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Economy
Will double down on India growth in next 6 months: WhatsApp Pay
New Delhi: WhatsApp India on Tuesday said that over the next six months, it will make significant investments regarding digital payments on its platform across the country, to accelerate its growth in a market where adoption of unified…
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PhonePe ‘SafeCard’ Enables Businesses to Implement Tokenisation Easily
Bengaluru: PhonePe, Indias leading digital payments platform, on Tuesday announced that its SafeCard tokenisation solution for online businesses enables their end customers to experience the convenience of saved card transactions with…
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$US reverses losses as risk sentiment improves
New York: The US dollar rose in late trading as investors' concern over Covid-19 variant Omicron recedes.
The dollar index, which measures the greenback against six major peers, rose 0.30 per cent at 96.3315 in late trading, Xinhua news…
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Parag Agarwal joins elite club of Indian-origin CEOs
New Delhi: Parag Agarwal, the newly-appointed CEO of Twitter, has joined the high-profile league of Indian and Indian origin honchos, who are calling the shots at global corporations.
Agarwal joins Microsoft CEO Satya Nadella, Alphabet…
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LIC gets RBI approval to raise stake in Kotak Mahindra Bank
New Delhi: Life Insurance Corporation (LIC) has received approval from the Reserve Bank of India (RBI) to increase its stake in the Kotak Mahindra Bank.
The approval is to raise LIC's stake in the bank up to 9.99 per cent from the…
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Real estate sector to contribute 13% to India’s GDP by 2025
New Delhi: According to a report released in August by the Indian Real Estate Industry, the real estate market is all set to reach a market size of $1 trillion by 2030, and will contribute 13 per cent to the GDP by 2025.
The report also…
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Now, Reliance Jio raises prepaid tariffs by around 20%
New Delhi: After Bharti Airtel and Vodafone Idea, telecom major Reliance Jio said it would raise tariffs for its prepaid users by around 20 per cent.
The revised tariffs will come into effect from December 1, the telecom major said.…
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RBI’s recent norms may spike NPAs for NBFCs, says ICRA
New Delhi: The Reserve Bank of India's recent notification on income recognition, asset classification, and provisioning norms for banks, non-banking financial institutions, and all-India financial institutions may lead to a sharp spike in…
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Tomato prices may stay high for another 2 months: Crisil
New Delhi: Prices of staple vegetable tomato are likely to stay elevated for two more months, CRISIL said.
Tomatoes account for 10 per cent of the total vegetable production in India.
"With standing crops damaged by excess rains in…
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US dollar falls amid rising risk aversion
New York: The US dollar recorded a deep decrease in late trading on Friday as demand for a safe haven shot up.
The dollar index, which measures the greenback against six major peers, decreased 0.75 per cent at 96.0468 in late trading.…
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