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Rising prices have wiped out the healthy pay increases, that many Americans have been receiving, making it harder for lower-income families to afford basic expenses

Govt doesn't want to run Vodafone Idea; existing promoters to manage operations: CEO

The statement comes after Vodafone Idea’s shares crashed follwoing its decision of converting about ₹16,000 crore interest dues liability payable to the government into equity

De Beers to focus on South India as demand for diamond increases in the region

Expecting to grow in double digits in 2022 given the pent-up demand, says De Beers India managing director Sachin Jain

Rupee gains 16 paise to 73.78 against U.S. dollar in early trade

In the previous session, the rupee had settled at 73.94 against the greenback

Sensex climbs about 400 points to reclaim 61K-level in early trade

On the Sensex chart, UltraTech Cement, RIL, IndusInd Bank, Bharti Airtel, Kotak Bank and Tata Steel were among the major gainers

The Government bailout of Vodafone Idea

What changes have been approved for Vodafone Idea? How much of a role will the Government play in the functioning of the telecom operator?

Corporate profitability likely fell in Q3 after 11 quarters: Crisil

‘But, revenue momentum sustained by price increases’

‘December fuel use shows little growth’

India’s fuel consumption showed negligible growth in December, ahead of fresh curbs kicking in to control the surge of a new variant of COVID-19

Households expecting higher inflation affects bank savings: RBI paper

Sentiment shapes consumption patterns, savings: RBI paper

BVG India to foray into new segments, mulls IPO

BVG India Ltd., an integrated services company, has lined up expansion plans in various segments to tap the potential of the Indian facility

Curbs imposed on Enoxaparin, IVIG exports

DGFT imposes curbs on export of two drugsThe Centre has imposed restrictions on export of anticoagulant Enoxaparin and Intra-Venous Immunoglobulin

India agrees to allow import of U.S. pork products, says Tai

Move follows resumption of Indian mango exports to U.S.

Retail sales rise 7% over pre-pandemic level: RAI

‘Pace of growth drops on COVID wave’

India discusses trade barriers with South Korea

Employment possibilities for English teachers and IT professionals also were on agenda

GlobalBees adds three brands in portfolio

GlobalBees, an e-commerce company said it has added three new brands to its portfolio with unspecified investment in healthy-snack food brand, The

Sresta Natural Bioproducts files draft papers for IPO

The company is in the business of procuring, processing, manufacturing, marketing and research and development of organic food products.

Income tax returns filing deadline for corporates extended till March 15

The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15.

IMF names UC-Berkeley’s Pierre-Olivier Gourinchas as next chief economist

As Economic Counsellor, Pierre-Olivier Gourinchas will serve as director of the IMF’s Research Department

Recykal raises $22mn from Morgan Stanley, existing investors

Existing investors Circulate Capital, Vellayan Subbiah and Arun Venkatachalam from the Murugappa Family also participated in this round, the company said in a release.

This decade will see India leading global economic growth: Chandrasekaran of Tata Sons

Pandemic taught us a lesson about sustainability, environment protection

Court dismisses SpiceJet’s appeal against order to wind up

The Madras High Court however, extended the interim stay granted till Jan 28, to allow the airline to prefer a further appeal in the Supreme Court

Indian economy to see 9.5% growth this fiscal: Arvind Virmani

Mr. Virmani noted that COVID-19 pandemic hit economic recovery and pushed for tax reforms.

WTO General Council discusses India’s call for holding virtual Ministerial meet on COVID-19 pandemic response

WTO is a 164-member multilateral body which formulates rules for global exports and imports and adjudicates disputes between two or more than two countries on trade-related issues.

Vodafone Idea shares crack 19% after board offers 35.8% stake to governemnt

If the plan goes through, then the government will become the biggest shareholder in VIL

Rupee gains 13 paise to 73.92 against U.S. dollar in early trade

In the previous session, the rupee had settled at 74.05 against the greenback.

Vodafone Idea board approves 35.8% equity allotment to govt.

Move as per scheme offered by DoT for settlement of dues.

Sensex revisits 60,500-level in opening deals; Nifty tops 18,000

On the Sensex chart, HDFC, NTPC, Sun Pharma, HCL Tech, UltraTech and Tech Mahindra emerged as prominent gainers, rising as much as 1.69%