Economy

Dubai : FICCI LEAD, a technology and business incubator of the Federation of Indian Chambers of Commerce & Industry (FICCI), and the Dubai International Financial Centre (DIFC) recently inked a landmark MoU to launch the 'India-UAE…
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New Delhi : Civil aviation regulator, the Directorate General of Civil Aviation (DGCA) on Tuesday warned airlines against offering unserviceable seats to passengers on their domestic and international flights. "This is to inform that it…
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New Delhi : There is thinking in the Central government to hire a private sector executive to head ONGC, as per media reports. In February, the centre set up a search-cum-selection committee to choose a chairman-cum-managing director…
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Chennai : In a big boost to the infrastructure sector in Tamil Nadu, Prime Minister Narendra Modi on May 26 will dedicate to the nation five projects, and also lay the foundation stone of other projects, worth over Rs 31,400 crore at…
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Chennai : Government-owned and listed insurer, the New India Assurance Company Ltd closed FY22 with a net profit of Rs 164.27 crore, down from Rs 1,604.69 crore logged during FY21. The company's solvency margin also dropped to 1.66 times…
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New Delhi : The Supreme Court has stayed the National Green Tribunal (NGT) order, imposing Rs 15 crore penalty on a bottling unit of Coca Cola company. A bench of Justices L. Nageswara Rao, B.R. Gavai, and A.S. Bopanna said: "There shall…
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San Francisco : After a week-long mayhem in the global crypto exchanges that wiped out hundreds of billions of dollars, a senior official at the International Monetary Fund (IMF) has said that the regulators must put up guardrails to…
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New Delhi : As many as seven brokerage houses and investment firms have given a "buy" call for Aditya Birla Capital shares as the financial services provider recently reported a healthy earnings in Q4 and for the entire fiscal. They are…
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New Delhi : Indian equity benchmark indices traded in a narrow range on Tuesday and settled marginally in the red. The Sensex closed at 54,052.61 points, down 236 points, or 0.43 per cent, whereas Nifty was at 16,125.15 points, down…
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New Delhi : Intensity of spending in information technology (IT) by BFS (Banking and Financial Services) firms continues to be strong going into 2022, following a good year in 2021, said brokerage house Kotak Securities. "For example,…
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