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The government has notified an agreement between Air India and a special purpose vehicle for transferring the carrier's non-core assets, marking another step in the national airline's takeover by the Tata Group on Thursday. Ratan Tata, chairman of the salt-to software conglomerate, is likely to meet Prime Minister Narendra Modi before the takeover. India recorded 286,384 new cases of Covid-19 and 573 deaths from ...
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India recorded 3,06,064 new Covid-19 cases and 439 related deaths in the last 24 hours, according to the Union Ministry of Health and Family Welfare on Monday. While daily cases are fewer than those logged on Sunday when there were more than 3.33 lakh infections, the daily positivity rate climbed to 20.75 per cent. The weekly positivity rate also climbed from 16.87 ...
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Delhi has not reported any new case of the Omicron variant for two days now, maintaining a tally of 513 infections so far, data showed on Monday. Meanwhile, the city recorded 22,751 new Covid-19 cases and 17 deaths on in the last 24 hours. The total positivity rate on Sunday went to 23.53 per cent. The number of active cases stood at 60,733 while ...
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Stock markets were deep in the red and some key government bond yields climbed to their highest in years on Thursday after the Federal Reserve signalled the possibility of faster-than-expected US rate hikes and stimulus withdrawal. The 10-year Treasury note’s yield briefly topped 1.75%, approaching its 2021 high, deepening one of the biggest weekly selloffs in U.S. government debt in ...
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India on Wednesday confirmed its first death linked to the Omicron variant of Sars-CoV-2 after a deceased Udaipur resident’s sample showed presence of the virus. Meanwhile, cases continued to climb sharply across major cities – Mumbai’s fresh Covid cases breached the 15,000 mark, up almost 40 percent from Tuesday, while Delhi’s cases nearly doubled to 10,665. The country had 214,004 ...
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Gold consolidated above the key $1,800 per ounce level on Tuesday, after a sharp retreat in the last session, as some investors sought cover from pandemic-led uncertainty, inflation and its likely impact on the US Federal Reserve’s rate hike trajectory. But in New Delhi, the yellow metal plunged by Rs 302 to Rs 46,814 per 10 gram, reflecting the overnight decline ...
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More than 40 lakh children in the age group of 15 to 18 years received their first vaccine dose against COVID-19 on January 3 - the first day of the widened immunisation drive, as infections inch up again in the country. Announcing the same, Union Health Minister Dr Mansukh Mandaviya tweeted: "Well done Young India! Over 40 Lakhs between 15-18 age group received their ...
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Indian investment bankers are set for their best year ever, collecting almost 26 billion rupees ($347 million) in fees from local initial public offerings that have reached an all-time high in 2021. A little over 110 companies ranging from online grocers to food delivery and beauty startups listed their shares in Mumbai this year, raising almost $18 billion, according to data compiled ...
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With Omicron cases on the rise, New York health officials have reported an increase in hospitalized children, as the White House promised Sunday to quickly resolve the United States’ Covid-19 test shortage. The New York State Department of Health warned “of an upward trend in pediatric hospitalizations associated with Covid-19,” in a statement Friday. In New York City, it “identified ...
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By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Thursday extended the deadline for wiping off card data on merchant sites and applying tokenisation by another six months as merchants and payments companies expressed their inability to meet the December 31 deadline. In a statement on its website, the central bank said “at the request of industry stakeholders”, the timeline ...
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