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This is Barclays’ single largest capital infusion in its Indian business in the last three decades
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Flipkart has nine supply chain facilities, including fulfilment and sortation hubs in Karnataka spread across nearly 23 lakh sq feet area
This post was originally published on The Asian Age | Home.
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India is proving to be a bright spot for jet fuel demand after the delta variant interrupted a recovery in air travel from the US to China
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The digital advertising platforms don’t just want our data. They also want us to spend our lives online, an “addiction” created for the primary purpose of serving advertisers. Manal al-Sharif reports on the pitfalls of “digital dictatorship” in this latest of her Tech4Evil series.

This post was originally published on Michael West Media.
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Western media – a tool of the political, military and business establishment – have contributed to the killing of millions in Vietnam, Iraq, Afghanistan, Syria and Libya, writes John Menadue. In turn, Australia’s mainstream media is a tool of the “US Imperium”. This is the first in White Man’s Media, a series to be published in Menadue’s Pearls and Irritations.

This post was originally published on Michael West Media.
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The plan aims to monetise brownfield infrastructure assets worth Rs 6 lakh crore across sectors
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HDFC on Thursday raised $1 billion by issuance of AT-1 bonds, priced at 3.70%, which is 42.5 basis points lower than initial price guidance
This post was originally published on The Asian Age | Home.
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Use of AI is increasing the power of Big Tech players like Google and Facebook and their control over our lives

This post was originally published on Michael West Media.
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In the international market, gold was trading higher at USD 1,793 per ounce and silver was flat at USD 23.88 per ounce
This post was originally published on The Asian Age | Home.
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Flipkart has sharpened its focus on scaling up this category with sellers, brands and farmers
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On year-on-year basis, all categories were in the green with two-wheelers up by 28%, three-wheelers up by 83%, passenger vehicles up by 63%
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The case pertains to an investigation by ED into allegations of attracting foreign investment by Flipkart and WS Retail
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Silver also zoomed Rs 766 to Rs 66,926 per kilogram from Rs 66,160 per kilogram in the previous trade
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PepsiCo bought Tropicana in 1998 and the Naked juice brand, also part of the sale Tuesday, about 10 years later
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Tesla Inc Chief Exec Elon Musk said in July that the company was likely to set up a factory in India if successful with imported vehicles
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e-Rupi voucher will be delivered in the form of a QR code or SMS string-based e-voucher to the beneficiary’s mobile number
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MPC may shrug off inflation build-up
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OYO’s survival through the COVID crisis and resurgence shows that it is a company with strong fundamentals and high value potential
This post was originally published on The Asian Age | Home.
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The company is eligible to have exclusivity for 12 months before the FDA can approve another biosimilar interchangeable to Lantus
This post was originally published on The Asian Age | Home.
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Gold Council has refrained from giving a yearly estimate of gold demand
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Union Cabinet on Wednesday approved a Bill to protect bank deposits of up to Rs 5 lakh
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Last month, the DCGI had approved the oral medication for emergency usage
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There has been a sharp spike in retail slippages, especially from gold loans and the farm segment, as the Covid second wave hit repayments
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By Harry Lock, RNZ News reporter
The tourism and hospitality sectors are disappointed but understanding of the New Zealand decision to suspend the travel bubble.
Prime Minister Jacinda Ardern announced the decision yesterday afternoon, and said the suspension in quarantine-free travel would go on for at least eight weeks.
It comes at a particularly bad time for the ski sector, which was looking forward to welcoming Australians over the next couple of weeks.
Ski-based accommodation provider, Ski Time, at the foot of Mount Hutt ski field, is expecting to lose more than half of its bookings over the next two months due to the travel bubble suspension.
The manager, Pete Wood, said as a result, they may have to make some redundancies.
“It is going to be tough, we’ll probably have to make some tough decisions over the next couple of weeks depending on how business travels along.
“We certainly don’t want to lose any staff – we’ve got a great team here at the moment and they’ve all pitched in to survive the last 18 months together, and it would be a shame to lose a few of them.”
60 percent Australian
He said 60 percent of all the business’s August bookings were by Australians and they would now all be cancelled.He hoped New Zealanders would be heading to the South Island for a ski holiday this August, to make up for the lack of Australians.
“We had a pretty chocka-block August coming up, but of course with these cancellations, there’s going to be quite a few gaps here, which makes way for Kiwis to start travelling again, because they can’t go to Australia.”
Ski Time is not the only business to be losing out: one Queenstown operator said cancellations have been coming in thick and fast since the suspension of the trans-Tasman travel bubble.
Mark Quickfall owns Totally Tourism, and like many operators in the south, he said they were gearing up for a big winter season with visitors from Australia.
He said many businesses and employees will be feeling anxious after yesterday’s announcement, especially if more staff have been brought in in anticipation of higher visitor numbers.
“We’re only one leak from an outbreak. If you have a choice of opening up and ending up with a lockdown, or staying protected, I think we know what the answer is there.
“But it doesn’t make it any easier.”
Support ruled out
The government has ruled out any specific support for tourism businesses hit by the suspension.A financial cost to operators is coming though.
“There’s been a huge number of cancellations just rushing in,” Quickfall said. “Like everyone down here, we had strong bookings out of Australia, for our heli-ski businesses, helicopter operations, down at Milford.
“That’s all just disappeared overnight.”
The tourism industry body said it hopes the suspension of the trans-Tasman bubble will not go on any longer than eight weeks.
Industry pins hopes on September holidays
Tourism Industry Aotearoa chief executive Chris Roberts said while it is disappointing, it is the right decision to make.He said operators would be looking forward to the next Australian school holidays, which begin in mid-September. If the bubble is up and running then, Roberts expects large numbers of visitors will be booking trips again.
“If the bubble’s up and running again by September, then we can expect good numbers of Australian visitors coming over here for those school holidays in September.
“That’s something we can look forward to in the end of what is hopefully only an eight-week suspension.”
Roberts hopes domestic tourists will fill some of the gap in the meantime, and that the financial hit will not be too bad.
“There are relatively few Australian visitors currently in New Zealand.
“Those Australians who were planning to come to New Zealand in the next eight weeks which would have included some skiing holidays will now have to cancel those plans and that’s reasonably unfortunate.
New Zealanders may holiday at home
“But at the same time, New Zealanders won’t be heading off to Australia, and some of those New Zealanders might choose to holiday at home instead.”Meanwhile, the hospitality industry said the government needed to rethink its decision not to offer support to businesses hit by the suspension of the trans-Tasman bubble.
Hospitality New Zealand chief executive Julie White said while it was the right decision, businesses would suffer.
She said the hospitality and tourism sectors have borne the brunt of the economic impact of the lockdowns and border restrictions.
“Hospitality and tourism are the lost leaders when it comes to the cost of balancing the health risk. I think this is the time – we really need to have that robust conversation with the government.”
This article is republished under a community partnership agreement with RNZ.
This content originally appeared on Asia Pacific Report and was authored by APR editor.This post was originally published on Radio Free.
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The stock made its debut at Rs 115, and later hit a high of Rs 138
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On July 27, 2021, from 12:00-1:00 pm EST, join the ABA International Law Section’s International Human Rights Committee as their roundtable experts evaluate the second revised draft treaty on transnational corporations and business enterprises regarding human rights prepared by the…
This post was originally published on Human Rights at Home Blog.
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The RBI has also been exploring the pros and cons of introduction of CBDCs since quite some time
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In the international market, gold was trading lower at USD 1,797 per ounce and silver was flat at USD 25.17 per ounce
This post was originally published on The Asian Age | Home.