Fed Attacks US Inflation With Another 75 Basis Points Rate Hike

The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing...

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After LIC, Government Eyes Export Credit Agency's IPO By March 2023

Export Credit Agency, ECGC Ltd's Chairman-and-Managing Director (CMD) M Senthilnathan on Tuesday said the listing of the export credit agency on the stock exchange is likely to happen in the last...

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Policybazaar Says Its IT System Hacked; Authorities Informed

PB Fintech, the parent company of Policybazaar Insurance Brokers Private Ltd, on Sunday said that the IT system of the firm was hacked on July 19 and subsequent corrective action was taken.

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Global Equity Funds Record Biggest Weekly Outflow In Five Weeks

Global equity funds recorded their biggest weekly outflow in five weeks in the week to July 20

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India Set On Course To Become World's Fastest-Growing Economy, Says RBI

In a global landscape marred by fears of recession and war, the Indian economy shows resilience, said the RBI.

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Beware Of This Fake RBI Compensation Payment Notification: Government

A fake notification issued in the name of the Reserve Bank of India claims to offer Rs 4 crores 59 lakhs to the beneficiary is circulating, beware, warned the Press Information Bureau (PIB), a...

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Binance Posts A Picture To Celebrate 5th Anniversary Amid Crypto Meltdown

The world's largest crypto exchange, Binance, celebrated its 5th anniversary by posting a picture on instagram, in which the firm wrote, "its too pretty, not sure if I want to eat or display these."

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Electric Vehicle Maker Rivian Plans Hundreds Of Job Cuts: Report

Electric vehicle maker Rivian Automotive plans to cut hundreds of jobs, possibly around 5 per cent of its total work force, Bloomberg News reported on Monday, citing people familiar with the matter.

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Elon Musk's Tesla Stock Sale Windfall Dwarfs Twitter Deal Loss

Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars...

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Postpone Decision On Crypto GST, Suggests Officers' Committee

The officers' committee on GST has suggested the GST Council defer a decision on the cryptocurrency and other virtual digital assets tax

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India's Q4 GDP Growth May Slip To One-Year Low On Weak Consumption

Soaring prices and the subsequent hit to consumer spending and investments are likely to further dampen India's economy, as the central bank faces a finely balanced struggle to tame inflation via rate...

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Centre Retracts Advisory On Sharing Photocopy Of Aadhaar With Entities

The government has withdrawn an UIDAI advisory that cautioned the general public against sharing photocopy of their Aadhaar with any organisation.

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US Federal Reserve Raises Interest Rate By Half Point To Curb Inflation

The Federal Reserve on Wednesday raised the benchmark lending rate by a half percentage point in its ongoing effort to contain the highest inflation in four decades.

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India's Unemployment Rate Rises To 7.83% In April: Report

India's unemployment rate rose to 7.83% in April from 7.60% in March, data from the Centre for Monitoring Indian Economy (CMIE) showed on Sunday.

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Check RBI's List Of Bank Holidays In May

Bank customers will be able to transact on holidays using online banking facilities, including mobile applications.

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Petrol, Diesel Prices Kept Unchanged For 12th Straight Day. See Rates

Fuel prices were unchanged for the 12th consecutive day on Monday across metro cities.

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Inflation Likely Sped Up To A 16-Month High In March: Report

Retail inflation likely sped up to a 16-month high of 6.35 per cent in March, well above the Reserve Bank of India's upper tolerance band for a third straight month, in part due to a sustained rise in...

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Petrol, Diesel Prices Kept Unchanged For Fifth Straight Day. See Rates

Fuel prices were unchanged for the fifth consecutive day on Monday across metro cities after being hiked 14 times in 20 days.

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Petrol, Diesel Prices Increased Again, 12th Hike In Two Weeks. See Rates

Fuel prices were hiked again on Monday for the twelfth time in two weeks.

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Fuel Prices To Again Be Increased Today, Second Day In A Row: Report

Indian Oil Corp, the country's top fuel retailer, will raise petrol and diesel price by 0.80 rupees a litre from Wednesday, the second such increase in pump prices in as many days, a notification sent...

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