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Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 19 paise to 86.59 against the U.S. dollar in early trade on Friday (July 25, 2025), a negative trend in domestic equities and foreign fund outflows dented investors’ sentiments. Forex traders said the local unit is trading in a range-bound manner as…
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The head office of Canara Bank in Bengaluru. Canara Bank on Thursday (July 24, 2025) reported a 21.69% year-on-year increase in first quarter (FY26) net profit at ₹4,752 crore, up from ₹3,905 crore in the corresponding quarter a year ago. The bank stated that a significant increase in non-interest income drove the growth. Bank’s Q1…
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Generic drugmaker Lupin has received U.S. Food and Drug Administration approval for its abbreviated new drug applications for Liraglutide Injection single-patient-use prefilled pens and Glucagon for injection vials. Both the products will be manufactured at the company’s injectable facility in Nagpur, Lupin said. Liraglutide injection 18 mg/3 mL (6 mg/mL) single-patient-use prefilled pen…
Read More “Lupin gets U.S. FDA nod for two generic diabetes drugs ” »
India Inc on Thursday (July 24, 2025) hailed the India-UK free trade agreement. This landmark deal paves the way for a new era of economic cooperation between two vibrant economies, R. Dinesh, Chairman, TVS Supply Chain Solutions, said. As a company with a strong presence in both India and the U.K., we at TVS Supply…
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Image used for representative purpose only. | Photo Credit: Reuters The rupee pared its initial gains and settled for the day 1 paisa higher at 86.40 (provisional) against the U.S. dollar on Thursday (July 24, 2025), as risk aversion in global markets and an overnight recovery in crude oil prices dented investors’ sentiments. Forex traders…
Read More “Rupee rises 1 paisa to close at 86.40 against U.S. dollar” »
A broker reacts while watching the downfall of stocks at Bombay Stock Exchange in Mumbai. File | Photo Credit: PTI Equity markets fell on Thursday (July 24, 2025) with the benchmark Sensex tumbling 542.47 points, amid profit-taking in blue-chip stocks and continuous foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to…
Read More “Sensex tanks 542 points dragged down by blue-chip stocks, foreign fund outflows” »
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: AP Benchmark indices Sensex and Nifty declined in early trade on Thursday (July 24, 2025) amid profit-taking in blue-chip stocks and continuous foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later…
Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 17 paise to 86.24 against the U.S. dollar in early trade on Thursday (July 24, 2025), tracking the weakness of the American currency in the overseas market. Forex traders said uncertainty over the India-U.S. trade deal has been a huge overhang for…
Read More “Rupee rises 17 paise to 86.24 against U.S. dollar in early trade” »
U.S. President Donald Trump unveiled an aggressive, low-regulation strategy on Wednesday to boost big tech’s race to stay ahead of China on artificial intelligence and cement U.S. dominance in the fast-expanding field. Mr. Trump’s 25-page “America’s AI Action Plan” outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. The administration frames AI…
Read More “Trump’s AI plan prioritises deregulation to boost U.S. dominance” »