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Indian economy may contract by 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF
Washington: The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 percent this year, the International Monetary Fund said on Tuesday. However, Ind…
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TCS Board to consider share buyback proposal, second interim dividend in meeting on 7 October
New Delhi: India's largest IT services firm Tata Consultancy Services' board will meet later this week to consider a share buyback proposal. "...the board of directors will consider a …
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Tokyo stock markets reopen after hardware failure halted trade all day; shares seen rebounding, says expert
Tokyo : Tokyo stock markets successfully reopened on Friday after a hardware failure caused an unprecedented day-long halt to trade on one of the world's biggest exchanges. The benchmark Nikkei …
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General Atlantic to invest Rs 3,675 crore in Reliance Retail for 0.84 percent stake
US-based private equity firm General Atlantic will invest an amount of Rs 3,675 crore in Reliance Retail Ventures in exchange for a 0.84 percent stake, the third strategic investment in the retail un…
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US-China trade war: WTO says American tariffs on Beijing in 2018 broke global trade rules
Washington: A World Trade Organisation panel said on Tuesday that the United States violated international trade rules by imposing tariffs on China in 2018 in the midst of President Donald Trump’s t…
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GST Council to discuss Attorney General's opinion on compensation, says Nirmala Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the Attorney General's view on GST compensation was sought after consultation with the states and a meeting of the GST Council wou…
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GST collections fall to Rs 87,422 crore in July from Rs 90,917 crore in June
New Delhi: GST collections in July fell to Rs 87,422 crore from Rs 90,917 crore in June, according to a Finance Ministry statement. However, July collections are higher than Rs 62,009 crore in May …
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IndiGo to lay off 10% of workforce as COVID-19 hits business; affected employees to get notice, severance pay
New Delhi : IndiGo has decided to lay off 10 percent of its workforce due to the economic crisis caused by the coronavirus pandemic, its CEO Ronojoy Dutta said on Monday. "From where things sta…
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Biscuit supply remains short of demand and trends show sector likely to grow in double digits even after lockdown
For four-year old Sakshi Sharma’s father, it was imperative to stock on biscuits as it is his child’s comfort food. Just before the lockdown, Robin Sharma had bought his monthly staple of biscuits bu…
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Repositioning global supply chains out of China will not be easy; Beijing will enjoy an advantage even post-coronavirus
China has been the factory of the world for 30 long years, with its determined economic growth and stability. Due to the coronavirus pandemic, anti-Chinese rhetoric has been fomented in a number coun…
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Abu Dhabi fund Mubadala to invest Rs 9,093 cr in Jio Platforms; becomes sixth investor in Reliance Industries unit in as many weeks
Reliance Industries Limited and Jio Platforms Limited announced on Friday that Mubadala Investment Company, the Abu Dhabi-based sovereign investor, will invest Rs 9,093.60 crore in Jio Platforms at a…
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Stock market today LIVE Updates: Markets open in green, Sensex up over 600 points, Nifty above 9,750-mark; Asian stocks reach 3-month peaks
09:29 (IST) Escorts Y-O-Y sales down #JustIn | Escorts reports a 3.4% drop in year-on-year sales for the month of May, at 6.594 units Vs 6,827 units (YoY) #AutosSales pic.twitter.com/zeR3QvrN9…
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Stock market today LIVE Updates: Markets open weak, Sensex down over 300 points, Nifty opens below 9450; Wipro announces new CEO
09:13 (IST) How to get PAN card easily Getting a PAN has never been this easy. All you need, is your Aadhaar number. Just visit the e-filing portal of IT Department & follow the steps provid…
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Stock market today LIVE Updates: Sensex up 200 points, Nifty above 9,350-level in opening session; bank stocks in focus
09:29 (IST) Log 9 Materials’ ‘CoronaOven’ goes global Log 9 Materials, a nanotechnology start-up, has decided to go global with its indigenously manufactured “CoronaOven” product range. ‘CoronaOve…
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Boeing cuts 12,000 jobs, resumes production of grounded 737 Max; reveals plans for more layoffs
Washington: Boeing is cutting more than 12,000 US jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. Shortly …
