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  Gold imports up 6.4 pc to USD 13 billion in April-July this fiscal

  August 19, 2022 12:21 IST

  The gems and jewellery exports during the first four months of the current fiscal grew by about 7 per cent to USD 13.5 billion.

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  Rupee falls 19 paise to close at 79.64 against US dollar

  August 18, 2022 16:36 IST

  Rupee falls: At the interbank foreign exchange market, the local currency opened at 79.60 and moved in a range of 79.60 to 79.71 during the day. It finally ended at 79.64 against the greenback, down 19 paise over its previous close.

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  Rupee falls 23 paise to 79.68 against US dollar in early trade

  August 18, 2022 10:54 IST

  The rupee depreciated 23 paise to 79.68 against the US dollar in opening trade on Thursday.

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  Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business

  August 18, 2022 10:54 IST

  This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment.

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  Gautam Adani to address Forbes Global CEO Conference in Singapore

  August 17, 2022 16:52 IST

  Some 400 leading CEOs, entrepreneurs and investors are expected to convene at the 20th Forbes Global CEO Conference.

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  Union Cabinet enhances ECLGS corpus by Rs 50,000 crore to Rs 5 lakh crore

  August 17, 2022 16:39 IST

  In the 2022-23 Union Budget, there was a proposal for raising the limit of ECLGS from Rs 4.5 lakh to Rs 5 lakh crore to help hospitality sector hit by the coronavirus pandemic.

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  Sensex settles above 60,000 mark; logs 4th day of gains

  August 17, 2022 16:18 IST

  The 30-share BSE index jumped 417.92 points or 0.70 per cent to settle at 60,260.13. During the day, it climbed 481.04 points to 60,323.25.

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  Airtel pays Rs 8,312.4 cr to DoT to clear 4-yr instalment in advance for 5G spectrum

  August 17, 2022 12:46 IST

  The country's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore worth of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with Rs 87,946.93 crore bid.

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  Sensex crosses 60,000 mark in early trade; Nifty above 17,873 level

  August 17, 2022 10:55 IST

  Foreign Institutional Investors (FIIs) were net buyers in the Indian capital market as they bought shares worth Rs 1,376.84 crore on Tuesday, according to exchange data.

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  Apple threatens to sack employee over viral TikTok video: Report

  August 16, 2022 22:02 IST

  According to a report in The Verge, Apple employee Paris Campbell said she was told that she breached the company "policy by identifying herself as an Apple employee and posting about Apple-related topics".

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  Why restaurants should recover service charges from consumers as 'separate levy', asks Delhi HC

  August 16, 2022 15:08 IST

  The high court was hearing an appeal by the Centre against a single judge's order staying its guidelines prohibiting hotels and restaurants from levying service charges automatically on food bills. It listed the matter for hearing on August 18.

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  Amul, Mother Dairy milk variants to be costlier by Rs 2 per litre

  August 17, 2022 6:58 IST

  Amul, Mother Dairy milk price rise: In March, Mother Dairy increased milk prices by Rs 2 per litre in the Delhi-NCR (National Capital Region).

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  WPI inflation eases to 13.93 per cent in July

  August 16, 2022 13:26 IST

  To tame stubbornly high inflation, the RBI has hiked the key interest rate three times this year to 5.40 per cent.

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  SpiceJet enters into settlement agreement with aircraft lessor Goshawk Aviation, affiliates

  August 16, 2022 11:48 IST

  SpiceJet said the settlement will allow the entry into service of two more fuel-efficient Boeing 737 MAX aircraft into the SpiceJet fleet.

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  Adani Logistics to acquire ICD Tumb from Navkar Corp for Rs 835 cr

  August 16, 2022 11:17 IST

  Strategically located, Tumb serves both Hazira port and Nhava Sheva port along the Western DFC surrounded by industrial units of Gujarat Industrial Development Corporation (GIDC) and Maharashtra Industrial Development Corporation (MIDC).

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  DA hike! Good news for govt employees of THIS state; 3% hike in dearness allowance cleared

  August 15, 2022 14:06 IST

  DA hike: Some 9.38 lakh employees of the state government, panchayat service and pensioners will get the benefit, the chief minister has announced.

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  Akasa Air will honour legacy, values, beliefs of Rakesh Jhunjhunwala, says CEO Vinay Dube

  August 14, 2022 16:01 IST

  Rakesh Jhunjhunwala death: In the high growth potential and increasingly competitive Indian civil aviation space, the trajectory of Akasa Air, which started off its first flight on August 7 on the Mumbai-Ahmedabad route, will be closely watched.

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  State govts should not give 'freebies' beyond fiscal capabilities: Former NITI Aayog VC Rajiv Kumar

  August 14, 2022 14:00 IST

  "Non-merit freebies which are the nature of giving out gifts, consumer durables. Those are to be looked at carefully and in any case should not be undertaken by the governments who have fiscal constraints," Rajiv Kumar told in an interview.

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  Rakesh Jhunjhunwala, India's 'Warren Buffett', dies at 62 | 10 Facts

  August 14, 2022 12:13 IST

  Rakesh Jhunjhunwala passes away: Born on July 5, 1960 in a Rajasthani family, Jhunjhunwala grew up in Bombay, where his father worked as a Commissioner of Income Tax. He is survived by his wife and three children.

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  Achieving 11pc growth in next decade possible if India capitalises on demography: RBI Dy Guv

  August 13, 2022 18:00 IST

  RBI growth forecast: India has a window of opportunity in terms of its demographic advantage, capability to boost manufacturing, increase in exports value as well as internalisation, Patra said while delivering a speech to celebrate 'Azadi Ka Amrit Mohotsav' organised by the Reserve Bank of India.

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  Corporate tax collection up by 34 per cent between April-July

  August 13, 2022 14:31 IST

  Business news: The tax department tweeted on corporate tax collection growth in April-July in an apparent attempt to counter criticism of the 2019 reduction in tax rates for companies which was alleged to have dented the Centre's revenue collections, impacting its spending on social welfare schemes.

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  Don't intimidate borrowers, no calling before 8 am & after 7 pm, RBI directs loan recovery agents

  August 12, 2022 21:31 IST

  RBI to borrowing agents: While issuing additional instructions to regulated entities including banks, NBFCs and ARCs, Reserve Bank (RBI) said it has observed that recovery agents are deviating from its instructions with regard to the recovery of loans.

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  Sensex, Nifty extend gains as oil & gas, metal stocks shine

  August 12, 2022 18:26 IST

  The 30-share BSE index ended 130.18 points or 0.22 percent higher at 59,462.78 as 13 of its constituents ended in the green.

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  Retail inflation eases to 6.71% in July as compared to 7.01% in June

  August 12, 2022 18:45 IST

  Retail inflation: In June, retail inflation was at 7.01 percent and it stood at 5.59 percent in July 2021.

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  Edible oils import jumps up 31 pc to 12.05 lakh tonnes in July

  August 12, 2022 16:34 IST

  Out of the total imports, the quantity of refined palm oil stood at 11,44,496 tonnes, crude palm oil at 36,59,699 tonnes, crude soyabean oil at 33,30,556 tonnes and crude sunflower oil at 15,03,627 tonnes.

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  Johnson & Johnson will stop manufacturing its talc-based baby powder from 2023. Here's why

  August 12, 2022 23:27 IST

  Johnson & Johnson's announcement comes after thousands of lawsuits were filed against the company by several women who claimed that the talcum-based baby powder contained asbestos and many of them developed several health issues including ovarian cancer.

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  Adani Group to Invest Rs 57,575 crore In Odisha; projects may create 9,300 direct local jobs

  August 11, 2022 21:47 IST

  Adani investment in Odisha: The High-Level Clearance Authority (HLCA) of the Odisha government, headed by Chief Minister Naveen Patnaik, approved Adani Group’s proposal to set up two projects — a 4 MMTPA Integrated Alumina Refinery and a 30 MMTPA Iron Ore (Value Addition) Project.

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  India to be fastest growing economy this yr: Govt source

  August 11, 2022 20:44 IST

  While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output.