Economy

New Delhi:  Reliance Industries Limited (RIL) reported a strong operating quarter with a slight beat at the EBITDA level, JP Morgan said in a report. Reported PAT was a large beat driven by exceptional gains on the exit of shale assets.…
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New Delhi:  India's hotel and restaurant industry has urged the Centre to make travel expenses deductible under IT returns in Budget FY23. Notably, the sector has been heavily battered due to the Covid-19 pandemic and the subsequent…
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San Francisco: IBM has announced to sell healthcare data and analytics assets from the company (currently part of the IBM Watson Health business) to Francisco Partners, a leading global investment firm. Although financial terms of the…
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New Delhi:  Telecom service provider Vodafone Idea's net losses widened year-on-year to Rs 7,230 crore during the Q3FY22. In the same quarter last fiscal, it was Rs 4,532 crore. In Q2FY22, it was Rs 7,132 crore. Revenue from operations…
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New Delhi:  Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, announced the appointment of Anil Kumar Chaudhary as Chief Executive Officer for the Metals & Mining business. He will be the member of the Executive…
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New Delhi:  The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on the National Stock Exchange (NSE) extended their losses from the previous three consecutive sessions and declined on Friday. At 10.25 a.m., Sensex traded at…
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New Delhi:  The All-India Consumer Price Index Numbers for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) for the month of December 2021 increased by 5 points each to stand at 1097 and 1106 points respectively. The major…
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New Delhi:  The Employees' Provident Fund Organisation (EPFO) added 13.95 lakh net subscribers in November 2021, marking an increase of around 2.85 lakh net subscribers over the previous month. Year-on-year comparison of payroll data…
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New Delhi:  India's B2B business is expected to rise by 10.3 per cent in 2022, global payments company American Express said. A study conducted by American Express India and Invest India in partnership with the Centre for Business and…
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New Delhi: The upcoming Union Budget will be tracked for announcements in self-liquidating temporary personal job/income supporting measures to boost private consumption in the immediate future. Some measures to support the rural…
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