News / Business
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BusinessRupee rises one paisa to settle at 95.47 against US dollar
A recovery in the stock markets and dollar selling by state-run lenders supported the rupee amid rising volatility West Asia.
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BusinessOil prices jump more than 6% after Trump claims Iran ceasefire 'over'
The price of Brent crude oil jumped 6.3 per cent to $78.80 a barrel whereas US benchmark crude surged 6.4 per cent to $75.00 a barrel.
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BusinessAdani to file affidavit in US court this week
The affidavit will state whether Adani was aware of any promise, agreement or benefit linked to the US government's decision to dismiss a criminal indictment against him in a $250 million bribery case.
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BusinessRBI launches three key surveys ahead of monetary policy review
The surveys on inflation expectations and consumer confidence will help shape the central bank's upcoming monetary policy decisions.
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BusinessSensex rebounds 238 points on value buying after recent sharp losses
Brent crude, the global oil benchmark, traded marginally higher by 0.15 per cent to $78.14 per barrel.
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BusinessIndia government waives basic customs duty on key inputs for electronics manufacturing
The finance ministry issued three separate notifications giving effect to the Basic Customs Duty (BCD) waiver on the goods used in manufacture of the three key components used in electronic devices.
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BusinessTenuous state of US-Iran ceasefire renews anxiety over high fuel prices
Oil prices rose to their highest point in weeks after President Donald Trump declared the US ceasefire with Iran over, responding to Iranian attacks on commercial ships in the Strait of Hormuz and on American military sites in other Gulf nations.
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BusinessSensex, Nifty tumble over 2% as oil prices surge
Markets slumped after Donald Trump declared the US-Iran interim agreement over, sending Brent crude sharply higher and denting investor sentiment.
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BusinessForeign investment in Swiggy falls below 50% threshold
The development assumes significance as the company has been trying to qualify as an Indian owned and controlled company (IOCC).
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Business
Rupee appreciates 48 paise to close at 94.95 against US dollar
Indian currency strengthened as improved Strait of Hormuz traffic eased supply worries, while softer crude prices boosted market sentiment.
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BusinessSebi reintroduces open market share buyback via exchanges from Aug 1; move aimed at greater transparency
"With effect from August 1, 2026, the buyback from the open market through the stock exchange shall be less than fifteen per cent of the paid-up capital and free reserves of the company, based on both standalone and consolidated financial statements of the company."
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BusinessPaddy sowing down 13 per cent, total Kharif acreage falls 21 per cent due to low rainfall
The pulses sowing has also declined to 37.15 lakh hectares from 47.49 lakh hectares last year, the data showed.
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BusinessMicrosoft cuts 4,800 jobs, including 1,600 at Xbox
The layoffs are part of a broader restructuring aimed at resetting Microsoft's gaming business amid mounting industry challenges.
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BusinessIndian rupee falls 20 paise to close at 95.38 against US dollar
India's Forex reserves dropped $5.654 billion to $666.933 billion during the week that ended on June 26, according to the RBI.
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BusinessGold slips ₹150, silver drops ₹5,000 as strong US Dollar dents bullion demand
Silver snapped a four-day rally while gold edged lower amid a stronger greenback.
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BusinessUS DOJ says dropping Adani case was unrelated to $10 billion investment plans
The Justice Department said the prosecution was legally unsustainable and denied reports that its decision was influenced by the Adani Group's proposed US investments.
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BusinessSBI to recruit 1,500 probationary officers this year
The last date for application is July 8, and the bank expects to complete the entire process by December.
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BusinessFMCG firms optimistic on demand outlook for current fiscal
Companies like Dabur India, Godrej Consumer Products Ltd (GCPL) and Marico have reported strong business momentum in the June quarter.
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BusinessFinance Ministry notifies rules of origin under India-UK trade pact
CETA secures duty-free access for 99 per cent of India's exports to the UK, covering nearly the entire trade basket.
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BusinessTata Power launches zero upfront rooftop solar scheme for businesses in Punjab
By linking repayments to projected energy output, the scheme helps businesses improve cash flow while transitioning towards clean energy.