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The Signal messaging app logo is seen on a smartphone.(REUTERS)

Messaging app Signal experiencing technical difficulties

Reuters
UPDATED ON JAN 15, 2021 10:48 PM IST
Signal has seen a rise in downloads following a controversial change in rival messaging app WhatsApp's privacy terms, which required WhatsApp users to share their data with both Facebook Inc and Instagram
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Bengaluru is also ranked sixth for the world’s tech venture capitalist (VC) investments, on a global list topped by Beijing and San Francisco, New York, Shanghai and London making up the top five.(PTI File)
Bengaluru is also ranked sixth for the world’s tech venture capitalist (VC) investments, on a global list topped by Beijing and San Francisco, New York, Shanghai and London making up the top five.(PTI File)

Bengaluru emerges as world’s fastest growing tech hub, London second: Report

PTI, London
PUBLISHED ON JAN 15, 2021 10:37 PM IST
The UK capital of London registered an impressive three times growth between 2016 and 2020, rising from USD 3.5 billion to USD 10.5 billion.
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The PIL said the ministries of commerce and finance control and regulate the export policies and decide as to under which Harmonized System (HS) Codes each good will be exported.(MINT ARCHIVE)
The PIL said the ministries of commerce and finance control and regulate the export policies and decide as to under which Harmonized System (HS) Codes each good will be exported.(MINT ARCHIVE)

SC asks Govt's, 61 firms' reply on PIL alleging duty evasion in iron ore exports

PTI, New Delhi
PUBLISHED ON JAN 15, 2021 09:39 PM IST
A bench headed by Chief Justice S A Bobde took note of submissions of lawyer and PIL petitioner ML Sharma that companies be prosecuted for alleged evasion of export duty by declaring wrong tariff code to export iron ore.
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PVR said even post reopening, the combination of staggered state wide reopening, capacity restrictions and limited movie releases impacted the admit levels while costs continue to be incurred.( Harsimar Pal Singh/Hindustan Times)
PVR said even post reopening, the combination of staggered state wide reopening, capacity restrictions and limited movie releases impacted the admit levels while costs continue to be incurred.( Harsimar Pal Singh/Hindustan Times)

PVR reports net loss of 49 crore in Q3

PTI, New Delhi
PUBLISHED ON JAN 15, 2021 09:03 PM IST
Revenue from operations during the period under review stood at 45.10 crore, down 95.04 per cent from 915.74 crore in the corresponding quarter a year ago.
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The regulator made it clear that carrying passengers as well as cargo in the passenger compartment at the same time is not allowed.(Representative image)
The regulator made it clear that carrying passengers as well as cargo in the passenger compartment at the same time is not allowed.(Representative image)

DGCA issues guidelines on carrying cargo in passenger compartment of aircraft

PTI, New Delhi
UPDATED ON JAN 15, 2021 07:44 PM IST
"Operator intending to carry cargo in passenger compartment shall apply to DGCA at least 10 days prior to the proposed commencement of operations," the regulator said in its guidelines.
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With less than five weeks before the UK’s transition period ends, Brexit negotiations are in their final stages.(AP file photo)
With less than five weeks before the UK’s transition period ends, Brexit negotiations are in their final stages.(AP file photo)

Stuck in Kent: How Brexit red tape strangled cross-border trade

Bloomberg
UPDATED ON JAN 15, 2021 07:30 PM IST
Britain’s logistics industry had warned that businesses would need to hire an additional 50,000 workers to process the 200 million extra customs forms that will be required annually after Brexit.
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A coronavirus information sign is displayed by a bus stop in London. (AP Photo)
A coronavirus information sign is displayed by a bus stop in London. (AP Photo)

UK prepares for another recessions as lockdowns cripple economy

AP, London
PUBLISHED ON JAN 15, 2021 07:09 PM IST
  • Because of the November fall, the economy is set to contract again in the fourth quarter.
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The headquarters of European Central Bank (ECB) is photographed as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown in Frankfurt, Germany, January 14, 2021. REUTERS/Kai Pfaffenbach(REUTERS)
The headquarters of European Central Bank (ECB) is photographed as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown in Frankfurt, Germany, January 14, 2021. REUTERS/Kai Pfaffenbach(REUTERS)

Banks in Europe yet to fully feel pandemic’s impact, warns ECB

Bloomberg
PUBLISHED ON JAN 15, 2021 04:19 PM IST
A key challenge is that companies propped up by government support measures in 2020 could find themselves in vulnerable financial positions as those programs are withdrawn.
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The committee members comprise four RBI officials and two external experts.(Photo: Mint)
The committee members comprise four RBI officials and two external experts.(Photo: Mint)

RBI drains 2 trillion in a bid to nudge shorter rates higher

Bloomberg
PUBLISHED ON JAN 15, 2021 04:08 PM IST
The RBI is draining excess cash after money-market rates crashed way below its 3.35%-4.00% interest-rate corridor late last year, spurring calls from investors for it to remedy a situation that could distort banks’ asset pricing.
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The company board also declared an interim dividend of 25 per cent ( <span class='webrupee'>₹</span>2.50 per share) for financial year 2020-21.(Mint file photo)
The company board also declared an interim dividend of 25 per cent ( 2.50 per share) for financial year 2020-21.(Mint file photo)

GAIL announces 1,046.35 crore share buyback

PTI, New Delhi
PUBLISHED ON JAN 15, 2021 03:25 PM IST
The government has asked at least eight state-run companies to consider share buybacks as it scours for ways of raising funds to rein in its fiscal deficit.
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A person walks along a train platform at Waterloo station, amid the coronavirus disease (Covid-19) outbreak, in London, Britain.(REUTERS)
A person walks along a train platform at Waterloo station, amid the coronavirus disease (Covid-19) outbreak, in London, Britain.(REUTERS)

UK economy pushed into reverse by November lockdown

Reuters
PUBLISHED ON JAN 15, 2021 03:03 PM IST
The 2.6% monthly decline was much smaller than most analysts expected - a Reuters poll had pointed to a 5.7% contraction - but several economists said Britain was still likely to suffer a double-dip recession.
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New York Stock Exchange (NYSE) at Wall Street on January 12, 2021 in New York City. - US stocks on January 11. 2021 retreated from records set last week as political uncertainty, including efforts to remove President Donald Trump from power, has finally shaken investors. (Photo by Angela Weiss / AFP)(AFP)
New York Stock Exchange (NYSE) at Wall Street on January 12, 2021 in New York City. - US stocks on January 11. 2021 retreated from records set last week as political uncertainty, including efforts to remove President Donald Trump from power, has finally shaken investors. (Photo by Angela Weiss / AFP)(AFP)

World shares follow Wall St lower as traders mull Joe Biden plan

AP
UPDATED ON JAN 15, 2021 02:57 PM IST
U.S. futures lost ground after President-elect Joe Biden announced his plans to propose a $1.9 billion package to help along a recovery from the coronavirus pandemic. Biden spoke about the plan after Thursday’s market close.
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A thermal imaging camera is seen in front of a logo of Ant Group at the headquarters of Ant Group.(Reuters File Photo)
A thermal imaging camera is seen in front of a logo of Ant Group at the headquarters of Ant Group.(Reuters File Photo)

Ant is working on timetable for overhaul: Chinese central bank

Bloomberg
UPDATED ON JAN 15, 2021 02:44 PM IST
China’s central bank said Ant Group Co. is working on a timetable to overhaul its business while ensuring operations continue, offering little clue on how far the financial technology giant needs to go to assuage Beijing.
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Xiaomi Corp. smartphones and tech products on display inside the AliExpress plaza retail store, operated by Alibaba Group Holding Ltd., in Barcelona, Spain(Bloomberg)
Xiaomi Corp. smartphones and tech products on display inside the AliExpress plaza retail store, operated by Alibaba Group Holding Ltd., in Barcelona, Spain(Bloomberg)

Trump’s Move Cost Bosses at China Tech Giant $4.5 Billion

Bloomberg
PUBLISHED ON JAN 15, 2021 02:29 PM IST
The Trump administration’s surprising blacklisting of Xiaomi Corp. is costing its top executives big bucks.
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Retailers on their way to their shops at Saban Bazaar in Ludhiana on Tuesday. (Gurpreet Singh/HT)
Retailers on their way to their shops at Saban Bazaar in Ludhiana on Tuesday. (Gurpreet Singh/HT)

RAI urges govt to allow retailers to register under MSMEs

PTI, New Delhi
PUBLISHED ON JAN 15, 2021 01:43 PM IST
The USD 854 billion Indian retail sector was one of the worst impacted due to the pandemic.
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Weaker domestic firms have been the biggest beneficiaries of unprecedented fiscal stimulus and record-low benchmark interest rates delivered by the central bank to support Asia’s third-biggest economy.(Bloomberg)
Weaker domestic firms have been the biggest beneficiaries of unprecedented fiscal stimulus and record-low benchmark interest rates delivered by the central bank to support Asia’s third-biggest economy.(Bloomberg)

Borrowing costs for firms jump on RBI's steps to drain cash

Bloomberg
PUBLISHED ON JAN 15, 2021 01:21 PM IST
The surge comes after the RBI announced plans last week to restore normalcy to liquidity operations in markets in a phased manner.
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The USTR said Snapdeal remains a concern for right holders who report that the volume of counterfeit products on this platform has increased over the past year.(Reuters file photo)
The USTR said Snapdeal remains a concern for right holders who report that the volume of counterfeit products on this platform has increased over the past year.(Reuters file photo)

Snapdeal, 4 Indian shopping complexes figure in US Notorious Markets List

By hindustantimes.com | PTI, Washington
UPDATED ON JAN 15, 2021 12:42 PM IST
Snapdeal, four Indian shopping complexes figure in US Notorious Markets List.
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Covid-19 vaccine breakthroughs and a recent pledge by Saudi Arabia to deepen output cuts has driven oil 50% higher since the end of October.(Reuters file photo)
Covid-19 vaccine breakthroughs and a recent pledge by Saudi Arabia to deepen output cuts has driven oil 50% higher since the end of October.(Reuters file photo)

Oil retreats from 10-month high as stronger dollar dents rally

By hindustantimes.com | Bloomberg
PUBLISHED ON JAN 15, 2021 12:07 PM IST
Crude is still set for the 10th weekly increase in eleven weeks, even after prices climbed into overbought territory.
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On Thursday, the rupee had settled at 73.04 against the American currency.(Getty Images/iStockphoto)
On Thursday, the rupee had settled at 73.04 against the American currency.(Getty Images/iStockphoto)

Rupee slips 3 paise to 73.07 against US dollar in early trade

PTI
PUBLISHED ON JAN 15, 2021 10:39 AM IST
At the interbank forex market, the domestic unit opened at 73.07 against the US dollar, registering a fall of 3 paise over its previous close.
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Infosys Ltd was down 1.3%, while HDFC Bank fell 0.7%, dragging down the Nifty 50 index.(PTI)
Infosys Ltd was down 1.3%, while HDFC Bank fell 0.7%, dragging down the Nifty 50 index.(PTI)

Indian shares edge lower as Infosys, HDFC Bank weigh; Airtel jumps

Reuters, Bengaluru
UPDATED ON JAN 15, 2021 09:52 AM IST
The blue-chip NSE Nifty 50 index fell 0.5% to 14,529 and the benchmark S&P BSE Sensex was down 0.4% at 49,600.11 by 0411 GMT.
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The unit of Japan’s Toyota Motor Corp. has two plants spread over 432 acres in Bidadi where it manufactures its flagship Innova, Fortuner and Camry Hybrid among other vehicles.(AFP)
The unit of Japan’s Toyota Motor Corp. has two plants spread over 432 acres in Bidadi where it manufactures its flagship Innova, Fortuner and Camry Hybrid among other vehicles.(AFP)

Toyota to pay $180 million to settle US emissions violations: Report

AFP
UPDATED ON JAN 14, 2021 11:11 PM IST
"Toyota pays the price for its misconduct with a $180 million civil penalty and agreement to injunctive relief to ensure that its violations will not be repeated," Assistant Attorney General Jeffrey Bossert Clark said in a statement.
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Tesla Inc CEO Elon Musk confirmed on Twitter replying to a fan who asked about the progress of the company's India entry plans saying, "Yea..Next year for sure".(REUTERS)
Tesla Inc CEO Elon Musk confirmed on Twitter replying to a fan who asked about the progress of the company's India entry plans saying, "Yea..Next year for sure".(REUTERS)

'As promised': Tesla CEO confirms entry into India's automobile market

PTI, New Delhi
PUBLISHED ON JAN 14, 2021 07:31 PM IST
The company has been registered as an unlisted private entity with a paid-up capital of 1 lakh.
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Encrypted messaging apps Signal and Telegram are seeing huge upticks in downloads from Apple and Google's app stores, while WhatsApp's growth is on the decline following a privacy fiasco where the company was forced to clarify a message it sent to users.(AP)
Encrypted messaging apps Signal and Telegram are seeing huge upticks in downloads from Apple and Google's app stores, while WhatsApp's growth is on the decline following a privacy fiasco where the company was forced to clarify a message it sent to users.(AP)

Open to answering any queries from govt on privacy policy update: WhatsApp

PTI
PUBLISHED ON JAN 14, 2021 05:10 PM IST
"We know we have to compete for users' trust when it comes to privacy and that's very good for the world. People should have choices in how they communicate and feel confident that no one else can see their chats," WhatsApp Head Will Cathcart said.
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Covid-19 has already ravaged the UK retail sector, with tens of thousands of jobs being lost and big-name bankruptcies, although supermarkets have boomed.(Reuters Photo)
Covid-19 has already ravaged the UK retail sector, with tens of thousands of jobs being lost and big-name bankruptcies, although supermarkets have boomed.(Reuters Photo)

England high streets could lose 400,000 jobs post Covid-19: study

AFP
UPDATED ON JAN 14, 2021 05:10 PM IST
"According to KPMG analysis, high streets could lose between 20-40 percent of their retail offerings... This could see over 400,000 job losses on the high street."
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The spokesperson also said Google "regularly pause ads over unpredictable, 'sensitive' events when ads can be used to exploit the event or amplify misleading information."(Reuters)
The spokesperson also said Google "regularly pause ads over unpredictable, 'sensitive' events when ads can be used to exploit the event or amplify misleading information."(Reuters)

Google pauses all political ads in wake of attack on US Capitol

ANI
UPDATED ON JAN 14, 2021 04:09 PM IST
At least five people, including a policeman on duty and a female air force veteran who supported Trump, died in January 6 attack. Social media companies Twitter, Facebook and Google's YouTube have all suspended Trump from their platforms.
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In the bond markets there was starting to be signs of selling again.(AFP)
In the bond markets there was starting to be signs of selling again.(AFP)

Stimulus helps global stocks shrug off impeachment chaos

Reuters
PUBLISHED ON JAN 14, 2021 04:05 PM IST
Japan's Nikkei hit a three-decade peak in Asia and Europe opened 0.4% higher as traders there ignored the prospect of another Italian government collapse.
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On Friday, the rupee had settled at 73.11 against the American currency. Representational image.(Getty Images/iStockphoto)
On Friday, the rupee had settled at 73.11 against the American currency. Representational image.(Getty Images/iStockphoto)

Rupee gains 11 paise to finish at 73.04 against US dollar

PTI, Mumbai
PUBLISHED ON JAN 14, 2021 03:58 PM IST
At the interbank forex market, the rupee opened at 73.18 and hit an intra-day high of 72.97 and a low of 73.18.
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Oil producers face an unprecedented challenge balancing supply and demand as factors including the pace and response to Covid-19 vaccines cloud the outlook.(REUTERS)
Oil producers face an unprecedented challenge balancing supply and demand as factors including the pace and response to Covid-19 vaccines cloud the outlook.(REUTERS)

Oil prices ease as pandemic outweighs Chinese and US data

Reuters
PUBLISHED ON JAN 14, 2021 03:57 PM IST
Brent crude oil futures fell 36 cents to $55.70 a barrel by 0917 GMT, while US West Texas Intermediate (WTI) dropped 26 cents to $52.65.
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Pedestrians pass by closed stores on the Zeil shopping street in Frankfurt, Germany.(Bloomberg)
Pedestrians pass by closed stores on the Zeil shopping street in Frankfurt, Germany.(Bloomberg)

German economy shrank 5 per cent in pandemic year 2020

AP
UPDATED ON JAN 14, 2021 03:57 PM IST
The pandemic downturn was smaller than that experienced during 2009, when the economy shrank by 5.7% The state statistics office Destatis said Thursday that only the construction sector showed an upturn as industry and services saw deep declines.
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People look at the digital screen on the facade of BSE building in Mumbai.(PTI)
People look at the digital screen on the facade of BSE building in Mumbai.(PTI)

Sensex ends at lifetime high of 49,584; Nifty just shy of 14,600

By hindustantimes.com | PTI
UPDATED ON JAN 14, 2021 04:05 PM IST
Recovering from a shaky start, the 30-share BSE index ended 91.84 points or 0.19 per cent higher at its new lifetime closing high of 49,584.16.
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