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Tamil Nadu Minister Slams Nirmala Sitharaman’s “Shameless Hypocrisy”

Unique Times May 24, 2022 0

Palanivel Thiagarajan, the Finance Minister of Tamil Nadu, made no apologies for criticising Union Finance Minister Nirmala Sitharaman on Monday for “exhorting” states to reduce their share of gasoline and diesel taxes, saying his state did not need “dictation from people who Continue Reading

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Jet Airways has been granted an air operator certificate, allowing it to resume commercial flights: DGCA

Unique Times May 21, 2022 0

On Friday, the Directorate General of Civil Aviation (DGCA) granted Jet Airways the Air Operator Certificate (AOC), allowing it to resume commercial flight operations after being grounded since 2019. The “AOC” has been “granted” to Jet Airways, according to DGCA chief Arun Kumar, according to news agency PTI. Jet Airways, founded by Naresh Goyal and Continue Reading

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India’s Projected GDP Growth Down To 6.4%, Yet Fastest-Growing Major Economy: UN

Unique Times May 19, 2022 0

According to a UN report, as the Ukraine conflict has an impact on global GDP, India is expected to grow by 6.4 percent in 2022, slower than last year’s 8.8 percent but still the fastest-growing major economy, with higher inflationary pressures and uneven labour market recovery stifling private consumption and investment. In its World Economic […]Continue Reading

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To keep domestic prices low, India has banned wheat exports

Unique Times May 14, 2022 0

India has suspended wheat exports with immediate effect as part of its efforts to contain rising domestic prices. The government stated that only export shipments for which letters of credit were issued on or before yesterday’s notification would be permitted. Furthermore, according to the notification issued by the Directorate General of Foreign Trade (DGFT), the Continue Reading

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When asked to return to work, over 800 WhiteHat Jr employees resign: Report

Unique Times May 13, 2022 0

According to a report in Inc42, more than 800 full-time employees of WhiteHat Jr, a platform for learning coding, have resigned in the last two months after being asked to return to work. According to the report, these employees voluntarily resigned because they did not want to return to work. Byju’s purchased WhiteHat Jr in […]Continue Reading

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Google Maps to get ‘immersive view’ for select cities

Unique Times May 12, 2022 0

Google Maps is bringing an immersive view to the maps, with over a billion people using it to navigate. Users will be able to get a feel for a neighbourhood, landmark, restaurant, or popular venue with the new immersive view, and get used to it before going there. “Whether you’re visiting a new place or […]Continue Reading

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India’s Reliance rakes in $100bn annual revenue

Unique Times May 10, 2022 0

After reporting strong quarterly results across its energy, telecoms, and retail businesses, Reliance Industries became the first Indian company to cross $100 billion in annual revenues. Between January and March, the conglomerate, which is owned by Asia’s richest man Mukesh Ambani, reported a net profit of 162.03 billion rupees ($2.1 billion), up 22.5 percent from Continue Reading

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The Indian agency denies pressuring Xiaomi officials to make a statement

Unique Times May 7, 2022 0

The Enforcement Directorate today denied allegations made by Xiaomi India that it was forced to give statements in an alleged illegal remittances case by the probe agency. “The allegations that the statement of Xiaomi India officials was taken under duress by the Enforcement Directorate (ED) are false and without merit. On several occasions, Xiaomi India […]Continue Reading

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India’s Forex Reserves Fall Below $600 Billion, Lowest In a Year

Unique Times May 6, 2022 0

For the first time in a year, India’s foreign exchange reserves fell below $600 billion, weighed down by persistent capital outflows and rupee weakness fueled by the dollar’s recent broad surge. The Reserve Bank of India’s (RBI) latest data for the week ending April 29 showed the country’s foreign exchange reserves fell by $2.695 billion […]Continue Reading

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Nirmala Sitharaman Invites Silicon Valley to India: “Unique Opportunity”

Unique Times April 26, 2022 0

While pitching for collaboration with the US in financial services and emerging technologies in Silicon Valley, Finance Minister Nirmala Sitharaman invited investors to be a part of the country’s growth story. She said financial technology (fintech) represents a unique opportunity for sustainable and inclusive growth at a round table hosted by the Confederation of Continue Reading