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INDIAN (B)

INDIAN (B)

A $1.4 trillion spending push tops Modi 2.0 agenda

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If the PM Modi-led government delivers on its key campaign promises, Indian economy is set for a major boost. The economy is in need of stimulus and finding the money to pay for the populist pledges will be Modi’s immediate challenge. BJP pledged cash handouts to farmers, Rs 100 lakh cr for infrastructure, a boost to manufacturing, and a doubling in exports.



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INDIAN (B)

Breakup isn't the answer, FB chief Zuckerberg says

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The Facebook co-founder’s defence came as it reported that it recently disabled billions of bogus accounts set up by “bad actors” and that 5 per cent of active accounts is likely fakes. He argued that breaking up the company might mean fewer resources to curb harmful online content and election interference and improve privacy and the portability of personal data.



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INDIAN (B)

SpaceX launches 1st satellite for Musk's Starlink

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The rocket blasted off from Cape Canaveral Air Force Station marking a milestone in a global enterprise aimed at generating cash for Musk’s larger ambitions in space. The satellites for Starlink are designed to form the initial phase a planned constellation capable of beaming signals for high-speed internet service from space to paying customers around the globe.



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INDIAN (B)

Sensex rallies over 400 points after Narendra Modi's resounding victory

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The benchmark BSE sensex rallied over 400 points in early trade on Friday a day after Prime Minister Narendra Modi-led BJP got an absolute majority in the Lok Sabha elections. Amid market euphoria, the rupee also appreciated 23 paise to 69.78 against the US dollar.
After hitting a high of 39,223.85, the 30-share index was trading 170.51 points, or 0.44 per cent, higher at 38,981.90. Similarly, the broader NSE Nifty spurted 54.15 points, or 0.46 per cent, to 11,711.20.



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