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Latest Articles in Economy

Airspace Map for Drones Are Out; Key Takeaways

The drone airspace map comes out in record time and as a follow-through of the liberalised Drone Rules, 2021 (on 25 August) and the PLI scheme for drones (on 15 September). All these policy reforms will catalyse super-normal growth in the upcoming drone sector, the civil aviation ministry said.

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Millennials And Money: How NextGen Glance At Wealth

According to Accenture’s Wealth in the Digital Age Investor survey, each and every generation has the capacity to influence the economy, however, millennials have a special impact as they are the most digitally savvy investor group overall.

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Piyush Goyal Sanctions ₹270 Cr Infusion For SEEPZ Infrastructure & Mega CFC

The Mega CFC will improve access to high-end and advanced machinery and technology such as 3D Metal Printing, Fully automated Gold / Platinum casting machines, Laser engraving, Lab-grown Diamond Detection Technology, etc. The infrastructure support will help SEEPZ to meet the globally benchmarked standards.

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PM Modi To Hold Bilateral Talks With President Biden

He also thanked the US for helping India during the deadly second wave of Coronavirus. Prime Minister said in a joint statement with US VP Kamala Harris, "I express my gratitude to the US for extending a helping hand to India when India was hit by the second wave of COVID-19."

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We Will Invest US$ 40 Billion In India: Blackstone Chairman Schwarzman

With the aim to boost the Indian economy, PM Modi invited all these big companies to invest in India. Talking about Blackstone's experience in India, Schwarzman said that India has been the best market for investment in the entire world.

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France, US Have Strong Interests In Strengthening Respective Relations With India Even More: Blinken

Modi and Macron discussed the recent developments in Afghanistan and shared their concerns about the possible spread of terrorism, narcotics, illicit weapons, and human trafficking.

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PM Modi Discusses Bilateral, Regional, Global Issues With Australia’s Morrison, Ahead Of Quad Summit

The meeting between Modi and Morrison on Thursday came a week after they spoke over the phone and reviewed the rapid progress in the India-Australia Comprehensive Strategic Partnership, including through the recent ''two-plus-two'' dialogue, and exchanged views on regional developments and the forthcoming Quad meeting.

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PM Modi, Japanese Premier Suga Reaffirm Commitment For Free, Open Indo-Pacific

During their meeting here on Thursday, the two Prime Ministers agreed to enhance bilateral security and defence cooperation, including in the area of defence equipment and technologies, according to a statement issued by the Ministry of External Affairs (MEA).

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Understanding How To Mainstream Neglected Rural Population For High GST Collections

Since the market for Gold in India is vast, so is the tax income from the market. With the introduction of a new, uniform indirect tax under the Goods and Service Tax (GST) in 2017 in India, the prices of most goods and services have been modified.

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India, UAE Launch CEPA Negotiations, Aims To Finish Them By Year-end

Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, UAE, and Union Minister Piyush Goyal issued a joint statement and said that the first round of CEPA negotiations will be held on 23-24 September 2021.

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Mundra Port Drug Case: 8 Arrested; DRI Seized 3,004 Kg Heroin

The eight persons including four Afghan nationals, one Uzbek National, and three Indian nationals. The arrested Indian Nationals include the holder of the Import Export Code (IEC), which was used to import the consignment. He was arrested in Chennai.

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Modi To Interact With Global CEOs To Highlight Opportunities In India

On Thursday, the prime minister is scheduled to hold one-o-one meetings with top five American CEOs.

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Income Tax Conducts Searches In Delhi, Punjab And West Bengal

As per the Income Tax Department, the group has maintained unaccounted funds of about Rs. 350 crore in its foreign bank accounts and has also routed these funds back into its business through shell entities in tax havens.

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FDI Inflows Grow To 62% In First Four Months Of Current FY

"FDI equity inflow grew by 112 per cent in the first four months of F.Y. 2021-22 (US$ 20.42 billion) compared to the year-ago period (US$ 9.61 billion)," it said.

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Taliban Write To UN Chief Nominating Spokesman Shaheen As Afghan Envoy, Ask For Participation At UNGA

The Taliban swept across the country last month, seizing control of almost all key towns and cities in the backdrop of withdrawal of the US forces that began on May 1. On August 15, the capital city of Kabul fell to the insurgents.

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