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Lok Sabha assent in hand, Modi sarkar races ahead to roll out GST

Lok Sabha assent in hand, Modi sarkar races ahead to roll out GSTThe passage of four supplementary bill will allow the govt to prepare for the Jul 1 launch of the single levy that will replace multiple central, state taxes.
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Trai to reject Airtel, Voda and Idea claims that calls can’t be priced less than 14 p/min

Trai to reject Airtel, Voda and Idea claims that calls can’t be priced less than 14 p/minCiting the claims as a classic example of the pot calling the kettle black, an official said the country’s three largest telcos were already pricing voice calls lower than 14 paise.
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Samsung launches Galaxy S8, S8 Plus with voice-assistant, edge-to-edge display

Samsung launches Galaxy S8, S8 Plus with voice-assistant, edge-to-edge displaySamsung said the new phone will feature fingerprint, iris & facial recognition tech. S8 will have a 5.8 inches display, while S8 Plus will feature 6.2" screen.
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Internal strife threatens AAP in the face of civic elections

Internal strife threatens AAP in the face of civic electionsDays after its Bawana MLA Ved Prakash joined hands with the Bharatiya Janata Party, another four AAP MLAs are learnt to be in talks with the Congress.
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Agencies to ensure Aadhaar nos not published anywhere

Agencies to ensure Aadhaar nos not published anywhereThe directive follows a backlash on social media over the online publication of personal info such as Aadhaar nos, bank account details, names and addresses.
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Govt’s big b'day message: note ban, graft-free regime

Govt’s big b'day message: note ban, graft-free regime​ To make this anniversary message stand out, the format has been changed from ministry-wise report cards to a consolidated report.
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'Politician can't be prosecuted for airing views'

'Politician can't be prosecuted for airing views'AG Mukul Rohatgi insisted that the court cannot prosecute anybody for making comments, saying that a politician may genuinely hold these views.
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GST: Oppn expresses concerns over higher inflation

GST: Oppn expresses concerns over higher inflationOppn questions inclusion of anti-profiteering clauses and expressed concerns over different tax rates that is in conflict with the promised ‘one-nation-one-tax’ system.
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Congress, NCP go on ‘yatra’ fearing MLAs crossover

Congress, NCP go on ‘yatra’ fearing MLAs crossoverCongress & NCP leaders have decided to go on a yatra because of the possibility of their own MLAs joining the BJP in case the Shiv Sena pulls out of Fadnavis government.
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Oppo sacks Chinese employee who insulted Tricolour

Oppo sacks Chinese employee who insulted TricolourThe Chinese government always asks its Chinese enterprises and staff overseas to abide by local law, regulations and respect local practices and customs, said Oppo.
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Etihad Airways offers free Wi-Fi,iPads to premium fliers on US flights

Abu Dhabi-based Etihad Airways has announced that it will offer first and business class passengers free Wi-Fi and iPads on all its US bound flights starting April 2.
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Brexit: PM Theresa May says now is the time for Britain to be united

"Now is the time for us to come together and be united across this house (of parliament) and across this country to ensure that we work for the best possible deal," May told parliament.
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Britain's Theresa May goes into Brexit talks with ambitions high

Although May has published a policy document outlining a 12-point approach to the talks that will reshape the future of Britain and the EU, many companies, investors and voters are not quite clear about her strategy.
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Donald Trump order on climate misguided, will hurt Americans: Green advocates

The order seeks to suspend, rescind or flag for review more than a half-dozen measures in an effort to boost domestic energy production from fossil fuels.
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Brexit countdown begins today as Article 50 triggered

The formal notification to the other 27 EU members of Britain's intention to invoke Article 50 of the Lisbon Treaty was signed by May at her 10 Downing Street office last night.
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Toshiba's US atomic unit files for bankruptcy protection

The division was once hailed by Toshiba as a future growth driver after 2011 Fukushima atomic accident brought new business in Japan to a screeching halt.
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Micromax to debut in Rs 20,000-plus smartphone segment

The new series marks the entry of Micromax in a higher price segment that is expected to boost revenue as the average selling price for the company.
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CDAC launches four new products on 30th Foundation Day

The eVidur system will be used to track comments and opinions in real time and could be used to track people’s views on political or development agendas or policies/initiatives.
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DataWind plans Rs 100 crore spend on VNO biz, data at Rs 200/year

DataWind, known for making low-cost tablets and smartphones, has applied for a pan-India virtual network operator (VNO) licence in the country.
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Xiaomi CEO Lei Jun meets Modi, promises more jobs

The chairman of the Chinese tech giant told Modi how smartphones are changing the lives of Indian consumers, said a statement from Xiaomi.
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Truecaller, Google tie up to improve video calling

Truecaller integration with Google Duo will be available in the coming months for Android and iOS as a permission-based service.
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COAI seeks government help to deal with faulty 4G dual-sim smartphones using MediaTek’s chipset

Placing a 4G LTE-only SIM in the second slot “significantly deteriorates the throughput of any other operator’s 4G SIM present in the main slot by as much as 40%,” the COAI said.
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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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Urban development ministry moves PMO to make Municipal bonds tax-free

Urban development ministry seeks PMO support on tax-free status for bonds as finmin says it would lead to revenue loss of Rs 180 crore per annum.
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ET GBS 2017: Investment-led growth in India part of the new world order, says Andy Xie

With the West in political turmoil and becoming less and less open, the emerging economies should form a free trade bloc, Andy Xie said.
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ET GBS 2017: Keep initiative people-centric, say panelists

Enthused by India’s outreach during the Goa summit in 2016, Sri Lanka’s minister, Sajith Premadasa, suggested setting up a BIMSTEC fund for development projects.
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There should be no sympathy for charitable institutions violating laws: FM Arun Jaitley

Replying to a debate on the Finance Bill in the Rajya Sabha, Arun Jaitley cited the examples of hospitals and religious institutions getting exemptions from the government.
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'Bankruptcy Code to help improve ease of doing business'

The code provides for a market determined, time-bound mechanism for orderly resolution of insolvency, wherever possible, and ease of exit, wherever required.
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Accruals from licence fee, spectrum charges slide during FY17

Licence fee collections stood at Rs 3,975.67 crore during the first quarter, Rs 3,584.04 crore in the second quarter and Rs 3,450.13 crore in the third quarter of 2016-17.
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Tech View: Nifty50 forms 'Spinning Top', 9,075 key for next upmove

Nifty50 needs to hold above 9,075 to extend its upmove towards its lifetime high of 9,218, whereas 9,075 and 9,020 may now emerge as good support level.
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ETMarkets After Hours: Auto stocks tank, Bharti Infratel surges

Shares of auto majors tumbled on Wednesday after the Supreme Court banned the sale and registration of vehicles that are not compliant with BS-IV norms.
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FY17 a year of mega IPOs, bumper buybacks, record divestments

The amount raised via IPOs nearly doubled to Rs 29,018 crore in FY17 compared with Rs 14,811 crore in FY16, but the number fell short of Rs 41,323 crore.
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Traders wary of pricey equity valuations, here's why

The roll cost, or the price to replace March futures with April securities, was 39 basis points for the NSE Nifty 50 Index contracts at 12:08 pm in Mumbai.
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How to best adjust your strategy to volatile times

Warren Buffett, one of the world’s richest men said, “Volatility is not the same thing as risk, and anyone who thinks it is, will cost themselves money.”
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BS III car sale ban to affect banks also: Jagdish Khattar

I really do not know how things will unfold but it will have a lot of effect on many stakeholders and customers also, says Khattar
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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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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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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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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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'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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Lok Sabha assent in hand, Modi sarkar races ahead to roll out GST

The passage of four supplementary bill will allow the govt to prepare for the Jul 1 launch of the single levy that will replace multiple central, state taxes.
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Central departments, states told to ensure info such as Aadhaar nos, bank details not published anywhere

The directive follows a backlash on social media over the online publication of personal info such as Aadhaar nos, bank account details, names and addresses.
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Fearing MLAs crossing over to BJP, Congress & NCP go on ‘Sangharsh yatra’

Congress & NCP leaders have decided to go on a yatra because of the possibility of their own MLAs joining the BJP in case the Shiv Sena pulls out of Fadnavis government.
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Hot wealther: Expect relief from searing heat by Friday

The winds from the region are likely to affect the plains, which include regions like Punjab, Haryana, Chandigarh and Delhi.
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Defending Azam's remarks on rape, AG says politician can't be prosecuted for airing views

AG Mukul Rohatgi insisted that the court cannot prosecute anybody for making comments, saying that a politician may genuinely hold these views.
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Yogi Adityanath asks NHAI officials to ensure proper road maintenance in Uttar Pradesh

​​In a meeting with NHAI officials, the CM discussed the status of various road projects and promised all help from his government to ensure timely completion.
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ET Search

Rupee#CAD#Economic crisis#Food Bill
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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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PM Modi's two years have been 'Acche din' for India's space community

Since Modi took over, India's spaceship reached Mars, launch of India's mini space shuttle was a huge success, and ISRO started swadeshi sat-based navigation.
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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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