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Latest Articles in economy

Budget 2020: BJP Recommends Tax Tweaks To Attract Foreign Investors

India charges 15% short-term capital gains tax if equity shares are sold within a year and at 10% if sold after a year.

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Border Adjustment Tax On Imports Likely To Be Announce

This new tax has been a demand for the domestic players for a long time to bring imported goods at par with domestic goods.

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Novartis Sees No Coronavirus Disruption Amid China Growth

Cosentyx's sales for the 12-month period rose 28% to $3.6 billion, heart drug Entresto was up 71% to $1.7 billion and Zolgensma for spinal muscular atrophy hit $361 million.

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Marginal Uptick In GDP For FY21 At 5.5% But Downside Risks Remain: Ind-Ra

Ind-Ra expects the shortfall in the tax plus non-tax revenue to result in the fiscal deficit slipping to 3.6 per cent of GDP (budgeted 3.3 per cent) in FY20, even after accounting for the surplus transferred by the Reserve Bank of India.

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One-Fifth Taxpayers File Return On Last Day: GST Network

In the last three days 8.32 lakh, 6.09 lakh and 13.30 lakh GSTR-3B returns were filed on January 18, 19 and January 20.

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Australia Targets Indian Investment To Develop Remote North Amid China Tensions

Australia's relationship with China has been strained in recent years amid Canberra's allegations that Beijing is meddling in its domestic affairs.

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Shah Takes Dig At Congress For Questioning Modi Govt Over Unemployment, Economy

"The NDA government has a goal to make India a USD 5 trillion economy which was achievable in the past too. Youth with their entrepreneurship skills may play a big role in achieving this aim," he added.

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China's U.S. Crude Buying Binge To Set Off Global Sweet Oil Shake-Up

China's pledge to buy at least $52.4 billion worth of U.S. energy products over the next two years can only be met through substantial increases in crude imports from the United States.

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Gold Holds Ground Amid Worries Over Sino-U.S. Trade Deal

Spot gold was little changed at $1,555.74 per ounce by 0325 GMT. U.S. gold futures rose 0.2% to $1,556.20.

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India's Exports In December 2019 Declined By 1.80% To $27.36 Billion

The non-petroleum and non gems and jewellery exports in December 2019 were USD 21.05 billion as compared to USD 21.16 billion in December 2018.

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Tata Elxsi Reports 9.7% Revenue Growth In Q3 Q-O-Q

The transportation vertical grew by 10.4 per cent quarter-on-quarter while healthcare grew faster at 40.6 per cent.

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India telecoms regulator TRAI defends new tariff rules after broadcasters' criticism

"We have not curbed anybody's freedom to price the channels. So I don't know how people can say that we have strangulated them or we have not given freedom," R S Sharma chairman.

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RBI Buys Net USD 6.93 Billion In Currency Market In November

Foreign investors had bought a net USD 3.54 billion worth of equities and sold 319.48 million worth of bonds during the period.

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Rupee Rises 12 Paise Against US Dollar In Early Trade

Traders said the appreciation in the rupee was largely on the back of positive global cues.

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Walmart Sacks Around 50 Executives In India Restructuring

Walmart has around 600 staff in its India head office out of a total of around 5,300 nationally.

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