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1.A borrower cannot be called a ‘consumer’ under the Consumer Protection Act if the loan was taken from the bank for a profit-generating exercise, the Supreme Court has said.
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2.Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011, which had helped spark a transformation in how people communicate online.
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3.Chinese AI startup DeepSeek Saturday disclosed some cost and revenue data related to its hit V3 and R1 models, claiming a theoretical cost-profit ratio of up to 545 per cent per day, though it cautioned that actual revenue would be significantly lower.
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4.Ukrainian President Volodymyr Zelenskyy's meeting with Donald Trump ended in disaster Friday, after the two leaders clashed in an extraordinary exchange before the world's media at the White House over the war with Russia.
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5.The latest round of talks on the second phase of the ceasefi re between Israel and Hamas has made no progress so far, and it was unclear whether the talks would resume Saturday, a senior Hamas official said.
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6. Multilateral financing agency International Monetary Fund (IMF) has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 5 per cent in 2025-26.
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7.The Supreme Court directed Haryana, Uttar Pradesh and Rajasthan to pay compensation to construction workers whenever they are affected by the closure of activities due to GRAP measures in Delhi-NCR even if there is no specific court order on it.
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8.Delhi experienced a warm February this year, with both maximum and minimum temperatures showing a rise compared to the previous year.
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9.Union Home Minister Amit Shah Saturday directed security forces to ensure free movement of people on all routes in Manipur from March 8 and also called for strict action against those creating obstructions.
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10.In a move aimed at combating air pollution, the Delhi government announced Saturday that from April 1, fuel pumps in the national capital will not provide petrol and diesel to vehicles older than 15 and 10 years, respectively.
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11. Gross GST collections rose by 9.1 per cent to about Rs1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival.
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12.The Reserve Bank Saturday said 98.18 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs6,471 crore worth such notes are still with the public.
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13.The state government Saturday launched a website for the issuance of new ration cards. A total of 3.25 crore people in the state are beneficiaries under the National Food Security Act (NFSA), while another 6.48 lakh people have been covered under the State Food Security Scheme (SFSS).
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14.A seemingly invincible India will be eager to sharpen their game against spin and give a run to second-line players ahead of the semifinal when they take on New Zealand in their last group match of the Champions Trophy here Sunday.
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15. A court here has allowed Delhi police to withdraw a 2019 case of sedition against former JNUSU vice president Shehla Rashid Shora for her tweets on the Army, police sources said.
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