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February 19, Monday 2018 1:47 PM       
       HEADLINES: Govt warns of seizing buses if strike continues                                              Scotch to be available in BEVCO                                              Shuhaib murder: There’ll be no intervention in probe, says Kodiyeri                                              CM, ministers go to Thrissur, administration may freeze                                              No murder can be accepted: VS                                              Former PNB official used, shared bank passwords to help Nirav Modi                                              NCP candidate Jonathone Sangma killed by terrorists in Meghalaya                                              Passenger plane carrying 66 people crashes in southern Iran                                              Iran greatest threat to world: Netanyahu                                              Russian church shooting leaves 4 dead                                              ISL: Kerala Blasters pips North East United 1-0                                              J'burg T20I: India look to extend dominance against Proteas                                              J'burg WT20I: SA win toss, ask Indian eves to bat first                                              J'burg T20: Bhuvi's fiver seals victory for India                                              Kaumudi Facebook
       BUSINESS  
         'Maharashtra has great business potential'    
 
 
MUMBAI: Anand Mahindra, the chairperson of Mahindra group, on Sunday said that the state of Maharastra has great business potential, however, if its growth is mismanaged, it could dissuade investors.

 
         Sensex drops 195 pts, Nifty below 10,400    
 
 
MUMBAI: The benchmark BSE Sensex dropped 195 points or 0.57 per cent in afternoon trade due to increased selling in bluechips led by Tata Steel , SBI and Larsen & Toubro.

 
         Reliance to invest 60,000 cr in Maharashtra    
 
 
MUMBAI: Chairman and Managing Director, Reliance Industries Limited, Mukesh Ambani on Sunday said that his company will invest 60 thousand crores, in a collaborative initiative, over the next ten years, in the state of Maharashtra.

 
         Retailers accused of levying GST over MRP    
 
 
NEW DELHI: Consumers have been left in distress as a result of retailers charging Goods and Services Tax (GST) over and above the maximum retail price (MRP) of a commodity.

 
         Citizens urge reduction of GST on sanitary napkins    
 
 
NEW DELHI: The 12 per cent taxation chargeable on sanitary napkins has faced a backlash from citizens, as they feel a key sanitary need should not be included in such a high tax bracket.

 
         India, Iran sign double taxation pact    
 
 
NEW DELHI: India and Iran on Saturday signed an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, Central Board of Direct Taxes (CBDT) revealed.

 
         Refer to these fintech startups for range of medical loans    
 
 
NEW DELHI: Among all the personal loans the medical loan is the most crucial one which is often required on an urgent basis by the applicants.

 
         SBI launches Global NRI Center to enhance customer experience    
 
 
MUMBAI: The State Bank of India (SBI) on Friday launched its Global NRI (GNC) center, a one-stop customer service solution for all NRI banking related services, in Kochi.

 
         Nifty drops 93 points, ends below 10,500    
 
 
MUMBAI: The NSE 50-share Nifty fell 93.20 points to close at 10,452.30 following widespread selling in PSU Bank, Auto, Metal, Media and Realty counters.

 
         Will ask visually challenged to examine new notes: HC    
 
 
NEW DELHI: The Delhi High Court Friday said it would consider asking some visually impaired persons to examine the new currency notes and coins recently issued by the government to see if they faced problems differentiating between the various denominations.

 
         US dollar ends higher against rupee    
 
 
MUMBAI: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs. 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here Friday.

 
         Controversial Economist predicts that India could dethrone western wealth and power    
 
 
MUMBAI: Outspoken economist, Dr. Marc Faber, was at The Taj Mahal Palace Hotel on Saturday. Dr. Faber, who's also the editor of ‘The Gloom, Boom and Doom Report’, was the keynote speaker at Equitymaster's 5th annual investor conference.

 
         TCS launches Enterprise Data Lake on Amazon Web    
 
 
MUMBAI: The Tata Consultancy Services (TCS) on Thursday announced the launch of its Enterprise Data Lake for advanced analytics including consumer-behaviour study on Amazon Web.

 
         Budget 2018: Arun Jaitley's education reforms pave way for quality education    
 
 
NEW DELHI: Education and reforms are the need of the hour and the 2018-19 Budget did not leave any stone unturned to ensure that the sector gets it's much required boost and support. The 2018-19 budget clearly defined how serious the government is to uplift the status of education in the country and the extent to which they are willing to support.

 
         Sensex rises over 200 points, Nifty near 10600    
 
 
MUMBAI: The benchmark BSE Sensex was trading up by 227 points or 0.67 per cent in afternoon trade as banking, IT, pharma and oil stocks gained amid firm global markets.

 
         Sensex extends rally, rises 173 pts on positive macro data    
 
 
Mumbai:The benchmark BSE Sensex gained 173 points to 34,473.43 in early trade on Wednesday, rising for the second straight session on back of positive macroeconomic data and sustained buying by domestic institutional investors (DIIs) amid appreciating rupee.

 
         PM woos investors at Oman-India business meeting    
 
Muscat: Prime Minister Narendra Modi on Monday met with industry leaders of the Gulf and West Asia region at the India-Oman business meeting here during which he pitched India as an attractive destination to do business.

 
         No change in foodgrain prices    
 
Chennai:Prices of all commodities remained unchanged in the wholesale foodgrain market here today. Following are the wholesale rates of various agri-commodities (rates in rupees per quintal, unless stated otherwise):Thoor Dal Rs 7,200, Urad Dal Rs 6,700, Moong Dal Rs 7,300, Gram Dal Rs 5,200, Sugar Rs 3,600, Wheat Rs 2,600, Maida (90 kg) Rs 2,400 and Sooji (90 kg) Rs 3,000.

 
         Punjab National Bank detects $1.77 billion worth of fraudulent transactions, CBI probe ordered    
 
 
MUMBAI: Indian state-run Punjab National BankBSE -8.88 % said on Wednesday it had detected some "fraudulent and unauthorised" transactions worth about $1.77 billion at one of its branches in Mumbai.

 
         Chorus of dissent against budget grows: Chidambaram    
 
 
NEW DELHI: Congress leader P Chidambaram Tuesday said that the chorus of dissent against the 2018-19 budget has grown and even economists of the government and the RBI Governor have spoken against its provisions.

 
         TCS among top three employers in N America 2018    
 
 
MUMBAI: Leading consulting and business solutions company, Tata Consultancy Services Ltd. (TCS), announced that it has been named as one of the top three employers in North America by the Top Employers Institute, an independent organisation that certifies employers around the world for excellence in creating a total work environment for their employees.

 
         RBI rolls out new stressed assets framework to tackle bad loan problem    
 
 
MUMBAI: The Reserve Bank of India (RBI) scrapped numerous loan restructuring programmes, asking banks to immediately identify defaults and make disclosures every Friday to the RBI credit registry, starting from February 23.

 
         Sensex recovers 260 points, Nifty above 10,500-mark    
 
 
MUMBAI: Stocks staged a strong comeback in early trade with the BSE Sensex gaining over 260 points and the Nifty recapturing the 10,500-level on continued buying by domestic funds ahead of inflation data to be released after market hours Monday.

 
         15 months after note ban, RBI still processing returned notes    
 
 
NEW DELHI: The RBI has said that Rs. 500 and Rs. 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness."

 
         Union Budget has failed people of India: Chidambaram    
 
 
CHENNAI: Senior Congress leader P Chidambaram said the latest Union Budget for 2018-19 as a whole has failed the people of India.

 
         SBI reports Rs. 2,416 cr loss in Q3    
 
 
NEW DELHI: The State Bank of India (SBI) on Friday reported loss of Rs. 2,416 crore in the third quarter of the current fiscal, attributed to lower trading income on account of hardening of bond yields, higher corporate slippages leading to higher loan loss provisions and significant investment depreciation hit.

 
         India Post Payments Bank to enable digital payment by April    
 
 
NEW DELHI: With the nationwide rollout of the India Post Payments Bank (IPPB) Expansion Programme scheduled to begin in April this year, digital payments in post offices are expected to be enabled around the same time.

 
         Fiscal situation should be comfortable next financial year: FM    
 
 
NEW DELHI: Finance Minister Arun Jaitley on Saturday exuded confidence that there will be no more fiscal slippages as the financial position is likely to be comfortable from the next fiscal.

 
         Ericsson confirms 5G readiness for operators    
 
 
NEW DELHI: Networking and telecommunications MNC Ericsson finalised 5G-readiness for operators by enhancing its 5G Platform with new solutions for the radio and core network.

 
         Stocks retreat on global rout, Nifty ends below 10,500    
 
 
MUMBAI: Stocks tripped over the growing worries about rise in interest rates and a global rout in equities Friday, with the benchmark Sensex falling over 1 per cent to close at a one-month low and the broader Nifty crashing below the 10,500 level.

 
 
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