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IPL 2022: KL Rahul blames Lucknow's poor fielding for the Eliminator defeat vs Bangalore

IPL 2022: KL Rahul blames Lucknow's poor fielding for the Eliminator defeat vs Bangalore

Tomatoes hit a century! Prices turn consumers red in anger

Tomatoes hit a century! Prices turn consumers red in anger

Pakistan faces bankruptcy, funds to cover only 2 months of imports

Pakistan faces bankruptcy, funds to cover only 2 months of imports

IPL 2022: Rajat Patidar becomes first uncapped player to hit a century in playoffs

IPL 2022: Rajat Patidar becomes first uncapped player to hit a century in playoffs

Karan Johar's 50th birthday bash: From Salman Khan to Kareena Kapoor, celebs grace the carpet

Karan Johar's 50th birthday bash: From Salman Khan to Kareena Kapoor, celebs grace the carpet

Cabinet relaxes FDI norms for single brand retail, coal mining

The govt announced a slew of measures to ease foreign direct investments in India, to tackle the widespread economic slowdown. Union Minister Piyush Goyal announced the govt's decision to approve 100% FDI for coal mining and all associated activities via the automatic route. The Centre also relaxed local sourcing norms for FDI in single-brand retail providing relief to firms like Apple, Ikea and has also set the measuring of sourcing norms for a block of five years. Goyal also announced that domestic procurement for exports is included in the 30% local sourcing clause. Cabinet has allowed single-brand companies to start online sales and relaxed rules for brick and mortar store for ease of doing business.

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