Twitter (now called X) co-founder Jack Dorsey has announced that Block, the financial services company he founded, will cut its workforce by 40 per cent due to AI-led changes. Dorsey said on social me
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Business
SEBI discontinues children’s and retirement mutual fund category, revamps scheme classification rules
The Securities and Exchange Board of India (SEBI) on Thursday discontinued the solution-oriented mutual fund category, which includes children’s and retirement funds, and announced a major overhaul of
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India's economy is projected to expand between 6.8 per cent and 7.2 per cent in FY27 as bilateral trade agreements with major economies are expected, along with the government's economic reforms, to c
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Multinational brokerage Bank of America Securities (BofA) downgraded the rating on IDFC First Bank Ltd. to 'Neutral' and cut its 12‑month target price to Rs 75 from Rs 95, citing near‑term headwinds a
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Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), the central sector scheme of the Indian Government, launched by Prime Minister Narendra Modi on February 2019, has completed 7 years.PM-KISAN scheme was l
Read MoreCredit card spending remained subdued at Rs 1,990 billion in January 2026, growing 8.1 per cent year-on-year, a report has said on Wednesday. However, data compiled by Asit C. Mehta Investment Interm
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