Economy

New Delhi:  The free fall in the global cryptocurrency market continued on Thursday as over $275 billion were wiped off from its global market cap within 24 hours and Bitcoin dropped to nearly $27,000 - a level it saw in December 2020.…
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New Delhi:  Artificial intelligence and data analytics are playing a pivotal role in targeting instances of smuggling which have significantly helped in dealing with the growing menace of illicit trade, said Vivek Johri, Chairman, Central…
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New Delhi:  Shares of Punjab National Bank saw a steep decline on Thursday after the lender reported weak earnings during Q4FY22. The state-owned lender's standalone net profit dropped 66 per cent year on year to Rs 201 crore in Q4FY22.…
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London:  The world's second largest cryptocurrency Ethereum has joined the cryptocurrency crash - plummeting in value by 20 per cent over the last 24 hours - as the digital currency downturn hammers investors who bought during the Covid…
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Chennai:  Shelving its plans to roll out electric vehicles out of its two plants, Ford India Pvt Ltd will resume compensation talks with its workers. "The management has told the workers that it has no plans to make electric vehicles in…
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New Delhi:  Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.14 billion) for the year ending March 31, saying that it would be forced to cut startup funding by more than half this year.…
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New Delhi:  The dramatic crash of Terra (Luna), ranked among the top 10 most valuable cryptocurrencies, has wreaked havoc in the lives of investors who are feared they will become homeless after the crypto mayhem. Within the last 24…
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New Delhi:  Shares of Relaxo Footwears declined over 5 per cent after the company reported weak operational performance in Q4FY22. Earnings before interest, taxes, depreciation, and amortization (EBITDA) margins of the company declined…
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The two industry bodies are - Life Insurance Council and General Insurance Council. Industry officials told IANS preferring anonymity that the new Chairman of the Insurance Regulatory and Development Authority of India (IRDAI) Debasish…
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New Delhi: Indian equity benchmarks extended their losses from the previous session and tanked sharply due to weak global cues amidst high volatility. Asian stocks fell as the US inflation for April stood persistently high, which dented…
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