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#top business news today
insperonjournal · 1 year
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India Business News.
India is one of the fastest growing economies in the world. The country's business sector plays a vital role in its overall economic growth. Economic news in India is always full of new developments, policy changes and economic indicators. In this article, we will take a closer look at today business news in english.
India's GDP growth
India's economy is on the road to recovery from the COVID-19 pandemic. According to the latest estimates from the Reserve Bank of India (RBI), the country's gross domestic product (GDP) growth rate for the financial year 2021-2022 is expected to be around 9.5%. The growth was attributed to the government stimulus plan, structural reforms and vaccination campaigns. The RBI also said inflationary pressures are easing, which is a positive sign for the economy.
 Stock Market Update
Indian stocks got off to a strong start on Monday, March 20, with benchmarks opening higher. The BSE Sensex opened at 50,168.11, up 354.69 points, while the NSE Nifty opened at 14,916.35, up 106 points. Markets are expected to remain volatile due to the ongoing pandemic and global uncertainties.
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 Tata Motors plans electric vehicles
Tata Motors, one of India's leading automakers, has announced plans to launch 10 new models of electric vehicles (EVs) by 2025. The company also plans to set up a factory dedicated electric vehicle manufacturing facility in the state of Gujarat. Tata Motors aims to become a carbon-neutral company by 2050, and the switch to electric vehicles is a step in that direction.
 Indian economy rebounds in 2021-22
Today business news suggests that the Indian economy is expected to rebound strongly in the current fiscal year. According to a report by the International Monetary Fund (IMF), the Indian economy is expected to grow by 11.5% in 2021-22, making it the fastest growing major economy in the world. The report cites strong political support in India, a recovery in manufacturing and services and a recovery in vaccine-led consumer confidence as key drivers of expected growth.
 Cairn Energy Dispute with Indian government
Cairn Energy, a UK-based oil and gas company, has had a long-standing tax dispute with the Indian government.
The company won a $1.2 billion arbitration award against India in 2020, but the Indian government refused to pay. Cairn Energy has now engaged a number of countries, including the US and UK, to enforce the ruling. The dispute has drawn widespread attention and criticism from investors and business groups, who view the Indian government's actions as treacherous and a threat to foreign investment in India.
 Indian startups attract record funding
Despite the challenges posed by the COVID-19 pandemic, Indian startups attracted record levels of funding in 2021.
Indian startups raised $10.1 billion in funding in the first quarter of 2021, up from $2.5 billion in the same period last year, according to a report by Venture Intelligence. The increase in funding is a testament to the resilience and innovative capacity of India's startup ecosystem, which has adapted to the changing landscape brought on by the pandemic.
You can follow the Insperon Journal website for useful business information and latest news. You can also subscribe to Insperon Journal's newsletter for the latest business in India news.
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shopconik · 1 year
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elitadream · 4 months
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Goodness, what a week. =_= Coming up with a concept on the spot and assuming that I could remotely finish it on time was wishful thinking. Looks like I won't have a chance to draw the Christmas themed idea I had in mind, unfortunately. 🥲😮‍💨
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social-mockingbird · 7 months
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Every time I think I’ve gently left my Loki phase behind I get dragged violently back into it with the force of a disintegrating Temporal Loom
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candyredterezii · 26 days
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praying and crying pl decent job with decent pay come back to me and or be listed i cant work at this arcade anymore LOL
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thatcatbasil · 2 months
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OH RIGHT RW ART MONTH IS TOMORROW
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bug-farm · 7 months
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gonna try to play some sims today maybe?? i've been so busy aaaah
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confinesofmy · 6 days
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i'm planning next week's picnic like if one thing goes wrong i'll be publicly beheaded. i'm locked in to such an absurd degree.
#also never shopping in my nearest town again maybe#i saw my cousin's ex who lives an hour away and her friend together which is so....... like wow i really thought i'd seen the last of him#very messy situation#started talking to a cashier/stocker i've spoken with on occasion for several years and she showed me some of her art & poetry (???)#got in line in front of one of my former classmate's dads who tried to proposition me right after my mom died#went to the new dollar store which has four self checkouts & one manned‚ tried to use a self checkout and the cashier said#'we don't have self checkouts' i said 'do you mean today or period' she said 'period' and we discussed how badly that's got them fucked up#they're literally running one of the self checkouts as a manned checkout when things get busy like...#and it was JUST built!! like just less than a year ago i think#i always come home from that town wanting to pull my hair out it's sooo strange!! like everything is craaazy#i also got fucking scammed!#i forgot to check until just now but the grocery store likes to run a weekly sale then not update the computers to reflect it#like they've done this for years and years#and i paid $1.99/lb for apples that were marked down to $1.12/lb so i overpaid a damn dollar#during the panini when it was my only source of groceries sometimes the difference would literally be like $50 because of big ticket items#i'd usually walk out‚ unload and read the receipt‚ then walk back in and get my refund. every friday.#and if i didn't i'd be out like $100/month for nothing on top of everything costing double what it did in the city#that place is fucking cursed. like there's just layers and layers of misery covering every surface.#adam yaps
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em-dashes · 1 year
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if there are any car people here, i need to come up with a car problem that will take a few days to fix pls help
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exploregraphic5429 · 1 year
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mysweetoddbird · 9 months
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ughhh
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insperonjournal · 1 year
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orcelito · 1 year
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Yesterday i left early by 45 mins and today I stayed late by 45 minutes. Balance exists in the world
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factifiedblog · 1 year
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fall semester starts today
i need to look at the syllabi for my classes and mark down due dates, + it's very likely that there's stuff that i actually ought to DO today
but i am so tired.
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rim-jewelry-stor · 2 years
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