More From Economy
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Gold prices skyrocket in India for 24 and 22 carat on Tuesday
March 14, 2023 17:08 ISTGold prices today: On Tuesday (14th March), the cost of 24 carat gold (10 grams) was recorded at Rs 57,220, whereas 22 carat gold (10 grams) was priced at Rs 52,450.
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Layoffs 2023: US companies cut more than 180,000 jobs in two months amid fears of global recession
March 14, 2023 11:36 ISTUS companies have cut more than 180,000 jobs over the last two months, as many fear a global recession. The tech industry accounted for 28% of cuts, with 21,387 jobs cut in February alone
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J&K Budget 2023: FM presents ₹ 1.18 lakh crore budget, aims to double UT's GDP within five years
March 14, 2023 11:30 ISTThe Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on rural housing and providing water tap connections to households.
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CryptoQuant CEO reveals $1 Billion buying pressure on BTC, ETH, BNB
March 14, 2023 9:50 ISTThe CEO of CryptoQuant, a leading cryptocurrency data provider, has announced that there is currently a significant buying pressure on three of the most popular cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB).
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Parliament updates: Both Houses adjourned for the day over Rahul Gandhi's London remarks
March 14, 2023 14:50 ISTParliament Budget Session: The BJP-Congress slugfest escalated on the first day of the second leg of the Budget Session with the BJP MPs seeking an apology from Rahul Gandhi and counter-slogans from the Opposition benches demanding a JPC probe into the Adani-Hindenburg issue.
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Banks, traders in India advised to avoid foreign trade settlements in Chinese Yuan: Report
March 13, 2023 22:19 ISTAccording to a report, officials in India have advised banks, and traders to avoid using yuan, however, the settlements in the United Arab Emirates dirhams would be okay.
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Retail inflation drops marginally to 6.44 per cent in February
March 13, 2023 18:40 ISTThe drop in inflation rate based on the Consumer Price Index (CPI) from 6.52 per cent in January to 6.07 per cent in February 2022 will provide marginal relief to consumers.
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Sensex tumbles over 900 points, Nifty settles 17,000 amid biggest US bank failure
March 13, 2023 16:19 ISTAfter gaining 375 points in the early trade, the BSE Sensex could not hold to gains and declined 897.28 points or 1.52 per cent to settle at 58,237.85 as 29 of its constituents declined while only one advanced.
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After Silicon Valley Bank, Signature Bank shuts down amid banking turmoil in US
March 13, 2023 13:40 ISTSignature Bank had $88.59 billion in deposits as of December 31, 2022 and the New York Department of Financial Services has taken possession of the bank.
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Nirman Agri Genetics IPO: Check subscription date, GMP, allotment and listing date
March 13, 2023 13:12 ISTA retail investor can bid for a maximum of 1 lot comprising 1200 shares. One lot will cost Rs 118,800. HNI investors can bid for two lots (2400 shares for Rs 237,600).
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Gold prices in India witness a rise today for 24 carat and 22 carat
March 13, 2023 10:31 ISTOn Monday (13th March), the price of 24 carat gold (10 grams) was Rs 55,670, whereas 22 carat gold (10 grams) was priced at Rs 50,990.
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Bitcoin's coinbase premium reaches 3-year high due to increased USDC volatility
March 13, 2023 10:29 ISTThis time, it is unlikely that the Coinbase premium reflects stronger buying pressure from investors in the United States, which is usually the case.
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Adani repays $2.15 bn loan taken pledging shares, prepays another $500 mn loan for Ambuja cement
March 13, 2023 0:10 ISTWhile Adani group has not detailed the source of money for repayment of loans, these came within days of the promoters selling minority stakes in four listed companies to US-based GQG Partners for Rs 15,446 crore.
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VP Jagdeep Dhankhar holds all-party meeting ahead of second phase of Annual Budget Session 2023-24
March 12, 2023 17:43 ISTAnnual Budget Session 2023: Vice President Jagdeep Dhankar called for an all-party meeting today at his residence ahead of the second phase of the Annual Budget Session 2023.
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Silicon Valley Bank's fall causes shockwaves across world; will it impact Indian startup ecosystem?
March 12, 2023 12:35 ISTSilicon Valley Bank collapse: Silicon Valley Bank was badly affected by the Federal Reserve's aggressive plan to raise interest rates to combat inflation along with the decline in technology stocks over the past year.
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India’s February fuel demand hits highest level in 24 years. Know why
March 11, 2023 12:04 ISTIndia's fuel demand hit a 24-year high in February, with consumption rising by more than 5% to 4.82 million barrels per day, its 15th consecutive year-on-year rise, data showed, boosted by cheap Russian oil imports, profitable refining, and robust domestic consumption.
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Gold price surges by Rs 540 to reach Rs 56,070 while Silver drops by Rs 200
March 11, 2023 11:00 ISTGold price in India increased by Rs 540 per 10 grams to reach Rs 56,070 on March 11, 2023. This rise in gold prices is due to the strengthening of the global demand for the precious metal. In contrast, the price of silver fell by Rs 200 per kilogram to reach Rs 70,800 due to a decrease in demand.
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Bitcoin slumps below $20K as 2023 bull run reverses
March 11, 2023 10:50 ISTBitcoin has fallen below the $20,000 mark as the crypto market's 2023 rally came to a halt. The sudden downturn is the latest in a series of wild fluctuations in the digital asset's value, which had seen it reach all-time highs earlier this year.
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Piyush Goyal to chair 6th meeting of 'National Startup Advisory Council' today
March 11, 2023 9:45 ISTNational Startup Advisory Council: Union Minister of Commerce and Industry Piyush Goyal will chair the sixth meeting of the National Startup Advisory Council (NSAC) in New Delhi today (March 11).
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Facebook parent Meta plans new layoffs, says Report
March 11, 2023 7:38 ISTMeta layoffs 2023: The first job losses are expected to be announced next week, with non-engineering roles expected to be hit hard, The Wall Street Journal reported on Friday (March 10).
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IRB Infrastructure's toll collection in February month rises 27 per cent to Rs 351.75 crore | DEETS
March 10, 2023 13:55 ISTIRB Infrastructure toll collection: IRB Infra recently split its equity shares in a 10:1 ratio, meaning one share was divided into 10 shares bearing a face value of Rs 1 each. The company's order book currently stands at Rs 20,892 crore, including a construction order book of Rs 9,714 crore.
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Gold prices surge for 24 Carat and 22 Carat
March 10, 2023 9:49 ISTThe price of gold in India on Thursday, March 10, was recorded at Rs. 55,290 for 24 carat gold (10 grams) and Rs. 50,460 for 22 carat gold (10 grams).
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UPI transactions surpass 36 crore in a year, says RBI governor
March 10, 2023 9:55 ISTThe Reserve Bank of India's Governor, Shaktikanta Das, announced at the launch of the Digital Payments Awareness Week that UPI transactions have increased by 50% YoY, with over 36 crore transactions in February 2023
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Financial Deadlines Approaching: 5 financial deadlines that you should complete before Mar 31
March 09, 2023 15:54 ISTWith the end of the current financial year approaching on March 31, 2023, taxpayers must complete various financial tasks to avoid penalties. These tasks include linking PAN to Aadhaar, filing updated ITR, paying advance tax, making tax-saving investments, and investing in the PMVVY scheme.
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Nita Ambani launches The Her Circle EveryBODY project
March 09, 2023 15:33 ISTHer Circle was founded and launched by Ambani in 2021 to create a safe, inclusive, growth-oriented digital haven for women. On its second anniversary, the platform has become India’s largest digital platform for women with a phenomenal overall reach of 310 million.
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Bitcoin surges above $22K as Powell's Congressional Testimony boosts market sentiment
March 09, 2023 10:20 ISTAccording to the Fed chair, a determination regarding the magnitude of the rate hike scheduled for March has not been finalized yet.
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Swiggy takes down billboard over new 'egg adv' for Holi after outrage on social media
March 07, 2023 21:59 ISTControversy: Swiggy's egg advertisement billboards for Holi have been taken down after people expressed outrage on social media.
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IGL, Vikas Lifecare sign Rs 110 crore joint venture to set up smart meter plant
March 07, 2023 21:30 ISTBoost to Make in India: IGL and Vikas Lifecare have signed a Rs 110 crore joint venture to set up an integrated smart meter plant.
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BJP tears into Cong over Kharge's 'Eid of happiness' remark on Diwali, alleges appeasement politics
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12 killed in two separate fire incidents in Madhya Pradesh on Diwali, two-month-old among victims
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10-year-old boy dies after firecracker explodes in his hand while bursting crackers in Delhi
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Inside Bachchan family's Diwali: Abhishek, Shweta light sparklers, Aaradhya poses with Agastya
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WhatsApp adds Events Home Hub, letting users invite people without an account
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Punjab records 1,152 stubble-burning incidents on Diwali, highest single-day spike this season
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Inside Bachchan family's Diwali: Abhishek, Shweta light sparklers, Aaradhya poses with Agastya
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Jasprit Bumrah, Ravindra Jadeja miss out on bowling as rain spoils Day 3 of unofficial Test vs NZ
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12 killed in two separate fire incidents in Madhya Pradesh on Diwali, two-month-old among victims
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Two employees watch live cricket from office overlooking stadium, get caught on giant screen
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Woman shares why she 'felt like a man' during a routine 2 am cab ride in Mumbai
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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