Business
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Equity settles low, Nifty auto top loser on subdued retail sales
New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 – fell sharply during the session and settled lower on Friday. Sensex settled 769 points, or 1.4 per cent, down…
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In its 15th year, BMW car plant rolls out car number 1,00,000
Chennai: Celebrating its 15th anniversary, the BMW Group Plant located near Chennai, rolled out its car number 1,00,000. “It is a day of great joy and pride for us as the 1,00,000th…
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10-year High: Ukraine crisis pushes crude price close to $120 a barrel
New Delhi: Continuing hostilities between Russia and Ukraine pushed crude oil price to a 10-year high of $119.84 per barrel on Thursday. The global hike in crude oil prices led by the…
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Top automakers halt production in Russia amid Ukrainian invasion
New Delhi: As nations around the globe slap heavy sanctions on Russia, several top automakers have halted production at their respective facilities in the country and paused exports as Russian forces entered…
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Bitcoin now has higher market cap than Russian currency
New Delhi: As Russia intensifies its battle to take control of Ukraine, Bitcoin on Wednesday soared to $44,000, pushing the total cryptocurrency market cap to cross $2 trillion. With the recent gains,…
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SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO
New Delhi: Shares of SBI Life Insurance Company and HDFC Life Insurance Company rose sharply on reports of a possible delay in the much-awaited initial public offering (IPO) of Life Insurance Corporation…
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Exxon’s exit from Russia puts OVL in a fix
New Delhi: Exxon Mobil Corp’s decision to exit Russia has put India’s flagship overseas firm ONGC Videsh in a fix as it is a partner in the global energy giant-operated Sakhalin-1 oil…
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Exports rise 22.36 pc to USD 33.81 bn in February
New Delhi: India’s exports rose by 22.36 per cent to USD 33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit…
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Equities settle low; Nifty auto index top loser
New Delhi: Key equity indices — S&P BSE Sensex and NSE Nifty50 — have settled sharply lower on Wednesday as investors continued to be on the sidelines amid the ongoing full-scale war…
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Crude at $111: Domestic petrol, diesel prices to sky rocket
New Delhi: The Russia-Ukraine crisis-led global hike in crude oil prices is expected to push India’s domestic prices of petrol and diesel by Rs 20-22 per litre. However, an excise duty cut…
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Jeep’s first electric SUV is likely coming in 2023
San Francisco: US based automaker Jeep, owned by Stellantis, has revealed the first images of its upcoming electric SUV and confirmed that it will launch in 2023. According to The Verge, Jeep…
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4,000 luxury cars like Lamborghinis, Bentleys sink in the Atlantic
San Francisco: Nearly 4,000 luxury cars like Porsches, Lamborghinis, Bentleys and Volkswagen — along with several high-end electric vehicles — have sunk aboard a cargo ship in the Atlantic that caught fire…
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Brent crude breaches $100 per barrel mark again
New Delhi: Concerns over lower supply amid escalating Russia-Ukraine conflict pushed up global crude oil prices to $102 per barrel on Tuesday. The rise in crude oil prices comes after negotiations failed…
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Reliance Retail Ventures acquires majority stake in Abraham & Thakore
Mumbai: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited and the holding company of all retail companies within the group, on Tuesday said it has bought a majority stake…