Economy

Mumbai:  Foreign portfolio investors (FPI) have made a net investment of Rs 5,001 crore so far in August in Indian equities, according to data from NSDL. The FPIs have made a comeback after a net outflow of Rs 11,308 crore in July.…
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New Delhi: The global shortage for semiconductors triggered by the Covid pandemic-induced supply hurdles as well as healthy demand is expected to dent the auto sector's growth in FY22. The phenomenon has been blamed on the exponential…
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San Francisco:  The worldwide hardcopy peripherals market expanded for the fourth quarter in a row in the second quarter of 2021 (2Q21) with shipments growing 13.4 per cent (on-year) to nearly 22.9 million units. HP Inc. and Epson grew…
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Mumbai:  The Securities & Exchange Board of India (SEBI) has kept the initial public offering (IPO) of Adani Wilmar in abeyance. The website of the capital market regulator showed that the Rs 4,500 crore issue has been "kept in…
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New Delhi:  RBI Governor Shaktikanta Das has said that the resurgence of inflation in May and June reignited the debate on monetary policy response. The minutes of the last meeting of the Monetary Policy Committee (MPC) showed that Das…
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New Delhi:  Satya Nadella-run Microsoft has invested $5 million in Airbnb-backed Indian budget hotel chain OYO taking it valuation to $9 billion, as the hospitality chain plans a potential initial public offering (IPO) soon. According to…
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San Francisco: Tech giant Google's recently launched smartphone -- Google Pixel 5a -- is facing overheating issues while recording videos, media reports said. According to GizmoChina, the phone is not able to handle 4K video recording.…
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New Delhi:  Samsung on Friday launched a live online shopping platform -- Samsung Now, heralding the pre-booking event of Galaxy Z Fold3 5G and Galaxy Z Flip3 5G on August 23. The company said that Samsung Now is a unique live shopping…
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Mumbai:  The Indian stock market opened lower on Friday with heavy selling across the board. The domestic market declined in line with the Asian stocks over concerns of rising cases of Delta variant of Covid-19 and its impact on the…
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Seoul:  LG Electronics said on Friday it has joined hands with Hyundai Elevator Co. to seek business opportunities in smart home and building solutions. LG will work with the country's largest elevator manufacturer to develop robot…
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