India is considering significant widening of tax slabs, extension of LTC scheme, more rebates for health insurance and home loan payments for individu ...
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The government could relax tax residency rules for expatriates recruited by overseas investors setting up manufacturing units under the production-lin ...
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Provisional payroll data from the Ministry of Statistics and Programme Implementation, shows net new subscriber added under EPFO in November 202 ...
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The domestic figure was boosted by investments in the digital economy while China overtook the US as the largest recipient of FDI globally, according ...
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Banks, which were looking to integrate Whatsapp as a key channel for customers to transact on, are reviewing their policies in respect of the messagin ...
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India’s leading two-wheeler company, Hero Moto is looking “beyond its traditional two-wheeler business” and such “innovations and solutions will form ...
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The telecom department may favourably consider requests by Reliance Jio Infocomm and Bharti Airtel to halve the notice period for starting servi ...
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Around half-a-dozen companies — including Paytm and EtechAces Marketing and Consulting, which houses both PolicyBazaar and PaisaBazaar — are consideri ...
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After banks, regulators, including the RBI, are set to appeal against an order of the National Company Law Tribunal’s (NCLT’s) Kolkata bench, which ha ...
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The All India Bank Depositors’ Association of India in their pre-policy meeting with RBI governor Shaktikanta Das have asked for the withdrawal of an ...
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Weeks ahead of the spectrum auctions, the telecom industry has said that reserve prices for the airwaves are high and it will be “financially challeng ...
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The government could make virtual board meetings, annual general meetings (AGMs) and extraordinary general meetings (AGMs) a permanent feature. It is ...
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Times Network, which operates India’s leading English news channel Times Now, said it’s contemplating legal action against Broadcast Audience Research ...
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India’s top telecom companies have raised concerns around legal ramifications of the National Security Directive, including who will be held responsib ...
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The services sector, barring education, witnessed a near-complete recovery in employment by the December quarter after a significant dip earlier in th ...
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Raliance Industries(RIL), India’s largest company in terms of market value, reported a 26% rise in its third quarter profit to Rs 14,894 crore, benefi ...
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JSW Steel on Friday reported a jump of over 1,300% in its consolidated net profit to Rs 2,669 crore for the December 2020 quarter. The private sector ...
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The government on Friday amended the CSR spending rules under the Companies Act to provide greater transparency and flexibility to the corporate secto ...
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Forecasting a V-shaped recovery, Reserve Bank of India has said that if growth momentum continues and inflation stays benign there would be room for p ...
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The stock market has been an important ally of the government’s asset sales programme. Since raising a shade over Rs 3,000 crore in 1991-92, it has co ...
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Increased cost of ownership, high base effect and lower disposable incomes pushed car sales growth to just 1.3% during 2015-20, a dip from 6% in the p ...
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Advertising campaigns claiming efficacy of products in protecting consumers from Covid-19 without scientific proof will be liable for penal action, th ...
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The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to supp ...
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India’s import tariff structure could be revamped in the upcoming budget to provide lower duty on large inputs, especially those used in products that ...
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The newly formed Indian alliance, Atamnirbhar Digital India Foundation (ADIF), has written to the government, saying it should conduct a data audit of ...
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Banks have seen their share in home loan disbursements rise to 75% from about 66% due to lower interest rates and the cash crunch faced by smaller hou ...
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India’s power demand hit a record at 185.82 GW (gigawatts) on Wednesday, rising 1.6% over the previous record of 182.89 GW on December 30 and marking ...
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The government is examining tax issues related to business reorganisation within a group as also consequent to mergers and acquisitions (M&A) as i ...
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India Inc is eyeing a demand push from Budget 2021-22, along with an increased outlay for infrastructure and social sector projects, according to a pr ...
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Karnataka has retained its top position among the major states, while Maharashtra has leapfrogged Tamil Nadu to occupy the second place in the second ...
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In deepening troubles for WhatsApp in India, the Centre has asked the Facebook-owned instant messenger to “respect the informational privacy and data ...
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The pandemic has caused major change of priorities for urban Indians as far as their savings are concerned. People are saving less for marriages, kids ...
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Fuel prices up again on cue from international crude Tuesday, with petrol price hitting a new high in Delhi at Rs 85.20 and diesel making a record in ...
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Under fire over its privacy changes, WhatsApp is now reaching out with reassuring messages to businesses that use its application programming interfac ...
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India is likely to tighten the foreign direct investment (FDI) rules for e-commerce to check companies set up by the online marketplaces from trading ...
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The upcoming budget could unveil a scheme for setting up of mega textile parks aimed at positioning India as a fully integrated, globally competitive ...
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HDFC Bank has submitted a plan to the Reserve Bank of India (RBI) outlining cures for repeated glitches within the financial institution’s know-how pl ...
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The uptrend in business activity continued into the new year with the Nomura India Business Resumption Index (NIBRI) inching up to 93.4 for the week e ...
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With the sharp pickup in demand after the lockdown lows, Indian IT firms have lined up robust hiring plans for 2021-22. The top four IT firms — TCS, I ...
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Oil and Natural Gas Corp (ONGC) has offered energy giant ExxonMobil a participating interest in about half a dozen exploration blocks, sources with kn ...
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As an overwhelming 97% of investors voted in favour of winding up of six schemes of Franklin Templeton Mutual Fund, the Supreme Court on Monday grante ...
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French oil and gas major Total SE is to acquire a 20% stake in Adani Green Energy (AGEL), the renewables arm of the Ahmedabad-based diversified Adani ...
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Nearly 85% of all the anti-dumping and countervailing duties imposed by India are on intermediate products, with only a minuscule proportion of the ac ...
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India’s exports rose around 11% to $11.8 billion during the first fortnight of 2021, while imports went up about 6.6% to $18 billion, resulting in a t ...
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Microfinance institutions (MFIs) are witnessing a rise in short-term delinquency rate, which refers to loans less than 30 days past due (DPD). The del ...
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India's second-largest telecom company Bharti Airtel is lining up a $1-billion fundraise via perpetual bonds, The Economic Times reported. A perpetual ...
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A week after the Reserve Bank of India (RBI) announced its intention to lift overnight market interest rates toward its policy rates, the money market ...
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The upcoming budget could unveil a new and continuous framework for faster resolution of disputes over direct taxes.
The government is considering ...

A tweet quoting a 1960s Bollywood number featuring Shammi Kapoor and Mumtaz had all of Motown buzzing about whether there’s some “kissa” brewing betwe ...
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Piramal Group has received 94% votes from lenders, placing the conglomerate on course to become the new owner of bankrupt housing finance company DHFL ...
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India’s exports rose for the first time since September, increasing 0.1% to $27.2 billion in December as shipments of drugs and pharmaceuticals, elect ...
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HCL Technologies crossed the $10-billion revenue mark in calendar year 2020, pulling further ahead of Wipro as the third-largest Indian IT services pl ...
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The race to acquire scam-hit Punjab and Maharashtra Co-operative Bank (PMC) is heating up. Payments startup BharatPe and financial service firm Centru ...
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The UK India Business Council (UKIBC) has demanded that finance minister Nirmala Sitharaman should remove the “retrospective taxation” provision from ...
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Public sector banks, led by SBI, are understood to be in favour of the resolution plan submitted by Piramal Group for troubled housing finance company ...
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Wholesale inflation, as measured by the wholesale price index (WPI), eased to a four-month low in December largely due to deflation in primary article ...
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IDFC First Bank is set to shake up the credit card market by charging interest as low as 9% on revolving credit for those with a good track record. Th ...
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The Income Tax Appellate Tribunal (ITAT) has held the perquisite value of employee stock options (ESOPs) to be taxable in India, in the hands of a ban ...
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Petrol price remained on a roll, claiming a new peak at Rs 84.7 a litre in the national capital and 2 paise short of its all-time high of Rs 91.07 in ...
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The govt has decided not to issue any more zero coupon bonds towards bank capitalisation, said two officials aware of the developments.This comes afte ...
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India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd for $ ...
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Tesla has made its debut in India. On January 8, it registered a company named Tesla India Motors and Energy in Bengaluru.It’s not clear what exactly ...
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Weeks after the government took steps to designate a ‘trusted source’ criteria for procuring infrastructure for mobile services, Chinese telecom major ...
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Most payment gateway service providers are continuing to charge merchants a fee for enabling and using the Unified Payments Interface (UPI) and RuPay ...
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Covid-19 has thrown open new opportunities for youths looking to kick off their entrepreneurial journey. The fact that Rajasthan has incubated start ...
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The upcoming Budget could pencil in the fiscal deficit for FY21 at 7.5% of the GDP as against the budgeted 3.5%, according to the median of estimates ...
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States should set targets for energy conservation and reducing their emissions much like international treaties, said union power and renewable energy ...
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As the furore over changes in WhatsApp’s privacy policy grows, a wide range of companies have started mandating migration to messaging platform Signal ...
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Amazon is likely to move a new petition in the Delhi high court in the ongoing battle against Future Group over the sale of the latter's retail busine ...
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The government proposes to start a coal exchange later this year to trade coal mined from private commercial mines along with Coal India spot auctions ...
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A soap war landed in court on Monday, drawing acerbic lines. The Bombay high court on Monday passed urgent interim orders in favour of HUL against “di ...
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In one of the most ambitious plans made around electric mobility and affordability, homegrown auto giant Tata Motors has said that it plans to price i ...
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Big players in the steel and cement industry are indulging in cartelisation to jack-up prices, Union road transport minister Nitin Gadkari has said ra ...
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Swiggy and Instakart have said that tax authorities are probing their vendors for alleged GST default and that they are not under the scanner.“This pr ...
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facelift to attract gen-next consumers and make room for new-age alternatives such as charging or battery swap for EVs (electric vehicle) and natural ...
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Cheaper loans, aggressive options from public sector banks and a general reluctance to use cash for cars has led to an increase in auto financing pene ...
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The government has discussed a coronavirus cess or surcharge ahead of the budget to fund additional spending due to the pandemic, including that on va ...
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Former central bank governor C Rangarajan has said the government should prioritise growth over fiscal consolidation in the upcoming budget and accept ...
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Tata Consultancy Services (TCS) reported 4.1% sequential growth in constant currency in the third quarter. This, it said, was its best performance in ...
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Facebook will not have any access to a user’s details of a digital transaction through WhatsApp Pay as its India payments policy will overrule any pri ...
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The Centre should accelerate the pace of stake sales in state-run companies, unveil a fresh fiscal roadmap, recapitalise banks, reduce import duty, le ...
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The proposed work-from-home framework has failed to cut much ice with the information technology and related services industry, which is now worried a ...
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Members of the World Trade Organization on Friday appreciated India’s goods and services tax, reforms on taxation, trade facilitation and improving th ...
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Mobile phone companies have opposed a move by the government to reduce the rate of new export sops on handsets under the Remission of Duties and Taxes ...
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State-run NTPC has slapped disconnection notices on five discoms across four states for non-payment and threatened BSES Rajdhani Power Ltd (BRPL) and ...
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India’s economy is estimated to contract by a record 7.7% in 2020-21 ravaged by the impact of the Covid-19 induced lockdown, with the crucial services ...
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The US Trade Representative (USTR) on Wednesday released the ‘Special 301’ investigation report, slamming India’s digital services tax (DST).It said t ...
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The nation’s largest lender State Bank of India (SBI) on Thursday raised USD 600 million from selling bonds to international investors at a coupon of ...
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The Insolvency and Bankruptcy Code (IBC) has delivered a 95% rescue rate for financially distressed firms when insolvency proceedings that have been s ...
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A one-man expert commission on labour, led by former civil servant C V Ananda Bose has recommended setting up a Labour Authority of India as a nodal b ...
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The government has put in place a new mechanism to offer preference to 49 domestically manufactured iron and steel products in public contracts, inclu ...
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In a big boost for digital payments, the RBI has announced a fund that will subsidise deployment of card-acceptance devices and QR codes in tier-3 to ...
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The Supreme Court on Tuesday admitted an appeal by the Union government challenging a decision of the Telecom Disputes Settlement and Appellate Tribun ...
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India’s economy is on course to perform better in the second half of the fiscal buoyed by sustained improvement in high frequency indicators while app ...
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The government is working to do away with restrictive practices in its efforts to improve ease of doing business with the Indian Railways, Union minis ...
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Rising demand for an owned mode of transport, coupled with decadal low auto loan rates, has resulted in the return of a wait list for car buyers. This ...
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Payment services provider Juspay, which processes transactions for online giants like Amazon, Swiggy and other companies, on Monday admitted to a data ...
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Activity in the country’s manufacturing sector remained stable in December as manufacturers stepped up production and new orders continued to rise for ...
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India’s tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections, resulting from a disproportionate impact of the C ...
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It was seen as the sunrise sector till just a few years ago, but fears over spread of coronavirus through use of app-based taxis have punctured the gr ...
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What began in 2014 as environmental responsibility has since turned into commercial investments. Some call it the ‘Greta Thunberg effect’, but away fr ...
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The National Capital Region Transport Corporation will use indigenously designed ballastless tracks for the country's first Regional Rapid Transit Sys ...
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Ahead of a key ministerial meeting of the World Trade Organization (WTO) this year, a government think tank has cautioned developing countries against ...
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The highways ministry has extended the duration of a liquidity-related relaxation provided to road project contractors in response to Covid-19 that en ...
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Shares of state-run BEML rose more than 5 per cent on Monday after the government said it is disinvesting 26 per cent stake in the company.At 9:29 am, ...
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For the first time perhaps, life sciences has emerged as the most preferred sector that is predicted to attract talent, ahead of IT and FMCG, this yea ...
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Metal billionaires Lakshmi Mittal, brothers Sajjan Jindal & Naveen Jindal, and Anil Agarwal (of Vedanta) have shown an interest in Uttam Galva Ste ...
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The government may not be able to close the BPCL and Air India disinvestment transactions by March 31, although it is pushing the sale of five large p ...
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Markets regulator Sebi on Friday fined Reliance Industries, Mukesh Ambani and two other entities a total of Rs 70 crore for alleged manipulative tradi ...
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In a sudden and surprising move at the close of 2020, American auto maker Ford and homegrown Mahindra and Mahindra decided to call off their automotiv ...
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The car industry wrapped up one of its toughest year to date, closing 2020 with positive numbers in December, indicating that consumers have been buyi ...
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The Reserve Bank of India (RBI) on Friday announced the launch of the next round of household surveys to capture inflation expectations and consumer c ...
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Electricity demand in the country in December was higher by 5% from a year ago, marking the fourth consecutive month of growth, data from grid operato ...
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Many mid-stream manufacturers of natural diamonds in India are likely to enter the business of lab-grown diamonds, following Bharat Diamond Bourse’s ( ...
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Two days after passing critical remarks against Cyrus Mistry, the Income Tax Appellate Tribunal (ITAT) has issued a corrigendum, stating “some inadver ...
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ICICI Prudential Mutual Fund MD and CEO Nimesh Shah on Thursday said that the market rally could become more broad-based in the coming months as growt ...
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The eight key core sectors contracted for the ninth consecutive month in November, posing some concerns for policy makers in the new year. Data releas ...
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The Confederation of All India Traders’ complaints against e-commerce giants Flipkart and Amazon have been forwarded by the Department for Promotion o ...
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Reliance NSE 0.28 % Jio Infocomm will stop charging subscribers for local calls made to rival networks from Friday, when interconnect user charges (IU ...
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Covid has shaped salary trends in a positive way for several sectors. These include internet & e-commerce, BFSI (banking, financial services & ...
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The massive shortfall in the Rs 2.1-lakh-crore disinvestment target has triggered unease within the government. The department for investment and publ ...
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Progressive companies understand the importance of diversity and inclusion (D&I) beyond gender. But even while India Inc is still scratching the s ...
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The fight for dominance in digital payments has caused a collective loss of nearly $900 million (Rs 6,500 crore) for Paytm, PhonePe and Amazon's payme ...
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The cabinet has approved interest subvention of ₹4,573 crore to raise ethanol production using cereals such as rice, wheat, barley, corn, sorghum, sug ...
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The finance ministry has accepted the labour ministry’s proposal for crediting 8.5% interest on provident fund deposits for 2019-20, a move that will ...
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Spices exports from India are likely to revive after about two months with the arrival of the new crop in a fortnight and helped by up to 23% fall in ...
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Malaysia’s AirAsia has agreed to sell a 32.7% stake in its India venture to partner Tata Sons for 153 million ringgit (about Rs 278 crore), which will ...
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The Reserve Bank of India (RBI) has said that it will start using SupTech (supervisory technology) and RegTech — a subset of fintech that uses technol ...
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Punjab and Maharashtra Cooperative Bank, which is trying to recover Rs 4,335 crore of loans the bank’s erstwhile management fraudulently lent to HDIL, ...
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The Reserve Bank of India (RBI) has said that banks will need additional capital of up to one and a half percentage points of risk-weighted assets in ...
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Freight corridors being built by the railways will become a means of self-reliance for the country and will benefit industries, businesses, farmers an ...
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All new car models would need to have airbag for front-seat passengers from next April and all existing models would get this from June 1, the road tr ...
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The onset of the Covid-19 pandemic and a sharp slide in the stock market in the early months of 2020 notwithstanding, companies raised a record amount ...
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Nitin Gadkari on Monday told that US clean energy and electric vehicle company Tesla will “start operations” in India in early 2021.During the convers ...
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A paper published by the Reserve Bank of India (RBI) and co-authored by its deputy governor and member of the monetary policy committee (MPC), M ...
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A high-profile Mumbai bench of the Income Tax Appellate Tribunal (ITAT) on Monday quashed the revisionary orders passed by the commissioner (exemption ...
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Modi said that by 2025, metro train services will be available in 25 cities across India."When our government was formed in 2014, only 5 cities had me ...
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The government will soon challenge in the Supreme Court a Punjab & Haryana High Court order staying the privatisation bid of Chandigarh electricit ...
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Two consecutive years of low sales, first due to an economic slowdown and then the pandemic, has created a ‘winner takes it all’ situation in the car ...
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A three-member tribunal at the Permanent Court of Arbitration in The Hague cited statements by Prime Minister Narendra Modi and other BJP ministers, s ...
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Delhi-Dubai and Mumbai-Dubai have now figured among the busiest international routes in the pandemic world. According to the UK-based air consultancy ...
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The bankruptcy resolution process for Reliance Communications NSE -2.50 % (RCom) may hit another hurdle with State Bank of India, Union Bank of India ...
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India will soon have an independent operator of common carrier gas pipelines to ease access to transport infra, deepen the local gas market and meet t ...
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India Inc’s recommendations for the Budget 2021-22 take cognizance of the stressed fiscal situation due to a sharp decline in revenue collections foll ...
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A sharp reduction in interest rates and an increase in revenues led to a sharp improvement in interest coverage or the ability to service debt f ...
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Last week, a branch manager of a leading state-run bank in Madhya Pradesh wrote to the municipal commissioner seeking “cooperation” as several of the ...
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With European Union and the UK clinching a post-Brexit trade pact, India should now aggressively pursue free trade agreements (FTAs) separately with b ...
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Global merger and acquisition (M&A) activity clawed its way back from near-decade lows in 2020, facing down the pandemic with a string of large tr ...
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Apple contract manufacturers Wistron and Foxconn, as well as Samsung and Indian device makers Lava and Micromax, have told the government they won’t b ...
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This year witnessed a mega crisis — unprecedented in a globalised economic order. Yet, the central bank’s adroit handling of money issues helped mitig ...
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Following cases of suicide over alleged harassment by recovery agents of entities that provided loan over mobile apps, the RBI has cautioned against s ...
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Infosys' crossed $70 billion in market capitalisation for the first-time in its 39-year history after its ADR ran up by 5% at Tuesday’s close on the N ...
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The promoters of mining major Vedanta have mandated US broking house JP Morgan to buy up to 18.5 crore shares, or almost 5% of the company, from the s ...
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In a fresh setback to the government on retrospective taxation, an arbitration panel has unanimously ruled in favour of Cairn Energy Plc, holding that ...
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India is in talks with Argentina and Brazil to ink trade pacts with the two largest markets in South America as it seeks to strengthen trade with the ...
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New Delhi: Bharti Airtel NSE 2.37 % outpaced rival Reliance Jio in terms of subscriber addition for the third straight month in October, according to ...
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Veteran banker K V Kamath says that soft interest rates will provide the tailwind for businesses to come out of the crisis. In an interview to TOI, he ...
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Infosys has won the largest deal ever in its history from German automotive major Daimler that sources said is estimated at $3.2 billion, spread over ...
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India has seen a record number of unicorns (startups valued at $1 billion or more) being created in 2020. On Tuesday, two companies Glance and Dailyhu ...
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Gas-based power plants have started going into liquidation and are expected to fetch no more than 10% of their value. The country has 25 GW gas-based ...
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Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthro ...
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Reliance Industries will relaunch its popular 4G feature phone JioPhone next quarter in a bid to ride the study and entertainment-from-home wave and g ...
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A reduced inventory with car dealers due to maintenance shutdowns by auto companies has resulted in little or no discounts this December. Traditionall ...
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The Delhi high court on Monday refused to restrain US e-commerce giant Amazon from writing to Indian authorities, including the Sebi and CCI, to oppos ...
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The government has stepped up efforts to accelerate the asset-monetisation programme. It hopes to raise a significant amount of revenue in the new yea ...
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Mahindra paid $464 million for a majority stake in Ssangyong Motor, the South Korean company has filed for bankruptcy after defaulting on loan repayme ...
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In a judgement that could impact several foreign companies investing in India through subsidiaries or investment arms registered in other countries, t ...
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The government’s Atmanirbhar measures to help businesses hit by the pandemic has addressed a historic problem of power companies, and the banks that l ...
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Malaysian carrier AirAsia will be reduced to a financial investor in its India unit as larger strategic partner Tata Sons initiates consolidation move ...
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Merchant payments startup BharatPe and financial services firm Centrum Group have submitted a joint expression of interest (EoI) to the Reserve Bank o ...
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Demand for technically skilled gig workers has gone up as a direct result of large enterprises looking to optimise their future through a digital pres ...
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German sports goods manufacturer Adidas has communicated to its employees in India about the possible sale of its subsidiary Reebok.The announcement h ...
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Industry body CII on Sunday said it has urged the government to consider creation of multiple bad banks to address the adverse impact of non-performin ...
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General Motors will shut down its last factory in India a day before Christmas, the fallout of raging tension between India and China. GM wanted to se ...
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The sensex hit a new lifetime high above the 47k mark on Friday at 47,026 points, and closed a tad below the milestone at 46,961 — still 70 points up ...
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Hit hard by stiff competition and a challenging business environment, Japan’s auto major Honda Motor Cars has decided to shut down its factory at Grea ...
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Vedanta chairman Anil Agarwal is planning to invest $10 billion through a new partnership targeting government privatisations in India. The billionair ...
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Insolvency cases in India are expected to spike in the coming days, as they did world over after the 2008 financial crisis, according to MS Sahoo, cha ...
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With less than two weeks to go before the Vivaad Se Vishwas scheme ends, Income Tax officials across the country are reaching out to individuals as we ...
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The Monetary Policy Committee (MPC) that voted unanimously to hold interest rates to ensure economic revival has raised red flags on short-term intere ...
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FM said on Thursday that the government had taken several measures to support the economy, and will continue with public investment, while pressing ah ...
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Divi’s Laboratories on Thursday became the second pharma player in the country, after Sun Pharma, to enter the big league of companies with a market c ...
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Yearly net inflow in the stock market from foreign funds has topped the Rs 1.5 lakh crore mark, an all-time record, as overseas fund managers poured m ...
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Indian-origin steel tycoon Pramod Mittal, withdrew his second appeal against his bankruptcy order on Thursday minutes before the hearing was due to co ...
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The government may not impose an outright ban on all telecom equipment from Chinese suppliers but only critical components that go mainly into the cor ...
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Shapoorji Pallonji Group argued before the Supreme Court on Thursday that the premeditated removal of Cyrus Mistry as Tata Sons chairman was an ambush ...
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The government will finally auction spectrum in March next year, after a gap of five years, but has decided to withhold sale of the coveted 5G spectru ...
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Call it the Covid effect. Popular health supplement Zincovit, which provides essential vitamins and minerals, catapulted to the top spot in the domest ...
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The government is considering curbs, including a possible ban, on the import of high fructose syrup, whose traces were found in honey sold under sever ...
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The board of Sebi on Wednesday said that when a company under Insolvency and Bankruptcy Code (IBC) resolution is re-listed, it should have at least 5% ...
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Small-ticket personal loans, which were the scourge of the crisis in the same segment a decade ago, are back. This time, they are being driven by soft ...
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SP Group told the Supreme Court on Tuesday that Tata Sons was not a family-run enterprise to be headed only by a Tata and emphasised that to end oppre ...
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The government is all set to launch a ‘Brand India’ mission, focused on the promotion of quality products that are manufactured in the country. The mo ...
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The government will soon set up three national boards to determine the minimum wages, social security parameters, and safety and health standards for ...
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The Financial Stability and Development Council (FSDC) took stock of macroeconomic developments and financial stability issues, both global and domest ...
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An evaluation committee on privatisation of Bharat Petroleum Corporation Limited NSE 0.34 % (BPCL) is expected to meet on Tuesday to consider the thre ...
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US-based private equity fund manager Oaktree Capital Management has emerged the highest bidder for Dewan Housing Finance (DHFL) in the latest round of ...
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The Reserve Bank of India (RBI) has approved the re-appointments of Uday Kotak as MD & CEO of Kotak Mahindra Bank for three years, the lender info ...
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Finance minister on Monday kicked off her pre-Budget interactions and met representatives from India Inc to get their views for the 2021-22 Budget, wh ...
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India’s wholesale inflation rose for the fourth consecutive month and firmed up to a nine-month high of 1.55% in November driven by manufactured items ...
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The National Highways Authority of India (NHAI) is set to invite private players to build multi-modal logistics parks (MMLPs), with the earliest bids ...
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NITI Aayog has proposed setting up of a Surveillance Information Platform as it plans to strengthen India’s public health surveillance system, a need ...
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Tata Group, India’s largest conglomerate, is believed to have submitted an expression of interest for the beleaguered national carrier Air India over ...
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Bankers expect restructuring requests from corporates to drop drastically because of the extension of the ‘emergency credit line guarantee scheme’ whi ...
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About Rs 1.58 lakh crore has been disbursed to nearly 4.05 million borrowers by banks and non-banking financial institutions under the Emergency Credi ...
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Revenge consumption of diamonds from the US is driving manufacturing units in Surat to work overtime to meet the demand. There has been a shortage of ...
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From a panic situation of an extreme shortage in April, India now faces an oversupply of surgical and N95 masks. More than half of the manufacturers ( ...
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RBI Governor Mr. Shantikanta Das said when we went into the pandemic, there was a synchronised slowdown already across countries. The financial market ...
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he Reserve Bank of India’s decision to hike the limit on contactless payments without entering a PIN to Rs 5,000 from Rs 2,000 earlier is expected to ...
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Of the 48 high-frequency financial indicators tracked by the Reserve Bank of India (RBI), 18 remained under pre-Covid ranges, whereas the remaining ju ...
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Two leading homegrown rival FMCG brands Dabur and Marico are in an open spat with each other over claims regarding their honey brands and have taken t ...
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Overseas investors remained net buyers to the tune of Rs 17,818 crore in Indian markets in first four trading sessions of December amidst better than ...
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State run non-banking finance company IFCI Ltd may be put up for strategic sale, a senior official told ET.
Strategic sale indicates transfer of ma ...

The Centre is proposing to run all new hospitals planned by the Employees’ State Insurance Corporation instead of handing them to state governments....
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Stressed sectors have got a fresh line of support with the RBI extending its targeted long-term repo operations (TLTROs) to the 26 industries — includ ...
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RBI Governor Shaktikanta Das clarified on 04th Dec. 2020 that allowing corporates to promote banks is not the RBI's view, and the central bank will ta ...
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A day after the RBI asked HDFC Bank to halt digital initiatives and credit card sales, RBI governor Shaktikanta Das said that banks need to invest mor ...
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Reserve Bank of India (RBI) on 05.12.20 left interest rates unchanged for the third straight time amid persistently high inflation and said the econom ...
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he Centre is looking to seek policy stability commitment from states, worried that any sudden and abrupt policy reversals locally could derail its pus ...
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India’s economic recovery post the pandemic is sustainable, finance minister Nirmala Sitharaman said at an event on 4th Dec., pointing to the Goods an ...
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The National Company Law Tribunal on Thursday approved a resolution plan of Reliance Infratel following which lenders may get around Rs 4,400 crore an ...
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Digital payments major PhonePe has been hived off from parent entity, Walmart-owned Flipkart Group, and will be valued at $5.5 billion, the company sa ...
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The Supreme Court on Thursday permitted Franklin Templeton Trustee Services to hold meeting with unit holders of six debt schemes that the company pro ...
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Insurance regulator Ildai has proposed a ban on credit-linked group health insurance, including compensation for serious illnesses bundled with mortga ...
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In an unprecedented move, the Reserve Bank has temporarily barred HDFC Bank from launching digital banking initiatives and issuing new credit cards af ...
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Services activity — the biggest sector of India’s economy — saw growth easing in November, but the index remained in expansion zone for the second mon ...
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Near 60 firms, most of them non-public fairness buyers, have proven curiosity in bidding for the group firms of Reliance Capital (RCap), which embody ...
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India’s retail borrowers are still to find their feet as seen from the failure of a large number of auto-debit transactions in October, underscoring g ...
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The Supreme Court on 02nd Dec. stayed the March 4 order of National Company Law Appellate Tribunal (NCLAT) asking fair trade regulator CCI to again in ...
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Salesforce on 1st Dec 2020 capped cloud computing 2020 work-from-home boom with an announcement that it would pay $27.7bn for workplace chat app Slack ...
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The Supreme Court on Wednesday dismissed the interim plea of mining major Vedanta Ltd seeking permission to inspect its Sterlite copper unit at Tutico ...
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Commerce and industry minister Piyush Goyal on Wednesday said the government has identified 24 industry sectors which can add Rs 20 lakh crore of annu ...
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The pandemic-induced demand for e-commerce created 2.5-3 lakh temporary delivery and supply chain jobs in India during the recently concluded festive ...
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A mixed set of data points for some high-frequency indicators have pointed to the challenges the economy may face as it looks to quickly regain normal ...
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The pandemic-hit states are staring at a record 36% jump in their indebtedness to ₹68 lakh crore, which will be a decadal high this fiscal year as the ...
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Indian Railways will be running freight trains on 40 per cent length of its dedicated freight corridor (DFC) by next year.The DFC Project is worth Rs ...
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The government and the Insolvency & Bankruptcy Board of India (IBBI) are likely to challenge the stance taken by ADAG chairman Anil Ambani and for ...
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Down from festive highs, auto sales up from November 2019Automotive and two-wheeler gross sales took a breather from the highs of festive months, howe ...
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India Inc has quietly progressed on the gender diversity front in spite of the pandemic. Engineering firm ABB, Hindustan Zinc (HZL), Sun Life Asia Ser ...
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Forecasters are revising upwards their projection for the current fiscal’s GDP growth after better-than-expected numbers for the second quarter. Most ...
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With Jan Dhan accounts and the government’s direct benefit transfers (DBT), ATM usage has gone up in rural areas. This is most clearly seen by the tre ...
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The central bank is expected to keep interest rates unchanged this week, fettered by stubbornly high inflation, according to a Mint survey of 10 econo ...
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India’s largest consumer companies Hindustan Uniliver, Amul, Britania, ITC, LG, Marico, Emami, Parle Products and Dabur said their spending on adverti ...
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Millions of consumers, particularly the elderly, who have invested in popular small savings schemes offered through post offices are facing a tough ti ...
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Core sector output contracted by higher than expected 2.5% during October, due to a sharper fall in refinery output and lower steel production, althou ...
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Cash segment turnover on the NSE touched a record high of Rs 1.5 lakh crore on Friday, driven by foreign fund buying after MSCI (Morgan Stanley Capita ...
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India's budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent of the budget estimates (BE).The ...
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Chief ministers of major states pledged to increase their targets for renewable energy and encourage local manufacturing with incentives, cheering inv ...
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The government on Friday cited constraints imposed by the country’s economic situation and the uncertainty over the Covid-19 pandemic to oppose any fu ...
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The government said on Friday that GDP numbers for the second quarter were better than expected and there was a potential for an upside, but urged cau ...
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Global technology investment firm DST Global, which has backed Indian startups like Swiggy, Udaan, Ola and Byju’s, is leading a $200-million funding i ...
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Toyota Kirloskar Motors Private Ltd (TKM) on 24.11.20 said it has decided to extend the lockout at its plant in Bidadi near Bengaluru, as the situatio ...
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More consumers are now open to loosen their purse strings and upgrade their homes with higher capacity and higher-end products with advanced features. ...
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Rising Covid-19 cases in markets such as Delhi, Mumbai, Goa, Himachal Pradesh, Rajasthan and Gujarat, and a new wave of travel restrictions and curfew ...
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The government is looking to revamp a key exports incentive scheme for the services sector, the hardest hit by the Covid-19 pandemic. The proposed rev ...
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As businesses reopen, the job market is showing recovery and the competition for open vacancies is easing, and the opportunities gap between those wit ...
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he RBI working group’s proposal to allow corporate houses to set up banks is a “bombshell” and at this juncture, it is more important to stick to the ...
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State-owned Coal India on Monday said it plans to set up 14 rooftop and ground-mounted solar power projects of 3,000 Mw capacity by 2023-24, which wil ...
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Franklin Templeton Mutual Fund (MF) is moving the Supreme Court (SC) against the Karnataka High Court’s order that said unitholders’ consent was neces ...
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Zoom said it will not be business as usual in India even as people are expected to slowly start returning to office next year and corporates will adop ...
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Monthly foreign fund buying in domestic equities in November is on the cusp of breaking the all-time high record set in August this year, if the curre ...
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In a unique initiative, tyre manufacturers are pumping money to grow raw material — natural rubber — in the northeast. This is a template that could b ...
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India is considering two options for pre-packaged Insolvency Resolution, including one that includes private discussions between promoters and the fin ...
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The telecom tribunal has dismissed Internet service provider (ISP) Netmagic Solutions' plea to prevent the Department of Telecommunications (DoT) from ...
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The Pink City-based grocery shop aggregator Kirana King raised pre-series A funding of Rs 7 crore from Rajasthan Venture Capital Fund to fund its expa ...
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Education technology firm Byju’s is in talks to close fresh financing of around $200 million from US asset manager T Rowe Price and existing investor ...
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An internal committee of the Reserve Bank of India (RBI) on November 20 proposed an overhaul of the licensing policy for private banks and suggested a ...
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A Sebi panel has proposed easier public float norms for large IPOs with a post-offer market capitalisation of more than Rs 10,000 crore. It said such ...
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The Competition Commission of India (CCI) on November 20 approved Future Retail Ltd’s asset sale to Reliance Industries Ltd (RIL), in a setback for Am ...
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OneWeb, Sunil Mittal and the UK government's rival venture to Elon Musk's SpaceX will start beaming signals to India, along with several parts of Euro ...
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The labour ministry has proposed maximum 12 working hours in a day inclusive of intervals under the draft rules on Occupational Safety, Health and Wor ...
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At least eight Indian banks, mostly public sector lenders, suffered a high rate of failure in digital transactions during October as online payments s ...
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The Securities and Exchange Board of India (Sebi) has moved the Supreme Court, seeking a direction to Subrata Roy's two Sahara Group companies to pay ...
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Individual shareholders of Lakshmi Vilas Bank (LVB) are objecting to the RBI’s merger proposal of the bank with DBS Bank India. They point out that, w ...
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Encouraged by the Supreme Court's intervention through a PIL to get compound interest on loans up to Rs 2 crore waived off, power generating firms Thu ...
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Metals-to-oil conglomerate Vedanta's interest in buying Bharat Petroleum Corp Ltd (BPCL) is a natural progression towards downstream integration that ...
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The Directorate of Revenue Intelligence has asked various importers to pay up customs duty on goods imported under advance authorisation or export ori ...
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Investment plans by Chinese automobile companies worth about $5 billion face delays of two years or more as tensions at the border remain unresolved. ...
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After partnering with the Tata Group for the last 55 years, the Shapoorji Pallonji (SP) Group on 18.11.20 requested the Supreme Court to separate its ...
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Bengaluru Tech Summit, 2020 (BTS2020) organised by the Government of Karnataka along with Karnataka Innovation and Technology Society (KITS), Karnatak ...
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LVB has the full backing of the RBI to ensure that there is no cash shortfall. Nobody needs to get panicky about the safety of their money. Lakshmi Vi ...
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Wipro CEO Thierry Delaporte said the company's growth has been modest and far less than its competitors in the past. He said the recent organisational ...
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All mergers and acquisitions involving foreign direct investment will require approval of the National Company Law Tribunal as a “necessary preconditi ...
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To expedite the liquidation process, the Insolvency and Bankruptcy Board of India (IBBI) has amended regulations to enable the liquidator of a stresse ...
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In a joint operation, the Reserve Bank of India on Tuesday announced a plan to merge Lakshmi Vilas Bank (LVB) with DBS Bank India, minutes after the g ...
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Anil Agarwal’s Vedanta Group and two overseas funds are said to be among suitors for state-owned Bharat Petroleum Corporation (BPCL), which the govern ...
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Global investment banks, Goldman Sachs and Morgan Stanley, have sounded optimistic about India’s economic recovery and have forecast a strong rebound ...
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A good rainfall in sugar producing belts of Maharashtra and Karnataka has resulted in a bumper production of the crop for the period ended November 15 ...
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The government is considering amending licence conditions to at least bar telcos from sourcing 'critical equipment' for their networks from Chinese co ...
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In a move aimed at improving competitiveness of states on logistics, the government is likely to widen the ambit of perception-based index of mobility ...
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Global and domestic companies submitted expressions of interest (EoI) for the government’s stake in Bharat Petroleum Corp Ltd by the November 16 deadl ...
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The government on November 16 said it will not sign free trade agreements, which in reality were “trade deals with China by stealth”, with foreign min ...
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Wholesale inflation shot up to an eight-month high in October as food prices, particularly vegetables remained firm and manufactured products also har ...
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With robust domestic demand for tractors, manufacturers have deprioritised exports and are focussing production on home demand instead. As a result tr ...
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The country’s largest carmaker Maruti Suzuki India on November 16 said it has sold over two lakh cars through the online channel. The company, which i ...
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India's restrictions on imports of air conditioners, tyres and TV sets have drawn the ire of Thailand and European Union, which raised the issue at a ...
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Even as it advanced its projections for an economy recovery, the RBI warned that keeping the system flush with funds, to keep long-term rates low, is ...
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ONGC Videsh Ltd has entered into a definitive agreement to buy cash-strapped Australian company FAR’s stake in the $4.2-billion Rufisque-Sangomar offs ...
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Bank unions and the Indian Banks’ Association (IBA) signed a bipartite wage agreement on Wednesday, giving bank employees 15 per cent hike and pushing ...
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Prime Minister Narendra Modi said on Wednesday that tax collection should not cause inconvenience to the common man but when public funds reach citize ...
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Amazon.com has asked the country’s market regulator to investigate Future Retail for insider trading, a letter seen by Reuters showed, as it seeks to ...
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The Department of Telecommunications has sought legal opinion from Solicitor General Tushar Mehta on whether the Supreme Court’s order on adjusted gro ...
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Persons seeking health insurance must be ready for an unpleasant surprise. Policyholders are seeing their renewal premiums go up by 5-200%. Most insur ...
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Retired PSU bankers may get benefits of the One Rank One Pension (OROP) scheme. Armed forces veterans are demanding OROP implementation for a long tim ...
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Overall, PC shipments grew 9.2% from the year earlier in the three months ended 30 September to 3.4 million units. India’s PC market recorded its best ...
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Lenders to the troubled Dewan Housing Finance Corporation Ltd (DHFL) have received revised offers from its four bidders, with the highest tender now a ...
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Harley-Davidson's dealers on Tuesday said they were looking at taking legal action against the US bike manufacturer, which in September announced exit ...
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Finance Minister Nirmala Sitharaman has directed banks to seed all account with Aadhaar numbers of their respective holders by March 2021.
Addressi ...

The Competition Commission of India (CCI) has ordered a probe into Google’s dominance in multiple areas. These are in relation to its app store, the A ...
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Contrary to expectations that there would be an increase in bad loans in the banking sector due to Covid-19, the ratio of non-performing assets (NPAs) ...
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Strong inflows in debt schemes lifted mutual fund industry assets to a record high at Rs 28.2 lakh crore at the end of October, although the rise was ...
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Business activity picked up further in the first week of November, carrying over the improvements seen across economic indicators in October, accordin ...
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The Pension Fund Regulatory Development Authority has started an exercise to separate its twin functions that are often seen as a conflict of interest ...
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A ‘Biden rally’ pushed Indian markets to record highs on Monday. News of a likely potent Covid vaccine has now set the stage for it to soar higher. At ...
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Indian economy’s contraction could be a lot less than estimated earlier as business activity bounces back from abysmal levels driven by opening up of ...
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The telecom industry has termed the Supreme Court’s recent verdict allowing telcos to spread payment of adjusted gross revenue (AGR) dues over 10 year ...
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Smartphone imports surged by about a fifth in September, indicating that local output is yet to catch up with peak festive season demand, even as Indi ...
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Amid the tug of war between the central and state governments for more resources, the Fifteenth Finance Commission (FFC) chaired by NK Singh is learnt ...
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A Joe Biden-led US administration is expected to make immigration rules fairer, changing the environment for Indian IT services companies into somethi ...
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The Indian pharma sector is expected to benefit from the Biden presidency on the back of an increased push for generic prescriptions and access to aff ...
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In a ruling that will impact most debt funds, markets regulator Sebi has mandated that these schemes hold at least 10% of their assets in liquid instr ...
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The resolution professional (RP) of Jet Airways has filed a revival plan recently approved by the committee of creditors with the National Company Law ...
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The Reserve Bank of India (RBI) has said that there is a case for systemically important non-banking finance companies (NBFCs) beyond a certain size t ...
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The emergency arbitrator in the Singapore International Arbitration Centre (SIAC) has said that, in the Amazon-Future dispute, the US-based online ret ...
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India, Japan and Australia are likely to set up a trilateral framework to address trade and investment barriers along with trade and investment promot ...
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The Indian banking system loan growth continues to be tepid even as some pockets like loans to retail and medium sized firms picked up in September. B ...
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After being stuck in beta mode for over two-and-a-half years, popular messaging platform WhatsApp has got the regulatory approval to launch on Unified ...
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The Securities Appellate Tribunal (SAT) on November 5 dismissed an appeal by Reliance Industries (RIL) challenging a Sebi order in connection with its ...
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Saudi Arabia’s Public Investment Fund (PIF) will put Rs 9,555 crore ($1.3 billion) in Reliance Retail Ventures for a stake of just over 2%, the two co ...
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Japan has agreed to offer financial assistance to two companies, Toyota-Tsusho and Sumida, to diversify their manufacturing base to India as part of i ...
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Advertisers were back in full force on TV this festive season, with volumes spiking to record levels in the second half of October in the run-up to Di ...
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Oil snapped three days of gains, with Democratic nominee Joe Biden on the brink of a narrow victory in the U.S. election. Futures in New York lost 0.7 ...
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State Bank of India’s net profit for the quarter ended September 2020 rose 52% to Rs 4,574 crore from Rs 3,012 crore a year ago. Profits rose as provi ...
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Indian service sector activity ended the seven-month sequence of decline and registered growth in October, supported by improved market conditions ami ...
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Non-life insurers are seeing rising demand for health policies under the equated monthly instalment (EMI) option. Insurers attribute this to reduced a ...
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The Indian economy is poised to reach pre-pandemic levels by the end of this year based on the trends observed so far, barring the incidence of a seco ...
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The Central Board of Direct Taxes (CBDT) has so far issued over Rs 1,29,190 crores in refunds to over 39.49 lakh taxpayers from April till November 3, ...
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Vistara said on November 4 that its capacity utilisation is likely to go back to pre-Covid-19 levels in another five-six months from 60% now, an indic ...
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The union government is thinking to amend the Sarfaesi Act to remove stumbling block which is presently preventing the asset reconstruction companies ...
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In a first, the RBI-appointed administrator of Punjab and Maharashtra Cooperative (PMC) Bank has come up with a revival strategy where private investo ...
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A surge in demand for home loans in October has triggered a rate war. Kotak Bank is now offering home loans at 6.75% — the second reduction in less th ...
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Indian markets could witness short-term volatility due to the outcome of the US presidential election.Over the long run, however, it’s the domestic ec ...
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Tamilnadu leads Indian states in attracting investments during the first half of FY21, having managed to grab 16 per cent of the funds that came into ...
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India’s exports fell in October, while the imports declined at a faster clip, despite a moderation from the previous month, helping narrow the trade d ...
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Manufacturing sector conditions in India continued to improve in October with companies raising output to the greatest extent in 13 years amid robust ...
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Ola, founded by Bhavish Aggarwal and Ankit Bhati, plans to foray into electric scooter manufacturing, switching gears from being a taxi aggregator to ...
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The festival of lights has ushered joy into people’s lives with some companies doling out Diwali bonuses. Employers are also restoring salary levels w ...
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The ministry of road transport and highways (MoRTH) on November 2 revised the eligibility criteria for road projects built on Engineering, Procurement ...
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Business sentiment shot up by 41% during the July-September quarter from a record low in the previous quarter, according to the Business Expectation S ...
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The government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by a month till November 30 until the entire Rs 3 lakh crore made avail ...
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Future Retail said Amazon has sought damages of Rs 1,431 crore plus interest in a regulatory filing on November 1. This is the amount the e-tailer has ...
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The setting up of a framework to transfer road assets of IL&FS Transportation Networks (ITNL) into an Infrastructure Investment Trust (InvIT)  ...
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Payments through Unified Payments Interface (UPI) crossed the 2-billion mark in monthly transactions for the first time in October. UPI transactions t ...
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India’s diesel consumption in October shot past the pre-pandemic level for the first time since the lockdown, while petrol and power demand continued ...
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India's power consumption grew 13.38 per cent to 110.94 billion units (BU) in October this year, mainly driven by buoyancy in industrial and commercia ...
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Bharti Airtel turned in a stronger operation performance than rivals Reliance Jio Infocomm and Vodafone Idea (Vi) in the seasonally week second quarte ...
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Reliance Industries (RIL), India’s largest company in terms of market value, reported a 7% fall in its second quarter profit to Rs 10,602 crore due to ...
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The Indian market is booming for Apple and Tim Cook, the company’s CEO, who made a special mention about the business here at the electronics giant’s ...
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Breaking the glass ceiling of Indian aviation, a woman has become the CEO of an Indian carrier for the first time, with the government appointing Harp ...
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The biggest initial public offering of all time has unleashed an investor frenzy for the record books. Jack Ma’s Ant Group Co attracted at least $3tn ...
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Residential property sales in Mumbai, the country's hottest property market, has registered a sharp recovery with an over 36% on-year jump in October ...
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India will soon introduce production-linked incentive schemes for nine to 10 sectors to encourage local manufacturing, although the tariff support off ...
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The Shapoorji Pallonji (SP) Group has sought a vertical split of Tata Sons’s assets and liabilities in proportion to its 18.37% stake as part of its p ...
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The Supreme Court, on October 29, directed the transfer to itself a batch of writ petitions challenging IBC provisions related to insolvency of person ...
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Two weeks after announcing the LTC cash voucher scheme for central government employees, the finance ministry on Thursday said the benefit will not ac ...
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India’s fiscal deficit stood at Rs 9.1 lakh crore halfway through this financial year, exceeding the full-year target of Rs 7.96 lakh crore by almost ...
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The government is proposing to bring the voluntary pension scheme for small traders and unorganised workers under the ambit of the Employees Provident ...
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The Centre has brought in a new law through ordinance to set up a commission to tackle the problem of air pollution in Delhi-National Capital Region ( ...
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Tata Sons could explore a non-cash settlement with the estranged minority shareholder Shapoorji Pallonji (SP) Group to minimise the financial burden i ...
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Creditors have approved a proposed individual voluntary arrangement (IVA) by Pramod Mittal, brother of one of the world’s richest men, Lakshmi Mittal, ...
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SoftBank-backed logistics major Delhivery would emerge as the largest supply chain company in India by revenue, said its joint MD & chief business ...
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Borrowers need not apply for the interest-on-interest waiver scheme for the six-month loan moratorium, the finance ministry has said, asking lend ...
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Acting tough, the Haryana Real Estate Regulatory Authority has penalised several colonisers for indulging in malpractices. The RERA bench, headed by i ...
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In a major relief, the Income Tax Appellate Tribunal (ITAT) has ruled in favour of Jamsetji Tata Trust denying the penalty imposed on the trust by the ...
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After shutting down its only factory in India last month due to poor, loss-making operations, cult American bike maker Harley-Davidson has decided to ...
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Bharti Airtel, the country’s second-largest telecom operator, on October 27 reported its highest-ever quarterly consolidated revenue on the back of a ...
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The Reserve Bank of India (RBI) has warned that the Covid-19 pandemic will wipe out three years of fiscal consolidation gains of the states. It also s ...
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The Tata Group is exploring the acquisition of a large stake in Bigbasket in a deal which has the potential of being the biggest investment by a local ...
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Home, Vehicle and Rural loans are helping banks and non-bank lenders spare their blushes even as they remain risk averse to unsecured and wholesale cr ...
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ICICI Prudential Life Insurance on October 27 reported a marginal rise in net profit at Rs 303 crore for September quarter of the current fiscal year. ...
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Armed with an opinion from Solicitor General Tushar Mehta that an arbitral tribunal can’t render a law passed by a sovereign Parliament ineffective, t ...
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The government gave lenders time until November 5 to waive interest payments on a loan relief scheme aimed at helping borrowers during the coronavirus ...
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The government is going to retain oil, power, coal and banking among strategic sectors with public sector presence, and move in a calibrated way in pr ...
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Industry bodies including CII, FICCI, Assocham and US India Strategic Partnership Forum (USISPF) have sought exemption from personal tax for foreign d ...
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The festive season has offered some much-needed cheer to the corona-hit shopper items business, with retail gross sales within the 10-day Navratri to ...
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Echoing Reliance Industries, Future Group on Monday mentioned the Singapore Worldwide Arbitration Centre (SIAC) order granting an interim keep on the ...
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Kotak Mahindra Bank is exploring an acquisition of private sector rival IndusInd Bank, according to a report. The Hindujas’ IndusInd International Hol ...
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Kishore Biyani’s deal to sell off Future Group assets to Mukesh Ambani’s Reliance Industries for Rs 24,713 crore is now on hold. The Singapore Interna ...
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Yes Bank has significantly reduced its exposure to DHFL by selling the troubled housing finance company’s bonds in the secondary market. The sale of t ...
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NITI Aayog has begun the groundwork for selecting the next set of public sector enterprises for strategic sale and disinvestment. A preliminary meetin ...
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The Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) are examining whether the digital payments ecosystem needs tight ...
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Franklin Templeton Mutual Fund, which was asked by the Karnataka high court to take investors’ permission to shut six of its debt schemes, indicated t ...
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Aditya Birla Fashion and Retail (ABFR) has entered into a commercial pact with Flipkart where it will raise Rs 1,500 crore by selling nearly 8% stake ...
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In a major blow to companies ranging from FMCG and liquor to consumer durables and footwear, the government-controlled Canteen Stores Department (CSD) ...
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Tata Steel and Swedish giant SSAB are in talks for a potential deal to combine their European businesses as the former evaluates sustainable solutions ...
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Regulator Sebi has banned Yashovardhan (Yash) Birla from the market for two years. The action is due to misutilisation of funds collected through the ...
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Government is set to offer 10% shares in the country’s largest non-life insurance company New India Assurance through an offer for sale to the public. ...
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To boost domestic supply and provide relief to consumers from rising onion prices, the Centre on Friday imposed stock limits on both retailers and who ...
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The government has expressed concern over the proposed new umbrella entity for retail payments resulting in a mechanism that is controlled by Indian o ...
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Indian startups and large internet firms are pressing Google to offer alternatives to its billing system and keep the market ‘open’, according to mult ...
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US-based Oaktree is the front-runner with a bid of Rs 28,000 crore for housing finance company DHFL, while Piramal Group has offered a much lower pric ...
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Barely six months into the current fiscal and the government’s flagship rural employment scheme has already surpassed last year’s numbers in terms of ...
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India has opposed binding commitments on countries to put in place practices for faster clearances of cross-border merchandise even as it has implemen ...
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In a reflection of a significant shift in consumption pattern among industrial workers, the revised consumer price index for industrial workers (CPI-I ...
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The Indian economy is at the “doorstep of revival” and both the government and the Reserve Bank of India are maintaining an accommodative stance, acco ...
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Prime Minister Narendra Modi will soon meet 15 leading global fund houses amid heightened interest from foreign investors seeking stable returns in In ...
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India’s tyre exports are getting help from the anti-China sentiment sweeping different parts of the world. The 25%-37% anti-dumping duty slapped by th ...
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After interest rate cuts and schemes to draw individual borrowers, banks have stepped up festive offers. SBI on Wednesday said that it would offer a c ...
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The United Nations Conference on Trade and Development (UNCTAD) expects a 7-9% on-year drop in the value of global trade in 2020 despite signs of a re ...
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Companies based in countries sharing a land border with India who bid for government procurement contracts are set to face tighter scrutiny. They will ...
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The department of investment and public asset management (Dipam) is ready to push ahead with the strategic sale of several public sector companies wit ...
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Deepening its manufacturing and investments in India, German luxury carmaker Mercedes-Benz on Tuesday said it will start assembly of its high-performa ...
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The IT services deal momentum picked up sharply in the September quarter after a lull in the preceding one. Companies globally are seen to be recognis ...
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Nearly 20 lakh people enrolled with the employees provident fund organisation in the first five months of the current fiscal, the provisional payroll ...
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The US Justice Department on October 20 sued Google over allegations that its search and advertising empire violated federal antitrust laws, launching ...
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Economic revival broadened and strengthened in September with about nine non-financial leading indicators recording growth during the month while five ...
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From names of directors and their nationalities to a graph depicting the ownership structure, the Centre wants Chinese and Pakistan-based companies to ...
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Markets regulator Sebi has constituted a market data advisory committee (MDAC), headed by Madhabi Puri Buch, a whole time member, for effective dissem ...
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India is set to make it easier for local companies, especially new entrants, to bid for road projects as the government gives a big push towards Atman ...
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The government has rolled out time bound rules and procedures for dispute resolution in the recently enacted farm law - Farmers (Empowerment and Prote ...
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Unemployment in urban areas fell to 8.4% in July- September 2019 from 8.9% in the June quarter last year, data released by the Ministry of Statistics ...
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Getting its slots given to other Indian carriers back will be a key factor in Jet Airways taking to the skies again under new owners. While the airlin ...
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As people socialise again, discretionary categories in FMCG like makeup and skin care are finally seeing a gradual recovery, according to data provide ...
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Foreign Direct Investments (FDI) proposals with even minuscule Chinese holding will need government approval, with the Center abandoning its earlier p ...
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The Broadcast Audience Research Council (BARC) Sunday accused Republic TV of “misrepresentation”, after the Arnab Goswami-led channel quoted a communi ...
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The government’s clarification on Friday that the rule allowing 26% foreign direct investment (FDI) in digital news will apply to news aggregators, en ...
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Festive sales on e-commerce platforms have made a strong start with the first 48-hour sales trends in line with record number estimates for this year’ ...
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The top four IT services companies hired just 12,258 people in the first half of the fiscal, down from 54,002 in the same period last year, as the pan ...
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As the festive season kicks in, car companies reported higher deliveries to dealerships in view of the anticipated demand rise. Passenger vehicle deli ...
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India consumed nearly 9 per cent more diesel in the first fortnight of October than it did in the same period a year ago and petrol sales remained 1.5 ...
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The market for Corona-Kavach policies has grown 10-fold in a month to 1.1 crore from 15 lakh. A record sales figure that makes it the hottest selling ...
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Retail giants have drawn up aggressive plans to make inroads into the smaller cities and towns of India and are employing a variety of tools, includin ...
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The consumer affairs ministry on Friday issued notices to two ecommerce players Amazon and Flipkart for not displaying information, including country ...
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Air India has reduced its salary bill by more than 50% to Rs 120 crore a month since April in an attempt to stay afloat amid the Covid-19 pandemic, wh ...
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Paving the way for a global listing by the likes of Reliance Jio, LIC and Indian start-ups, the government is set to notify seven countries and the Gu ...
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The Supreme Court on Thursday sought responses from the Centre, the RBI and the National Payments Corporation of India on a PIL which alleged breach o ...
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Luxury carmakers are driving up affordability to win over customers. As the industry passes through a challenging period, exacerbated by the pandemic ...
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Increased digital adoption and deal wins has helped the performance of the IT industry to bounce back in the July-September quarter. What has also ben ...
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Punjab and Haryana have started penalising farmers who burn harvest residue on fields as air pollution levels rise in northern India, officials said. ...
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India’s trade deficit for September 2020 was estimated at USD 2.72 Billion as against the deficit of USD 11.67 billion in September 2019, which is a d ...
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The Supreme Court on October 14 said it was a “welcome move” on the Centre's part to waive compound interest on instalments of loans up to Rs 2 crore ...
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The Reserve Bank of India (RBI) has permitted banks to restructure loans to real estate companies on the basis of the project rather than the develope ...
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The government is moving ahead with Air India strategic sale and is expected to ask suitors to bid based on the combined equity and debt value, while ...
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Tractor is the only segment of the automotive market that has seen double digit sales growth since July, with September retails up 80% year-on-year. A ...
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Wholesale Inflation as gauged by the Wholesale Price Index (WPI) index rose to its highest levels in seven months on the back of an increase in prices ...
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India has pitched for easier cross-border movement of healthcare professionals and sought an outcome for the initiative at the ministerial conference ...
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Wipro said it is buying back shares worth Rs 9,500 crore ($1.3 billion), which represents 4.2% of its total paid-up equity capital. The company is pur ...
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Wipro hired 3000 freshers and 439 laterals in the September quarter. The company's total headcount is now 1.8 lakh. The company has given 100% payout ...
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The domestic pharma retail market bounced back for the first time during the pandemic, registering a growth of over 4% in September, helped by increas ...
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The Centre has said an international arbitration tribunal’s order in the Vodafone case impinges on its sovereign right to tax, in a strong indication ...
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India will be one of the top three overseas investment destinations for the next two-three years, according to a survey by Confederation of Indian Ind ...
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Banks are formulating strategies to ensure that the productivity gains made due to Covid in terms of flexible working hours, greater use of technology ...
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Finance minister Nirmala Sitharaman on October 12 announced additional allocation of Rs. 37,000 crore towards capital expenditure, and put money into ...
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Retail inflation accelerated to an 8-month high in September and crossed the 7%-mark as food prices hardened, dashing hopes of any interest rate cut b ...
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India’s online food delivery volumes have made a full recovery to pre-Covid levels with a number of cities now at over 120% of the peaks set before th ...
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There has been a 37% increase in demand for Chartered Accountants (CAs) and their pay packages has seen an upswing too, this year, as the campus place ...
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The highways ministry has extended relief measures for road contractors and concessionaires by three months, following a request from the industry.The ...
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Data released by TransUnion Cibil on fresh loan disbursements to the micro, small and medium enterprises (MSMEs) sector shows that there has been a re ...
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Payments startup Razorpay’s valuation has more than doubled to $1 billion with its latest $100-million fund-raise, co-led by Singapore’s sovereign wea ...
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Encouraged by the response to the Mazagon Dock Shipbuilders IPO, the government will prioritise public offers, at an “attractive price”, and buybacks ...
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Builders’ lobby group Confederation of Real Estate Developers’ Associations of India (Credai) has demanded an extension of the loan moratorium with in ...
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The listing of UTI Mutual Fund (UTI MF) on October 12 is set to end the more than a decade-old cold war between markets regulator Sebi on the one side ...
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The delayed withdrawal of monsoon is unlikely to hit the ongoing harvest of kharif crops, the head of agricultural meteorology at the weather office h ...
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Retail and corporate investors are likely to have direct access to the government bond market. The Reserve Bank of India (RBI) and Clearing Corporatio ...
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The Reserve Bank of India’s (RBI) monetary policy committee on October 9 voted unanimously to keep key interest rates unchanged but the central bank u ...
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Real-Time Gross Settlement (RTGS), a mechanism for high-value bank fund transfers, will be made available round-the-clock from December 2020 instead o ...
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Interest rates on home loans above Rs 30 lakh will become cheaper, with the Reserve Bank of India (RBI) making it less expensive for banks and finance ...
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After the setback in the first quarter because of the immediate impact of the pandemic, the environment has been looking good for the Indian IT servic ...
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India on Friday eased the export norms for certain kinds of onions and allowed the export of Bangalore Rose Onions and Krishnapuram Onions of up to 10 ...
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Union minister for information & broadcasting Prakash Javadekar said resident welfare associations (RWAs) shouldn’t stop the delivery of newspaper ...
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Gold ETF inflows saw a 34% decline to Rs 597 crore in September on a monthly basis, even as folios grew by 13,000. Mutual fund body Amfi CEO N S Venka ...
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LIC Housing Finance (LIC HF), the country’s second-largest home loan company, has said new business last month has been the best for any September in ...
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With Google facing heat for its billing policies, the search for a national app store alternative to the Play Store is gathering pace. Paytm is leadin ...
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Despite the festival season being just round the corner, car financiers are not rolling out the big bang schemes that are de rigueur this time of the ...
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The Finance Ministry on October 8 said banks have sanctioned loans of about Rs 1,87,579 crore to 50.7 lakh business units under the Rs 3-lakh crore Em ...
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Commerce and Industry Minister Piyush Goyal has called upon American businesses to look at India as their next investment destination. Addressing Indi ...
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Amazon has sent a legal notice to Future Group, India’s second largest retail chain, for breaching the terms of its contract by selling a ...
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The Competition Commission of India (CCI) is examining a complaint that search giant Google abused its dominant market position in smart television op ...
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The government between 2016 and 2019 gave pricing freedom for all fields except those given to State-owned Oil and Natural Gas Corp (ONGC) and Oil Ind ...
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Newly appointed chairman of State Bank of India, Dinesh Khara, has mentioned that the Covid-related stress on the debtors of the nation’s largest fina ...
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Indian bankers fear the government's decision to waive some interest payments on loans under a COVID-19 support plan will create unnecessary work for ...
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The festival season this year is turning out to be a blessing for many employees who have lived with salary cuts since the Covid-19 outbreak.As econom ...
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The Reserve Bank of India (RBI) has said that its bimonthly monetary policy committee (MPC) meeting will start on Wednesday. The announcement of the M ...
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The RBI was forced to postpone its MPC meeting for the first time after the Centre delayed in appointing three external members to replace the earlier ...
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The IHS Markit India Services PMI increased to 49.8 in September 2020 from 41.8 in the previous month, easily beating market expectations of 44.7. The ...
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Abu Dhabi Investment Authority (ADIA) has followed sister firm Mubadala in backing Reliance Retail Ventures run by billionaire Mukesh Ambani. On ...
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To make life simpler for policyholders, insurance regulator Irdai might introduce a system of colour-coding health policies to easily assess the produ ...
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The government is unlikely to extend the proposed interest on interest waiver to the real estate sector, which has already benefited from funding supp ...
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Google has deferred in-app commission payment for app developers in India with alternate payment system to March 31, 2022.The company said on Monday t ...
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The government named Shashanka Bhide, Ashima Goyal and Jayanth Varma as its nominees on the central bank's monetary policy committee (MPC) late on Mon ...
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As enterprises battle pandemic-induced challenges to arm the remote workforce with secure devices and collaborative solutions for maximum productivity ...
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The government’s readiness to foot the bill of something like Rs 7,000 crore to compensate banks for waiving the interest on interest accrued during t ...
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Labour ministry will soon kick-start the process of framing rules for the three labour codes passed by the Parliament recently, labour minister Santos ...
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Pension funds’ assets grew more than 18% between in the September half year belying fears that job losses and pay cuts could lessen retirement contrib ...
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The government’s decision to waive “interest on interest” during the March-August loan moratorium period will benefit all individuals with loans up to ...
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Tata Sons, which has a 51 percent holding in AirAsia India, may buy the balance 49 percent stake in the budget airline from the parent Malaysian compa ...
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The government is unlikely to opt for a traditional stimulus to boost economic activity and will instead focus on specific sectors through schemes suc ...
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Home delivery of newspapers is an essential service that should not be hindered as they ensure people have access to authentic information, said the U ...
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Giving subsidies and tax breaks are not the answer to improve India’s global competitiveness and increase exports, Commerce and Industry Minister Piyu ...
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The government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty over bank ea ...
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Global markets dropped on October 2 after US President Donald Trump said that he and the first lady had tested positive for the coronavirus. On Wall S ...
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State Bank of India (SBI) has appointed Charanjit Attra, a consultant with EY, as its chief financial officer (CFO). This is the first time that the b ...
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Automotive Tyre Manufacturers Association (ATMA) on Wednesday said restrictions on import of tyres will pave the way for increased domestic production ...
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The government is evaluating the option for an overseas listing of Life Insurance Corporation (LIC), the country’s largest insurer, in what many belie ...
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Smaller smartphone brands may resort to importing completely built devices instead of assembling in India, as the aggregate duty on components has bec ...
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As the moratorium on loan repayment ends, the used car market is expected to see a flood of vehicles seized by lenders from defaulters. Banks and non ...
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When the Mazdoor Mukti Morcha of Punjab began holding rallies on the banks of the Sutlej to force lenders to go easy on borrowers unable to repay thei ...
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Activity in manufacturing sector rose at its fastest pace in more than eight years on the back of robust new orders as the economy opened for business ...
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Smartphones and feature phones sold by Samsung, Apple, Vivo, Xiaomi, Oppo and RealMe will cost more as the government has imposed a 10% import duty on ...
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Festive cheer is fuelling a comeback for the auto industry. As the economy struggles amid the coronavirus-driven slowdown, the car and two-wheeler ind ...
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The Insolvency and Bankruptcy Code (IBC) has nudged the behaviours of debtors and creditors and this has resulted in substantial recoveries for credit ...
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Micro enterprises have been the largest beneficiaries of the government’s Emergency Credit Line Guarantee Scheme (ECLGS) with most loans being granted ...
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India could introduce a phased license regime among other non tariff barriers on imported toys from March next year as the government wants the domest ...
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The government on September 30 acknowledged for the first time that it will fall short of the disinvestment target as it deferred the BPCL bid su ...
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Output from the country’s core sectors contracted for the sixth consecutive month in August as the pace of decline accelerated, dragged down by a cont ...
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The country’s current account surplus jumped to an all-time high of $19.8 billion (3.9% of GDP) for the April-June period, the first quarter of FY21, ...
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China's factory activity extended solid growth in September, twin surveys showed, as the nation's crucial exports engine revved up on improving overse ...
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The Ministry of Corporate Affairs (MCA) has decided to continue providing the opportunity of doing business with ease for a longer period. That is the ...
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Indians have significantly cut down on their spending on alcohol and cigarettes since the Covid 19 pandemic as they remain cautious on discretionary e ...
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The Central Board of Direct Taxes (CBDT) on September 30 extended the deadline for filing belated and revised ITRs for Assessment Year 2019-20 from Se ...
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Markets regulator Sebi on September 29 made it mandatory for all listed entities to disclose to the stock exchanges any forensic audit that a company ...
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Reliance Jio, the country’s largest telecom operator, has written to the Prime Minister’s Office (PMO) and the telecom ministry, alleging that “vested ...
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The income tax (I-T) department on Tuesday evening said payment gateways facilitating e-commerce transactions don’t need to deduct taxes if the e-comm ...
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With consumer demand expected to surge for e-commerce in the festive sales, top e-tailers and logistics platforms are cumulatively expected to create ...
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India is planning to seek cabinet’s approval to sell 25% stake in the nation’s largest life insurer, people with knowledge of the matter said, as Prim ...
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Finance Minister Nirmala Sitharaman said there is a need to have a "holistic" approach to handling the economy instead of a "silo-based and myopic app ...
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Virtual office services, offered by co-working operators, have reported a 50% jump in demand after many small business owners and newly minted entrepr ...
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The Reserve Bank of India (RBI) on Monday said that the three-day monetary policy committee (MPC) meeting scheduled to commence from September 29 to r ...
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The Centre informed the Supreme Court on Monday that a decision is likely in 2-3 days over charging of interest by banks on instalments which were def ...
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The three-member committee comprising Lakshmi Vilas Bank (LVB) directors is working on a rights issue, which is expected in a couple of months, while ...
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Ahead of the festival season, State Bank of India (SBI) has announced rate cuts and fee waivers on various consumer loans. Interest rates on car and p ...
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The income tax department will seek the Attorney General’s opinion on what course it should take after having lost the retrospective tax arbitration c ...
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Many Indian companies with foreign subsidiaries whose directors or senior executives are stranded in India due to the pandemic are now worried that th ...
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The government has saved half the funds allocated to its flagship skilling programme, despite achieving 93% of the target of skilling 10 million youth ...
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The unprecedented move by shareholders of Lakshmi Vilas Bank (LVB) to oust an RBI-approved CEO and directors is likely to result in the banking regula ...
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Bank credit growth continues to lag with loans outstanding yet to reach end-March 2020 levels even as deposits continue to surge, growing 5% during th ...
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Typically, it is the Reserve Bank of India (RBI) governor who is at the centre of attention ahead of the Monetary Policy Committee (MPC) meeting. But ...
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With an eye on entering mobile manufacturing, Reliance Industries may acquire United Telelinks or forge a contract-manufacturing deal, sources said. Q ...
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The price of saffron has fallen 15% in the past two months because of higher imports from Iran and weak demand. It is currently being quoted at Rs 130 ...
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The Confederation of Indian Industry (CII) has urged the Reserve Bank of India (RBI) for a relook on its last month's circular on opening of current a ...
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India’s central bank is unlikely to change the benchmark lending rate in its October bi-monthly policy review, which will be analysed threadbare by in ...
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Global telecom giant Vodafone has won a long-pending arbitration against India with the Permanent Court of Arbitration in Hague ruling that income tax ...
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The Comptroller and Auditor General (CAG) has red flagged the government’s “disinvestment” programme involving the “strategic sale” of one public sect ...
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Premium on cyber insurance covers has risen by nearly 20% for corporates, as insurers see a surge in cyberattacks and higher claims arising out of suc ...
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Vodafone Idea has joined Reliance Jio Infocomm, Bharti Airtel and state-run Bharat Sanchar Nigam Ltd (BSNL) in naming European and American equipment ...
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The finance ministry on September 25 said that public sector banks have on-boarded about one crore customers on digital payment modes in just one mont ...
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The Ministry of New and Renewable Energy (MNRE) has issued a notification asking solar PV manufacturers and associations to provide the list of machin ...
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The government on September 25 issued a notification operationalising 'Faceless Income Tax Appeals' system which seeks to honour honest taxpayers of t ...
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Tata Group, India’s biggest conglomerate, and Jubilant Food-Works (which owns the franchise for Domino’s and Dunkin’ Donuts in India), are weighing a ...
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The government has extended the suspension of insolvency proceedings for any COVID-19 related default by a period of three months, effective from Sept ...
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Unfazed by the anti-China sentiment, MG Motor has said that it will approach the department for promotion of industry and internal trade (DPIIT) to ma ...
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Business groups on September 24 welcomed contentious and long-delayed labour reforms passed by the Parliament this week, aimed at making hiring and fi ...
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The Reserve Bank of India (RBI) has come out with a cybersecurity framework for urban co-operative banks (UCBs). The move comes a week after the Lok S ...
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The health insurance industry is looking at ways to implement the government's ambitious 'Missing Middle' universal health project that aims to cover ...
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Across India, state transport authorities are inviting banks, fintech companies, card networks and payment service providers to replace their traditio ...
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Parliament on Wednesday passed the three key labour reform bills that will provide greater flexibility to employers to hire and fire while ensuring so ...
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Finance minister Nirmala Sitharaman said the Bilateral Netting of Qualified Financial Contracts Bill would have a huge bearing on the stability of the ...
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French firms Dassault Aviation and MBDA, the main companies in the Rs. 59,000 crore contract for 36 Rafale fighters inked in September 2016, have been ...
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After Silver Lake invested in Reliance Retail Ventures (RRVL), fellow private equity fund KKR too has decided to back India’s largest retailer. The US ...
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The takeaway business, which accounted for a small fraction of sales before the pandemic, has emerged as one of the fastest growing sales channels for ...
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With tractors in the 50 horsepower (HP) and above range set to migrate to BS4 emission norms from October 2021, higher HP and more premium segment in ...
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As the festive season sets in, auto companies have commenced launches in a bid to lure buyers. On September 23, Mercedes-Benz India drove in the Rs 1. ...
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The Supreme Court on Tuesday restrained Shapoorji Pallonji Group from pledging or transferring its shares in Tata Sons to raise money from the market, ...
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The Reserve Bank of India may not be keen on pursuing suggestions for monetisation of deficit, a proposal that is being pushed by a section of policy ...
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State Bank of India (SBI) chairman Rajnish Kumar has said he does not expect the value of bank loans to corporates that come up for restructuring to e ...
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The strict lockdown in the first quarter of the current fiscal resulted in creating pent-up demand for home and auto loans, which is finding expressio ...
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India Inc has made a strong pitch to extend the emergency credit line guarantee scheme (ECGLS) to stressed sectors while allowing alternate investment ...
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The Delhi High Court granted a stay against initiation of assessment proceedings by tax authorities into sale of Tiger Global’s 17% stake in Flipkart ...
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The Rajya Sabha on Tuesday passed the Banking Regulation (Amendment) Bill, 2020, that aims to bring co-operative banks under the regulatory framework ...
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Homegrown digital payments majors such as PhonePe, Mobikwik, Infibeam Avenues, among others, have joined Paytm in criticising the telecom regulator an ...
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State Bank of India will provide relief to home and retail loan borrowers impacted by Covid-19 in the form of either a moratorium of up to 24 months o ...
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At a time the drug industry is grappling with the coronavirus pandemic, India’s pharmaceutical companies are likely to confront a new challenge as Chi ...
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New York-based private equity (PE) investor Tiger Global on Monday moved the Delhi High Court against the quasi-judicial body ruling. The ruling in Ju ...
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Former RBI Governor Raghuram Rajan on Monday suggested that the government should privatise select public sector banks, set up a bad bank to deal with ...
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Economic activity improved further in the week ended on 20.09.20 climbing almost to the levels just before India went into lockdown on March 25. The N ...
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The Cabinet Committee on Economic Affairs (CCEA) on Monday approved 2-6% increases in the minimum support prices (MSP) for the 2020-21 Rabi season. Ev ...
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After a relative lull of five months, companies are rushing in to go public with the stock market witnessing low volatility, which is conducive for fu ...
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Government will impose a 5% customs duty on imports of open cell for televisions from October 1, 2020, as the government seeks to increase local manuf ...
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Following the high drama between Paytm and Google on Friday, the Noida-based mobile payments company on Sunday evening accused Google of having a diff ...
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In its sustained efforts to create local self-employments to strengthen “Aatmanirbhar Bharat Abhiyan”, Khadi and Village Industries Commission (KVIC) ...
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The Enforcement Directorate (ED) has cited suspicious transactions between JSW Steel and Bhushan Power and Steel (BPSL), in its latest filing before t ...
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Several independent directors have begun ring fencing their assets by transferring titles to trusts or family members to safeguard their interests in ...
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Business sentiment has bounced back between July and September as India gradually lifted restrictions imposed due to the outbreak of Covid-19, a confe ...
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High drama unfolded on Friday afternoon as search engine giant Google removed mobile payment application Paytm from its Play Store, citing breach of i ...
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The government on Friday further tightened public procurement norms to allow ministries to mandate over 50% local content, while also insisting that o ...
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In a consumer-friendly measure, telecom regulator Trai has stepped in to drive transparency and accountability in mobile tariffs, making it contingent ...
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The historic oil price crash in April and a protracted spell of subdued market reduced India’s oil import bill since January by 40%, giving the cash-s ...
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India has proposed to cap the surcharge levied on the dividend income of foreign portfolio investors (FPIs) that use a trust structure at 15% against ...
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The Reserve Bank of India has refused to let asset reconstruction companies act as resolution applicants in insolvency cases, a stance that could halt ...
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If a developer fails to repay loans, resulting in the project being taken over by the lender – bank or any other financial institution – the lender wi ...
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Importers will have to provide proof of 35% value addition of goods imported through free trade agreements (FTA) to customs authorities, failing which ...
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The transaction adviser for Air India’s divestment has suggested four options to the government regarding the struggling airline’s future that range f ...
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Shapoorji Pallonji (SP) Group has slapped a notice for damages on Tata Sons board members over its move to block the group from pledging its 18.4% sta ...
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The price of the Happiest Minds stock soared on debut on the stock exchange on Thursday and made promoter Ashok Soota wealthier by over Rs 2,300 crore ...
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The Insurance Regulatory and Development Authority of India (IRDAI) has said that the insurance industry needs to operate in a counter-cyclical manner ...
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Almost six million white-collar workers, including engineers, physicians, teachers, accountants and analysts, lost their jobs between May and August, ...
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The telecom department is yet to decide if upfront payment should be collected from mobile phone companies that buy 4G spectrum in the next auction, g ...
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In a relief to India’s toy industry, the government on Wednesday extended the enforcement of compulsory certification by the Bureau of Indian Standard ...
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Petrol sales have fully recovered to pre-Covid level and diesel is down just about 6% in the first half of September from a year earlier, signalling p ...
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Reserve Bank of India (RBI) governor Shaktikanta Das on Monday squashed expectations of a V-shaped recovery and called for a policy focus on increasin ...
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Exactly 10 days after Tata Sons moved the Supreme Court to stop estranged minority shareholder Shapoorji Pallonji (SP) Group from pledging its shares, ...
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Protecting depositors’ interests, the Lok Sabha on Wednesday passed the Banking Regulation (Amendment) Bill, 2020, to bring co-operative banks under t ...
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Facebook on Tuesday announced its small business grant programme for India. Part of the company’s $100 million global grant for small businesses, Face ...
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In a surprising move, Flipkart has started integrating Paytm's e-wallet on its platform even as it continues to compete with its unit PhonePe for the ...
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Japanese auto major Toyota is suspending plans to launch new cars in India and is also putting a halt to fresh factory investments as it blames “prohi ...
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The country’s exports contracted for the sixth consecutive month in August, dragged down by a decline in shipments of petroleum, leather, engineering ...
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There has been a 26-fold rise in assets under management (AUM) of exchange-traded funds (ETFs) in a little over five years to more than Rs 2 lakh cror ...
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The customs department will be keeping a close eye on imports of items such as mobiles, white goods, set-top boxes, agarbattis, cameras and other elec ...
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The recovery in air traffic in India has been slower than in other parts of Asia and Europe.While traffic in China has almost reached 90 per cent of p ...
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The Department of Telecommunications (DoT) is likely to seek legal opinion from the solicitor general on whether telcos need to make an upfront paymen ...
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Some of the lenders to Kishore Biyani such as PE funds, Apollo Global Management, AION and Blackstone, along with RBL Bank and Axis Finance have recen ...
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New York-based investment firm Tiger Global Management, along with private equity majors ChrysCapital, TPG and Footpath Ventures, have bought about 10 ...
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Finance minister Nirmala Sitharaman on Monday sought Parliament’s approval for extra spending of Rs 2.4 lakh crore, out of which the cash outgo totale ...
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Retail inflation remained above the central bank’s comfort level for the fifth consecutive month in August, and held near the previous month’s level a ...
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There is no proposal for raising Foreign Institutional Investment (FII) ceiling in public sector banks to 49% from 20% for capital mobilization, Minis ...
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The Mistry Group said it has every right to pledge its shares of Tata Sons, pointing out that the company’s articles of association do not restrict th ...
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Oil fell to near $37 a barrel in New York while a slew of downbeat predictions from OPEC to BP plc reinforced concerns that a resurgent pandemic is pr ...
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The Reserve Bank of India (RBI) on Monday asked banks to put in place and upgrade their systems and ensure automation of non-performing asset (NPA) id ...
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Income per household under the scheme of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has nearly doubled to Rs 1400 per ...
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There has been a shift in spending from credit cards to debit cards during the first quarter of the current fiscal as Indians held back on discretiona ...
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Markets regulator Sebi on Sunday evening said it was open to discussions with the mutual fund (MF) industry for a smooth transition for multi-cap fund ...
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Television prices could go up from October as the 5% import duty concession on open cell panels, which was offered last year, ceases at the end of thi ...
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Smarter banks fear that the straightjacket one-time loan restructuring (OTR) framework would kill the exclusive deals they have cut with borrowers. So ...
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Around 700 exporters of engineering items, automobiles, chemicals, pharmaceuticals, oil and gas, and textiles are likely to get impacted by the govern ...
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Tata Motors may slash more than Rs 50,000 crore from the previously estimated capital expenditure over three years at the Jaguar Land Rover unit and I ...
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Indian Railways has seen a significant increase in automobile loading over the last few months after it started working on opening new avenues for boo ...
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India’s industrial production contracted by 10.4% in July, a slower pace than the 16.6% contraction witnessed in the previous month, suggesting that e ...
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Multi-cap mutual funds, in which fund managers currently have the liberty to take a call on stocks of their choice across market capitalisation spectr ...
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Gold ETFs witnessed an inflow of Rs 908 crore in August, for fifth month in a row, amid major economies staring at recession due to the spread of coro ...
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After a long period of witnessing negative growth across segments, there is finally some good news for the automobile industry. According to the month ...
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Tata Sons Ltd on 5 September moved an ‘urgent’ application before the Supreme Court to restrain the Shapoorji Pallonji Group promoters from raising ca ...
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TV broadcasters who reported a major drop in advertising revenues during the last quarter are witnessing a surge in advertising volumes and are gearin ...
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Online restaurant discovery platform Zomato has started preparations to go for an initial public offering (IPO) in 2021, making it the first among Ind ...
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Reliance Industries (RIL) on Thursday became the first Indian company to cross the $200-billion market capitalisation mark after its stock surged over ...
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Ratings agency Crisil on Thursday forecast a sharper contraction for India’s GDP in 2020-21, estimating that it will decline by 9%, higher than its ea ...
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The government on Thursday set up a threemember panel to make an assessment of the issue of relief sought in terms of waiver of interest on interest a ...
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The festive season of FY21 has got off to a good start with the 15 days of Ganesh Chaturthi and Onam witnessing a strong double digit growth of over 1 ...
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From promoter executives of companies to professional CEOs, salaries of senior management at India Inc are undergoing changes to better reflect ...
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India could introduce hefty monetary penalties instead of imprisonment for many violations under 11 laws including the Patents Act, Copyright Act and ...
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The government plans to restrict the number of television sets that companies can import to India in a year to boost local manufaturing, a move that's ...
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The Indian car market may be witnessing a sharp turnaround, driven by strong demand for entry-level models, but the story isn’t pretty when it comes t ...
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India’s sugar exports will rise 50% to a record of over 5.7 million tonnes in the season ending this month, helped by the depreciated rupee, subsidy a ...
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The central board of the Employees’ Provident Fund Organisation (EPFO) on Wednesday said it will pay 8.5% interest to its subscribers for the year end ...
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Private equity firm Silver Lake will pay Rs 7,500 crore (just over $1 billion) to acquire a 1.8% stake in the retail business of billionaire Mukesh Am ...
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Union finance and corporate affairs minister Nirmala Sitharaman on Wednesday launched the doorstep banking service of state-run banks, which is expect ...
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India’s exports have increased 13% during the first week of September, while railway freight loading is around 10% higher, indicating signs of a picku ...
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The Cabinet Committee on Economic Affairs has allowed Power Grid Corporation of India Limited (POWERGRID) to undertake monetization of its Tariff Base ...
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Private equity giant Silver Lake led a $500 million funding round for Byju’s that valued the Indian online education platform at around $10.8 billion, ...
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In a major relief for corporates, the Ministry of Corporate Affairs (MCA) has extended the deadline to hold Annual General Meeting (AGM) for the finan ...
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Global ratings agency Fitch on Tuesday sharply revised its forecast for India's GDP growth, estimating that it will contract 10.5% in 2020-21, while G ...
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Five Public Sector Undertakings (PSUs) under the Ministry of Petroleum & Natural Gas will be joining International Solar Alliance (ISA)’s Coalitio ...
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The Supreme Court's decision to allow telcos to pay outstanding dues over 10 years will not be enough to help Vodafone Idea to stabilise its position, ...
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Nasscom has called for limiting the scope of decryption of data on mobile phones in possession of the law enforcement agencies.In a discussion paper o ...
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Companies in sectors such as retail and wholesale trade, textiles and engineering, which were repaying loans before the Covid crisis, can look forward ...
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MUMBAI: Non-banking finance companies (NBFCs) have petitioned the finance minister to relax norms and allow restructuring for all standard loan accoun ...
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Vodafone Idea, the country’s third-biggest mobile operator, has said that mobile tariffs have become “unsustainable” and need to be raised immediately ...
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It could be a Hero and Harley Davidson partnership in India as the American cult bike maker re-orients its India strategy and looks at a “strong, cred ...
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Foreign Portfolio Investors (FPIs) may soon be able to directly acquire bad loans being sold by banks and other lenders. The Securities and Exchange B ...
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The automobile distribution industry has seen a 10% decline in manpower owing to skilled workers going back to their villages following the outbreak o ...
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Tata Motors DVR (differential voting rights) stock gained 10.5 per cent on Monday taking the total gain in a month to 51 per cent compared with the 26 ...
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The government plans to review crop planting across the country to align agricultural planning with changes in climate and rainfall patterns.The focus ...
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The RBI’s norms on corporate loan restructuring are likely to exclude a large number of companies as bankers expect advances worth only Rs 2-3 lakh cr ...
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Affordable housing has emerged as a major driver of home loan growth for HDFC. The country’s largest housing finance company has disbursed over 50,000 ...
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In a bid to optimise its costs, State Bank of India has planned a voluntary retirement scheme under which about 30,190 employees are eligible. Total e ...
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Applications by iPhone contract makers Foxconn, Pegatron and Wistron as well as Samsung, Karbonn, Lava and Dixon to export mobile phones worth around ...
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As Corporate India and banks prepare to rejig loans and stay afloat, credit rating agencies are caught in a Catch-22 situation.In the absence of any r ...
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Lenders preparing to implement a loan restructuring programme for companies hit by the Covid-19 pandemic are conducting a detailed study of cash flows ...
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Retailers in India from Benetton and Spencer’s Retail to Puma and Godrej Appliances have adopted a just-in-time strategy for the festive season, a dep ...
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Commerce and industry minister Piyush Goyal said that India’s exports and imports are doing well, and the capping of export incentives under the Merch ...
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More offline garment, footwear and other retailers are looking to set up their own online storefronts and logistics for online deliveries, according t ...
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The RBI has overhauled its priority sector lending (PSL) norms to boost fund flows to districts that have been excluded and has doubled its limit for ...
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In a move seen as a protectionist measure, the government on Friday said that import duty on cars and completely- and semi-knocked down assemblies (CK ...
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The finance ministry on Friday said the country is witnessing a V-shaped economic recovery and attributed the steep 23.9 per cent contraction of the e ...
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The government on Friday unveiled a fresh set of austerity measures, urging ministries and departments to curb non-priority expenditure at a time when ...
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Sales of luxury real estate, properties worth Rs 1 crore and more, appear to have seen better traction than other segments in the last two months as t ...
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The KV Kamath committee, set to submit its report on loan restructuring to the Reserve Bank of India (RBI) on 04.09.2020, is said to have identified s ...
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Vodafone Idea is considering raising $1-1.5 billion initially through equity and is in talks with local and overseas investment bankers for running th ...
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Services activity in India contracted for the sixth consecutive month in August though the pace of decline slowed as some firms gradually resumed oper ...
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In a major relief to individual and commercial borrowers, the Supreme Court on Thursday asked banks not to declare any loan account as non-performing ...
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Finance Minister Nirmala Sitharaman on September 03 told banks to put in place by September 15 loan restructuring schemes to rescue all viable busines ...
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SoftBank Group is exploring assembling a group of bidders for TikTok’s India assets and has been actively looking for local partners, according to peo ...
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India is emerging as one of the preferred destination for International garment companies to shift their base from China.The international garment fir ...
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The Adani group is planning to raise at least $1 Billion through the sale of equity to fund the takeover of two Mumbai airports from the GVK group, sa ...
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Maruti Suzuki, Hero MotoCorp and Mahindra & Mahindra, No. 1 in cars, two wheelers and tractors, repectively, are planning to surge in production o ...
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Prime Minister Narenda Modi has identified anonymous or ‘faceless’ inspections, an extended validity period for licences or automatic renewals, and lo ...
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Finding that it would be difficult to get waiver of interest, or even interest on interest, on loans during the six month moratorium period, various i ...
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Abundant cash in the system and repeated rate cuts have proved to be a bonanza for Food Corporation of India (FCI), which is in the market to raise Rs ...
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India climbed four spots on the Global Innovation Index 2020 and is now at 48th position in the list of top 50 innovative countries in the World Intel ...
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There is a full-blown fight among India’s leading digital payments firms over which is a more “Indian” product, with the matter now reaching the RBI. ...
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The Central Board of Direct Taxes has permitted sharing of information by income tax authorities with scheduled commercial banks."In pursuance of sub- ...
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India will soon come up with forensic accounting and investigation standards (FAIS) as it aims to set basic quality parameters for conducting investig ...
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HSBC International Analysis has valued on-line meals supply platform Zomato at $5 billion, a major upside to the valuation throughout its earlier fund ...
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The Supreme Court on Tuesday granted telecom companies 10 years to clear AGR (adjusted gross revenue) dues of around Rs 1.43 lakh crore to the Centre, ...
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The Centre has told the Supreme Court that RBI has asked banks to provide relief to borrowers by extending the residual tenure of loan by up to two ye ...
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Car and two-wheeler companies started stocking up for the festive period as wholesale deliveries to dealerships in August beat the numbers achieved in ...
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India’s fuel demand has started crawling up after faltering in July, with petrol consumption reaching nearly 92% of the year-ago period but diesel con ...
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Activity in the country’s manufacturing sector rebounded in August after four months of contraction, led by an increase in new orders, a survey showed ...
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The Reserve Bank of India may propose amendments to the Sarfaesi Act to allow asset reconstruction companies (ARCs) to bid for bankrupt companies and ...
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Banks and shadow lenders may offer a six-month moratorium on principal repayments for retail and MSME borrowers as part of the one-time restructuring ...
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The Reserve Bank of India (RBI) announced fresh liquidity measures and a relaxation in mark-to-market rules to help calm investor nerves as a sudden s ...
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The eight core sectors contracted for the fifth month in a row in July, dragged down by a sharp contraction in steel, cement, refinery products and na ...
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The Centre’s fiscal deficit topped the full year estimate within four months of the financial year, indicating the stress on government finances and t ...
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India’s economy posted its steepest contraction on record in the April-June quarter of the current fiscal year as the strict lockdowns imposed to ward ...
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User charges will be levied for those boarding trains from redeveloped railway stations, much like the user development fee charged at airports, but t ...
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After Anil Ambani, its now the turn of Atul Punj. State Bank of India is seeking to invoke personal guarantees worth Rs. 3000 crore that it claims Pun ...
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After months of inaction and the government’s threat to pull out of the Comprehensive Economic Cooperation Agreement (CECA) with Asean, members of the ...
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In a bid to supply reduction to lakhs of exporters, the Piyush Goyal-led commerce ministry has instructed contemporary steps at hand out export incent ...
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The income tax department on Sunday hit out at banks levying fee on electronic transactions or payments via tools such as UPI, warning them of penal a ...
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In a breakaway from traditional norms, RPG Enterprises has become the first Indian diversified conglomerate to do a permanent reset in its workplace p ...
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The Reserve Bank of India (RBI) could not find buyers of sovereign bonds for a record amount of benchmark debt at reasonable rates on Friday, signalin ...
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The government will continue to work tirelessly to ensure efficient and effective norms for MSMEs, businesses, startups and entrepreneurs and make Ind ...
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The passenger vehicle sales is set to register its first year-on-year double digit growth in 26 months as the low base of last year catches up even as ...
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The World Bank has paused its much-talked about Doing Business publication due to alleged irregularities in its 2018 and 2019 reports. These two repor ...
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After the reforms at state-run banks, the government is set to overhaul the appointments of public sector chiefs and functional directors and is looki ...
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Record foreign fund buying in equities, with the RBI now remaining on the sidelines in the foreign exchange market, boosted the rupee on Friday to a s ...
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The Finance Ministry has asked public sector banks to monitor cases where insolvency proceedings could be initiated against individuals who are guaran ...
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State Bank of India (SBI) has sought an urgent meeting with the Reserve Bank of India (RBI) to try and sort out the regulator’s objections to the part ...
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The Supreme Court on Wednesday reserved its order on a petition filed by fugitive businessman Vijay Mallya seeking review of a 2017 order that held hi ...
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Reserve Bank of India (RBI) governor Shaktikanta Das has called upon banks to shed their extreme risk aversion in lending and to focus on risk managem ...
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Banks have raised an alarm over real returns on deposit accounts turning negative with the rise in inflation numbers. The concern is that with deposit ...
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The Delhi High Court Thursday put on hold the insolvency resolution process (IRP) proceedings against Reliance Communications (RCom) Chairman Anil Amb ...
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Pulling up the Centre for “hiding behind the Reserve Bank of India” (RBI), the Supreme Court on Wednesday asked it to clarify its stand within a week ...
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Gujarat has topped the Niti Aayog's Export Preparedness Index 2020 followed by Maharashtra and Tamil Nadu in the second and third place respectively, ...
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India’s aspiration to indigenise toy manufacturing may not be easy to realise if the political tensions with China persist.It will prevent partnership ...
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IRDAI, the insurance regulator clarified that a motor insurance company cannot deny any claim for not holding a valid PUC or Pollution Under Control c ...
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UV Asset Reconstruction Company's (UVARCL) resolution proposal for bankrupt Aircel, cleared by the Insolvency Tribunal, was rejected by the Reserve Ba ...
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The growing adoption of digital payments in the country, especially during the Covid-19 pandemic, has necessitated the need for a comprehensive framew ...
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India was likely to see its lowest point of growth this year during the April-June quarter at -15.2%, according to a Nomura report on Wednesday.The Ja ...
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The Reserve Bank of India (RBI) on Tuesday said that Covid-19 had caused a severe shock to consumption, which will take a long time to recover, and it ...
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The value of money involved in banking-related frauds in India rose more than two and half times to Rs 1.9 lakh crore in fiscal 2020 from about Rs 71, ...
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Shareholders of Tata Motors lashed out at the company’s leadership at the annual general meeting on Tuesday for denying them dividends and questioned ...
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Several thousand Accenture employees in India are likely to be asked to go after the conclusion of the appraisal cycle that is underway. Accenture has ...
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Chinese billionaire Jack Ma’s Ant Group has said recent changes in foreign direct investment (FDI) by the Indian government has led the financial tech ...
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The pandemic has triggered a ‘dash to cash’ with many households hoarding bank notes. This has resulted in the currency to GDP ratio increasing to pre ...
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The Reserve Bank of India (RBI) is set to conduct a study on afew large instances of fraud to pinpoint the reasons behind the delay in identifying the ...
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Indian banks have to shed their risk aversion to ensure adquate flow of credit to productive sectors and also shore up their capital position to deal ...
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The Reserve Bank of India (RBI) has rejected the insolvency tribunal approved plan for selling Aircel's assets to UV Asset Reconstruction Company Ltd. ...
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The Reserve Bank of India (RBI) is pushing banks and non-bank finance companies (NBFCs) to raise capital to brace for a possible pile-up in bad debt i ...
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All the large private banks have introduced charges, ranging from Rs 2.5 to Rs 5, on person-to-person payments using the Unified Payments Interface (U ...
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The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable.With prime office blocks lying empty around the world, hot ...
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The number of job postings in India has increased in all industries, while engineering and healthcare have shown the best recovery so far, shows data ...
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The Supreme Court on Monday said it may order cancellation of spectrum allocation if telecom companies are not ready to pay the AGR-related dues owed ...
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The Telecom Regulatory Authority of India (Trai) is set to issue show-cause notices this week to Vodafone Idea and Bharti Airtel, asking them why it s ...
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At a time when big business owners such as Anil Ambani and Venugopal Dhoot are trying to defend their family assets from getting ttached as lenders st ...
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Indian businesses depending on imports under free trade agreements (FTAs) will now closely look into their supplier’s manufacturing process and ensure ...
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The auto industry has pressed the panic button and said that sales will be in a free-fall this fiscal due to the impact of coronavirus and economic sl ...
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The government has come out with norms for the enforcement of ‘rules of origin’ provisions for allowing preferential rate of customs duties on product ...
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Stressed telecom major Vodafone Idea may pay interest dues of around Rs 500 crore to lenders in the December quarter.The company has informed lenders ...
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In one of the clearest signs of a pick-up in business sentiment, company incorporations touched a seven-year high of 16,487 in July, or over 530 a day ...
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Prices of Chinese solar modules have increased for the first time since 2017, making Indian developers apprehensive about returns on their projects be ...
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US president Donald Trump has been attempting to stop work permits for spouses of those on H-1B visas. It won’t be easy. But were he to succeed, the o ...
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As efforts are made to bring the millions of migrant workers back to factories that power our economy, the paradox of states putting up policy picke ...
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Reserve Bank of India governor Shaktikanta Das has said banks are expected to come up with board-approved restructuring plans for Covid-affected bus ...
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The Supreme Court on Friday directed the department of telecommunication (DoT) to provide details of spectrum-sharing and trading among telecom comp ...
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Mr. Ambani had given a personal guarantee to the loans given by SBI to RCom and Reliance Infratel in August 2016. The NCLT in its order on Augus ...
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The government has sought detailed information from automobile manufacturers on investments in the country, industry imports and localisation levels ...
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Fear of inflation dominated the monetary policy committee (MPC) meeting of the RBI on August 6. Members said supply disruption was pushing up prices e ...
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Several shareholders of Tata Steel on Thursday questioned the management, led by chairman N Chandrasekaran, on the future of its unprofitable UK unit ...
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The government is planning to sell part of its stake in Indian Railway Catering and Tourism Corp (IRCTC) in the current fiscal, and has invited bids f ...
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At a time when corona-hit businesses are running through work-from-home (WFH) mode and internet has become the backbone of the economy, education and ...
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The Supreme Court expressed concern over how statutory adjusted gross revenue (AGR) dues of bankrupt telecom companies would be recovered if their spe ...
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The government is looking to develop a single online compliance framework for India Inc to enable companies to comply with different regulatory requir ...
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The Niti Aayog has fasttracked the event of India’s personal poverty index to rank states on measures they’ve adopted to drag folks out of poverty.The ...
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The Central government on Wednesday cleared the award of airports at Jaipur, Thiruvananthapuram and Guwahati for redevelopment to Adani Enterprises Lt ...
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The Covid-19 pandemic has provided a booster shot to the health insurance business in the country. With 130 new products launched in four months, the ...
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Almost five months into the financial year, the department of investment and public asset management (Dipam) is yet to open its account, although it i ...
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Microsoft’s Internet Explorer (IE), which once was the world's most popular browser — it had a peak market share of 95% in 2003 — will soon become his ...
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India’s online food delivery industry has recovered 75-80% of its pre-Covid sales. However, dining-in at restaurants is still at just 8-10%, according ...
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The government has taken further steps to address liquidity issues affecting the discoms during Covid-19 pandemic.It approved a special liquidity faci ...
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Five million salaried people lost their jobs in July, the Centre for Monitoring India Economy said. "17.7 million salaried jobs were lost in April 202 ...
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The Asian Development Bank (ADB) has approved a $1 billion loan to support construction of the modern, high-speed Delhi–Meerut Regional Rapid Transit ...
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The fear of the bankruptcy action has helped settle over 9,650 cases involving claims of around Rs 3.7 lakh crore, with companies and their promoters ...
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The People’s Bank of China (PBoC) has made a quiet entry into ICICI Bank as a shareholder. Earlier, its disclosure about having an over 1% stake in ho ...
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The recovery of adjusted gross revenue (AGR) dues of the insolvent telecom operators like Reliance Communications and Aircel has got more complex as t ...
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Indiabulls Housing Finance Ltd. agreed to exit the real estate business in a deal with Embassy Group and private equity firm Blackstone nearly three m ...
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The ‘Future of work’ — one of the most discussed topics at any HR conference — is already here. In a significant departure from conventional corporate ...
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The contraction of first quarter GDP growth is likely to be much narrower than previously estimated, an SBI report said on Monday, but cautioned that ...
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As the net worth of Anil Ambani-led RCom nosedived from over Rs 37,000 crore to around Rs 10,000 crore in the last two years, the Supreme Court on Mon ...
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Overall hiring in India has recovered from the lows of April with software engineers, business development and sales managers being among the jobs wit ...
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Automobile portal CarDekho on Monday announced its entry in the certified pre-owned car market through a franchise business model with the launch of t ...
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With a view to provide additional liquidity to crisis-ridden NBFCs and housing finance companies (HFCs), the government on Monday relaxed norms for Pa ...
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Lightspeed Venture Partners, an early backer of prominent startups such as Byju's, Oyo and Udaan, has raised $275 million for its third India-focussed ...
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The power ministry has dialled domestic manufacturers, including majors such as L&T and state run BHEL, for launching a phased manufacturing progr ...
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Lenders, including SBI, are working on restructuring options for home loans where the overall tenure of the loan does not extend by more than two year ...
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As professionals work from home, salary components such as conveyance allowance can no longer be tax-free, and given the spread of the pandemic, one m ...
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Reliance Industries (RIL) is in talks to acquire online furniture brand Urban Ladder and milk delivery platform Milkbasket as it looks to strengthen i ...
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The general insurance industry has posted yearover-year growth of 18% to Rs 17,011 crore in July, compared to the year-ago period. The industry has se ...
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States will be able introduce significant changes to their labour law framework, such as allowing retrenchment of workers, sans a legislative amendmen ...
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Diesel sales dropped by a fifth in the first half of August compared with a month ago, signalling extended regional lockdowns, sluggish economic recov ...
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Indian banks issued more than 16 million new debit cards during the peak months of the lockdown amid an increased demand by customers for contactless ...
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Prime Minister Narendra Modi is set to unveil the much-awaited scheme to reward honest taxpayers on Thursday.While the government has for long talked ...
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Banks have been advised to be ready with the list of borrowers who will be eligible for one-time debt restructuring under a special window opened by t ...
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After a four-month lull, insurance claims for hospitalisation are gathering pace, for both Covid as well as non-Covid treatments. While the number of ...
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When TeamLease Services lately marketed for a gap in a advertising and marketing function on the recruitment firm, it was stunned to obtain a response ...
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A massive government-cum-Reserve Bank of India effort to increase loan flow to low-rated non-bank lenders appears to be paying off. Public sector bank ...
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India could ease the exit clause in the highways sector for investors who want to sell them off after completion of construction.Looking to draw inves ...
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The Indian car buyer does not want to buy diesel-powered vehicles anymore. The share of diesel variants in sale of small cars and sedans has fallen to ...
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The government is looking to make urban co-operative banks eligible to lend under the Rs 3 lakh crore emergency credit line guarantee scheme (ECLGS) f ...
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The labour ministry may widen the scope of gratuity to include contract workers, gig workers, seasonal workers and fixed-term employees by reducing th ...
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Equity mutual funds witnessed the first month of net outflows in July after four years as jittery investors preferred to stay in cash after the sharp ...
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Leading private sector lender ICICI Bank on Monday evening said it was launching a qualified institution placement (QIP) issue to raise up to Rs 15,00 ...
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The government is considering increasing customs duty on close to 20 product segments including laptops, cameras, textiles and aluminum goods, while p ...
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Banks are struggling to create a common pact for lending to companies that will need funds to grow, rejig their loans, and battle the slowdown wrecked ...
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To make the Indian defence industry self-reliant and boost indigenisation, the Ministry of Defence banned the import of 101 items on Sunday.The MoD ha ...
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Because it traces up a recent Rs 8,000-crore funding for India, German auto big Volkswagen Group has mentioned that it isn’t simple to do enterprise i ...
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A product was thought-about delicate if China accounted for over 10% share of imports or if the worth of shipments was $50 million or extra. ‘Such exp ...
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Prestige Estates is in talks with the US-based private equity firm Blackstone to sell a big portion of its commercial office portfolio and some malls ...
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The RBI's stringent restrictions on the opening of corporate current accounts are likely to hit foreign and private sector banks. These banks may have ...
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The government’s move to keep land parcels ready for investors to quickly decide on investment destinations is expected to begin in close to half-a-do ...
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The Reserve Bank of India (RBI) on Friday announced the names of the members, for the committee constituted under the chairmanship of K.V. Kamath to m ...
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Entertainment Network (India) Ltd, or ENIL, the operator of India’s No.1 FM radio channel Radio Mirchi, on Friday posted a total revenue of Rs 37 cror ...
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The coronavirus induced lockdown and subsequent crunch in parts supplies from China due to border tensions saw the Indian smartphone market contract b ...
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Any acquisition by microsoft of TikTok that includes the video streaming app's India business is unlikely to incur tax locally, said officials and exp ...
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Oil in New York fell as US President Donald Trump’s latest attack on Chinese tech companies stoked tensions between the two countries, weighing on ris ...
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US President Donald Trump’s order directing his government to increase procurement of indigenously-manufactured essential medicines, could hurt Indian ...
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Blackstone Group Inc. and Brookfield Asset Management Inc. are among private equity firms looking to buy stakes in Indian malls hit by the coronavirus ...
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For the first time since the 2008 financial crisis, the Reserve Bank of India on Thursday announced an across-the-board loan restructuring scheme that ...
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The Reserve Bank of India (RBI) on Thursday left interest rates unchanged but promised to continue with the accommodative stance as long as it is nece ...
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Account-holders will soon be able to send to their bank the details of a high-value cheque they issue to third parties, which will enable safer and fa ...
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Borrowers can now pledge gold jewellery and ornaments in the banks and get loans of up to 90 per cent of its value, the Reserve Bank of India has said ...
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India's third-largest telecom operator Vodafone Idea on Thursday reported a sharp rise in its losses to Rs 25,460 crore for the April-June quarter of ...
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The Centre may allow Aadhaar authentication on a voluntary basis for delivery of social welfare benefits by government entities in order to ensure goo ...
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The National Company Law Appellate Tribunal (NCLAT), New Delhi, has set aside the approval given to investor Kalpraj Dharamshi and Rekha Jhunjhunwala ...
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Logistics companies are grappling with payment delays from cash-strapped customers as well as higher costs due to increase in diesel prices, shortage ...
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A new Rs 10,000-crore facility the central bank has offered to the National Bank for Agriculture and Rural Development (Nabard) and the National Housi ...
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India’s top IT companies will hire more than 1,00,000 employees remotely or locally. This major move has been taken to strengthen the team of the comp ...
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As central banks across the world continue to infuse money into the system to insulate their economies from the impact of a Covid-induced slowdown, in ...
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Health insurance claims related to Covid-19 are inching owards the one-lakh mark, with the value of the claims at around Rs 1,400 crore. Even as Mumba ...
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Uber’s ride-hailing business is seeing the slowest recovery in India compared to other large markets like the US and Brazil, both of which even have m ...
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India may prescribe a low threshold for beneficial ownership under the foreign direct investment (FDI) policy, which was recently amended to require p ...
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The adoption of work from home (WFH) has allowed companies to skirt the Covid-19 threat to offices but, as the practice has dragged on for four months ...
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If you expect India's aviation industry to take off immediately, you'd be considered rather optimistic. That's because airlines are not flying as ofte ...
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The NCLT has said it will take up the Resolution Plan of Reliance Infratel on August 10 and those of Reliance Communications (RCom) and Reliance Telec ...
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The labour ministry may soon include gig workers under the existing social security schemes of the government, which would make them eligible for pens ...
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Sashidhar Jagdishan is set to head HDFC Bank after Aditya Puri, managing director and CEO, steps down in late October. Jagdishan, 55, is currently Gro ...
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The Telecom Dispute Settlement & Appellate Tribunal (TDSAT) has rejected the telecom regulator's plea to change its interim order to note that its ...
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Even as the indian drug regulators are pushing the domestic manufacturers to expidite clinical trials to produce Covid-19 vaccine swiftly, the vaccine ...
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The government has banned the browser offered on smartphones made by Xiaomi, widening the action against Chinese companies operating in India.The acti ...
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India is well on the path to recovery from a trough in April, supported by proactive government and central bank policies, a finance ministry report s ...
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Indian startups will have to wait longer to own their non-banking financial company (NBFC) licence since the RBI has returned the applications of seve ...
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Kolkata: Sales of large capacity refrigerators, washing machines, microwave ovens and large screen televisions have risen 40-70% on-year in July, as u ...
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Beverage maker Coca-Cola said it is premature to predict consumer demand in the near immediate term and upcoming festive season, though it is seeing g ...
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Negotiations over resolving the personal debt of Kishore Biyani, amounting to about Rs 2,000 crore, is one of the final key items as the deal between ...
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Tractor sales in the country have clocked over 35% year-on-year growth in July on the back of robust agricultural activities.
Top manufacturers lik ...

Baidu Search and Weibo, among the most influential apps of China and dubbed as the country’s answer to Google search and Twitter respectively, have be ...
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The government plans to review its newly launched Rs 1 lakh crore Agri Infrastructure Fund (AIF) after the disbursement of Rs 20,000 crore.“The scheme ...
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Tata Capital will invest Rs 225 crore or $30 million for a 0.85 per cent stake in Biocon's biosimilar business Biocon Biologics, valuing the company a ...
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The government is reviewing the continuation of the free trade agreement (FTA) with Asean in the wake of the trading bloc’s reluctance to address Indi ...
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Prime Minister Narendra Modi Friday said that time had come to focus on self-reliance and security in the telecom sector, highlighting an issue which ...
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Aided by the relaxation in lockdown restrictions, India’s infrastructure sector contracted at a slower pace in June compared to May. However, barring ...
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The government is considering increasing the import duty on active pharmaceutical ingredients (APIs) to 20-25% from the current 10%, to help boost loc ...
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In a move aimed at promoting domestic manufacturing, the government on Thursday decided to license the import of fully-built televisions sets by putti ...
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Reliance Industries saw its first quarter profit rise 31% to Rs. 13,248 Crore on the back of the gain it made from sale of its 49% stake in the petro ...
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Amid complaints of exclusion, the government is looking to expand the coverage of the guarantee-based loans for small businesses. The sanctioned limit ...
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Mortgage lender HDFC on Thursday said its net profit fell 4.7 per cent to Rs 3,052 crore for June quarter compared with Rs 3,203 crore in the same qua ...
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The ministry of corporate affairs has notified rules for investigating complaints against judges of the National Company Law Tribunal (NCLT) and the N ...
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Third-party sellers have demanded transparency from e-commerce company Amazon on its data practices as well as alleged preferential treatment for in-h ...
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Robust demand from Bihar, West Bengal, Jharkhand, Madhya Pradesh, Haryana and Himachal Pradesh is bolstering the restoration for India’s main carmaker ...
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Bharti Airtel went deeper into the red as its losses in first quarter of FY21 widened to Rs 15,933 crore due to provisioning made towards the SC-manda ...
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The department of revenue has asked its commerce counterpart to review the coverage of export incentive scheme MEIS (Merchandise Export from India Sch ...
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Prime Minister Narendra Modi urged the country’s top lenders to fund bankable projects, undeterred by the non-performing assets (NPAs) generated in th ...
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Maruti Suzuki reported its first loss since it became a listed entity in 2003 as lockdown and other restrictions crippled sales and production for the ...
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As high as 88% of the workforce in India prefer to have the flexibility of working from home and 69% believe their productivity has increased wh ...
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This is third disciplinary action in IL&FS Financial Services matter by the audit regulator in last 10 daysAudit regulator NFRA has slapped a fine ...
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Worried over the flow of credit to the corporate sector and small businesses, Prime Minister Narendra Modi will brainstorm with the country’s top bank ...
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TikTok, is understood to have told the government that the company is ready to set up data centres in India to store user information locally even as ...
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The negative impact of Covid-19 on the Indian spirits industry has forced major local players to introduce country liquor in paperboard cartons. Launc ...
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Flipkart said it plans to offer 90-minute deliveries for groceries and home accessories, as the Walmart-owned online retailer goes head to head with A ...
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The revenue-starved finance ministry has asked the commerce ministry to limit benefits under the flagship Merchandise Exports from India Scheme (MEIS) ...
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An unprecedented amount of funds being infused by central banks around the world is driving metal prices up. Gold is now at an all-time peak, silver’s ...
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Reserve Bank of India (RBI) governor Shaktikanta Das remained non-committal on both moratorium and a loan-restructuring scheme despite conflicting dem ...
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Global alternatives assets major KKR is in advanced discussions to merge its corporate lending unit KKR India Financial Services with InCred Finance, ...
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IndiGo, which carries one in every two domestic air passengers, has deepened pay cuts for its senior employees and pilots by another 15-35%. This come ...
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The 15th Finance Commission chief N K Singh underlined the need for a significant government outlay for recapitalisation of public sector banks ...
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TV broadcasters are in a tizzy these days. An order from the Telecom Regulatory (TRAI) has troubled them. TRAI has instructed them to follow the new t ...
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Reliance Industries (RIL) is in late-stage talks to acquire the retail business of Future Group as it moves to bolster its brick-and-mortar play in As ...
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Former central banker Viral Acharya warned against the Reserve Bank of India monetizing the government’s budget deficit, citing risks to inflati ...
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India’s e-commerce industry is expected to reach $99 billion in size when online commerce penetration will more than double to almost 11%. The growth ...
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Aditya Puri, HDFC Bank’s managing director who’s slotted to retire in about three months, last week sold about 74 lakh shares of the bank worth about ...
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The probe into the financial troubles of Coffee Day Enterprises (CDEL), which runs the Cafe Coffee Day chain, has laid the blame on late promoter VG S ...
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Apple is growing its engagement in India and has started to manufacture its top-of-the-line iPhone11 smartphone, at a time when the government is aggr ...
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The Reserve Bank of India (RBI) has warned that bad loans in banks could rise to a 20-year high as a result of the economic crisis triggered by the Co ...
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Chinese manufacturers that have invested in India to set up manufacturing facilities via the foreign direct investment route will need a fresh securit ...
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Former Reserve Bank of India (RBI) governor Urjit Patel has said that differences with the then finance minister began with the government’s decision ...
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In a major relief for Tata Education & Development Trust, the Income Tax Appellate Tribunal (ITAT) on Friday ruled in favour of the trust in its a ...
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The government may be unable to meet its Budget estimates for the current financial year (2020-21) due to the Covid-19 crisis, but expects a V-shaped ...
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The special financing window for held-up housing projects has provided assistance of nearly Rs 8,800 crore to 81 projects — with 27 in Mumbai and 26 i ...
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The Pink City-headquartered AU Small Finance Bank reported net profit growth of 48% at Rs 177 crore in the Covid-hit first quarter of the current fina ...
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India's economy will spring back to normal sooner than expected and may even make a sharp V-shaped recovery in the next financial year, two top financ ...
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The Indian arm of American financial consultancy firm Duff & Phelps has dragged the Insolvency & Bankruptcy Board of India (IBBI) to cou ...
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Finance minister Nirmala Sitharaman pushed Central Public Sector Enterprises (CPSEs) to perform better to achieve their capital expenditure (capex) ta ...
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The government may prefer to provide a fiscal push once uncertainty over the Covid-19 pandemic declines with the arrival of a vaccine, chief economic ...
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National Financial Reporting Authority (NFRA), the regulatory body for auditors of listed and large companies, announced a seven-year ban on former De ...
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A probe into Coffee Day Enterprises (CDEL) is expected to reveal details of suspicious circular transactions between Mysore Amalgamated Coffee Estates ...
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Demand for two-wheelers is recovering at a fast pace and most manufacturers are placing bets on the premium range owing to traction from the leisure a ...
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Non-performing assets in the micro, small and medium enterprise (MSME) sector are likely to increase as the moratorium on the repayment of term loans ...
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Listed Indian automobile companies could post a cumulative loss of Rs 10,000 crore for the June quarter.As much as Rs 7,000 crore of this is expected ...
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The government is recalibrating its strategy on entering into free trade agreements (FTAs) in a bid to ensure that the treaties provide economic and s ...
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The country’s recruiting sentiment has improved a little after the lockdown with an increased hiring intent for the first half of this fiscal, accordi ...
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In their quest to find immunity boosters against Covid, more Indians are gulping concoction of spices firing up the prices of turmeric, pepper and gin ...
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As the state is heading for a bumper kharif crop lead by paddy, sales of tractors is also powering ahead with new tractor registrations across RTOs in ...
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Top manufacturers of smartphones and consumer electronic goods such as LG, Sony, Xiaomi, Vivo, Realme and Panasonic are advancing festive season ...
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A clutch of non-AAA rated firms has applied for nearly half the amount set aside for nonbank lenders under the government’s special liquidity programm ...
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A corporate fixed deposit rates have come down a bit reducing their attractiveness over bank and post office offerings. But senior citizens can ...
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Coffee Day Enterprise’s auditor, BSR & Associates, has resigned citing “commercial considerations”.In its last report, the KPMG unit raised questi ...
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Refinery run rates are again falling in the country after reaching near pre-Covid levels, which may reduce crude oil imports, as local lockdowns, mons ...
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A cheaper, faster and easier insolvency resolution process is on the cards for micro, small and medium enterprises (MSMEs), said Insolvency and Bankru ...
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The labour ministry has finalised two labour codes that will give flexibility to state governments on rules related to hiring, retrenchment and fixing ...
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India’s big telecom players, except Jio, pleaded before the Supreme Court for a staggered payment of adjusted gross revenue (AGR) dues over 15 y ...
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Covid-related disruptions in the economy during the just ended April-June quarter (Q1FY21) are expected to reduce India Inc’s net profit by more than ...
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The government-appointed board of failed finance and infrastructure group IL&FS has said that it now expects to recover more than it earlier estim ...
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India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to just five as part of an over ...
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Bankers warn that many businesses may not be able to square their positions by March 2021 with regards to dues relating to the ongoing moratorium peri ...
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The current pandemic, which has challenged businesses like never before, has also got them thinking about the quality of their board of directors. Alt ...
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The bottled water industry in India, which was growing at double digits, has hit a roadblock due to Covid-19 as sales in offices, hotels and travel re ...
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The Income Tax department has started the first phase of the faceless assessment and 7,116 cases were disposed of without raising any demand for addit ...
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India is reviewing its foreign direct investment (FDI) policy for the real estate sector to see if 100% overseas investment can be allowed in complete ...
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India has collected more than `2,600 crore by taxing digital advertising since it began levying the equalisation tax in 2016, people in the know said, ...
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There are early signs that India is finally turning into a digital payment economy less dependent on cash. For the first time, in the fourth quarter o ...
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The government has told the US authorities that the equalisation levy on e-commerce supplies and transactions is non-discriminatory and is in line wit ...
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The appellate tribunal stayed the telecom regulator’s July 11 order blocking Vodafone Idea Ltd’s RedX premium tariff plan, granting interim relief to ...
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Bank customers can soon automate the payment of their credit card bills, insurance premiums, loan instalments and all such transactions of recurring n ...
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India has proposed imposing customs duties on computer-aided design, or CAD, files, which are necessary for 3D printing, while pitching its case for c ...
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Restriction on imported gear for renewable and thermal power projects will not deter State Bank of India from lending to projects built on foreign equ ...
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In a major departure from the Insolvency & Bankruptcy Code (IBC) provisions, the regulator has proposed a special dispensation for micro, small an ...
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Middle-class Indians, who were until last year worried about savings for their children’s education or marriage, are now more concerned about immediat ...
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Local start-stop-start lockdowns are playing havoc with the auto industry’s production and sales ramp-up plans.
Companies readying to scale u ...

Ministers from the Organisation of the Petroleum Exporting Countries (OPEC) cartel have agreed to allow more oil to flow from the taps, saying demand ...
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Extensive shutdowns being imposed with little warning by states have worried policymakers at the Centre as they threaten the revival of an economy stu ...
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Indiabulls Housing Finance is in talks with at least four potential investors – Deutsche Bank, Oaktree Capital, Brookfield and SSG Capital – to sell b ...
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As India resumes air travel with various nations, IndiGo and SpiceJet, in a first, are leasing long-haul planes on a wet lease to launch flights to th ...
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Google has agreed to invest Rs 33,737 crore to buy a 7.7 per cent stake in Reliance Industries' technology venture, adding to a slew of investments si ...
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A sharp fall in deposit rates due to aggressive rate cuts by banks in response to the Reserve Bank of India's (RBI) reduction in the benchmark rates c ...
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Maruti Suzuki, Hyundai Motor and Mahindra & Mahindra the country’s top carmakers are adding factory shifts and hiring more workers to fire u ...
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Reliance Retail, the retail arm of Reliance Industries (RIL), will induct global partners and investors in the next few quarters. “We have received st ...
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India registered a trade surplus after almost two decades with the balance in June turning in the country’s favour at $790 million. However, a sharp c ...
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Reliance Industries (RIL) said global technology giant Google would invest Rs 33,737 crore for a 7.73 per cent stake in Jio Platforms, the subsidiary ...
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The government is discussing ways to boost consumer demand in the economy, with one option being the possibility of providing salary support of up to ...
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US-based retail giant Walmart is leading a fresh infusion of $1.2 billion in Flipkart, two years after it acquired a 77% stake for $16 billion, as the ...
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The auto industry has sent out an SOS to the government, seeking a 10% reduction in GST rates across vehicle categories. While painting a grim picture ...
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The market for perpetual bonds from banks is clawing back to life as yield-hungry investors begin to take higher risk and banks open up for such ...
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Blue-collar job openings saw an uptick in sectors like e-commerce and logistics, according to HR consultancies which expect a further spike to come ab ...
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Google will invest $10 billion in India over the next five to seven years with the aim of consolidating its position in the digital ecosystem of the w ...
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Revenue deficit of state power distribution companies has risen to the worst in nearly a decade, while other financial indicators are also bleak. The ...
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Vodafone Idea moved the telecom tribunal on Monday, challenging a regulatory order blocking its RedX premium tariff plan that offers faster data speed ...
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Commerce and industry minister Piyush Goyal on said India is not against imports and will need to import certain products as every country can't produ ...
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Retail inflation in India firmed up in June, breaching the tolerance band of 4% with a margin of 2% set by the Monetary Policy Committee.Miscellaneous ...
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The telecom regulator has blocked Bharti Airtel’s Platinum and Vodafone Idea’s RedX premium plans that offer faster data speeds and priority services, ...
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A sharp fall in lending rates due to aggressive benchmark rate cuts by the Reserve Bank of India (RBI) and faster deposit growth during the lock ...
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Industry body FICCI's latest Economic Outlook Survey has pegged India's growth for 2020-21 at (-) 4.5 per cent as the country continues to see a gradu ...
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India and the US will this week discuss a possible move towards a Totalisation Agreement — which will help Indian technology and other professionals a ...
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Tata Consultancy Services (TCS) plans to keep its India campus hiring this year at about the same level as last year (40,000), despite the sharp drop ...
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Reliance Industries (RIL) has raised Rs 730 crore from Qualcomm Ventures by selling 0.15% stake in Jio Platforms, it said on Sunday.The company, ...
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Software units housed within the national technology parks of India will face no curbs with regard to moving employees and assets to a remote working ...
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India's industrial production contracted 34.7% in May, slower than the pace in April, computations based on official government data showed. The figur ...
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Manufacturing companies from Maruti Suzuki, Hyundai Motor India and Toyota Kirloskar Motor to JSW Steel and Steel Authority of India are closely ...
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Indian entertainment apps such as Mitron, Trell, RheoTV, Aiisma, Loco and Rooter are gaining both talent and users from banned Chinese apps as tension ...
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State Bank of India chairman Rajnish Kumar said that across the board relief on payment of loan dues is not needed beyond August and he expects the Re ...
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Prime Minister Narendra Modi said solar energy would play a major role in achieving self-reliance in energy, essential for an Atmanirbhar Bharat (self ...
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A government move to extend the timeline for depositing tax deducted at source (TDS) and tax collected at source (TCS) is creating cash flow pro ...
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The consumer affairs ministry has ordered that every product sold by companies and ecommerce platforms must prominently display its country of origin, ...
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Speaking at the India Global Week 2020, Prime Minister Narendra Modi said Aatmanirbhar Bharat, or self-reliant India, is "not about being ...
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Days after the government banned 59 Chinese apps on concerns over data security and privacy, Chinese e-commerce companies Club Factory, Shein and Romw ...
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In the rough high seas, it is wise to stay put in the biggest liner in the business.
The world of banking isn’t vastly different, where small and m ...

PolicyBazaar CEO Yashish Dahiya has become the first CEO among India’s most valued internet companies to speak out openly against China. Dahiya said t ...
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India Inc has suggested policy measures pertaining to approvals for starting a business, dispute resolution and logistics infrastructure to make indus ...
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Government officials will soon meet executives of auto companies and component makers to prepare a long-term road map aimed at localising production a ...
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Barely two days after new rules directing international students to leave the US if they are not attending in-person classes, Harvard University along ...
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The union cabinet has decided to put on hold the proposed merger of the three state-run general insurers even as it approved ₹12,450 crore in capital ...
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The banking and payments sector may have to continue relying on ‘Made in China’ payment terminals or point of sale (PoS) machines, in the absence of c ...
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Small investors have started feeling the pinch of declining cash flows due to Covid-related issues like salary cuts, job losses, furloughs and delay i ...
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ICICI Bank’s board approved a proposal to raise Rs 15,000 crore through issue of fresh equity. This has taken the tally of completed and p ...
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Finance minister Nirmala Sitharaman sought to push capital expenditure by the country’s top public sector companies, as part of the government’s drive ...
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After gradual reopening of the economy, consumer goods sales recovered in June to levels seen before the lockdown.
Supply chain disruptions and res ...

India is keen to take advantage of the unrest in Hong Kong and draw businesses looking to move out of the island enclave to its own international fina ...
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Abu Dhabi Investment Authority (ADIA) has renewed negotiations with Reliance Industries Ltd (RIL) to pump in approximately a billion dollars (ab ...
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The Enforcement Directorate (ED) registered a money laundering case against GVK Group promoters along with others in connection with fraudulent transa ...
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The worst seems over for India’s job market, the Centre for Monitoring Indian Economy has said, adding that the country is likely to settle at an unem ...
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Income from dividend, interest and long term capital gains of sovereign wealth funds, the Abu Dhabi Investment Authority and pension funds, through in ...
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Hit by the nationwide lockdown, India’s fashion and apparel sector has recovered only 35% of sales compared to January levels . Fashion sales in ...
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The Reserve Bank of India is believed to have intervened in the forex market to buy nearly a billion dollars and arrest the surging rupee’s new found ...
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The Covid-19 pandemic has prompted Indian information technology (IT) services companies such as Tata Consultancy Services (TCS), HCL Technologies, Wi ...
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In the first post-Covid19 estimates, Bharti Airtel and Vodafone Idea (VIL) are likely to report sequential falls in mobile revenue and operating incom ...
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Professional services firm PwC India has said it will announce promotions, compensation revisions and bonus payouts for employees on October 1, 2020.E ...
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Most toll road operators have threatened to go to arbitration to recover around Rs 650 crore from the highways authority as interest and maintenance c ...
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Nearly 30% of firms are operating at over 70% capacity and 45% companies expect capacity utilisation to accelerate in the months ahead. But they conti ...
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India may register its first monthly trade surplus in over 18 years in June as the pace of contraction of exports is estimated to have slowed down to ...
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Global sportswear makers, who get a large chunk of their domestic portfolio from China, are looking to shift sourcing and manufacturing to India and S ...
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Private equity investments in India have seen a steep drop in the first six months of 2020, as the country's shrinking economy, which has been further ...
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Retail sales of vehicles far outnumbered dispatches from factories to dealerships last month, suggesting a recovery in the market while also highlight ...
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A larger bench of the Income Tax Appellate Tribunal scheduled to look into a recent amendment of the Income-Tax Act that seeks to curtail the power of ...
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The commerce and industry ministry has sought stricter scrutiny of goods coming from Bangladesh, Sri Lanka, South Korea and the Asean bloc, amid fears ...
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Sugar traders are eyeing export deals with China, which they say are viable despite customs duty of 50%, but are afraid that the border tensions ...
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An increasing number of Indian companies are staring at write-downs in their business this fiscal as they will be forced to record the demand-collapse ...
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E-tailers should ensure they have an integrated system that connects customs, the RBI and India Post to track imports of product shipments coming from ...
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India will not allow import of power equipment from China & Pakistan, power minister R K Singh announced, citing recent transgression in bor ...
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The investment arm of Intel Corp. agreed to pay approximately Rs. 1,895 crore ($253 million) for a stake in Jio Platforms Ltd., the telecommunications ...
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The reopening of commercial passenger flight services in a phased manner is not expected to help in recovery of domestic aviation industry in FY21, a ...
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Many large companies and banks are monitoring key employees and internal information systems to stop the leakage of price-sensitive information as sen ...
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Services activity picked up pace in June from record lows earlier but continued to show deep contraction for a fourth straight month, as firms reporte ...
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India is eyeing enhanced value addition in quite a few sectors that can switch to local inputs quickly instead of depending on imports.The Ministry of ...
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A section within the government is of the view that the Centre must adopt tough measures against China over the border standoff and act against Beijin ...
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India is weighing the option of easing a regulatory price cap on overseas borrowing to ensure wider financing access for cash-starved companies even a ...
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Indian companies have started submitting proposals to the government on ways to reduce import dependence on China, recommending measures such as levy ...
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The Reserve Bank of India (RBI) may unveil more relief measures for some of the stressed sectors of the economy, especially in the services segment, a ...
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Bank loans to MSME businesses shrank more than 7% in April and May from pre-Covid-19 levels, underscoring increased risk perception among banker ...
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For the first time in over two decades, several top corporates have suspended revenue guidance issued to investors and business partners, saying they ...
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Amidst escalating geopolitical tensions, Chinese smartphone makers are putting their immediate manufacturing-related investments on hold, given the un ...
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Shared mobility companies like Ola and Zoomcar may downsize their fleets, as demand stagnates amid rising cases of Covid-19 infections across th ...
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A day after the US communications department tagged Chinese telecom vendors Huawei and ZTE as a “national security risk”, government sources her ...
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Vodafone Idea reported a staggering Rs 73,878-crore loss in fiscal 2019-20 the highest ever by any Indian company after it made prov ...
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Indian customs began clearing shipments of Chinese origin that had been stuck at ports for the past 10 days after border tensions escalated. Consignme ...
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The Railways formally kickstarted its plans to allow private entities to operate passenger trains on its network by inviting request for qualifi ...
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The government is keeping a close watch on the tendering of the Rs 55,000-crore emission control equipment by the thermal power sector that has placed ...
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The World Bank announced a $750 million package for India’s medium and small enterprises, which have been severely impacted by Covid-19 pandemic and l ...
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Parking money with liquid mutual fund schemes a product used by investors to hold their idle cash for shorter periods will end up squeezing returns fu ...
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Your Chinese smartphones from companies such as Xiaomi, Oppo, Vivo and RealMe will continue to work and not be immediately affected by the ...
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Wipro’s billionaire founder Azim Premji’s investment firm Premji Invest and SBI General Insurance are exploring a joint bid to acquire Future Generali ...
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Bharti Airtel said it has signed a pact to sell a roughly 25% stake in its data centre unit Nxtra Data Ltd. for $235 million."The post-money ent ...
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The government has increased a nationwide alert and stepped up monitoring as intelligence agencies prepare for intensified cybersecurity attacks from ...
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The government will soon come up with rules to tackle the issue of delayed payments to micro, small and medium enterprises (MSMEs), although an immine ...
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The CBDT has exempted from income tax the purchase of shares at rates lower than the market price in companies undergoing insolvency proceedings and w ...
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Financial creditors to the bankrupt Bhushan Power & Steel (BPSL) have rejected JSW Steel’s request for time till March 2021 to take over the sick ...
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The stock of components in several smartphone and electronic factories has reached critically low levels because import consignments, particularly fro ...
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Around 95 per cent of consumer electronics and appliances sold in India are produced locally, although dependence on China for components still ranges ...
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Hero Cycles may well be looking to scoop up the struggling operations of Atlas Cycles.Atlas Cycles, had recently shut its last manufacturing unit in t ...
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Indian customs authorities have exempted select US and South Korean companies from mandatory 100% physical checks of their shipments of Chinese-origin ...
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Reliance Industries (RIL) has moved close to clinching a deal to buy the retail businesses of Kishore Biyani’s Future Group.
The move will further ...

India is looking to increase the scrutiny of imports from Chinese companies or entities located in Association of Southeast Asian Nations (Asean ...
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Rajiv Bajaj, managing director of Bajaj Auto, on Sunday defended his company’s handling of the rising Covid-19 cases in its Aurangabad factory and sai ...
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Indian automakers could report the worst demand decline in almost three decades in the three months to June, with wholesale dispatches and retail sale ...
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India is taking a relook at its draft National Logistics Policy, prompted by the economic crisis induced by the Covid-19 pandemic and the border stand ...
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Individuals will be able to claim income tax exemption for conveyance, travel and other allowances given by employers under the new regime that offers ...
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The RBI board discussed the need for extending the non-performing assets (NPA) recognition date beyond 90 days, citing widespread distress in th ...
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SBI chairman Rajnish Kumar said that the lender, which until now was chasing home loans because of the security they offered, is shifting focus to mic ...
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Reserve Bank of India (RBI) governor Shaktikanta Das said measures adopted by the central bank had ensured that interest rates had declined acro ...
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Indian drug makers have asked the commerce ministry to expedite the clearance of their consignments imported from China, which are stuck at several In ...
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Apparel exporters' body AEPC has sought the government's intervention in expediting the clearance of import consignments from China, saying "inordinat ...
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Wages in labour-intensive sectors may rise by 10%-20%, with manufacturing companies willing to pay a premium to get workers back to shop floors ...
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Solar companies that have manufacturing units in special economic zones (SEZs) have expressed concern over the proposal to levy basic custom dut ...
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A growing number of professionals are moonlighting as online teachers, either as a part-time job or experiment, or sometimes even a full-time gig afte ...
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Most health insurance covers require that a patient be admitted to a hospital for at least 24 hours before he can avail the benefits of the policy. Bu ...
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Sales and new launches of residential projects took a severe beating between April and June due to the pandemic.Sales dropped 81% to 12,720 units acro ...
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Mobile phones will attract an 18% goods and services tax (GST) rate from April 1, 2020, up from existing 12%, after the GST Council corrected the inve ...
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State governments are big beneficiaries of the record low benchmark rates, and they are raising money through central bank auctions at levels last see ...
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The government is working on a list of alternative countries that could be suppliers of critical components that cannot currently be manufactured dome ...
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The Federation of Indian Export Organisations (FIEO) on Thursday said it is against a blanket ban on Chinese imports terming it infeasible as India im ...
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The finance ministry has initiated steps for a one-time restructuring for businesses that were viable in the pre-Covid period, but are strugglin ...
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As gold price is touching record high in the domestic market, lenders are now focusing more to benefit from this opportunity. Some lenders have ...
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India plans to expand its production-linked incentive scheme to five more sectors to help boost local manufacturing, reduce dependence on imports and ...
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The Cabinet approved a slew of proposals, including an ordinance bringing cooperative banks under supervisory powers of the Reserve Bank of India and ...
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Concerned over the practices adopted by some of the digital lending platforms, the Reserve Bank of India (RBI) has cracked down on them and imposed se ...
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New-age digital insurance startups are betting on increased demand for medical insurance, to tide over the pandemic-induced slowdown, which has impact ...
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All shipments coming from China are being physically checked at ports and airports following a nationwide alert regarding enhanced risk weightag ...
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The finance ministry said that “early green shoots of economic revival” have emerged in May and June and listed a host of indicators to argue that the ...
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After the exodus, it’s now the return of the migrant workers. They made a difficult trek back home during the lockdown as factories downed shutt ...
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The government procurement portal GeM has made it mandatory for sellers to mention 'country of origin' on products they wish to sell through the platf ...
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The unemployment rate in India fell to its pre-lockdown level of 8.5% in the week ended June 21 from the peak rate of 23.5% in April and May after the ...
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Unable to reduce property price directly due to high circle rates, leading real estate developers in NCR are offering benefits upto 25% of the propert ...
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Indian customs could carry out 100 per cent checks of Chinese import consignments at ports on the back of heightened security concerns following tensi ...
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India has fast-tracked the creation of a Centralised Appellate Authority of Advance Rulings, wary of divergence in rulings by regional bodies leading ...
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India is eyeing about 5,000 technical regulations to rein in cheap imports and provide a quality boost to domestically made industrial goods, telecom ...
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India is trying to identify Chinese technology companies with direct or indirect links to that country’s government or military. Such companies ...
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India’s big corporates with strong liquidity position hold close to ₹3.3-lakh crore of dues to micro, small and medium enterprises (MSMEs).In the wake ...
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Banks are piling up liabilities much more quickly than assets on their books, with their deposit base expanding faster than it did last year despite a ...
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Bharti Airtel has upgraded the SOC to a higher threat-level status for the next 5-7 days in the wake of likely cyber attacks. The telecom operator has ...
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The country’s competition watchdog has disposed of a complaint alleging that a food delivery platform abused its market dominance through unfair prici ...
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HP Inc may shift some manufacturing capacity away from China to India, as the personal computer and printers maker races to start a second manufacturi ...
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India’s trade deficit with China is estimated to have narrowed to $48.7 billion during the last financial year — the lowest in five years — compared w ...
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The Covid-19 pandemic seems to have brought back the pertinent question of goods categorisation under GST framework. In many cases, the GST rate paid ...
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India’s ecommerce industry has recovered about 90% of its overall order volumes since restrictions on shipping of non-essential products were relaxed ...
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Automakers with a Chinese pedigree are playing it safe with their India strategy. These companies are filling up positions from factory floors to boar ...
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The government’s credit guarantee programme and the central bank’s Covid package have triggered an increased flow of credit to the country’s pandemic- ...
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India is looking to relax conditions for its own Shenzhen-style national employment zones in a fresh push to make these more attractive to foreign inv ...
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Banks are in a major dilemma over a directive from the Reserve Bank of India (RBI) that lenders should decide whether loan accounts that have been ‘re ...
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Top Indian consumer-focused unicorns like Paytm, Ola, Zomato, MakeMyTrip and others backed by Chinese capital are facing the ire of consumers. Users a ...
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The Centre has asked industry to prepare a detailed list of all purchases from China and flag those critical to operations so that the government can ...
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Entrepreneur Mukesh Ambani said that his company Reliance Industries is now “net-debt free” after raising over Rs 1.68 lakh crore in 58 days. “I have ...
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The government has set the ball rolling for an initial public offering (IPO) of the country's largest insurer — Life Insurance Corporation of India.Th ...
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Finance Minister Nirmala Sitharaman has assured that she will ensure banks pass on the rate cut benefits to consumers, so the interest burden on them ...
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The Supreme Court disapproved of Franklin Templeton’s April 23 announcement to wind up six debt funds, which spooked lakhs of investors, but the ...
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Large quick service restaurants such as Pizza Hut, McDonald’s and KFC said their delivery sales have either reached pre-Covid volumes or witness ...
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India is considering multiple, comprehensive measures to curtail the country’s economic reliance on China, targeting trade, investment and project ser ...
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Mortgage, considered the safest segment of lending in India, is showing signs of cracks as the delinquencies at India Mortgage Guarantee Corporation ( ...
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The government unveiled a Rs 50,000 crore plan to provide jobs to returning migrants spread across 116 districts in six states, a move aimed at ...
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IBM is planning to discontinue lease agreements at nearly half of its offices in major cities across the country, people familiar with the development ...
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Saudi Arabia’s Public Investment Fund (PIF) will put Rs 11,367 crore in Jio Platforms, marking its largest investment in India. The infusion will give ...
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A week after being slammed by the Supreme Court for “unreasonably” seeking over Rs 4 lakh crore from various PSUs on the basis of its verdict on adjus ...
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When it comes to advance tax payments, pharma has emerged as one of the outliers with the sector showing a higher payout this quarter, while real esta ...
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Wheels are moving again for India’s auto industry , the top three car makers are seeing bookings and enquiries rise to 85% of pre-Covid levels. This r ...
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Reliance Jio, Bharti Airtel and Vodafone Idea, have rejected the regulator’s proposals to introduce a tariff calculator tool to convey the unit cost o ...
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Depositors are seeking protection from the Reserve Bank of India (RBI) against any attempts to stop paying interest on deposits by banks. In a letter ...
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The government has fast-tracked the proposed National Employment Policy (NEP), which aims at formalisation of the country’s 500 million workforce incl ...
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There has been no palpable impact on sales of Chinese smartphone and electronics brands in the Indian market despite the border tension flaring up and ...
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In move that signals the end of the row over new rental agreements between mall owners and retailers due to Covid-19, nearlyall malls across India&nbs ...
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As economic activities pick up across the country, restaurants are now pressing online food delivery platforms like Swiggy and Zomato to change commis ...
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The Reserve Bank of India has proposed tougher rules for housing finance companies (HFC), including lending and investment curbs in group entities to ...
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Aggrieved NCR homebuyers won’t have to visit the Real Estate Regulatory Authority(RERA) office after the state authorities decided to continue v ...
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Nearly 50 per cent of micro, small and medium enterprises (MSMEs) have witnessed a 20-50 per cent impact on their earnings due to the disruptions caus ...
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With lockdown curbs easing and migrant labour in short supply, companies across sectors, from hazmat suits maker Wildrcraft to ecommerce players Flipk ...
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The National Highways Authority of India (NHAI) will go ahead with a plan to raise Rs 50,000 crore through a special purpose vehicle (SPV) with the Na ...
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Indian companies are fleeing small banks and moving towards larger lenders as slower economic growth, build up in nonperforming assets, liquidity issu ...
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Even as India and China are involved in a confrontation at the border, China’s Great Wall Motors (GWM) on signed a memorandum of understanding (MoU) w ...
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In the ongoing moratorium case, bank have told the regulator and the government that they do not agree with the proposal to waive interest during the ...
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The Tata Group has initiated a large-scale cost-cutting exercise across the holding company, Tata Sons, and operating firms as part of an effort to en ...
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The pace of contraction of India's exports slowed in May as relaxations in the lockdown to contain the Covid-19 pandemic led to some pick up in econom ...
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India's wholesale prices fell 3.21% in May, the most since November 2015 and the first instance of deflation since June 2016, as the country remained ...
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Amid growing clamour for speedy launch of Remdesivir, the experimental Covid-19 drug, India’s drug regulator says it is awaiting “crucial data” ...
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Cement roofing companies are set to benefit as the demand for roofing solutions is picking up in rural areas on higher cash availability from governme ...
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The board of Indian Commodity Exchange (ICEX), in consultation with Sebi, has appointed a forensic auditor to probe the alleged misuse of a market-mak ...
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The 5% contraction in the Indian economy wrought by the Covid-19 pandemic will significantly hurt micro, small and medium enterprises (MSMEs) across s ...
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The Supreme Court slammed the Federation of Automobile Dealers’ Association (FADA) for violating its order by selling and registering more BS4 automob ...
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Buoyed by the strong response to its rights issue, the partly paid-up shares of Reliance Industries will likely be listed at around Rs 650 apiece , a ...
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The Securities and Exchange Board of India’s (Sebi’s) plan to replace existing concept of promoters with controlling shareholders is facing stiff oppo ...
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Once the global oil market emerges from the coronavirus crisis, it may be greeted by a surprising change: greater dependence on crude from OPEC.For th ...
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India will not invoke a legal provision that empowers the government to penalise companies refusing to submit data for key statistics such as the Inde ...
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A host of services exporters have claims worth crores pending under a key export incentive scheme, compounding liquidity problems of the sector hit ha ...
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Farmers have planted kharif or summer-sown crops, which account for half of India’s annual food output, on 9.3 million hectares – 13.2% higher than la ...
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Small Indian startups have run out of funds minus a specific government bailout package, two months after their businesses took a hit because of t ...

Impacted by the Covid-induced lockdown, the general insurance industry saw a 9% fall in May premium collection to Rs 11,106 crore, as compared to the ...
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India’s industrial production shrank by a record 55.5 per cent in April from the year earlier with manufacturing crashing 64.3 per cent, which didn’t ...
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The Supreme Court asked the Centre to clarify its position on the waiver of interest during the loan moratorium on loan and other repayments to ...
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American technology firms such as Google and Apple are likely to bear the brunt of a potential ban on H-1B work permits by the Trump administration gi ...
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India needs to re-evaluate the existing know your customer (KYC) norms to make it more simple and cost effective as we strive to become a role model f ...
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The country’s forex reserves rose by $8.2 billion during the week ended June 5 to cross the half-a-trillion-dollar mark for the first time. Fore ...
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