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Buddhist Circuit special train to start from Oct 19

IANS New Delhi The Indian Railways is reintroducing the Buddhist Circuit special train tours in October which covers places associated with Gautam Buddha, owing to its successful run last year. The Indian Rail Catering and Tourism Corporation (IRCTC) had run similar packages of the special tourist trains in 2018. According to the IRCTC, the train covers important destinations connected with …

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Mamata meets Nobel winner’s mother, seeks their services

IANS Kolkata West Bengal Chief Minister Mamata Banerjee on Wednesday visited the south Kolkata residence of Nobel Prize in Economics winner Abhijit Vinayak Banerjee and said her government was keen to utilise his services as also that of his mother, also an economist of repute. “We are all proud of him. In whatever way we can, and subject to the …

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Fuel demand dips to lowest in over two years in Sept: Govt

PTI New Delhi India’s fuel demand slipped to its lowest in over two years in September after a fall in diesel and industrial fuel consumption negated the rise in petrol and LPG consumption. Consumption of petroleum products in September dropped to 16.01 million tonnes, its lowest since July 2017, from 16.06 million tonne in the same month last year, according …

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Brexit deal ‘possible this week’: EU’s Barnier

Luxembourg: EU Brexit negotiator Michel Barnier said Tuesday that a deal with Britain could be reached this week, but warned more tough talks are still needed. British and EU officials are racing to reach a deal on Britain’s exit terms before a summit of EU leaders starting on Thursday, as Prime Minister Boris Johnson seeks to fulfill his vow to …

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Exports dip 6.57% in Sept; imports contract 13.58%

New Delhi: India’s exports contracted by 6.57 per cent to $26 billion in September mainly due to significant dip in shipments from key sectors such as petroleum, engineering, leather, chemicals, and gems and jewellery. Imports too declined by 13.85 per cent to $36.89 billion, narrowing trade deficit to $10.86 billion in September, according to official data released on Tuesday. Trade …

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9 ‘Sewa Service’ trains connecting small towns to major cities flagged off

New Delhi: Railway Minister Piyush Goyal on Tuesday flagged off nine trains connecting small towns to major cities and said one of those, the Vadnagar-Mehsana train, was the railways’ gift to Prime Minister Narendra Modi, who sold tea at the Vadnagar station during his younger days. Goyal said the nine “Sewa Service” trains were launched without any additional investment by …

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India asks OPEC not to cut oil production

New Delhi: Battling a slowing economy, India on Tuesday implored oil cartel OPEC to not undertake deeper crude oil production cuts as it renewed its pitch for reasonable pricing of oil and stability in supplies. In a meeting with OPEC Secretary-General Mohammad Sanusi Barkindo, Oil Minister Dharmendra Pradhan also pitched for better commercial terms for crude oil imports including reduction …

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No trade disputes with US, only few disagreements: Goyal

New Delhi: Commerce Minister Piyush Goyal on Tuesday said India and the US do not have any trade disputes and both nations have huge bilateral trade and investment potential. Speaking during a ministerial panel discussion at India Energy Forum here, Goyal said, “There is no (trade) dispute (with the US). We had certain disagreements, but I don’t think that there …

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IIT-M, ExxonMobil Research join hands for biofuel research

Chennai: The Indian Institute of Technology-Madras (IITM) on Monday said it has entered into an agreement with ExxonMobil Research and Engineering Company (EMRE) for research on energy and biofuels. In a statement issued here, IIT-M said it will be a five year joint research agreement focusing on biofuels, data analytics, gas conversion and transport, and is intended towards finding low-emission …

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Banks for adding investment-grade NBFCs in guarantee scheme

New Delhi: Bankers on Monday suggested to Finance Minister Nirmala Sitharaman that those NBFCs having investment grade ratings but with AA rated assets be included in the partial credit guarantee scheme for NBFCs to provide them liquidity. “Banks have purchased assets to the tune of Rs 17,000 crore from the NBFCs under the direct pooled buy-out so that NBFCs also …

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