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India’s GDP will be bigger than Japan, Germany combined in 4 years: IMF

NEW DELHI: The Indian economy, whose size is $2 trillion as of now, is poised to overtake the combined GDP of Japan and Germany in the next four years on the back of recent policy reforms and improved business confidence ...

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Petrol, diesel prices go up by over Rs 3

A hike in petrol and diesel prices by over Rs 3 per litre from Saturday-Sunday midnight took away more from the common man than the Finance Minister Arun Jaitley proposed to give through his Budget.  Petrol price were hiked by ...

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Union Budget 2015 raises tax deduction limit to Rs 4.44 lakh for I-T payer

NEW DELHI: With fresh incentives for individuals announced in the Union Budget on Saturday, the overall deduction limit under personal income tax has gone up to Rs 4,44,200 a year. In the Budget for 2015-16, finance minister Arun Jaitley has ...

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Nokia India signs 3 year contract with HCL Infosystems

Nokia India, a subsidiary of Microsoft Mobile Oy, has signed a three-year sales contract with HCL Infosystems to sell its mobile phones. “NISPL (Nokia India Sales Private Ltd), subsidiary of Microsoft Mobile OY, and HCL Infosystems Ltd have signed a ...

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Vodafone India outpaces other group units, posts 15% growth in Dec quarter

MUMBAI: Vodafone’s Indian unit outpaced its group counterparts to report 15% organic growth in revenue in the quarter through December, as subscribers used more of its premium data services, even as the basic voice telecom service remained under pressure, like ...

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Petrol, diesel prices cut by over Rs 2

NEW DELHI: State-run fuel retailers on Tuesday reduced petrol price by Rs 2.42 per litre and diesel by Rs 2.25, but the motor fuels still remain costlier than jet fuel — which costs Rs 46.51 per litre in Delhi — ...

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Buy your train tickets now and pay later at home

NEW DELHI: Passengers traveling via Indian Railways can now book their tickets online and get them delivered at their doorstep as per the ‘Cash on Delivery’ mode. Launching the ‘Cash on Delivery’ rail ticketing system, IRCTC is looking to target ...

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Bank employees to go on strike from Jan 21

Public sector bank employees have decided to go on a 4-day strike from January 21 to protest against the “rigid and callous attitude” of Central Government in resolving the long pending wage revision issue, a senior union leader said on ...

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Centre hikes excise duty on fuel again

For the third time in six weeks, the Centre on Thursday hiked the basic excise duty on petrol and diesel and absorbed the benefit of falling crude oil prices that would have been otherwise passed on to consumers by oil ...

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New ATM Usage Rules: How Should You Plan Your Withdrawals

If you are the kind of person who has the habit of hopping across to your nearest ATM to withdraw small amounts of cash, because you cannot really rely on the use of plastic money, or are still not compatible ...

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Petrol Price Cut by 91 Paise Per Litre, Diesel by 84 Paise

New Delhi: Petrol price was on Sunday slashed by 91 paise per litre – its seventh reduction since August, while that of diesel was reduced by 84 paise, its third straight cut, as international oil rates continued to slump. The ...

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Petrol, diesel prices likely to be slashed again as crude dips to $80 a barrel

Following the recent deregulation of diesel prices and multiple reductions in petrol rates last month, fuel consumers can look forward to more price cuts as Brent crude oil on Tuesday fell to its lowest in four years at $80 a ...

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RBI makes SMS alerts for cheques mandatory

MUMBAI: Banks will now start sending SMS alerts to both payer and drawer in cheque transactions as soon as the instruments are received for clearing. Expressing concern over the rise in cheque-related fraud cases, the Reserve Bank of India (RBI) ...

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India names first 3 in crackdown on tax evasion, laundering

New Delhi: In a major step in its crackdown on the country’s parallel economy, the Indian government on Monday revealed before the Supreme Court the names of three persons who allegedly have parked untaxed or ‘black’ money in illicit foreign ...

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