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Home loans are becoming cheaper as PM Modi does another master strike

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Home loans are becoming cheaper as PM Modi does another master strike

New Delhi: The home loan queries with the State Bank of India (SBI) jumped three times since it slashed lending rate by up to 0.90 percent last Sunday, a top bank official said on Saturday.The home loan queries with the State Bank of India (SBI) jumped three times since it slashed lending rate by up […]

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Amazon Canada removes Lord Ganesh underwear within few hours of protest

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Amazon Canada removes Lord Ganesh underwear within few hours of protest

NEW YORK CITY: Online retailer Amazon Canada removed underwear carrying image of Hindu deity Lord Ganesh from its website within few hours after upset Hindus protested calling it “highly inappropriate”. “Women’s Ganesh Ganesa Ganapati 4 White Hipsters” with the image of Hindu deity Lord Ganesh on the hip on the underwear worn by the model […]

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RBI to end speculation on quantum of scrapped notes back in economy, will release numbers soon

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RBI to end speculation on quantum of scrapped notes back in economy, will release numbers soon

MUMBAI: Putting to rest speculation on quantum of scrapped notes deposited in banks and post offices, the RBI on Thursday said it is reconciling invalid currency to physical balance and will release the numbers at the earliest. The Reserve Bank’s clarification on the Specified Bank Notes (old Rs 500/1,000) comes in the backdrop of various […]

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In backdrop of rising bad loans, SC asks for list of corporates which owe over Rs 500 crore

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In backdrop of rising bad loans, SC asks for list of corporates which owe over Rs 500 crore

NEW DELHI(PTI): Taking note of rising bad loans, the Supreme Court on Tuesday asked the Centre to give the list of “corporate entities” against whom outstanding loans were in excess of Rs 500 crore, besides the “empirical data” on recovery cases pending for last ten years in debt recovery tribunals (DRTs) and their appellate bodies. […]

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Bitcoin breaks $1,000 level, highest in more than 3 years around the globe

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Bitcoin breaks $1,000 level, highest in more than 3 years around the globe

The price of bitcoin has breached the $1,000 mark, hitting a more than three-year high on Monday. The cryptocurrency was trading at $1,021 at the time of publication, according to CoinDesk data, at level not seen since November 2013, with its market capitalization exceeding $16 billion. Bitcoin has been on a steady march higher for […]

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Manmohan Singh is a failed economist, a failed finance minister and a failed prime minister: Venkaiah Naidu

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Manmohan Singh is a failed economist, a failed finance minister and a failed prime minister: Venkaiah Naidu

NEW DELHI(ET): Demonestisation is like chemotherapy to cure the cancer of black money, Urban Development and I&B Minister M Venkaiah Naidu tells Nidhi Sharma and Ravish Tiwari. The minister blames the Congress-led UPA government for the problem of black money and says the controversial note recall decision was not a sudden one. Edited excerpts: How do you think the […]

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Apologise for ‘blunder of demonetization’: Kejriwal attacks PM Modi

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Apologise for ‘blunder of demonetization’: Kejriwal attacks PM Modi

DELHI(PTI): Delhi Chief Minister Arvind Kejriwal on Friday asked Prime Minister Narendra Modi to tender an apology to the people during his address to the nation on New Year’s Eve on what he said was a “blunder of demonetization”. Kejriwal, also the national convener of Aam Aadmi Party (AAP) which governs Delhi, said Modi has […]

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After resignation, Mistry goes all-out, files suit in National Company Law Tribunal

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After resignation, Mistry goes all-out, files suit in National Company Law Tribunal

MUMBAI: A day after resigning from the boards of six listed Tata firms, Cyrus Mistry on Tuesday took the legal route in his fight against the Tatas by filing suit in National Company Law Tribunal against Tata Sons. According to sources, Mistry’s family-controlled investment firms on Tuesday moved the National Company Law Tribunal (NCLT) in […]

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Exports rose by 2.29% in November, trade defict at two-year high at $13 billion

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Exports rose by 2.29% in November, trade defict at two-year high at $13 billion

NEW DELHI(PTI): Exports rose for the third straight month in November, recording a growth of 2.29%, though the trade deficit shot up to about two-year high of $13 billion mainly due to increase in gold imports. Exports of engineering products rose by 14.10%, petroleum by 5.73% and chemicals by 8.3% compared to the same month […]

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Govt announces two schemes to reward cashless payment adopters

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Govt announces two schemes to reward cashless payment adopters

The government has launched two schemes, one each for customers and merchants, to incentivise digital payments in the country. NITI Aayog Chairman Amitabh Kant, while making the announcement, said, “The government has initiated numerous steps to combat the scourge of corruption and black money in the last two and a half years. There has been […]

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