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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