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MUMBAI: The rupee closed at 92.46 on Friday after touching a record low of 92.48, down 27 paise from the previous close of 92.19, as high crude prices and weekend demand for dollars weighed on sentiment. Market participants said currency losses were partly limited by likely central bank intervention.Energy prices remain elevated as the Gulf…
Nagpur: A four-year-old boy was accidentally locked overnight inside his school classroom in Nagpur’s Khaparkheda, sparking panic in his family. Himanshu Bagde, living just half a kilometre from the school, had wandered into the classroom while playing Wednesday, unaware that staff would later lock the premises without checking the rooms, reports Soumitra Bose. When Himanshu…
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TMC’s Abhishek Banerjee (File photo) NEW DELHI: Trinamool Congress (TMC) leader Abhishek Banerjee on Tuesday said he had to borrow a chopper from Jharkhand chief minister Hemant Soren after his helicopter was not given a clearance to attend a poll rally.Calling the non-clearance a “trick” by the rival BJP, Banerjee said, “BJP thinks these tricks…
Sebastian Siemiatkowski, CEO and Co-Founder of Swedish fintech Klarna, gives a thumbs up during the company’s IPO at the New York Stock Exchange in New York City, U.S., Sept. 10, 2025. Brendan McDermid | Reuters Klarna topped Wall Street third-quarter revenue expectations in its first earnings report after debuting on the New York Stock Exchange…
NEW DELHI: The income tax department Saturday unveiled the draft income tax rules which aim to simplify tax filing and usher in ease of compliance. The new rules, which will come into effect from April 1, cover a range of issues for ordinary taxpayers and companies, with an emphasis on simplification, faceless assessments and reducing…
OPEC+ on Sunday announced a higher-than-expected increase in oil production quotas, days after US and Israeli strikes on Tehran triggered Iranian retaliation across the Middle East, according to AFP.The oil producers’ group, which includes Saudi Arabia, Russia and several Gulf states affected by the escalation, said it had “agreed on a production adjustment of 206…
India’s residential real estate market moved into a phase of normalisation in 2025, with housing sales moderating from elevated levels even as prices stayed firm, reflecting a more disciplined and resilient market structure, according to a report by digital real estate transaction and advisory platform PropTiger.Across the top eight cities, all-India residential sales declined 12%…
Indian equity benchmarks, Nifty50 and BSE Sensex, continued their losing streak on Wednesday, as investors turned cautious amid escalating geopolitical tensions and renewed worries over possible tariff increases by the United States.The decline was compounded by continued selling from foreign investors. At 12:21 PM, Nifty50 was trading at 26,101.25, down 77 points or 0.30%. BSE…
