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Finance minister Nirmala Sitharaman presents Union Budget 2019: Highlights

Finance Minister Nirmala Sitharaman presented the maiden budget of Narendra Modi 2.0 government in the Lok Sabha on Friday. “Gaon, Garib and Kisan [village, poor, and farmer] is at the centre of all policies of this government. Between 2014 and 2019, we provided rejuvenated dynamic Centre-State cooperative federalism, and the GST Council, said Ms. Sitharaman. […]

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PM visits Varanasi Unveils Lal Bahadur Shastri statue at Varanasi airport Joins a tree plantation drive in Varanasi

The Prime Minister, Shri Narendra Modi,on 6 July visited Varanasi in Uttar Pradesh and took part in various programs. The Prime Minister unveiled the statue of former Prime Minister Sh. Lal Bahadur Shastri at the Lal Bahadur Shastri International Airport in Varanasi. He then launched the tree-plantation drive at Anand Kanan Vatika in Varanasi. Later

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Hong Kong Approves Over $900,000 For Cyclone-Hit Odisha

The Hong Kong government has approved over USD 900,000 for relief and rehabilitation work in cyclone-hit Odisha that could benefit around 45,100 victims, China’s official media reported . ‘Very severe cyclonic storm’ Fani battered Odisha in May and killed 64 people and damaged more than five lakh dwelling units in the state’s coastal districts. Three

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Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaul

Deutsche Bank announced that it will pull out of its global equities sales and trading business as part of a sweeping restructuring plan to improve profitability. The bank will also slash 18,000 jobs for a global headcount of around 74,000 employees by 2022. The bank aims to reduce costs by 6 billion euros. Deutsche expects

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Army, NeGD ink pact for developing revamped app

The Army and the National eGovernance Division on July 5 inked a pact for developing a revamped application to maintain the centralised database for personnel, equipment and major stores to provide management-related information to the force, a statement said. The National eGovernance Division is a part of the Ministry of Electronics and Information Technology (MeitY). The

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Yes Bank Drops Over 6% After Picking Up 9.47% Stake in Eveready

Yes Bank Ltd shares dropped over 6% in early trade after the lender informed the exchanges that it has acquired 9.47% stake in Eveready Industries by invoking pledged shares. Yes Bank stock fell as much as 6.2% to Rs 90.20 in intraday trade. Meanwhile, Eveready Industries shares jumped over 3% in early trade. Yes Bank

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European Union leaders pick Germany’s Ursula von der Leyen to lead European Commission

The European Council proposed German Defense Minister Ursula von der Leyen to become European Commission president, European Council President Donald Tusk said. Von der Leyen, a member of German Chancellor Angela Merkel’s conservatives (CDU/CSU), would be the first female Commission president if confirmed by the European Parliament. Her nomination needs an absolute majority of the chamber’s 751

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Third International Sunflower Seed & Oil Conference to be Held in Mumbai , India

After China and Ukraine, India will host 3rd International Sunflower Seed and Oil Conference (ISSOC) 2019 on July 19 and 20 in Mumbai. The conference, hosted by Solvent Extractors’ Association of India (SEA), will see participation from global industry leaders, experts, researchers, and government representatives Union Commerce & Industry Minister Piyush Goyal is likely to

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Amit Shah to Launch BJP Membership Drive in Telengana and Enroll Tribal Family before Programme Launch

BJP president Amit Shah, who is set to launch the party’s membership drive in Telangana on July 6, would enroll a tribal family near here before the formal unveiling of the programme, state unit chief K Laxman said. After arriving here in the afternoon, Shah will go to Mamidipalli village and induct the tribal family

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India ranks 86th in Most Powerful Passport index 2019 Japan and Singapore holds the top spot

Henley Passport Index 2019 has recently published on its website that shows Japan and Singapore holds first position collectively as most powerful passports in the world. The index includes 199 passports and 227 travel destinations including micro-states and territories. India stands at 86th position in this index with a mobility score of 58. India shares

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