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Bond yields to stabilise soon:Subhash Chandra

The recent spike in government bond yields is not driven by fundamentals and will soon come back to normalcy, economic affairs secretary Subhash Chandra Garg today here said.Bond yields have been elevated in the past few months due to higher…

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Google plans global e-commerce debut from India market

Sundar Pichai-led Google is seriously evaluating getting into e-commerce and India could be the first stop, it is learnt. The launch could coincide with Diwali later this year, a source said. The search giant, which was in talks to invest…

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Government to scrap subsidy for private electric cars

The Centre plans to scrap cash incentives currently offered to buyers of electric cars despite having incentivised these clean fuel technologies till just a few months back. The move, experts said, will further dampen sales of private electric cars.Policy-makers justified…

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Carlyle plans to invest $1.3 billion in India

Carlyle Group plans to invest at least around $1.2-1.3 billion in India from its fresh $6.55 billion Asia buyout fund as the Washington-headquartered alternate asset manager looks to tap larger controlling deals in the Asia?s fastest growing economy.Carlyle on Thursday…

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Greece gets debt relief from euro zone

Euro zone finance ministers on Friday extended maturities and deferred interest of a major part of their loans to Greece along with a big cash injection to ensure Athens can stand on its own feet after it exits its bailout…

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