Economy

Bengaluru:  Driven by high pent-up demand and premiumisation wave, e-commerce sales in India are estimated to reach Rs 1 lakh-Rs 1.2 lakh crore in gross merchandise value (GMV) this festive season, a report said on Monday. This will be…
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San Francisco: Global investment firm Fidelity has reduce the value of its holding in Elon Musk-run X (formerly Twitter) by a massive 78.7 per cent, which implies that the X social media platform is likely valued at just $9.4 billion.…
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Jaipur: Rajasthan Chief Minister Bhajan Lal Sharma will be in the national capital for two days from Monday to lead the Delhi leg of the investors’ meet and outreach programme aimed at building up the momentum for the upcoming ‘Rising…
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Seoul/New Delhi: Hyundai Motor on Monday reached a major milestone of 100 million units in global cumulative production, an achievement accomplished in 57 years since the company's foundation, the automaker said. In celebration of the…
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New Delhi: After a long-standing and dramatic courtroom battle, BharatPe on Monday said it has arrived at an agreement with its former co-founder Ashneer Grover, who was charged, along with his family members, by the fintech company for…
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New Delhi:  China’s PC shipments (including desktops, notebooks and workstations) fell by 6 per cent (year-on-year) to 9.1 million in the April-June quarter as weak demand continued. The country’s PC shipments declined by 6 per cent in…
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New Delhi: Union Commerce and Industry Minister Piyush Goyal is set to interact with leading American and Indian CEOs during his visit to the US next week and discuss investment avenues. Minister Goyal will co-chair the India-USA CEO…
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New Delhi: Prime Minister Narendra Modi’s efforts in developing Uttar Pradesh will help the state reach $1 trillion economy in the first phase, Union Commerce and Industry Minister, Piyush Goyal, has said. According to the minister, the…
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New Delhi: India’s gold reserves are increasing at a regular basis and according to experts, bullion is likely to remain supported by safe-haven demand and strong buying among gold exchange-traded fund (ETF) investors. As per latest data…
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New Delhi: Global technology company Nokia on Saturday announced it has been awarded a three-year deal by Vodafone Idea Limited (VIL) to deploy 4G and 5G equipment in India. The companies will deploy 5G network across major cities. The…
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