ECONOMY & NATION


Voters should involve more in the electoral process right from the selection of candidates by political parties to make the need to use NOTA button redundant The promise to raise health spend to 3% of gross domestic product (GDP) from the present low of 1.2%, which is a likely priority...

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Why Indian carriers are indulging in price wars, instead of considering the options of reductions in flight or even cancelling those that are loss making sectors? Once again, domestic airlines in India have gone into a price war on offering economic and attractive prices to air...

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Moneylife Digital Team 13 March 2014
SBI has launched “SBIePay” a payment intermediary, which will connect various banks/ financial institutions and merchants, e-Commerce transactions State Bank of India has launched “SBIePay” a payment intermediary, which will have electronic connectivity with various Banks/ financial...

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Moneylife Digital Team 13 March 2014
Despite some near term hiccups, overall trend is positive thanks to improving macro environment in the US For Indian IT companies prospects for a better FY15F is intact as overall macro trends are positive, despite some near term hiccups. Macro indicators in US suggest a possible...

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Moneylife Digital Team 13 March 2014
The tariff orders to compensate for rise in the price of Indonesian coal provide relief to Tata Power and Mundra Power CERC (Central Electricity Regulatory Commission) has notified the long awaited Compensatory Tariff orders on imported coal based Tata Power and Adani Mundra Power...

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Moneylife Digital Team 13 March 2014
Overall, there appears to be a slowdown in inflation across all the sectors except the ‘clothing, bedding and footwear’ industry The downward trend in retail inflation commenced in December 2013 continues for the month of February 2014 as well, taming down the inflation concerns which...

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Moneylife Digital Team 13 March 2014
The growth in IIP reflects a clear dichotomy between export-led growth and domestic slowdown, points out SBI Research IIP growth at 0.1% for January 2014 was a pleasant surprise, even as CPI (Consumer Price Index) declined to 8.11% in February 2014 largely in consonance with street...

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Domestic steel and sponge industry is not able to obtain raw materials; export of low grade iron fines from Goa cannot take place until legal issues are resolved while the little shipments of pellets now cannot be exported due to additional duty Indian iron ore exports, prior to the...

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Moneylife Digital Team 12 March 2014
One day before AstraZeneca Pharma announced delisting, its volumes spurted and share prices shot up by 9.13%. Could it be a case of insider trading? On 3rd March AstraZeneca Pharma India Ltd, (AZ India) announced that its promoters AstraZeneca Pharmaceuticals AB (AZP AB) Sweden, will...

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Automatic manual transmission is the new buzz in the car market Suddenly, the otherwise sleepy new car market in India is abuzz with discussions on the range of small cars which are already out with automatic transmission or promise to provide automatic transmission. Primarily, as on...

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Moneylife Digital Team 12 March 2014
AAP, which talks about 'clean' politics, has given Lok Sabha ticket from Hisar in Haryana to a retired IAS officer, who revoked orders passed by Dr Khemka for stopping land consolidation in two villages Arvind Kejriwal-led Aam Aadmi Party (AAP) often talks about 'clean' politics and...

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As a first step, from 2016, India will start issuing international permits for vehicles entering the country from some of its neighbours, covering both commercial and passenger category, from Bangladesh During the last summit meeting of South Asian Association for Regional Cooperation...

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Moneylife Digital Team 11 March 2014
The sharp fall in exports a matter of concern, says SBI Research The trade numbers released indicate export declining by 3.7% and imports registering a de-growth at17.1%. As a result the overall trade deficit narrowed to $8.1 billion. According to SBI Research the point of concern is the...

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Moneylife Digital Team 11 March 2014
Income tax department conducted searches simultaneously at about 20 locations of Hiranandani group in Mumbai, Bangalore, Chennai and Hyderabad The Income Tax (I-T) department on Tuesday conducted searches at about 20 locations of Hiranandani group in Mumbai as well as in Bangalore,...

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Moneylife Digital Team 11 March 2014
Urban growth has been weak for a while and there appear no signs of a turnaround yet Broader demand trends seen in 3QFY14 have continued into the current quarter, and that there appears to be no signs of any ‘bottoming out’ of the current slowdown in demand for Hindustan Unilever. The...

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Moneylife Digital Team 11 March 2014
Besides protection of its assets, Mt Gox has requested the suspension of actions in the US that jeopardise its efforts to restructure abroad Troubled Bitcoin exchange Mt Gox has filed for protection under US bankruptcy law, 10 days after doing the same in Japan after a huge loss of the...

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What India truly needs is the setting up of small and medium size solar panel manufacturers who can offer turn-key jobs to individual houses The Solar Energy Corporation of India (SECI) is the nodal agency established by the union government for implementing solar projects in the...

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Moneylife Digital Team 10 March 2014
According to ICRA, with some housing finance companies focusing more on riskier products like loans against property and builder loans or leaning more towards the self-employed segment, there may be some stress on their asset quality numbers Ratings agency, ICRA said although housing...

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Moneylife Digital Team 10 March 2014
Lower courts will have to give explanation to the Chief Justice of the respective High Court if the trial is not completed within a year The Supreme Court on Monday set a deadline for lower courts to complete trial in cases involving lawmakers within a year of framing of charges. This...

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Moneylife Digital Team 10 March 2014
During the conversation, Kejriwal is seen asking the TV anchor to give emphasis on certain segments of the interview A video showing Aam Admi Party (AAP) leader Arvind Kejriwal asking a TV news anchor to emphasise certain sections of his interview went viral on YouTube on Sunday...

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