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India
HDFC’s $750 million masala bonds plan on hold due to adverse interest rates
The company had got board approval to raise rupee-denominated bonds of as much as $750 million in overseas market during the current financial year.
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India
Sensex regains 23k, Nifty above 7k ahead of Economic Survey
Brokers said optimistic buying by participants and domestic funds ahead of the Economic Survey due today and the Budget on Monday came as a big positive.
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India
India can gain over $500 bn yearly joining TPP: Economic Survey
By joining an expanded Trans-Pacific Partnership (TPP) or participating in a comprehensive Free Trade Area of the Asia Pacific (FTAAP) and the country's national income would expand by 4%, or $200 billion
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India
GST rollout to bring unprecedented reform: Economic Survey
The Goods and Service Tax (GST) bill has the potential to push India's GDP by 1%-2%
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India
As Modi euphoria cools, India faces test to keep foreigners invested
Foreign investors are showing their displeasure by dumping a net $2.4-b in shares this year
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Giappone
Nintendo halves 2015 net profit forecast on yen rise, weak sales
Nintendo Co. said Friday it has more than halved its forecast for group net profit for the year through March due to the yen’s appreciation and sluggish sales of software for the handheld Nintendo 3DS game console. The video game company is projecting a consolidated net profit of ¥17 billion ...
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Giappone
Japan’s government talks of postponing 2017 tax hike
The government is ready to postpone a scheduled hike in the consumption tax if the move looks like it would weaken the economy and reduce total tax revenues, Chief Cabinet Secretary Yoshihide Suga told a regular news conference Friday. The government has pledged to hike the unpopular tax to 10 ...
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Giappone
Dollar cuts gains to trade below ¥113 in Tokyo
The dollar gave up some of its early gains to move below ¥113 in Tokyo trading late Friday, with a wait-and-see mood growing before Group of 20 top finance officials start their two-day meeting later in the day. At 5 p.m., the dollar stood at ¥112.87-88, still up from ¥112.16-17 ...
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Giappone
Panasonic to cut 50 jobs at solar ingot plant in Oregon
Panasonic Corp. will cut 50 jobs in April at a factory that makes solar ingots in Oregon amid slowing demand for photovoltaic panels in Japan. The plant, which employs about 140 people, began reducing ingot production in January, a Panasonic spokeswoman said Friday. The company plans to increase output once ...
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Giappone
Nissan disables Leaf electric car app after cross-continent hack
Nissan Motor Co. has disabled a mobile application for controlling its Leaf electric car after a security researcher demonstrated how hackers could access temperature controls and other functions from across continents. The nation’s second-largest automaker made the app unavailable after Australian researcher Troy Hunt demonstrated an ability to hack into ...