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  RBI continues to mitigate COVID-19 impact on economy, says Dy Governor Michael D Patra

  January 29, 2022 9:49 IST

  "We are on course to becoming among the fastest-growing economies of the world, but there is far to go," Dy Governor Michael D Patra said.

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  India's largest container ship 'APL Raffles' berthed in Mundra Port | Here are its features

  January 28, 2022 23:23 IST

  The port offers 26 berths and two single-point moorings with an annual capacity to handle 248.82 MMT cargo with dedicated terminals for different cargo and commodity types.

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  Sensex succumbs to late sell-off, ends 77 pts lower

  January 28, 2022 20:42 IST

  Starting off on a high note, the 30-share index soared to trade briefly above the key 58,000-level in afternoon trade, before plunging to a low of 57,119.28. After fighting bouts of volatility towards the fag-end of the session, the index finally closed 76.71 points or 0.13 per cent lower at 57,200.23.

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  SpiceJet gets breather as SC stays Madras HC's winding up order

  January 28, 2022 14:08 IST

  The Supreme Court on Friday asked SpiceJet to try settling with Credit Suisse as it stayed the Madras HC order asking the airline to wind up its operations.

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  Google to invest USD 1 bn in Airtel; to buy 1.28% stake for USD 700 mn

  January 28, 2022 13:03 IST

  Out of the total investment, USD 300 million will go towards implementing commercial agreements, which will include investments in scaling Airtel's offerings that covers a range of devices to consumers via innovative affordability programs as well as other offerings aimed at accelerating access and digital inclusion across India's digital ecosystem.

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  Budget 2022: Sitharaman to present 2nd paperless budget, no halwa ceremony

  January 28, 2022 11:59 IST

  Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in a paperless form for the second time on February 1. Earlier, the Union Budget of 2021-22 was delivered in paperless form for the first time.

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  Sensex sinks 581 pts as hawkish Fed roils global markets

  January 27, 2022 20:33 IST

  The 30-share BSE index ended 581.21 points or 1.00 per cent lower at 57,276.94. Similarly, the broader NSE Nifty plunged 167.80 points or 0.97 per cent to 17,110.15.

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  Tatas gets loan commitment from SBI-led consortium for Air India

  January 27, 2022 15:06 IST

  Tata Group, which won the bid to acquire the national carrier along with Air India Express and 50 per cent stake in AISATS in October last year, is expected to formally takeover the airline on Thursday.

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  Adani Wilmar IPO opens today, edible oil major plans to raise up to Rs 3,600 crore

  January 27, 2022 11:29 IST

  The public issue, comprising fresh equity shares, will open for subscription on January 27 and close on January 31.Price band is Rs 218-230 per share.

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  Tata Sons chairman Chandrasekaran meets PM Modi ahead of Air India handover

  January 27, 2022 15:03 IST

  Maharaja is the official mascot of Air India which operates globally apart from domestic operations. According to the available data in 2020, "Air India operates around 101 destinations including 57 domestic operations including 33 countries on four continents around the world."

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  Future Enterprises to sell 25 pc stake in general insurance JV to partner Generali for Rs 1,253 Cr

  January 27, 2022 9:43 IST

  FGIICL is a joint venture between Future Enterprises and Generali Participations Netherlands NV (Generali).

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  Microsoft's Satya Nadella, Google's Sundar Pichai to be honoured with Padma Bhushan

  January 25, 2022 21:51 IST

  Padma Bhushan is the third-highest civilian award in the country, after Bharat Ratna and Padma Vibhushan.

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  IMF cuts India's economy growth forecast to 9 per cent in FY22

  January 25, 2022 20:15 IST

  In its latest update of World Economic Outlook on Tuesday, the International Monetory Fund, which had in October last year projected a 9.5 per cent GDP growth for India, put the forecast for the next fiscal FY23 (April 2022 to March 2023) at 7.1 per cent.

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  Union Budget to be presented on February 1 at 11 am: Sources

  January 25, 2022 22:30 IST

  As per the Covid protocols, the Rajya Sabha will function from 10 am to 3 pm, and the Lok Sabha from 4 pm to 9 pm, except on February 1 when the Budget will be presented in Lok Sabha.

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  Budget 2022: 'Aggrevated' Telangana writes wish list to Centre, seeks Rs 14k Cr for key projects

  January 24, 2022 23:22 IST

  The Telangana government, which has been unhappy with the Central government for doing "injustice" to the state in successive budgets, has put forward the sector-wise list of demands ahead of presentation of the Union Budget on February 1. The state has reiterated many old demands.  

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  Air India to be handed over to Tata Group on January 27

  January 24, 2022 17:18 IST

  After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited.

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  Sensex nosedives 1,546 pts; Nifty tanks below 17,200

  January 24, 2022 17:17 IST

  Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red.

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  Delhi man's Rs 4.5 cr cryptocurrency fraudulently transferred to Palestine's Hamas wing

  January 24, 2022 13:54 IST

  Delhi Police traced fraudulently transfer of those cryptocurrencies of current value Rs 4.5 crore to three different foreign accounts, including one to Palestinian militant organisation Hamas.

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  Centre to release Rail Budget 2022 on Feb 1 | Here's what to expect

  January 23, 2022 22:22 IST

  Finance Minister Nirmala Sitharaman will present her fourth budget on February 1 and according to sources, the Central government is going to increase the outlay for the rail budget this time by 15-20 per cent. Last year, the government had allocated Rs 1,10,055 crore to the Railways.

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  Increase regulatory focus on cryptocurrency: Pre-Budget survey

  January 23, 2022 12:48 IST

  As per the Grant Thornton Bharat survey, nearly 79 per cent of the respondents feel that Budget FY23 should focus on regulating cryptocurrencies and NFTs.

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  'Some bright spots, number of very dark stains': Raghuram Rajan on Indian economy

  January 23, 2022 12:11 IST

  Known for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic.

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  India emerges as world's largest exporter of cucumber, gherkins

  January 23, 2022 11:14 IST

  Gherkins are exported under two categories -- cucumbers and gherkins, which are prepared and preserved by vinegar or acetic acid and cucumbers and gherkins, which are provisionally preserved.

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  Union Budget 2022: Indian startups seek friendly policies, tax incentives

  January 23, 2022 10:06 IST

  In last year's Budget, Finance Minister Nirmala Sitharaman had announced Rs 1,500 crore to further accelerate digital payments' growth in the country.

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  Amazon now offers its employees 'Pay to Quit' bonus, but there's a catch

  January 22, 2022 17:34 IST

  The headline on the offer is, Amazon founder Bezos said, “Please Don’t Take This Offer.”

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  Sri Lanka settles sovereign bond payment as reserves dwindle

  January 20, 2022 23:30 IST

  Including the latest payment, Sri Lanka has foreign debt obligations exceeding $7 billion in 2022, including repayment of another bond worth $1 billion in July.

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  Centre releases Rs 95,082 cr to states as tax devolution for January

  January 20, 2022 16:52 IST

  Poll bound states of Uttar Pradesh will receive Rs 17,056.66 crore, Uttarakhand Rs 1,063.02 crore, Punjab will receive Rs 1,718.16 crore and Goa is going to get Rs 367.02 crore along with all other states.  

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  What healthcare sector expects from Union Budget 2022

  January 20, 2022 16:17 IST

  Budget 2022: The healthcare sector wants the government to allocate funds for the development of resources to strengthen the monitoring system of the health status of the public and push the research and development to discover products to address health-related issues.

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  Reliance Jio topples BSNL as largest fixed line broadband provider

  January 19, 2022 10:59 IST

  Jio started commercial roll out of fixed line broadband service, JioFibre, in September 2019.