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IndiaTV Business: Google News Feed: Digest for February 07, 2023

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Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
Over the years, investing in real estate has emerged as a new medium of investment. One of the biggest perks of investment in real estate is the potential to generate a secondary income.
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
Over the years, investing in real estate has emerged as a new medium of investment. One of the biggest perks of investment in real estate is the potential to generate a secondary income.
Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. The firm is dealing with market circumstances that "continue to degrade with an unclear future", according to a document seen by Bloomberg. 
Infosys has  fired 600 freshers after they failed the company's internal fresher assessment (FA) test. The sacked employees said that the majority of the fired people had been employed after July 2022.
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
Over the years, investing in real estate has emerged as a new medium of investment. One of the biggest perks of investment in real estate is the potential to generate a secondary income.
Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. The firm is dealing with market circumstances that "continue to degrade with an unclear future", according to a document seen by Bloomberg. 
Infosys has  fired 600 freshers after they failed the company's internal fresher assessment (FA) test. The sacked employees said that the majority of the fired people had been employed after July 2022.
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
Over the years, investing in real estate has emerged as a new medium of investment. One of the biggest perks of investment in real estate is the potential to generate a secondary income.
Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. The firm is dealing with market circumstances that "continue to degrade with an unclear future", according to a document seen by Bloomberg. 
Infosys has  fired 600 freshers after they failed the company's internal fresher assessment (FA) test. The sacked employees said that the majority of the fired people had been employed after July 2022.
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
Over the years, investing in real estate has emerged as a new medium of investment. One of the biggest perks of investment in real estate is the potential to generate a secondary income.
Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. The firm is dealing with market circumstances that "continue to degrade with an unclear future", according to a document seen by Bloomberg. 
Infosys has  fired 600 freshers after they failed the company's internal fresher assessment (FA) test. The sacked employees said that the majority of the fired people had been employed after July 2022.
Digital financial services firm One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. Paytm's EBITDA (earnings before interest, taxes, depreciation, and amortization), an indicator of operational profit, before ESOP cost margin improved to Rs 31 crore during the third quarter ended December 31, 2022.
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
Over the years, investing in real estate has emerged as a new medium of investment. One of the biggest perks of investment in real estate is the potential to generate a secondary income.
Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. The firm is dealing with market circumstances that "continue to degrade with an unclear future", according to a document seen by Bloomberg. 
Infosys has  fired 600 freshers after they failed the company's internal fresher assessment (FA) test. The sacked employees said that the majority of the fired people had been employed after July 2022.
Digital financial services firm One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. Paytm's EBITDA (earnings before interest, taxes, depreciation, and amortization), an indicator of operational profit, before ESOP cost margin improved to Rs 31 crore during the third quarter ended December 31, 2022.
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
Over the years, investing in real estate has emerged as a new medium of investment. One of the biggest perks of investment in real estate is the potential to generate a secondary income.
Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. The firm is dealing with market circumstances that "continue to degrade with an unclear future", according to a document seen by Bloomberg. 
Infosys has  fired 600 freshers after they failed the company's internal fresher assessment (FA) test. The sacked employees said that the majority of the fired people had been employed after July 2022.
Digital financial services firm One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. Paytm's EBITDA (earnings before interest, taxes, depreciation, and amortization), an indicator of operational profit, before ESOP cost margin improved to Rs 31 crore during the third quarter ended December 31, 2022.
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