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Business
Bank of Baroda Reports 36% Increase in Net Profit, Reaching Rs 6,532 Crore
Bank of Baroda reported a standalone net profit of Rs 6,531.54 crore for the quarter ending September 30, 2026, marking a 35.81% increase from Rs 4,809.39 crore in the same…
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Business
Gold Prices Reach One-Year Low, Silver Dips Below $50 Amid Inflation Concerns
NEW DELHI: Precious metals are facing significant declines, with gold prices hitting a one-year low and silver dropping below $50 an ounce for the first time in nearly a year.…
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Business
Tata Motors Secures Majority Stake in Italian Commercial Vehicle Manufacturer Iveco for 3.43 Billion Euros
NEW DELHI: Tata Motors has secured an 89.42% stake in Italian commercial vehicle manufacturer Iveco Group for approximately 3.43 billion euros. This acquisition, finalized through a cash tender offer, positions…
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Business
NHAI Advances Free-Flow Tolling Initiative to Reduce Land Acquisition Requirements and Limit Toll Plaza Lanes to Eight
New Delhi: The National Highways Authority of India (NHAI) has announced that all future national highway projects will feature toll plazas limited to a maximum of eight lanes. This decision…
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Business
Surge in LNG Imports Driven by Power and Fertiliser Sectors
NEW DELHI: India’s liquefied natural gas (LNG) imports surged 17.4% in October, reaching a record 2.7 million tonnes. This increase is driven by heightened demand from the power, fertiliser, and…
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Business
NBFCs Surpass Housing Sector as Leading Force in Bank Credit Growth
MUMBAI: In the first half of FY27, Indian banks extended Rs 16.1 lakh crore in non-food credit, with non-banking financial companies (NBFCs) receiving Rs 1.8 lakh crore, surpassing the Rs…
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Business
Nasdaq Suffers Major Losses: $2 Trillion Decline in October
More than $2 trillion in market value is expected to be wiped from the Nasdaq 100 this month, driven by heightened investor scrutiny over the returns from massive investments in…
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Business
Reliance Industries Reports 34% Increase in Q2 Net Profit, Reaching Rs 29,550 Crore
MUMBAI: Reliance Industries, India’s largest company by market capitalization, reported a 34% increase in second-quarter profit for FY27, reaching Rs 29,550 crore. This figure surpassed analysts’ expectations of Rs 21,419…
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Oil Prices Surge Amid Houthi Attacks on Saudi Arabia, Heightening Supply Concerns; Brent Approaches $116
Crude oil prices surged on Friday, with Brent crude surpassing $115 a barrel amid escalating tensions in the Middle East. Attacks on Saudi energy infrastructure and increasing threats to shipping…
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Business
Alphabet, Google’s Parent Company, Sees $500 Billion Drop in Market Value Amid AI Spending Concerns
Shares of Alphabet, Google’s parent company, plummeted over 12% on Thursday, resulting in a staggering $500 billion loss in market value. This decline marks one of the largest single-day losses…
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Business
Amazon Stock Drops 7% Amid AI Spending Worries, Cloud Growth Impacted
Amazon shares fell sharply in after-hours trading on Thursday as heavy investments in artificial intelligence and a weaker-than-expected earnings report overshadowed strong growth in its cloud computing division. The company’s…
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Business
Trent’s Shares Surge Following Impressive Q2 Results and Zudio Reaches 1,000-Store Milestone
NEW DELHI: Trent shares surged nearly 7% on Friday following a robust 25% year-on-year increase in consolidated net profit for the September quarter. The stock rose 6.73% to Rs 3,059…
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Business
RBI Demands Evidence of Cyber Compliance from Banks Amid Increasing Cyber Attacks
NEW DELHI: The Reserve Bank of India (RBI) has mandated banks to enhance their cybersecurity protocols in response to a surge in cyberattacks targeting financial institutions. Sources familiar with the…
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Business
Global LNG Prices Surge 6%: Impact on India’s Gas Affordability
Global energy markets are grappling with significant supply disruptions, leading to rising liquefied natural gas (LNG) prices and increased crude transportation costs. According to a report by Jefferies, LNG prices…
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Business
Rupee Strengthens by 33 Paise Amid Dollar Weakness; Sensex and Nifty Close Higher
NEW DELHI: The Indian rupee strengthened against the US dollar on Friday, gaining 33 paise to close at 94.93. This uptick was supported by a weaker dollar and positive sentiment…
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