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Economy
India’s Nov wholesale price inflation rises to over 14%
New Delhi: Higher prices of commodities, food items and manufactured products lifted India's November wholesale inflation on both sequential and year-on-year basis.
Accordingly, the annual rate of inflation, based on wholesale prices,…
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Adani signs world’s largest Green PPA with SECI
New Delhi: Adani Green Energy Ltd (AGEL), the worlds largest solar power developer and the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of…
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Record devaluation of Afghan currency amid economic woes
Kabul: Amid the ongoing humanitarian crisis in Afghanistan, the national currency, the afghani, has recorded an alarming drop against the US dollar leading to a sharp increase in the prices essential items like food and fuel.
The…
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This man accidentally sold a $300K ‘Bored Ape’ NFT for $3K
San Francisco: In a bizarre incident, a seller lost a moolah when he accidentally listed the price of his non-fungible token (NFT) as $3,000 (0.75 Ethereum) then the original price of $300,000 (75 Ethereum) on an NFT trading platform. The…
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Alaska Airlines expands oneworld partnership with new int’l flights
San Francisco: Alaska Airlines has announced plans of new non-stop international flights by next summer from the US West Coast hubs to airports with its one-world member airlines.
According to Alaska Airlines, British Airways will begin…
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India’s Nov retail inflation sequentially inches up to 4.91%
New Delhi: Higher food prices, as well as rising commodity costs, lifted India's November retail inflation on a sequential basis, official data showed on Monday.
As per the data, CPI inflation jumped to three-months high of 4.9 per cent…
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Walmart-owned Flipkart infuses $145 mn in agritech startup Ninjacart
Bengaluru: As e-grocery picks up momentum in India, Walmart-owned Flipkart on Monday announced to invest $145 million in agritech startup Ninjacart, which has helped over 1,00,000 farmers across 150 villages to generate better revenues.…
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Grofers rebrands as Blinkit, assures 10 minute delivery
New Delhi: Online grocery delivery firm Grofers has rebranded as Blinkit to indicate its focus on the quick commerce or 10-minute grocery delivery space.
The rebranding comes months after the company launched an initiative to deliver…
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Indian equities gain during Monday’s early trade
New Delhi: The 30-scrip Sensitive Index (Sensex) rose during the early trade on Monday.
At 9.30 a.m. the S&P BSE Sensex traded at 59,151 points, up 0.6 per cent.
It opened at 58,696 points from the previous close of 58,786…
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82 unicorns, $39bn funding & counting: Indian startups come of age
New Delhi: As we celebrate the phenomenal rise of the Indian startups, especially in the last two years, a number of global macro-economic factors served as tailwinds to help achieve this feat.
The global pandemic resulted in a digital…
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