Tag archive for ‘as’
By Loknath Das On Monday, September 25th, 2017
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PM Modi Forms Economic Council, Appoints Bibek Debroy As Chief

New Delhi: Prime Minister Narendra Modi has set up a economic advisory council, the government said on Monday, as concerns grow about a slowdown in Asia’s third largest economy. The new council, headed by More...

By Loknath Das On Friday, September 22nd, 2017
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Asian Shares Fall As North Korea Moots Hydrogen Bomb Test

Tokyo: Asian stocks fell and the Japanese yen and Swiss franc gained on the mooted possibility of North Korea conducting another hydrogen bomb test, this time in the Pacific Ocean. North Korean Foreign Minister More...

By Loknath Das On Wednesday, September 13th, 2017
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As India Inc Struggles To Cut Down Debt, Economy Suffers

Mumbai: Cash crunch and confusion over the introduction of GST (Goods and Services Tax) were initially blamed for pulling economic growth down to its weakest pace in more than three years. But that is masking a More...

By Loknath Das On Thursday, August 31st, 2017
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SUVs, Luxury Cars To Cost More As GST Cess Hiked To 25%: Report

Sport-utility vehicles (SUVs), luxury and midsized cars that had become cheaper after the rollout of GST (Goods and Services Tax) on July 1 are set to cost more. The Cabinet today approved raising of cess on luxury More...

By Loknath Das On Tuesday, August 1st, 2017
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SBI Shares Up 5% As Bank Cuts Interest Rate On Savings Accounts

New Delhi: Shares of State Bank of India went up by nearly 5 per cent today after it slashed interest on savings account deposits by 50 basis points to 3.5 per cent on balance of up to Rs. 1 crore. The SBI stock More...

By Loknath Das On Tuesday, August 1st, 2017
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ICICI Bank’s Shares Down 3% As Bad Loans Rise, Weak Q1 Profit Growth

New Delhi: ICICI Bank shares today declined by 3 per cent after the private bank reported a marginal rise of 3.5 per cent in consolidated net profit for the first quarter of current fiscal on asset quality woes. After 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‚Äôs biggest cigarette maker and index heavyweight ITC Ltd plunged after the federal government increased tax on cigarettes. Tax More...

By Loknath Das On Wednesday, June 28th, 2017
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Investors Flock To Asian Bonds As US Yields Slide

Singapore: Asia bond demand is running at its highest level in eight months and looks set to stay firm this year, boosted by the region’s higher returns at a time when stubbornly low inflation in the United More...

By Loknath Das On Thursday, June 15th, 2017
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Atom Bank relaunches 2.2% three-year bond: is it as good this time around?

The digital bank has upped the interest rates on its fixed term savings products as follows: 1 year Fixed Saver: 1.80% AER (up from 1.70% AER) 2 year Fixed Saver: 2.00% AER (up from 1.80% AER) 3 year Fixed Saver: More...

By Loknath Das On Thursday, June 15th, 2017
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Uber India names Jaiteerth Patwari as senior engineering leader

India is the largest market outside the US for Uber and accounts for about 12 per cent of all Uber trips globally, as of last year. In India, the company operates in 29 cities.(Representative Photo) Cab aggregator More...