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  India's digital currency to debut by early 2023: Government source

  February 06, 2022 12:31 IST

  A top government source, who wished not to be identified said, the digital currency issued by the RBI would be numbered in units, just like every fiat currency has an unique number.

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  Good News for policyholders! LIC offers opportunity to revive lapsed policies | Check details

  February 05, 2022 14:50 IST

  LIC offers concessions in late fee for other than term assurance and high risk plans, depending on the total premiums paid.

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  Mukesh Ambani's latest buy: A Rolls Royce costing Rs 13.14 crore

  February 05, 2022 13:29 IST

  The car, a Rolls Royce Cullinan petrol model, was registered by RIL at the Tardeo Regional Transport Office in South Mumbai on Jan 31, officials aware of the matter said.

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  Sensex falls over 140 pts; Nifty defends 17,500

  February 04, 2022 17:47 IST

  SBI was the top loser in the Sensex pack, shedding nearly 2 per cent, followed by M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC and PowerGrid.

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  Facebook stock tumbles 25%; Mukesh Ambani, Gautam Adani wealthier than Mark Zuckerberg

  February 04, 2022 11:18 IST

  Consequent to the bloodbath, Zuckerberg personally lost 23.34 pc of his net worth. At $87.7 bn, he slipped to No 12 in the Forbes real-time billionaires index- marginally behind India's Mukesh Ambani and Gautam Adani.

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  Budget 2022-23 thoughtful policy agenda for India, says IMF Managing Director Kristalina Georgieva

  February 04, 2022 8:41 IST

  “We have been projecting a quite robust growth for India. Yes, there is a small downgrade versus our previous projection from 9.5 pc to 9 pc for 2022. But then we also have a small upgrade for 2023, because we think that we'll see stable growth not very different from (those projected by) the (Union) Minister of Finance,” Georgieva said

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  Budget 2022: Businesses welcome Modi govt's futuristic vision, digital-first India

  February 03, 2022 15:48 IST

  Introduction of digital currency, investments in the construction of roads, railways, airports, ports, 400 new Vande Bharat trains, rural housing, and no change in income-tax slabs were among key announcements. Let's take a look at what different businesses have to say post-budget announcement.

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  BJP deploys office bearers, MPs to explain merits of Union Budget to masses

  February 03, 2022 11:53 IST

  MPs have been asked to hold a press conference in their parliamentary constituency on February 5, 6, 12 and 13 and the party officials in all the districts will promote the key points of the budget.

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  H&M to introduce H&M Home in India both online, offline formats

  February 02, 2022 20:31 IST

  H&M Home offers fashion-forward decor and accessories for every room and style. Its assortment ranges from high-quality bedlinen and dinnerware to diversified textiles, with contemporary style.

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  Will Bitcoin, Ethereum, NFT become legal tender? Here's what Govt says

  February 02, 2022 18:31 IST

  Bitcoin, Ethereum, or NFT will never become legal tender. Crypto assets are assets whose value will be determined between two people. You can buy gold, diamond, crypto, but that will have not have the value authorization by the government, Finance Secretary said.

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  Digital rupee proposed in Budget 2022, can be exchanged for cash: PM

  February 02, 2022 16:10 IST

  Finance Minister Nirmala Sitharaman had announced that India will launch a 'digital rupee' in 2022-23 using blockchain and other technologies.

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  Budget 2022: Centre allocates Rs 73,000 crore to MGNREGA, 25.51% lower than 2021-22 revised estimate

  February 02, 2022 11:04 IST

  FM Nirmala Sitharaman had allocated Rs 73,000 cr for Mahatma Gandhi National Rural Employment Guarantee Programme in last year's budget too. However, this was later revised to Rs 98,000 cr on account of higher demand for the work.

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  Budget 2022: India to boost infrastructure in villages along China border

  February 01, 2022 23:12 IST

  The announcement comes in the backdrop of the lingering border standoff in eastern Ladakh and concerns in the security establishment over China setting up villages in several sectors close to the Line of Actual Control (LAC).

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  Budget 2022-23 focusses on climate change, talks of transition to 'carbon neutral' economy | Details

  February 01, 2022 23:49 IST

  The Government proposed to introduce Digital Rupee, using blockchain and other technologies, to be issued by the Reserve Bank of India starting 2022-23 for more efficient and cheaper currency management system.

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  Budget 2022: From digital universities to TV Channels for classes, what education industry will see

  February 01, 2022 22:48 IST

  The overall financial allocation for the education sector for 2022-23 has increased to Rs 1.04 lakh crore from Rs 93,224 crore (Budget estimate) in 2021-22 as the minister laid emphasis on digital modes of education to reverse learning losses caused by the coronavirus pandemic. The revised estimate for 2021-22 is Rs 88,001 crore.

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  Budget 2022: What's in store for India's EV market

  February 01, 2022 22:06 IST

  The government also announced to bring a battery swapping policy to boost use of electric vehicles in the country in view of space constraints for setting up charging stations.

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  Budget 2022: Experts question Centre push to set up 200 TV channels for classes 1-12

  February 01, 2022 23:08 IST

  Presenting the Budget 2022-23, Finance Minister Nirmala Sitharaman acknowledged that due to the pandemic-induced closure of schools, children, particularly in the rural areas, and those from Scheduled Castes and Scheduled Tribes, other weaker sections, have lost almost two years of formal education.

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  Budget 2022: Petrol, diesel prices to rise in parts of India | Check details

  February 01, 2022 21:12 IST

  Presently, 10 per cent ethanol, extracted from sugarcane or surplus foodgrain, is blended or mixed in petrol (meaning 10 per cent of ethanol mixed with 90 per cent of petrol) with a view to cutting oil import dependence and provide farmers with an additional source of income.  

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  Budget 2022: What common man needs to know | Top points

  February 02, 2022 8:20 IST

  Finance Minister Nirmala Sitharaman presented Budget 2022 on Tuesday announcing that digital currency, 5G services will be launched by next year, new Vande Bharat trains but no change in tax slabs. Let's take a look at what a common man needs to know about Modi government's budget.

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  Budget 2022: Rs 5.25 lakh crore allocated for defence

  February 01, 2022 20:48 IST

  In another announcement, Finance Minister said that an independent nodal umbrella body will be set up for private players to meet their requirements for testing and new technologies and to get the certification. The overall defence budget of 5,25,166 crore including Rs 1,19,696 crore for defence pensions is an increase of 9.8 per cent compared to last year's total outlay.

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  Budget Day: Sensex rallies 848 pts, Nifty above 17,500

  February 01, 2022 18:56 IST

  Markets in China and South Korea were closed for a holiday. Stock exchanges in Europe were trading on a firm note in mid-session deals.

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  Budget 2022: Why didn't government change personal income tax rates? FM Sitharaman answers

  February 01, 2022 18:52 IST

  The basic personal tax exemption limit in the personal income tax was last revised in 2014. Notably, personal income tax is one of the most keenly awaited announcements in the Budget every year.

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  Ex-FM Chidambaram calls budget speech 'most capitalist ever', says word 'poor' occured only twice

  February 01, 2022 17:51 IST

  Chidambaram claimed that today's speech by Sitharaman was the 'most capitalist' speech made by any finance minister. 

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  'MP who ran away from UP...': Sitharaman's stinging attack on Rahul Gandhi over 'Zer0' Budget remark

  February 01, 2022 19:26 IST

  Finance Minister Nirmala Sithraman slammed Rahul Gandhi for his 'Zer0 Sum Budget' remark at Modi government saying that she will take criticism but not from someone who hasn't done his homework.

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  Budget 2022: Delhi Police allocated Rs 10,355 cr

  February 01, 2022 23:00 IST

  The Delhi Police was allocated Rs 8,654.26 crore in 2021-22.

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  Budget 2022: DESH-Stack e-portal to boost skill development; digital university to be set up

  February 01, 2022 17:25 IST

   The digital university will be built on a networked hub-and-spoke model, with the hub building cutting-edge ICT expertise. The best public universities and institutions in the country will collaborate as a network of hubs and spokes, Finance Minister Nirmala Sitharaman stated.

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  Budget 2022: Relief for startups! Govt extends tax incentives by one year

  February 01, 2022 17:28 IST

  The Finance Minister said that Startups have emerged as a growth driver for the economy. Citing the Covid-19 pandemic, she said that the tax incentives for startups are increased from three years to four years of incorporation.

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  Explained | From digital university to e-passports: Budget 2022 is a tech boost for Indian economy

  February 01, 2022 18:38 IST

  This year's budget gave further impetus to sustain India's economic and digital growth. The union budget for 2022 is expected to give a major boost to the Indian economy.