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India-UK FTA talks will go very, very quickly, says Mayor Andy Street

London, Jan 20 (PTI) The negotiations between India and the UK to strike a free trade agreement (FTA), which launched last week, will conclude quickly due to an "absolute agreement” at the senior political level, the Mayor for the West Midlands region of England has said.Andy Street, who is in charge of the West Midlands [...]

NABARD sanctions Rs 951cr for 176 road projects in Odisha

Bhubaneswar, Jan 20 (PTI) The National Bank for Agriculture and Rural Development (NABARD) Thursday sanctioned Rs 951 crore to the Odisha government for the construction of 176 rural roads. The assistance has been sanctioned under the the Rural Infrastructure Development Fund (RIDF) for 176 rural road projects in all 30 districts of the state, NABARD [...]

Two doses of Sputnik provide two times higher antibodies against Omicron than Pfizer vaccine: Study

New Delhi, Jan 20 (PTI) A study has found that two doses of Sputnik V provide two times higher virus neutralising antibodies against the Omicron variant of COVID-19 than two doses of the Pfizer vaccine, Gamaleya National Research Center of Epidemiology and Microbiology and the Russian Direct Investment Fund (RDIF) said on Thursday. The study [...]

77% cos believe startups aiding employment scenario in India: Report

Mumbai, Jan 20 (PTI) With India being one of the largest hubs for startups in the world, a survey has revealed that 77 per cent of respondents believe these new-age firms have a positive role in boosting the employment scenario in the country. According to the survey by human resource solutions organisation Genius Consultants, over [...]

Collection efficiency ratio of MFIs at comfortable level: Official

Kolkata, Jan 20 (PTI) Collection efficiency ratio of the microfinance sector is “comfortable” at 90-95 per cent and there has been no impact on recoveries despite the current Covid surge, a senior official said on Thursday.The collection efficiency ratio of the sector is “much better” than other financial instruments, Chief Executive Officer of the Microfinance [...]

Investors’ wealth plummets over Rs 6.80 lakh cr in 3 days of market fall

New Delhi, Jan 20 (PTI) Investors' wealth has eroded by over Rs 6,80,441 crore in three days of market fall amid weak global trends and muted domestic sentiments. Extending its losses for the third straight day, BSE benchmark Sensex on Thursday finished below the 60,000-level, weighed by hectic selling in IT, energy and finance stocks [...]

India’s mineral production up 5% in November 2021

New Delhi, Jan 20 (PTI) India's mineral production rose five per cent in November 2021 compared to the year-ago period, according to the mines ministry. The index of mineral production of mining and quarrying sector for November 2021 stood at 111.9, which was five per cent higher compared to the level in November 2020. The [...]