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April 25, Tuesday 2017 6:15 AM       
       HEADLINES: E P Jayarajan takes exception to Pannyan’s dig at Mohanlal                                              Day 2: Delhi cops grill Dhinakaran for 11 hours                                              Chhota Rajan, three others guilty in fake passport case                                              Situation in Kashmir will improve in 2-3 months: Mehbooba                                              AIADMK merger talks stalled as rival factions wrangle                                              Mexico will 'eventually' pay for border wall: Trump                                              N Korean media issue threat to 'wipe out' US                                              Tendulkar turns 44, wishes pour in from across the globe                                              Younis breaks 10,000-run barrier as Pak build reply                                              Kaumudi Facebook
       BUSINESS  
         Sensex rebounds 291 pts; French Prez race, RIL Q4 in limelight    
 
 
MUMBAI: Stocks made a remarkable comeback on Monday after the benchmark Sensex rebounded 291 points -- its biggest single session gain in nearly 6 weeks -- to close at 29,656 ahead of RIL earnings, with strong cues from the French presidential race guiding the way.

 
         Thailand expects 12 lakh tourists from India in 2017    
 
 
MUMBAI: Thailand, the South Asian country mainly known for its tropical beaches and cuisine, is eyeing 12 lakh travellers from India this year.

 
         GST great illustration of cooperative federalism: Modi    
 
 
NEW DELHI: Prime Minister Narendra Modi said the consensus on Goods and Services Tax (GST) reflects the spirit of 'one nation, one aspiration, one determination'.

 
         Niti Aayog lists promoting digi-payments as achievement    
 
 
New Delhi: Making recommendations for reforms in agriculture and promoting digital payments are among the significant achievements of NITI Aayog over the last three years, an official statement said on Saturday. Prime Minister Narendra Modi will tomorrow chair the third meeting of NITI Aayog's Governing Council which will deliberate on the 15-year Vision Document to accelerate the country's economic development.

 
         Hero Cycles eyes setting up Rs 400 cr project    
 
Chandigarh: Bicycle maker Hero Cycles has shown interest in setting up a Rs 400 crore cycle project near Sahnewal in Punjab.

 
         Impact of demonetisation abated: IMF    
 
 
WASHINTON: The IMF said the impact of demonetisation has abated but insisted on quickly replacing the defunct currency in order to restore missing transactions and also to support the peoples' capacity to spend.

 
         Mistry appeals against NCLT rejecting waiver plea in Tata case    
 
 
NEW DELHI: Ousted Tata Sons Chairman Cyrus Mistry has moved appellate tribunal NCLAT against the National Company Law Tribunal, which had rejected his plea for waiver in the eligibility criteria for filing case against the Tata Group. The petition is likely to come for hearing next week before the National Company Law Appellate Tribunal bench, headed by NCLAT Chairman Justice S J Mukhopadhaya. On April 17, National Company Law Tribunal had dismissed a petition filed by two firms belonging

 
         Air India lowers age limit for elderly travel concession    
 
 
NEW DELHI: National carrier Air India has lowered the age limit to 60 for availing travel concession under its scheme for senior citizens. As per the scheme, an Indian citizen who has attained the age of 60 on the date of commencement of journey is entitled to a 50 per cent discount on the basic fare of an economy class seat, an Air India spokesperson confirmed.

 
         SEBI court quashes non-bailable warrant against Sahara chief    
 
 
NEW DELHI: A special Securities and Exchange Board of India (SEBI) court on Friday quashed a non-bailable warrant issued against Sahara chief Subrata Roy as he appeared before the court.

 
         India needs to accelerate investment in children, education:WB    
 
 
Washington: It is "extremely important" for India to increase and accelerate its investment in children and education as the country has a "very high" child stunting rate, World Bank President Jim Yong Kim said today. Lauding Narendra Modi for demonetisation and Swachh Bharat mission, Jim said the Prime Minister needs to accelerate things quickly in educational outcomes so that India as it marches on its fast pace growth can compete in the "economy of future".

 
         Sensex extends gains, up 86 pts on bargain hunting    
 
 
MUMBAI: Markets finished higher for the second straight session on Thursday, with benchmark Sensex rising 86 points as investors snapped up recently beaten down counters amid upbeat global cues.

 
         Jaitley may take up H-1B visa issue with US authorities    
 
 
NEW DELHI: Finance Minister Arun Jaitley today indicated that he would take up the visa issue with the US authorities during his visit to America. "These (IT industry issues) are matters of discussion with the appropriate authorities there. Once I do discuss and get an opportunity, I will let you know," he told reporters when asked whether he would take up the concerns of the Indian IT sector with the US administration.

 
         'India moving forward to become major destination for FDI'    
 
 
WASHINGTON: India, with a young skilled work force, high growth rate and deregulation being undertaken by the government, is set to become an important destination for foreign investment, a former top US trade official has said. "With the young skilled work force, its growth rate that is going to surpass China for the coming years as well as the market opening and deregulation undertaken by Prime Minister Narendra Modi will make this a really important destination for foreign investment," W

 
         Sensex surrenders early gains, falls 95 pts    
 
 
MUMBAI: Benchmark Sensex gave up early gains to end lower for the fourth straight session on Tuesday after investors moved in to book profits.

 
         Apple, Coke, Airtel among cos pulled up for 143 misleading ads    
 
 
NEW DELHI: Apple showing 'iPhone 7' as 'iphone 7 plus variant' is among 143 advertisements dubbed as misleading by regulator ASCI, which also pulled up Coca-Cola India, Bharti Airtel and others for such campaigns. Mobikwik, HUL, Nivea, Amul, Opera, Standard Chartered Bank and Pernod Ricard are among the companies against which a total of 191 complaints were received by Customer Complaints Council (CCC) of the Advertising Standards Council of India (ASCI) for January.

 
         Inflation cools to 5.7%, food prices heat up    
 
 
NEW DELHI: Inflation at the wholesale level eased to 5.7 per cent in March on declining fuel prices and appreciating rupee even as food prices hardened.

 
         Nifty regains 9,200-level in early trade    
 
 
MUMBAI: NSE Nifty reclaims the psychological 9,200-mark and BSE benchmark Sensex soared about 267 points in early trade on Tuesday, triggered by across-the-board buying amid mixed overseas cues.

 
         SC orders auction of Sahara's Amby Valley    
 
 
New Delhi: The Supreme Court on Monday asked Bombay High Court's official liquidator to sell the Rs. 34,000 crore worth of properties of the Aamby Valley owned by the Sahara Group, and directed its chief Subrata Roy to personally appear before it on April 28.

 
         Railways to export locos, train sets worth Rs. 680 cr to Lanka    
 
 
NEW DELHI: Indian Railways will supply modern locomotives and train sets worth Rs. 680 crore to Sri Lanka, in the largest export order for the public transporter.

 
         Sensex edges lower by 88 pts on global weakness    
 
 
MUMBAI: Geo-political issues continued to dominate the scene as the Sensex slipped over 88 points in early part on Monday, mirroring global losses.

 
         Netizens uninstall Snapdeal app instead of Snapchat    
 
 
NEW DELHI: In a case of mistaken identity, many people downgraded and uninstalled the mobile application of e-commerce platform 'Snapdeal' instead of social networking app 'Snapchat' to mark their protest against certain unverified comments of Snapchat CEO about the Indian market.

 
         Petrol price hiked by Rs 1.39 per litre, diesel up by Rs 1.04    
 
 
NEW DELHI: The price of petrol was tonight hiked by Rs 1.39 per litre and diesel by Rs 1.04 a litre in sync with firming international rates. The hike comes the on back of a Rs 4.85 per litre reduction in rates of petrol and Rs 3.41 a litre in diesel effected from April 1. Indian Oil Corp (IOC), the nation's largest fuel retailer, said price of petrol is being increased by Rs 1.39 per litre, excluding state levies, and that of diesel by Rs 1.04 (excluding state levies) with effect from mi

 
         CBEC sanctions Rs 1 cr to each zone for GST outreach    
 
 
NEW DELHI: Racing against time for GST rollout, Central Board of Excise and Customs (CBEC) chief Vanaja N Sarna has sanctioned Rs. 1 crore to each of 23 zones to conduct an outreach programme about the new tax regime.

 
         Markets feel Infosys heat, Sensex dives 182 pts    
 
 
MUMBAI: Technology stocks took a beating on Thursday after Infosys' share buyback plan and revenue outlook failed to move investors as the Sensex dropped 182 points to an over two-week low and the Nifty broke below 9,200.

 
         Infosys plans Rs 13,000 cr pay-out via buyback, dividend    
 
 
BENGALURU: Infosys on Thursday said it will pay up to Rs. 13,000 crore to shareholders during the current financial year through dividend and/or share buyback.

 
         Rupee sinks 17 paise to 64.67 on global woes    
 
 
Mumbai: The rupee on Wednesday ended lower by 17 paise to 64.67 against the US dollar with forex market sentiment dipping over simmering geopolitical tensions at the global level. Investor sentiment soured over rising military heat in the Middle East and the Korean peninsula following last week's US strike against Syria and sabre-rattling by the US and North Korea.

 
         Sensex vaults 213 pts ahead of economic data, earnings    
 
 
MUMBAI: Stocks remained on the front foot as the Sensex on Tuesday sprinted 213 points to close at 29,788, after three days of losses, on investor optimism about March quarter earnings.

 
         Markets make slow start, macros take focus    
 
 
MUMBAI: Stocks held out hope on Tuesday as the flagship Sensex made a tepid recovery ahead of release of key macroeconomic data and start of March quarter earnings season due later this week amid a weak trend in Asia.

 
         Gold extends losses on muted demand, silver slips    
 
 
MUMBAI: Gold prices fell by Rs. 105 per 10 grams at the bullion market on Monday due to reduced demand from jewellers and stockists.

 
         Sensex bounces 125 pts, Nifty above 9,200 early on    
 
 
MUMBAI: The quarterly earnings due to start this week provided markets a crucial leg-up on Monday as the Sensex recouped 125 points and the Nifty topped 9,200 again amid a mixed Asian scenario.

 
 
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