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April 2015

Markets likely to bounce back; earnings to drive shares

April 30, 2015 by shekarm

Indian shares are likely to bounce from a near four-month closing low.

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Lok Sabha approves 2015/16 finance bill

April 30, 2015 by shekarm

The Lok Sabha on Thursday approved 2015/16 Finance Bill mainly containing tax proposals for the manufacturing and service sectors for the current fiscal year.

 

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India's March infrastructure output contracts 0.1 pct y/y - govt

April 30, 2015 by shekarm

India's annual infrastructure output growth contracted 0.1 percent in March, mainly dragged down by lower production of steel and cement, government data showed on Thursday.

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SEBI asks asset managers to set up monthly stress tests

April 30, 2015 by shekarm

The Securities and Exchange Board of India (SEBI) on Thursday asked asset managers to conduct monthly stress tests on their liquid and money market mutual fund portfolios to improve risk management across the sector.

India puts financial overhaul on hold after RBI pushback

April 30, 2015 by shekarm

 India on Thursday put on hold its biggest overhaul of financial regulation in a generation, following pushback against its plans to strip the central bank of authority to regulate the government bond market and manage public debt.

Warren Buffett losing some mojo on his economic 'moats'

April 30, 2015 by shekarm

Warren Buffett has carved out a core stock-picking strategy of investing in companies with strong economic "moats," businesses that have built, fortified and generated success from well-known brands that make it difficult for them to succumb to competitive forces.

Smart cities to attract Rs 2 L cr plus investments

April 30, 2015 by shekarm

A minimum investment of Rs 2 lakh crore will flow in over the next five years for development of urban areas across the country, with nearly half the amount coming in from state and local bodies, Union Minister Venkaiah Naidu said today.

The Union Cabinet yesterday approved the government's flagship 100 smart cities project a

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Earthquake-hit Nepal stares at major economic crisis

April 30, 2015 by shekarm

Earthquake-ravaged Nepal is staring at a major economic crisis, with sectors like tourism and agriculture -- on which the country is heavily dependent -- thrown completely out of gear, industry body Assocham said today.

"At this point of time, a major economic crisis is looming over the Himalayan nation which, in any case, fa

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Skyscanner joins hands with Google for flight alerts

April 30, 2015 by shekarm

 Leading global travel search engine Skyscanner today said it has launched Now Card with Google, which will allow Android users around the world to get instant flight price alerts on their mobile device.

The Skyscanner Now Card, available globally in over 30 languages, will enable travellers to monitor flight prices as t

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FM gives some relief to foreign investors from MAT

April 30, 2015 by shekarm

In a minor relief to foreign investors, Finance Minister Arun Jaitley today said capital gains made by them will be exempt from Minimum Alternate Tax (MAT), but did not provide relief for past liabilities.

The Minister said all capital gains from sale of securities as well as royalties, interest, technical services fee earned

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