India's low score on GVC a starting point for recovery from pandemic: AIIB

India rated 7.4 percentage points below the average global value chain participation rate for emerging economies

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Jhunjhunwala-backed Metro Brands eyes pre-Covid margins as sales normalise

The footwear retailer has seen demand pick up across categories post the second wave of the pandemic

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American Airlines names Robert Isom to replace retiring CEO Doug Parker

Isom, 58, has been the heir apparent since he was appointed president in mid-2016 and his selection signals that a steady hand is intended for the airline's first leadership transition in eight years

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'Domestic air traffic crosses 10 mn in Nov; Omicron can derail recovery'

Demand continues to be subdued from the corporate traveller segment, says ICRA vice-president

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Balancing acts

Indo-Russian summit yielded more signalling than substantive gain

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India's labour market distress

Implications for growth story will be severe

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South Africa fuels Omicron hope by dodging hospitalisation spike

Citing hospitalisation figures from South Africa, Anthony Fauci, US President Joe Biden's chief medical adviser, said: "Thus far, it doesn't look like there's a great degree of severity to it."

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Exchange date of American Depositary Shares extended till Jan 10: Vedanta

Holders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.

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Myanmar's junta chief halves Aung San Suu Kyi's jail term to two years

Aung San Suu Kyi, earlier, was sentenced to two years for incitement against the military and another two for breaching Covid curbs

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Covid pandemic: No decision on booster shot, vaccination for children yet

NTAGI's meeting took place with core members in the backdrop of Omicron fears gripping India and the world

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China's central bank frees up $188 billion as Evergrande default fears rise

The People's Bank of China (PBOC) said it would cut the amount of cash that banks must hold in reserve

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Employment data disappoints in November

According to World Bank's modelled ILO estimates, only 17 countries are worse than India on LPR

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Chinese developer Sunshine 100 defaults on $170 million of bonds

The firm has struggled to meet debt obligations this year as authorities cracked down on excessive leverage in the property industry

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Don't take coercive action under new IT Rules: Madras HC tells Centre

The Madras High Court on Monday restrained the Central government from taking any coercive action against digital media firms under the new cal codes made to the parent Information Technology Act.

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Transform religions in atheist CCP image: Chinese President Xi Jinping

Xi has been calling for "sinicisation" of religions, re-orienting them to function under the guidance of the Chinese Communist Party (CCP)

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Food processing ministry okays 60 applications under PLI scheme

In March this year, the Union Cabinet approved a PLI scheme for the food processing sector

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A new era in public procurement

The phenomenon of "irrational bidding" exists where the Indian private sector has not distinguished itself in the past

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Alibaba Group overhauls e-commerce business amid onslaught of woes

It's creating two digital commerce teams, each for international and domestic markets

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At $4.5 billion, investment in SaaS companies grows 170% in 2021

India now has 13 SaaS unicorns and between 7 and 9 companies with $100 mn+ annual recurring revenue (ARR)

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Reflections of a rookie private market investor

Committing capital to younger companies is full of promise, but there are a few factors investors need to watch out for

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Take a decision fast

Vaccination programme needs to be reviewed

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Income distinction

Investment income should not be treated differently

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FMCG not safe-haven bets for investors, analysts see more underperformance

The FMCG index had outperformed the broader market in previous corrections like in 2011, 2015, and 2018

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FPIs dump $2.1 bn worth bank shares in Nov, pump $2.7 bn into FMCG stocks

The inflows into the realty sector too could have been subdued if not for Godrej Properties' inclusion in the MSCI index

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IIT Kanpur records 150% surge in international campus placements

Out of 773 students placed so far, 55 per cent are graduates and 45 per cent are undergraduates

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SEC probes Tesla over whistleblower claims on solar panel defects

The probe raises regulatory pressure on the world's most valuable automaker, which already faces a federal safety probe into accidents involving its driver assistant systems

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Russia may invade Ukraine in early '22; United States raises alarm

The intelligence finding estimates that the Russians are planning to deploy an estimated 175,000 troops and almost half of them are already deployed along various points near Ukraine's border

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The demolition of pluralism

What Mr Mukhopadhyay wants to achieve with this book is perhaps to ask ourselves what idea of India we carry in our hearts

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Neo-socialism: State's expanding tech biz

In a country where many state initiatives have been marred by glitches, delays, and corruption, RuPay and the UPI are revolutionary achievements

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The next big tech revolution

Blockchain's promise: Dramatically speeding up transactions

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WTO negotiations on services regulations conclude

Many service providers complained that the processes for applying and obtaining the licenses are not clear in many countries

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Modernise data system

Economic data must be released during market hours

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US displaying greater caution in power projection since 2008: Jaishankar

Jaishankar said America was adjusting to multipolarity and rebalancing and re-examining the balance between its domestic revival and commitments abroad.

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Stay the course

RBI should not stop the normalisation process

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Saudi Arabia raises oil prices for buyers in Asia, United States

The move signals that the world's biggest crude exporter still sees strong demand in its two main markets

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E-Shram doesn't offer clarity on social security benefits, say experts

Mandatory Aadhaar-based mobile linkage is proving a hurdle for registration of many workers

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Poverty ratio 32.75% in rural areas against 8.81% in urban: NITI report

The report surveyed 175,946 households in urban areas and 425,563 households in rural parts

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'China firms actively working with regulators for US listing'

Forcing US-listed Chinese firms to delist isn't responsible policy option: Securities watchdog

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US makes negative test binding on flyers; Omicron now in 38 nations

The Omicron variant continues to spread in the US, with three more cases reported in New York City and one each in Massachusetts, Wisconsin and Connecticut on Saturday

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At Mumbai airport, ED stops actor Jacqueline Fernandez from flying abroad

The 36-year-old actor was stopped by the immigration authorities at the Mumbai airport on the basis of a Look Out Circular (LoC) issued by the federal probe agency

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Builders' body moves Supreme Court against construction ban in Delhi-NCR

A builders' body has moved the Supreme Court seeking to vacate its order by which it had re-imposed the ban on construction activities in Delhi and the National Capital Region (NCR).

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Not in favour of cut-off based admission system: DU Vice Chancellor

Talking about his personal view on the continuation of the cut-off (merit-based) system, Singh said he is "not for it".

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'The Account Aggregator framework is a game-changer'

By sharing information digitally and securely through the AA framework, lenders get a host of data points like bill payments and investments to assess creditworthines

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Monetary policy: Status quo on rates and stance likely

The economy is recovering fast but nobody knows yet how serious the Omicron threat is. The RBI can afford to err on the side of caution and hold on to rates for now

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Get policy terms changed during free look-in period

The commission observed that the cheque was remitted in accordance with the terms of the policy, and it was not possible to hold the company liable

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Airports to report Rs 3,200 cr of operating profits in FY22

As per rating firm, ICRA, due to Covid-19 pandemic, the ongoing capacity expansion plans at the major airports are expected to be delayed by 12 to 18 month.

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AstraZeneca blocks Advent's $7.6-bn buyout of Swedish Orphan Biovitrum

The UK drugmaker's opposition meant the offer fell short of the 90 per cent threshold needed for approval

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No currency manipulator tag from United States but China under lens

The US Treasury Department cited China for a number of failures that prevent trading partners from gaining full knowledge of how it manages its currency

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Young buyers leading charge in buying pre-used cars sales: Report

The study highlights the most-compelling consumer trends and statistics with respect to the Indian used car industry

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Waning demand for Apple's iPhone 13s points to consumer caution

Consumer caution leaves economies facing the new virus threat with less support from goods spending

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SC asks Centre, NCR states to implement panel's order to curb air pollution

It took note of measures taken by the Commission and asked the Centre, Delhi, and states in the NCR to follow the directions

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Confusing signals for OMCs with crude supply-demand equation set to change

Lower oil prices can improve margins, but they could impact inventory value while a third Covid wave can potentially hurt growth

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Taliban chief bans forced marriage of women in Afghanistan

The move was announced by the reclusive Taliban chief, Hibatullah Akhunzada

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Third round of India-UAE free-trade pact talks in Delhi from Dec 6-10

Under a free-trade agreement, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them

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MeitY releases strategy on blockchain for its adoption in govt systems

The ministry has adopted a multi-institutional approach for the national blockchain framework

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Deep depression intensifies into Cyclone Jawad, to make landfall on Sunday

Very heavy rainfall is likely to start in north coastal Andhra Pradesh and south coastal Odisha by Friday evening

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Urban FMCG sales down 6.3%, rural sales increase 17.9% in November

Overall FMCG sales in November increased by 10.2 per cent year-on-year

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Govt seeks Parliament's approval to spend Rs 3.74 trillion more

The government needs Rs 49,805.25 for food storage schemes and warehousing

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United States sues to block Nvidia's proposed $40-bn takeover of Arm

The Federal Trade Commission said in a statement that the acquisition would deliver Nvidia vast sway over the market by giving it control over chip designs

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Disclose more information or delist, SEC diktat for Chinese companies

Didi set to leave New York, make HK debut

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Splintered light

The novel tells of the white South African Swart family that owns a farm on the edges of Pretoria, a rambling place of haphazard design

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The wrong regulator for fintech

There has to be accountability for the central bank's errors in the past

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Reinfection threat rises 3 times with Covid-19 Omicron variant: Study

Variant sharply increased global economic uncertainty, says IMF

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A leap forward for fusion power

Scientists have been trying to tweak these designs since the 1960s to find ways to put less energy into triggering fusion, or to extract more energy

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Setback for PepsiCo as India revokes patent for Lay's potatoes

Withdrawing the lawsuits the same year, the New York-based company said it wanted to settle the issue amicably

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Tech Mahindra pays $62 mn cash to buy WFH solutions firm Activus Connect

The acquisition will bolster Tech Mahindra's capabilities in emerging workplace solutions and strengthen the end-to-end CX portfolio, Tech Mahindra said in a statement

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Bank credit grows 7% by mid-November, shows RBI data

The outstanding credit of commercial banks stood at Rs 111.62 trillion, up from Rs 10.4.34 trillion a year ago

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Forex cartel: EU antitrust regulators fine Barclays, HSBC, Credit Suisse

The latest investigation focused on foreign exchange (forex) spot trading of G10 currencies

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Nizamuddin Basti project wins two UNESCO heritage awards

Nine projects from six countries Bangladesh, China, India, Japan, Malaysia, and Thailand have been honoured by a jury of heritage experts

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Supreme Court upholds arbitral award in favour of Anil Ambani firm

A Bench of Justices L Nageswara Rao and S Ravindra Bhat said no case for review is made out

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Indian companies were progressive during Covid-19 pandemic: Study

97 per cent of them having an active short-term incentive plan for in-year performance recog­ni­ti­on

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Wisdom through maxims

Mr Levy defines these maxims as "one-sentence nuggets of wisdom meant to immortalise an important idea"

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The myth of being your own boss

The aura around the heroes of the start-up world has added to the lure of entrepreneurship

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Women's Tennis Association suspends all women's tennis tournaments in China

In response, China said it "opposes the politicisation of sports"

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Dhanlaxmi Bank Part-Time Chairman G Subramonia Iyer submits his resignation

His resignation is to be effective from December 31, 2021

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Newer IITs too see record placements with pay rises, offers from top firms

Average salary at IIT Mandi up 13%, Uber offers highest package of Rs 2 cr at IIT (BHU) Varanasi, while Roorkee bagged highest international CTC of Rs 2.15 cr in first session

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Adding economy to defence

Make in India for defence equipment is languishing in the absence of large orders that can make local production viable

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Suspended animation

All MPs must observe parliamentary etiquette

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The vital third tier

Local governments must be strengthened

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Assessing the case for a legal MSP

Greater clarity on its precise connotation could help resolve the continuing standoff between the government and farmers

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Brain issues seen in 1% of hospitalised Covid patients, say researchers

The most common finding was stroke due to clogged arteries, but the researchers also saw bleeding in the brain, inflammation of the brain, and other potentially fatal complications

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Ramcharan: The little-known entity that got $4.14-bn funding in RE space

US-based fund TFCC Intl picks up 46% stake in the firm at $9 bn valuation; firm plans to use some if the funds in two plants in Tamil Nadu and Gujarat, and set up EV charging infra in various cities

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India hits target of 40% power generation capacity from non-fossil sources

The country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW

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RBI moves NCLT Mumbai for bankruptcy proceedings against Reliance Capital

In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT

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Carmakers brace for a fresh round of price hikes from January 2022

Though an annual affair, chip crunch this time around is steering the price wheel

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Star Health's IPO scrapes through as investment bankers prune OFS component

The Rs 7,240-cr issue received just 79% subscription before I-bankers stepped in

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Rajasthan govt signs 125 MoUs for Rs 69,000-crore projects

The Rajasthan government has signed multiple memorandum of understandings (MoUs) attracting proposed investments worth around Rs 69,000 crore, Rajasthan Industries Minister Shakuntala Rawat said on Wednesday.

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OECD cuts global GDP forecast amid Covid-19 variant concerns

Global growth is set to hit 5.6% this year before moderating to 4.5% in 2022 and 3.2% in 2023, the Organisation for Economic Cooperation and Development said

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India's November rainfall highest for a month in five years, says IMD

It recorded 11 extremely heavy rainfall (more than 204.5 mm) events in the month, equalling the number reported last year.

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Commercial LPG cylinders hiked by Rs 100; will cost Rs 2,101

The Centre continues to subsidise freight for domestic LPG deliveries in far-flung areas

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US weighs travel curbs as new Omicron variant hits 23 countries

The US move to strengthen the testing regime reflects growing concern about the Omicron variant

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LIC provisions up, NPAs down ahead of listing: FY21 annual report

LIC's revenue or total income growth in FY21 was the best in five years

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Reliance Power defaults on interest payment to IDBI and DBS banks

Total outstanding borrowings from banks/financial institutions are Rs 1,194 crore

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Raymond's board approves JK Files & Engineering's Rs 800-crore IPO

Diversified group Raymond Ltd on Wednesday said its board has approved the listing of its subsidiary JK Files & Engineering Ltd (JKFEL), a company that is in the business of auto parts. The initial public offering (IPO) will also comprise an offer-for-sale (OFS) of Rs 800 crore, said the country's leading fabric and apparel manufacturer Raymond in a statement. Moreover, the IPO will not have any fresh issuance of shares and will be undertaken subject to requisite regulatory approvals and market conditions, it added. "We hereby inform that the board of directors of JKFEL, a wholly-owned material subsidiary of Raymond Ltd at its meeting held on November 30, 2021, approved an IPO comprising of an OFS for Rs 800 crore, subject to such variation as permitted under applicable law," it said. It further said that in this regard, the company's board of directors, at its meeting held on Wednesday, approved the OFS for Rs 800 crore, subject to such variation as permitted under applicable law

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6 passengers from 'at-risk' countries test Covid positive: Govt

The health ministry said that this was an evolving situation and the government was keeping track

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Govt, Opposition refuse to budge as barred MPs continue stir

Impasse between Oppn, government over suspension of 12 MPs from RS continues as neither side concedes any space

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Powers of Sigint and Comint

The book has 15 chapters, subdivided into multiple sub-sections

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GST rates and manufacturing growth

The capital goods component is especially important now in view of the mandated guidelines for installation of pollution control equipment

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Birla Estates to invest Rs 5,500 cr to build luxury housing project: CEO

The company plans to develop 2.5 million square feet of housing, one million square feet of office buildings and 1,00,000 square feet of high street retail

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US fund TFCC to buy 46% stake in Chennai's Ramcharan for $4 billion

According to the company's official website, Ramcharan's registered office is at Dover City in Kent County

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Growth spending

Govt must push capital expenditure

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Swiggy valued at $10.5 billion in $700-million Invesco-led round

Valuation has doubled since it was valued at $5.5 billion in April

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The succession question

Management trusts have their drawbacks

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4G, 5G or 6G, all need wireless backhaul

A rose is a rose - or is there one that is sweeter?

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Unfazed collectors drive strong sales on Art Basel Miami's first day

New York dealer, Marianne Boesky, sold multiple pieces in her booth, including a resin-on-wood piece by Donald Moffett for $160,000

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At Rs 2.15 crore, IIT Roorkee bags highest international salary

IIT Roorkee scored with highest domestic offers for three students: ranging from Rs 1.30 cr to Rs 1.80 cr, with 11 students getting a Rs 1 cr-plus salary package

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UK competition watchdog asks Meta to sell GIF maker Giphy

The Competition and Markets Authority (CMA) said it had found that last year's acquisition of Giphy would reduce competition between social media platforms and in display advertising

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Airlines bosses worry about impact of Omicron Covid-19 variant

The impact of travel restrictions was evident in financial results published on Tuesday by easyJet and Scandinavian operator SAS

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GDP report card: Agriculture sees 4.5% growth in second quarter

In 2020-21, pulses production went down by 6.65 per cent between the first and fourth advance estimates

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New Covid variant: WHO's Tedros warns against over-reaction to Omicron

First reported in southern Africa a week ago, the variant has brought global alarm

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Omicron, found in Europe before S Africa, jolts markets on vax fears

Dutch authorities said the variant had been detected in the Netherlands as early as November 19

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Inside the viral world

It may be the case that no one knows whether a vaccine will work or not, but it is definitely a conscious choice on the part of the author and the editor to make sexist and offensive statements

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A sea of problems

Before the era of industrialisation, the oceans actually released more carbon into the atmosphere than they took in

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The case for a new constitutional order

There is a serious imbalance of power between various organs of the state, and this needs correction

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December expected to be yet another busy month for IPOs

As many as 16 issues cumulatively worth over Rs 22,000 crore are expected to hit the market during the month.

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Supporting farmers

Govt should find ways to extend income support

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Two years lost

Private consumption continues to remain weak

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November show worst for Sensex and Nifty indices since March 2020

Volatility continued on Tuesday as indices swing 1,300 pts to end 0.4% lower

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Eight core sectors' output grows to 7.5% in October: Govt data

The core sector grew 6.9 per cent, compared with the pre-Covid month of October 2019

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Seven firms, including JSW Steel, submit bids for coal blocks

JSW Steel and Adhunik Power & Natural Resources are among seven companies that have submitted bids for four coal blocks put up for sale under "second attempt" of auction process for 11 mines for commercial mining. These coal mines were also offered in the first attempt launched on March 25 this year and had fetched single bids. "A total of 7 companies have submitted their bids in the auction process," the coal ministry said in a statement. The seven firms are Auro Coal Pvt Ltd, JSW Steel, MP Natural Resources Pvt Ltd, Adhunik Power & Natural Resources, Assam Mineral Development Corp Ltd, Virtuous Mining Ltd and Twenty First Century Mining Pvt Ltd. Total seven bids were received by the ministry for four coal blocks namely Beheraband North Extn, GondbaheraUjheni East, Lalgarh (North) and Tokisud Block II. "A total of 7 bids have been received for 4 coal mines," the ministry said. The online bids were decrypted and opened electronically in the presence of the bidders, it ...

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Festive season retail demand, MSME drive bank loan growth in October

Credit offtake in services remains weak

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RBI probe found liabilities swelling, but capital eroding rapidly at RCap

The RBI had kept the firm in constant watch as part of its informal asset quality review, and carried out regular inspections

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Brokerages give thumbs up to Rakesh Jhunjhunwala-backed Star Health's IPO

Say it stands to benefit as market leader in health space, but risk of fresh Covid wave may weigh on profitability

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IT, Pharma may not provide the usual hedge if rupee weakens

There are concerns over margin and growth, which may weigh on sentiment

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Centre-Opposition relations on the boil; won't apologise, say errant MPs

While government-Opposition relations are unlikely to see a patch-up, a working solution might be thrashed out.

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TRAI begins consultation on 5G auction, seeks views on private networks

Consultation paper dwells on issues related to spectrum pricing, valuation methodologies, service roll out, cap on holding and upfront payment and moratorium terms for future auctions

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World's biggest junket operator Alvin Chau held, Macau casino stocks sink

The detention Chau marks the first time such a high-profile figure in the gaming industry has been targeted

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Amazon infuses fresh capital of Rs 650 cr in Amazon Wholesale (India)

US-based ecommerce giant Amazon has infused fresh capital to the tune of Rs 650 crore into one of its India units, Amazon Wholesale (India), according to regulatory documents. Amazon Corporate Holdings Private Limited and Amazon.com.incs Limited have made the Rs 650 crore investment in the wholesale B2B arm of Amazon India, documents filed with the corporate affairs ministry and shared by market intelligence firm Tofler showed. The date of allotment was October 26, 2021, it added. Amazon India did not respond to emailed queries. According to the documents, a significant share of the funds (over Rs 649.94 crore) came from Amazon Corporate Holdings Pvt Ltd. The fresh funds will provide more arsenal to Amazon in India to bolster its wholesale B2B business in India. Amazon has been aggressively investing across various business units in India. These investments have been deployed towards expanding infrastructure and adding solutions to enhance consumer and seller experience. In Oct

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Shapoorji Pallonji's Joyville to invest Rs 300 cr to build 750 apartments

On operational performance, Mahadevan said the company has clocked a nearly three-fold jump in its sales booking at Rs 450 crore during the first half of this fiscal year.

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Covid-19 pandemic: WHO hits panic button as Omicron reaches 13 nations

The omicron variant, first sequenced in South Africa, has been identified in at least 12 other countries

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A forgotten army

A Foreword by Yasmin Khan, author of the excellent The Raj at War, notes that this book is in the "vanguard of shaping new histories of the Second World War"

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Bharat Biotech resumes Covaxin export with 'long-pending orders' in Nov

The Centre allowed commercial exports of Covaxin last week

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The tale of two airlines

The pandemic may have willy-nilly created an opportunity to correct the anomalies of the past

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Crypto-assets: To ban or not to ban?

Financial regulation is about striking the right balance between enabling innovation and ensuring customer protection

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Hindujas top rich British Asians' list, wealth rises £2.5 billion

No Covid-induced gloom as British-Asian businesses record over 20% rise in combined wealth in 2021

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Hope for Hindalco, Nalco investors as aluminium demand may outstrip supply

Though volatile, most analysts don't expect prices to decline further

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Reducing poverty

Real test of success lies in sustainability

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Perverse incentives

Genomic surveillance vital for global public health

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Vibrant Gujarat Global Summit: 12 MoUs worth over Rs 14,000 crore signed

With proposed employment generation of over 28,000 in the state, the MoUs were led by Mitsu Private Ltd for Rs 5,000 crore

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Parliament takes 12 mins to repeal farm laws; Tomar hails PM's generosity

The farmers leading the protest, however, said they would keep up the pressure on their other demands, including a legal guarantee for the Minimum Support Price (MSP) for agri-commodities

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Most households paying 50% more for tomatoes, shows survey

The average retail price paid by most households increased by 25 per cent in two months and 50 per cent in a year

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Twitter CTO Parag Agrawal, an IIT Bombay alumnus, replaces Dorsey as CEO

In a letter posted on his Twitter account, Dorsey said he was 'really sad...yet really happy' about leaving the company and that it was his decision

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CAG pulls up govt for erroneous process of IGST devolution to states

The Integrated Goods and Services Tax (IGST) is shared between the Centre and states in the 50:50 ratio

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Fitch affirms ICICI Bank's issuer default rating at 'BB+'; outlook negative

The rating agency assigned ICICI Bank a Government Support Rating (GSR) of 'bb+' as well

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E-two wheeler boom: Existing ones ramp up, more starts-ups get set to enter

Most manufacturers have seen the demand far outstrip the supplies prompting them to undertake expansion sooner than they had planned

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SC gives two more weeks to CCI to decide complaint on Amazon-Future deal

Three-judge bench gives direction in Amazon's SLP against Delhi High Court order directing CCI to take a decision on show cause notice issued by it to Amazon in 10 days

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Make it safe or we'll make you do it: Australian PM tells Twitter, Meta

If the social media platforms fail to do so, they will have to pay defamation costs

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Constructive dissonance essential for better neeti

Aberrant judgements occur often in institutions where constructive dissonance is absent

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China faces 'colossal outbreak' on US-style reopening, says study

A switch from China's current Covid elimination strategy to an American-style approach with few restrictions would lead to as many as 637,155 infections a day

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How to regulate cryptocurrencies

A systematic approach to designing the correct regulatory strategy

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US readies fight against Omicron but too soon for lockdowns: Fauci

He said the new variant is in "fluid motion" in South Africa and the US scientists are in communication with their colleagues

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Omicron's threat

New variant should shake up Indian vaccine complacency

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New vax for Omicron by early 2022, says Moderna as countries report cases

Two cases were detected in Australia, while Netherlands reported 13 cases of the new strain in passengers from South Africa

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Stable banking

Mixing financial and industrial power should be avoided

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Art world sees demand for sculptures firming up

Public monuments, private collections pique collector interest

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With Farm Laws Repeal Bill & crypto on agenda, winter session begins today

There are 10 economic Bills that are slated for the upcoming session

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Story in numbers: Riot cases in UP fell faster than national average

A total of 657,000 crimes were committed in the state in 2020.

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Three capitals of Andhra Pradesh: The plan on pause, not scrapped

All began with the division of Andhra Pradesh and Hyderabad becoming the capital of Telangana

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M-cap of nine of top 10 most valued firms erodes by over Rs 2.6 trillion

The valuation of Infosys took a hit of Rs 37,950.03 crore to reach Rs 7.11 trillion and that of HDFC plummeted by Rs 33,067.68 crore to Rs 4.96 trillion

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India slips to seventh place on world m-cap ranking, shows data

The benchmark Sensex is currently down 7.54 points, or 4,658 points from its record high of 61,766 on October 18

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Street signs: New demat accounts rise, F&O stock list swells, and more

Market watchers say it will be interesting to see if the pace of addition continues if the market continues to remain volatile

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Brokerages are betting on pharma stocks with India focus: Analysts

While domestic growth is pegged at double digits, recovery in the US may take a couple of quarters

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Holiday season returns: India to witness travel surge, says report

The survey was conducted between 15 and 21 October 2021

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Mass transport, automated for people

Cities and urban local bodies across the world are looking for efficient mass transit systems that can run constantly with minimum human intervention

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The Petrov moment in a client's life

A sketch by Carl Richards illustrates that the advisor stands between the client and her big mistake

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An open letter to PM Modi

Dear Prime Minister, your government has brought in transparency in the appointment process of CEOs; capitalised the banks; cleaned their books; and consolidated a few of them to create scale

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FM Sitharaman bats for expanding tax net, ramping up collections

Revenue secy says I-T portal working fine, 300,000 returns being filed daily

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RBI stance signals easier framework for setting up banks, say experts

The RBI is yet to clearly spell out its position on conversion of non-banking finance companies into banks

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A road to nowhere?

This well-researched book on the Sino-Indian boundary dispute nevertheless makes some debatable contentions about the past and future of this conflict

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France cancels talks with UK as migrant row tests fragile ties

Macron told Britain on Friday it needed to "get serious"

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Amazon's Black Friday greeted by climate activists, strikes in Europe

Amazon is facing criticism from climate activists who say excessive consumption harms the environment

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Staying the course: Meet Gurpratap S Boparai, MD, Skoda Auto VW India

As he steers his company through a tricky market and works for road safety, Boparai shares his life's journey with Pavan Lall

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Tesla decides against state aid for German plant as Musk opposes subsidies

Withdraws plea for state aid in Germany

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Paytm wild ride continues as stock sinks again ahead of earnings

Paytm said its gross merchandise value climbed 131% on-year to 832 billion rupees in October in the critical period ahead of the Diwali holiday

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China steps up pressure on tech with draft online advertising rules

The proposed rules call on platform operators to establish a system for registering and reviewing advertisers and adverts

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China presses Didi Global to delist from US over data security fears

Cyberspace Administration of China (CAC) has asked the management to take the company off the US bourse

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Is Indian advertising ready for metaverse?

Every brand and company in India too will soon need a metaverse strategy

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Oil prices hit 2-month low over new Covid-19 variant; cryptocurrencies tank

Oil fell with global equities markets on fears the variant could dampen economic growth

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Moderate valuation, high dividends should provide floor to Coal India stock

Global slowdown leading to lower prices, fall in e-auction volumes and higher-than-expected wages are downside risks

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Offtake in Metropolitan region lifts credit growth in H1FY22: RBI

YoY credit growth of the Metropolitan region, which accounts for over 60% of bank credit, rose from 1.7% this March to 4.6% in September

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Russian President to visit India on Dec 6 for annual summit with PM Modi

The Modi-Putin summit is expected to produce specific outcomes in further expanding ties in areas of defence, trade and energy

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Children of the earth

Conceptualised by Avid Learning, and published by HarperCollins India, this book is based on Priya Thuvassery's 53-minute film Coral Woman (2019)

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New Covid variant triggers alert: World prepares to go into shell, again

UK, EU apply travel restrictions ; don't be hasty, says WHO

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Tanwar in Trinamool. But why?

Mr Tanwar and the TMC's entry in Haryana politics might make a dent in the non-Jat coalition

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Biden's wise Fed choice

By choosing continuity, Mr Biden accomplished several things at once

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Kumar Mangalam Birla predicts 'Decade of Capex Mahotsav' for India

Hails a few unicorns in start-up space but says he see 'bubbles in some places'; rues loss of Hindustan Zinc

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6% rally in Reliance Industries stock powers gains for Sensex and Nifty

Shares of Reliance Industries Limited were in heavy demand on Thursday as it jumped over 6 per cent, helping market benchmarks close with huge gains. The market heavyweight stock jumped 6.10 per cent to close at Rs 2,494.40 on BSE. During the day, it zoomed 6.46 per cent to Rs 2,502.80. On NSE, it gained 6.36 per cent to close at Rs 2,501. It was the biggest gainer on both the benchmark indices. In volume terms, 4.77 lakh shares were traded on BSE and over 1.95 crore on NSE. The BSE 30-share benchmark index jumped 454.10 points or 0.78 per cent to close at 58,795.09, helped by rally in Reliance Industries shares.

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Reliance Industries recasts Jamnagar unit to grow in hydrogen space

The refinery off-gases produced from this project earlier served as fuel

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Zydus Cadila likely to launch Covid-19 vaccine ZyCoV-D next month

Meanwhile, Zydus is working with a Korean partner to commercialise ZyCoV-D in South Korea in 2022

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Sputnik Light Covid-19 vaccine to be launched in India by December

Russian Direct Investment Fund has Serum Institute as its production partner in India

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A robot didn't write this review

The book has a remarkable chapter on current technology platforms and how they influence our lives today and will do so in the future

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Noida International Airport: Uttar Pradesh's crown jewel set to take off

Zurich Airport is investing Rs 5,700 cr in Phase I. It has tied up Rs 3,725 crore in debt from State Bank of India

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The grim calculus behind Afghan tragedy

As winter approaches, the suffering of the people of Afghanistan will worsen

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Don't have illusions over Taiwan, China's Defence Ministry tells US

China says the issue of Taiwan is the most sensitive in its ties with the US

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Return of Mao-era coal coupons show China's crisis isn't over

The coupons are coming after a shortage of the fuel drove up prices and led to widespread power curbs last month

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EU proposes 9-month limit on vaccine validity for travel January 10 onwards

The European Commission is proposing that member states should continue welcoming all travelers inoculated with shots approved by the bloc

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Economic heft and foreign policy posturing

India's foreign policy options are circumscribed by its relatively inadequate economic size and technological capabilities

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New Covid variant in S Africa has 10 mutations; 8 more than Delta

Scientists said that the new variant has at least 10 mutations, compared to two for Delta or three for Beta.

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Govt to unveil extensive economic data related to health on Monday

NFHS-5 also reveals that birth registration of children under 5 has increased from 79.7 to 89 per cent.

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Samsung heirs commit $13-billion shares to buy time for tax bill

Most of the Samsung stock is parked with a court as collateral for the inheritance tax levy of more than 12 trillion won ($10.1 billion)

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Not-so-young future as India's fertility rate dips, shows data

Infant mortality and under-five mortality has reduced from 40.7 to 35.2 and 49.7 to 41.9

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Time for caution

Higher valuations will not support a sustained rally

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Opec weighs policy shift after US-led crude release pledge

Saudi Arabia, Russia consider pausing planned output hikes

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India now has more women than men but sex ratio at birth still low

NFHS 2019-2021 indicates that India has made significant strides in the last five years - in 2015-16, the sex ratio was just 991

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India's health check

NFHS points to new demographic challenges

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Kurien, the maverick

On his birth centenary, remembering the legacy of the man behind the White Revolution

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Olaf Scholz set to succeed Angela Merkel as German chancellor

Scholz's center-left Social Democrats said they will present their agreement with the Greens and the pro-business Free Democrats on Wednesday

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Economists write to PM seeking higher fund allocation for MGNREGA

The econo­mists who sent this letter included Jean Dreze, Prabhat Pattnaik, Mahendra Dev, Pronab Sen and Himanshu, among others

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SBI, Axis, Canara likely to raise Rs 7,500 crore via AT I bonds before 2022

The country's largest lender, SBI, is looking at raising an additional Rs 4,000 crore, Axis Bank Rs 2,000 crore and Canara Bank Rs 1,500 crore

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PVR expects full recovery in March quarter; slew of movies set to release

The film exhibition major is currently experimenting with gaming and received a good response

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Nasa launches asteroid-deflecting spacecraft on SpaceX Falcon 9 rocket

Move will test technique that one day might avert an apocalyptic collision with Earth

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A long march to impoverishment

The story of the long walk home is the subject of Homebound, a book that addresses the pain and devastation caused by the lockdowns

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What $650 billion can buy

India's stock of external commercial borrowing, for instance, is in excess of $200 billion

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Central Vista: 6 firms submit technical bids to construct Executive Enclave

Six infrastructure firms, including Tata Projects Limited and L&T Limited, have submitted technical bids for the construction of an executive enclave that will house the prime minister's office (PMO), Cabinet secretariat, India House and National Security Council Secretariat, a CPWD official said on Wednesday. The other four firms are Shapoorji Pallonji and Company Limited, NCC Limited, PSP Projects Limited and Ahluwalia Contracts India Limited. The official said the documents submitted by these six construction firms are being checked for their qualification to participate in the financial bids. According to the CPWD's bid document, the project, which is being executed under the Narendra Modi government's ambitious Central Vista redevelopment plan, will be completed within 24 months at an estimated cost of Rs 1,171 crore. The Central Public Works Department (CPWD), which comes under the Union Housing and Urban Affairs Ministry, said the Executive Enclave will come up on the south

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What India doesn't get about free speech

In calling for Vir Das and Kangana Ranaut's arrest, Indians are repeating the blunder of choosing knee-jerk responses over matters of principle

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Reinvigorating Yamuna

Continuing with the existing approach will not help

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UK's nationality Bill puts citizenship of Indian origin Britons at risk

Nationality and Borders Bill absolves a government from the need to give 'notice of decision to deprive a person of citizenship'

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A healthy hike

Telcos should now focus on quality of service

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Acer India, Dixon Tech partner to manufacture 500,000 laptops annually

Taiwanese IT hardware firm Acer has roped in domestic electronic manufacturing services firm Dixon Technologies for making its laptops in India, both companies said in a joint statement on Wednesday. The facility will have a capacity to manufacture up to 5 lakh Acer laptops annually. "Acer India, the leading PC brand, and Dixon Technologies have partnered for the manufacturing of laptops at Dixon's state-of-the-art manufacturing facility situated in Noida," the joint statement said. The manufacturing unit was inaugurated by Ministry of Electronics and Information Technology joint secretary Saurabh Gaur in the presence of Dixon Technologies Executive Chairman Sunil Vachani, Acer India President & Managing Director Harish Kohli, Acer India Chief Business Officer Sudhir Goel. "This will give a strong impetus to India's manufacturing competitiveness and leverage the Production-Linked Incentive (PLI) by the Government of India. The factory will have capacity to produce upto 5,00,000 ...

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Normal international flights by year-end, says Civil Aviation Secretary

Restart of scheduled international commercial passenger flights would increase travel options for passengers and foster lower fares

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Sebi lays down operating norms for silver exchange traded funds

The move will make it convenient for investors to have an exposure to such commodity in a transparent manner

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Sahakar Bharati may seek tweaks in PMC Bank's draft merger scheme

Five-year interest holiday and final settlement at end of 10 years unfair to depositors

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New Wage Rate Index series released; base year revised to 2016 from 1963-65

Ministry of Labour on Wednesday released a new series of Wage Rate Index (WRI) with base year 2016, being compiled and maintained by the Labour Bureau, an attached office of the ministry. The new series of WRI with base 2016=100 will replace the old series with base 1963-65, a labour ministry statement said. The government periodically revises the base year for major economic indicators to reflect the changes in the economy and to capture the wage pattern of workers, it said. Thus, as per the recommendations of International Labour Organization, National Statistical Commission etc, the base year of WRI numbers has been revised from 1963-65 to 2016 by the Labour Bureau to enhance the coverage and to make index more representative. The new series of WRI has increased the scope and coverage in terms of number of industries, sample size, occupations under selected industries, weightage of industries etc. Professor S P Mukherjee and other members of the expert group on Minimum Wages &

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CoinSwitch Kuber CEO says crypto ban unlikely as $6-bn assets held in India

Says regulation could happen in phases. Crypto could first classified as an asset, then taxed, and then brought under an appropriate regulatory authority

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Tighter rules likely for social media firms, may supersede IT laws: Experts

Players stand to lose safe harbour provisions that protect them from third party content; platforms that do not act as intermediaries may be treated as publishers, held accountable for hosted content

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India's crude oil import bill set to breach FY21 tally, say experts

Import bill likely to be a three-year high

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Shimla, Coimbatore, Chandigarh top Niti Aayog's first SDG Urban India Index

The statement said the index highlights the strengths and gaps of ULB-level data, monitoring, and reporting systems

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Pak's central bank chief warns of taper tantrum-style shock to Ems

Reza Baqir urges advanced economies to act to stem rising global inflation

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Bill to ban private cryptocurrencies to come up in Winter Session

The cryptocurrency bill is listed at a time when the level of interest in the subject is very high

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Amazon, Apple slapped $225-mn fine in Italy for alleged collusion

The companies were also ordered to end the restrictions and give resellers access in a "non-discriminatory manner"

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Israel sees Iranian atomic bomb in five years, deal or no deal

Indirect negotiations to revive the 2015 accord are due to resume in Vienna next Monday

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Greaves Electric Mobility launches its largest EV plant in Tamil Nadu

The Chief Minister along with his cabinet colleague Industries Minister Thangam Thennarasu through virtual platform inaugurated the facility located in Ranipet

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Lira falls 15% to historic low as President Erdogan defends rate cut

The currency fell 15 per cent on Tuesday, plunging past 13 per dollar for the first time ever

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YES EGM plea doesn't meet statutory requirement: Dish TV to NCLT

Dish TV has also claimed that it "is unaware of the details of the investigation" and appears from the notice that it relates to an FIR registered in the year 2020

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Bollywood's Muslim stereotypes

Bollywood is an important contributor to the image of Muslims but it is not the only contributor. The Muslims themselves are important, too

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Moody's revises Airtel ratings outlook to 'positive' from 'stable'

It expects around 25 per cent year-on-year rise in consolidated adjusted EBITDA in FY22

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What India should strive for in trade deals

A trade agreement is like a game of chess

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An inflexion point

The repeal of farm laws provides pointers to a new political paradigm in India

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Sustainable agriculture

Technology must be used with traditional knowledge

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Rise in Vedanta stock may be temporary unless commodity prices rebound

Promoter's stake buy positive, but prices of aluminium, copper, steel, natural gas, crude oil, etc are all down in the past month

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Steady leadership

Jerome Powell's second term will be more challenging

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Visa Inc's Amazon blues will shape the digital cash debate

E-commerce and social media giants could use this cash flowing into their tokens to offer credit to merchants, with repayments deducted on every sale at zero collection cost

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GoM to meet on Nov 27 to finalise report on GST rate rationalisation

Sources said the Fitment committee, comprising tax officers from states and the centre, has made many "sweeping" recommendations

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India, US to work on ways to export mangoes, pomegranates to America

The countries are also looking forward to signing a system for the export of pomegranate arils from India to the US

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Interest rate cycle is turning, experts foresee gradual rise in loan costs

10-year bond yield may touch 6.5% soon, guided by orderly evolution motif of RBI

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Singapore Airlines offers up to 50% off on India flights starting Nov 29

Will run daily vaccinated travel lane flights to Chennai, Delhi and Mumbai, with quarantine-free entry to Singapore; Non-VTL services from a few other cities from November 29.

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US President Joe Biden keeps Jerome Powell to lead Fed for second term

The move, announced by the White House on Monday, rewards Powell for helping rescue the US economy from the pandemic

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Bears on prowl: Indices retreat most in 7 months, RIL falls over 4%

Reliance's decline, rollback of farm laws weigh on investor sentiment

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India's Q2 GDP likely to grow 8.1%, says SBI research report

FY22 projection raised to 9.3-9.6% range

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Manufacturing jobs yet to recover

Wages have grown at a faster rate in the non-finance services sector compa­red to manufacturing

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The taxing charter

Mukesh Butani, founder and managing partner at BMR Legal Advocates, needs no introduction in the world of direct tax

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Digital transactions up 52% in festival season, says report

PayU registered a record high of 8 million transactions on a single day on October 3

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Getting the green strategy right

India is now among the countries committed to net-zero emissions by 2070

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Climate justice must drive climate action

Big emitters must reconsider their stated net-zero date and specify a credible action plan

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Navy needs planning

Building warships requires long lead times

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Better co-ordination

US partnership needs a greater understanding of trade-offs

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Farm laws: SC panel member to take call on report after legal consultations

The panel, after studying the three farm laws and consultation with stakeholders, had submitted its report to the apex court on March 19

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Will intensify protest if talks not held urgently, says Rakesh Tikait

Tikait said the Union government was conspiring to divide the farmers on communal and community lines to weaken their unity

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Ahead of Parliament session, govt calls all-party meet on Sunday

The floor leaders of all the political parties from both houses of Parliament have been invited to the meeting

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Govt targets 'left-out' people in fresh Covid-19 vaccination push

Mansukh Mandaviya held a review meeting on vaccination progress with Manipur, Meghalaya, Nagaland and Puducherry on Monday

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DLF rental arm raises Rs 1,000 crore through debentures

The NCDs will be listed on the Wholesale Debt Market of BSE

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With Rs 7,000 cr stuck, over 20k PMC Bank depositors play waiting game

The amount stuck is Rs 7,126 crore, which is 60 per cent of the total Rs 11,800-crore in deposits

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Global bull-run in fossil fuels may be peaking out for now, glut seen ahead

Prospects of lower global economic growth amid fresh Covid wave and reduction in bond buying by US Fed weighing on sentiment

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India, US set to revive Trade Policy Forum after four years

US Trade Representative says priority is to iron out market-access restrictions

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Coal mines auction: Govt devises plans to seek interests of pvt sector

The government has laid down a plan to auction coal blocks which will also be a major boost for increasing the revenue streams for the mine bearing states

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Covid-19 jab exports set to rise; Serum Institute leads the pack

Indonesia to get 5 mn Covovax doses, exports to COVAX to rise to 30 mn by Jan

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BS columnist Tamal Bandopadhyay wins Tata Literature Live! Award

Bandopadhyay won the award for his book Pandemonium: The Great Indian Banking Tragedy

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China downgrades ties with Lithuania over Taiwan office

Lithuania is "walking back on political promises" made in a communique for establishing diplomatic links with China, the Chinese Foreign Ministry said

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El Salvador plans to build world's first Bitcoin City: Nayib Bukele

Also to issue sovereign Bitcoin bonds

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Hopes from India's free trade deals need not be high

Globally, there are over 350 Preferential Trade Agreem­e­n­ts (PTAs) or Free Trade Agre­e­ments (FTAs) or Regional Trade Agreements (RTAs). Most of them are defunct

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USTR Katherine Tai India visit: Trade policy forum, Indo-Pacific on agenda

With the Biden administration now insisting on resolving irritants first, rather than going for a mini deal, the focus on Trade Policy Forum has again emerged.

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Abu Dhabi's ADNOC weighs IPO of logistics and services unit next year

A deal could follow after testing investor appetite and market conditions, sources said

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Saudi stock exchange seeks to raise up to $1 billion via initial offering

The Riyadh-based bourse, on which oil giant Saudi Aramco trades, plans to sell a 30 per cent stake, or 36 million shares

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With new model, Ferrari honours the brand's 1960s race cars

Daytona SP3 debuted Saturday at Mugello Circuit

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Repeal of farm laws: At Singhu border, protesters recall a year gone by

Say won't turn back till farm laws are repealed in Parliament, MSP is guaranteed and cases withdrawn

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China-Taiwan tensions shouldn't concern investors: Cathay Site's Andy Chang

Chang explains why Indian investors should consider investing in the Taiwanese market

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Insurer can't alter loss assessed by surveyor

The National Commission concluded a surveyor's report must be given due importance unless there are valid reasons for disagreeing with it

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Is the worst behind Indian banks?

Bankers are seeing better days ahead with expectations of a pickup in credit growth in the next few quarters as corporate India readies to invest. Let's wait and watch

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Explained: How Sensex rebalancing impacts stocks

The quantum of buying and selling that is required on account of any index rebalancing also needs to be looked at from the prism of daily volumes in the counter

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FPIs heavy buyers in primary market in November, shows data

FPIs have actually offloaded stocks worth over Rs9,000 crore in the secondary market in November

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Why India needs to adopt crypto

A progressive regulatory framework will create a prosperous crypto ecosystem and expand financial inclusion in the country in a secure, simple, and transparent manner

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A Pyrrhic victory for protesters

PM's retreat on farm laws conceals what is actually going on

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History repeats in Paytm IPO flop

We don't know whether Paytm will mark the top of the current bull market but it certainly does embody all the elements that mark excess, writes Debashis Basu

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Street signs: Arbitrage opportunity in Escorts, IRCTC stock jumps & more

Kubota will soon launch an open offer in tractor manufacturer Escorts to acquire 26 per cent stake at Rs 2,000 per share

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The risk factor

New-age tech firms are inherently more risky

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Future of farms

Govt must keep pushing farm reforms

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Demand rise and market share gain boost Pidilite's growth

The company posted a 40 per cent YoY growth in revenues at Rs2,626 crore

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Farm laws: A Bill to repeal is a must, say former Union Law Secretary

Prime Minister Narendra Modi said that the constitutional process required to do so will be completed in the Winter session

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IBM bets big on India, logs in to small towns for R&D build-up

IBM eager to help India develop the workforce it needs for the digital revolution

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US House passes Joe Biden's $1.75 trillion social spending Bill

The House passed the measure in a 220-213 vote

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Centre mulls tweaking law in Budget to tax cryptocurrency gains

People are already paying capital gains on income from cryptocurrencies, and the GST law provides for taxing such transactions as 'services', Revenue Secretary Tarun Bajaj told PTI

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The Amazon lobbyists who kill US consumer privacy protections

Amazon executives and staffers detail these lobbying victories in confidential documents

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ECB should not react to current inflation spike, says Christine Lagarde

Inflation in the euro zone hit 4.1 per cent in October, pushed up by higher energy costs, and is expected to stay above the ECB's 2 per cent target next year

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The Big repeal: How the movement against three agriculture reforms unfolded

A 21-year-old climbing the flag pole and hoisting Nishan Sahib at Red Fort became the defining image of the protest.

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Covid-19 pandemic: Austria imposes full lockdown, Germany to follow

A fourth wave of infections has plunged Germany, Europe's largest economy, into a national emergency, Health Minister Jens Spahn said

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Without innovation Indian pharma cannot touch $130 bn by 2030: Industry

Sun Pharma says it eyes $1.5 bn from innovative products in 3-4 years

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Cognizant expects constant currency revenue growth of 8%-11% in 2022-24

Cognizant has said it expects its revenue to grow 8-11% in annual constant currency terms during 2022-24

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Repeal of farm laws: Political parties rearrange chess pieces in UP, Punjab

Farm laws' repeal reopens the door for BJP in Western UP

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FDA authorises Pfizer, Moderna Covid-19 vaccine boosters for US adults

The regulator's decision paves the way for millions of Americans to get additional protection

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Forced evolution

Humans are not only driving extinction but also speciation

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Japan Cabinet OKs record stimulus package to fix economy

Japan's Cabinet approved on Friday a record 56 trillion yen ($490 billion) stimulus package, including cash handouts and aid to ailing businesses, to help the economy.

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Choksi moves Bombay HC seeking to keep in abeyance fugitive proceedings

Mehul Choksi has moved the Bombay High Court seeking that the proceedings initiated against him by ED, which has sought that he be declared a fugitive economic offender, be kept in abeyance.

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HFCs report 7.4% rise in Q2 net profit; net operating income up by 15.1%

Sequentially, 10 listed HFCs booked a 26.1 per cent growth in net profit over Rs 3,975 crore in June 2021 (Q1 of FY22)

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The seeds of a bleak future

This episode of legislating bad laws and rolling back, means those issues will not be addressed for fear of sparking another agitation, writes Devangshu Datta

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Jyotiraditya Scindia urges states, UTs to cut tax on jet fuel

Scindia has been urging states and UTs to reduce Value Added Tax (VAT) on Aviation Turbine Fuel (ATF)

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For CoinSwitch Kuber's Ashish Singhal, simplicity is the mantra for success

Singhal, whose company became a unicorn last month, is determined to reach out to sceptics who have FUD - crypto slag for fear, uncertainty and doubt, writes Ritwik Sharma

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A culinary tour de force

A history of Calcutta through its food recreates the city's rich multicultural heritage

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Airbus smashes orders at Dubai airshow, Boeing trails

Airbus SE bagged 265 firm orders at the Middle East event

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Rupert Murdoch takes another swing at Google and Facebook, seeks reforms

Murdoch for years has criticised Google for taking the publisher's news articles without compensation and Facebook with failing to adequately reward publishers

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My fiduciary obligation to ensure Escorts is fully institutionalised: CMD

In a Q&A, Nikhil Nanda dwells at length on the deal with Japanese agri-machinery major Kubota and the value it will create for the stakeholder of his company

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Mask-wearing cuts coronavirus cases by 53%, says global study

The findings come amid evidence that vaccination efforts weren't enough to prevent a resurgence

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RBI working group warns on digital lending by big tech players

The working group has recommended the formation of a nodal agency & SRO for digital lending apps

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AstraZeneca Covid drug cocktail gives 83% protection over 6 months: Study

The treatment is given in one go, as two sequential shots in the arm

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Regulations needed to safeguard patient privacy, personal data: CCI

It said online pharmacies should adopt self-regulatory measures in the areas of collection, use, sharing of data and privacy

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Health regulatory agencies likely to come under DCGI ambit

Single-window system to take care of regulatory need for drugs, vaccines

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Time to harvest the tailwind in exports

The current high tide in global trade offers an opportunity for India to get its exports strategy in order before growth dips again

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Renovated Rezang La memorial honours 1962 war heroes

These heroes were applauded in the British parliament and all 21 awarded the Indian Order of Merit, the highest gallantry award that an Indian soldier could then receive

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Immersion in the Tata 'black box'

Book review of Tata: The Global Corporation That Built Indian Capitalism

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No solution yet

Lack of leadership causes NCR's annual air crisis

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Strengthening financial sector

Governance in the banking system needs to be improved

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Go Fashion IPO subscribed 6.87 times on second day of subscription

The Rs 1,013.6-crore IPO received bids for 5,55,12,051 shares against 80,79,491 shares on offer

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Govt to set up working groups to prepare action plan: Bank officials

Finance ministry is likely to constitute working groups which will define action plans that will be aimed at providing seamless credit flow to various sectors, bank executives said

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In the land of myths and legends

The majesty of the Himalayas evoke a strange mix of contrary emotions

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EU opens door to giving aid for semiconductor production

The EU's executive arm expects that the scarcity of semiconductors will affect the region's economy

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PM Narendra Modi urges nations to ensure crypto doesn't spoil youth

Modi also said the democracies must invest together in the research and development of future technology

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Hard to decipher one-day market movements: Paytm Group CFO and President

In a Q&A, Madhur Deora says the company needs to communicate better and shares his key learnings

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Paytm shocking debut deals a reality check to small investors flocking IPOs

Paytm's 27% drop is the worst Day-1 performance among 50-odd IPOs listed this year

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Meta's counter to hate speech: Ten fact checkers in 11 languages

Meta also has people reviewing potentially problematic content in 20 Indian languages

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In a first, Apple to sell spare parts for iPhones, Mac computers

The self-service repair program comes after years of pressure from consumer groups

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1.75 million received Rs 76,012 crore loans during festival period

Banks say efforts now to expand credit to ensure economic revival is durable

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Big technology platforms like Google no threat to banks, say experts

Google has a customer interface feature and the Unified Payments Interface (UPI) is a feature for mobile to mobile payment

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The mental dynamic

Ms Singh's book makes it clear that India's Mental Healthcare Act, 2017, builds on a long legacy of efforts to advocate for rights-based institutional care

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Cloud over conglomerates

A related problem in conglomerates is a complex web of crossholdings of shares among subsidiary and associate companies

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Sensex, Nifty fall for second day on profit taking in RIL, HDFC twins

Reliance Industries declined by 1.91 per cent, Kotak Bank by 1.51 per cent, Bharti Airtel by 1.39 per cent and Titan by 1.2 per cent

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What Biden-Xi summit presages for the future

A more nuanced relationship between the world's two largest powers may diminish the value of India's ties with the US

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Evidence suggests FB is not a prime driver of polarisation: Monika Bickert

Our proactive detection rate for hate speech in India is close to 97%, says Monika Bickert, head of global policy management, Meta

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India needs to double capex in medium term to fund infra: DEA Secy

India needs to double the capital expenditure in the medium term from about 5-6% of the GDP currently to fund infrastructure, DEA Secretary Ajay Seth said

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Lessons in the pandemic

Addressing school learning losses should be a priority

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Primary protection

Sebi proposes tighter rules for IPOs

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Dairy's unlikely new champion is a centuries-old Indian cheese

Unlike many faux-meat options, however, paneer is clean-label, meaning it's made with minimal ingredients

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Metals & mining companies report record earnings in H1 of FY22

Net profit rises to Rs 82,500 crore; accounts for 20% of India Inc's combined net profit

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Charaiveti: An academic's journey-8

Looking back, my early interest in politics might have something to do with one of my maternal uncles who was a political prisoner of the British

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From crypto to Christie's: How an Indian metaverse king made his fortune

The purchase shook the art and crypto worlds

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Domestic airlines look to revive zero bag fares in order to grow traffic

In India, airlines are required to provide 15 kg of check-in bags free

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Economists urge gradual consolidation, see fiscal deficit near 6% in FY23

They believe focus on reviving informal sector activity, particularly construction, is key to reviving GDP and jobs

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FM urges India Inc to take risks, boost capacities to create more jobs

Sitharaman said PM Modi has asked all ministers to identify compliance burdens for the industry in their respective ministries and departments, and simplify them

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Vedanta mulls value-unlocking through separate listing of businesses

The board has also appointed various advisors to assist in evaluating the options, said the filing

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PM Narendra Modi inaugurates expressway, clubs prosperity with security

The Purvanchal Expressway will strengthen the IAF and allow for the emergency landing of our fighter jets, said PM Modi

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No more CAG vs govt; data will dictate history, says PM Narendra Modi

Modi said the NPAs of the banking sector had continued to rise because of wrong practices and lack of transparency followed by the earlier regime

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Banks' strategies, business models under RBI lens: Shaktikanta Das

Boards' role in challenging management proposal critical: Das

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JPMorgan sues Tesla over warrants, Elon Musk's 2018 tweets

JPMorgan claims the Aug 7, 2018 tweet amounted to a significant corporate transaction that allowed it to adjust the strike price

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China warns on cryptocurrency mining, Bitcoin slips over 8%

Global crypto market cap has dropped some 10 % in the past 24 hours, according to CoinGecko.

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Eye on export markets, Tejas debuts in Dubai

Malaysia, Argentina, Egypt - the three countries that have evinced interest in the Indian light fighter

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Joe Biden raises human rights, Xi Jinping warns of Taiwan 'red line'

They discussed North Korea, Afghanistan, Iran, global energy markets, trade and competition, climate, military issues, the pandemic and other areas

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Pfizer to allow generic versions of its Covid-19 pill in 95 countries

The voluntary licensing agreement between Pfizer and the MPP will allow the United Nations-backed group to grant sub-licenses to qualified generic drug manufacturers

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Fitch refuses to do a Moody's, retains India's outlook at negative

Also retains ratings at the lowest investment grade

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Sebi proposes stricter IPO norms as startups listings gather pace

The proposals come amid a record Rs 1-trillion-plus mop-up through IPOs this year, the bulk of which came from new-age and loss-making companies

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India's moveable feasts

Ms Ved explores the world of food through the Indian cultural leader Rabindranath Tagore

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Green hydrogen makes a debut

Rapidly bringing down green hydrogen costs is clearly a laudable national goal and worthy of government support

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A glass all empty

On both economic and social fronts, Indians today are worse off than before

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India Inc to press the pedal on fresh investments with PLI, say experts

CEOs say worst is behind and they're re-evaluating plans as capacity utilisation is increasing

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The low road

Uttarakhand's ecological balance must be protected

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Unnecessary intervention

No tax benefit needed for retail bond investors

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Myntra forays into luxury segment, unveils Myntra Luxe on its app

This is another step for the firm towards strengthening its position as one of the leading fashion, beauty, and lifestyle brands in the country

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Amazon-Future row: Delhi High Court gives CCI two weeks to decide

CAIT said the antitrust body should not delay decision on the matter

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Delhi air quality in severe category, again; states meet to check pollution

The Supreme Court, which had instructed the Commission For Air Quality Management to hold the joint meeting regarding the pollution levels in Delhi, will hear the matter on Wednesday

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After pumping in $9 bn, FPIs in retreat mode on valuation concerns

Since October, overseas investors have yanked out close to $2.6 bn

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May consider converting interest dues to equity: Voda Idea CFO Moondra

The company is also in talks with banks and investors for raising funds, an official said

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Parliamentary Panel meeting: Regulate crypto, don't ban, say House members

The winter session of Parliament starting on November 29 is expected to take up the draft bill on regulating cryptocurrency

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Sluggish recovery after sharp fall

The inverse relationship between household income levels and the rate of recovery in consumer sentiments is both disappointing and counter-intuitive. But the data is unambiguous

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PwC to assist Snapdeal with its environment, social & governance programmes

As part of the engagement, PwC would assist Snapdeal to define the overall ESG vision

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Airtel panel to sharpen focus on environmental, sustainability & governance

Manish Kejriwal will be the chairman of the committee

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Ride-hailing app Ola's General Counsel Sandeep Chowdhury quits

Chowdhury had joined Ola from Nuvoco Vistas Corp Ltd

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