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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 26.07.21

Crypto foray concern

The Reserve Bank of India’s plan for a central bank digital currency (CBDC) has generated a mixed response from digital currency exchanges. These exchanges hope the existing cryptocurrencies ca...
By Pinak Ghosh in Calcutta

Business  /  Published 26.07.21

5G: Trai to review grey areas

...
By R. Suryamurthy in New Delhi

Business  /  Published 26.07.21

Infrastructure demand keeps steel prices high

JSW Steel recorded its highest profit (Rs 5,900 crore) and revenue (Rs 28,902 crore) in a quarter marred by the brutal second wave of Covid-19. The company’s joint MD and CFO Seshagiri Rao tells...
By Sambit Saha

Business  /  Published 26.07.21

Decrypting the crypto

The back-to-back lockdowns over the last one-and-a half years have made people realise the importance of having a passive income source. Indians tried many ways to generate good money in search of a g...
By Amit Gupta

Business  /  Published 25.07.21

Tesla seeks import duty cut

Tesla Inc is likely to set up a factory in India if successful with imported vehicles, chief executive Elon Musk said on Twitter, after the company wrote to Indian ministries seeking a big reduction i...
By Our Special Correspondent in New Delhi

Business  /  Published 25.07.21

ICICI profit rises 78 per cent

ICICI Bank on Saturday reported a 78 per cent rise in standalone net profits for the quarter ended June 2021 on the back of a sharp fall in provisions. The private sector lender posted a net profit of...
By Our Special Correspondent in Mumbai

Business  /  Published 25.07.21

FDI inflows to remain robust

The country will continue to attract high foreign direct investment (FDIs) in the current financial year, commerce and industry minister Piyush Goyal said on Saturday. “This year, we are very c...
By Our Special Correspondent in New Delhi

Business  /  Published 25.07.21

ITC net profit jump 30%

Diversified ITC Ltd reported a 30 per cent jump in profit on a 35.9 per cent growth in revenue from operations in the first quarter of this fiscal as the overall business environment improved compared...
By Our Special Correspondent in Calcutta

Business  /  Published 24.07.21

Zomato’s market debut a pathbreaker

Here’s a question for every retail investor who bought shares in food delivery company Zomato’s IPO: The shares of India’s first Internet unicorn to list on the stock market rocketed...
By Paran Balakrishnan in New Delhi

Business  /  Published 24.07.21

Subdued Q1 for RIL

Reliance Industries (RIL) on Friday reported a net profit of Rs 13,806 crore for the first quarter ended June 30 — a sequential fall of 7.92 per cent as its businesses felt the impact of the sec...
By Our Special Correspondent in Mumbai


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