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Regno Unito
Brexit would ‘threaten jobs’, warn UK business leaders
The bosses of more than a third of Britain’s top companies on Feb. 23 urged voters to keep the country in the European Union, warning that an exit from the bloc would threaten jobs
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India
India to rebound sharply as world recovers, say analysts at Kotak Institutional Equities Investor Conference
Investors, analysts and money managers said India will come out shining once the dark clouds of global economic uncertainties pass away. Analysts say the downside of global turmoil is limited for India's markets.
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India
India likely to review FTAs after WTO’s facilitation pact kicks in
India may take a re-look at its free trade agreements once the World Trade Organization’s trade facilitation agreement (TFA) comes into force. The move follows a meeting chaired by PM Modi where the role of India’s free trade agreements was discussed.
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India
Bihar sixth state to join UDAY, benefit pegged at Rs 117 crore
Bihar has joined the Centre’s power distribution sector revival scheme that targets operational and financial turnaround of state discoms. The scheme is expected to help the state speedily provide power to around 1,152 villages. Gujarat, Rajasthan, and Jharkhand are already part of this scheme.
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India
India eases customs rules for local arms of multinationals
India has simplified customs rules of pricing of imports by related parties including Indian arms of import-dependent multinationals. Simplified mechanism to ease up doing business for import dependent multinationals.
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India
PSB mergers top priority under banking reforms
The banking conclave in March will accord highest priority to mergers among public sector banks.Consolidation of state-run lenders has climbed to the top of the banking reforms agenda as the cleaning up of their account books gets under way. After the RBI asset quality review the NPA's register a spike.
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India
Indian economy a haven of stability: President Pranab Mukherjee
Describing India as "a haven of stability" in a turbulent global economy, President Pranab Mukherjee on Tuesday said the government has simplified procedures for approvals, repealed obsolete laws and put in place a non-adversarial tax regime to attract investments.
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India
ICICI Bank takes over Rs 1,800 crore land in Uttar Pradesh from Jaypee Group
In a move to cut ICICI Bank's exposure and Jaiprakash Associates Ltd. debt obligations, the former took over about 275 acres, estimated around Rs 1,500-1,800 crore, in Noida and Greater Noida from the latter. JAL has been selling other key assets to raise funds to repay loans.
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India
India seeks fair treatment for airlines in Dubai, raises issue of non-availability of feasibile slots
Civil aviation minister, Ashok Gajapati Raju has stressed that non-availability of slots for Indian carriers is the reason behind non-utilization of bilateral entitlements by carriers. The Indian carriers can fully use the remaining bilateral entitlements if Dubai airport gives them the right slots.
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Cina India Giappone
Tata Steel to restructure India business to reduce costs and increase productivity
Tata Steel will restructure all business functions such as human resources, production, transportation and marketing to reduce costs and increase profits. Countries like China, Japan and South Korea are major producers of cheap steel and are affecting profits of Indian firms like Tata Steel, JSW and SAIL.