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BUSINESS

Coal India makes radical shift to smart mining operations
BUSINESS

Coal India makes radical shift to smart mining operations

New Delhi, Sep 15 — Government-owned mining giant Coal India Ltd (CIL) has driven a strategic shift towards modernising both underground (UG) and open-cast (OC) operations for greater efficiency, safety and sustainability. It has rapidly moved away from the conventional mining technology and…

RBI receives Rs 3.93 lakh crore bids in VRRR auction
BUSINESS

RBI receives Rs 3.93 lakh crore bids in VRRR auction

Mumbai, Sep 15 — The Reserve Bank of India on Tuesday absorbed Rs 3,93,352 crore through a variable rate reverse repo (VRRR) auction amid surplus liquidity in the banking system.The central bank received bids worth Rs 3,93,352 crore against a notified amount of Rs 5 lakh crore and accepted all the…

RBI likely to begin rate‑hike cycle as inflation edges up: Report
BUSINESS

RBI likely to begin rate‑hike cycle as inflation edges up: Report

New Delhi, Sep 15 — The Reserve Bank of India is expected to begin a rate‑hike cycle as headline inflation and wholesale price inflation accelerate, with the policy repo likely to move closer to 6.5 per cent, a report said on Tuesday.The report from Systematix Group states the early-October MPC…

Apple launches Siri AI, iCloud+ bundle with TV, Arcade in India
BUSINESS

Apple launches Siri AI, iCloud+ bundle with TV, Arcade in India

New Delhi, Sep 15 — Apple on Tuesday announced that it launched latest software updates with a new Siri AI, enhanced Apple Intelligence features and expanded parental controls, while separately announcing that iCloud+ subscribers in India will get access to Apple TV and Apple Arcade at no…

Indian equities open higher defying weak global cues
BUSINESS

Indian equities open higher defying weak global cues

Mumbai, Sep 15 — Indian equity benchmarks opened higher on Tuesday despite global markets remaining under pressure amid elevated US bond yields and crude oil prices.Sensex opened at 75,369.63, up 587.87 points or 0.79 per cent, while Nifty began trading at 23,576.15, higher by 178.05 points or 0.76…

UPI payments up to Rs 2,000 to remain free of bank charges: Govt
NATIONAL

UPI payments up to Rs 2,000 to remain free of bank charges: Govt

New Delhi, Sep 14 — The government on Monday announced that banks cannot impose any charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000.No charges can be imposed on such Rs 2,000 payments made through RuPay-powered debit cards either, according to a government gazette…