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India banking system remains stable, resilient: RBI governor Shaktikanta Das
MUMBAI: India’s banking system continues to be stable and resilient, and lenders have built sufficient buffers to shield themselves from…
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Stock markets in ‘bloodbath’ as bank fears resurface
LONDON: Stock markets sank on Wednesday on renewed fears of a burgeoning banking crisis, snapping a one-day rally as Credit…
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India to discourage foreign trade settlement in Chinese yuan: Sources
NW DELHI: India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government…
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Meta: Meta plans new layoffs that could match last year’s in scope
SAN FRANCISCO: Facebook parent Meta Platforms is planning additional layoffs to be announced in multiple rounds over the coming months…
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US weekly jobless claims rise more than expected
WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the underlying…
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Big relief for 20,000 homebuyers: NCLT approves Jaypee Infratech takeover
NEW DELHI: In a big relief for over 20,000 homebuyers, the National Company Law Tribunal (NCLT) on Tuesday cleared the…
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FMCG, dairy firms betting on strong double-digit sales growth this summer
NEW DELHI: Demand for ice creams and cold beverages like Cola have surged because of the onset of early summer…
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Silvergate: Bitcoin sinks to two-week low as Silvergate fallout hurts crypto
NEW YORK: Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets…
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Axis Bank completes acquisition of Citi’s India consumer business in Rs 11,603-crore deal
NEW DELHI: Private sector lender Axis Bank on Wednesday announced that it has completed acquisition of Citibank’s consumer business and…
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Investors’ wealth plunges Rs 10.42 lakh crore in 7 trading sessions
NEW DELHI: Seven consecutive sessions of decline in the equity market has eroded the wealth of investors by a whopping…
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