Economy

New Delhi : The US Fed has fallen significantly behind the curve and that substantial monetary restraint is now needed, said Deutsche Bank in a report. Notably, the US is currently witnessing a rise in inflation. "Inflation is too high…
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New Delhi : Amid power cuts in various states, the government-owned National Thermal Power Corporation said on Friday that all six units of Dadri and five units of Unchahar are running at full capacity. The NTPC, in a statement, said:…
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Seoul:  Samsung's management and its workers agreed to an average 9 percent pay raise in wages for the year, sources said on Friday, ending 11 rounds of negotiations since February. The world's largest memory chip and smartphone maker…
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New Delhi:  M3Ms Pankaj Bansal says, "no doubt, real-estate developers with sufficient land-parcels and holistic business-model will carry an edge for buyers. Uniquely, M3M India has a bank of over 2,200 acres of land-parcels that has…
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Panaji:  The Goods and Services Tax (GST) Council's group of ministers (GoM) on online gambling, race courses and casinos will look to recommend best global practices while assessing taxability on services like online gaming, horse racing…
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New Delhi: The much-awaited 47th Goods and Services Tax (GST) Council meeting, with its focus on GST rate restructuring and extension of GST compensation cess, will now possibly be held in the first week of May, once the Union Finance…
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Chennai:  Rural fintech player Spice Money on Friday said it has tied up with Religare Broking Ltd to facilitate rural populace to apply for shares of Life Insurance Corporation of India (LIC). The life insurance giant is coming out with…
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Beijing: More than six years after China's shock 2015 devaluation roiled global markets and spurred an estimated $1 trillion in capital flight, the yuan is weakening at a similar pace, says a media report. Onshore, it has lost nearly 4…
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Chennai:  A video of scantily clad women dancing at an event of a government owned bank in a Goa hotel has drawn the ire of a major banking union. C.H.Venkatachalam, General Secretary, All India Insurance Employees Association (AIBEA)…
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New Delhi:  Indian equity benchmarks rose marginally in early trade on Friday. At 9.46 a.m., Sensex was 0.3 per cent up at 57,668 points, whereas Nifty was 0.1 per cent up at 17,263 points. Even though the indices are in the green,…
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