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G RAM G Bill gets LS nod

Financial Express Chandigarh

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December 19, 2025

THE LOK SABHA on Thursday passed a Bill to replace the 20-year-old Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), amid slogan-shouting and uproar by Opposition members.

- FE BUREAU

Replying to an eight-hour-long debate on the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission—Gramin (G RAM G) Bill, Rural Development Minister Shivraj Singh Chouhan alleged large-scale corruption and inefficiencies in the implementation of MGNREGA, arguing that the scheme had “outlived its utility”.

He said the government’s focus had shifted from merely paying wages to creating permanent assets, developing model villages and strengthening rural infrastructure.

Chouhan said the new law was the outcome of extensive deliberations and would enable expenditure of 10-11 lakh crore on water conservation, core rural infrastructure, livelihood creation and special works to mitigate extreme weather events.

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Yen weakens across board after BOJ delivers rate hike

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'Expect a couple more REITs to come in by 2026'

While residential markets faced headwinds this year, the office sector recorded 60 million square feet of gross leasing between January and September 2025, the highest for the first nine months of any year.

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Putin: Russia ready to end war, but sans compromise

PRESIDENT VLADIMIR PUTIN said he's willing to discuss bringing Russia's war in Ukraine to an end, even as he ruled out changes sought by Kyiv and Europe to a US peace plan drawn up with Moscow.

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Funds for rural roads scheme see gross underutilisation

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'Capacity limit costs Mumbai the hub race'

Adani Airport Holdings (AAHL) has laid down the expansion plans for its airport business, but for Jeet Adani, director airports, the larger strategic context is Mumbai's missed opportunity to become India's primary global aviation hub.

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Flipkart buys majority stake in Minivet AI

WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.

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TikTok signs deals with investors to avoid US ban

TIKTOK'S CHINESE OWNER, ByteDance, on Thursday signed binding agreements to hand control of the short video app's US operations to a group of investors, including Oracle, in a big step toward avoiding a US ban and ending years of uncertainty.

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RBI measures push rupee above 90-mark

THE RUPEE POSTED its strongest single-day gain in over three years on Friday, rising above the 90-per-dollar mark late in the session, as the central bank intervened to shore up the currency and curb speculative bets, traders said.

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Boards in a ‘no second chances’ era

In an era of data explosion and real-time disruption, directors are expected to invest deep preparation, continuous learning, and sustained availability

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File revised returns if AIS is showing additional income

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December 20, 2025

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