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Budget has given RBI space to cut rates: Jayant Sinha
New Delhi, March 3: The union budget 2016-17, with the target of holding the next fiscal's deficit at 3.5 percent of GDP, has given space to the Reserve Bank of India (RBI) to ease interest rates, union Minister of State for Finance Jayant…
Bill to give statutory status to Aadhaar introduced in Lok Sabha
New Delhi, March 3: Despite opposition from the Congress and the Biju Janata Dal, Finance Minister Arun Jaitley on Thursday introduced the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 in the…
Union Cabinet apprised of Japanese, Russian railway agreements
New Delhi, March 3: The union cabinet was apprised of three important technological cooperation agreements Indian Railways inked with Japan and Russia in December 2015 on Wednesday. On December 11, 2015, Ministry of Railways (MoR) signed a…
69 million users view Facebook daily in India
Bengaluru, March 3: Social media network Facebook on Wednesday claimed it had 69 million daily active users (DAU) in India, including 64 million accessing its website on mobile.
"In India, we have 69 million DAU, of which 64 million…
China plans 30 Nuclear power plants along Silk Route
Beijing, March 3: China has set a target of building around 30 nuclear power units in countries along the Belt and Road Initiative routes by 2030, the media reported on Thursday.
According to Sun Qin, president of China National Nuclear…
World’s 20 richest $70bn poorer, India has 84 billionaires: Forbes
New York, March 2: More than $70 billion has been wiped off the wealth of the world’s 20 richest people following a slump on global financial markets, according to Forbes' latest annual ranking of billionaires. India has the fourth largest…
Mukesh Ambani again tops 84 Indian Billionaires in Forbes list
Washington, March 2: Reliance Industries chairman Mukesh Ambani again topped 84 Indian billionaires in Forbes 2016 list of the world's richest people once again headed by Bill Gates with a net worth of $75 billion. Mukesh Ambani with a net…
Facebook’s Latin America vice president arrested in Brazil
Rio de Janeiro, March 2: Brazilian police arrested Diego Dzodan, Facebook's vice-president for Latin America, for not complying with previous judicial decisions. In a press release, the federal police stated that Dzodan had been arrested in…
Piramal Enterprises acquires US firm for $24.5 mn
Mumbai, March 1: Piramal Enterprises on Tuesday said it has acquired US-based healthcare software firm Adaptive Software for $24.5 million.
"Piramal Enterprises' step-down wholly owned subsidiary in the USA, Decision Resources Group…