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  • Budget bets big on public infra: Subsidy bill falls as Covid concern eases0

    While presenting the Union Budget on Tuesday, Finance Minister Nirmala Sitharaman stressed the “overall sharp rebound and recovery” of the Indian economy from the Covid-19 pandemic. Yet this optimism did not extend to the Budget’s numbers, which assumed that nominal growth in 2022-23 would be 11.1 per cent in spite of a global inflationary environment and the

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  • ATF price hiked by 8.5%; touches all-time high

    ATF price hiked by 8.5%; touches all-time high0

    Jet fuel price on Tuesday rose to record levels across the country following a steep 8.5 per cent hike necessitated due to a spike in international oil prices. While the jet fuel or Aviation Turbine Fuel (ATF) price has been hiked for the third time in a month, petrol and diesel prices remained unchanged for

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  • PM Narendra Modi to address NCW’s foundation day programme

    PM Narendra Modi to address NCW’s foundation day programme0

    Prime Minister Narendra Modi will address the 30th National Commission for Women (NCW) Foundation Day programme on Monday via video-conferencing, his office said. The state commissions for women, the departments for women and child development in the state governments, university and college teaching faculty, students, voluntary organisations, women entrepreneurs and business associations will be part

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  • India reports over 2.35 lakh COVID-19 cases, 871 fatalities

    India reports over 2.35 lakh COVID-19 cases, 871 fatalities0

    With 2,35,532 people testing positive for the COVID-19 infection in a day, India’s total tally of cases increased to over 4.08 crore, according to the Union Health Ministry data updated on Saturday. The death toll has climbed to 4,93,198 with 871 fatalities reported during the 24-hour period, the data updated at 8 am showed. The

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  • Oil rises, headed for sixth weekly gain, amid supply concerns

    Oil rises, headed for sixth weekly gain, amid supply concerns0

    Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their policy of limited output increases amid rising fuel demand. Brent crude futures climbed 49 cents, or 0.6%, to $89.83 a barrel at 0310 GMT, after falling 62 cents during the previous day. However, prices

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  • Covishield, Covaxin prices likely to be capped at Rs 275 per dose

    Covishield, Covaxin prices likely to be capped at Rs 275 per dose0

    The prices of Covishield and Covaxin could be capped at Rs 275 per dose, with an additional service charge of Rs 150, once the two Covid-19 vaccines get regular market approval from the drug regulator, a report by news agency Press Trust of India said, quoting official sources. The National Pharmaceutical Pricing Authority (NPPA) has

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  • Republic Day 2022: When and where to watch Republic Day parade LIVE on January 26

    Republic Day 2022: When and where to watch Republic Day parade LIVE on January 260

    With the coronavirus pandemic raging, Republic Day is scheduled to be celebrated with a number of restrictions imposed by the centre and the size of the audience has also been cut down drastically. Earlier this month, a top Defence Ministry official had said, “We are promoting people to watch in the online format. The audience

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  • Annual Covid-19 vax preferred to frequent boosters, says Pfizer CEO

    Annual Covid-19 vax preferred to frequent boosters, says Pfizer CEO0

    Pfizer Inc Chief Executive Albert Bourla has said that an annual Covid-19 vaccine would be preferable to more frequent booster shots in fighting the coronavirus pandemic. Pfizer/BioNtech’s Covid-19 vaccine has shown to be effective against severe disease and death caused by the heavily-mutated Omicron variant but less effective in preventing transmission. With cases soaring, some countries have expanded

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  • Rupee gains on jobs data, bond prices down on rate hike agenda

    Rupee gains on jobs data, bond prices down on rate hike agenda0

    The Indian rupee strengthened against the US dollar, while bond prices weakened on Monday, led by different considerations. The Indian currency closed at 74.038 a dollar, up from its previous close of 74.31 a dollar. Currency dealers say the Reserve Bank of India (RBI) let the rupee appreciate at first but later intervened to mop up the

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