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Technology, at the base level, is a great equaliser. It does not differentiate whether the user is poor or rich. When you dial a number from your mobile, it gets connected and you can speak with the other person. It shows technology delivers the same results. However, the moment we club...

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One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be the immediate uptick in consumption demand, according to the State Bank of Indias Economic Research Department.   "As per our estimate consumption demand may be frontloaded by Rs 55,000...

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Credit cards are very good for me. Card issuers think that I would be good for them, too, and they keep offering me credit cards which I refuse—I have three already, and that is quite enough, thank you.   Actually, I am a bad, no, useless actually, credit card customer. This is...

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IANS 26 August 2019
Breaching a psychological barrier, gold prices in Mumbai touched new high of a little over Rs 40,000 per 10 gm, on Monday, industry players said.   "This is indeed an unprecedented high, but lower by at least 20 per cent in US Dollar terms. Presently, it is $1,545 on the Comex, lower...

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"Akshya Tritiya", considered an auspicious day for buying gold in India, saw healthy buying of the yellow metal this year as lower prices increased footfalls in traditional markets like Ahmedabad, Mumbai and Delhi.   Irrespective of market conditions, gold prices normally increases...

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Sumit Sharma 24 July 2018
Acche din for Indian borrowers seem to be fading fast, as the cost for acquiring homes, cars, washing machines, among others gets costlier.   Following the first increase in June of its key repo rate since the National Democratic Alliance (NDA) government assumed office in 2014, the...

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Moneylife Digital Team 24 May 2018
In a welcome move for homebuyers, the Union Cabinet has reportedly approved amendments to the Insolvency and Bankruptcy Code (IBC) allowing the status of financial creditors to homebuyers. This status means a homebuyer, who had paid money for buying property in a project that has been stalled...

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Moneylife Digital Team 12 October 2017
The Reserve Bank of India (RBI) has decided to allow interoperability between e-wallets and banks through unified payment interface (UPI). This will allow customers to transfer money between e-wallet and bank accounts through UPI, in a phased manner. The central bank also tightened...

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IANS 05 October 2017
Amidst the festive madness also exist the perennial late travellers woes -- but according to a latest study by global search engine Skyscanner, flight prices from Delhi, Mumbai and Bengaluru all see a drop two weeks prior to the festival period before sharply rising one week before...

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Moneylife Digital Team 02 October 2017
Airlines are looking at 10%-15% hike in airfares due to sharp increase in aviation turbine fuel (ATF) prices every month since August 2017. The most recent increase came when oil marketing companies raised prices by 6%. These hikes come at a time when the rupee is weakening against the US...

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Amit Kapoor  and   Sandeep Goyal (IANS) 04 April 2017
The onset of summer and rising mercury levels will soon lead to a huge demand for ice-creams and frozen desserts across India. This implies a huge sales opportunity for these companies in India. However, with HUL filing a case against Amul, an interesting twist has been added to the...

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Moneylife Digital Team 07 July 2016
The National Company Law Tribunal (NCLT), the new avatar of Company Law Board (CLB), while dismissing petition filed by Unitech Ltd, has asked "depositors to pursue their remedies as per the law". The NCLT also suggested the concerned Registrar of Companies (RoC) to take appropriate action...

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Anil K. Rajvanshi (IANS) 23 June 2016
I stay in rural Maharashtra. We have reached a stage in life where we hardly shop but sometimes need specialty items like books, computer peripherals, herbal teas and the like. These items are not available in our rural town of Phaltan where we live and so we do online shopping. In the last...

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Vinod Behl (IANS) 18 May 2016
Against the backdrop of low demand and slow home sales, Reserve Bank of India (RBI) Governor Raghuram Rajan's plea to real estate developers to "adjust" their prices to encourage buying was met with a refrain: There is no scope to cut prices, which have already undergone...

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Moneylife Digital Team 29 April 2016
Lack of affordability leads to muted growth in housing prices   House Price Inflation is moderating as per Reserve Bank of India's Housing Price Index (HPI). House price inflation reduced to 9.8% y-o-y in the October-December quarter of 2015. This is the lowest ever-recorded number...

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Moneylife Digital Team 29 April 2016
Lack of affordability leads to muted growth in housing prices   House Price Inflation is moderating as per Reserve Bank of India's Housing Price Index (HPI). House price inflation reduced to 9.8% y-o-y in the October-December quarter of 2015. This is the lowest ever-recorded number...

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Each plane with eight people on board can land and fly from the sea. These planes will land on the Mandovi river, giving tourists the opportunity to catch glimpses of the backwaters   Goa is all set to launch seaplane and amphibian rides for tourists, a top state government official...

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New York : US electronic giant Apple has said the iPhones have a life expectancy of three years and so does the Apple watch while AppleTV devices expire in four years.   In a recent update to its environmental policy, Apple addressed the question of how long an Apple device is...

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New Delhi : In a bid to make navigation around big cities easy, search engine giant Google on Wednesday updated its Google Maps app that now shows a dedicated tab with information for cab services in addition to the existing driving, public transport or walking options.   So next time...

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Kavita Bajeli-Datt (IANS) 04 March 2016
New Delhi : Mansav Sethi, an IT professional, is very excited. For the father of two children, a long weekend with his family is always a bonanza. As Holi this year falls on a Thursday and Good Friday the next day, he seized the opportunity to plan a quick getaway.   According to...

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