Economy
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The Governor of the Bank of Israel sees risks in the Delta Variant but expects economic normalcy by the end of 2022.
The Governor of the Bank of Israel Amir Yaron said that considering the current purchases the program is expected to…
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Amazon launches IP Accelerator programme in India to help businesses secure trademark
E-commerce major Amazon on Sunday announced the launch of its Intellectual Property Accelerator (IP Accelerator) programme in India to provide…
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GR Infraprojects to open IPO on July 7
GR Infraprojects, the road engineering, procurement and construction (EPC) company, has decided to open its initial public offering of 1,15,08,704…
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Fourth Partner Energy raises USD 125 mn
Hyderabad-based Fourth Partner Energy on Wednesday said it has raised USD 125 million from Norwegian investment fund, Norfund and existing…
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India to see 300 million tonnes steelmaking capacity by 2030-31
National Steel Policy 2017 also expects 160 kgs per capita steel consumption in the next 10 years 30th June 2021:…
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HC upholds TRAI’s tariff order of 2020
The Bombay High Court on Wednesday upheld the constitutional validity of a tariff order passed by the Telecom Regulatory Authority…
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CredR raises $6.5 million in its latest round led by Yamaha Motors
Bengaluru-based Incredible Technologies Private Ltd (CredR) has raised Rs 48.1 crore ($6.5 million) in its latest round led by Yamaha…
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DGCA extends ban on international flights till July 31
The DGCA has extended the ban on scheduled international flights till July 31. The Directorate General of Civil Aviation (DGCA) said…
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The answer to a crisis is to put money in hands of people: Chidambaram on govt package
A day after Finance Minister Nirmala Sitharaman announced a package to support the pandemic-hit economy, senior Congress leader P Chidambaram…
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RBI directs cooperative banks not to outsource core management
The Reserve Bank of India on Monday directed cooperative banks not to outsource core management functions such as policy formulation,…
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US announces additional COVID-19 aid of $41 million to India
The US has announced an additional $41 million assistance to help India tide over the second wave of coronavirus and…
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Mehul Choksi not yet fugitive economic offender, Bombay HC asks PMLA Court to wait for 3 weeks
The Bombay High Court, on June 18, extended its interim relief order for Mehul Choksi in the Prevention of Money…
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Sensex jumps over 150 pts to fresh high; Nifty crosses 15,900
Equity benchmarks Sensex and Nifty scaled fresh intra-day records in opening trade on Monday, tracking gains in heavyweights Reliance Industries,…
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India’s business activity picking up faster after second wave compared to last year says Nomura
Higher mobility suggested a pickup in services, especially transportation, reinforcing the view that May was the worst hit by the…
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Indian economy improves in may
India’s economy showed more signs of cooling in May, but the weakness is already beginning to dissipate of late as…
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Pharmeasy raises an additional $300 million from investors, aims for IPO in 6-18 months
Pharmeasy has raised an additional $300 million from its existing investors, largely to fund its acquisition of Thyrocare, Siddharth Shah,…
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Asian markets lower after Wall Street recovers to new high
Asian stock markets declined Monday after Wall Street hit a new high as investors looked ahead to manufacturing indicators from…
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Maruti Suzuki launches vehicle subscription services in 4 more cities
On Monday, the country’s largest carmaker Maruti Suzuki India said it has expanded its vehicle subscription services to four more…
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US economy grows 6.4% in Q1
The US economy grew at a solid 6.4% rate in the first three months of the year, setting the stage…
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RBI’s hoarding of forex reserves over currency concerns will be counter-productive
The Reserve Bank of India (RBI)’s foreign exchange reserves have been increasing sharply, suggests new data. Since April 2020, the…
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