Finance Minister Nirmala Sitharaman on Monday reviewed the progress of the National Monetisation Pipeline (NMP) in a meeting here with top officials from various ministries and NITI Aayog. The finance minister in August last year had announced a Rs 6 lakhFinance Minister Nirmala Sitharaman on Monday reviewed the progress of the National Monetisation Pipeline (NMP) in a meeting here with top officials from various ministries and NITI Aayog. The finance minister in August last year had announced a Rs 6 lakh
Tag: business
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Amazon Plans To Lay Off 10,000 People, In Coming Days: NYT
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces. The New York Times said in a reportTechnology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces. The New York Times said in a report
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Profitability Of Domestic Steel Makers To Rise In Dec Quarter, On Better Demand Conditions: Experts
After a challenging September quarter, the profitability of domestic steel makers in the October-December quarter is expected to improve on back of increased demand and lower input costs, analysts said. Analysts see a ray of hope in the December quarter forAfter a challenging September quarter, the profitability of domestic steel makers in the October-December quarter is expected to improve on back of increased demand and lower input costs, analysts said. Analysts see a ray of hope in the December quarter for
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Crypto: What Could More Regulation Mean, For The Future Of Digital Currencies?
The founder of the world’s largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost US$2 trillion (£1.7 trillion). “WeThe founder of the world’s largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost US$2 trillion (£1.7 trillion). “We
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Sebi Approves Adani Group’s Open Offer, For 26% Stake In NDTV
Markets regulator Sebi has approved Adani Group’s open offer to buy an additional 26 per cent stake in media firm New Delhi Television (NDTV) and the offer will commence on November 22. According to an update on Sebi’s website on Monday,Markets regulator Sebi has approved Adani Group’s open offer to buy an additional 26 per cent stake in media firm New Delhi Television (NDTV) and the offer will commence on November 22. According to an update on Sebi’s website on Monday,
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Jeff Bezos Says He Will Give Away, Most Of His Fortune
Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune. Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion,Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune. Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion,
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Fed’s Top Financial Regulator Urges ‘Guardrails’, For Crypto
The top US banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies in the wake of the swift collapse last week of FTX, a leading crypto exchange. Michael Barr, the Fed’sThe top US banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies in the wake of the swift collapse last week of FTX, a leading crypto exchange. Michael Barr, the Fed’s
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Retail Inflation Eases To 6.77% In October
The Consumer Price Index-based (CPI) inflation or retail inflation for the month of October 2022 came in at 6.77%, down from 7.41% in September, according to data released by the National Statistical Office (NSO) on November 14, 2022. Earlier, aThe Consumer Price Index-based (CPI) inflation or retail inflation for the month of October 2022 came in at 6.77%, down from 7.41% in September, according to data released by the National Statistical Office (NSO) on November 14, 2022. Earlier, a
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Global Crypto Meltdown: India Dodges Bullet Thanks, To Cautious Govt, RBI
Cryptocurrency markets worldwide have been battered with billions of dollars being wiped out but India managed to stay relatively unscathed thanks to a cautious approach of the government and the RBI. While the Reserve Bank of India (RBI) has refused toCryptocurrency markets worldwide have been battered with billions of dollars being wiped out but India managed to stay relatively unscathed thanks to a cautious approach of the government and the RBI. While the Reserve Bank of India (RBI) has refused to
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African Nations Demand More Money, For Removing Emissions
African nations want to increase how much money they receive from schemes that offset greenhouse gas emissions and are looking for ways to address the issue at UN climate talks currently underway in Egypt. Carbon offsets, where polluters can effectively cancelAfrican nations want to increase how much money they receive from schemes that offset greenhouse gas emissions and are looking for ways to address the issue at UN climate talks currently underway in Egypt. Carbon offsets, where polluters can effectively cancel