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IndiaTV Business: Google News Feed: Digest for December 13, 2022

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IMF on India's G20 agenda: The International Monetary Fund (IMF) stated that it "fully supports" the G20 agenda of India, which aims to use the current global crisis to find consensus on issues that need immediate attention.
European aerospace major Airbus is looking to source green hydrogen from markets like India, Australia and Latin America as part of its decarbonisation efforts, a senior company official said.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
IMF on India's G20 agenda: The International Monetary Fund (IMF) stated that it "fully supports" the G20 agenda of India, which aims to use the current global crisis to find consensus on issues that need immediate attention.
European aerospace major Airbus is looking to source green hydrogen from markets like India, Australia and Latin America as part of its decarbonisation efforts, a senior company official said.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
IMF on India's G20 agenda: The International Monetary Fund (IMF) stated that it "fully supports" the G20 agenda of India, which aims to use the current global crisis to find consensus on issues that need immediate attention.
European aerospace major Airbus is looking to source green hydrogen from markets like India, Australia and Latin America as part of its decarbonisation efforts, a senior company official said.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
IMF on India's G20 agenda: The International Monetary Fund (IMF) stated that it "fully supports" the G20 agenda of India, which aims to use the current global crisis to find consensus on issues that need immediate attention.
European aerospace major Airbus is looking to source green hydrogen from markets like India, Australia and Latin America as part of its decarbonisation efforts, a senior company official said.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
IMF on India's G20 agenda: The International Monetary Fund (IMF) stated that it "fully supports" the G20 agenda of India, which aims to use the current global crisis to find consensus on issues that need immediate attention.
European aerospace major Airbus is looking to source green hydrogen from markets like India, Australia and Latin America as part of its decarbonisation efforts, a senior company official said.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
IMF on India's G20 agenda: The International Monetary Fund (IMF) stated that it "fully supports" the G20 agenda of India, which aims to use the current global crisis to find consensus on issues that need immediate attention.
European aerospace major Airbus is looking to source green hydrogen from markets like India, Australia and Latin America as part of its decarbonisation efforts, a senior company official said.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
McDonalds news: Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday.
Retail inflation declined to an 11-month low of 5.88 per cent in November 2022 as against 6.77 per cent in October 2022, mainly due to softening prices of food items, official data showed on Monday.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
McDonalds news: Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday.
Retail inflation declined to an 11-month low of 5.88 per cent in November 2022 as against 6.77 per cent in October 2022, mainly due to softening prices of food items, official data showed on Monday.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
McDonalds news: Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday.
Retail inflation declined to an 11-month low of 5.88 per cent in November 2022 as against 6.77 per cent in October 2022, mainly due to softening prices of food items, official data showed on Monday.
Noida: Incidents of a fire breaking out have been increasing continuously and the fire department has been taking steps to prevent this.
Union Budget 2023-24: Top economists batted for an increment in social security pension and maternity benefits ahead of the Union Budget 2023-24. 51 eminent economists wrote to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in a bid to tame inflation, which has remained above its tolerance level for the past 11 months.
On Wednesday, the RBI took a major decision to hike the key repo rate by 35 basis points. This will lead to a slight rise in the EMIs for home, auto and other loans. In today's meeting, RBI slowed the pace of the increase in borrowing costs. This may result in rates nearing the peak. RBI once again concerned about the battle against inflation that is discomforting for 10 straight months. The rise in repo rate is the fifth straight increase since May. 
The Government on Friday sought Parliament's nod for net additional spending of over Rs 3.25 lakh crore in the current fiscal, which includes over Rs 1.09 lakh crore towards fertiliser subsidy payout.
The Minister of State for Communications Devusinh Chauhan on Friday informed Parliament that the fifth-generation or 5G telecom services have started in 50 towns distributed over 14 states/union territories as of November 26. 
Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose.
McDonalds news: Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday.
Retail inflation declined to an 11-month low of 5.88 per cent in November 2022 as against 6.77 per cent in October 2022, mainly due to softening prices of food items, official data showed on Monday.
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