ECONOMY & NATION


Moneylife Digital Team 09 February 2015
All the exit polls have given AAP a decisive edge with one of them giving it as high as 53 seats in the 70-member House. The BJP, however, rejected the exit polls and exuded confidence of wresting power in Delhi after a gap of 16 years   Counting of votes for the high-profile Delhi...

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Moneylife Digital Team 06 February 2015
Jaitley said the Budget will focus on reforms in power, energy, railways and ports and also hinted at more public investment into these sectors   Ahead of the Union Budget, Finance Minister Arun Jaitley Friday hinted at more reforms for faster economic growth and rationalisation of...

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Moneylife Digital Team 06 February 2015
Leaked emails by Amy Pascal included at least one racially-insensitive one referring to President Barack Obama, while another called Angelina Jolie a spoiled brat   Amy Pascal, the Sony executive whose emails were leaked during the North Korean movie hacking saga, is stepping down,...

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Moneylife Digital Team 05 February 2015
After the end of the campaign marked by bitter political attacks and allegations and counter allegations, workers of the major parties fanned out on a door-to-door canvassing in 70 constituencies   Curtains came down on Thursday on the high-decibel campaign in one of the most-fiercely...

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Moneylife Digital Team 05 February 2015
According to a report from Liases Foras, despite improvement in sales in the residential market during the December quarter, overall growth continues to fall as it witnesses a 1.1% decline since FY14    The latest quarterly report released by Liases Foras reveals that the realty...

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Moneylife Digital Team 04 February 2015
Rahul Gandhi also alleged that Natrajan, who quit the Congress recently, has been put up by PM Modi and his government to target the Congress party   Breaking his silence over Jayanthi Natarajan's allegations against him over green clearances, Rahul Gandhi on Wednesday said his...

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Moneylife Digital Team 03 February 2015
Big companies like Reliance, Airtel, Vodafone and Aditya Birla Nuvo are eyeing payment banks just when Modi Jan Dhan scheme claims to have brought everyone into the formal banking fold   A clutch of hopefuls, ranging from the biggest to smaller make up the list of 113 applications, 72...

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The government gets going on tax treatment, disinvestment and spectrum sales   On 28th January, immediately after bidding goodbye to US president Barak Obama, the government got down to business and announced three big decisions. Of these, the most sensible was the decision not...

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Moneylife Digital Team 03 February 2015
Jaitley said AAP has to answer who were behind the companies that donated Rs2 crore the Kejriwal-led party and what was their source of income    Union Finance Minister Arun Jaitley on Tuesday said Arvind Kejriwal-led Aam Admi Party (AAP) was caught red-handed in receiving funds...

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The Railways is in dire need of funding, while Coal India is unable to supply adequate coal as there are not enough rakes. Why not allow Coal India to invest in Railway to ensure that it gets all rakes required to transport coal to its customers and power producers    For the first...

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Moneylife Digital Team 03 February 2015
While keeping key rates unchanged, the RBI Governor expressed displeasure that despite a generalised fall in the cost of funds, banks have not yet passed these effects and benefits of policy rate cut from 15th January, into the spectrum of lending rates   The Reserve Bank of India...

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Moneylife Digital Team 02 February 2015
These allegations have come up at a time when there are just five days to go for the Delhi assembly polls, and closely follow AAP-leader Arvind Kejriwal's statement about his plans to file a complaint against the Bharatiya Janata Party (BJP) to the Election Commission (EC)   In a...

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Moneylife Digital Team 02 February 2015
Payments Banks cannot issue credit cards or undertake lending activities   Aditya Birla group has applied to RBI (Reserve Bank of India) for a payments bank license. The specific company within the group was Aditya Birla Nuvo Limited.   "Aditya Birla Nuvo, on 2 February 2015,...

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Moneylife Digital Team 02 February 2015
The Reserve Bank of India is scheduled to review its policy rates on Tuesday. An interest rate cut could be a stimulus to manufacturing activity in India   Manufacturing growth declined to a three-month low in January 2015 on slower pace of order flows from domestic and global...

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New areas of collaboration include the Railways, industrial parks and reciprocal arrangements to be made so that India and China can expand business   India’s External Affairs Minister, Sushma Swaraj, has begun her four-day visit to China in preparation for the proposed China visit by...

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Moneylife Digital Team 30 January 2015
The four times MP and former Minister of Environment said she obliged to the 'wishes' of Rahul Gandhi while serving as minister but was unceremoniously removed from her post and sidelined without any reason   Jayanthi Natarajan, the former Minister of Environment, Friday said she is...

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Moneylife Digital Team 29 January 2015
According to the Urban Development Secretary, in next two days the government will complete the process of identification of 100 cities, which it wants to make smart   The framework for Prime Minister Narendra Modi's ambitious project of developing 100 smart cities will be finalised...

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Moneylife Digital Team 29 January 2015
Before his sudden appointment as foreign secretary, Jaishankar was India’s Ambassador to the US and played a key role during PM Modi’s visit to the US in September and US President Obama’s just concluded visit   S Jaishankar on Thursday took charge as foreign secretary, replacing...

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Moneylife Digital Team 28 January 2015
While Indian markets are getting huge inflows, money is flowing out of other emerging markets     Dedicated EM (emerging markets) equity funds reported a large outflow of US$3.20bn for the week ending 21 January 2015. This is the 10th consecutive week of outflows for dedicated EM...

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Moneylife Digital Team 28 January 2015
Gas output from D1 and D3 fields in KG-D6 block has fallen from about 54 mmscmd achieved in 2010-11 to just over 8 mmscmd   Reliance Industries Ltd and its partner BP Plc of UK will invest about Rs6,000 crore by 2016 to help sustain and improve recovery from the two main gas fields in...

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