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Apple, Google among tech firms sued over child labour

San Francisco: Tech giants Apple, Alphabet (parent company of Google), Dell, Microsoft, and Tesla have been named in a lawsuit filed in the US that alleged that these companies aided and abetted the mines that forced children to work in dangerous conditions while mining cobalt in the Democratic Republic of Congo (DRC). The lawsuit was filed earlier this week in the US District …

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Govt asks tax officers to pull up socks, hike collection

New Delhi: As Budget date gets closer, pressure is mounting on the tax officers to mop-up higher collection with government asking them to go whole hog in collection and not give sharp cut in corporate tax as an excuse for lower revenue. In a video conference on Monday with officers of both direct and indirect tax officers, Revenue Secretary Ajay …

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National Broadband Mission launched

New Delhi: The central government on Friday launched National Broadband Mission, which envisages an investment of Rs 7 lakh crore in the next 4 years from both government and industry to connect the country digitally at a faster pace. The mission, launched by Union Telecom Minister Ravi Shankar Prasad, is part of the National Digital Communications Policy, 2018.  The mission …

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India will emerge from difficult economic situation soon: Rajnath

New York: Defence Minister Rajnath Singh has said that India is impacted to some extent by the global economic slowdown but expressed confidence that the country will come out of the difficult situation within a short time. Singh, who arrived in the US on Monday for the second two-plus-two dialogue between India and the US in Washington DC on December …

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Bulls in control, Sensex-Nifty end at record high

Mumbai: Both key equity indices Sensex and Nifty logged fresh highs on Tuesday. While the benchmark Sensex advanced 413 points to close at 41,352, the broader Nifty added 111 points to end at 12,165. Sensex logged record closing high for the second straight day.  The HDFC and ICICI Bank stocks touched their respective 52-week high on the BSE.  Among the …

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Industry demands export promoting measures, simplification of labour laws

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday held discussions on regulatory environment impacting private investment and measures for promoting exports in a pre-budget consultation with stakeholder groups from industry, trade and services sectors. The representatives submitted suggestions concerning reduction of compliance burden and tax litigation, allowing self-certification in low risk industry, decriminalisation of tax and company laws. Besides, they …

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India in bottom-5 on health, economic fronts

New Delhi: India has slipped four places to rank 112th globally in terms of gender gap amid widening disparity in terms of women’s health and survival and economic participation — the two areas where the country is now ranked in the bottom-five, an annual survey showed on Tuesday. While Iceland remains the world’s most gender-neutral country, India has moved down …

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To promote entrepreneurship among students we need to educate parents too: CM

NT NETWORK PANAJI If entrepreneurship in our country leverage, it will help us to solve some of the pressing problems of poverty, like education, healthcare and environment said,  Chief Minister Pramod Sawant  inaugurating the 18th International Entrepreneurship Forum Conference at Sanskruti Bhavan, Panaji  on Monday, in presence of Prasad Lolayekar Director, Directorate of Higher Education; Prof Jay Mitra, Director of …

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FMCGs top consumer complaints list

IANS New Delhi Fast-moving consumer goods (FMCG) firms have topped the list of customers complaints list for over-charging ever since the new indirect tax regime Goods and Services Tax (GST) was rolled out on July 1, 2017. Restaurateurs came second, followed by entertainment and media firms. As per official data, as many as 42 consumer complaints were registered against various …

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Moody’s outlook for global auto makers in 2020 negative

IANS Chennai Global credit rating agency Moody’s Investors Service on Monday said its outlook for the global automotive manufacturers and parts suppliers is negative. In its research report Automotive manufacturers and parts suppliers – Global 2020 Outlook released on Monday, Moody’s said: “Our 2020 outlook for global automotive manufacturers and parts suppliers is negative, driven by our expectations of a …

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