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Day after cylinder blast at Bikaner shop, toll rises to 9

Bikaner, May 9 -- The toll in the cylinder blast at a shop in Rajasthan's Bikaner rose to nine, with five more bodies recovered from the debris and one person succumbing to injuries on Thursday, polic... Read More


chandrasekhar moves hc over defamation case

New Delhi, May 9 -- Former Union minister and BJP leader Rajeev Chandrasekhar has moved the Delhi high court against city court's decision dismissing his criminal defamation complaint filed against Co... Read More


Banks clock better loan quality in Q4 on write-offs

mumbai, May 9 -- India's leading banks have written off much higher value of loans in the previous fiscal year (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-offs ha... Read More


Govt mulls new fuel duty hike as crude prices fall

New Delhi, May 9 -- The government is considering another increase in special excise duty on petrol and diesel to get a share of the windfall profits of oil marketing companies arising from low crude ... Read More


No spectrum sale this yr, new bands likely in 2026

new delhi/mumbai, May 9 -- The Centre is unlikely to conduct a spectrum auction in 2025, according to two government officials as well as industry executives who are aware of the matter. Reason: India... Read More


GCCs scout for leadership from peers, not IT firms

bengaluru, May 9 -- Backend technology centres of the world's largest companies are increasingly hiring senior executives from peers as compared with information technology (IT) services companies, in... Read More


Merger plans halted for three public sector general insurers

new delhi, May 9 -- The government has deferred plans to merge or privatize three public sector general insurance companies to FY27 after they posted profits, people familiar with the matter said, giv... Read More


Global engines power order growth for L&T

mumbai, May 9 -- A surge in international business, particularly from the Middle East, helped India's largest engineering and infrastructure company Larsen & Toubro (L&T) grow its order book at a comp... Read More


Rupee falls 89p, the most since FebRUARY 2023

Mumbai, May 9 -- The Indian rupee fell nearly 1% on Thursday amid rising tensions between India and Pakistan. The local currency opened at 84.61 and moved between an intra-day high of 84.52 and a low ... Read More


We will counter Pak attempts to escalate: Jaishankar to Rubio

New Delhi, May 9 -- External affairs minister S Jaishankar on Thursday night spoke to US secretary of state Marco Rubio and said India will firmly counter attempts by Pakistan to escalate the situatio... Read More