More From Economy
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Petrol, diesel prices today: Fuel rates hiked again for 4th consecutive day
October 17, 2021 11:59 ISTSimilarly, after 4th consecutive hike, petrol and diesel have been priced at ₹106.43 per litre and ₹97.68 per litre respectively in Kolkata.
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HDFC Bank Q2 consolidated profit rises 18% to Rs 9,096 crore
October 16, 2021 15:47 ISTTotal consolidated income during the quarter under review rose to Rs 41,436.36 crore from Rs 38,438.47 crore in July-September 2020, HDFC Bank said in a statement.
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Fuel prices hit all time high as petrol, diesel rates hiked again
October 16, 2021 9:46 ISTFor the third consecutive day, the rates of petrol and diesel were increased by Rs 0.35 in the national capital.
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Coal ministry to augment fuel supply to power sector from captive mines
October 15, 2021 16:25 ISTThe coal ministry on Friday said it has taken various measures, including diverting the output from captive coal mines, to augment fuel supply to the power sector.
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Take steps to keep edible oil prices in check: Centre tells states
October 15, 2021 9:37 ISTThe Centre has already slashed the basic duty on crude palm oil, crude soyabean oil and crude sunflower oil from 2.5 per cent to nil.
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Fuel prices skyrocket as petrol retails at Rs 106/L in Delhi; Rs 110 in Bengaluru, Hyderabad
October 15, 2021 8:55 ISTIn Mumbai, petrol prices were raised by ₹0.34 to ₹111.09 per litre while diesel by ₹0.37 to ₹101.78 per litre.
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India has faced Covid crisis with resilience and fortitude: Nirmala Sitharaman
October 15, 2021 8:05 ISTAccording to the International Monetary Fund’s World Economic Outlook, India is estimated to be the fastest-growing major economy in 2021, projected to grow at 9.5 per cent in 2021 and 8.5 per cent in 2022.
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Confused about taking a loan? Tips on easy loan management
November 09, 2021 10:18 ISTWhile technology has revolutionised how loans are disbursed, the principles of judicious borrowing have not.
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Biz2Credit plans to invest $100 million in India over next 5 years
October 14, 2021 13:41 ISTFounded in 2007, Biz2Credit is backed by Nexus Venture Partners. In 2019, the online lending platform completed a Series B capital financing round of USD 52 million led by WestBridge Capital.
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WPI inflation eases to 10.66% in September on lower food prices
October 14, 2021 12:53 ISTWPI inflation remained in double-digit for the sixth consecutive month. In August, it was 11.39 per cent. In September 2020, inflation was 1.32 per cent.
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Sensex jumps over 350 points to hit 61,000 for first time; Nifty tops 18,200
October 14, 2021 11:06 ISTSensex rallied over 350 points in opening trade on Thursday to cross the 61,000-mark for the first time, driven by gains in index heavyweights Infosys, HDFC Bank and Reliance Industries.
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Fuel prices hike after two-days pause, petrol nears ₹111-mark in Mumbai | Check revised rate
October 14, 2021 11:04 ISTIn Mumbai, petrol rates were hiked by Rs 0.34 to Rs 110.75 per litre, and diesel by Rs 0.37 to Rs 101.4 per litre.
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Air India under Tata Group will be real challenge: IndiGo CEO Ronojoy Dutta
October 14, 2021 9:10 ISTAkasa Air, which is backed by former IndiGo president Aditya Ghosh, ace investor Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube, got NOC from Civil Aviation Ministry on Monday.
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Wipro Q2 consolidated profit up by 17% to Rs 2,930.6 crore
October 14, 2021 9:02 ISTWipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year.
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TCS to end work from home soon; asks employees to return to office by November 15
October 14, 2021 8:50 ISTTCS has requested employees to plan to get back to their deputed location by November 15.
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Relief for commoners? Govt cuts basic customs duty, agri cess on edible oil as prices spiral
October 14, 2021 8:22 ISTThe cut in import duty and cess, effective from October 14, will remain in force till March 31, 2022, the Central Board of Indirect Taxes and Customs (CBIC) said in two separate notifications.
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Infosys Q2 Net up 11.9%, raises revenue outlook on strong deal pipeline
October 14, 2021 8:14 ISTThe net profit, which is 4.4 pc higher than the preceding June quarter, came on the back of broad-based growth across verticals and geographies, strong revenue contribution from the Daimler deal, and higher adoption of digital transformation by clients.
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Infosys COO Pravin Rao set to retire, company to announce new structure soon
October 14, 2021 8:03 ISTPravin Rao will be stepping down soon, and December 11 will be his last day in the company.
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Air India Unions write joint letter to Civil Aviation Ministry, raise employee concerns
October 13, 2021 23:03 ISTAir India Unions have asked the ministry to intercede on behalf of the employees, and allow them to stay put in Air India colonies for at least one year.
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M-cap of BSE-listed companies at fresh record high of over Rs 270.24 lakh crore
October 13, 2021 13:35 ISTRallying for 5th straight session on Wednesday, 30-share BSE benchmark jumped 376.44 points to its all-time high of 60,660.75. In 5 trading days, the BSE benchmark index has gained 1,471.02 points.
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India looks at close to double-digit growth this year: Nirmala Sitharaman
October 13, 2021 13:15 ISTFinance Minister Nirmala Sitharaman has emphasised that she expects the economic growth next year to be in the range of 7.5-8.5 per cent, which will be sustained for the next decade.
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UN, World Bank, IMF in need of urgent reforms: FM Nirmala Sitharaman
October 13, 2021 10:55 ISTFinance Minister Nirmala Sitharaman has said that institutions such as United Nations, World Bank and International Monetary Fund will have to look at reforming themselves.
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Sensex rallies over 300 points in early trade; Nifty nears 18,100-level
October 13, 2021 10:02 ISTIn the previous session, the 30-share index ended 148.53 points or 0.25 per cent higher at record 60,284.31, and Nifty rose 46 points or 0.26 per cent to its fresh closing peak of 17,991.95.
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Tata Motors to raise USD 1 billion for its passenger electric vehicle business
October 13, 2021 9:13 ISTTata Motors on Tuesday entered into a binding agreement with TPG Rise Climate to raise $1 billion for its newly-incorporated subsidiary dealing with the passenger EV business.
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Tatas plan new vertical to on-board Air India post share purchase agreement
October 13, 2021 8:59 ISTTata Group has several verticals, one of which tourism and travel houses the group's interest in Indian Hotels Company, Vistara and AirAsia India.
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Power crisis: Centre looks at letting power plants to use 10 per cent imported coal blend
October 13, 2021 8:34 ISTThe government may allow power plants facing fuel shortages to blend upto 10 per cent imported coal and run their plants at optimal capacity to prevent any outages.
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India's August industrial production rises to four-month high, output higher by 11.9% YoY
October 13, 2021 8:28 ISTLow base effect, along with a rise in demand, pushed India's industrial output higher by 11.9 per cent in August, on a year-on-year basis.
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Indigo Airline-backed hotel chain Ibis opens 'Mumbai Vikhroli' with 'Aamchi Mumbai' as theme
October 13, 2021 8:17 ISTMumbai Vikhroli, the 15-floor property by the French hotel chain is a joint venture with Interglobe Hotels, the hospitality arm of the holding company of Indigo airline.
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'Ravan strikes back': Viral video shows rockets firing from burning effigy in UP's Bulandshahr
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Bulandshahr: Man jumps from 60 feet after setting himself on fire, stunt captured on video