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Handhold patients under Aarogya Suraksha until complete cure: Andhra Pradesh CM
Y S Jagan Mohan Reddy,Chief Minister,Andhra Pradesh The CM noted...
Fitch raises India”s medium-term growth estimate, cuts China”s
Fitch made upward revisions to Brazil, India, Mexico, Indonesia,...
Apple, Microsoft, among five sued over child labour deaths in cobalt mines
Five US tech giants including Apple, Microsoft and Google parent Alphabet have been named in a lawsuit over the death of child labourers in cobalt mines in the Democratic Republic of Congo.
India slips to 112th place on gender gap; in bottom 5 on health, economic fronts: WEF
The WEF said India has closed two-thirds of its overall gender gap, but the condition of women in large fringes of India’s society is precarious and the economic gender gap runs particularly deep.
Individual taxpayers likely to see tax rate cut in upcoming budget, say sources
Many groups have been urging the government to cut personal income tax rates to spur demand and lift economic growth, which sank to a six-year low of 4.5% in the July-September quarter from 7% a year ago.
IMF likely to downgrade India growth forecast significantly in January: Gita Gopinath
Mumbai: The International Monetary Fund is set to join other downbeat analysts and cut the growth estimate for India "significantly", its India-born chief economist Gita Gopinath said on December 17. The Washington-based institution had come...
UK pension insurance deals jump to record $50 billion in 2019, more in pipeline – advisers
Industry sources also expect a mammoth 11 billion pound bulk annuity deal from the British Steel Pension Scheme next year. BSPS said in an October consultation it planned to buy a bulk annuity if its funding level reached 103% on a buy-out basis – factoring in the cost of insurance.
British watchdog FCA probes data sharing in financial services
Britain’s FCA said on Tuesday that going a step further with open finance could set up “dashboards” to help consumers keep an eye on their finances, encourage shopping around for better deals, and become a means to obtain financial advice.
Pirates attack oil tanker in West Africa, kidnapping another crew
About 82% of crew kidnappings globally take place in the Gulf of Guinea, according to the IMB. The region remains a hotspot despite a worldwide decline in piracy in the first nine months of the year, compared with the same period in 2018. Passing ships have been advised to stay at least 200 nautical miles from the Gulf’s coast and preferably 250 nautical miles away, the Bureau said Monday.
Mandatory to link PAN-Aadhaar by 31 December: I-T Dept
The Supreme Court, in September last year, had declared the Centre’s flagship Aadhaar scheme as constitutionally valid and held that the biometric ID would remain mandatory for the filing of I-T returns and allotment of PAN.
Online retail sales meagre in India: WB Report
Small and medium enterprises in the region reported that removing regulatory and logistical challenges to e-commerce would increase their exports, employment, and productivity by as much as 20-30 percent. To overcome these hurdles, the report proposes reforms in areas such as payments, delivery, market access regulations, consumer protection, and data privacy, at the national, regional, and global levels
Porsche bets rich Indians will pay to show off electric cars
Porsche, which sells 350-450 cars a year in India, is looking for a boost to those figures when it launches its new Cayenne Coupe on Friday, followed by the Taycan by July. It unveiled the latter in China, Germany and Niagara Falls in September, with a starting price outside India of $150,900 and a potential base version costing below $100,000. That underscores the model’s central role in parent Volkswagen AG‘s push to become a leader in battery-powered vehicles.