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India's Plan to Divest State-Owned Companies Is ‘Back on Track', Says Top Official
The country has a disinvestment target of 1.75 trillion rupees (about $24 billion) for the next fiscal year which starts on April 1.
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India's Recovery Is ‘Here to Stay,' Economic Advisor to Prime Minister Narendra Modi Says
After two consecutive quarters of contraction, India’s gross domestic product (GDP) grew a modest 0.4% in the October-December quarter from last year.
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JPMorgan Warns That a Consumer Credit Crisis Could Derail India's Economic Recovery
India’s micro, small and medium businesses contribute about 30% to the nominal GDP and the sector is the second-largest employer, according to the RBI.
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India and Pakistan Agree to Stop Firing Along Disputed Kashmir Border
Frequent clashes and cross-border shelling along the Line of Control in recent months reportedly killed multiple civilians.
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Billionaire Investor Rakesh Jhunjhunwala Reveals How He's Playing India's Electric Vehicle Market
The billionaire investor said he is a large shareholder in Tata Motors and is betting the firm will be a big winner in India’s electric vehicle market.
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Climate Change Is Not Priced Into Markets But Its Effect Could Be Substantial, Experts Say
Climate change could lead to a significant rerating in some financial markets the moment that investors take its risks seriously, experts have told CNBC.
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Indian Billionaire Says the Country's Regulators Need to ‘Step in and Ban Bitcoin'
The investor, sometimes referred to as India’s Warren Buffett, also told CNBC he “will never buy bitcoin.”
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India's Covid Vaccine Maker Told to Meet Domestic Demand First, Urges ‘Rest of the World' to Be Patient
CEO Adar Poonawalla made the announcement over Twitter but did not explain who gave the direction.
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India's Economy Could Recover and Grow 10% in Fiscal 2022, Ratings Agency S&P Predicts
Last year, India slipped into a technical recession due to the economic fallout from a lengthy lockdown to slow the spread of the coronavirus outbreak.
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These Stocks May Stand to Benefit From India's Growing Electric Vehicle Market
Financial services firm Motilal Oswal likes these stocks in the EV space: Motherson Sumi, Exide Industries and Maruti Suzuki.
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Disney Smashes Streaming Subscriber Expectations, Boosting Segments Hurt by Covid
Disney said it now has almost 95 million paid subscribers to its Disney+ streaming service, helping to offset losses in other segments affected by the pandemic.
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India Rebukes Twitter for Not Fully Complying With Government Order to Ban Certain Accounts
Ajay Sawhney, secretary for India’s Ministry of Electronics and Information Technology, virtually met with top Twitter executives on Wednesday.
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India Glacier Disaster: Families Join Search for Survivors
Hundreds of rescue workers and families are scouring muck-filled ravines and valleys in northern India for survivors after part of a Himalayan glacier broke off, sending a devastating flood downriver that left at least 32 people dead and 165 missing
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Rescuers in India Digging for 37 Trapped in Glacier Flood
Rescuers in northern India are working to rescue more than three dozen power plant workers trapped in a tunnel after part of a Himalayan glacier broke off and sent a wall of water and debris rushing down a mountain
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Dramatic Video Shows Moment Floodwaters Hit Construction Site in India
Dramatic video showed the moment floodwaters hit and destroyed part of a hydroelectric project under construction in the Indian Himalayas.
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140 Are Missing After Glacier Breaks in India's Himalayas
At least nine people are dead and 140 are missing in India after part of a glacier in the Himalayas broke off, releasing a torrent of water and debris that slammed into two hydroelectric plants
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1 Tweet From Rihanna on Farmer Protests Gets India Incensed
It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi’s party
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India's Plans to Sell State-Owned Firms Will Drive the Economy Toward $5 Trillion, Tycoon Says
Finance Minister Nirmala Sitharaman said in her budget speech the government will have a disinvestment target of 1.75 trillion rupees (about $24 billion).
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India's Budget Could Help Lift Economic Growth Above 8% in a Couple Years, Top Economic Advisor Says
Last year, India slipped into a technical recession due to the economic fallout from a lengthy lockdown to slow the spread of the coronavirus outbreak.
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India's Largest Airline Expects to Reach Pre-Covid International Capacity by End-2021, CEO Says
Indian low-cost carrier IndiGo’s international operations are struggling, but could make a full recovery by the end of the year, said CEO Ronojoy Dutta.