More From Economy
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Sensex crashes 1,500 points, Nifty below 15,800
May 19, 2022 16:15 ISTSensex and Nifty fall sharply on Thursday in line with an extremely weak trend in the global markets.
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IOC bonus share to be paid in ratio of 1:2, Check record date here
May 19, 2022 9:58 ISTIOC bonus share, IOC dividend record date 2022: Indian Oil Corporation has said that the record date for bonus shares is July 1.
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Wall Street dives as Target cracks 25%; Dow sinks 1,000 points, Nasdaq 4.73%
May 19, 2022 13:40 ISTTarget Corporation, a component of the S&P 500 Index, plunged 24.93%, crashing the most since 1987's Black Monday.
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GST on online gaming, casinos, race course likely to be increased to 28 per cent
May 19, 2022 18:43 ISTAt present, services of casinos, horse racing and online gaming attract 18 per cent GST.
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Rupee falls 16 paise to record low of 77.60 against USD
May 18, 2022 17:58 ISTCrude oil prices also surged by over 1 per cent, which weighed on the rupee. The local unit finally ended at its all-time low of 77.60, showing a loss of 16 paise over its previous close of 77.44.
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BPCL disinvestment: Govt revisits privatisation decision, plans to sell 20-25% instead of full stake
May 18, 2022 13:07 ISTA Reuters report said that the government is considering inviting bids for a 20 to 25 per cent stake in BPCL.
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Bharti Airtel Q4 profit zooms to Rs 2008 crore, announces Rs 3 dividend
May 18, 2022 10:53 ISTAirtel has recommended a dividend of Rs 3 per equity share for the financial year 2021-22.
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LIC is now fifth most valuable Indian company: Check complete list
May 18, 2022 10:56 ISTThe government sold over 22.13 crore shares or a 3.5 per cent stake in LIC through the IPO. It fetched Rs 20,557 crore.
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PM Modi says 5G technology will contribute $450 billion to Indian economy
May 17, 2022 18:46 ISTUnderscoring the role of the telecom sector in the progress of the country, he also said that by the end of this decade, the country will be able to launch 6G services of its own.
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Sensex, Nifty rally more than 2.50% each; Rupee plunges to all-time low
May 17, 2022 16:25 ISTThe 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing with gains. During the day, it jumped 1,425.58 points or 2.69 per cent to 54,399.42.
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'Twitter deal can't go forward unless...': Elon Musk
May 17, 2022 15:23 ISTElon Musk also said that he is very likely to pay less for Twitter than his $44 billion offer made last month.
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Govt allows exporting wheat consignments registered with customs before ban order
May 17, 2022 16:04 ISTThe government has also allowed a wheat consignment headed for Egypt, which was already under loading at the Kandla port.
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WPI inflation at record high of 15.08% in April on price rise across all items
May 17, 2022 14:13 ISTThe WPI-based inflation was 14.55 per cent in March and 10.74 per cent in April last year.
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Pawan Hans sale put on hold by government
May 17, 2022 11:02 ISTThe government had last month selected M/s Star9 Mobility Pvt Ltd as the winning bidder for Pawan Hans.
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Rupee falls to all-time low of 77.69 against Dollar
May 17, 2022 14:02 ISTThe value of the rupee depreciated mainly due to persistent foreign fund outflows and elevated global crude oil prices.
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LIC makes a weak stock market debut, lists at 8% discount
May 17, 2022 13:16 ISTLIC Share Price: LIC IPO was subscribed 2.95 times. The government fixed the issue price of LIC shares at Rs 949 apiece, the upper end of the IPO price band.
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RBI may hike rates by 75 basis points by August: SBI Economists
May 16, 2022 17:05 ISTThe economists said they did a study of the Russian invasion's impact on inflation, which revealed that 59 per cent of the jump in prices is due to geopolitical events.
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What is Grey Market and Grey Market Premium - Explained
May 16, 2022 12:17 ISTGrey market is also known as the 'parallel market' where financial securities are traded and investors trade for shares or IPO applications before they are listed in the secondary market.
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SBI hikes MCLR by 10 basis points, second increase in a month; loan EMIs to go up
May 16, 2022 12:39 ISTThis is the second hike in a month raising the cost by 0.2 per cent with the two consecutive increases.
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'If you don't like our content, you can quit': Netflix to workers
May 16, 2022 12:26 ISTNetflix has updated its culture guidelines and added a section called "artistic expression" which details how the platform offers programming for many audiences.
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Paytm to file for new license, says bullish about its roadmap for general insurance
May 16, 2022 12:24 ISTIn a regulatory filing, Paytm reiterated its intention to make inroads in the general insurance sector, as it is extremely bullish about its potential.
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Air travel to become dearer! Jet fuel price hiked by 5%
May 16, 2022 12:17 ISTFuel prices have hiked by a whopping 61.7 percent from Rs 72,062 per kilolitre to Rs 1.23 lakh per kilolitre since January this year.
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Adani to acquire Holcim’s stake in Ambuja Cements, ACC Limited for $10.5 bn
May 15, 2022 23:36 ISTThe deal will make billionaire Gautam Adani's conglomerate the second-largest player in the domestic cement sector by acquiring the joint control of Holcim's two Indian step-down firms ACC Ltd and Ambuja Cement.
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Cryptos can lead to dollarisation of economy: RBI officials to par panel
May 15, 2022 16:53 ISTDiscussing the impacts of cryptocurrency, the RBI officials said it will have a negative impact on the banking system as these being attractive assets people may invest their hard-earned savings in these currencies which may result in banks having lesser resources to lend.
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India adds 8.8 million jobs in April, largest since beginning of pandemic
May 15, 2022 13:52 ISTIndia's labour force increased by 8.8 million to 437.2 million in April, one of the largest monthly increases since the beginning of the pandemic, CMIE Managing Director and CEO Mahesh Vyas said.
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CNG price hiked by Rs 2 per kg across Delhi-NCR, other cities. Check revised rates
May 15, 2022 6:36 ISTEarlier in April, prices of CNG in the national capital were hiked by Rs 2.50 per kg and that of piped cooking gas by Rs 4.25 per unit to record levels on the back of surge in raw material cost.
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G7 warn of Ukraine grain crisis, ask China not to aid Russia
May 14, 2022 21:25 ISTIn statements released at the end of the three-day meeting on Germany's Baltic Sea coast, the G-7 pledged to provide further humanitarian aid to the most vulnerable.
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Swiggy enters high-end dining market with $200 mn acquisition of Dineout
May 13, 2022 20:49 ISTDineout, which serves millions across its network of 50,000 restaurants in 20 cities, will continue to operate as an independent app post the acquisition.
Top News
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'Smear campaign against Beijing': China rejects spying charges against Nvidia CEO Jensen Huang
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'My challenge stands': Rahul renews debate challenge to PM Modi, hits back at 'dimagi Naxal' remark
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Shivakumar's VIP darshan at Hasanamba temple triggers row, devotees hurl slippers at TV screen
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Mumbai bans rockets and aerial fireworks until November 25 after surge in fire incidents
Latest News
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Apple says over 100000 apps are now optimised for iPhone Duo within 2-weeks
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'My challenge stands': Rahul renews debate challenge to PM Modi, hits back at 'dimagi Naxal' remark
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Kriti Sanon's Diwali album features rumoured BF Kabir Bahia, latter posts pics with Nupur-Stebin
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Mumbai bans rockets and aerial fireworks until November 25 after surge in fire incidents
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BSNL brings new 365-day plan with 730GB data and unlimited calls under Rs 2500: Details here
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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