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  Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan

  April 26, 2022 1:00 IST

  Known for his frank views, Rajan also said it was important to remember that the "war against inflation" is never over.  

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  Twitter confirms sale of company to Elon Musk for $44 billion

  April 26, 2022 1:35 IST

  Billionaire Elon Musk had been pitching to buy the company in the past couple of weeks and was putting out polls on the microblogging site asking users different aspects of their experience with it. Twitter said it will become a privately held company after the sale is closed.

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  LIC IPO to open on May 4 and close on May 9: Sources

  April 25, 2022 21:58 IST

  The issue size is expected to be worth Rs 21,000 crore, valuing the country's largest insurer at Rs 6 lakh crore. 

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  Deal almost done! Twitter likely to accept Elon Musk's 'best and final' offer

  April 25, 2022 18:13 IST

  $54.20 per share is the price that Elon Musk had originally offered to the social media company and called his 'best and final'.

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  Twitter in talks with Musk over bid to buy platform: Reports

  April 25, 2022 16:33 IST

  The Times, citing people with knowledge of the situation who it did not identify, said the two sides were discussing details including a timeline and fees if an agreement was signed and then fell apart. The people said the situation was fluid and fast-moving.

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  Sensex tumbles 617 points, Nifty ends below 17,000

  April 25, 2022 16:24 IST

  The BSE benchmark Sensex dived 617.26 points or 1.08 per cent to end at 56,579.89. During the day, it plummeted 840.28 points or 1.46 per cent to 56,356.87. The broader NSE Nifty declined 218 points or 1.27 per cent to 16,953.95.

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  Was forced to buy MF Husain painting from Priyanka Gandhi for Rs 2 cr: Rana Kapoor in ED chargesheet

  April 24, 2022 9:51 IST

  Kapoor told ED that he was told by the then petroleum minister Murli Deora that the refusal to buy MF Husain painting will not only prevent him from building a relationship with the Gandhi family but also prevent him from getting 'Padma Bhushan' award.

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  Govt to sell 3.5% stake in LIC, IPO to fetch Rs 21,000 cr

  April 23, 2022 21:29 IST

  The issue size is expected to be worth Rs 21,000 crore, valuing the country's largest insurer at Rs 6 lakh crore.  

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  RBI imposes Rs 36 lakh fine on Central Bank of India for violating customer protection norms

  April 22, 2022 21:16 IST

  RBI said it had sent a notice to the bank advising it to show cause as to why penalty should not be imposed on it for failure to comply with the said directions.

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  Bears return to D-Street after 2-day rally; Sensex tumbles over 700 points, Nifty ends below 17,200

  April 22, 2022 16:27 IST

  The BSE benchmark Sensex tanked 714.53 points or 1.23 per cent to settle at 57,197.15. During the day, it plummeted 776.96 points or 1.34 per cent to 57,134.72. The NSE Nifty also declined 220.65 points or 1.27 per cent to 17,171.95.

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  No one will go to bed empty stomach in India if...: Gautam Adani

  April 22, 2022 10:34 IST

  Gautam Adani said if the economy grows as planned, the stock markets will add about $40 trillion in market capitalization which translates to an addition of $4 billion every day until 2050.

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  OneWeb inks pact with ISRO rockets for satellite launches

  April 21, 2022 11:19 IST

  The first launch with New Space India is anticipated in 2022 from the Satish Dhawan Space Centre SHAR, Sriharikota.

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  India’s high growth rate positive news for world: IMF MD Kristalina Georgieva

  April 21, 2022 7:00 IST

  The IMF, early this week, projected a “fairly robust” growth of 8.2 per cent for India in 2022, making it the fastest-growing major economy in the world, almost twice faster than China’s 4.4 per cent.

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  Biliti Electric plans to invest around Rs 1,144 crore to set up EV 3-wheeler plant in Telangana

  April 20, 2022 18:47 IST

  Biliti currently operates through an exclusive manufacturing partnership with Hyderabad-based Gayam Motor Works (GMW) for manufacturing its three-wheelers.

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  Sensex climbs 574 points after falling for five straight sessions, Nifty ends above 17,100

  April 20, 2022 16:30 IST

  Halting its five-day fall, the BSE Sensex jumped 574.35 points or 1.02 per cent to finish at 57,037.50. During the day, the index rallied 753.36 points or 1.33 per cent to 57,216.51.

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  Adani Group commits to invest Rs 10,000 crore in Bengal

  April 20, 2022 16:24 IST

  During the Bengal Global Business Summit 2022 (BGBS), Adani said the group’s investments will span world-class port infrastructure, modern data centres and undersea cables that will connect them across the oceans. 

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  Netflix mulls minimising password sharing, low-cost subscription after losing 200,000 subscribers

  April 20, 2022 16:39 IST

  In the most recent quarter, Netflix lost 640,000 subscribers in the US and Canada, prompting management to point out that most of its future growth will come in international markets. Netflix ended March with 74.6 million subscribers in the US and Canada.

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  AAP's Raghav Chadha, Ukrainian minister Fedorov in WEF's Young Global Leaders list

  April 20, 2022 15:51 IST

  The earlier members of the list have gone on to become Nobel Prize recipients, heads of state, CEOs of Fortune 500 companies, and Grammy Award winners.

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  Netflix shares see sharp drop after it loses 200,000 subscribers - Here's why

  April 20, 2022 11:50 IST

  Netflix acknowledged its problems are deep rooted by projecting a loss of another 2 million subscribers during the April-June period.

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  IMF official identifies regulating crypto, digital currency as priority mid-term issues for India

  April 20, 2022 7:54 IST

  Noting that financial markets and financial institutions are key to growth and economic development, Adrian said addressing the remaining regulatory concerns in the banking system and in the non-bank system is also very important.

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  IMF projects India's growth of 8.2% in 2022, making it world's fastest-growing major economy

  April 19, 2022 21:38 IST

  The global growth has been projected at 3.6 per cent in 2022, down from 6.1 per cent in 2021, the IMF said in its annual World Economic Outlook report released here.  

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  Citing Russia's war, IMF cuts global growth forecast to 3.6 per cent

  April 19, 2022 20:37 IST

  Central banks are raising interest rates to counter rising prices, a move that could choke off economic growth. By driving up prices of oil, natural gas, and other commodities, the Russia-Ukraine war has made the task of fighting inflation while preserving the economic recovery even trickier.

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  Sensex settles in red for fifth straight session, Nifty ends below 17,000

  April 19, 2022 16:24 IST

  Concerns over rising inflation and foreign fund outflows in the wake of the uncertain geopolitical situation also sapped investor confidence.  

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  IMF chief hails India's help to Sri Lanka amid its worst economic crisis

  April 19, 2022 12:37 IST

  Ms Georgieva also congratulated India on its successful vaccination programme to control the spread of COVID-19.

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  Biggest risk of cryptocurrency could be money laundering, its use for financing terror: Sitharaman

  April 19, 2022 10:11 IST

  Sitharaman highlighted India's performance in the digital world and the government's efforts to build the digital infrastructure framework over the last decade.

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  Home loan, personal loan EMIs set to rise as SBI hikes interest rates after 3 years

  April 19, 2022 10:09 IST

  SBI has hiked MCLR by 10 basis points on all types of retail and institutional loans. The hike will be effective from April 15.

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  $7.2 trillion of China's GDP under lockdown

  April 18, 2022 21:47 IST

  Analysts are ringing warning bells, but say investors aren't properly assessing how serious the global economic fallout might be from these prolonged isolation orders.

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  Pyramid fraud: ED attaches Rs 757 crore worth assets of Amway India

  April 19, 2022 9:17 IST

  The provisionally attached properties of Amway India Enterprises Pvt. Ltd. include land and factory building at Dindigul district in Tamil Nadu, plant and machineries, vehicles, bank accounts and fixed deposits, it said in a statement.