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Facebook’s Free Basics services shut down in Egypt
Cairo, Dec 31: As the debate over Free Basics and net neutrality entered an interesting phase in India, Egypt has decided to shut down Facebook's controversial free internet service, media reported on Thursday.
Although authorities in…
Markets open on slightly higher note
Mumbai, Dec 31: The 30-scrip Sensitive Index (Sensex) on Thursday opened on a higher note during the morning session of the trade.
The Sensex of the S&P Bombay Stock Exchange (BSE) after opening at 25.980.86 points touched a high of…
Essar Oil promoters complete largest privatisation in India Inc
Mumbai, Dec 30: Essar Oil Ltd. (EOL) promoters on Wednesday announced the successful completion of the company's delisting offer, which has emerged as the largest privatisation bid in the history of corporate India. EOL is valued at…
Government approves MoU for developing Smart Cities
New Delhi, 30 Dec: The union cabinet on Wednesday approved the signing of a Memorandum of Understanding (MoU) between the ministry of urban development and Bloomberg Philanthropies to support the development of Smart Cities. The union…
Cabinet approves land exchange agreement between AAI and VPT
New Delhi, Dec 30: The central government on Wednesday approved a land exchange agreement between the Airports Authority of India (AAI) and Visakhapatnam Port Trust (VPT) for setting up of a multi-modal logistics park (MMLP). The approval…
UP first State to undertake ‘Forest Certification’
Lucknow, Dec 30: Wooden products made of forest wood in Uttar Pradesh will soon reach out to global markets via 'forest certification' that is currently underway, an official said. Principal Secretary (forests) Sanjiv Saran, said that Uttar…
Chinese Currency Yuan weakens against US Dollar
Beijing, Dec 30: The central parity rate of the Chinese yuan against the US dollar fell for the third straight day on Wednesday to its lowest level in more than 54 months.
The yuan weakened 31 basis points against the US dollar to 6.4895…
IMF launches Asian youth video contest with India meet
Washington, Dec 30: The International Monetary Fund (IMF) has launched a contest seeking videos from young videographers of all abilities capturing through their own lenses the realities, challenges, and interesting stories of the…
Italian economy did better in 2015: PM Renzi
Rome, Dec 30: Italy's recovery has outstripped expectations this year and the economy is growing, Prime Minister Matteo Renzi said.
Renzi told a press conference here on Tuesday that "2015 has gone better than 2014 and better than the…
Government seeks to push skills, clean energy, social security
New Delhi, Dec 30: Setting up of Niti Aayog, launch of Skill India and major social security schemes were among key initiatives of the Narendra Modi government in the past year as it sought to speed up governance amid a legislative gridlock…