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India
Rural ministry proposes incentives for local banks to achieve rural housing target
The government has set a target of building three crore houses under its rural housing scheme in the next seven years.
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India
New Silk Route, Pradeep Guha in talks with Sony to sell 9X Media
Owing to poor demand the PE fund and other shareholders have been engaging with prospective buyers on and off for the last two years.
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India
Bike service UberMOTO to debut in Bengaluru today; fares as low as Rs 3/km
To be called UberMOTO, the service is aimed at tapping additional revenue streams in one of the world’s biggest markets for two-wheelers.
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India
FDI in food retail will enrich farmers: Harsimrat Kaur Badal
Harsimrat Kaur Badal said that the Walmart can invest billions of dollars and set up multibrand retail stores on its own, enriching farmers with foreign capital.
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India Iran
21% rise in India's oil imports from Iran in February
India's oil imports from Iran rose by over a fifth in February, the first month after a nuclear deal that lifted restrictions on Tehran's oil exports, preliminary tanker data obtained by Reuters shows.
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India
Saudi raises crude price to Europe, Asia, cuts it for US
Saudi Arabia, the world's largest crude exporter, Wednesday raised the April prices of its oil to Asia and Europe but cut it slightly for shipments to the United States.
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India
Senior citizens drive up travel business
Unlike earlier when older people chose to spend a quiet life after retirement, senior citizens are now eager to see the world.
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India
SBI seeks Mallya arrest, wants his passport impounded
The country’s largest lender, State Bank of India, has approached the Debt Recovery Tribunal (DRT) seeking arrest of Vijay Mallya in a bid to recover loans to Kingfisher Airlines, which was promoted by the liquor baron.
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India
Long-term capital gain: Investors get final say
Domestic investors now have the final say on whether income arising on sale of listed shares and securities (sold by them after a holding period of 12 months) should be treated as capital gains (which does not attract tax), or as business income.
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India
Sebi bans 16 firms from commodities
Markets regulator Sebi on Wednesday cracked down on 16 entities for irregularities in the commodities derivatives market by banning them till further orders for manipulating trading in castor seeds futures on National Commodity & Derivatives Exchange (NCDEX) a few months ago.