Business Line
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Moody’s cuts India growth forecast for 2021 to 9.6%
Moody’s Investors Service on Wednesday slashed India’s growth projection to 9.6 per cent for 2021 calendar year, from its earlier…
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States’ borrowing costs rise after yields touch 7 per cent says report
Notwithstanding the Rs 10,000-crore liquidity infusion through the G-Sap route by the RBI last week and fewer states tapping the…
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HC refuses to stay CCI notice to Facebook, WhatsApp in privacy policy matter
The Delhi High Court has refused to stay the Competition Commission of India (CCI) notice asking Facebook and WhatsApp to…
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Cipla gets USFDA nod for inhalation product
Drug major Cipla on Wednesday said it has received final approval from the US health regulator for Arformoterol Tartrate Inhalation…
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India signs cooperation MOU in agriculture with Fiji
Union Minister for Agriculture & Farmers Welfare, Narendra Singh Tomar and Fiji’s Minister of Agriculture, Waterways & Environment, Dr. Mahendra…
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Heineken acquires an additional 14.99% stake in UBL
Heineken International BV is likely to have acquired an additional 14.99 per cent stake in United Breweries Ltd (UBL) after…
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Cryptocurrency fills the gaps in Venezuela’s economy
As hyperinflation and U.S. sanctions disturbed Venezuela’s economy, cryptocurrency is providing services handled elsewhere by the traditional banking system.It has…
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ED transfers a portion of assets seized in Mallya, Modi cases to PSBs
The Enforcement Directorate (ED) on June 23 said that it has transferred a part of the seized assets in cases…
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The pan-European Stoxx 600 ended Monday’s session up by 0.7%,
The pan-European Stoxx having lost more than 0.8% at the start of trading. British supermarket chain Morrisons surged nearly 35%…
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UK begins talks to join Asia-Pacific free trade pact
Britain will start negotiations to join a free trade area which could grant businesses access to “some of the biggest…
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India’s unemployment rate rises again
India’s unemployment rate stood at 9.35% for the week ended June 20, up from 8.7% a week ago, but lower…
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Indian government to seek details from Swiss banks about deposits
The finance ministry on Saturday stated that Indian customer deposits in Swiss banks have fallen since 2019, but said it…
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Assam government signs a MoU with the Survey of India for implementation of the Svamitva scheme in the state
The Assam government has signed a Memorandum of Understanding (MoU) with the Survey of India for implementing the Svamitva scheme…
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Rupee falls 10 paise to 74.20 against US dollar in early trade
The Indian rupee slumped 10 paise to 74.20 against the US dollar in opening trade on Tuesday as rising crude…
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India receives $64 bln FDI in 2020, fifth-largest recipient of inflows in the world: UN
India received USD 64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world,…
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Govt notifies Rs 18,100 crore-PLI scheme for promoting manufacturing of ACC batteries
Production linked incentives for manufacturing advanced chemistry cell batteries will be offered only to those firms that have been allocated…
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Indications of revival in economic activity as states get into unlock mode says Survey
With states easing lockdown curbs due to declining number of COVID-19 cases, there are immediate indications of improvement in economic…
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Industry needs to make pricing of financial products transparent says RBI Deputy Governor T Rabi Sankar
Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Monday urged the industry to make the pricing of…
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India receives USD 64 billion in foreign direct investments (FDI) in 2020
India received USD 64 billion in foreign direct investments (FDI) in 2020, the fifth largest recipient of inflows in the…
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Government to come out with more measures to boost Indian economy
The government is open to coming out with more measures to boost the economy which has been hit by the…
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