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Sensex falls nearly 500 points in opening trade amid weak global cues; Nifty below 16,450 – Times of India

Top laggards in the sensex pack included Tata Steel, Kotak Bank, Dr Reddy’s, L&T, SBI and Bajaj Finance. (Representative image) NEW DELHI: Equity indices plunged in opening trade on Friday with the benchmark BSE sensex falling nearly 500 points amid weak cues from global markets. The 30-share BSE index plunged 495 points or 0.89 per cent to trade at 55,135. ...

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Lina Khan’s Theory of the Facebook Antitrust Case Takes Shape

When federal judge James Boasberg dismissed the Federal Trade Commission’s antitrust lawsuit against Facebook in June, he gave the agency pretty specific instructions on how to salvage it. The problem, he wrote in his opinion, was that the FTC hadn’t offered even the barest evidence that Facebook is a monopoly, beyond the vague claim that it “maintained a dominant share ...

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7th Pay Commission: Big news for Uttar Pradesh government employees, 28% DA hike announced by CM Yogi Adityanath

New Delhi: 7th Pay Commission latest update –Uttar Pradesh Chief Minister Yogi Adityanath on Thursday announced that the state government will extend a 28 percent hike in dearness allowance for its employees. The Chief Minister said that his government had increased the dearness allowance from 17 percent to 28 percent for state employees and pensioners, while the hike will be ...

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What led to Piyush Goyal’s outburst against India Inc.?

Why is corporate India unhappy with the e-commerce rules and where does the government stand? The story so far: Union Commerce Minister Piyush Goyal launched a verbal attack last week against Indian corporations, alleging that they were putting their narrow business interests ahead of the larger national interest. At the annual meet of the Confederation of Indian Industry, he targeted ...

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Business Highlights: The Fed’s Bond Buys, T-Mobile Breach

___ Fed discussed pulling back on bond purchases later this year WASHINGTON: Federal Reserve officials last month discussed the timing for beginning to dial back their extraordinary support for the U.S. economy, which has been steadily recovering from the pandemic recession. They made no firm decision on a timetable but appear to be moving toward starting a pullback before years ...

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