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Paytm Q1 profit jumps 79%; board shelves bonus share proposal
Posted in Startups

Paytm Q1 profit jumps 79%; board shelves bonus share proposal

Digital payments major Paytm on Monday reported a 28% year-on-year increase in operating revenue for the April-June quarter to Rs 2,448 crore, while continuing to…

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Posted in Economy

India joins WTO fish subsidies pact, 900 questions at trade policy review

New Delhi: India on Monday announced that it has joined the World Trade Organization’s (WTO) agreement on fisheries subsidies, which prohibits government support to illegal…

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Paytm board shelves bonus issue, prioritises growth and profitability
Posted in Startups

Paytm board shelves bonus issue, prioritises growth and profitability

One 97 Communications, which operates fintech platform Paytm, has decided against proceeding with its proposed maiden bonus issue for now, saying it will instead focus…

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Posted in Economy

RBI Deputy Governor Swaminathan J asks regulated entities to review internal grievance redressal processes

Mumbai, RBI Deputy Governor Swaminathan J has asked all regulated entities to review their internal grievance redressal processes and design complaint management systems to prevent…

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Posted in Economy

India invites applications for car import quota under India-UK trade pact

New Delhi, India on Monday invited the first round of applications for the allocation of 2026 import quotas for fully-built passenger cars and goods vehicles…

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Posted in Economy

India joins WTO’s agreement on fisheries subsidies

New Delhi, India on Monday announced that it has joined the WTO’s agreement on fisheries subsidies, which prohibits government support to illegal fishing activities and…

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Norwest, Skegen lead $40 million in Raghu Vamsi Aerospace
Posted in Startups

Norwest, Skegen lead $40 million in Raghu Vamsi Aerospace

Hyderabad-based aerospace and defence manufacturer Raghu Vamsi Aerospace Group (RVAG) has raised $40 million (around Rs 400 crore) in a round led by growth equity…

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Posted in Economy

India’s core sector output grows 5% in June under new base year series, hits 5-month high

India’s combined Index of Core Industries (ICI) grew 5% year-on-year in June 2026, compared with 3.2% in May, according to provisional data released by the…

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Hedge-fund manager David Einhorn
Posted in Business

Is passive investing sabotaging fund managers?

Oil prices hit their highest level since early June overnight, with global benchmark Brent crude briefly topping $90 a barrel before retreating again. But, after…

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Posted in Economy

India says no proposal to offer long-term tax relief for domestic equity investors

India’s finance ministry told the parliament on Monday that there is no proposal to scrap long-term capital gains tax on equities for domestic investors, despite…

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