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New RBI proposal for NBFC funding in IPOs to help primary issues in restoring sanity

New RBI proposal for NBFC funding in IPOs to help primary issues in restoring sanity

🕔10:46, 27.Jan 2021

The Reserve Bank of India issued a discussion paper last Friday on regulations concerning NBFCs. The crux of these regulations is to reduce significantly the arbitrage between NBFCs and banks. The other area of significance is IPO funding where currently

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Indian R-Day celebrations in UAE go virtual for 1st time

Indian R-Day celebrations in UAE go virtual for 1st time

🕔10:27, 27.Jan 2021

Abu Dhabi, Jan 27 In the wake of the raging coronavirus pandemic, India’s 72nd Republic Day celebrations in the country’s missions across the United Arab Emirates (UAE) on Tuesday took place in a virtual format for the first time ever.

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Higher allocation needed for power distribution infra in Budget FY22

Higher allocation needed for power distribution infra in Budget FY22

🕔10:01, 27.Jan 2021

New Delhi, Jan 27  The Centre needs to come up with higher budgetary allocation for power distribution infrastructure in the upcoming Union Budget, sector stakeholders and experts said. ICRA has recommended higher budgetary allocation to strengthen the power distribution infrastructure

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Bilateral vaccine deals putting WHO-led Covax at risk: Tedros

Bilateral vaccine deals putting WHO-led Covax at risk: Tedros

🕔10:00, 27.Jan 2021

Geneva, Jan 27  The World Health Organization (WHO) warned on Tuesday that bilateral deals on Covid-19 vaccines between countries and companies are putting at risk the promise of Covax, the WHO-led global initiative aimed to ensure rapid and equitable access

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Global LNG demand will be driven by Asia-Pacific: ICRA

Global LNG demand will be driven by Asia-Pacific: ICRA

🕔09:59, 27.Jan 2021

New Delhi, Jan 27  The global demand for LNG will be driven by the Asia-Pacific and particularly China, ratings agency ICRA said in a report. The assessment comes after the spot price for natural gas (spot LNG prices) rose to

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Oil and Gas sector leads profit pool, says MOFSL report

Oil and Gas sector leads profit pool, says MOFSL report

🕔09:34, 27.Jan 2021

New Delhi, Jan 27  The oil and gas sector has emerged as one of the largest contributor to the overall profit or dividend pool, said Motilal Oswal Financial Services in a report. According to MOFSL report ‘Payouts’, the oil and

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Amit Shah holds emergency meet after farmers’ violence

Amit Shah holds emergency meet after farmers’ violence

🕔20:57, 26.Jan 2021

New Delhi, Jan 26  Union Home Minister Amit Shah on Tuesday held an emergency meeting at his residence over the violence that rocked parts of the national capital during the farmers’ Republic Day parade. According to sources, the Home Secretary,

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R-Day celebrations: India displays military might, diversity

R-Day celebrations: India displays military might, diversity

🕔15:24, 26.Jan 2021

New Delhi, Jan 26  India’s military might, cultural diversity, social and economic progress were displayed during the 72nd Republic Day celebrations at the majestic Rajpath in New Delhi on Tuesday. Representing India’s strides in indigenous defence technologies, Defence Research and

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India’s 2020 GDP contraction estimated at 9.6%

India’s 2020 GDP contraction estimated at 9.6%

🕔15:23, 26.Jan 2021

New Delhi, Jan 26  India’s economy is estimated to have contracted by 9.6 per cent in 2020 due to the coronavirus pandemic. Noting that the COVID-19 crisis has wreaked havoc on labour markets in the developing world, the World Economic

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RBI proposals to restrict land financing by NBFCs: Report

RBI proposals to restrict land financing by NBFCs: Report

🕔15:22, 26.Jan 2021

New Delhi, Jan 26 The Reserve Bank’s proposals on restricting specific real estate funding by NBFCs will significantly affect land financing by them, India Ratings and Research (Ind-Ra) said in a report. In a recent discussion paper, the RBI proposed to

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Vax visa: Global protocol in works to reopen international travel

Vax visa: Global protocol in works to reopen international travel

🕔15:19, 26.Jan 2021

New Delhi, Jan 26  Global parlays on additional safety measures required for reopening of international flight operations are underway. Accordingly, talks have started at the International Air Transport Association on “ways and means” to restart the economically important business activity.

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India celebrates R-Day, Prez unfurls flag at Rajpath

India celebrates R-Day, Prez unfurls flag at Rajpath

🕔11:49, 26.Jan 2021

New Delhi, Jan 26  As India celebrated its 72nd Republic Day on Tuesday, President Ram Nath Kovind unfurled the national flag and received the customary 21-gun salute at Rajpath. The 21-gun salute was presented by the Ceremonial Battery of 223

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India’s 72nd Republic Day

India’s 72nd Republic Day

🕔11:35, 26.Jan 2021

New Delhi, Jan 26  The dictionary defines the word Republic “as a government in which supreme power resides in a body of citizens entitled to vote and is exercised by elected officers and representatives responsible to them and governing according

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PM leads nation in paying tributes to martyrs at National War Memorial

PM leads nation in paying tributes to martyrs at National War Memorial

🕔11:17, 26.Jan 2021

New Delhi, Jan 26  Prime Minister Narendra Modi lead the nation in paying tributes to the fallen soldiers by offering a wreath at the National War Memorial at the India Gate on the occasion of 72nd Republic Day on Tuesday.

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ITBP’s R-Day march with Tricolour at 17,000 ft

ITBP’s R-Day march with Tricolour at 17,000 ft

🕔11:16, 26.Jan 2021

New Delhi, Jan 26  The Indo-Tibetan Border Police (ITBP) personnel braved inhospitable conditions in Ladakh on Tuesday when they marched with the national flag on the frozen water body at 17,000 feet above the sea level to celebrate Republic Day.

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‘Jai Hind’, Modi wishes nation on Republic Day

‘Jai Hind’, Modi wishes nation on Republic Day

🕔11:14, 26.Jan 2021

New Delhi, Jan 26  Prime Minister Narendra Modi on Tuesday extended his greetings to the citizens of India as the country marked its 72nd Republic Day. In a tweet both in English and Hindi, the Prime Minister said: “Wishing all

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Transport ministry nod to levying ‘Green Tax’ on polluting vehicles

Transport ministry nod to levying ‘Green Tax’ on polluting vehicles

🕔11:13, 26.Jan 2021

New Delhi, Jan 26 The Union Minister for Road Transport and Highways Nitin Gadkari on Monday said his department has approved a proposal to levy “Green Tax” on old vehicles that are polluting the environment. He said that the proposal will

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President hails farmers, scientists and soldiers on R-Day eve

President hails farmers, scientists and soldiers on R-Day eve

🕔11:11, 26.Jan 2021

New Delhi, Jan 26  On the eve of Republic Day, President Ram Nath Kovind said justice, liberty, equality, and fraternity, outlined in the Preamble of the Constitution, are sacred to everybody in the nation. The President said in his speech:

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Govt may offer relief to NRIs/foreign visitors over residency status

Govt may offer relief to NRIs/foreign visitors over residency status

🕔11:09, 26.Jan 2021

New Delhi, Jan 26  The government proposes to offer relief to individuals who have been facing difficulty with the status of their residency in India under the provisions of the Income Tax Act due to the lockdown and suspension of

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UN expects India’s economy to recover by 7.3% this calendar year

UN expects India’s economy to recover by 7.3% this calendar year

🕔07:38, 26.Jan 2021

United Nations, Jan 26  The United Nations sees the Indian economy recovering by 7.3 per cent this calendar year after a coronavirus-driven fall of 9.6 per cent last year. The UN’s World Economic Situation and Prospects 2021 report released on

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