World's biggest pension fund won't buy China sovereign debt: Report

The decision comes as FTSE Russell is set to start adding Chinese debt to its benchmark global bond index, which the GPIF follows, from October

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Vietnam in Covid-19 pandemic grip: Apple iPhone 13 wait gets longer

The disruption, which could ease as soon as mid-October, is linked to a constriction in supplies of modules for the phone's four models, as a significant number of components are assembled in Vietnam

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Republican senators introduce legislation imposing sanctions on Pakistan

Following the move, Pakistan stocks fell nearly 3 per cent on Wednesday while the rupee dropped to a record low.

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Cabinet okays revamped mid-day meal scheme with expanded coverage

According to an official statement, coverage will now extend to the students studying in pre-primary or Bal Vatikas of government and government-aided primary schools

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Sebi rolls out swing pricing to protect debt mutual fund investors

Mechanism will kick in at times of market dislocation

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The big bank idea

India needs more efficient financial entities

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Improving market efficiency

Sebi's decisions are in the right direction

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Soft-spoken consensus builder Fumio Kishida to become Japan's PM

Likely to be voted to the top post on Monday; has called for stimulus of over 30 trillion yen

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The new collective contract

The book has several evocative examples of how government, business, and not-for-profits work (and don't work)

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A coup attempt at the IMF

The efforts now underway to remove Kristalina Georgieva are not only unjust, but could hamstring the Fund's management for years to come

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Thumb on the scale

In India, the regulators' focus rightly is on control through the voting mechanism

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Expect more than 7% growth for India this decade: CEA Subramanian

Chief Economic Adviser K V Subramanian on Wednesday said India will clock over 7 per cent annual growth during this decade on the back of strong economic fundamentals

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Acuite Ratings to incorporate ESG norms into its credit ratings

ESG in Credit Risk and Ratings Statement is supported by over 170 investors who have nearly $40 trillion Assets Under Management and 27 credit rating agencies over the world

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DHFL acquisition to see Piramal Enterprises sharpen its retail focus

Completes acquisition; pays Rs 34,250 cr to creditors

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RBI takes Indian Overseas Bank out of Prompt Corrective Action framework

IOB was placed under PCA in October 2015 on account of high net-performing assets and negative Return on Assets (RoA).

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Jewellers sell Rs 100 gold online in the festive season warm-up

The jewellers have launched the offers just as the festive season begins, when gold demand peaks

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Kinetic Engineering shareholders reject proposal to raise MD's remuneration

Shareholders of Pune-based Kinetic Engineering Ltd have rejected a proposal by the company to increase the remuneration of its Managing Director Ajinkya A Firodia

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Sebi ruling on DVR cheers startups, but can it stop international listings?

Sebi has said that promoters/founders who have net worth of Rs 1,000 crore can now have superior voting rights

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MoD approves procurement of Rs 13,165-crore military hardware

Out of the total procurements, equipment and platforms worth Rs 11,486 crore will be sourced from domestic entities, the ministry said

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Vodafone Idea reworking business plans after govt reforms' boost

Addressing shareholder queries at company AGM Vi's chairman Himanshu Kapania said the exact amount will be worked out upon the submission of a new business plan.

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No privacy concerns with health ID, patient consent must: R S Sharma

"The health ID will become popular not because it is compulsory or not but because it will offer huge facilities. The systems will be interoperable", says Sharma

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S&P sees indications of strong rebound in Indian economy after Q1

S&P retains 9.5% FY22 growth projection for India

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Almost 200K jobs vacant in 9 sectors in first quarter, says survey

Vacancies were caused by resignation, retirement and lack of available skilled workers

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Data privacy, safeguarding client details important: FM Sitharaman

Sitharaman added that safeguard of client data is the backbone to bringing trust

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Godrej Industries raises Rs 750 crore through non-convertible debentures

Godrej Industries Ltd on Tuesday said it has raised Rs 750 crore through private placement of non-convertible debentures. The management committee of the board of directors of the company has on September 28 approved the allotment of 7,500 rated, listed, unsecured, redeemable, non-convertible debentures having face value of Rs 10 lakh aggregating to Rs 750 Crore to an identified investor, Godrej Industries Ltd said in a regulatory filing. The company, which is a holding company of the Godrej Group, however, did not disclose the identity of the investor. The proceeds of the issue are proposed to be used for business purposes, investments, repayment or prepayment of certain loans and for general corporate purposes, it added. The NCDs, which will be listed on the National Stock Exchange of India, will have a tenure of 7 years with a redemption date slated for September 28, 2028, it added. Carrying a coupon rate of 7.58 per cent per annum, payable annually, the NCDs will be redeemed

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Climate change challenge for entire ecosystem: PM Narendra Modi

Modi said that steps taken to create a seeds-to-market ecosystem will ensure the country's strong economic growth

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Oracle India steady on double-digit growth path, says Prasad Rai

Oracle recently reported first quarter results for the financial year 2022. Total quarterly revenue rose 4 per cent to $9.7 billion

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KKR-backed firm raises Rs 460 crore in India's first renewable InvIT

Virescent Renewable Energy Trust was floated in February this year by Virescent Infrastructure, which was set up in 2020 and is backed by global investment firm KKR

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The Hitler Indians should know

Mr Purandare reminds us that Hitler's view of India was shaped by another Briton, a political philosopher called Houston Chamberlain

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A one-horse race

'So as the privatisation of Air India goes into the final lap, I can confirm it is only a one-horse race', says the author

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Monetisation of government assets

Leasing government-owned land would be easier and should be accorded higher priority

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Gadkari reviews construction work of all-weather Zojila, Z-Morh tunnels

Union Minister Nitin Gadkari on Tuesday reviewed the construction work of strategically important Zojila and Z-Morh tunnels on the Srinagar-Leh highway. Speaking to reporters at the Z-Morh tunnel site, Gadkari said his ministry is also building 20 tunnels of a total length of 32 km in Jammu and Kashmir and 11 tunnels of a total length of 20 km in Ladakh. The cost of building these 31 tunnels in Union territories of Jammu & Kashmir and Ladakh will be around Rs 1.4 lakh crore, the road transport and highways minister said. The Union minister for road transport and highways also said all the projects undertaken by the BJP-led central government should be completed before the 2024 general elections. He said there will be no compromise on the quality of the construction. Gadkari also said that in the past two years, the Modi government has been able to do the same amount of work related to road projects in Jammu and Kashmir that earlier took 50 years. The Z-Morh tunnel between Gagangi

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Suspension of scheduled int'l passenger flights extended till Oct 31

The suspension does not affect the operation of international all-cargo operations and flights specifically approved by the aviation regulator

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Sebi board clears proposal to ease delisting norms in boost to M&A activity

Related party transactions' rules tightened to prevent abuse; startup founders get more leeway to retain control

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FinMin officials pitch for better sovereign rating outlook with Moody's

Finance Ministry officials and representatives of rating agency Moody's on Tuesday discussed economic growth prospects, during which India pitched for an upgrade in its sovereign rating outlook

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More female representation

Structural biases against women must be addressed

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Fiscal gains

Higher tax revenue will give more flexibility in pushing expenditure

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Nature-based, people-centred solutions for water

The second in a series of weekly articles on the new National Water Policy

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BS Number Wise: Home truths about Indian real estate in the pandemic

Top tenants of commercial real estate-mostly IT companies-actually added to their office stock and demand for residential space is reviving.

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Bond market sees signals of normalisation in RBI move on 7-day reverse repo

The central bank is tight-lipped about normalisation, even as other global central banks have started sounding hawkish

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Sensex, Nifty tick higher to fresh records; auto stocks in top gear

Rising for the third straight session, the Sensex ended 29.41 points or 0.05 per cent higher at its new closing peak of 60,077.88

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Rural markets shine

Urban India has been lagging the hinterlands on consumer sentiments

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Second wave of Covid-19 spawns black mkt for oxygen, drugs: Survey

Black marketing during the second wave of Covid-19 meant that a large number of people had to pay a lot more than the actual rate to access health care facilities

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Rolling Stones kick off No Filter tour with tribute to Charlie Watts

The tour had been scheduled for 2020 before the coronavirus virtually shut down the touring industry

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Covid-19 pandemic cut life expectancy by most since World War II

The impact of Covid-19 on lifespans may be greater in less developed countries that wer­en't included in the research

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Sterling Accuris to raise Rs 250 crore from fund managed by Morgan Stanley

Diagnostic lab chain Sterling Accuris Wellness on Monday said it has inked a pact to raise Rs 250 crore from a fund managed by Morgan Stanley Pvt Equity Asia in order to expand operations. Sterling, which started operations in 2016, has over 1,000 employees and operates around 150 labs and collection centers in Gujarat, Delhi, Rajasthan and Madhya Pradesh. The company is aiming a revenue of around Rs 250 crore in the current fiscal year. As diseases become more complex, the need for their quick and accurate diagnosis through testing will become more critical," Sterling Accuris Chairman Girish Patel said in a statement. This will lead to increased customer preference towards organised pathology lab networks, he added. "Over the last five years, Sterling Accuris have built a strong business in the markets we operate in and the growth capital infusion from a seasoned investor like Morgan Stanley will help the team accelerate the execution of our expansion plan," Patel noted. During

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Adani Wilmar rolls out 'Fortune Mart' stores in 6 states

Adani Wilmar, which markets edible oils and other food products under the Fortune brand, on Monday said it has opened 12 physical stores on franchisee model across six states and plans to start outlets across the country. "Adani Wilmar is opening physical stores under the name Fortune Mart which will exclusively sell Fortune and other Adani Wilmar brand products," the company said in a statement. The physical stores are being opened on a franchise model. Adani Wilmar has so far opened 12 Fortune Mart stores in Jaipur, Jodhpur, Lalitpur, Gandhinagar, Surat, Gandhidham, Jabalpur, Vidisha, Gwalior, Kharghar, Akola, and Haldia. These cover the states of Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra and West Bengal. The company further aims to launch Fortune Mart stores in north and eastern parts of India in the coming quarter. "Fortune has become a household name and the most popular and preferred food brand in the country. The rollout of Fortune Mart stores aims to .

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Private bank stocks may be headed higher on hopes of buoyant Q2 and Q3

Street is hoping the two quarters will see a pick-up in consumption and better economic activity

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Sebi beefs up risk management norms, asks MFs to appoint dedicated officer

Risk to be divided into two broad categories--scheme-specific and AMC-specific--with further sub-divisions in each

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From Z-Morh to Zojila tunnels, Ladakh to get a bit closer to Srinagar

Work at Z-Morh is expected to be over by next year against the target of December 2023 while the Zojila project would be over by 2026, says an official

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YouTube aims to bring Shorts into the limelight, says Satya Raghavan

Raghavan said the firm was constantly adding more product features, depending on how consumers are using some of the existing ones, so that the product becomes more robust

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The redrawing of the media map

Just like in publishing and music, a new set of companies would increasingly dominate films and TV as well

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Net-zero is not enough

Global climate agreement must be about the allocation of available carbon space

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Three unsung writers

The intermediation that the old-style publishers offered is almost gone. We can safely expect a lot of old imprints to die out. Perhaps only the university presses will survive

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Bank of America-backed ACRE buys 32% stake in Jayaswal Neco Industries

The ARC is backed by other global distressed funds and investors like Davidson Kem­pner Capital Manageme­nt, Oaktree Capital and Ares SSG

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The chancellor's legacy

Repair work needed on Germany's external relations

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A good start

Employment surveys should be made more relevant

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PLI scheme: Auto component companies hope to pare imports

It would also reduce imp­orts from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in India

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Centre won't hit market to make up for GST compensation shortfall

To borrow Rs 5.03 trillion in Oct-March 2022

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81% received full wages in first wave of Covid-19 pandemic: Survey

70% of firms didn't cut jobs; in fact, health sector increased employment

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MSCI addition of six stocks likely to rake in over Rs 9,000 crore

Market observers say these stocks may edge higher in the coming weeks. The review period for the price cut-off is October 18-October 29

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Move to contain damage from freak trades takes effect from Monday

Freak trades cause large price swings often because of mistakes in order entry, made worse by the freak trades triggering stop-loss orders

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India needs four-five SBI-size banks, says FM Nirmala Sitharaman

The finance minister also noted that some of the economically active regions of the country still lacked banking facilities

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Liquidity moving away from China to high-growth nations: Sumit Jalan

Jalan says investor sentiment, hit by a spate of poor listings in August, shall improve as we see successful listing going ahead

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Street signs: Hotels stocks on investors' radar, Aditya Birla MF GMP at 10%

Shares of Indian Hotel have rallied nearly 30 per cent in the past one month

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Momentum traders likely to stay long amid bullish trend in markets

There is strong support for Sensex at 58,000-59,000 and Nifty at 17,000-17,300

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How good is the bad bank

The key to the success of the bad loan experiment will be IDRCL's management team and the incentive structure. It could recover more than what the industry is estimating now

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Bitcoin miners eye N-power as environmental criticism mounts

Firms aim to bring advanced fission to energy-intensive process of minting new coins, diversify energy sources used by miners

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Germany votes in tight polls to find heir to 'eternal' chancellor

In office so long she was dubbed Germany's "eternal chancellor", Merkel has been in power since 2005 but plans to step down after the election, making the vote an era-changing event

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RSS-linked weekly terms e-commerce firm Amazon as 'East India Company 2.0'

Amazon has been termed as "East India Company 2.0" by the RSS-linked weekly, Panchjanya, which has also alleged that the firm has paid crores of rupees in bribes for favourable government policies.

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Modi 2.0: Has the state turned from doer to enabler?

'Some parts of these policies will fail, but hopefully they signify a change in the right direction', says the author

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The Quad's new direction

The four democracies define a new vision of "security" for the Indo-Pacific

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Beware of highs

Earnings growth may not support stock prices

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For a multilateral world

PM calls for reforms and drives Quad evolution

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Vatican Museums, Uffizi team up to confirm a Raphael is real

The nearly life-sized paintings of Saints Peter and Paul are normally kept outside public view

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China steps up funding oversight of Evergrande property projects

Special accounts set up to oversee, review fund use of debt-laden firm

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Taliban asks airlines to restart int'l flights, promises cooperation

While passenger and aid flights have been operating from the airport, normal commercial services are yet to resume since last month's chaotic evacuation

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Top property developers bet big on office properties as demand rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one

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Rioting cases up in 2020 after a downward trend for years, shows data

In 2020, 71,107 cases of offences against public tranquility were registered under various sections of the Indian Penal Code and rioting accounted for 72.6 per cent of these cases

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Life insurers are at the cross-roads

As government pension and retirement schemes become less sustainable, ensuring financial security for the older population will become the central focus for life insurers in India

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Coverage ends when goods reach destination

According to the National Commission, shifting of the generator after completion of transit does not fall within the scope of the marine and transit policy

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Five stocks drive Sensex from 50,000 to 60,000: Check details here

RIL and Infosys have accounted for third of gains

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Sensex at 60K: Stock valuation at highest since Lehman crisis

The market looks pricey on market cap to GDP ratio, which reached a new post-Lehman crisis high of 127.6 per cent on Friday

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Advance tax collection up 52% in September quarter, shows CBDT data

Current mop-up 14.6% higher than the 2019-20 level of Rs 2.21 trillion

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Daikin to set up Rs 1,000-crore AC manufacturing plant in Andhra Pradesh

First firm to acquire land for a new factory under the PLI scheme for white goods

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Finance ministry notifies procedure for goods exported under RoDTEP

The rates for 8,555 products - such as marine, agriculture, leather, gems and jewellery - were announced under the RoDTEP scheme in August this year.

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ICICI Home Finance to recast 4-5% of its loans, raise Rs 2,000 cr via NCD

Its pool of recast loans stood at 3.4 per cent of AUM by the end of June, according to CRISIL

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Modi-Biden bilateral meeting: Seeds sown for stronger friendship, says PM

Modi said this decade will be shaped by talent and people-to-people linkages

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Evergrande misses payment deadline, EV unit warns of cash crunch

China Evergrande's electric car unit warned on Friday it faced an uncertain future unless it got a swift injection of cash

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Huawei CFO, US reach agreement to resolve bank fraud charges: Report

Meng is expected to appear virtually in a hearing scheduled for later on Friday in Brooklyn federal court.

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Foreign exchange reserves down by $1.47 billion to $639.64 billion

The country's foreign exchange reserves declined by $1.47 billion to $639.642 billion in the week ended September 17, RBI data showed on Friday

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RBI permits lenders to sell fraud loans to ARCs, paves way for resolution

Legal onus regarding reporting, monitoring, filing of complaints with law enforcement agencies will move to the ARCs post the transfer

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China's troubled HNA group says Chairman, CEO detained by police

Chairman Chen Feng and CEO Tan Xiangdong were detained by police in the southern province of Hainan over suspected crimes, the company said in a statement late Friday, without providing details

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Sensex sprints to 60,000: Latest 5,000-pt rally comes in record 28 sessions

In the past 18 months, a record number of first-time investors have entered the market

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Central banks need self-awareness

'The Reserve Bank of India has a lot of experience in trying (and failing) to guide fiscal policy', says the author

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Birlas fail to nominate directors on the board of MP Birla group companies

The AGM of MP Birla group's flagship, Birla Corporation will be held on September 29

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Eccentric Engine launches a virtual concierge for Nissan Magnite

Claims its the first such digital platform industry globally

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CCI slaps Rs 873-crore fine on UBL, Carlsberg for price fixing

In its 231-page order, which comes nearly four years after ordering a probe, CCI has also directed the companies, association and individuals to "cease and desist" from anti-competitive practices

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Biennial World Cup?

Critics of the biennial idea - principally UEFA and Conmebol, the South American federation - say it is "unviable"

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Economical with economics

Why do latter-day economists write everything but economics in their autobiographies?

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The trouble with containing China

China has the world's biggest, most diversified manufacturing base

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Californian pension fund opposes Saudi appointment on RIL board

Proxy advisory firm questions Saudi Aramco's chairman Yasir Al-Rumayyan's 'independence' on RIL board

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Fixing dispute settlement

US refuses to repair the damage it did to WTO

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Worsening chip shortage to cost world's automakers $210 billion

Shortage costs balloon more than 90%; sales to suffer

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Reliance Jio adds 6.5 mn users in July, Vodafone Idea sheds 1.4 mn

Airtel subscribers up 1.9 mn in July

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Xi Jinping's US envoy invokes Lincoln in declaring China a democracy

Chinese diplomats have frequently argued that the values of some Western countries, such as the US and Japan, "don't represent the international community"

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Janet Yellen appeals to Wall Street for help with debt ceiling

The calls are the latest sign of mounting pressure on the US government to avert a potential crisis if it's no longer able to borrow money to pay its bills

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Kolkata-based RP Sanjeev Goenka Group ventures into personal care

This is the second major fast-moving consumer goods category that the group has entered in five years

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Fed can't protect markets in case of default, says Jerome Powell

"The failure to do that is something that could result in severe damage to the economy and to financial markets and it's just not something we should contemplate," he said

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New recurring payment norms from Oct 1: Banks, card issuers in a tizzy

Customers are being notified about changes, and alternative methods of payments

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Fitch Ratings cuts China's growth forecast to 8.1% on property curbs

It added that the economic slowdown has already prompted a recalibration of macroeconomic policy settings

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China tells states to be ready for Evergrande's possible collapse

Authorities ask embattled developer to avoid near-term default on bonds

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PM Modi meets leading American CEOs; encourages them to invest in India

Prime Minister Narendra Modi on Thursday met a group of five top American corporate leaders on a one-on-one basis from a range of diverse sectors ranging from drones to 5G

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NFRA finds big gaps in statutory audit of IL&FS Transportation Networks

The authority has also found the auditor to be in violation of ICAI Code of Ethics 2019

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Entitlement under SEIS for services exports in FY20 capped at Rs 5 crore

The facility to claim benefits under SEIS on payments in Indian currency will not be available for services rendered in FY20

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Global services trade remains below pre-Covid levels, says WTO

Global services purchasing managers' index (102.7) and financial services (100.2) indices indicated that the pace of growth has slowed down.

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Trying to ease rules to make it easier for units to exit SEZs: Goyal

The commerce ministry is trying to ease norms for Special Economic Zones and make it simpler for units to exit these areas, union Minister Piyush Goyal said on Thursday.

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EU regulator to decide on Pfizer booster dose at the start of October

Pfizer declined to comment, while BioNTech was not available for comment

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US approves third Pfizer dose for people above 65, at-risk Americans

The panel is likely to discuss guidance for physicians on how to administer the third doses

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Flipkart Wholesale expands into general merchandise ahead of festive season

Flipkart Wholesale competes with players such as Udaan, Amazon and Reliance's JioMart

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YES Bank gets tough on DISH TV promoters, calls EGM to replace firm's board

The lender owns 25% in DISH TV while its promoters, led by Jawahar Goel, own only 6%

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Amazon puts Rs 450 cr in India digital payments arm ahead of festive season

The funding for Amazon Pay came from Singapore-based Amazon Corporate Holdings Private Limited and Mauritius-based entity 'Amazon.com Inc Limited'

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Blockchain technology startup New Street raises funding to expand globally

New Street said its flagship blockchain-based middleware - MiFiX, is amongst the world's first commercially successful blockchain ecosystems for the BFSI sector

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Fed's Powell says taper could start in November, finish in mid-2022

US stocks pared gains, while yields on 10-year Treasuries pushed higher

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Google is now helping travellers go green: Check details here

The new feature relies on 29 certification programmes to do the hard work of establishing a hotel's green credibility

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Nearly 28% urban Indians plan to buy gold this Diwali, says report

The gems and jewellery industry had shown signs of recovery in January-March this year

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India, other G24 nations call for gradual withdrawal of 'Google tax'

The G24 now pressed for a gradual removal of unilateral measures, simultaneous to revenue gains from the implementation of Pillar 1

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Women can take NDA exam in Nov, why wait till May 2022: SC to govt

As the hearing began, senior advocate Chinmoy Pradip Sharma told the bench that there are two exams that take place in a year - NDA I and NDA II

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Health insurance dominates premium mop-up; motor and crop recover

General insurers have seen Covid-related health claims mount, especially after the second wave of the pandemic

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Fed signals bond-buying taper may start soon, split on 2022 hike

US stocks rose slightly, while yields on 10-year Treasuries maintained an earlier decline; the dollar remained lower after the decision

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FDI equity inflows up 112% to $20.42 bln in Apr-July period: Govt data

Foreign direct investments into the country more than doubled to USD 20.42 billion during the April-July period of the current fiscal, the commerce and industry ministry said on Wednesday. Total Foreign Direct Investment (FDI) inflow rose to USD 27.37 billion during the first four months of 2021-22. In the year-ago period, the same was at USD 16.92 billion. Total FDI comprises equity inflows, reinvested earnings and other capital. "FDI equity inflows grew by 112 per cent in the first four months of 2021-22 (USD 20.42 billion) compared to the year ago period (USD 9.61 billion)," the ministry said in a release. Automobile industry has emerged as the top sector during the period under review, accounting for 23 per cent share of the total FDI equity inflows followed by computer software & hardware (18 per cent) and services sector (10 per cent), respectively. Karnataka is the top recipient state with 45 per cent share of the total FDI equity inflows followed by Maharashtra (23 per ...

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India, UAE to sign trade pact by Mar 2022; Round-1 of CEPA talks this week

A new strategic economic pact is expected to increase bilateral trade in goods to $100 bn, services t $15 bn in 5 years

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Depositors of 21 stressed cooperative banks to get Rs 5 lakh by November

The DICGC in a statement said only those depositors who have submitted their willingness to the insured banks would get money

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Restructuring plan: Ford India talks up compensation with dealer partners

As part of the restructuring plan, Ford will cease production of cars and sport utility vehicles at its plants and will sell vehicles only till stocks last

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Stardom and tragedy

One of the highlights of the book is the detailed analysis of the enigma

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Citizen scorecards for better accountability

The CAG's auditing standards highlight the importance of performance audits for promoting transparency and evaluating outcomes

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The VW recovery and beyond

Covid scars may outweigh growth gains from reforms in the medium term

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Practo eyes $12-billion secondary care surgeries market in India

Practo plans to facilitate Rs 1,000 crore healthcare financing, including tier-1 to tier-3 cities over the next three years

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Risk to online freedom

Govts are tightening internet rules

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Regaining fiscal balance

GST rate restructuring will be critical for consolidation

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Bharat Biotech injects pace into Covid-19 vaccine Covaxin supply

Constraints on the availability of India's first indigenous Covid-19 vaccine could end soon

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Rahul, Priyanka inexperienced; will pit candidate against Sidhu: Amarinder

Amarinder Singh had resigned as the Punjab CM recently amid infighting in the state Congress

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PM Narendra Modi, Emmanuel Macron discuss Afghanistan situation

The PMO said the two leaders discussed regional issues, including recent developments in Afghanistan

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Mutual fund disclosure norms spoil REITs index inclusion party

Industry seeks special dispensation from regulator

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Deepening Quad ties tops PM Narendra Modi's US visit agenda

On Saturday, Modi will visit New York and address the UN General Assembly (UNGA)

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IT-BPM industry welcomes GST clarification on intermediaries

This is a long-standing issue between the IT-BPM industry and the government

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Kharif foodgrain output likely to touch record 150.5 mt this year

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

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HDFC launches festive offer; cuts home loan interest rate to 6.7%

Customers can avail of new home loans starting at an interest rate of 6.70 per cent per annum, irrespective of the loan amount or employment category

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India's oil imports rose to four-month high in August, shows data

Oil imports last month rose about 23% from July and about 6.2% from the same month last year

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Focus on agri-exports

The pandemic-driven bonanza will not last

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Biden tells UN that US doesn't seek 'new Cold War' in reference to China

Without mentioning China directly, Biden acknowledged increasing concerns about rising tensions between the two nations.

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A stalled growth engine

Household debt-fuelled growth is not sustainable

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RBI's communication style leaves room for debate

Now the issue is whether the repo rate in isolation is adequate in the absence of the corridor

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Taking states on board

It is time the Modi govt convened a meeting of the Inter-State Council

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The Lord of Short Videos

This is a great primer in a developing story and highly recommended

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Population growth rates have shrunk more for minorities: Pew report

All religious groups in India show major decline in fertility rates

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Covid-19 pandemic: What we know about Delta variant and children

The case for immunising children is much less clear-cut than it is with adults, who are at greater risk of getting seriously ill

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84% Indians feel it's safe to return to office: Deloitte survey

One of the key trends emerging from the survey is the gradual return of Indians to their offices

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Govt extends Uday Kotak's term as IL&FS non-exec chairman by 6 months

Kotak, who is also the managing director and chief executive officer of Kotak Mahindra Bank would continue being the non-executive director on the board of IL&FS until April 2, 2022

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ED launches money laundering probe into Mundra Port heroin seizure case

The Enforcement Directorate (ED) has initiated a money laundering probe into the recent seizure of a record nearly 3,000 kg heroin from two containers at the Mundra port in Gujarat

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Supplies to IT/ITeS parent firms eligible for refunds, clarifies CBIC

The move comes as a major relief to several entities that were denied refunds when they were exporting services to their parent or subsidiary companies abroad

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Air Marshal V R Chaudhari to be new chief of Indian Air Force

Air Marshal V R Chaudhari will take the reins as the chief of the Indian Air Force after the incumbent, Air Chief Marshal RKS Bhadauria, retires on September 30

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Private lender YES Bank resumes credit card issuance with Visa tie-up

Its credit card issuance activity was hit in July after the Reserve Bank of India placed curbs on Mastercards

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An incomplete and exhausted recovery

In August 2021, seventeen months after that draconian lockdown of April 2020, employment continues to remain lower than it was in 2019-20

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Will focus on new products, markets for export diversification: FIEO

FIEO Vice Chairman Khalid Khan said that the continuous growth in exports since March will help in achieving the target of USD 400 billion for this fiscal

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Texmaco Rail looks to pare short-term debt to enhance profitability

Ashish Kumar Gupta, deputy managing director, TexRail, said the company is going to finalise the size and pricing of the rights issue before September-end

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A Chinese 'kiss-and-tell'

This tale is a conditional paean to the Chinese Party system, which is capable of great dynamism

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Only fully vaccinated individuals to be allowed under US new travel system

The US on Monday announced a new international travel system under which fully vaccinated individuals would be allowed to enter the country beginning in November

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India jumps 2 spots to 46th rank in Global Innovation Index 2021

The country's rank has been consistently rising in the last few years. From 81 in 2015, it has moved to 46 in 2021

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Poonawalla Fincorp to clean up by shutting ops in elevated default areas

Adar Poonawalla backs former MD Bhutada, says he hasn't done anything, according to lawyers

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Petrol and diesel price hikes look inevitable

Petrol and diesel were last increased on July 17 and July 15, respectively

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India to resume export of Covid vaccines from October: Mansukh Mandaviya

Sources say the Centre has been working to create a stockpile of vaccines for India in case a third wave strikes

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The coming wave of shareholder activism

With investors beginning to ask the right questions, markets are set to change for the better

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A new water policy for India

It marks a shift from the command-and-control approach to nature

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The Aukus effect

Alliance could bolster the Quad's impact

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China's 'Lehman moment'

Evergrande crisis can have global ramifications

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Racism, offensive: Jairam Ramesh, Tharoor slam UK's Covid travel rules

Indian students and citizens are being harassed and fleeced for exorbitant tests, the Congress leader said

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CARS24 valuation soars to $1.8 billion after raising $450 million

Fundraise includes Series F equity round of $340 mn, debt of $110 mn

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Non-stop flights to Canada resume

Canada required travellers from India to do a RT-PCR in a third country before giving them access.

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Radisson Hotel Group to make deeper inroads into tier-4 and 5 towns

The multinational hotel chain to open 12-15 hotels each year for 5 years

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We have zero tolerance for corruption: Amazon on bribery charges in India

The world's largest online retailer has initiated an investigation into the conduct of its legal representatives in India, according to a report by media platform The Morning Context

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RBI to conduct open market purchase, sale of G-secs on Thursday

The Reserve Bank on Monday said it will conduct an open market purchase of government securities aggregating to Rs 15,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on September 23. On a review of current liquidity conditions, the central bank also decided to conduct a simultaneous sale of government securities under open market operations (OMO) for an aggregate amount of Rs 15,000 crore on the same day. In a statement, the RBI said it will purchase three government securities of different maturity dates amounting to Rs 15,000 crore. It will also sell three government securities amounting to Rs 15,000 on September 23. The central bank further said it reserves the right to decide on the quantum of purchase and sale of individual securities. The result of the auctions will be announced on the same day.

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Own goal in Punjab

Another example of mismanagement by the grand old party

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Fortune Park Hotels to add five hotels in India by December 2022

These five hotels will be -- Fortune Resort Benaulim Goa, Fortune Park in Hoshiarpur (Punjab), Fortune Park in Tirupur (Tamil Nadu), Fortune Select in Goa and a Fortune Inn in Haldwani (Uttarakhand)

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Structural changes in GST

Correction to revenue-neutral rate must not be delayed

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CACP suggestions on sugar economy ring louder: How does it work?

Gujarat only state to go ahead with staggered payments; issue of area reservation resisted by most states

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Businesses should give useful inputs for FTA negotiations

FTAs have to be signed keeping two things in mind - mutually reciprocal terms and focusing on products and services with maximum export potential

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States slam FM plan to not extend GST compensation after June 2022

Opposition-ruled states saymatter was deferred for further discussions during Friday's meeting

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PE major Advent International buys majority stake in Eureka Forbes

Signs deal with SP Group at Rs 4.4K-crore valuation

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KEC International acquires oil gas firm Spur Infra for Rs 62 cr

Spur Infra has achieved an annual revenue in excess of Rs 100 crore, and has a profitable track record and technical expertise. It has an order book of Rs 600 crore

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Pure-play electric two-wheeler firms may fail to ride auto PLI scheme

Unsurprisingly, the maximum investment has gone into creating capacities for electric two-wheelers, followed by the rest

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What are Vector-borne diseases? Here're symptoms, history in numbers

These diseases account for more than 17 per cent of all infectious diseases, causing over seven lakh deaths across the world annually.

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Growing small and medium businesses embrace the digital-first world

71% of growing SMBs say their business survived the pandemic because of digitisation

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Sizing up garments with 3D technology

Global designers and clothing brands are increasingly using sophisticated tech tools such as artificial intelligence and machine learning to clothe their customers with the right fit

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Investment grade to bad bank's SR will attract mutual fund money: ARCs

Based on the financial profile (including profit levels), banks could look at offloading SRs in the market within five years

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Don't see any major pressure as a result of the taper: Axis MF's Sivakumar

In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks

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Lupin's Goa plant gets 7 observations from USFDA, firm unperturbed

Says confident of resolving matter, does not share nature of observations

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SBI Focused Equity Fund: Long-term wealth creator for investors

Investment objective of scheme is to provide investors with opportunity of long-term capital appreciation by investing in a concentrated portfolio of equity and equity-related securities

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Minerva India Underserved, Dynamic PMS outdid Nifty in August

Right Horizon's Minerva India Underserved continued its dream run, gaining 13.1 per cent in August

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DishTV seeks more time for AGM after Yes Bank notice regarding directors

Time sought to allow firm to comply with all applicable laws in respect of the notices and ensure it does not default on regulatory and lender covenants

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Street signs: Index inclusion setback for REITs, Paras IPO in demand & more

Shares of Brookfield India REIT fell close to 9 per cent in two sessions, while Embassy Office Parks REIT declined more than 5 per cent

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Aviation stocks flying high but crude oil prices may be a dampener

IndiGo hits a lifetime high on expectations of recovery, market share gains

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Chipping away at EPFO's benefits

If the Centre only enforces mobility between the EPFO and NPS, the subscribers will settle the argument by voting with their feet

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Tata Consultancy Services to invest Rs 690 cr in Innovation Park in Kochi

In a big boost to the Kerala government's bid to attract investment, leading IT services provider Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi. The state government has allotted 36.84 acres of land to TCS Ltd for setting up a unit for Electronics Hardware & IT/ITES in KINFRA Electronics Manufacturing Cluster, Kakkanad, Kochi. A Memorandum of Understanding (MoU) in this regard was signed here on Friday in the presence of Chief Minister Pinarayi Vijayan and Industries Minister P Rajeev, an official statement said. KINFRA Managing Director Santhosh Koshy Thomas and TCS Kerala Vice President Dinesh P Thampi signed the MoU. TCS Ltd intends to operate a campus for Electronics Hardware & IT / ITES in an area of ??36.84 acres of land in KINFRA Electronics Manufacturing Cluster, Kakkanad, with an investment of Rs 698 crore and would accommodate nearly 10,000 employees in a phased manner, the release said. The proposed project ..

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Rising energy prices spell gains for oil producers

ONGC, Oil India stand to gain, but downstream players may feel the heat

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The future of work going forward

'The last 18 months have changed the world. In many more ways than one', said the author

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Who's to blame?

Most matches tend to end in a result; there are few draws

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A relatively safe CM

Mr Khattar and Mr Modi have known each other since the days the latter was "prabhari" (in charge) of Haryana

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Work-related deaths kill nearly 2 million people a year: UN agencies

The study by WHO and International Labour Organization, the first assessment of its kind, found that work-related diseases and injuries were responsible for the deaths of 1.9 million people in 2016

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UN faces $100-trn shortfall in fight against climate change, inequality

Adding the costs of financing the global transition to a low-carbon economy to limit global warming, and total funding out to 2050 comes in at $200-$220 trillion

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India's forex reserves down by $1.34 billion to $641.113 billion

After reaching a record high in the previous week, the country's foreign exchange reserves declined by $1.34 billion to $641.113 billion in the week ended September 10, 2021, according to RBI data

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IFSCA in process to set up International Arbitration Centre in GIFT IFSC

The International Financial Services Centres Authority (IFSCA) is in the process of setting up an International Arbitration Centre in the GIFT IFSC for speedy resolution of any dispute

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Swiggy, Zomato to pay GST from Jan; expensive life-saving drugs exempted

GST Council decides against inclusion of petroleum

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Queer phobias

An academic studies tribal folktales through a queer lens to highlight how they speak out against colonial-era moral policing that, ironically, still prevails in contemporary India

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SoftBank sells $1.69 billion of Coupang as Son unloads assets

SoftBank sold 57 million shares at $29.685 on Sept. 14, the company said in a statement to the U.S. Securities and Exchange Commission. The Japanese company is still Coupang's largest shareholder

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The great wall: Meet Savita Punia, goalkeeper, Indian women's hockey team

In Punia, Vaibhav Raghunandan encounters a quiet strength that was unmissable in Tokyo

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Tencent bows to regulator, opens WeChat to rival application links

Tencent had restricted users from sharing content from Douyin. In Feb, Douyin filed a complaint at a Beijing court saying this was monopolistic behaviour

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Beijing seeks to join an Asia-Pacific trade deal Donald Trump left

China submitted a formal application letter to join the deal, known officially as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

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Car review: Marvellous Mercedes-Maybach GLS 600 finds a higher perch

The GLS 600 is one of the flashiest, swankiest SUVs Mercedes-Benz has ever made

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China pumps in $14-billion cash as Evergrande's pain roils markets

Extended and severe economic slowdown seems probable, say economists

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Federal Reserve seen announcing bond taper in Nov, rate lift-off in 2023

The survey of 52 economists also predicted the US central bank would hold interest rates near zero through 2022 before delivering two quarter-point increases by the end of the following year

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Navalny app removed from Apple, Google stores as Russian polls open

Facing Kremlin pressure, Apple and Google on Friday removed an opposition-created smartphone app that tells voters which candidates are likely to defeat those backed by Russian authorities

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Paytm IPO: Employees get time till Sep 22 to convert ESOPs into shares

Paytm has given time till September 22 to its employees to decide on converting their stock options ahead of the company's Rs 16,600 crore-IPO planned to be launched in October

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NITI Aayog for building 500 'healthy cities' to fight Covid-like crisis

NITI Aayog said the Central sector scheme for building 500 healthy cities in the next five years will have to be worked out by the Ministry of Housing and Urban Affairs in consultation with states and

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State Bank of India, Bank of Baroda reduce home loan rates by 25-45 bps

For new home loans of Rs 75 lakh and above, SBI will charge 6.7 per cent as against the previous 7.15 per cent

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20% of India's adult population fully vaccinated: Health ministry

The government has also condemned the report by the New York Times that said that the ICMR suppressed data showing the risks of a second wave

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5G tech, new equity investors to be Vodafone Idea's calling card

Valuation gets a leg-up after bailout package

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Charaiveti: An academic's journey-5

In the neighbourhood many young men start body-building (in gyms, called akhras, or outside). Soon these musclemen go for the job entry tests for the lower ranks of police

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How billionaire Steve Cohen learned to love cryptocurrencies

Cohen, 65, who has a net worth of $11.1 billion, according to the Bloomberg Billionaires Index, has since thrown himself into the world of crypto in a personal capacity and at his firm

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Domestic air traffic in August jumps 34% sequentially, says DGCA

Industry wise seat occupancy in August stood at 70.2 per cent

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'New' Van Gogh drawing to go on display in the Amsterdam museum

The owner, who is remaining anonymous, asked the mu­seum to determine if the un­signed drawing is by Van Gogh

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Biological E gets approval to manufacture J&J Covid-19 vaccine in India

According to sources, discussions are on between J&J and the Centre on the matter of indemnity against any serious adverse effect after vaccination

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Madras High Court stays certain sub-clauses of new IT Rules

The sections provide for a three-tier structure for addressing the grievances made in relation to publishers

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How green is my central bank

Green climate and other bonds, and fixed-income assets do offer an explicit and ex-ante guarantee of carbon neutrality

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Airtel hikes prices of plans offering Disney+Hotstar subscription

Bharti Airtel on Thursday hiked prices of mobile prepaid and home broadband plans that come bundled with Disney+Hotstar subscription due to changes in pricing made by entertainment app

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Moratorium under IBC applies only to corporate debtor not to promoters: SC

The Supreme Court has held that moratorium under provisions of IBC which restrains initiation of any fresh proceedings applies only to the Corporate Debtor but does not protect the promoters

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Don't fake it, just be yourself; Amazon CEO's tips to crack job interview

In a fireside chat at LinkedIn's Career Day event, Andy Jassy says Amazon is an unusual place to build a career. It's an amazing place if you want to have an impact on the world

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TVS Motor acquires Swiss e-bike maker to tap into the segment in Europe

The Chennai-based firm has bought 80% stake in EGO for $17.9 mn; aims to generate $100-150 mn in next 3-5 years by participating in growing demand for e-bikes in the continent

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Going down the wrong path

India slips on indices of freedom and the government has not even acknowledged there is a problem

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Consumer goods companies continue to lose out to other sectors on bourses

Their weighting on the benchmark Nifty50 has fallen to 15%, an 11-year low

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The limits of 'geo-psychology'

The book abounds with empirical evidences and narration, but fails to construct a theoretical paradigm

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Next steps for GST Council

It should address issues with a longer-term view

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Another industrial policy misstep misstep

PLI for auto sector goes in the wrong direction

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Microsoft plans $60-billion buyback; Brad Smith appointed vice chair

The company's recent resurgence has given it a market value north of $2.2 trillion, making it the second-most valuable publicly traded company after a 35% rise in its shares over 2021

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Supreme court criticises Centre for 'cherry picking' names for Tribunals

The Supreme court on Wednesday pulled up the Centre over the recent appointments in some tribunals, saying it was "cherry-picking" candidates from the recommended list and that there was "no consistency" in the selection process. "We are very much unhappy with the way the issues are going on and how the decisions are taken, the court observed, calling the situation "unfortunate". Observing that making appointments in tribunals is the only solution, the top court asked the Centre to do so in two weeks as the quasi-judicial bodies face a severe crunch of presiding officers as well as judicial and technical members that crippled their functioning. The Centre was also asked to apprise the court of the reasons if persons from the recommended list are not selected. A three-judge special bench headed by Chief Justice N V Ramana took note of the assurance of Attorney General K K Venugopal that the Centre would make appointments in two weeks to the tribunals from the list of persons ...

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Union Cabinet clears PLI scheme to make India a drone hub by 2030

The PLI scheme will provide up to 20% incentive to manufacturers of drones and drone components

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Indian Banks' Association to steer 'EASE reforms' in public sector banks

EASE agenda is aimed at institutionalising clean and smart banking

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Private lender RBL Bank resumes credit cards issuance to new customers

Plans to issue 1.2-1.4 million cards in the current financial year (FY22)

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Covid-19 hit India's residential market harder than US and Brazil

Average home prices in India, however, fell on a year-on-year (YoY) and quarter-on-quarter (QoQ) basis during the June quarter

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CDS General Bipin Rawat reveals shape of India's 'joint theatre commands'

The CDS said the military was also looking at creating a single theatre command for managing the threat from China

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Rishi Sunak, Priti Patel retain top jobs as UK PM Johnson shuffles Cabinet

British Prime Minister Boris Johnson on Wednesday undertook a reshuffle of his top team, keeping two of his senior Indian-origin Cabinet ministers Rishi Sunak and Priti Patel in their posts

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Amid rise in cybercrimes, a cyber risk insurance can cut your losses

A cyber risk insurance can cut your losses, but also buy a comprehensive antivirus software

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Modi, Mamata, Poonawalla among Time's 100 'most influential people of 2021'

PM Narendra Modi, West Bengal Chief Minister Mamata Banerjee and Serum Institute of India CEO Adar Poonawalla have been named among the 100 most influential people of 2021 by Time magazine.

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Muslim Britain: A siege within

It's a telling snapshot of "Muslim Britain" and the kind of Islam being promoted in British mosques and Muslim homes

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Infy should have listened to Mr Murthy

There is no denying that Infosys must take a major part of the blame for the problem

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India's revamped FTA strategy

Its focus is at odds with the country's imperative of having an employment-promoting trade policy

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Over-the-top negligence

Kozhikode crash was completely avoidable

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The right call

It's now for the telcos to strengthen their finances

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Accelerating the settlement cycle & challenges facing FPIs

The concern is that should, for example, one exchange turn into a T+1 exchange, we could see a fragmentation of the order book and the liquid­ity, should domestic volumes move to such T+1 exchange

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PLI scheme will accelerate commitment to new technologies: Automakers

The scheme will contribute towards reducing carbon emissions and oil imports with local manufacturing

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'PLI for auto aims to ramp up new technologies in the sector'

PLI scheme for the auto sector primarily aims to target two areas. OEM incentive scheme is linked to value sales and is applicable on battery electric and hydrogen fuel cell vehicles of all segments

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I-T portal continues to face glitches; deadline to Infosys draws to a close

The new income tax e-filing portal, which was unveiled with much fanfare, is not completely glitch-free even as the deadline set by the government for Infosys to fix the problems expired on Wednesday.

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Ola restarts e-scooter sales after website glitch, bookings on app only

The firm is starting sales in batches and prioritising users based on their dates of reservation

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Jair Bolsonaro emerges as a risk factor for Brazil IPO pipeline

Bolsonaro's recent confrontation with Brazil's Supreme Court amid an economic crisis has raised fears over the country's reform process and threatens to poison the environment for 25 IPOs-in-waiting

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NBFC micro credit biz sees near-term stress, shows MFIN data

Finance company executives said the second wave had an adverse effect on the incomes of borrowers

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Vaccines set to unleash pent-up oil demand; expect big jump in Oct: IEA

Brent crude rallies above $74 as Storm Nicholas hits US Gulf Coast

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The full story of the agrarian crisis

Mr Hardikar traces the story of Ramrao who attempted suicide by consuming two bottles of pesticide during Holi in 2014

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Singapore govt lauds foreign talent policy as Oppn targets India

Singapore could lose good investments and jobs if it imposes tighter restrictions on global companies' ability to employ the talent they need, Finance Minister Lawrence Wong said on Tuesday

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Good governance despite differences

Governance is perceived as an abstruse and technical subject, connecting the three dots of accounting, legal, and regulatory

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Apple fixes a security flaw exploited by Pegasus, says report

The flaw, disclosed Monday by Citizen Lab, allowed a hacker using NSO's Pegasus malware to gain access to a device owned by an unnamed Saudi activist, according to security researchers

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Fading memories of a terror attack

The parallels between 9/11 and 26/11 are many, but the differences in the ways in which the two countries have coped in the aftermath are also striking

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China's realty giant warns of defaulting on $305-billion debt

The government is assembling accounting and legal experts to assess the finances of Evergrande, a potential precursor to a restructuring of the world's most indebted developer

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ONGC likely to buy out IL&FS stake in Mangalore Special Economic Zone

The deal is likely to be concluded at 'fair value' after ONGC's attempt to buy out the shadow lender's stake in JV at deep discount failed

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Russia fines Facebook, Twitter for not deleting banned content

The Tagansky district court said Facebook had been handed five fines totalling 21 million roubles ($287,850). Twitter received two fines of a total 5 million roubles, it said.

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Faltering on privatisation

Tweaking tax laws alone will not help

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More questions on Pegasus

India needs more transparent checks and balances

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Vinod Kannan to take charge as Vistara CEO from January 1 in brass rejig

Chief commercial officer to replace Leslie Thng who joins Singapore Airlines

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As inflation eases, RBI to continue with accommodative stance: Economists

The August consumer price index inflation print came at 5.3 per cent, lower than the consensus of 5.6 per cent.

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Make in India, go global: Rolls-Royce, HAL pact for Adour engine parts

Variants of the Adour engine power the Indian Air Force's Jaguar fighters as well as its fleet of Hawk advanced jet trainers

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IDFC faces investor ire on delay in divestments and mergers

Chairman Vinod Rai said the company had a very complex corporate structure

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Explained: How banks can lose $60 billion to cybercash highways

The Model 3 alternative may pose the biggest risk to the conventional money transfer business

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Zee Entertainment AGM skips discussions on Invesco board removal plans

Board sidesteps questions on corporate governance lapses

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MCA, Finance Ministry hammer out key changes to IBC at review meet

The IBBI has said that the CoC functions in an unregulated environment

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Tamil Nadu says NEET skewed in favour of elite, bans it

Admission to medical courses will be based on Class XII marks

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Middle-class rural India holds a promise

Unless a disruption erupts again, rural India seemed poised to help a recovery in consumer demand

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CoC resolution plan can't be modified or withdrawn: Supreme Court

The IBC has seen higher acceptance in the last ten quarters as maximum cases were admitted during this time

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Jet Airways to have over 100 aircraft in 5 years; HQ will shift to Gurugram

First flight between Delhi & Mumbai in Q1 of 2022

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Hindu identity as a political tool

In the two chapters on Savarkar's trial and his twilight years we get to learn a lot of things we did not know

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Paytm launches India's first FASTag-based facility at Delhi Metro parking

Paytm has enabled a UPI-based payment for two-wheelers entering the parking site, thereby digitising the entire parking payments

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Inflation tax over and above the oil tax

The oil tax is unlike, say, the income tax, which is progressive as the income tax rate rises with the income

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Xi Jinping's sharp turn to the left

Politics has acquired a strong populist flavour in China, with foreign policy implications for India

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Signals from Gujarat

CMs have limited value in a presidential-style govt

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Urban safety net

Govt needs new ideas to address distress in cities

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Explained: Why App store fees are drawing fire worldwide

Apple device users spent $72 billion on the App Store in 2020, with almost $22 billion of that going to the iPhone maker

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Kurien, Chokhani quit Zee Entertainment board a day before AGM

This was after proxy advisory IIAS had raised serious corporate governance concerns in the company by asking shareholders not to vote for re-appointing the duo on the company's board

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Pegasus used or not, asks SC as Centre says won't file affidavit

Centre says 'nothing to hide'; Supreme Court says you're beating around the bush

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India will stand by Afghans as it did in the past: EAM Jaishankar

With Afghanistan facing a grave humanitarian crisis, India on Monday said it will stand by Afghans just as it did in the past

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Raise refund reissue claim if tax rebate is delayed, say experts

Do this only if there are no remarks or reasons given by I-T division for withholding it

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India-US alliance to advance clean energy goals, says John Kerry

US special envoy launches Climate Action and Finance Mobilisation Dialogue

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Bumpy road ahead for Ford India as talks with unions on separation flop

Workers at both units set to get into a protracted feud with the management over closure terms and job security

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TCS announces 'Rebegin project', its largest women recruitment drive

Rebegin is a TCS Careers Initiative intended to benefit women professionals who have taken a career break due to family or other commitments to help them return to the company

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PowerMin tells Bengal CM not to oppose people-friendly Electricity Bill

Sources say R K Singh also alleged that Mamata is protecting the rights of a private power discom operating in Kolkata

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Infosys to announce Q2 earnings, interim dividend on Oct 13

India's second largest software services firm Infosys on Monday said it will announce its financial results for the September quarter on October 13.

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Pandemic prompting professionals to rethink career paths, finds Amazon

About 90 per cent said they are interested in learning new and transferable career skills, and 74 per cent said this interest was a result of the Covid-19 pandemic.

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Story in numbers: No major terror attack since 2014, says Rajnath Singh

Rajnath Singh earlier too had said that except for J&K, no terror attack had occurred in the country in the last five years

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Semiconductor Chip shortage may keep Maruti Suzuki's margin in check

Declining trend in royalty payment unlikely to cushion the fall

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Vaccine passports ditched in UK's new plan to manage Covid-19 pandemic

Health Minister Sajid Javid said he did not anticipate more lockdowns and that the vaccine passports would not be introduced in England, as the government depends instead on vaccines and testing

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Armed drones target Irbil international airport in Iraq near US consulate

Kurdistan's Counter-Terrorism Service said at least two drones carrying explosives targeted the airport. It said the attack did not lead to any casualties

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Japan's vaccination minister Taro Kono favourite to succeed Yoshihide Suga

Japan's vaccination minister Taro Kono is favorite to replace Prime Minister Yoshihide Suga as the leader of the ruling Liberal Democratic Party, according to a poll conducted by Nikkei and TV Tokyo

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DeFiChain to offer tokenized stock versions of Apple, Tesla, Amazon

The tokenized stocks will be collateralized by cryptocurrencies, which means traders won't have to go through an intermediary such as a broker

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BMW, Daimler may keep up prices even after chip shortage crisis

Automakers Daimler and BMW are planning to limit the volume of premium models they ship even as chip shortages wane across the industry

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UN nuclear agency, Iran reach deal over tools of surveillance

Tehran holds all recordings at its sites as negotiations over the US and Iran returning to the 2015 nuclear deal remain stalled in Vienna

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Siliguri-based hotelier moves SC against Oyo for unfair practices

In July, the NCLAT closed insolvency proceedings against Oyo and one of its subsidiaries, and also disallowed the intervention of external parties

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Wealth managers must sharpen their game

To truly capitalise on the market opportunity, wealth managers need to focus on quality of advice, innovation in product design and ease of execution

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New investors, algos and a bull market

'I believe there will be many Utsavs when the market becomes volatile and algos go haywire', says the author

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FPIs continue to be net buyers, pump in Rs 7,605 crore in Sep so far

According to data from depositories, overseas investors invested Rs 4,385 crore into equities and Rs 3,220 crore in the debt segment during September 1-9

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B school curricula: Time for a reset?

… as the world swings from 'financialisation' to 'artificial intelligence'

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Planning for Covid-19

Vaccination has picked up pace but much more needs to be done

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Small- and mid-caps set to top asset class league after a gap of five years

The Nifty Midcap and Smallcap 100 indices have by far the best returns among various asset classes so far this year

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A step backward

PLFS reveals transformation of economy has stalled

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Street signs: HDFC Bank back in 'red flag' list, Sansera GMP at 15% & more

A red flag gets activated whenever the foreign shareholding is less than 3 per cent of the permissible limit, which in HDFC Bank's case is 74 per cent

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Most sectoral indices fall back despite broader market rally in past 2 yrs

Large part of gains in two years accrued to top companies in metals, IT, pharma and realty

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Insurers must reimburse Customs under marine policy

The National Commission ordered the insurer to pay the Rs 16.65 cr together with interest at 9% per annum from January 1

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BJP fields "fearless" Priyanka Tibrewal to take on CM Mamata in her den

The party also announced the names of Milan Ghosh and Sujit Das for Samserganj and Jangipur seats respectively.

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Trading orangutans for palm oil

Palm oil can be guaranteed to cause some degree of environmental degradation, wherever it is cultivated

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Important that Taliban adheres to no-terrorism commitment: India at UNSC

The Security Council resolution has underlined that Afghan territory should not be used to threaten or attack any country or to shelter or train terrorists, or to plan or to finance terrorist acts

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Manyavar owner Vedant Fashions files IPO with Sebi to raise funds

The IPO is purely an offer for sale of 36,364,838 equity shares by promoter and existing shareholders

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Semiconductor chip shortage: Industries face further output cuts and delays

Auto sector to be among the most affected by the crisis

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Hindu temple attack in Pakistan: Trial of 85 suspects begins

The trial of 85 suspects allegedly involved in an attack on a Hindu temple in Pakistan's Punjab province began at an anti-terrorism court on Friday

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United Nations' computer networks breached by hackers earlier this year

The hackers' method for gaining access to the UN network appears to be unsophisticated: They likely got in using the stolen username and password of a UN employee purchased off the dark web

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PM Modi chairs high-level Covid meet, urge states to ensure O2 availability

States are being asked to maintain a buffer stock for drugs used in management of COVID-19, mucormycosis, MIS-C at the district level

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Cash, commodity volumes drop; futures and options continues to grow

The peak margin norms have been implemented in phases since December 2020

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BioNTech to seek approval soon for vaccine for 5-11 year old children

BioNTech has said it expected to file its regulatory dossier on the five to 11 year olds in September.

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US Justice Dept sues in bid to void Texas' restrictive anti-abortion law

The 27-page complaint, filed Thursday in federal court in Austin, seeks both an immediate and permanent injunction against the law, which bars almost all abortions after the sixth week of pregnancy

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US Treasury Secy Yellen warns of financial risk if debt ceiling not raised

Yellen has campaigned for congressional action and has warned that the Treasury would probably reach the borrowing limit sometime next month.

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Amazon takes a swipe at Elon Musk, says SpaceX flouting regulations

Musk's SpaceX and Bezos's Kuiper Systems are before the FCC with rival satellite constellations in low-earth orbit to provide broadband internet access.

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European Union meets Taliban to discuss limited diplomatic presence

The memo says the protection of facilities and convoys is the most complicated issue to sort out and that the return of any officials would not mean recognition of the Taliban government

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Women can't be ministers, they should give birth: Taliban spokesperson

"A woman can't be a minister, it is like you put something on her neck that she can't carry," the Taliban spokesperson said

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Afghanistan on brink of universal poverty, urgent efforts needed: UN

Adds Taliban response to Afghan protests becoming very violent

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Prez Biden calls China's Xi for 1st time in 7 months over dead-end talks

Leaders spoke to ensure competition does not veer into conflict: White House

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Sri Lanka's central bank governor Lakshman resigns amid reserves crisis

Sri Lanka did not immediately announce a successor to Lakshman, who took up the post in December 2019. The government said he would step down on Tuesday

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Rise of Taliban raises serious security concerns for India, region: Rajnath

Defence Minister Rajnath Singh on Friday conveyed to his Australian counterpart Peter Dutton that the rise of Taliban raises serious security concerns for India and the region

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Dealers foresee intraday volatility in rupee due to taper tantrum

Rupee had risen rapidly last week of August, closing at 73 a dollar level on August 31, from 74.2 level on August 26 after Fed Chair Powell indicated he was in no hurry to raise rates

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ECB trims Covid-19 pandemic support but insists there's 'no tapering'

The ECB did so by slowing the pace of its Pandemic Emergency Purchase Programme (PEPP), which has kept borrowing costs low as governments took on unprecedented amounts of debt

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MSP hikes need to be supplemented by higher yields, say experts

Business Standard looks at the MSP hikes of main rabi crops in the last 10 years and their percentage rise compared to previous years

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Facebook is developing a machine learning chip, says report

The company has developed another chip for video transcoding to improve the experience of watching recorded and live-streamed videos on its apps, according to the report

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Air defence boost: Indian Air Force gets first Indo-Israeli missile

IAI has designed and developed 70-80 per cent of the MRSAM, including the Elta MF-STAR radar, which forms the heart of the system

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NCP minister Chhagan Bhujbal discharged in Maharashtra Sadan scam case

The ACB has claimed that the original cost estimate for Maharashtra Sadan was Rs 13.5 crore, but it was later increased to Rs 50 crore

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Govt likely to reintroduce the TMA scheme for farm exporters

A person aware of the matter said that the decision was taken in a meeting on 'export logistics Issues and their resolution'

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Sensex, Nifty end marginally higher in volatile trade; Bharti Airtel gains

Benchmark indices Sensex and Nifty managed to end in positive territory after fighting bouts of volatility on Thursday as investors followed risk-off mode in global markets. After a volatile trade, the 30-share Sensex ended 54.81 points or 0.09 per cent higher at 58,305.07 -- its all-time closing high. The NSE Nifty rose 15.75 points or 0.09 per cent to settle at 17,369.25. On the Sensex chart, Bharti Airtel was the top gainer, followed by Nestle India, Tata Steel, Bajaj Finserv, HCL Tech and ITC. On the other hand, Titan, UltraTech Cement, Bajaj Auto, HDFC Bank and Axis Bank were among the laggards. Of the Sensex constituents, 18 shares logged gains and 12 suffered losses. During the holiday-truncated week, the Sensex rose 175.12 points or 0.30 per cent, while the Nifty advanced 45.65 points or 0.26 per cent. Sectorally, telecom, power, utilities, capital goods and metal indices rose up to 2.40 per cent. On the other hand, realty, consumer durables, bankex and finance ended in

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Caste: A best-in-class political asset

'Defying Nehru and Ambedkar, caste is stronger today than ever before', says the author

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CPPIB sells 2.3% stake in SBI Life Insurance Company

The shares were sold at Rs 1,171 apiece

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Why has India's growth slowed?

The slowdown in growth is primarily on account of the banking crisis

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