Industry

Spotify Technology SA will stop selling U.S. political advertising in early 2020, following Twitter Inc.’s lead in steering clear of a contentious election cycle. The move will apply to Spotify’s ad-supported service, as well as its…
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So, as 2019 draws to a close and we approach a new decade, let’s take a look back at how some of the tech industry’s predictions for 2020 fared.Predicting the future is hard, even for the people with the most power to influence it. In…
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“There are crucial elements like business viability, workforce, issue of bonds, monetisation and 4G spectrum allotment in the revival package. The GoM will expedite and oversee the plans,” the sources said.A seven-member Group of…
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The policy was currently under the Union government’s consideration, Singh told reporters here.Union Power Minister R K Singh said here on Saturday that the new power tariff policy, to be unveiled within a month, will prohibit power…
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During April-November 2019-20, India’s exports contracted by 2 per cent to USD 212 billion.The continuous contraction in India’s exports is likely to stop next year but the rate of growth will be subdued on account of the uncertain…
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Finance minister Nirmala Sitharaman on Saturday announced the exemption of Merchant Discount Rate(MDR) charges on the transactions done via UPI and RuPay modes. This is yet another move by the government to take the Indian economy…
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The performance of scheduled urban cooperative banks (SUCBs) deteriorated significantly between March and September 2019.The Reserve Bank of India estimates the gross non-performing asset (GNPA) ratios of all scheduled banks could…
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After a long gap of four years and amid rising coal imports, the Centre earlier this month managed to allocate five captive coal mines to private companies.The coal ministry on Friday cancelled allocations of six blocks with state-run…
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Many international agencies have also revised downward their economic growth forecast for FY20.As the GDP growth has plunged to an over six-year low of 4.5 per cent in the second quarter of the ongoing fiscal, credit expansion may…
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According to Sebi, the exposure of IL&FS, at the relevant times, was critical to the financial stability as its share in total exposure of banks to NBFC sector was fairly high.Cracking the whip for their “lethargic indifference”,…
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