By Loknath Das On Sunday, July 23rd, 2017
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Why tech companies are spending so much to lobby the U.S. government on tax reform

For the likes of Apple, Microsoft and Google, their approach to Washington, D.C., is straightforward: They’re willing to spend money to make money — at a lower tax rate. The industry’s record lobbying spending in More...

By Loknath Das On Sunday, July 23rd, 2017
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SBI Minimum Balance, ATM Withdrawal Rules And More. Details Here

Non-maintenance of monthly average balance in SBI accounts can cost you up to Rs. 118/month. HIGHLIGHTS SBI charges up to Rs. 100/month for not maintaining minimum balance Minimum monthly average balance More...

By Loknath Das On Friday, July 21st, 2017
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Ericsson steps up restructuring on new quarterly loss

Weaker than expected second-quarter sales and profits in a poor growth climate prompted Swedish telecoms giant Ericsson to announce fresh cost-cutting measures Tuesday. Ericsson posted a fourth straight quarterly More...

By Loknath Das On Friday, July 21st, 2017
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ITC shares tank 15% as govt hikes cigarette cess

Shares fell on Tuesday from record highs hit in the previous session as the country’s biggest cigarette maker and index heavyweight ITC Ltd plunged after the federal government increased tax on cigarettes. Tax More...

By Loknath Das On Friday, July 21st, 2017
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RBI Seen Reducing Key Interest Rate In August, Say Experts

New Delhi: With inflation falling to record low levels and industrial growth slipping to below 2 per cent, bankers and economists feel the pressure has increased on the Reserve Bank of India to cut the benchmark More...

By Loknath Das On Thursday, July 20th, 2017
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How Fairly Valued is China’s Currency? Big Mac and Mini Mac Square Off Again.

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s famous Big Mac Index uses More...

By Loknath Das On Thursday, July 20th, 2017
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10 Companies That Offer Unlimited Vacation Time

Finding and retaining top talent is on the minds of just about every company. Making a workplace comfortable and fun is a great way to woo potential hires and keep employees from straying to other firms. Aside More...

By Loknath Das On Thursday, July 20th, 2017
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Bad loans crisis: A responsible lender must advise clients on saving, spending

From a lender’s point of view, responsible lending is to act in a customer’s best interests, ensuring affordability, transparency of terms and conditions and supporting a borrower if they experience repayment More...

By Loknath Das On Wednesday, July 19th, 2017
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India’s Challenge To Deal With Investor Disputes

A mega-regional trade agreement will be at the heart of the agenda when 16 countries meet at Hyderabad, Telangana in the coming week. This agreement is called regional comprehensive economic partnership (RCEP), More...

By Loknath Das On Wednesday, July 19th, 2017
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No GST On Second Hand Goods If Sold Cheaper

New Delhi: The buying and selling of second hand goods will not attract Goods and Services Tax (GST) if sold at a price cheaper than the purchase price, the government said on Saturday. Rule 32(5) of the Central More...