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Business

Stimulus termed inadequate

The Modi government came in for stinging criticism for cobbling an economic stimulus package that was “g...

IMF cuts forecast

The IMF has lowered its growth forecast for the country to 9.5 per cent for this fiscal from its earlier proje...
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Dr Reddy’s Lab plays spoilsport

Dr Reddy’s Laboratories (DRL) on Tuesday disappointed the Street as it reported a 36 per cent drop in ne...

SC to vet EA’s Future verdict

The Supreme Court on Tuesday said it would decide whether Singapore’s Emergency Arbitrator (EA) award, r...

Bank trio report mixed NPA trend

Canara Bank and Uco Bank on Tuesday reported a drop in their gross non-performing asset ratios for the quarter...

IndiGo loss at Rs 3,174cr

InterGlobe Aviation, parent of the country’s largest airline IndiGo, on Tuesday reported a net loss of R...

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Business  /  Published 27.07.21

Block Beats Company emerges as the new sun-rise in the block chain technology

A blockchain is a form of a database that keeps information different from a traditional database. Blockchains store data in blocks linked together. As new data arrives, it is added to a new block. On...
By ABP Digital Brand Studio

Business  /  Published 27.07.21

IMF downgrades India's growth forecast for FY22 to 9.5 per cent

The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to March 31, 2022 as the onset of a severe second Covid-19 wave cut into...
By Lalit K Jha in Washington

Business  /  Published 27.07.21

Sensex drops 273 points

Equity benchmark Sensex tumbled over 273 points on Tuesday, tracking losses in index majors Reliance Industries, Dr Reddy's and Axis Bank amid a massive selloff in Chinese markets. Despite openin...
By Our Bureau, PTI in Mumbai

Business  /  Published 27.07.21

Sensex rises over 150 points in early trade

  Equity benchmark Sensex surged over 150 points in early trade on Tuesday, tracking gains in index majors HDFC Bank, ICICI Bank and Tata Steel amid a positive trend in global markets. The 30-s...
By Our Bureau, PTI in Mumbai

Business  /  Published 27.07.21

Byju’s makes $600m buy

Edtech major Byju’s on Monday announced the acquisition of Singapore-based Great Learning in a transaction valued at $600 million, comprising cash, stock and earnout. The company has also earma...
By Our Special Correspondent in Mumbai

Business  /  Published 27.07.21

Paytm IPO in October

Indian digital payments firm Paytm expects to launch its initial public offering (IPO) at the end of October, pending regulatory approvals, a source familiar with the matter said on Monday. Paytm, wh...
By Reuters in New Delhi

Business  /  Published 27.07.21

Mallya declared bankrupt

A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to ...
By PTI in London

Business  /  Published 27.07.21

Kotak, Axis allay asset fears

Two private sector lenders — Kotak Mahindra Bank and Axis Bank — on Monday met analyst estimates of their asset quality, providing some relief amid renewed concerns of a rise in bad loans ...
By Our Special Correspondent in Mumbai

Business  /  Published 27.07.21

No plan to print money

The Centre has no plan to ask the Reserve Bank of India to print money to finance its deficit for the current fiscal even as the interest rates on government paper show little signs of softening with ...
By Our Special Correspondent in New Delhi

Business  /  Published 27.07.21

TaMo posts Rs 4,450cr loss

Tata Motors on Monday reported a greater than expected loss in the first quarter with its Indian operations coping more effectively than overseas arm Jaguar Land Rover to the twin challenges of the pa...
By Our Special Correspondent in Mumbai


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