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Ola Electric to lay off 500 staff in restructuring drive

Business
MUMBAI: Less than four months after Ola Electric got listed on the bourses, it is laying off 500 employees as part...

food inflation: Kitchen essentials buck slowdown trend: Hopes of demand recovery rise as staples segment sees double-digit growth in Sept qtr

Economy
Staples and essentials are largely bucking the consumption slowdown at mostly double-digit volume sales growth, which industry executives said indicates consumers are not...

Stable inflation is important to sustain growth: RBI Guv Das

Economy
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the central bank remains committed to realigning inflation with the legally...

Ahead of Market: 10 things that will decide stock market action on Friday

Stocks
Notwithstanding a late recovery towards the end, Indian benchmark indices fell sharply on Thursday weighed down by a sell-off in Adani Group stocks...

Can Trump really pay off the US national debt with bitcoin?

Crypto
“The press takes him literally, but not seriously; his supporters take him seriously, but not literally.” So wrote Salena Zito, back in September...

Nvidia stock seesaws following earnings beat, strong outlook as ‘age of AI is in full steam’

Market
Nvidia (NVDA) reported third quarter earnings after the bell on Wednesday that topped expectations on the strength of sales...

LIC’s Adani portfolio declines by Rs 8,683 crore in one day amid sell-off

Stocks
State-run insurer Life Insurance Corporation of India (LIC), which has stakes in seven Adani Group stocks, witnessed an erosion of Rs 8,683 crore...

Does Your State Have an Estate or Inheritance Tax – 2024

Realestate
We have covered this issue over the past several years and it’s interesting to see how it has changed.  The old axiom about...

RBI purchases $9.6 bn in September to curb rupee’s appreciation amid strong foreign investment inflows

Economy
Mumbai: The Reserve Bank of India net purchased $9.6 billion in September, its highest monthly purchase in six months, as the central bank...

Rupee hits a new low at 84.50 against US dollar

Business
The rupee fell by 8 paise on Thursday to settle at an all-time low of 84.50 against the US dollar, primarily...

Bitcoin Climbs Closer to $100,000 on Trump’s Support for Crypto

Market
(Bloomberg) -- Bitcoin closed in on the historic $100,000 level, fueled by optimism that President-elect Donald Trump’s support for...

Rising dollar puts Indian markets on edge. These sectors are feeling the pinch

Stocks
The Dollar Index has surged above 106, reflecting the growing strength of the US dollar, which has put pressure on emerging markets, particularly...
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