India
Vai alla Scheda Paese »Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
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Inability to find a quick buyer may make Tata Steel’s UK exit difficult
“The market is enthused by the possibility of the exit of Tata Steel from UK’s unprofitable assets. However, finding a buyer is unlikely to be very easy," Macquarie said.
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India on course of fiscal consolidation: US official
Indian policymakers have moved "aggressively" to reduce inflation, improve external stability and put India on a course of fiscal consolidation, a top US official has said, praising policy improvements that have strengthened investors' confidence in the country.
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The elephant in the stats
GOVERNMENT statisticians shun the limelight, which only ever finds them when things go awry. So it is with India’s national bean counters, who are struggling to convince the world that an economy with idle factories, sagging exports and ailing banks grew by 7.5% in 2015, as their models purport to ...
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Wages of chagrin
No longer indentured MANY in the Western world may fret about excessive immigration, but in truth its borders are relatively closed. In 2015 migrants made up 15% of America’s population, compared with 88% in the United Arab Emirates (UAE). Migrants go to the Emirates in search of higher wages; 65% come ...
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Global appetites
You say “tomato”, I say “Zomato” INDIA has surprisingly few brands that are recognised abroad. Some have been acquired, such as Jaguar, Land Rover orTetley tea, which are all part of the Tata conglomerate. One or two business-facing ones exist, such as Infosys, a firm of technology consultants. But consumer marques ...
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SBI cuts home loan interest rate to 9.45%
State Bank of India has lowered its lending rate for home loans to 9.45 per cent and further to 9.4 per cent for women customers following implementation of a new interest rate calculation regime mandated by RBI.
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No dichotomy between assurances and action on retro tax: Sinha
Mumbai, Apr 7 () Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha today said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.
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Dal price may take flavour out of obbattu
While the price of tur dal was around Rs 75-Rs 85/kg last year, it's around Rs 155 - Rs 165 now, with a 10% jump in the past 15 days alone. President of Bangalore Wholesale Food grain and Pulses Merchants Association, said, "The wholesale price went up by Rs 7 ...
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Cong's allegation false, mischievous & motivated: BJP MP
New Delhi, Apr 7 () BJP MP Abhishek Singh, son of Chhattisgarh Chief Minister Raman Singh, today rejected as "false, mischievous and politically motivated" the Congress charge against him that he held offshore accounts and asserted that he held no investment or share in any foreign company.
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Caution ahead of Q4 results dents equity markets (Roundup)
Mumbai, April 7 (IANS) Caution ahead of the quarterly results season, along with relentless selling by foreign funds, caused a slump in the Indian equity markets on Thursday.
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Exceedingly high oil prices can create problem: Jaitley
New Delhi, Apr 7 () Even if oil prices move a little higher, they will not be negative for India but "exceedingly high" rates create problems for the country, Finance Minister Arun Jaitley said today.
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Govt expands CNG sales network to lure motorists, curb pollution
Oil minister said by mid-May another 60 retail stations would be up and running in Delhi and nearby towns, easing long queues seen outside gas stations
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Exceedingly high oil prices can create problem: Arun Jaitley
On GDP growth, Jaitley said, global conditions are not supporting India's growth now but once it turn favourable it will push up further
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India open to joining APEC: Jaitley
New Delhi, April 7 (IANS) India is open to joining the Asia Pacific Economic Cooperation (APEC), while the final decision on its joining will be taken by the group of 21 Pacific Rim nations in their meeting at Lima (Peru) in November, Finance Minister Arun Jaitley said on Thursday.
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AAP demands Jaitley's resignation over 'Panama Papers'
New Delhi, April 7 (IANS) The Aam Aadmi Party (AAP) on Thursday demanded Finance Minister Arun Jaitley's resignation, saying one of those linked to the 'Panama Papers' was the BJP leader's friend Lokesh Sharma.
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NITI Aayog moots tax breaks for electronics manufacturing
In a new policy paper on electronics manufacturing, NITI Aayog has suggested that with a policy shift, India is poised to make a dent in the global market with high input costs in China but warns that this is ‘perhaps India’s last such opportunity’.
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PM Narendra Modi's 'Make in India' is a success: Moody's
Rating agency Moody’s has said that net foreign direct investment (FDI) inflows have hit an all-time high of $3.0 billion on a 12-month moving average basis in early 2016, highlighting success of PM Modi’s 'Make in India’ initiative. The FDI inflows have more than financed the current account deficit.
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Sensex extends losses, down 176 pts in late morning trade
Mumbai, Apr 7 () The benchmark BSE Sensex extended losses in the late morning deals and was trading lower by 176 points following sustained selling in consumer durables, banking, IT, auto, FMCG, teck and telecom sectors. Sensex resumed higher at 24,998.79 and moved in a range of 25,013.
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Karnataka ban on plastic use stumps quick service restaurants
The state’s ban on serving and packing fresh food in plastic containers, effective April 1, means popular eating out and coffee chains including Café Coffee Day, McDonald’s and KFC have to change their packaging strategy overnight.
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Sensex down 92 points in early trade on Asian cues
The benchmark BSE Sensex fell over 92 points and the NSE Nifty dipped below the 7,600-mark in early trade on selling in auto, FMCG, banking, capital goods and consumer durables stocks. NSE Nifty broke below the 7,600-mark by falling 22.55 points or 0.30 per cent to 7,591.80.
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Tata drives in Tiago mini for Rs 3.2 lakh
Tata Motors drove in 'Tiago' hatchback with an aggressive entry price of Rs 3.2 lakh (ex-showroom Delhi) as it looks to turn around its sales performance. Tiago will compete with models such as Hyundai i10, Maruti WagonR and Ford Figo.