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ECONOMY
ONGC declares interim dividend as Q2 net profit surges to Rs 13,734 crore
New Delhi: Oil and Natural Gas Corporation (ONGC) on Friday reported a 65.5 per cent year-on-year increase in consolidated net profit to Rs 13,734 crore for the July-Sept quarter of the current financial year due to a reduction in costs.…
Israel-Hamas war has driven up gold prices by up to 15%: Crisil
New Delhi: The ongoing conflict in the Middle East, has caused only negligible disruption in India’s trade so far but has driven up prices of gold and crude oil.
Their trajectories will bear watching, especially crude oil, given India’s…
‘I had luck in life, I must give back’: Murthy’s reply to Truecaller CEO’s…
New Delhi: The co-founder and CEO of Truecaller, Alan Mamedi, in a post on X, revealed that when he first met Infosys founder Narayan Murthy eight years back, he had no idea who Murthy was and when asked "what he do", the billionaire…
Apple achieves all-time revenue record in India: CEO Tim Cook
Cupertino (California): Apple has achieved an all-time revenue record in India in the September quarter (Q3), said its CEO Tim Cook, adding that there is a lot of headroom to grow in the country where “a lot of people are moving into…
India-made iPhone shipments may grow 20% globally by 2024: Analyst
New Delhi: The India-made iPhone shipments will grow to 20 to 25 per cent globally by 2024, depending on market conditions, a leading analyst has said.
According to Ming-Chi Kuo of TF International Securities, the made-in-India iPhones…
Tatas set to write new India iPhone manufacturing story post Wistron plant acquisition
New Delhi: With Taiwanese electronics manufacturer Wistron selling its India operations to Tata Group for $125 million, Tata Electronics is going to become the first Indian company to manufacture new Apple iPhones in the country, which is a…
Income Tax compliance in India is on the upswing across slabs
New Delhi: Data released by the Income Tax Department on Thursday shows that a healthy trend of increased compliance by taxpayers is continuing to grow which augurs well for the country going ahead.
The data shows that the number of…
Gold prices rise to 3-month high on back of safe-haven demand
Mumbai: Gold prices rose to a three-month high on Friday and were headed for a second consecutive weekly gain, on the back of a safe-haven demand due to the Middle East conflict and expectations that the US Federal Reserve was likely to…
‘Israel-Hamas war is a dark cloud for world economy’, says IMF chief
New Delhi: International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the Israel-Hamas conflict has darkened the horizon for the world economy that was already going through a phase of weak growth.
Georgieva said…
97% of Indian firms see hybrid, remote work beneficial for business: Report
New Delhi: About 97 per cent of Indian firms believe that allowing for remote and hybrid work has improved their bottom line, while 79 per cent of organisations agreed that hybrid and remote working has led to their investment in mobility…