Business

A city steeped in history and cultural richness, Kochi has emerged as a popular destination for Indian travelers. Airbnb data revealed an over 60% increase in bookings for stays in Kochi in 2023 compared to the previous year, highlighting…
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Melina French Gates reflected on divorce from Bill Gates and said that the couple separated first before making the final decision in 2021. She said, “You know, I separated first before I made the full decision about a divorce. And to be…
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Indian shares tracked global equities higher with the benchmark indexes hitting record highs at the open as soft US retail sales data reinforced expectations of an early rate cut by the Federal Reserve. The NSE Nifty 50 was up 0.31% at…
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Mumbai, the financial capital of the country and home to the Hindi film industry, still remains. The most expensive city in the country for expatriates, according to a survey conducted by HR consultancy Mercer. Mumbai is notably expensive…
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A rally in several large technology companies drove stocks to all-time highs, with some prominent Wall Street strategists rushing to boost their targets even as many hedge funds grow increasingly cautious. The S&P 500 hit its 30th…
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Oyo is reportedly in talks to secure around ₹1,000 crore from the family offices of prominent Indian corporate executives and stock market experts. The Economic Times reported citing people in the know that potential investors include…
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Adani Ports & Special Economic Zone (APSEZ) reportedly got a key environmental and coastal regulation zone approval to more than double. The capacity of Mundra port at an investment of ₹45,000 crore. APSEZ applied to Ministry of…
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The Reserve Bank of India (RBI) imposed a fine of ₹1.45 crore on the Central Bank of India and ₹96.4 lakh on Sonali Bank PLC for non-compliance issues including loans and advances and Know Your Customer (KYC) norms, PTI reported. The…
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Next week will see 9 new IPOs (Initial Public Offerings), according to a Mint report. Around 24 companies are in-line to launch IPOs (Initial Public Offerings) in the next few months to collectively raise over ₹30,000 crore, Mahavir…
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The government has cut the windfall tax on petroleum crude to 3,250 Indian rupees ($38.90) per metric ton from 5,200 rupees, effective June 15, according to a notification issued on Friday. The tax, which is revised every fortnight,…
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