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Economy

The Bigger Fool Theory gaining traction as startups mount

New Delhi, July 20 (IANS) Startup funding at stratospheric levels is following the Bigger Fool Theory, experts say. The rarified echelons of Higher Finance follow...

Trinamool welcomes Tatas to make big investments in Bengal

By Anwesha Bhaumik Kolkata, July 19 (IANS) More than a decade after forcing them to shift their planned car factory from Singur, the Trinamool Congress...

Record broker defaults cause crippling losses to investors

New Delhi, July 17 (IANS) With broker defaults continuing, the industry has witnessed a record 28 defaults or expulsions since November 2019, just a...

Currency Squeeze: Rupee expected to weaken further

By Rohit Vaid Mumbai, July 17 (IANS) High imported commodity prices is expected to weaken the Indian rupee against the US dollar during the trade...

India’s forex reserves rise by over $1.8 billion

Mumbai, July 16 (IANS) India's foreign exchange reserves rose by $1.883 billion during the week ended July 9. According to the Reserve Bank of India's...

Reliance Retail to acquire controlling stake in Just Dial for Rs 3,497 cr

Mumbai, July 16 (IANS) Reliance Retail Ventures Limited (RRVL), Just Dial and VSS Mani and others on Friday executed definitive agreements which will entail...

India’s much-anticipated ‘bad bank’ finally takes shape

Mumbai, July 13 (IANS) The long-standing wait for India's "bad bank" has come to an end with the incorporation of the National Asset Reconstruction...

Killer Prices: High inflation dents savings, threatens recovery

New Delhi, July 12 (IANS) High rate of retail inflation has not only dented household savings, but is now threatening the viability of a...

3,500 industrialists invested in UP in last 4 yrs

Lucknow, July 12 (IANS) More than 3,500 big industrialists have acquired land in Uttar Pradesh State Industrial Development Authority (UPSIDA) areas, spread across 51...

Major headway for LIC IPO with CCEA’s green signal

New Delhi, July 12 (IANS) Keeping the government's plan to come up with the mega IPO of insurance major LIC in the ongoing financial...