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India
GST will become a reality soon: Arun Jaitley
Finance minister Arun Jaitley on Thursday hoped that the opposition parties will "see reason" and the Goods and Services Tax (GST), which is held up in Rajya Sabha, will become a reality soon.
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India
Diluting stake in insurance subsidiaries to take time: SBI
State Bank of India, which is looking to divest some of its stake in life and non-life insurance subsidiaries, today said that the process may take "a little time"
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India Australia
Aus hopeful of securing free-trade agreement with India
Australia is hopeful of securing a free-trade agreement with India "sometime this year", trade and investment minister said today after the country signed the historic Trans Pacific Partnership Agreement with 11 other nations. Andrew Robb, with his ...
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India
FinMin receives 70 applications for NIIF CEO post
Finance Ministry has received over 70 application for the post of chief executive of India's maiden sovereign wealth fund. "We are in the process of selecting CEO of NIIF. The CEO will be drawn from the market... We have received 70 applications," ...
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Cina Hong Kong
PM Modi hopes for better trade, investment with Hong Kong
He was speaking to C.Y. Leung, chief executive of Hong Kong Special Administrative Region (SAR), who called on him here
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Giappone
Foxconn’s Gou said to plan appeal on Sharp deal tomorrow
Foxconn Technology Group Chairman Terry Gou plans to travel to Sharp Corp. headquarters in Osaka to meet with management Friday and press his case for a proposed bailout of the Japanese consumer electronics company, according to a person familiar with the matter. Gou asked for the session Thursday after Sharp ...
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Giappone
Negative interest for retail depositors unlikely: Kuroda
Japanese banks are unlikely to apply negative interest rates to deposits held by retail customers, Bank of Japan Gov. Haruhiko Kuroda said Thursday. “Of course, the BOJ will consider additional monetary easing if necessary,” Kuroda told a House of Representatives Budget Committee meeting, showing readiness to lower interest rates further ...
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Giappone
Sharp still talking with both Foxconn, INCJ on bailout, president says
Sharp Corp. says it will decide on the ¥600 billion rescue plan from Taiwan's Hon Hai Precision Industry Co. or the ¥300 billion plan by Innovation Network of Japan in a month. The post Sharp still talking with both Foxconn, INCJ on bailout, president says appeared first on The Japan Times.
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Giappone
Japan’s power producers scour forests in search of wood to burn
With almost 70 percent of its land covered by forests, Japan is leading a drive to return to wood as a source of cleaner energy. While projects in the U.K. and the U.S. are experimenting with biomass, Japan is giving favorable tariffs to power producers who burn leftover wood as ...
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Giappone
Dollar weakens sharply to ¥118 on U.S. data
The dollar was sharply weaker around ¥118 in Tokyo trading on Thursday, following an overnight plunge in overseas trading on sluggish U.S. nonmanufacturing activity data. At 5 p.m., the dollar stood at ¥117.95-95, down from ¥119.97-97 at the same time Wednesday. The euro was at $1.1079-1081, up from $1.0906-0907, and ...