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Abhijit Banerjee, Esther Duflo and Michael Kremer share Economics Nobel

The Laureates’ research findings – and those of the researchers following in their footsteps – have dramatically improved our ability to fight poverty in practice, the according to the Nobel Prize Committee

Total acquires 37.4% in Adani Gas for Rs5,662cr

Total is acquiring 37.4 per cent in Adani Gas Limited, in which Adani holds 74.8 per cent and also 50 per cent stake each in two import and regasification LNG terminals - at Dhamra in east India and potentially Mundra in the west 

World Bank lowers India's FY20 GDP growth projection to 6%

The World Bank report also noted a widening of the current account deficit to 2.1 per cent of GDP in 2018-19 from 1.8 per cent a year before, mostly reflecting a deteriorating trade balance

Ethiopian PM Abiy Ahmed awarded 2019 Nobel Peace Prize

Abiy Ahmed, who became Prime Minister in April 2018, made it clear that he wished to resume peace talks, and with support from Eritrian President Afwerki signed the peace agreement in Asmara and Jeddah in July and September this year - accepting the arbitration ruling of an international boundary commission in 2002

TCS fails to impress with a 1.8% rise in Q2 net to Rs8,042 cr

TCS, which heavily relies on banking clients, was hurt by dampening of IT spending by financial clients, while the escalating trade war between the United States and China, as well as Britain’s planned exit from the European Union also dampened demand for its products and services

Ahead of Modi-Xi meet, China pledges to fix trade imbalance

Private companies from India and China signed more than 120 MoUs for export of various products from India, including sugar, chemicals, fish, plastics, pharmaceuticals and fertilisers while over 60 Chinese entrepreneurs from 34 sectors have formalised trade agreements worth about $100 million ahead of the meeting of the two leaders at Mamallapuram in Tamil Nadu

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Growth of ever evolving Indian logistic industry

Today's logistics is a blend of infrastructure, technology and new types of service providers, says Sunit Sharma, co-founder of Delhi-based technology driven end- to-end logistics service provider GoBOLT

Government nets a "one-time" windfall

This Rs1.76 trillion amount needs to be seen as a sum of three numbers which bear different connotations and has varied impact on the fiscal deficit and bond markets, system liquidity and the overall issue of RBIs capital, reserves, balance sheet strength and its independence, says Arvind Chari, head, Fixed Income, Quantum Advisors

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