Economy

New Delhi:  The Cabinet Committee on Economic Affairs on Wednesday approved the equity infusion of Rs 1,500 crore in Indian Renewable Energy Development Agency Limited (IREDA). IREDA is a mini ratna (Category-1) company under the…
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Mumbai: There has been a significant growth in adoption as well as deepening of digital payments across the country, showed the Reserve Bank of India - Digital Payments Index (RBI-DPI) on Wednesday. Accordingly, the index reading for…
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New Delhi:  India's civil aviation regulator, the DGCA, on Wednesday extended the ban on scheduled international commercial flights till February 28, 2022. At present, India suffers from a third Covid wave which is said to be driven by…
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New Delhi:  JioFiber added 0.19 million subscribers to become the number 1 operator in the fixed broadband segment in just about two years from commercial launch, with 4.34mn FBB subs. JioFiber's market share improved 85bp month on month…
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Chennai:  Cured of Covid-19 and wanting to buy a life insurance policy? Then wait for a period ranging from one to three months, say life insurers. This has been the practice of some life insurers during the first wave of Covid-19 and…
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New Delhi:  Shares of Japanese technology giant Sony have slumped in Tokyo trade after Microsoft said it plans to buy mega games company Activision Blizzard, BBC reported. The deal worth $68.7 bn, would be Microsoft's biggest ever buyout…
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New Delhi:  Union Budget 2022 will focus on gradual fiscal consolidation while pushing public capex, creating a conducive environment for private capex, and raising resources via strategic divestments, Morgan Stanley said in a report.…
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New Delhi:  The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on the National Stock Exchange extended their losses from the previous session and traded in the red on Wednesday. At 10.30 a.m., Sensex traded at 60,368…
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New Delhi:  The Gem and Jewellery Export Promotion Council (GJEPC) has urged the Centre to reduce import duty on precious metals such as gold, silver and platinum from 7.5 per cent to 4 per cent. The suggestion was part of the Budget…
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New Delhi:  Renewed restrictions on operating hours of malls, non-essential stores and curtailment of mobility amid the third Covid wave is expected to shave-off 8 per cent of fashion retailer's revenues in FY22. According to ratings…
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