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Why did Nykaa shares drop despite a massive profit increase?

ECONOMICS TIMES
1 day ago
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BUSINESS

Majority of states seek 50% share in tax revenue from Centre: Finance Commission chief Arvind Panagariya

Arvind Panagariya, Chairman of the 16th Finance Commission, revealed that a majority of states have requested an increase in their share of tax revenue distribution to 50%. While most states, including Uttar Pradesh, are advocating for ...more

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Accel bets on AI-powered SaaS, warns against episodic start-ups

Accel sees multi-product, deep-product strategies as the future of enterprise AI

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To push banks to lend, RBI may widen policy rate corridor to 75 bps

Move aimed at discouraging lenders from parking funds with central bank

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Trump’s tax bill to widen deficit by $2.4 trillion, increase uninsured by nearly 11 million, says CBO

The Congressional Budget Office (CBO) projects that President Trump's tax and spending bill will cut taxes by $3.75 trillion while increasing federal deficits by $2.4 trillion over the next decade. It also estimates that millions will l ...more

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BANKING

Singapore HC rejects WazirX’s restructuring plan

WazirX reportedly moving operations to Panama after Singapore court declined restructuring plan

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STOCKS

Flipkart exits Aditya Birla Fashion, Carlyle exits Indegene

Block deals worth over Rs ₹3,500 crore on exchanges, with investors exiting companies like Indegene and Aditya Birla Fashion.

THE HINDU BUSINESS LINE
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PAG-led consortium appoints Santosh Mahil as MD & CEO of Sekhmet Pharmaventures

Mahil has nearly three decades of experience in business development, operations, market development, and mergers and acquisitions

THE HINDU BUSINESS LINE
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BUSINESS

TPG trims stake in Tata Technologies with Rs 638 crore share sale; BNP Paribas exits part of Choice International holding

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UPI’s daily transaction volume set to surpass Visa’s; soon to become world No 1 

By FY29, UPI is expected to handle 439 billion transactions annually

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AGRICULTURE

Indian agri sector to reach $1.4 trillion by 2035, says McKinsey report

The growth in last six years was driven by structural reforms and increased formalisation, built within a large and varied ecosystem, says report

THE HINDU BUSINESS LINE
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