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India
India has its hands full in implementing key reforms to boost economy: Arun Jaitley
Said he hoped the country will be able to improve its growth this year from the 7.6% achieved last fiscal
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USA
Fiscal concerns cloud likely uptick in Capex
By increasing states' share in the divisible tax pool to 42%, the 14th Finance Commission has ushered in a monumental change in the country's fiscal architecture. States now have the flexibility to prioritise their expenditure. Ishan Bakshi looks at ...
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India
Ready for a quantum leap
With investments totalling Rs 40,000 crore in the pipeline, Uttar Pradesh is poised for a take-off
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Giappone
Luxury foreign cars find favor among Japan’s rich
Tokyo businessman Randal Furudera isn’t about to swap his German-made BMW M5 for a “boring” Japanese car, although he’ll give them some grudging respect for their ho-hum dependability. Deep-pocketed buyers like Furudera are driving sales in Japan of high-end foreign brands, which dominate the niche sector in a car market ...
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Giappone
Republicans dig in as North Carolina businesses, amid mounting losses, urge anti-LBGT law be axed
North Carolina business leaders on Tuesday called for a repeal of a new state law they blamed for mounting economic losses as opponents cancel jobs and events over concerns that it discriminates against gay and transgender people. The state last month became the first to require transgender people to use ...
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Giappone
North Korea risks foreign earnings, remittance cutoff if it conducts fifth nuke test: U.S. envoy
A fifth North Korean nuclear test could trigger new sanctions including an effort to choke off hard currency earnings by its laborers abroad, the top U.S. diplomat for the Asia-Pacific region said on Tuesday. “Like a regimen of medicine, the dosage can be upped when the effects fall short of ...
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Giappone
Intel to shed 12,000 workers amid PC sales slump, shift in direction
Intel is cutting 12,000 jobs — about 11 percent of its workforce — as it reorganizes to confront a decline in sales of personal computers. The giant chipmaker made the announcement Tuesday as it reported lower-than-expected sales for the first quarter. This as industry analysts say an extended slide in ...
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Cina Giappone
Apple says China sought but was denied firm’s ‘source code’
Apple on Tuesday denied providing Chinese authorities with special access to its devices, as the iPhone maker defended its position on encryption and cooperation with U.S. law enforcement. The company’s general counsel, Bruce Sewell, was appearing at a U.S. congressional hearing on encryption’s impact on law enforcement, as the high-tech ...
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Giappone
Kyushu quakes, subsequent warnings, seen cooling influx of tourists from abroad
Japanese tourism industries are increasingly concerned that a series of powerful earthquakes that have hit Kyushu, including Kumamoto Prefecture, recently could dampen foreigners’ demand for travel to the country. The Chinese Consulate General in the city of Fukuoka on Saturday warned Chinese citizens not to travel to Kumamoto, which was ...
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Giappone
Kanto, Kansai, Kyushu to test biometric-based, cashless payment tech for overseas visitors
Japan’s economy ministry is planning to test cashless payment technology using fingerprints and other biometric markers to make transactions more convenient for foreign tourists, sources close to the project said Tuesday. The trials by the Ministry of Economy, Trade and Industry will be held from around October in tourism hot ...