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Adani Airports ties up with InterGlobe’s AIONOS for AI Solutions

CP Gurnani (left) with Arun Bansal New Delhi: Adani Airport Holdings Ltd (AAHL) has tied up with AIONOS, an InterGlobe Enterprises (IGE) company, to implement a multi-lingual omni-channel agentic AI solution that “would enhance” the conventional help desk experience for passengers. A subsidiary of Adani Enterprises, AAHL operates airports at seven places — Mumbai, Ahmedabad,…

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US housing watch: 30-year mortgage rate slips to 6.17%; lowest in over a year as Fed cuts rates again

The average long-term US mortgage rate has fallen to its lowest level in more than a year, offering some relief to homebuyers and homeowners amid a prolonged housing slump.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage dropped to 6.17% from 6.19% last week — its fourth consecutive…

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Record deal: Delhi-based business family buys four bare shell apartments in Gurgaons Dahlias for Rs 380 crore

NEW DELHI: In one of the costliest ever deals in India for an under construction highrise project, a Delhi-based business family has bought four bare shell apartments in DLF’s upcoming uber luxury Dahlias in Gurgaon for Rs 380 crore. The apartments are in adjoining towers with a common wall. The common wall between two adjacent…

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Sebi directive: Regulator sets timeline for derivatives rejig on Bankex, BankNifty, and FinNifty; move to deepen sectoral representation

Markets regulator Sebi on Thursday issued fresh guidelines directing stock exchanges to realign eligibility norms and composition criteria for derivatives on non-benchmark indices such as Bankex, FinNifty, and BankNifty.According to the circular, exchanges will need to revise the composition and weights of these indices within specified timelines, PTI reported. The adjustment for Bankex and FinNifty…

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Currency watch: Rupee sinks 47 paise to close at 88.69 against dollar; Fed’s hawkish tone, weak markets weigh on sentiment

The rupee slumped 47 paise to end at 88.69 against the US dollar on Thursday, pressured by a stronger greenback, weak domestic equities, and hawkish commentary from the US Federal Reserve that dented global risk appetite.Traders said the local unit came under sustained pressure through the session amid month-end dollar demand from oil marketing companies…

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US markets today: Wall Street drifts near record highs as Big Tech results; Trump-Xi trade talks pull investors in both directions

US markets ended mixed on Thursday, with investors juggling upbeat and cautious signals from Big Tech earnings and renewed optimism around US-China trade ties.The S&P 500 slipped 0.2% from its all-time high earlier this week, while the Nasdaq composite lost 0.6%. The Dow Jones Industrial Average, however, gained 199 points, or 0.5%, by mid-morning trade,…

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ECB policy decision: Central bank keeps rates steady at 2% as inflation nears target; debate shifts to timing of next cut

The European Central Bank (ECB) on Thursday held interest rates unchanged at 2%, warning that the eurozone’s economic outlook remained “uncertain” amid global trade disputes and geopolitical tensions.After a year-long cycle of rate cuts, the ECB has maintained its key deposit rate at two percent since July, with inflation now stabilising around the central bank’s…

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