COVID-19 fortune: Tencent's Pony Ma dethrones Alibaba's Jack Ma to become richest in China
The COVID-19 pandemic played its part in boosting Tencent's fortune as gamers stayed home during the extended lockdown in China.
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Google Pay not a payment system operator: RBI to Delhi HC
RBI has also told the court that since Google Pay does not operate any payment system, it does not find a place in the list of authorised payment system operators published by the National…
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Global economy will take $12 trillion hit from COVID-19: International Monetary Fund
In an update to forecasts published in April, the Washington-based IMF said it now expected the global economy to contract by 4.9 per cent this year, compared with a 3 per cent drop expected in…
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Diesel becomes costlier than petrol in Delhi
Fuel rates differ from state to state depending on the incidence of VAT.
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Indonesia anti-trust agency finds seven airlines guilty over ticket prices
Rising air ticket prices in 2019 triggered inflationary pressures in Southeast Asia's largest economy and impacted the hospitality business across the archipelago
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Indian Oil Corp posts quarterly loss as inventory losses surge
The state-owned company reported a fourth-quarter net loss of 51.85 billion rupees
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Johnson & Johnson told to pay $2.1 billion over cancer-causing talc powder
"It is impossible to place monetary value on the physical, mental and emotional anguish plaintiffs suffered because of their injury caused by defendants."
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In a first, diesel more costly than petrol in Delhi
Petrol now costs 79.76 per litre in India's capital city with diesel at Rs 79.88 per litre
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Amazon pledges $2 billion venture capital fund to invest in clean energy
Amazon, which delivers about 10 billion items a year and has a massive transportation and data center footprint, has faced protests from environmental activists
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Sensex ends 519 points higher, Nifty at 10,471
The S&P BSE Sensex rallied 519 points or 1.49 per cent to settle at 35,430 levels, while the Nifty50 index ended at 10,471, up 160 points or 1.55 per cent.
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How will H1-B visa suspension impact Indian companies?
Donald Trump said that the step was essential to help millions of Americans who have lost their jobs due to the economic crisis amidst the COVID-19 pandemic.
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'Geopolitical risks': India's economy to contract 3.1% in 2020, says Moody's
The agency said that COVID-19 pandemic will push debt levels in the world's richest nations up by almost 20 percentage points on average this year.
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'Bright spot for development': Taiwan's Foxconn eyes further investments in India
Foxconn chairman chairman Liu Young-way declared India was a 'bring spot for development'
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Petrol, diesel prices hiked for seventeen consecutive days
Petrol will now cost 79.76 a litre in the national capital and diesel will cost 79.40 a litre from today
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China focuses on the domestic market for economic recovery
The recovery in China has come earlier than many other big global economies, and hence, the best market for Chinese goods now is China itself.
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