More From Economy
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India plans to set up smaller refineries, says Petroleum Minister
May 30, 2023 17:31 ISTAddressing an industry event, Puri said that this would help in achieving the target of 450 million metric tonne per annum (MMTPA) refining capacity in the country.
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BCL Industries declares twin corporate actions of dividend, split in Q4 results
June 21, 2023 15:24 ISTThe company board has recommended an equity dividend of Rs 5 per share of face value of Rs 10 each i.e. @ 50% for the financial year ended March 31, 2023.
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Electric-2 wheeler that charges within 12 minutes arrives in India
May 30, 2023 14:46 ISTThe two companies jointly unveiled a new vehicle model called 'Bzinesslite InstaCharged by Log9' which is powered by Log9's RapidX 2000 batteries, enabling it to go zero to zip within 12 minutes.
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RBI flags slowing global growth, geopolitical tensions as possible downside risks to growth
May 30, 2023 14:15 ISTIndia's growth momentum: The Reserve Bank's annual report flagged slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility as possible downside risks to growth.
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India's growth momentum likely to be sustained in 2023-24: RBI
May 30, 2023 13:00 ISTRBI's annual report stated that slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility following new stress events in the global financial system could pose downside risks to growth.
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Stock markets continue to rally in early trade; Rupee falls 4 paise against US dollar
May 30, 2023 11:30 ISTStock Markets update: The 30-share BSE Sensex climbed 131.32 points to 62,977.70 in early trade. The NSE Nifty advanced 49.6 points to 18,648.25.
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Multibagger defence stock up 201% in 1 year as it continues to ride high after split
May 29, 2023 23:10 ISTIncorporated in 1985, Apollo Micro Systems is the pioneer in the design, development, assembly and testing of electronic and electro-mechanical solutions.
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Air India hiring 550 cabin crew members, 50 pilots every month, growing substantially, says CEO
May 29, 2023 20:03 ISTAir India CEO Campbell Wilson has said that they are hiring 550 cabin crew members, 50 pilots every month and expects delivery of new aircraft by year end.
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Rolls Royce, others booked for trying to cheat govt in procurement of Hawk Aircraft
May 29, 2023 21:18 ISTCBI has registered a case against Rolls Royce and other individuals for allegedly cheating the government in the procurement of Hawk Aircraft.
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Sensex jumps 507.22 points to 63,008.91 in early trade
May 29, 2023 10:53 ISTDomestic indices BSE Sensex and NSE Nifty 50 opened in the green today.
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Why foreign investors have fallen in love with India all over again?
May 28, 2023 22:43 ISTWhat could have changed or what made the FPIs change their view? There are a few factors which have led to this change.
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Engineering major Salasar's net profit more than doubles in Q4 driven by EPC projects
May 28, 2023 19:22 ISTThe company clocked a net profit of Rs 14.7 crore in the quarter under review vs Rs 7.2 crore in the corresponding quarter of the previous financial year. The same was at Rs 10.6 crore for the period ended December 31, 2022.
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Tax collection in India one of the highest, says Economist Surjit Bhalla | DETAILS
May 28, 2023 18:24 ISTTax collection in India: While speaking to media, Bhalla said reduction in tax rate is required to accelerate the pace of economic growth.
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UPI to account for 90% of retail digital payments by 2026-27: Report
May 28, 2023 16:54 ISTUPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report.
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Hi-Tech Pipes net profit up 40% in March quarter, dividend declared
May 28, 2023 14:32 ISTThe company's board has also declared a final dividend for the financial year ending March 31, 2023. The dividend payout has been fixed at Rs 0.025 per share of Re 1 each.
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Metals company Manaksia posts Rs 107 crore consolidated net profit in financial year 2022-23
May 28, 2023 14:23 ISTOn a yearly basis, Manaksia said in a regulatory filing that the consolidated net profit in the financial year 2022-23 was recorded at Rs 107 crore.
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Uber partners with GeM portal to offer taxi services to govt offices, agencies, PSUs at fixed price
May 28, 2023 11:58 ISTSoon personnel from government ministries, departments, agencies and public sector units will be able to book taxis for official purposes from cab aggregator Uber.
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Insurance industry comes together to increase life insurance awareness under aegis of IRDAI
May 27, 2023 14:09 ISTLife Insurance: Tata AIA Life Insurance and IFFCO-Tokio (Lead insurer – General Insurance) have been driving the initiatives in Mizoram to educate citizens about Life and General insurance benefits.
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Distilleries player Vishwaraj Sugar improves top-line growth in fourth quarter
May 27, 2023 10:53 ISTThe company has reported a 52 percent jump in revenue from operations in the fourth quarter while the revenue in FY23 grew 32 percent to Rs 616 crore.
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Go First crisis: Airline extends flight cancellations till May 30
May 27, 2023 7:54 ISTGo First airlines cited operational reasons as it extended the suspension of its flight operations till May 30.
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Indian economy to surpass 7 per cent growth in Fiscal Year 2023: State Bank of India
May 26, 2023 15:51 ISTUnion Budget 2023-24's emphasis on capital expenditure is expected to crowd-in private investment, strengthen job creation and demand, and raise our growth potential, the report said.
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India's exports to Germany may get adversely impacted due to recession: Exporters
May 26, 2023 13:34 ISTData released by the Federal Statistical Office on Thursday shows that Germany's gross domestic product (GDP) declined by 0.3 percent from January to March.
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India challenges WTO panel ruling on import duties on certain ICT products
May 26, 2023 11:24 ISTThe dispute panel of the Geneva-based WTO had said that the import duties imposed by India on certain informational and technology products violates global trading norms.
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Equity markets rally in early trade; Rupee rises 5 paise against dollar
May 26, 2023 13:31 ISTStock markets: Extending their previous day's rally, the 30-share BSE Sensex climbed 178.34 points to 62,050.96 in early trade. The NSE Nifty gained 51.1 points to 18,372.
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Good news for Servotech Power shareholders as board approves sub-division of equity shares
May 25, 2023 22:18 ISTThe decision to split the face value of shares was taken at a board meeting of the Delhi-based company on Thursday.
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Punjab fuel stations say 90% cash they are receiving is of Rs 2,000 notes after RBI's move
May 25, 2023 18:09 ISTAfter the decision to withdraw the currency, almost 90 per cent of the cash received is of Rs 2,000 notes, the Punjab Petroleum Dealers Association said on Thursday.
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LIC shares settle nearly 2 per cent higher after Q4 earnings
May 25, 2023 17:32 ISTLIC advanced 1.62 per cent to settle at Rs 603.55 on the NSE. Its stock settled with a gain of 1.69 per cent at Rs 603.60 on the BSE.
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DGCA asks Go First airlines to submit 'revival' plan in 30 days | DETAILS
May 25, 2023 23:51 ISTGo First update: Directorate General of Civil Aviation advised the airline on May 24 to submit within a period of 30 days a comprehensive restructuring plan for a sustainable revival of operations, the source at the regulator said.
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'I was unfaithful': Nvidia chief Jensen Huang admits to affair with alleged Chinese spy after expose
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Delhi's air quality 'very poor' morning after Diwali as AQI hits 366, thick smog engulfs capital
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'They are a failing nation': Trump says fresh US strikes on Iran 'highly unlikely'
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Yogi Adityanath hints scheme for women in UP ahead of polls: 'We're bringing a special package'
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Sanjiv Goenka identifies man in viral Bengali family's rickshaw video, calls it 'heartening'
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'Ravan strikes back': Viral video shows rockets firing from burning effigy in UP's Bulandshahr
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Bulandshahr: Man jumps from 60 feet after setting himself on fire, stunt captured on video