More From Economy
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IRB Infra approves 10:1 stock split
January 05, 2023 9:55 ISTThe stock split announcement comes at a time when the highway infrastructure developer company completes 25 years of incorporation.
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From FabIndia to TVS here is the list of top IPOs expected to be rolled in January, 2023
January 04, 2023 19:00 ISTHere is a list of some of the upcoming IPOS (Initial Public Offering) in January 2023. The list sums up companies like Zaggle Prepaid Ocean Services Limited, Puranik Builders Limited and Indegene Limited.
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India's services sector growth hits six month high in December 2022 | DETAILS
January 04, 2023 12:27 ISTIndian service sector growth: "December saw a welcome expansion in Indian services activity, underscoring the resilience of demand as 2022 came to an end," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.
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Multibagger stock: Hi-Tech Pipes spurts 90%; company logs record sales volume
January 04, 2023 9:45 ISTAccording to a filing by the company, it has recorded the highest sales volumes of 91,232 thousand tonnes in the third quarter of the current fiscal, registering a 40 per cent rise on a Y-o-Y basis.
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Multibagger IPO: This pipes and tubes manufacturer company's shares climb over 100% in just 8 months
January 04, 2023 9:38 ISTVenus Pipes made its stock market debut in May 2022. At that time, its shares made a muted start but later zoomed more than 100 per cent to double the money of investors.
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Reliance to acquire 50% stake in Gujarat-based Sosyo Hajoori Beverages Pvt Ltd
January 03, 2023 23:28 ISTReliance Industries Ltd: This acquisition will "enable RCPL to enhance its beverage portfolio", Reliance Retail Venture Ltd (RRVL) said in a statement.
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BharatPe CEO Suhail Sameer resigns from his post; Nalin Negi appointed as interim chief executive
January 03, 2023 16:12 ISTBharatPe CEO quits: The company said Sameer's new role will ensure a smooth transition for the current CFO, Nalin Negi, who has been appointed interim CEO to partner with senior executives to enhance execution in all phases of the business.
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How will Indian exports perform in 2023? Global Trade Research Initiative explained
January 03, 2023 13:31 ISTGlobal Trade Research Initiative's report suggested that Indian exports may not be as impacted as other large economies by weak global demand in 2023.
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Orient Green plans to expand footprints in green energy in line with govt's renewable energy push
January 04, 2023 10:02 ISTThe company sees ample opportunity for expansion through a hybrid model of wind energy and solar energy.
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Refrigerator prices may rise up to 5% as revised BEE labelling norms come into force
January 02, 2023 23:20 ISTAccording to manufacturers like Godrej Appliances, Haier and Panasonic, implementation of the new norms may put an additional burden of 2-5 percent on consumers, depending on the models.
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Zomato co-founder, CTO Gunjan Patidar resigns
January 02, 2023 20:18 ISTGunjan Patidar was one of the first few employees of Zomato and built the core tech systems for the company, it said in a regulatory filing.
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2023 will be 'tougher' than last year as world economy to slow down, warns IMF chief
January 02, 2023 17:45 ISTKristalina Georgieva, the chief of the International Monetary Fund (IMF) made these grim assertions on Sunday during a CBS news programme "Face the Nation."
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GST revenues grow 15% to nearly Rs 1.50 lakh crore in December
January 01, 2023 21:32 ISTIn November 2022, 7.9 crore e-way bills were generated, which was significantly higher than the 7.6 crore e-way bill issued in October 2022.
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New Year 2023 food celebration: Swiggy delivers 3.50 lakh biryani, over 2.5L pizza orders | DETAILS
January 01, 2023 13:45 ISTNew Year 2023 foody celebration: The app delivered 1.65 lakh Biryani orders at 7.20 PM on Saturday. Bawarchi, one of top biryani selling restaurants in Hyderabad delivered two Biriyanis per minute on 2021 New year Eve.
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Commercial LPG cylinder prices hiked by Rs 25 | CHECK new rates
January 01, 2023 13:36 ISTLPG price hike: With this, the price of commercial LPG cylinders will be Rs 1,769. However, there would be no change in the prices for domestic LPG.
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Govt hikes interest rates on small deposits, NSC, post office deposits from Jan 1; no change in PPF
December 30, 2022 18:48 ISTInterest rates hike: According to reports, the interest rates have also been raised on post office term deposits, National Saving Certificate (NSC) and senior citizen savings schemes.
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New year gift! Odisha govt raises dearness allowance for employees by THIS much
December 30, 2022 17:13 ISTAccording to an official notice, the hike will be effective from July 1, 2022.
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China economy again on bumpy road as Covid infection surge detracts recovery
December 30, 2022 13:34 ISTChina is on a bumpy road back to normal life as people return to schools, shopping malls and restaurants following the abrupt end of some of the world's most severe restrictions even as hospitals are swamped with feverish, wheezing COVID-19 patients.
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IRB Infra's subsidiary raises Rs 700 cr to refinance existing project loans
December 30, 2022 10:07 ISTThe Mumbai headquartered highway construction company said that UTL will use proceeds to refinance the existing project debts.
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Indian economy presents a picture of resilience amid global shocks: RBI Governor
December 29, 2022 18:31 ISTAmid global shocks and challenges, the Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability, RBI Governor Shaktikanta Das said.
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On Reliance Family Day event, Mukesh Ambani reveals RILs big future plans
December 29, 2022 12:58 ISTReliance Family Day 2022: Mukesh Ambani identified the businesses that his elder son Akash, his twin sister Isha and younger son Anant would lead and groom in future.
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'Offered 9,705 flats without occupancy certificates’- Fresh trouble for Supertech
December 29, 2022 11:07 ISTSupertech row: On a project-wise basis, owners have taken possession of 9,705 flats without Occupancy Certificates (OCs), Interim Resolution Professional (IRP) Hitesh Goel tells National Company Law Appellate Tribunal (NCLAT).
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Union Budget 2023: Govt likely to raise income tax exemption limit from Rs 2.5 lakh to 5 lakh
January 23, 2023 12:51 ISTBudget 2023: As of now, the maximum slab of income which is exempted from the purview of income tax is Rs 2.5 lakh.
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Mukesh Ambani completes 20 years at helm of Reliance: A look at RIL's outstanding journey under him
December 28, 2022 17:20 ISTMukesh Ambani as Reliance head: After the demise of Dhirubhai, Mukesh and his younger brother Anil Ambani jointly took over the reins of Reliance. Anil was appointed vice chairman and joint managing director while his elder brother assumed the roles of chairman and managing director.
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Real estate boom! Housing sales up 19% in Oct-Dec across 8 cities; demand grows 50% in 2022
December 28, 2022 13:02 ISTReal estate boom: According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
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Former ICICI Bank CEO Chanda Kochhar, husband Deepak approach High Court to challenge arrest
December 27, 2022 21:41 ISTThe probe agency arrested the Kochhar's on Friday night after questioning them briefly.
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Union govt plans to release 15-20 lakh tons of wheat from FCI to contain rising prices in 2023
December 27, 2022 18:40 ISTRising retail prices: As per the data maintained by the consumer affairs ministry, the average retail price of wheat was at Rs 32.25 per kg on December 27, higher than Rs 28.53 per kg in the year-ago period. Meanwhile, wheat flour price too remained higher at Rs 37.25/kg than Rs 31.74/ a year ago.
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SMBs emerge leading job creators in 2022, tier-2 cities take the pie
December 27, 2022 17:33 ISTWith organizations embracing the new normalcy post covid, professionals continue to consider flexibility, work-life balance and upskilling as the key focus areas, even more so at present. These new trends have led to a massive transformation in the workforce.
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UP Elections 2027: BJP finalises names of 209 candidates, list sent to Delhi for final approval
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Delhi pollution row after Diwali, AAP alleges AQI fraud as BJP claims Punjab farm-fire conspiracy
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Sheikh Hasina seeks new passport ahead of Bangladesh return even as Dhaka pushes for extradition
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Harshit Rana, Mayank Yadav to feature as Delhi announce SMAT 2026 squad; Ayush Badoni named captain
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Mushfiqur Rahim becomes first Bangladesh cricketer to achieve legendary feat in Test cricket
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UP Elections 2027: BJP finalises names of 209 candidates, list sent to Delhi for final approval
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Sheikh Hasina seeks new passport ahead of Bangladesh return even as Dhaka pushes for extradition
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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