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Philippine dictator set to be buried at heroes' cemetery

"There will be no state funeral. It will be very simple, the body will be carried on a hearse then brought to his tomb," Mr. Albayalde said.




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Anti-Muslim Buddhist monk in Myanmar: Trump ‘similar to me’

The world singled us out as narrow-minded. But as people from the country that is the grandfather of democracy and human rights elected Donald Trump, who is similar to me in prioritizing nationalism, there will be less finger-pointing from the international community.




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Trump meets Japanese Prime Minister Abe

This was Mr. Trump’s first meeting with a foreign leader after he was voted to power in one of the most surprising results of a US presidential election held on November 8.




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China state media warn Trump against renouncing free trade deals

Chinese state media has warned Mr. Trump against isolationism and interventionism, calling instead for the United States to actively work with China to maintain the international status quo.




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Arch-rivals Trump and Romney meet, discuss world affairs

"We had a far-reaching conversation with regards to the various theaters in the world where there are interests of the United States of real significance," Mr. Romney told reporters.




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Data | Low-income countries have received only 0.27% of the COVID-19 vaccine doses administered so far

Due to wide disparity in vaccine supply, of the 52 countries in Africa, 38 have given at least one dose to <5% of population




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Data | More than 50% Americans disapprove Joe Biden's work as President

Google search trends indicate that interest in Afghanistan peaked on August 15, the day Kabul fell. Following this, Biden's rating dropped below 50%




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A lacklustre American presidential race in the making

Democrats and Republicans have to brace themselves for soul searching and painful decision-making before 2024




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Sri Lanka Acting President Ranil Wickremesinghe declares Emergency

Opposition calls it ‘an undemocratic, draconian act’; Parliament to elect new President tomorrow 




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Morning Digest | Presidential election today; Centre to convene all-party meeting on situation in Sri Lanka on DMK, AIADMK’s request, and more

A select list of stories to read before you start your day




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UK tribunal quashes Meta-Giphy deal block, regulator to reconsider ruling

The Competition Appeals Tribunal said it had quashed the CMA’s ruling and referred the matter back for a new decision




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Delayed Asian Games rescheduled to start in September 2023

The Olympic Council of Asia on Tuesday confirmed the delayed games would be held from September 23 to October 8




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China summons U.S. envoy Nicholas Burns, warns America shall 'pay price' as Pelosi visits Taiwan

Chinese Vice-Foreign Minister Xie Feng “urgently summoned” the U.S. Ambassador to China Nicholas Burns late on August 2 night and lodged stern representations and strong protests over Nancy Pelosi’s visit




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Brazil's Bolsonaro tells Supreme Court election 'is over'

After a private meeting with Mr. Bolsonaro, the Supreme Court Justice Luiz Edson Fachin said the conservative leader had said, "It is over. So, let’s look ahead.”




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‘Bengaluru is a fast-growing city, very diverse and has a big commitment to culture’

Bengaluru joins the league of 40 global cities including New York, London, Paris, and Tokyo among others at World Cities Culture Forum




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August’s record gold influx lifts import bill to all-time high

The trade deficit widened to a 10-month high of $29.65 billion, the second highest monthly shortfall in merchandise trade




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Post-1991, southern States emerged as leaders: EAC-PM

Punjab and West Bengal have recorded sharp declines in per capita income after a head start




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EPFO logs 20 lakh net new members in July

The latest data shows that nearly 6.25 lakh members between the ages 18 and 25 are first-time workers or new joiners




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U.S. Fed rate cuts will put money in pockets, but a mood shift may take time

Recent surveys suggest that while the pace of price increases has declined dramatically, the public’s mood is still marred by nearly two years of high inflation




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Unemployment rate stagnant, reveals government survey

It says there is minor increase in the distribution of workers in agriculture and the manufacturing sector shows no growth in giving jobs compared to past years




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Government retains borrowing target, to raise ₹6.61 lakh crore in H2 to fund revenue gap

The gross market borrowing of ₹6.61 lakh crore shall be completed through 21 weekly auctions.




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German economy to shrink further in 2024, think-tanks issue statement




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Government claim of eight crore new jobs is data jugglery, says Congress

Centre included even unpaid household work in its employment data, says Jairam Ramesh




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Govt. extends deadline for filing Income Tax audit report to October 7

The I-T Department said that due to the difficulties faced by taxpayers in electronic filing of audit reports, the deadline is being extended from September 30, 2024 to October 7, 2024




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For the first time in 42 months, core sectors’ output tanked in August

Six of eight infrastructure segments witnessed a year-on-year contraction in production, while fertilizers and steel output grew at a milder pace than July




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Centre decides to maintain status quo of return on small savings scheme

The interest rates on small savings schemes such as Public Provident Fund (PPF) and National Savings Certificate (NSC) are reset each quarter




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Government picks three new members to join RBI’s Monetary Policy Committee

The new members are Ram Singh, Saugata Bhattacharya and Nagesh Kumar. They have been appointed for a period of four years.




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SEBI to take measure for F&O segment soon; calls for tax breaks on municipal bonds

The regulator will make a case for a tax break for municipal bonds during a meeting with the finance commission




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Working with MCA to roll out PM Internship Scheme: CII

The MCA has also launched a dedicated, user-centric portal for the scheme, which will serve as a centralised hub and a link between the companies and the aspiring interns




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Rate cut hopes: at least one new MPC member a dove




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India, U.S. exploring combined engagement with third countries to source minerals: Piyush Goyal

Piyush Goyal said that critical minerals figured in his official parleys with U.S. Commerce Secretary Gina Raimondo on Thursday.




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Public inputs sought for Income Tax Act review

These ideas may be taken up by an internal committee of the Income Tax Department that has been formed to oversee the review of the 1961 law.




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RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5% for 10th time in a row

‘RBI changes stance of monetary policy to ‘neutral’ from withdrawal of accomodation,’ says Shaktikanta Das.




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India plays crucial geopolitical role from American standpoint: USISPF president Mukesh Aghi

“The economic growth story of India is tremendous. India is among very few large economies which are growing 7-8%,” Mukesh Aghi said




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Can India escape middle-income trap?

How does the World Bank define the threshold for middle-income economies? Why is state intervention considered crucial for breaking the middle-income trap? What lessons can be drawn from South Korea and Chile? What challenges does India face in balancing state intervention with democratic values?




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RBI asks banks to ensure easier accessibility for payment systems to persons with disabilities

RBI instructs banks to review payment systems for accessibility to persons with disabilities, ensuring digital payment inclusivity




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Indian conglomerates to spend $800 billion in new projects in 10 years: S&P Global Ratings’ report 

“The Vedanta, Tata, Adani, Reliance and JSW groups alone are prepping about $350 billion of investment in these sectors over the next decade,” Neel Gopalakrishnan of S&P Global Ratings said




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Economics Nobel Winners 2024 and their studies on ‘how institutions are formed and affect prosperity’

Daron Acemoglu and Simon Johnson are professors at the Massachusetts Institute of Technology while James Robinson is based at the Harris School of Public Policy and Department of Political Science at the University of Chicago.




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Dearness Allowance hiked by 3% for Central Government employees ahead of Deepavali

The government had last hiked Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners on March 8




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India’s logistics cost will come down to single-digit percentage in two years: Gadkari

According to quick estimates of the economic think tank National Council of Applied Economic Research (NCAER), logistics costs in India ranged between 7.8% to 8.9% of GDP for the fiscal 2021-22




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New investments see a boom in second quarter

Government capex recovers from a lull in the first quarter; overall investments jump 42.5% sequentially in the second quarter of 2024-25 to ₹9.21 lakh crore; private investors also step up, at a slower pace




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Jet fuel sees 3.3% hike; commercial LPG rates rise by ₹62

This is the fourth straight monthly hike in commercial LPG prices; Commercial LPG now costs ₹1,754.50 per 19-kg cylinder in Mumbai, ₹1,911.50 in Kolkata and ₹1,964.50 in Chennai




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Government invites applications for RBI Deputy Governor

Applicants should have at least 25 years of work experience in Public Administration including experience at the level of Secretary or equivalent in the Government of India




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In South America, Trump already losing a trade battle with China

China’s trade lead in Peru over the United States widened to $16.3 billion last year, a stark reversal of just a decade ago when Washington was the dominant player.v




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Parliament proceedings | Three more MPs suspended, total at 146 as Opposition’s protest over mass suspension continues

Union Parliamentary Affairs Minister Pralhad Joshi moved a resolution to suspend MPs Nakul Nath, Deepak Baij and D.K. Suresh for misconduct and storming the Well in the Lower House




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Ahmedabad University announces Bagchi School of Public Health with ₹55 crore grant

Established in 2023, the school aims to revolutionise public health education and research in India




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Telangana Government aims to strengthen Govt schools in next 3 years

Telangana CM A Revanth Reddy directs officials to set up semi-residential schools and provide education up to the 3rd standard in Anganwadi centres




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Budget provides ₹1.48 lakh cr for education, employment, skill: FM




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NCLAT Chennai judicial member recuses himself from hearing Byju’s plea

Justice Sharad Kumar Sharma of NCLAT Chennai bench recuses himself as The Judge says he had been counsel for the BCCI




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Medical education was a business before NEET; PG seats sold for ₹8-13 crore: Nadda

Nadda emphasised that NEET was introduced to curb these malpractices and standardise the admission process