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As per market reports, the 24-carat gold was priced at Rs 71,510 per 10 grams on Wednesday, marking a notable decrease from its April 19 record rate of Rs 74,340.
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According to ‘India Market Monitor Q1 2024’ released by real estate consulting firm, CBRE South Asia Pvt. Ltd., Hyderabad witnessed an influx of luxury apartments and a surge in demand within this segment.
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India's gold demand in value terms rose 20 per cent to Rs 75,470 crore during the quarter compared to the same period last year.
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Favourable global cues combined with noticeable traction in banking majors aided a positive start, which further strengthened as the day progressed," said Ajit Mishra.
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BSE Sensex Surges 411.15 Points, NSE Nifty Rises 94.2 Points in Early Trade
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The domestic unit opened at 83.39 against the greenback at the interbank foreign exchange, slipping further to 83.43, marking a 5 paise loss from its previous close.
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The owner of X platform commented that in some instances, people are abusing the system by spamming to earn ad revenue, which is clearly unacceptable.
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In its latest quarterly results, the division of Mark Zuckerberg's company focused on AR/VR, known as Reality Labs, sustained ongoing losses.
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Utilizing high-quality raw materials from reputed suppliers like JSW Steel, TATA Steel, and Hindustan Zinc, Lanka SSL ensures top-notch finished products.
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The high-voltage battery in the BMW i5 M60 xDrive is covered by a warranty valid for eight years or up to 160,000 kilometres.
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On Wednesday evening, the Reserve Bank of India (RBI) issued a directive immediately prohibiting Kotak Mahindra Bank from acquiring new customers and issuing new credit cards.
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In the interbank foreign exchange market, the rupee started at 83.34 against the dollar, then dropped to an early low of 83.39 against the greenback, marking a 6-paise decline from its previous close.
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Kotak Mahindra Bank's stock plummeted by over 12% from the Sensex basket following RBI's restriction on online customer onboarding and credit card issuance.
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According to forex traders, high crude oil prices and substantial foreign fund outflows in the global market dampened investor sentiment.
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In early trade, the 30-share BSE Sensex surged 242.49 points to reach 73,980.94, while the NSE Nifty rose by 63 points to 22,431.
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"The conditions are shaping up for an extension of a trend upshift in India's real GDP growth, backed by strong investment demand and upbeat business and consumer sentiments," the report states.
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Called BharatPe One, the product is designed to streamline transactions for merchants, offering versatile payment acceptance options including dynamic and static QR code, tap-and-pay and traditional card payment options.
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After a continuous upward trend that lasted for 10 days, with gold prices surpassing Rs 72,500 per 10 grams for 24-carat purity, the prices saw a notable drop of Rs 1,150.
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Launching in the midst of IPL cricket season, the film titled "Relax, it's iPhone" reminds fans that they can watch their favourite game without missing a beat or worrying about damaging their iPhone.
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Announcing the third cohort of FLA, the firm said the programme aims to accelerate the growth journey of early-stage startups.
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The new facility will create job opportunities for up to 150 skilled professionals in the next 18-24 months and contribute to the economic growth and development of Telangana.
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The registrations were predominantly for apartments in the size range of 1,000 to 2,000 square feet, constituting 70 per cent of all registrations.
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Continuing its rebound from the previous day, the BSE Sensex surged 639.85 points to 73,728.18 in early trading, while the NSE Nifty rose by 190.1 points to 22,337.10.
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According to forex traders, the domestic currency strengthened as the US dollar and crude oil prices pulled back from their recent highs.