Economy

Mumbai: RBI Governor Sanjay Malhotra announced on Wednesday that the monetary policy committee has decided to keep the repo rate unchanged at 5.5 per cent, while sticking to the “neutral” monetary policy stance. He said the decision was…
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Mumbai: The Indian equity benchmarks opened flat on Wednesday, ahead of the Reserve Bank of India (RBI) Monetary Policy Committee's decision. Sensex gained 64 points or 0.08 per cent at 80,774 while Nifty edged up 16 points or 0.07 per cent…
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New Delhi: The daily unified payments interface (UPI)-based transactions have crossed 700 million for the first time, touching 707 million, according to the latest National Payments Corporation of India (NPCI) data. The feat was achieved…
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New Delhi: The Indian equities witnessed a subdued opening session on Tuesday amid fresh threat from the US President Donald Trump to impose higher tariffs on India over Russian oil purchase. Sensex declined 199 points or 0.25 per cent…
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Mumbai:  Adani Ports and Special Economic Zone Limited (APSEZ) on Monday reported an 8 per cent year-on-year (YoY) rise in cargo volumes for July, handling 40.2 million metric tonnes (MMT). The growth was led by a strong 22 per cent jump…
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New Delhi: The Adani Group plans a long-term investment in Vietnam of up to $10 billion, according to a report in Vietnam’s Tuoi Tre News. Group Chairman Gautam Adani revealed the investment plan during a meeting with Vietnamese Party…
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Mumbai: The Indian rupee strengthened to 87.22 against the US dollar at open on Monday following a volatile week after continued FII selling and US President Donald Trump's 25 per cent tariff announcement on the country. The Indian rupee…
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Mumbai: The Indian stock market opened in the green on Monday, led by gains in auto and metal stocks, amid mixed global cues. At 9.29 am, Sensex was up 221 points or 0.28 per cent at 80,821 and Nifty was up 82 points or 0.33 per cent at…
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New Delhi: The government on Sunday termed "untrue" a WhatsApp message that claimed the Reserve Bank of India (RBI) had ordered banks to cease issuing Rs 500 notes via ATMs by September 30, saying no such instruction has been issued. The…
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Mumbai:  India’s Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month of the previous year, according to government data released on Friday. The increase was driven by higher…
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