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Posted in Economy

Budget 2020-21: New tax regime, growth & welfare boost, fiscal prudence

The Union Budget 2020-21, presented by Finance Minister Nirmala Sitharaman, laid out an expansive roadmap for India’s economic and social transformation in the early years…

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2019 Interim Budget: Farm income boost, tax sops, big focus on macro stability

The Interim Budget 2019–20, called interim because it was presented in an election year, laid out a wide-ranging agenda that sought to cover farmers, the…

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The Groww app on a smartphone. Groww's share price surged as much as 12.87% to  ₹162.65 apiece on the vote of confidence from Jefferies. (Bloomberg)
Posted in Business

India’s Robinhood? Groww shares surge 13% after Jefferies initiates ‘Buy’ rating| Business News

Groww has the makings to become India’s Robinhood, Jefferies said in a note on Friday, initiating coverage of the newly listed stock with a “buy”…

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India’s net direct tax collections rise 8% to Rs 17.05 lakh cr this FY till Dec 17

India’s net direct tax collections rose 8% to Rs 17.05 lakh crore so far in the current financial year, helped by steady growth in corporate…

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Budget 2019-20: Fiscal discipline, structural reforms, a mega projects road map

Budget 2019-20, presented by Nirmala Sitharaman, outlined a vision for taking India to the next level — towards becoming a $5 trillion economy. The Budget…

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Signage at an ICICI Prudential AMC branch in Delhi. (Bloomberg)
Posted in Business

ICICI Prudential AMC shares surge nearly 23% over IPO price on listing day| Business News

Shares of ICICI Prudential Asset Management Co. Ltd. surged by nearly a fourth on debut as investors bet on higher mutual fund investments in the…

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File photo of BYD electric cars being loaded on ships for export at a port in China. Image has been used for representational purpose. (AFP)
Posted in Business

How Chinese cars are beating European tariffs| Business News

WHEN THE European Union increased tariffs on Chinese battery electric vehicles (EVs) in 2024, the logic was straightforward: raise prices and imports will fall. A…

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The rupee is heading towards its sharpest yearly fall since 2022. (AFP)
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Rupee strengthens to under 90/dollar after nearly a week after RBI steps in| Business News

The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in…

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Bank of Japan Governor Kazuo Ueda. (Reuters)
Posted in Business

Bank of Japan hikes benchmark interest rate to highest level since 1995| Business News

The Bank of Japan raised its benchmark interest rate to the highest in 30 years and said more increases are in the pipeline if conditions…

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In the first week of December, IndiGo cancelled about 4,500 flights due to poor pilot roster planning. (Reuters)
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IndiGo share price in focus as it faces CCI probe after mass flight cancellations| Business News

Shares of InterGlobe Aviation Ltd. are in focus today after the Competition Commission of India said it was reviewing allegations of anti-trust violations by IndiGo…

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