Wednesday , 22 May 2019
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Air India on recovery path: Patel

NEW DELHI: For the first time since the merger of the two national carriers, Air India’s losses have started to show a declining trend, with the Union Civil Aviation Minister, Mr Praful Patel saying that the “worst is over”.

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Infosys registers Q4 profit of Rs 1600 cr

BANGALORE: Infosys Technologies, second largest software exporter, on Tuesday registered a consolidated net profit of Rs 1600 crore for the quarter-ended March 31, a quarter-on-quarter growth of 2.6 per cent and year-on-year decline of 0.9 per cent.

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‘India can surpass US economy in three decades’

BANGALORE: India can emerge as the world’s second largest economy in the year 2039, bigger than the US’, if its GDP continues to grow at the rate of eight-nine per cent, says a senior economist.

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Rain water harvesting map completed in VIE

PANAJI: Water harvesting scheme; land auction of special economic zones (SEZs); and setting up of an IT park are among the immediate priorities of the Goa Directorate of Industries. But the interest from entrepreneurs’ long queue, comprising locals and foreigners,

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TwinOxide to be launched in Goa

PANAJI: In about a month from now, Twinoxide, believed to be a solution for pure water, will be launched in Goa by ABM Enterprises, Goa. Just two drops of TwinOxide in one liter of drinking water can completely purify it, said Mr J P Swinkle export director, Twin Oxide International B V Netherlands.

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Nabard to set up one-lakh JLGs this year to help farmers

MUMBAI: In a bid to enhance the ability of poor farmers to access bank credit, National Bank for Agriculture and Rural Development plans to set up over one lakh Joint Liability Groups pan-India this fiscal, its chairman, Mr U C Sarangi on Monday said.

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SEBI, IRDA agree to seek legal mandate on ULIP regulation

NEW DELHI/MUMBAI: The Union government on Monday said the two regulators SEBI and IRDA have agreed to maintain the status quo that existed before market regulator’s ban on 14 life insurers from raising funds for unit-linked schemes.

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Economy poised to achieve 9-10% growth rate: PM

WASHINGTON: The Prime Minister, Dr Manmohan Singh on Monday said India was poised to achieve 9-10 per cent economic growth but for this it required protection-free international climate.

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Signs of strong recovery in global IT market

BANGALORE: The global IT market is set for a strong recovery this year on signs of a revival in tech spending in the US and other developed countries after over a year of gloom and doom, a study by Forrester Research has revealed.

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