400-450 billion market size

  January 15, 2024 12:27 IST

  The pharmaceutical industry aims to reach $120-130 billion by 2030 and further elevate to $400-450 billion by 2047 by calling for increased focus on innovation and expedited research and development efforts.

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  Rupee rises 18 paise to 82.77 against US dollar amid market rally

  January 15, 2024 11:28 IST

  The dollar index, which gauges the strength of the greenback against a basket of six currencies, stood at 102.35, while the global oil benchmark, Brent crude, was priced at USD 78.54 per barrel.

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  Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY

  January 15, 2024 11:16 IST

  Wipro's revenue from its IT business fell by 1 per cent  and stood at Rs 22,151 crore, while its earnings before interest and tax margin for its IT business stood at 16 per cent.

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  Artificial Intelligence to impact about 40 per cent jobs globally: IMF

  January 15, 2024 10:55 IST

  Artificial intelligence is likely to exacerbate overall inequality, and more productivity from high-income workers and companies would boost capital returns, widening the wealth gap, said IMF Managing Director Kristalina Georgieva.

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  Stock markets: Sensex breaches 73,000-mark for first time, Nifty goes past 22,000 in early trade

  January 15, 2024 10:23 IST

  Stock market indices achieved new milestones on Monday, with the BSE Sensex reaching a record high and the NSE Nifty surpassing the 22,000 mark for the first time.

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  IndiGo announces direct flights between Mumbai-Ayodhya from January 15

  January 14, 2024 23:58 IST

  IndiGo's move came after it began flight operations between Ayodhya and Delhi on December 13.

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  India's emergence as economic prowess attract foreign investments in equity market

  January 14, 2024 22:53 IST

  India's robust economic growth and investor-friendly policies position it as an attractive emerging market, drawing foreign investments despite global challenges. FDI is expected to rise in 2024, driven by healthy macroeconomic indicators and production-linked incentive schemes.

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  Smallcap stock bags export orders as strong demand steers pharma industry towards paradigm shift

  January 14, 2024 22:01 IST

  A smallcap pharma sector stock, Evoq shares made its debut on BSE SME in March 2022. It offers a wide range of pharmaceutical formulation products.

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  Budget 2024: Realty sector wants industry status from Modi government

  January 14, 2024 20:15 IST

  The Indian real estate market is poised for robust growth, backed by supportive government policies aimed at affordability and sustainability. Developers advocate for lower lending rates in the affordable segment and an expanded definition of affordability.

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  Masur production estimated to touch record 1.6 mn tons this rabi season: Govt

  January 13, 2024 14:48 IST

  India imports some pulses to meet the domestic shortages. The country is the world's largest producer and consumer of pulses.

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  Budget 2024: Here's what you can expect from this year's interim budget announcement

  January 12, 2024 18:50 IST

  The interim budget to be presented by Union Finance Minister Nirmala Sitharaman is expected to feature fiscal measures, including potential tax reductions, aimed at tackling rising prices and addressing ongoing inflationary trends.

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  Emerging markets cannot afford 'crypto mania', says RBI governer as ETFs begin trading in US

  January 12, 2024 18:17 IST

  Several exchange-traded funds linked to the spot price of Bitcoin began trading in the United States on Thursday after receiving approval from the Securities and Exchange Commission.

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  Retail inflation edges up to 4-month high of 5.69 per cent in December

  January 12, 2024 18:30 IST

  Food inflation, which constitutes nearly half of the overall consumer price basket, increased to 9.53 per cent in December, up from 8.70 per cent in November.

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  HDFC Life Q3 net profit climbs 16 per cent to Rs 365 crore led by market rally

  January 12, 2024 17:51 IST

  The net premium income for HDFC Life Insurance rose by 6 per cent to Rs 15,273 crore in the quarter, while the value of new businesses declined by 2 per cent. 

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  Rupee climbs for eighth straight day by 11 paise to 82.90 against US dollar

  January 12, 2024 16:57 IST

  The rupee started the session weaker at 83.08 against the US dollar at the interbank foreign exchange, fluctuating between 82.86 and 83.10. The currency eventually settled at 82.90.

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  Wipro Q3 profit declines 12 per cent YoY to Rs 2,694 crore, revenue falls over 4 per cent

  January 12, 2024 17:08 IST

  The consolidated revenue for Wipro in the third quarter stood at Rs 22,205 crore, a 4.40 percent year-on-year (YoY) decline.

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  Sensex hits record 72,720; Nifty at all time high of 21,928 led by IT stocks

  January 12, 2024 16:02 IST

  The Sensex rallied by 847.27 points to end the session at a record high of 72,568.45, while the Nifty rose by 247.35 points to an all-time high of 21,894.55.

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  Mukesh Ambani re-enters USD 100 billion club amid surge in RIL stock  

  January 12, 2024 12:39 IST

  The rise in Reliance shares over the past few days has resulted in a USD 5.47 billion rise in Mukesh Ambani’s net worth since the beginning of the calendar year.