German insolvencies keep rising amid weak economy

German insolvencies keep rising amid weak economy

Berlin, Feb 17 - The number of insolvencies in Germany rose 26.2 per cent year-on-year in January amid a weak economy, preliminary figures published by the Federal Statistical Office (Destatis) show on Friday.

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RBI FAQs for Paytm Payments Bank customers — All you need to know

RBI FAQs for Paytm Payments Bank customers — All you need to know

Mumbai, Feb 16 - The Reserve Bank of India (RBI) on Friday issued a list of frequently asked questions (FAQs) for the convenience of the customers of Paytm Payments Bank and the general public at large to explain how the business restrictions that

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PM SVANidhi scheme loans to Delhi street vendors cross Rs 221cr mark

PM SVANidhi scheme loans to Delhi street vendors cross Rs 221cr mark

New Delhi, Feb 16 - Minister of Housing & Urban Affairs Hardeep Singh Puri said on Friday that the number of bank loans given to street vendors in Delhi under the PM SVANidhi scheme had crossed the 2 lakh mark and over Rs

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Tech industry in India hits $254 bn in revenue in FY24, adds 60K employees

Tech industry in India hits $254 bn in revenue in FY24, adds 60K employees

New Delhi, Feb 16 - The technology industry in India reached $253.9 billion in revenue with an addition of $9.3 billion incremental revenue in FY2024 (estimated), growing at 3.8 per cent from FY23, a Nasscom report said on Friday.

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SpiceJet and Busy Bee Airways bid jointly for GoFirst

SpiceJet and Busy Bee Airways bid jointly for GoFirst

New Delhi, Feb 16 - The Chairman and Managing Director of SpiceJet, and Busy Bee Airways Private Limited, have jointly submitted a bid for the cash-strapped GoFirst.

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India 3rd largest digitalized country among G20 nations: Report

India 3rd largest digitalized country among G20 nations: Report

New Delhi, Feb 16 - India now ranks as the third largest digitalised country among the G20 nations after US and China, when compared by the aggregate level of digitalisation, a new report showed on Friday, stressing that India's global ranking significantly improves

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Education Minister to inaugurate the World Universities Summit 2024 hosted by the O.P. Jindal Global University

Education Minister to inaugurate the World Universities Summit 2024 hosted by the O.P. Jindal Global University

Sonipat, Feb 16 - The three-day World Universities Summit on "Universities of the Future: A Global Partnership for Social Justice and Sustainable Development" organised by the International Institute for Higher Education Research & Capacity Building (IIHEd) of O.P. Jindal Global University (JGU), Sonipat,

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Mahindra to equip its electric platform Inglo with electric components of Volkswagen

Mahindra to equip its electric platform Inglo with electric components of Volkswagen

New Delhi, Feb 16 - Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the first supply agreement on components of Volkswagen's MEB for Mahindra's purpose-built electric platform Inglo, a company statement said.

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Gadkari unveils Rs 6,600cr worth highway projects in Odisha

Gadkari unveils Rs 6,600cr worth highway projects in Odisha

New Delhi, Feb 15 - Union Minister for Road Transport & Highways Nitin Gadkari on Thursday inaugurated and laid the foundation stones for 28 National Highway projects entailing an investment of Rs 6,600 crore, through video conferencing at an event in Shri Jagannath

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263 lakh ton of subsidized fertilizers provided to Punjab farmers in last 6 years: Govt data

263 lakh ton of subsidized fertilizers provided to Punjab farmers in last 6 years: Govt data

New Delhi, Feb 15 - Although the farmers' protest continues in Punjab, official figures showed that the Central government provided substantial aid to the farmers in the state in the last six years.

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Goyal lauds farmers’ role as agricultural exports cross $50bn, pulses output rises 60%

Goyal lauds farmers’ role as agricultural exports cross $50bn, pulses output rises 60%

New Delhi, Feb 15 - Union Minister of Consumer Affairs, Food and Public Distribution Piyush Goyal on Thursday praised the farmers of the country for the rise in production and quality of agriculture products that had made India self-sufficient in food and enabled

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Govt unveils ‘Sangam: Digital Twin’ initiative for next-age infra planning & design

Govt unveils ‘Sangam: Digital Twin’ initiative for next-age infra planning & design

New Delhi, Feb 15 - The government on Thursday unveiled the 'Sangam: Digital Twin' initiative, inviting Expressions of Interest (EoI) from industry pioneers, startups, MSMEs, academia, innovators and forward-thinkers to be part of the programme.

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India’s exports rise 3% in Jan, trade deficit narrows to 9-month low

India’s exports rise 3% in Jan, trade deficit narrows to 9-month low

New Delhi, Feb 15 - India's exports rose by 3.1 per cent in January to $36.92 billion compared to $35.8 billion in the same month of the previous year despite the geopolitical crisis in the Red Sea region that has disrupted the global

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Indian websites, applications saw over 5.14 bn cyberattacks in 2023: Report

Indian websites, applications saw over 5.14 bn cyberattacks in 2023: Report

New Delhi, Feb 15 - Indian websites and applications witnessed over 5.14 billion cyber attacks last year, especially targeting the healthcare sector, a new report revealed on Thursday.

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RBI Governor calls for global pacts on critical minerals & food security corridors

RBI Governor calls for global pacts on critical minerals & food security corridors

Mumbai, Feb 15 - RBI Governor Shaktikanta Das on Thursday emphasised the need to chalk out an effective strategy for global cooperation and coordination to deal with multiple challenges afflicting the global economy.

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Nvidia market capitalisation surpasses Alphabet

Nvidia market capitalisation surpasses Alphabet

New York, Feb 15 - Chip-maker Nvidia's market capitalization rose to $1.83 trillion on Wednesday, nudging past Alphabet's $1.82 trillion market cap, a media report said.

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Japan loses its position as the world’s third-largest economy to Germany

Japan loses its position as the world’s third-largest economy to Germany

New Delhi, Feb 15 - Japan has slipped to the world's fourth-largest economy as it fell behind the size of Germany's in 2023, says Deepak Jasani, Head of Retail Research, HDFC Securities.

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Govt issues guidelines for using Green Hydrogen as fuel in trucks, buses

Govt issues guidelines for using Green Hydrogen as fuel in trucks, buses

New Delhi, Feb 14 - The government on Wednesday issued guidelines for undertaking pilot projects for using Green Hydrogen as fuel in buses, trucks and 4-wheelers.

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RBI Governor Das tells CEOs of banks to put customers’ interest first

RBI Governor Das tells CEOs of banks to put customers’ interest first

Mumbai, Feb 14 - RBI Governor Shaktikanta Das on Wednesday told the managing directors and CEOs of public and private sector banks that the customer grievance redress mechanism and protection of customers’ interests are of paramount importance for the safety and stability of

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Centre launches Rs 29,610cr scheme to spur growth in dairy sector

Centre launches Rs 29,610cr scheme to spur growth in dairy sector

New Delhi, Feb 14 - Union Minister of Fisheries, Animal Husbandry & Dairying Parshottam Rupala on Wednesday launched the Rs 29,610 crore realigned Animal Husbandry Infrastructure Development Fund (AHIDF) Scheme.

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