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Renault begins commercial sales of SUV Kiger

Renault begins commercial sales of SUV Kiger

The all-new Renault Kiger is currently available for bookings across the company's dealership network of over 500 outlets pan-India besides through its website, Renault India said.

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Govt can cut excise duty on fuel by Rs 8.5

Govt can cut excise duty on fuel by Rs 8.5

Petrol and diesel prices hover at a historic high following a relentless increase in rates over the past nine months. There have been calls by opposition parties as well as sections of society to the government to reduce excise duty to ease consumer pain.

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Jet slots: NCLT orders DGCA to file affidavit

Jet slots: NCLT orders DGCA to file affidavit

Senior Counsel, Shyam Mehta, appearing for the DGCA and Ministry informed the Mumbai bench of NCLT that there is no immediate slot available but if the successful bidder Kalrock-Jalan consortium applies, then the ministry will consider their application affirmatively to help them to revive the company.

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Jio, Airtel to benefit from auction: Analysts

Jio, Airtel to benefit from auction: Analysts

With the auctions over, the key things to be monitored would be Vodafone Idea Ltd's (VIL) balance sheet and its potential capital raise, signals of price hike, launch of a Jio-Google smart phone, and 5G spectrum auctions, they noted.

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A blockchain template for govt to use

A blockchain template for govt to use

The Ministry of Electronics and IT (MeitY) has released a draft policy on blockchain to regulate the technology and its deployment in public and private use cases. Whereas the telecom regulatory authority of India (TRAI) has already deployed the distributor-ledger technology (DLT), which is one the largest use-cases of blockchain to control spam SMS traffic.

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Now you can take the Covid vaccine 24x7

Now you can take the Covid vaccine 24x7

People can now get vaccinated round-the-clock according to their convenience, he said in a tweet, adding that Prime Minister Narendra Modi values the health as well as the time of the citizens of the country.

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Fuel prices unchanged for 4th straight day

Fuel prices unchanged for 4th straight day

Accordingly, petrol continues to be priced at Rs 91.17 a litre and diesel Rs 81.47 a litre in the capital. Across the country as well the petrol and diesel price remain unchanged.

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40 Telangana sites too faced hacking

40 Telangana sites too faced hacking

The malware had entered 40 substations, but efforts by the hackers were successfully thwarted by state government agencies.

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Turkey taps Pak’s China ties for tech boost

Turkey taps Pak’s China ties for tech boost

A deal would get NATO-member Turkey closer to some of China’s military technology. Pakistan builds its JF-17 fighter jets with China and is said to have adapted Chinese designs for its Shaheen ballistic missile.

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MSI service network crosses 4,000 outlets

MSI service network crosses 4,000 outlets

"We have established a relationship of high trust with customers over the past three decades. The creation of over 4,000 service touch-points is a testimony to our commitment for customer convenience and customer first approach," MSI Executive Director (Service) Partho Banerjee said in a statement.

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Past winter season third warmest

Past winter season third warmest

"In general, this is the impact of climate change. In recent years, you'll find that the temperature has risen." M. Mohapatra, director-general of the India Meteorological Department, told ET.

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India's services growth at one-year high

India's services growth at one-year high

The India Services Business Activity Index rose to 55.3 in February from 52.8 in January. A figure above 50 indicates expansion, while a sub-50 reading shows contraction.

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'Senior management pay a ticklish issue'

'Senior management pay a ticklish issue'

In the UK, the jurisdiction of the bank’s parent organisation, more than 75% of shareholders have to vote in favour of the CEO compensation, Daruwalla said, addressing the virtual panel hosted by the Confederation of Indian Industry.

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Track insurance complaints online now

Track insurance complaints online now

In a statement the finance ministry noted that under the amended rules, the timeliness and cost-effectiveness of the redressal mechanism has been substantially strengthened.

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'Take vaccines, continue with Covid protocols’

'Take vaccines, continue with Covid protocols’

"This is an emergency that we’re all talking about, where time is critical. Every day people are getting infections, many are dying of them. We have not gone through a pandemic earlier, and there’ll be viewpoints and positions, and we can debate and discuss those."

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How India Inc prepares for climate change

How India Inc prepares for climate change

Millennials are extremely conscious about their choices and have learned through our Deloitte 2020 Millennial survey, that they’ve overcome their perception that we were past the point of no return, owing to the environmental improvements that the pandemic helped influence.

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Biden brings no relief between US, China

Biden brings no relief between US, China

From Iran to Russia, Europe to Latin America, Biden has sought to cool tensions that rose during President Donald Trump's four years in office. Yet, there have been no overtures to China.

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Jio buys spectrum for Rs 57,123 crore

Jio buys spectrum for Rs 57,123 crore

The operator which had earlier announced that it is 5G ready said it newly bought spectrum can be used for 5G services as well.

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View: Some useful economic history lessons

View: Some useful economic history lessons

PM Nehru viewed economic self-sufficiency as necessary for the preservation of political freedom. He held that depending on imports for railways, airplanes and guns amounted to being slaves of foreign countries. “Whenever these countries wished they could stop sending these things … we would thus remain slaves.”

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Weather puts Indian banks' $84B debt at risk

Weather puts Indian banks' $84B debt at risk

SBI, HDFC Bank, IndusInd Bank and Axis Bank are among the institutions that reported climate risks to nonprofit environmental disclosure platform CDP in 2020.

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'List to qualify for a Covid jab too limiting'

'List to qualify for a Covid jab too limiting'

An expert committee under All India Institute of Medical Sciences director Randeep Guleria which worked on a formula assessed the severity of comorbid conditions for people below 50 years of age.

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How green are electric vehicles?

How green are electric vehicles?

Experts broadly agree that plug-in vehicles are a more climate-friendly option than traditional vehicles, they can still have their own environmental impacts, depending on how they are charged up and manufactured.

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India’s policies trade-restrictive: US

India’s policies trade-restrictive: US

In its trade agenda for 2021, Washington said that the recent Indian emphasis on import substitution through the Make in India campaign has “epitomized the challenges” facing the bilateral trade relationship though India’s large market and economic growth make it “an essential market” for many American exporters.

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Hotel occupancy falls 31% in January

Hotel occupancy falls 31% in January

Industry insiders said after the year-end frenzy in December,the performance of the Indian hotels sector was relatively subdued and grew marginally in January from the previous month.

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Oreo-maker takes Parle to court

Oreo-maker takes Parle to court

The high court has fixed April 12 as the next date of hearing of the trademark infringement case filed by US-based Intercontinental Great Brands LLC, a unit of Mondelez International Inc.

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States' debt cost falls below 7%

States' debt cost falls below 7%

With 13 states collectively raising Rs 23,378 crore at the latest auction, 28 states and two Union territories have cumulatively raised Rs 7.14 lakh crore from the market so far this fiscal. The latter amount is 31 per cent more than the year-ago period when it stood Rs 5.45 lakh crore.

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India to export def equipment to Manila

India to export def equipment to Manila

The Philippines will be the first country to receive BrahMos missiles jointly developed by India and Russia. Earlier, New Delhi had extended a $100 million defence-related line of credit to Manila. The Philippines, a key US ally for decades, has been keen to diversify sources for defence hardware, sources familiar with the country’s defence sector told ET.

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Biological E may fill supply gaps of J&J jabs

Biological E may fill supply gaps of J&J jabs

India may have to wait for bridging trialJ&J’s deal with Biological E is a global supply agreement and the company will be tapped to meet commitments in Europe and other parts of the world where the company has signed bilateral deals.

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'Waive bridging trials for fast vax rollout'

'Waive bridging trials for fast vax rollout'

In a “pandemic situation, credible evidence examined by reliable regulatory agencies in other countries may be accepted to fast-track approvals,” said K Srinath Reddy, president, Public Health Foundation of India.

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Cess, surcharge share doubles in govt's taxes

Cess, surcharge share doubles in govt's taxes

The key reason for higher growth in grants-in-aid and lower growth in tax devolution to the states is the increase in the proportion of the central cess and surcharges as they are not part of the tax devolution to the states, said the agency's Principal Economist Sunil Kumar Sinha.

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Labour strike ends at Toyota's K'taka plant

Labour strike ends at Toyota's K'taka plant

The company said that the Karnataka government and the Department of Labour, played a crucial role in facilitating the reconciliation, between all parties.

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Maha allows flexible payment of slum proj

Maha allows flexible payment of slum proj

The civic body already allows developers to pay charges in instalments. The change in norm is expected to provide relief to realty developers in terms of managing their liquidity and will help in avoiding the delays in completing the project due to financial issues.

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Policy needed for gas-based power generation

Policy needed for gas-based power generation

The experts, during the webinar on 'Why Gas Power for India? Grid firming for round-the- clock power', opined that in India gas power can complement renewables (RE) to offer decarbonization of the power sector in the near-term, and also open pathways to near-zero carbon emissions in the long-term.

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'700 MHz band can be sold in next auction'

'700 MHz band can be sold in next auction'

“The fact that in 700 MHz no bid has come is something we will see. But there is also a distinct possibility that now with 5G technology that's going to come sooner or later….In 700 MHz, the 5G ecosystem is also developing as it is developing in the mid band 3.3-3.6 GHz. If 700 MHz is not sold in this auction, nothing prevents it from being sold in the next auction,” Prakash said.

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India sees Rs 3L cr investment in ports

India sees Rs 3L cr investment in ports

"Maritime India Vision 2030 would involve an investment of over Rs 3 lakh crore, which would generate more than 20 lakh jobs and unlock annual revenue potential for major ports worth over Rs 20,000 crore," according to the Ministry of Ports, Shipping and Waterways' document.

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Fuel demand to rise by 9.8% this FY: Govt

Fuel demand to rise by 9.8% this FY: Govt

During April 2020 to January 2021, the first 10 months of this fiscal year, India's fuel consumption fell by 13.5% as lockdown measures to stem the spread of COVID-19 hit demand in the world's third biggest oil consumer.

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SC on the 'royalty' for computer software

SC on the 'royalty' for computer software

In one of the cases, Engineering Analysis Centre of Excellence Pvt. Ltd, a resident Indian end-user of shrink-wrapped computer software, directly imported from the United States of America.

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Recovery faster than expected: PEA Sanyal

Recovery faster than expected: PEA Sanyal

After contracting for two quarters in a row, the country's economy grew by 0.4 per cent in the October-December quarter of the current fiscal amid the coronavirus pandemic. The gross domestic product (GDP) had expanded by 3.3 per cent in the corresponding period of 2019-20, the data released by the National Statistical Office (NSO) showed.

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100 Safari units delivered in single day

100 Safari units delivered in single day

"We are elated to see the response coming in for the all-new Safari. The delivery of 100 Safaris on a single day is a proof of the same," Tata Motors Passenger Vehicles Business Unit Zonal Manager (North) Ritesh Khare said.

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'India aspires 50% of global ship recycling biz'

'India aspires 50% of global ship recycling biz'

The country's share in the global ship recycling business is around 30 per cent at present. He said the maritime sector in India is being propelled in a bid to make this sector a key pillar of transport, trade and infrastructure.

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Exports dip 0.25% to $27.67 bn in Feb

Exports dip 0.25% to $27.67 bn in Feb

However, gold imports surged almost 124% on-year, leading to a 7% rise in overall imports and widening the country’s trade deficit to $12.88 billion from $10.16 billion in the year ago period, preliminary data released by the commerce and industry ministry on Tuesday showed.

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Numaligarh sale: BPCL to pay shareholders

Numaligarh sale: BPCL to pay shareholders

The Board of BPCL on Monday approved the sale of the company's 61.65 per cent stake in Numaligarh Refinery Ltd (NRL) to a consortium of state-owned Oil India, consultancy firm Engineers India Ltd (EIL) and Government of Assam for Rs 9,875.96 crore.

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WB 1st phase: EC extends polling time

WB 1st phase: EC extends polling time

The decision was taken in view of the COVID-19 restrictions, an election official here said.

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S&P closely watching Covid-19 spike

S&P closely watching Covid-19 spike

Noting that similar situations in other markets have resulted in their economies going ‘back on ice’, the developments in India were especially important considering S&P has flagged the recovery and economic growth as key components to the trajectory of its sovereign credit rating profile over the next one-two years, Wood said.

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Electronics exports touch record high in Dec

Electronics exports touch record high in Dec

Of this, mobile phones remained the top contributor with exports worth Rs 3,061 crore - or roughly 35% of total electronics exports - which though is still to reach pre-Covid levels which were as high as Rs 3,254 crore.

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Flipkart expands its grocery services

Flipkart expands its grocery services

Flipkart, which competes with US e-commerce major Amazon and billionaire Mukesh Ambani-led Reliance in the country's digital commerce space, has expanded its grocery services to more than 50 cities, including Kolkata, Ahmedabad and Vellore.

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Central Board to fix floor level min wage

Central Board to fix floor level min wage

The Code on Wages prescribes for a statutory floor level minimum wage for the country. The intent is to roll out the four labour codes from April 1 this year and hence the need for determining the minimum floor wage at the earliest

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IAF set for drill in strategic Persian Gulf

IAF set for drill in strategic Persian Gulf

The IAF on Wednesday will dispatch six Sukhoi-30MKI fighters, two C-17 Globemaster-III aircraft and around 125 personnel for the high-voltage “Desert Flag” exercise, which will see participation of air forces from the US, France, South Korea, UAE, Saudi Arabia and Bahrain.

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Pfizer, Oxford vaccines reduce Covid in elderly

Pfizer, Oxford vaccines reduce Covid in elderly

The research, posted as a pre-print and yet to be peer-reviewed, estimated the effect of both the COVID-19 vaccines on laboratory confirmed symptomatic disease in individuals aged 70 years or older in England.

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SBI webinar gets favourable response in Israel

SBI webinar gets favourable response in Israel

Setting the tone of the interactive webinar, India's Ambassador to Israel, Sanjeev Singla, said, "We have had a landmark budget that marks a directional change and leverages far-reaching reforms that the government is effecting to make our economy more resilient and competitive."

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