More From Economy
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IGL hikes CNG, PNG prices in THESE cities | Check revised rates
October 12, 2021 23:53 ISTThe revised rates will come into effect from October 13th at 06:00 AM.
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RBI bans Srei Infra auditor Haribhakti & Co for two years
October 12, 2021 22:45 ISTThe action has been taken against the firm for failure to comply with a specific direction issued by the RBI with respect to its statutory audit of a Systemically Important Non-Banking Financial Company (NBFC), the central bank said in a statement.
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70% grocery merchants join e-commerce during festive sale: Flipkart Wholesale
October 12, 2021 21:19 IST"The Big Billion Days, which concluded on October 10, 2021, witnessed a 70 per cent e-commerce adoption by kiranas across the country compared to the same period last year.
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Emerging from 'very tough' 2nd wave, India keeps top global spot with 9.5% GDP growth
October 12, 2021 20:28 ISTIndia’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections.
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Gold Price Today: Gold rises Rs 129; silver declines Rs 120
October 12, 2021 18:57 ISTIn the previous trade, the precious metal had settled at Rs 46,157 per 10 gram. In contrast, silver prices declined by Rs 120 to Rs 60,369 per kilogram from Rs 60,489 per kilogram in the previous trade.
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Retail inflation falls to 4.35 per cent in September
October 12, 2021 17:58 ISTThe Consumer Price Index-based (CPI) inflation was at 5.30 per cent in August and at 7.27 per cent in September 2020.
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Thailand’s Central Retail bags two major awards
October 12, 2021 16:23 ISTThailand’s leading retail group, Central Retail has once again bagged the two prestigious regional awards -- Asia’s Best Employer Brand Awards and IDC Future Enterprise Awards Thailand.
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Govt asks CIL to raise coal supply to power plants during Puja, augment it further after October 20
October 12, 2021 15:55 ISTThe development assumes significance in the wake of the country's power plants grappling with coal shortages in the country at a time when the festival season has already begun.
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Rakesh Jhunjhunwala-backed Akasa Air gets Aviation Ministry nod to fly
October 12, 2021 8:02 ISTThe Ministry of Civil Aviation has granted NOC for the operation of Rakesh Jhunjhunwala-backed new airline Akasa Air.
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RBI imposes Rs 30 lakh penalty on Pune-based Janata Sahakari Bank
October 11, 2021 22:33 ISTThe penalty has been imposed for non-compliance with specific directions issued by RBI under the Supervisory Action Framework (SAF) and RBI directions on 'Frauds in UCBs: Changes in Monitoring and Reporting mechanism'.
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FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings
October 11, 2021 21:05 ISTAs part of official visit to the US, Nirmala Sitharaman will also address investors including large pension funds and private equity players and will invite them to participate in India's growth story.
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Reserve Bank retains 3-member advisory committee for Srei group companies
October 11, 2021 20:11 ISTAfter superseding the boards of SIFL and SEFL last Monday, the Reserve Bank had appointed a three-member advisory committee to assist Rajneesh Sharma, administrator of the two crisis-ridden firms.
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Gold Price Today: Gold declines Rs 59; silver tumbles Rs 196
October 11, 2021 19:36 ISTIn the previous trade, the precious metal had settled at Rs 46,097 per 10 grams. Silver prices also tumbled Rs 196 to Rs 60,369 per kg, from Rs 60,565 per kg in the previous trade.
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Air India privatisation: Rs 16,000 crore unpaid bills to go to govt's AIAHL
October 11, 2021 18:36 ISTAir India Assets Holding Ltd (AIAHL), which will hold non-core assets of Air India such as land and building, will also be saddled with 75 per cent of the airline's debt that the Tata Group is not taking over.
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India gets 3rd set of Swiss bank details under automatic info exchange framework
October 11, 2021 15:49 ISTThe Federal Tax Administration (FTA) of Switzerland said in a statement on Monday that the exchange of information this year involved 10 more countries -- Antigua and Barbuda, Azerbaijan, Dominica, Ghana, Lebanon, Macau, Pakistan, Qatar, Samoa and Vauatu.
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Coal shortage: Govt scrambles all resources to meet demand; 4 reasons behind pan-India power crisis
October 11, 2021 11:17 ISTCoal shortage: The daily average coal requirement at the power plants is about 18.5 lakh tonnes per day whereas the daily coal supply has been around 17.5 lakh tonnes.
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Nifty hits all-time high of 18,000; Sensex trades above 60,300-mark
October 11, 2021 11:02 ISTNSE Nifty on Monday hit an all-time high of 18,000 while the BSE Sensex was placed above 60,300 in the morning trade.
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Power crisis to continue through festive season? Coal India scrambles to meet rising demand
October 11, 2021 8:58 ISTThe coal shortages at power plants had come at a time when production from Coal India, which meets almost 80 per cent of the fuel needs of the country, had fallen owing to the long monsoon this year.
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Fuel on fire: Petrol, diesel prices hike for 7th day in a row
October 11, 2021 8:03 ISTOn September 28 for gasoline and September 24 for diesel, a three-week respite
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Diesel price crosses Rs 100 in Kerala; Centre's fuel policy draws flak
October 10, 2021 22:03 ISTPetrol price was hiked by 30 paise per litre and diesel by 35 paise a litre, according to a price notification of state-owned fuel retailers
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Centre imposes stock limits on edible oils to soften prices in domestic market
October 10, 2021 14:15 ISTAs per the order issued to all states, state governments and union territories will decide the stock limit to be imposed on edible oils and oilseeds after taking into account the available stock and consumption pattern of that particular state or UT.
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Fuel rates skyrocket as petrol, diesel prices hike for 6th consecutive day | Check revised rate
October 10, 2021 9:44 ISTPetrol prices in Mumbai saw a rise to Rs 110.12 per litre while Diesel now costs Rs 100.66 a litre
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Fuel prices at all-time high after fifth consecutive hike; diesel crosses ₹100-mark in Mumbai
October 09, 2021 12:11 ISTPrior to the July/August price cuts, the petrol price was increased by Rs 11.44 a litre between May 4 and July 17.
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Gold Price Today: Gold gains Rs 50; silver tumbles Rs 922
October 08, 2021 19:28 ISTIn the previous trade, the precious metal had settled at Rs 45,909 per 10 grams. In contrast, silver prices declined by Rs 922 to Rs 59,834 per kg, from Rs 60,756 per kg in the previous trade.
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KV Subramanian steps down as Chief Economic Adviser
October 08, 2021 18:06 ISTKV Subramanian on Friday stepped down from his post as Chief Economic Adviser (CEA), following the completion of his three-year tenure.
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RBI retains economic growth forecast at 9.5 for FY22
October 08, 2021 17:45 ISTIn his address after the three-day meeting of the rate-setting panel, RBI Governor Shaktikanta Das said recovery in aggregate demand gathered pace in August-September, and it is reflected in high-frequency indicators, like railway freight traffic; port cargo; cement production; electricity demand; e-way bills; GST and toll collections.
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Air India finds a new address: Chronology of Air India privatisation
October 08, 2021 17:17 ISTThe international service was among the first public-private partnerships in India, with govt holding 49 pc, the Tatas keeping 25 pc and the public owning the rest.
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Odisha announces 11% DA hike for govt employees, pensioners
October 08, 2021 16:54 ISTWith this, the DA of the employees and pensioners has been increased from 17 per cent to 28 per cent. The hiked DA will be credited in the October salary, the Chief Minister's Office (CMO) said in a statement.
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Sanjiv Goenka identifies man in viral Bengali family's rickshaw video, calls it 'heartening'
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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