India's manufacturing sector growth moderates in June amid softer rise in orders: PMI

Low inflation levels were key to maintaining a growth trajectory allowing firms to offer discounts because of low inflation in input costs.

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View- YV Reddy’s broader message: India is too big to be governed directly by the Centre

The Planning Commission was seen as the heavy hand of the Centre in the past, which prompted the Modi government to rebrand it as Niti Aayog.

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India protects drug, agriculture biz at RCEP

Billed as the biggest trade agreement, negotiations at RCEP have reached a crucial stage as representatives from 16 countries are in Melbourne for the last few days, aiming to close the deal by year-end.

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Mobile users can now switch providers with one simple text

Phone customers will be able to switch providers with a single free text under new rules.

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Phone customers will be able to switch providers with a single free text under new rules.

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National Anti-profiteering Authority gets teeth to probe beyond scope of DG’s complaint

The move comes on the heels of GST Council, the apex decisionmaking body for the levy, extending the tenure of the NAA by two years.

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Social media: Church of England unveils online guidelines

A "digital charter" aims to foster a "positive atmosphere" online, the Archbishop of Canterbury says.

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Social media has "downsides" but also helps to "share the good news of Jesus Christ", the Church says.

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Birthday wishes: industry wants it simpler and all-encompassing

The CII wanted a reduction of the number of GST slabs to "two or three" as well as make keep the 28% slab to only include “de-merit goods.”

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Two years of GST: Road ahead for one nation, one tax

The one-nation, one-tax revolution has seen a few hiccups, but it’s settling down and benefits should start to flow sooner rather than later.

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View: GST, the most audacious tax reform- A leap of faith and political determination

The goods and services tax (GST) is a destination-based, value added tax on final consumption by both the Centre and the states on the same tax base.

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Government unlikely to get fiscal boost from RBI surplus

The panel is expected to submit its report on July 16 after a meeting this month to narrow differences.

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View: Much thought has gone into India’s unique GST design

First and foremost was the fact that the taxation powers of indirect taxes were divided between the states and the Centre.

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Budget 2019: Can Sitharaman balance public aspirations with BJP's electoral promises

For the moment, therefore, Nirmala Sitharaman has no alternative but to rationalise/reorient expenditure.

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Not just a $5 tn economy, India needs these by 2024-25

Other milestones such as doubling per capita income should be in India's 2024 target list.

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Monsoon to intensify, reach Himachal Pradesh and UP in next two days

Monsoon is expected to gather strength, propelled by a system of heavy clouds over the Bay of Bengal that will move towards Gujarat, causing heavy rainfall on the way.

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India seeks Kuwaiti investments in infrastructure and power sectors

Finance Minister Nirmala Sitharaman during a recent meeting with Kuwait envoy to India stated that there are several promising opportunities available for the Kuwaiti investors in different sectors.

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Steel ministry to give formal view on RCEP after meeting with stakeholders

Views of the steel sector assumes significance as the domestic players have raised serious concerns over significant reduction of customs duties under the proposed pact.

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Government to introduce further reforms in GST on Monday to mark 2 years of rollout

The ministry said it will introduce the new return system on a trial basis from July 1 and on mandatory basis from October 1.

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Time to implement GST 2.0: India Inc

Batting for a single registration process pan-India, CII said building on the milestones of the past two years, it is time to implement GST 2.0.

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The Big Bank Challenge: How Jaitley dealt with the sector through his Budgets

Jaitley recognised the importance of the sector's health to the overall health of the economy.

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Budget may hike I-T exemption threshold, levy 40 per cent tax on income over Rs 10 cr: KPMG survey

The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across industries.

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Promoters, directors now getting SMS alerts for discrepancies in returns filed, GST non-payment

Dubbed as an anti-evasion step, transporters and businesses are required to generate e-way bill for transporting goods more than Rs 50,000.

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How apps power Hong Kong's 'leaderless' protests

Huge group chats with real-time voting let demonstrators decide what steps to take next.

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Huge group chats with real-time voting let demonstrators decide what steps to take next.

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Can Jain Irrigation overcome its crisis of rising debt and rating downgrades?

Despite Jain Irrigation's optimistic outlook, investors are not finding any reason to be excited about the company.

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Capital market crucial for economy; RBI taking efforts to expand investor base: Viral Acharya

Acharya was delivering a speech on Development of Viable Capital Markets - The Indian Experience' at Indian School of Business, Hyderabad.

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G20 summit: India pitches strongly for fight against fugitive economic offenders

Suresh Prabhu clarified that India strongly believes in digital economy and has taken host of measures, including a huge number of bank accounts to thrust its digital agenda.

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Centre gives 1-year deadline to states for rolling out ‘one nation, one ration card'

This is one of the 100-days agenda of the Modi 2.0 government, Food Minister Ram Vilas Paswan said.

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The US agrees a pause in hostilities with China on trade, and makes a concession over tech firm Huawei.

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Trump lets US firms sell tech to Huawei

The leaders of the two countries reach an agreement to ease a row that has fuelled an economic slowdown.

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Fake accounts trying to capitalise on social media campaigns are rife on the photo-sharing platform.

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Billions over budget, years late in opening, and still being rebuilt before a single plane has landed. What's gone so wrong at the new Berlin airport?

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Blue for Sudan: Instagram 'sympathy scammers' exploit support for protesters

Fake accounts trying to capitalise on social media campaigns are rife on the photo-sharing platform.

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Berlin Brandenburg: The airport with half a million faults

Billions over budget, years late in opening, and still being rebuilt before a single plane has landed. What's gone so wrong at the new Berlin airport?

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Dressed to kill: Video games' tricky relationship with fashion

Video games insiders explain why too many games are let down by their leading character's look.

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Video games insiders explain why too many games are let down by their leading character's look.

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India, Indonesia set USD 50 billion trade target by 2025

According to Ministry of External Affairs spokesperson Raveesh Kumar, India and Indonesia set a USD 50 billion target for bilateral trade by 2025.

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Government uses GST alerts for better compliance

The GST authorities also raise an alarm in case the input tax credit (ITC) does not match with the claims made in GSTR 2A return form and GSTR 3B filing.

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Despite monsoon picking up, crop area down 9.5%

The rainfall deficit has come down to 35% from around 42% last week.

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Better prices for farmers: Online warehouse-based trading soon

The trading will initially start from state owned warehouses of Warehousing Development and Regulatory Authority (WDRA).

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'Changes to bankruptcy code ready, to be sent to cabinet’

The changes include cross-border insolvency framework and harsher punishments for irregularities.

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Notify measures on movement of pros, patents

The US, EU and Canada are estimated give $160 billion of trade-distorting farm subsidies annually to products including cotton, wool and tobacco.

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Customs regime may be tweaked to boost make in India, exports

Government could soon revamp its customs duty regime with focus on exemptions and inverted duty structures.

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Government to soon launch portal to boost innovation in MSME sector

Arun Panda expressed hope that the move will result in joint ventures (JVs), MoUs (memorandum of understanding), fruitful collaborations in various sectors and technology transfer among entrepreneurs.

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India seeks Swiss tax department's assistance in probe against six Essar firms

Federal Tax Administration of Switzerland has issued gazette notifications for the six companies, giving them an opportunity to appeal against India's assistance request.

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FY19 CAD inches up to 2.1%; but more than halves in Q4

The CAD, which is the net of foreign exchange inflows and outflows, had stood at USD 48.7 billion in FY18.

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'Terrifying' app that can undress women taken offline

Furore brings shutdown of app that used artificial intelligence to make convincing nudes of clothed women.

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Furore brings shutdown of app that used artificial intelligence to make convincing nudes of clothed women.

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Modi, Trump agree to facilitate early meeting of commerce ministers to sort out trade disputes

Though trade is an important part of the booming bilateral relationship, a row over market access and tariffs has escalated in recent months, leading to fears of a protracted dispute.

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No proposal to increase amount provided under Awaas Yojana: Govt

"We have recently restructured this scheme and we are providing upto Rs 1.5 lakh for construction of each house. There is no proposal to increase the amount as of now," the minister told the house.

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Fiscal deficit hits 52% of budgeted target in first 2 months of 2019-20

The government has set a fiscal deficit target of 3.4% for 2019/20, same as 2018/19.

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Five Jony Ive designs you probably don't know

Jony Ive famously designed some of Apple's best-selling products - but he has other strings to his bow.

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Dragonfly: Drone helicopter to fly on Saturn's moon, Titan

Nasa will fly a $1bn drone helicopter on Saturn's moon, Titan, in the 2030s.

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Jony Ive famously designed some of Apple's best-selling products - but he has other strings to his bow.

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Nasa will fly a $1bn drone helicopter on Saturn's moon, Titan, in the 2030s.

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India received $1.81 bn FDI from China during Apr'14- Mar'19: Piyush Goyal

India received FDI worth USD 13.62 billion during the period from the US.

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Iran seizes 1,000 Bitcoin mining machines after power spike

Large racks of the computers constantly mining Bitcoin have led to a spike in electricity consumption.

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Large racks of the computers constantly mining Bitcoin have led to a spike in electricity consumption.

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India has scope to boost budget without stoking inflation: Economist

An economist with Edelweiss Securities says a weakening economy and a possible US interest rate cut provide scope for India's authorities to lift spending.

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PM Modi meets South Korean President Moon, discusses ways to enhance trade ties

The main focus of India's Act East Policy is to shift the country's trading focus from the west and neighbours to the booming South East Asian countries.

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Mumbai in top 20 most expensive cities in Asia for expatriates: Mercer

According to Mercer's 25th Annual Cost of Living Survey, Mumbai fell 12 spots and was ranked at the 67th position out of 209 cities surveyed.

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PM Modi puts forward five-point approach to tackle challenges like unilateralism, protectionism

Modi said that there was an immediate need to strengthen the WTO, fighting protectionism, ensuring energy security and work together to fight terrorism.

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Prosthetic limbs: An invention for amputees in the developing world

It's high-tech, it's cheap, and it's been designed for amputees in the developing world.

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It's high-tech, it's cheap, and it's been designed for amputees in the developing world.

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West Bengal launch free crop insurance scheme for farmers

The crop insurance scheme would be free of cost for the farmers since the government will pay the full premium.

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Zojila project costs soar as IL&FS arm contract fails

This comes months after termination of the contract with IL&FS Transportation Network.

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Govt sets up working group to revise WPI, give roadmap to shift to PPI

The 18-member group may recommend a roadmap for switch over from WPI to PPI, the commerce and industry ministry said.

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Loan schemes don't reach 59 per cent of rural India: Survey

The survey, conducted by rural media platform Gaon Connection, noted that the next generation in 48 per cent farming families does not want to pursue agriculture.

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Russia denies role in Israeli airport GPS jamming

Aircraft have been forced to use alternative navigation systems to land at Tel Aviv's Ben Gurion airport.

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Aircraft have been forced to use alternative navigation systems to land at Tel Aviv's Ben Gurion airport.

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Finance ministry seeks lower saving interest rates amid fears about lending crunch

The govt feels the high return would hurt the economy by reducing banks' ability to lend at attractive rates.

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'Shocking' fake takeaway sold on Uber Eats

A BBC News team set up a fake takeaway restaurant on Uber Eats and started selling burgers.

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A BBC News team set up a fake takeaway restaurant on Uber Eats and started selling burgers.

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Budget may address issues in strategic sectors to support growth: Report

The government is expected to initiate measures in the upcoming budget to support domestic growth momentum.

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Commerce and Industry minister reviews draft National Logistics Policy

Piyush Goyal directed that all four Ministries must work in coordination with each other to bring down logistics cost of India’s GDP.

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Government proposes to enhance wage ceiling for dependent parents

The draft notification comes following a decision of the ESIC board in February this year in this regard.

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Sitharaman to look into demand for conducting bank exam in local language

The issue was raised by G C Chandrasekhar of the Congress through a Zero Hour mention.

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