More From Economy
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Elon Musk ropes in Sriram Krishnan as technology executive as he implements changes in Twitter
November 01, 2022 15:33 ISTAccording to his profile on Andreessen Horowitz's website, Krishnan invests in early-stage consumer startups and serves on the boards of companies Bitski, Hopin, and Polywork.
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Festive season propels petrol, diesel demand to highest in four months
November 01, 2022 13:59 ISTIndustry sources said the ending of extended monsoon rains in most parts of the country and a pick up in agriculture season led to a rise in diesel demand.
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Petrol, diesel prices slashed by 40 paise per litre? Here's what oil companies say
November 01, 2022 12:24 ISTThe drop in prices of petrol and diesel was expected as international crude oil prices dropped and have remained stable for some time.
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RBI imposes fines on Vakrangee, LIC Housing for violating norms
October 31, 2022 20:58 ISTThe Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,76,00,000 on Vakrangee Ltd for non-compliance with certain provisions of the White Label ATM (WLA) directions, the central bank said in a release.
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Sebi issues guidelines to standardise CRAs' rating scales
October 31, 2022 20:58 ISTPursuant to the consultation with the CRAs, standardised symbols and their definitions have been devised for issuer rating or corporate credit rating, the Securities and Exchange Board of India (Sebi) said in a circular, adding that the new guidelines will come into force from January 1, 2023.
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RBI to launch first pilot of Digital Rupee today
November 01, 2022 0:18 ISTThe Reserve Bank of India (RBI) will launch first pilot of Digital Rupee for the wholesale segment on November 1, 2022 (Tuesday), a statement said on Monday.
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Inflation hits new record high of 10.7% in Europe, slowing economy
October 31, 2022 16:48 ISTAnnual inflation reached 10.7 per cent in October, the European Union's statistics agency, Eurostat, reported. That is up from 9.9 per cent in September and the highest since statistics began to be compiled for the eurozone in 1997.
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Market closes at 1% higher; Sensex rises by 787 points, Nifty ends at 18,012
October 31, 2022 16:07 ISTThe 30-share BSE Sensex darted 786.74 points to end at 60,746.59. During the day, it jumped 826.85 points or 1.37 per cent to 60,786.70.
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Central Government extends curbs on sugar exports till October 31, 2023
October 29, 2022 13:01 ISTSugar exports: India has been the highest producer and the second largest exporter of sugar in the world in the current year.
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Employees of private company may get pension after retirement | Checks EPFO norms
October 29, 2022 12:39 ISTAn employee of a private company may avail pension after retirement if he works for at least 10 years in the organization.
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India's foreign exchange reserves at new over 2-year low amid weak rupee
October 29, 2022 10:05 ISTForex reserves India: The Indian rupee has been weakening over the past few weeks to hit fresh new all-time lows as the US dollar strengthened against major global currencies.
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Sebi to auction properties of Bishal Group of companies on November 30 | Know why
October 28, 2022 18:42 ISTBishal Group of companies' four firms had mobilised funds by issuing Redeemable Preference Shares (RPS) to more than 49 persons without complying with the public issue norms.
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Intel set to lay offs employees as it cuts billions of dollars in spending
October 28, 2022 13:55 ISTIntel CEO Pat Gelsinger, during the company's Q3 earnings call, said that we are responding to the current environment by taking aggressive actions to reduce costs.
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BYJU's borrows ₹300 crore from Aakash for 'principal business activities'
October 28, 2022 12:29 ISTBYJUs news: Last month, the edtech major paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the acquisition of Aakash Educational Services.
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Coordinated policy efforts are required to check high inflation rate: RBI MPC member
October 28, 2022 11:24 ISTInflation Issue: RBI MPC member Bhide said the high inflation rate is mainly a consequence of exogenous price shocks.
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President Droupadi Murmu launches ‘herSTART’ - a platform for women entrepreneurs: Why it matters
October 27, 2022 18:04 ISTGujarat university currently actively supports over 125 female-led start-ups and with over 15,000 female entrepreneurs involved in the campaign. The ‘herSTART’ initiative hopes to bring unprecedented growth in this data.
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CBDT extends due date for filing Income Tax Return for AY 2022-23 to November 7
October 26, 2022 18:34 ISTCBDT extends ITR due date: CBDT, the tax administration arm of the government, had extended the deadline for filing audit reports by 7 days last month to October 7.
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Dabur India to acquire 51 pc stake in Badshah Masala in Rs 587.52-cr deal
October 26, 2022 18:02 ISTDabur takes over Badshah Masala: The company has signed definitive transaction agreements to acquire 51 per cent shareholding of Badshah Masala Pvt Ltd, a firm engaged in manufacturing, marketing and export of ground spices, blended spices and seasonings, said a joint statement.
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Rishi Sunak's wife Akshata Murthy earned whopping Rs 126.61 cr in 2022 | Check her source of income
October 25, 2022 14:54 ISTAkshata did her schooling in Bengaluru before moving to Claremont McKenna College in California.
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Muhurat Trading 2022: Sensex jumps 650 points, Nifty above 17,700 mark
October 25, 2022 6:12 ISTMuhurat Trading 2022: Sensex jumped 647 points to open above 59,950 while Nifty has also gained 192.15 points to reach 17,768.45. L&T led the gainers' pack, spurting 2.10 per cent, followed by ICICI Bank, Nestle India, HDFC, HDFC Bank, NTPC and PowerGrid.
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Diwali 2022: Gold sales glitter during 2-day Dhanteras; higher footfalls after Ind-Pak T20 match
October 24, 2022 12:04 ISTDiwali 2022: After the two years recession in the market due to Covid-19, CAIT estimated that this year's Diwali festival business figure would cross Rs 1.5 lakh crores in the country.
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Russian banks open special vostro accounts for foreign trade in rupee following RBI approval
October 23, 2022 13:00 ISTRussian banks: The largest and second-largest banks in Russia - Sberbank and VTB Bank, are the first foreign lenders to get approval after the RBI formulated the guidelines in July for offshore rupee transactions.
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IND vs PAK T20 WC clash Delhi restaurants cinema halls get ready with curated menus live screenings
October 22, 2022 19:55 ISTFrom 'Hitman's Cheese Masala Pao' to 'KL's Onion Samosa', restaurants are offering an eclectic mix of dishes named after some of India's favourite players.
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Reliance becomes first Indian company to post earnings call on metaverse
October 22, 2022 17:46 ISTThe metaverse is a virtual space that is built with the idea to immerse users within the online experience, mainly via virtual reality and augmented reality (VR, AR) while enabling them to interact with each other virtually.
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ICICI Bank Q2 consolidated net profit jumps 31% to Rs 8,006.99 crore
October 22, 2022 16:33 ISTICICI Bank Q2 results: The bank's total income grew to Rs 31,088 crore in the reporting quarter, while the overall expenses climbed to Rs 19,408 crore from Rs 18,027 crore.
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Dhanteras 2022: Expect record deliveries of cars, two-wheelers, says FADA
October 22, 2022 13:34 ISTDhanteras 2022: Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras.
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Reliance to demerge financial services arm Jio Financial Services; list it on stock exchanges
October 21, 2022 23:57 ISTIn a statement, the firm said Reliance shareholders will be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they hold in the company.
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Reliance Retail Q2 pre-tax profit up 51.2% at Rs 4,404 crore; revenue rises 44.5% to Rs 57,694 crore
October 21, 2022 21:46 ISTReliance retail Q2 earnings: The comapny's revenue from operations of the organized retail segment surged 44.50 percent to Rs 57,694 crore in the latest September quarter from Rs 39,926 crore in the year-ago period.
Top News
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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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Meta Muse Voice launched with real-time AI conversations and animated avatars
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Mushfiqur Rahim becomes first Bangladesh cricketer to achieve legendary feat in Test cricket
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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