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Posted in Economy

Onion prices up 59%, govt ramps up ‘Kanda Express’ supplies to cool market

New Delhi, The Centre has started moving bulk onion stocks through dedicated railway rakes – the ‘Kanda Express‘ – from Nashik in Maharashtra to major…

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Alibaba raised $10.2 billion for AI infrastructure as its stock fell 8.5%. Chairman Joseph Tsai and CEO Eddie Wu bought shares after the slump. (REUTERS)
Posted in Business

Alibaba stock plunges 8.5% after $10.2 billion AI fundraise; top bosses buy shares

Alibaba Group has raised HK80$ (10.2 billion) through a new share sale in Hong Kong. The money will be used entirely to expand the company’s…

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Healthtech startup Healthify merges with US-based Berry Street
Posted in Startups

Healthtech startup Healthify merges with US-based Berry Street

Bengaluru-based Healthify has merged with US nutrition care company Berry Street in an all-stock deal, combining the former’s AI-led health platform with Berry Street’s insurance-backed…

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Posted in Economy

India’s exports to Iran set to fall further due to Dubai halt, US sanctions

NEW DELHI – Planned new U.S. sanctions on Iran and the UAE’s halt on Tehran trade could severely disrupt Indian exports of rice, tea and…

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At the NSE, the stock listed at  ₹265, a premium of 31.84 per cent. (Pexel/Representational Image)
Posted in Business

Lalithaa Jewellery Mart shares end nearly 24 pc higher in market debut trade

Shares of Lalithaa Jewellery Mart on Monday ended with a premium of nearly 24 per cent against the issue price pf ₹201. At the NSE,…

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Posted in Economy

ITR filing deadline: Income Tax Department asks business, professional taxpayers to file returns by August 31

The Income Tax Department has urged taxpayers with business or professional income who are not required to undergo a tax audit to file their Income…

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Posted in Economy

India’s sugar industry body shares a positive price outlook

Indian Sugar Mills Association (ISMA) says it expects retail prices of sugar to come down in the coming days as speculative stocking eases. The industry…

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Stock futures slipped as Treasury yields stayed high, while Iran war fears, inflation worries, Fed signals and Nvidia earnings kept investors cautious. (Pexel/Representative image) (Pexel)
Posted in Business

Why did stock futures slip? Treasury yields, Iran war fears weigh on Wall Street

Stock futures slipped early Monday as investors remained worried about rising Treasury yields and a weak stock market last week. Dow Jones Industrial Average futures…

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Posted in Economy

Before Xi Jinping’s likely India visit, Chinese money is pouring in

As National Security Adviser (NSA) Ajit Doval lands in Beijing on Monday for border talks with Chinese Foreign Minister Wang Yi and preparations for President…

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India lifts export ban on wheat flour, related products with immediate effect
Posted in Economy

India lifts export ban on wheat flour, related products with immediate effect

The Central Government on Monday lifted the export ban on wheat flour and related products, including maida, semolina, wholewheat atta and resultant atta, with immediate…

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