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November, 29

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Banks tap business, rework plan to raise low-cost deposits

NEW DELHI: The Centre's "just-in-time" mechanism to release money for government agencies, including at the state level, has forced banks to rework their...

Paytm Q2: Losses narrow 49% year-on-year to Rs 291.7 crore

NEW DELHI: One 97 Communications which runs fintech major Paytm reported a 49% year-on-year decline in consolidated net losses in the September quarter...

Job scandal: TCS sacks 16 employees

BENGALURU: TCS has sacked 16 employees, while three have been removed from the resource management function in a bribe-for-jobs scandal. Also, six vendor...

India’s unemployment rate declines to 1-year low in September

India’s unemployment rate dropped to a one-year low in September as joblessness in rural areas fell despite weak monsoon rains. The overall joblessness...

Household savings at 16-year low threaten India’s growth

Rising debt payments are eroding the spending power of Indian households and threatening to choke off the funds that fuel the fastest-growing major...

Number of govt-recognised startups crosses 1 lakh mark: Piyush Goyal

NEW DELHI: The number of government-recognized startups has increased to over 1 lakh at present from 450 in 2016, commerce and industry minister...

Koo seeks funding, partner to scale: Co-founder

BENGALURU: Koo, the homegrown microblogging alternative to X, is seeking fresh funding or a strategic partnership to stay the course amid a funding...

Infosys signs $1.5 billion contract to leverage AI solutions

BENGALURU: India's second-largest software services exporter Infosys said it signed a $1.5 billion contract for a 15-year period with a "global company".Under the...

China 2023 GDP growth forecast cut to 5.0%, 4.5% in 2024: Economists

BENGALURU: China's economy will grow less than previously thought this year and next as a struggling property market dogs what was once the...

Markets log gains for 3rd day on buying in Reliance, Infosys

MUMBAI: Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Tuesday on gains in market heavyweights ITC, Reliance...

Is sugar the next kitchen crisis? All you need to know

The Indian Sugar Mill Association (ISMA) has refuted reports that the government is about to ban the export of sugar. ISMA called it...

Hdfc Bank: Sensex closes lower by 180 pts as RIL, HDFC Bank decline; snaps 3-day gaining streak

MUMBAI: Benchmark stock indices Sensex and Nifty closed lower on Thursday after three days of gains dragged mainly by selling in index majors...

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