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Saddened by the violence around the Agnipath scheme, Mahindra Group Chairman Anand Mahindra on Monday announced to recruit “trained and capable” Agniveers.

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China’s crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed in on discounted supplies amid sanctions on Moscow over its invasion of Ukraine.

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Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout.

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Air India Ltd. is considering ordering as many as 300 narrowbody jets, according to people familiar with the matter, in what could be one of the largest orders in commercial aviation history as the formerly state-run airline looks to overhaul its fleet under new ownership.

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India’s annual monsoon rainfall has covered more than half of the country and conditions are favourable for it to advance into central, northern and western regions this week, the weather department said on Monday.

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Following two bird hits on Sunday — one each on SpiceJet and IndiGo that those sent those flights back to the origin airports soon after take off — the Directorate General of Civil Aviation (DGCA) on Monday asked airport operators to immediately take steps to minimise this risk.

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Nearly one in four European companies in China are considering shifting their investments out of the country as the ongoing Covid outbreaks and lockdowns dim the outlook for the world’s second-largest economy, a survey showed.

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Air passengers are expected to hit 83 percent of pre-pandemic levels this year and the aviation industry’s return to profit is “within reach” in 2023 despite ongoing uncertainty, the International Air Transport Association said on Monday.

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India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with Russia.

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Capital markets regulator Sebi on Monday said all demat accounts of stock brokers, which are untagged, need to be appropriately tagged by June-end. Credit of securities will not be allowed in any demat account left untagged from July 1 onwards.

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