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Sitharaman seeks greater presence of Competition Commission to ensure ease of doing business
Sitharaman seeks greater presence of Competition Commission to ensure ease of doing business

New Delhi,  Finance Minister Nirmala Sitharaman on Thursday said that to ensure ease of doing business, it is essential that there is greater presence of Competition Commission of India (CCI) offices across the country.

In her address after virtually inaugurating the CCI's regional office (western) a

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No plan to cut chip production despite slowing demand: Samsung
No plan to cut chip production despite slowing demand: Samsung

Seoul,  Samsung Electronics is not considering a cut in production of its memory chips despite slowing demand amid concerns over a global economic recession, a senior company executive has said.

"There is no internal discussion (about a cut in memory chip production) at the moment," Han Jin-man

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Uber back in robotaxi game, inks 10-year deal with Motional
Uber back in robotaxi game, inks 10-year deal with Motional

San Francisco,  Rude-hailing platform Uber and Motional, a global driverless technology leader, on Thursday announced a 10-year agreement to offer fully driverless rides using Motional's new all-electric IONIQ 5-based robotaxis.

With this, Uber has now returned to the game of robotaxis after it sold

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Rupee slips down against dollar on oil price increase
Rupee slips down against dollar on oil price increase

Mumbai,  Rising international oil prices saw the Indian rupee depreciating to Rs 81.94 against the US dollar.

The rupee opened at Rs 81.52 on Thursday at the interbank forex market and then went down to Rs 81.94.

Experts said demand for dollars from oil importers resulted in a fall in rupe

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Govt receives Rs 604 crore dividend from SAIL
Govt receives Rs 604 crore dividend from SAIL

New Delhi,  The government has received about Rs 604 crore, Rs 450 crore, and Rs 37 crore from SAIL, HUDCO, and IREL, respectively as dividend tranches, Secretary, Department of Investment and Public Asset Management (DIPAM), Tuhin Kanta Pandey said.

In addition to this, the government has also received

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UK debt outlook cut by Fitch after Liz Truss's mini-Budget debacle
UK debt outlook cut by Fitch after Liz Truss's mini-Budget debacle

London,  A top US credit rating agency has lowered its outlook for British government debt from "stable" to "negative" amid the fallout from Prime Minister Liz Truss's mini-budget fiasco, media reports said.

The firm Fitch announced that Chancellor Kwasi Kwarteng's "unfun

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Gurugram: Traffic Police collect Rs 8.81 cr fine till Aug this year
Gurugram: Traffic Police collect Rs 8.81 cr fine till Aug this year

Gurugram,  Gurugram Traffic Police have collected Rs 8.81 crore as fine from 8 lakh traffic violators for non-compliance with traffic rules between January and August this year, the police said.

According to the police, most of the challans have been issued for driving in the wrong direction including 29

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Gujarat: Youth kills friend over love triangle
Gujarat: Youth kills friend over love triangle

Vadodara,  A youth was murdered by his friend over a love traingle in Vadodra district in Gujarat.

The body of Daksh Patel was found from the basement of Akankar tower on Tuesday. The body had stab wounds on chest and stomach and hands and legs were tied.

Based on CCTV footage, police susp

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DMRC fails to comply with Delhi HC order to pay DAMEPL by Oct 4
DMRC fails to comply with Delhi HC order to pay DAMEPL by Oct 4

New Delhi,  The Delhi Metro Rail Corporation Limited (DMRC) has failed to comply with the Delhi High Court order dated September 6 directing DMRC to pay Rs 4,447.56 crore to Delhi Airport Metro Express Private Limited (DAMEPL) by October 4.

This amounts to a brazen violation of the Supreme Court judgemen

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Pakistan's new Finance Minister will find it hard to clear the financial mess
Pakistan's new Finance Minister will find it hard to clear the financial mess

New Delhi,  All eyes are on Pakistans new Finance Minister Ishaq Dar who completes a week in office.

Needless to say, his measures will be scrutinised with a fine-tooth comb as the country reels under surging inflation and currency devaluation. Dar, a chartered accountant by profession and a seasoned politician will be the si

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