Mumbai: Stock markets closed lower for the second straight day Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank and State Bank of India. Benchmark BSE Sensex declined by 55.47 points or 0.07 per cent to settle at 79,486.32....
Mumbai: SBI Friday reported a 23 per cent on-year jump in consolidated net profit at Rs 19,782 crore for the quarter ended September 30, 2024. The consolidated net profit for the corresponding period last year stood at Rs 16,099 crore. On a standalone basis, the...
Washington: The US Federal Reserve has slashed interest rates by 25 basis points amid cooling inflation and a weakening labour market, marking the second rate cut in this easing cycle. "Since earlier in the year, labour market conditions have generally eased, and the unemployment rate...
ARINDAM GANGULY, OP Bhubaneswar: Odisha Tourism’s delegation, led by Deputy Chief Minister Pravati Parida at the World Travel Market (WTM) in London, continued its robust outreach focusing on expanding its reach in the international tourism market. Thursday, Parida met Consulate General of India at Edinburgh,...
New Delhi: The Income-Tax Department Thursday carried out searches at offices of global caller ID platform Truecaller on charges of tax evasion, official sources said. The Stockholm-headquartered company said it was cooperating with the investigators. Tax officials said the searches were aimed to gather detailed...
Tokyo: Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50 per cent pay cut to take...
New Delhi: The Enforcement Directorate Thursday conducted searches against some 'main vendors' operating on e-commerce platforms of giants like Amazon and Flipkart as part of a foreign investment ‘violation’ investigation, official sources said. A total of 19 premises of these "preferred" vendors located in Delhi,...
New Delhi: The Supreme Court Thursday ordered liquidation of cash-strapped Jet Airways, saying that the resolution plan, approved five years ago, is no longer capable of implementation. A Bench, headed by CJI D.Y. Chandrachud, allowed the lenders' plea against the transfer of ownership of the...
New Delhi: Gold prices continue to fall after the US presidential election and Thursday, the December future contracts of gold on MCX opened with a decline of 0.37 per cent at Rs 76,369 per 10 grams, while silver December future contracts were trading 0.24 per...
Bhubaneswar: Indian Rare Earths Limited (IREL), a Central Public Sector Undertaking (CPSU), under the Department of Atomic Energy (DAE), and Ust-Kamenogorsk Titanium and Magnesium Plant JSC, (UKTMP JSC) Kazakhstan have signed an agreement to establish Indo-Kazakh joint venture company (JVC) – ‘IREUK Titanium Limited’ in...
On 19 July, China began constructing a $167.8 billion dam on the Brahmaputra River in Tibet, close to the Indian...
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The BJP is seen today as a corporate-friendly political party, and this is the view held by both the party’s...
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There was a time when “superannuation” meant something. Now it’s just the date you pencil in until the next extension...
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Freedom of speech and expression is the soul of democracy and to rob an individual of that fundamental right is...
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