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  Petrol, diesel prices hiked by 80 paise per litre each for second day. Check new rates

  March 23, 2022 7:26 IST

  Earlier on Tuesday, the central government had hiked the prices of petrol and diesel prices by 80 paise a litre each while domestic cooking gas LPG rates were increased by Rs 50 per cylinder.

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  Zomato issues clarification over 'instant 10-minute food delivery' announcement outrage

  March 22, 2022 12:20 IST

  On Monday, company founder Deepinder Goyal had announced that Zomato will soon start instant 10-minute food delivery, which attracted a lot of criticism.

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  Fitch slashes FY23 India growth forecast to 8.5 pc on high energy prices

  March 22, 2022 10:16 IST

  In its Global economic Outlook-March 2022, Fitch said the post-COVID-19 pandemic recovery is being hit by a potentially huge global supply shock that will reduce growth and push up inflation.

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  LPG price hiked by Rs 50 per cylinder; first increase since October 2021

  March 22, 2022 8:24 IST

  Sources said a 5 KG LPG cylinder will now cost Rs 349 while the 10 kg composite bottle will come for Rs 669.

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  Petrol, diesel prices hiked after 137 days hiatus; LPG dearer by Rs 50 | Check new rates

  March 22, 2022 11:07 IST

  In the national capital Delhi, petrol price is at Rs 96.21 per litre and diesel now costs Rs 87.47 per litre. With the new price hike, petrol in Mumbai will now cost Rs 110.82 per litre, while diesel will cost Rs 95 per litre.

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  Food delivery in 10 minutes! Zomato announces world's first 'fastest' doorstep ordering

  March 21, 2022 22:59 IST

  Zomato recently acquired Blinkit (earlier Grofers) which delivers groceries in 15-20 minutes.

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  Crypto mining cost not to be allowed as deduction under IT Act

  March 21, 2022 20:42 IST

  The 2022-23 Budget has brought in clarity concerning the levy of income tax on crypto assets. From April 1, a 30 per cent I-T plus cess and surcharges will be levied on such transactions in the same manner as it treats winnings from horse races or other speculative transactions.

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  Link PAN to Aadhaar by March 31, or face penalty of Rs 10,000

  March 21, 2022 23:18 IST

  The government has set a deadline of March 31, 2022, for linking PAN card to Aadhaar.

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  LIC IPO: Govt files updated draft papers with Q3 financials

  March 21, 2022 17:09 IST

  In the run-up to the mega IPO, on February 13, the government had filed the draft red herring prospectus (DRHP) with the regulator giving details of financial results till September. The DRHP got Sebi approval early this month.

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  Airbus in talks with Tatas, Indian carriers for A350XWB aircraft

  March 21, 2022 16:29 IST

  A350XWB aircraft can travel above 8,000 nautical miles, with a flying time of approximately 18 hours in one flight. 

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  Ola Electric invests in Israeli battery tech firm StoreDot

  March 21, 2022 16:07 IST

  Ola will also have exclusive rights to manufacture batteries integrating StoreDot’s fast charging technology in India, the company said. The company, however, did not disclose financial details. 

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  Diesel price hiked Rs 25 per litre for bulk users, no change in retail

  March 22, 2022 11:02 IST

  Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the usual practice of ordering directly from oil companies, widening the losses of retailers.

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  Pune-Thane based start-up group with Rs 6,000 crore annual turnover raided by I-T department

  March 20, 2022 14:27 IST

  The group has a pan-India presence having an annual turnover exceeding Rs 6,000 crore. A total of 23 premises were covered in Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh, in the search operation.

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  With no rise in petrol, diesel prices by govt oil companies, private players not happy

  March 20, 2022 12:57 IST

  In the past several weeks, the prices of crude oil in the international market had reached up to $140 per barrel, most recently last week. Though it fell down to $110 again but it's still way more than $80 per barrel earlier, causing losses to public sector companies as the government is not allowing petrol, diesel prices to rise for over 120 days now, says Dr. Sudhir Bisht, International crude oil expert.

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  Sensex jumps over 1,000 pts, Nifty breaches 17,200

  March 17, 2022 16:39 IST

  The 30-share BSE index closed 1,047.28 points or 1.84 per cent higher at 57,863.93. Likewise, the NSE Nifty surged 311.70 points or 1.84 per cent to end at 17,287.05.  

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  Moody's slashes 2022 India growth estimate to 9.1%

  March 17, 2022 13:55 IST

  In its Global Macro Outlook 2022-23 (March 2022 Update) titled: Economic Growth will suffer as fallout from Russia's invasion of Ukraine builds, the rating agency said that India's growth is likely to be 5.4 per cent in 2023.

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  BSE reaches 10-crore registered investor accounts mark

  March 17, 2022 16:35 IST

  Established in 1875, BSE, formerly known as Bombay Stock Exchange, is Asia's first stock exchange. In 2017, it became the 1st listed stock exchange of India.

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  Gautam Adani adds $49 billion wealth in 2021, higher than Jeff Bezos, Elon Musk

  March 17, 2022 11:00 IST

  Mukesh Ambani, who runs the oil-to-retail conglomerate Reliance Industries, continues to be the richest Indian with a wealth of USD 103 billion, a 24 per cent rise year-on-year.

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  Sensex rallies over 1,000 pts, Nifty nears 17,000

  March 16, 2022 17:50 IST

  The 30-share BSE index closed at 1,039.80 points or 1.86 percent higher at 56,816.65. Likewise, the NSE Nifty jumped 312.35 points or 1.87 percent to end at 16,975.35.

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  Russia Ukraine war fallout: Steepest hike ever of 18% in jet fuel price

  March 16, 2022 15:59 IST

  The increase - sixth straight this year - led to prices soaring past the Rs 1-lakh-per-kilolitre mark for the first time ever.

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  Zomato to provide Rs 1,145 crore loan to Grofers India, acquires 16.66% stake in Mukunda Foods

  March 16, 2022 9:36 IST

  Zomato said in a regulatory filing that its board has delegated the authority to its senior management to decide the key terms of the loan and execute the definitive documents at a future date.

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  Amazon is bringing us to our knees, we're broke: Future Retail to SC

  March 15, 2022 16:01 IST

  Senior advocate Harish Salve, representing Future Retail, submitted before a bench headed by Chief Justice N.V. Ramana that nothing has been transferred and the rent for the shops have not been paid for over two years.

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  Don't politicise GST council, says FM Nirmala Sitharaman

  March 15, 2022 14:14 IST

  Sitharaman said GST Council is a body in which every finance minister from every state sits and decides on how the disbursements happen.  

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  Russia's share of arms import to India fell from 69% in 2012-17 to 46% in 2017-21: Report

  March 15, 2022 14:11 IST

  Globally, Russia's arms exports fell by 26 per cent between 2012–16 and 2017–21, and its share of global arms exports decreased from 24 per cent to 19 per cent. Russia delivered major arms to 45 states in 2017–21

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  N Chandrasekaran, chairman of Tata Sons, officially appointed chairman of Air India

  March 14, 2022 18:02 IST

  N Chandrasekaran reappointment as the chairman of Tata Sons - the holding company of the salt-to-software Tata Group - for a second five-year term in February this year. His appointed as Air India chairman came following a board meeting on Monday.

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  Exports up 25.1 percent to USD 34.57 billion in Feb; trade deficit widens to USD 20.88 billion

  March 14, 2022 16:09 IST

  Imports during the month too jumped 36 percent to USD 55.45 billion, with inbound shipments of petroleum and crude oil surging 69 percent to USD 15. 28 billion.

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  Delhi court sends former NSE CEO Chitra Ramkrishna to 14-day judicial custody

  March 14, 2022 15:02 IST

  The Delhi ordered that former NSE CEO Chitra Ramkrishna be physically produced before the court next on March 28.

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  February WPI inflation rises to 13.11%; in double digits for 11th month

  March 14, 2022 14:57 IST

  Inflation in food articles, however, eased to 8.19 per cent in February from 10.33 per cent. Vegetable inflation was 26.93 per cent in February, against 38.45 per cent in the previous month.