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Here are 12 major changes that may impact your life from July 1

Here are 12 major changes that may impact your life from July 1A dozen policy changes are coming into effect from July 1. Here is a list of all these major changes that will affect your day-to-day life starting next month.
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Linking your Aadhaar with PAN is now mandatory from next month

Linking your Aadhaar with PAN is now mandatory from next monthGovernment on Wednesday notified amended income tax rules making mandatory linking of existing Aadhaar numbers with PAN.
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India can't afford showdown with Beijing, it needs to be taught rules: Chinese Media

India can't afford showdown with Beijing, it needs to be taught rules: Chinese MediaChina has accused Indian troops of "trespassing" its boundary and in a reaction suspended the pilgrimage to Mount Kailash in Tibet.
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Police arrest three separatist leaders in Kashmir

Police arrest three separatist leaders in KashmirNIA has summoned the three to New Delhi for questioning on Thursday in connection with a hawala racket linked to separatist violence in Jammu and Kashmir.
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Major ransomware hits several Indian, European cos

Major ransomware hits several Indian, European cosPetwrap, an advanced version of Petya, locked the computer screens of as many as 20 companies globally with $300 being demanded to free them up.
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China justifies construction of road in Sikkim sector

China justifies construction of road in Sikkim sectorThe statement came a day after the Chinese military accused the Indian army of stopping the construction of the road in what it claims to be China's "sovereign territory" in the Sikkim section.
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India, US, Japan to hold naval war game next month

India, US, Japan to hold naval war game next monthThe US is now one of the top three arms suppliers to India, notching up sales worth $15 billion since 2007 to even dislodge Russia from the top slot for the last couple of years.
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PM Narendra Modi returns from three-nation tour

PM Narendra Modi returns from three-nation tourThe highlight of his four-day trip was the US leg of the visit as Modi met President Donald Trump for the first time on June 26 in Washington.
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India plays ball on N.Korea to score over China 

India plays ball on N.Korea to score over China The sharp US-China divergence on North Korea gives India a diplomatic opportunity as it seeks to counter Beijing on several fronts for its support to Pakistan's sponsorship of terrorism against India.
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US-India bonhomie rattles China, Pakistan

US-India bonhomie rattles China, PakistanUS-India bonhomie, coming on the heels of a rather more stiff meeting between Trump and China’s President Xi Jinping in Mar-a-Lago last week, sent the Chinese media into a tizzy.
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India’s IPO mart has changed; what hasn’t is investor greed

The era of multiple applications and fraudulent applications began to fetch more allotments.
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Promoters selling shares; it’s a message for you & me too

Share selling by promoters in a bull market signals their own disbelief in valuations.
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Market Moguls: Under GST, small is no longer beautiful, it’s a sin

With less than 2 days to go, some serious transitional issues have come to the fore.
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Enam Holdings is bullish on 5 sectors post GST

On an average, earnings because of interest cost savings, should go up by 10%.
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Hedge funds find it tough to crack Indian equities

Taxes have kept assets managed by hedge funds in the country well below $1 billion.
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Nifty PSB index continue to fall; SBI, IDBI down

In the Nifty50 pack, 24 stocks were trading in green, while 26 stocks were in red.
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GSTN safe from global malware attack, no need to worry: CEO Prakash Kumar

GSTN Chief Executive Prakash Kumar said the IT company has taken all necessary precautions to prevent such ransomware attacks and all data are safe.
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Difference of opinion between RBI, govt is not bad: Y.V. Reddy

Reddy said, "Where is the question of autonomy? If you lisen to your minister against your wishes, even then the government has the authority to give you directions."
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July 1 will change your world: Be prepared for changes other than GST

A dozen policy changes are coming into effect from July 1. Here is a list of all these major changes that will affect your day-to-day life starting next month.
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GST spawns Rs 20,000 crore business for tax, tech consultants

GST is spawning a $2 billion-3 bn industry comprising software service providers, ASPs and GSPs, CAs and consulting firms as the entire industry is undergoing business process re-engineering.
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Companies reviewing hybrid plans on higher tax levy

Company officials told TOI that some of the models may be “unsustainable for sales“ after their prices go up in the new tax structure that kicks off from July 1.
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Ready or not, businesses brace for biggest-ever tax reform

A big concern is the Indian GST's sheer complexity - with rates of 5, 12, 18 and 28 percent, and myriad exceptions, it contrasts with simpler, flatter and broader sales taxes in other countries.
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Ransomware 'Nyetya' behind new global cyber attack: Cisco

Nyetya is very similar to WannaCry, the ransomware that affected 200,000 people in 150 countries in May, encrypting data on infected computers and asking for a ransom to recover them.
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India's largest container port Jawaharlal Nehru Port hit by global cyber attack

The terminal impacted is operated by Danish shipping giant AP Moller-Maersk, which said separately on Tuesday that the cyberattack had caused outages in its computer systems globally.
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Ransomware 2.0 blitzes several Indian, European companies

Petwrap, an advanced version of Petya, locked the computer screens of as many as 20 companies globally with $300 being demanded to free them up.
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WannaCry again? Hackers strike across Europe, India not affected

Sanjay Bahl, chief of India's cyber security agency Computer Emergency Response Team, said he was monitoring the situation.
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Software testing complete, ready for smooth GST rollout: GSTN

The GSTN portal has also started accepting registrations from new taxpayers from June 25 even as the process of migration of existing taxpayers is already on.
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Facebook now deleting 66K posts a week in anti-hate campaign

Facebook says it mostly relies on its nearly two billion users to report any hateful posts they see. Workers then review the posts and decide whether to delete it.
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ChemChina completes $43 bn takeover of Syngenta

ChemChina -- also known as China National Chemical Corp -- made its offer for Syngenta in February 2016, but the takeover had to await the green light from regulators.
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Senate GOP shelves health bill, imperils 'Obamacare' repeal

"It's a big complicated subject, we've got a lot discussions going on, and we're still optimistic we're going to get there," said Republican leader McConnell.
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Maduro says helicopter fired on Venezuela's Supreme Court

Opponents on social media accused the president of trying to spread fear to help justify a crackdown against Venezuelans seeking to block his plans to rewrite the constitution.
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Toshiba to meet shareholders with no chip unit deal signed

Toshiba's top executives are expected to apologise to shareholders for failing to present audited annual results after a prolonged accounting investigation at Westinghouse.
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IMF cuts 2017 economic growth forecast for US

The institution said the Trump administration "intends a wide-ranging overhaul of policies, although a fully articulated policy plan has yet to emerge".
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It’s man over machine for funds

Despite the immense power of modern computing, it is neither advisable—nor even possible—to dispense with humans entirely.
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Family debts main cause of Indian farm suicides

No more than a third of Indian small and marginal farmers have access to institutional credit, which suggests that loan waivers may not help them.
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President poll is battle of ideology and principles: Sonia Gandhi

"For us, it is a battle of ideologies, principles and truth and we will fight it," Sonia said after the opposition's presidential candidate Meira Kumar filed her nomination in Parliament.
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Not much impact of malware attack on India yet: Ravi Shankar Prasad

Prasad added that the government is keeping a close watch on the matter. He was speaking at the national convention here on 'Digitalization: Opportunities and Challenges'.
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US VP Mike Pence says planning to visit India soon

Addressing the top business executives of the United States, Pence appeared to be very enthusiastic about the future of the ties between the US and India.
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Mumbai crime branch to probe death of Byculla jail convict

Indrani yesterday moved a Mumbai court alleging that she was beaten up by the jail officials after the convict's death triggered a protest in the prison.
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July 1 will change your world: Be prepared for changes other than GST

A dozen policy changes are coming into effect from July 1. Here is a list of all these major changes that will affect your day-to-day life starting next month.
Read More


Traders bet on calendar spread as Nifty moves in a tight range

A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
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Nifty may find support at 5300 level

As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
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Seven out of top 10 Asian small-cap funds are Indian

An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
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Inflation reflects growth dynamics in India: Christopher Wood

India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.
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Market may trade in a range, but FIIs seen sold on India

Market may see range-bound trading this week in the absence of any major trigger.
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'Don't bank only on price-to-earning ratio'

Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
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Prabhudas Lilladher has a reduce rating on Infosys

Prabhudas Lilladher has a ‘reduce’ rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term.
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Fin Crisis: Too late and too little done in US

A crisis of $240 trillion cannot be stemmed with bailout packages of $1 to $10 trillion. 2008: Year of global financial crisis | Survive credit crisis | Ghosts of 1929
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Weak rupee takes its toll on cos with huge foreign debt

The falling rupee will severely affect the small companies, whereas the big ones will be impacted moderately. Get rid of Debt | Adopt correct investment strategies
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Wait for more signals before turning positive

At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally.
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Six Indian cos among BusinessWeek's top 100 Infotech firms

BusinessWeek's 'The Infotech 100', has ranked Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th). Successful business formula
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Indian firms slip in global ranking; four move out of Top-500

14 firms present in a new list of world's 500 most valued firms together seeing an erosion of about $150 billion in their market value in the first three months of this year.
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'Big Daddy' laps up Cipla after Q1 nos beat forecast

Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.
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Old Fox has dream run on Dalal Street

The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.
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Cairn India hits record high on BSE amid stake sale talks

The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.
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Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake

In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.
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SBI shares on gaining spree; hit record high

In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.
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FM must rethink

TT Ram Mohan has rightly suggested that the tax-GDP ratio measures structural improvement. The FM must rethink his medium-term debtto-GDP target.
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Amalgamate banks

Financial inclusion and financial literacy will be the paramount objective while implementing reforms along with UID project to protect the interests of poor.
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Managing data

This refers to your edit ‘A welcome quest’ (ET, Oct 8). It is imperative to have a strong database.
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Right technology

Apropos of ‘The climate conundrum’ (ET, Oct 9), Mukul Sanwal rightly suggests that developing countries should lead in setting the agenda for global technological cooperation.
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ET Search

Rupee#CAD#Economic crisis#Food Bill
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After the Oscars, what's next for silent stars of The Artist?

The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.
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Delhi World Book fair: A fair like no other

It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.
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Indian gift makes its way to State Department exhibition

An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.
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IMD to use dynamic models for forecasts

Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.
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Docs reveal contents of first wire msg between India & Eng

Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.
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Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery

Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.
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Every decision of government needn’t be a big reform: Anand Mahindra

"The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."
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Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador

Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.
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Confidence level of industry improving: KV Kamath, ICICI Bank

"It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."
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We may see rapid growth over the next few years: Raamdeo Agrawal

Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.
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Our commitment for press freedom, and autonomy of public broadcast is absolute: Prakash Javadekar

"Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."
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There is a leadership vacuum in Infosys, time to get Nandan Nilekani back: Mohandas Pai

"There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."
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Opening Bell: Top cues that changed your market while you were sleeping

TCS, India’s largest technology firm by revenue, on Tuesday reported a 2.5 per cent sequential drop in net profit at Rs 6,608 crore for the quarter ended March 31, 2017.
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Uber merging China ops with Didi in $35 bn deal

Uber will reportedly continue to operate its own app in China for now. Uber declined to comment on this to the publication.
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Jinping under pressure for strong SC Sea response

Some elements within China's military are pushing for a stronger - potentially armed - response aimed at United States and its regional allies.
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No government accommodation for former CMs: SC

The apex court also directed six former chief ministers of Uttar Pradesh to vacate government houses allotted to them.
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Manufacturing PMI at 4 month high of 51.8 in July

The seasonally adjusted Nikkei India Manufacturing Purchasing Managers Index edged higher in July, at 51.8 compared with 51.7 in June.
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Scooter's back, with new hero on road

Slowing rural demand after two rain deficit years might be weighing down Splendor's sales but Honda says there is more to these results than El Nino.
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Alfa raises delisting price to Rs 2,850 a share

Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
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DB Realty, Unitech stocks rose

The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.
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Fitch withdraws Reliance Capital ratings

Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.
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'Discoms' poor fin health poses risks for traders'

The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.
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Cigarette cos shares outperform benchmark Sensex

Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
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Lovable Lingerie's dream run on as traders lap it up

Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.
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