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GST realises 'one nation, one tax' dream: Jaitley

In fact, Chidambaram had only a few days back said that the GST will lead to inflation and asked what precautions the government has taken to contain that. Chidambaram said "this is a very, very imperfect GST". Chidambaram said the Congress would continue to watch the roll-out of GST and articulate the fears and grievances of small and medium size and multi-state businesses and consumers.

Business

Monogram Residential Trust (NYSE:MORE) Earning Positive News Coverage, Report Finds

Hatteras Financial Corp.is an externally managed mortgage real estate investment trust (REIT) that invests in single-family residential mortgage real estate assets, such as mortgage-backed security (MBS), mortgage servicing right (MSR), residential mortgage loans and other financial assets.

Business

European Union authorities accuse GE, Merck and Canon of merger violations

GE renamed the unit, which produces 6MW offshore wind turbines, GE Renewable Energy. The commission and GE are discussing the objections and potential fine, a process expected to last until September or October, according to people familiar with the case.

Business

Etihad Responds To US Laptop Ban Removal From Its Airports

On Sunday, Abu Dhabi-based Etihad Airways said the electronic devices ban has been lifted on all its flights between Abu Dhabi and the United States following the successful validation of security measures at the U.S. The United States has stepped-down its 'electronics ban' on all Emirates and Etihad Airways flights from Dubai and Abi Dhabi to the U.S., with passengers again able to carry larger electronics like laptops, tablets and noise-cancelling headphones into the aircraft cabin, ...

Business

Why to Keeping Eye on General Electric Company (GE), NVIDIA Corporation (NVDA)?

After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. TrimTabs Asset Management LLC increased its stake in shares of NVIDIA Corporation by 88.9% in the first quarter.

Business

Gov. Ricketts Comments on EPA RFS Volumes Proposal

The target for biodiesel, which the category includes, for 2019 was set at 2.1 billion gallons - the same as for 2018. The American Petroleum Institute (API) welcomed the Environmental Protection Agency's (EPA's) proposal to slightly lower the total biofuel volume for 2018, but says that move does not go far enough.

Business

QVC to acquire its biggest rival in $2 billion-plus deal

Liberty Interactive Corporation has a one year low of $17.24 and a one year high of $27.06. Institutional investors and hedge funds own 89.54% of the company's stock. Its up 12.51% from 8.29M shares, reported previously. 03/10/2014 - UBS began new coverage on Liberty Interactive Corporation giving the company a "buy" rating.

Business

Canada trade data shows economic strength ahead of rate decision

The import of five new airliners in May contributed the most to the growth, Statistics Canada said Thursday without elaborating. The deficit had jumped in April and even after narrowing in May it was larger than at any point past year. Those two countries along with Mexico account for most of the US trade deficit. Those are the biggest trading partner of the U.S. Imports on the other hand decreased by 0.1% to $238.5bn despite record purchases of capital goods.

Business

5-magnitude natural disaster hits central Philippines, no tsunami warning

The natural disaster was felt at Intensity 5 in Tacloban City, Palo, Leyte, Cebu City; Intensity 4 in Talosa, Leyte; Sagay City, Negros Occidental; Burgos, Surigao del Norte; Intensity 3 in Bogo City, Cebu; Calatrava Negros Occidental; Intensity 2 in Libjo, San Jose, Cagdianao, Dinagat Islands; and Intensity 1 in Roxas City and La Carlota City, Negros Occidental.

Business

United Airlines apologizing (again) after selling 2-year-old's seat to standby

Yamauchi said she did not want to create a scene in the flight so she sat her son on her lap and didn't say anything till they reached Boston . Shirley Yamauchi told Hawaii News Now she paid almost $1,000 for her son's ticket to Boston , where she was attending a teacher's conference last week.

Business

U.S. lifts electronic device ban on Qatar Airways flights

The US is one of the main destinations for transit travellers to and from India. Emirates and Turkish Airlines , both also affected by the ban, said on Wednesday that measures have been lifted for flights departing from their Dubai and Istanbul bases respectively.

Business

Boston Advisors LLC Reduces Stake in Coca-Cola Company (The) (KO)

The lowest EPS estimate is $0.56 and the highest is $0.59. The business is expected to issue its next earnings report on Wednesday, July 26th. The latest broker reports which are now outstanding on Thursday 6th of July note 6 analysts have a rating of "strong buy", 1 analysts "buy", 7 analysts "neutral", 1 analysts "sell" and 5 analysts "strong sell".

Business

Students graduate with an average of £50k debt

The student loan debt levels are a "huge issue". "Under the Tories, student debt continues to rise with no end in sight, and students in the United Kingdom will now graduate with a shocking average of over £50,000 in debt". Mr Belfield says the 6.1% being charged on loans is "very high compared with current market rates". The rise in interest rates combined with tuition fees will push the yearly cost of attendance up to £9,250 per year for each student.

Business

Meira Kumar unsure of seeking Nitish Kumar's support for Presidential elections

Interestingly, Nitish Kumar's support to Ramnath Kovind has not only annoyed the opposition parties but also created friction between Nitish and RJD supremo Lalu Prasad who termed the Bihar CM's decision as a "historic blunder". "The atmosphere is challenging". "JD (U) has already made its mind and we can not encroach in that", said Verma. I want to share with you what she said.

Business

Cenovus Energy Inc (CVE) Receives Outperform Rating from Royal Bank Of Canada

Cenovus Energy (NYSE: CVE ) (TSE:CVE) previously issued its periodic earnings reports on early Wed, Apr 26th. So the company beats the analysts estimate by $0.02/share showing a surprise of 33.3%. But a clearer picture would only emerge once we also consider its current assets (including cash) and earnings. The Firm also conducts marketing activities and owns refining interests in the United States (U.S.).

Business

True Religion Sheds $350M In Debt With Bankruptcy Filing

Chapter 11, also frequently referred as the "reorganization chapter" of the bankruptcy code, permits a debtor to propose a plan of reorganization to keep their failing business alive and pay creditors over a period of time. The retailer focuses on selling denim products, and it will be able to continue operating thanks to its owner, TowerBrook Capital Partners . In court documents, True Religion has listed the estimated value of its assets at between $100 million and $500 million - the ...

Business

Indian visas granted to Pakistan athletes at last

Sports department sources said around 42 track and field events will be held in the championship and 20 world champions are likely to take part. Pakistan's confirmation for the Championships comes as a much-needed breakthrough for sporting relations between India and Pakistan in wake of worsening dipolmatic relationships between the two neighbouring countries, Pakistan were not able to take part in the Asian Wrestling Championships and Asian Snooker Championships, in Chennai during May, as ...

Business

Hobby Lobby to forfeit artifacts, pay $3 million United States fine

Hobby Lobby told prosecutors that the dealers who were selling these artifacts had provided documentation declaring that the various items had been "legally acquired" in the 1960s by a father of one of the dealers, that the items had been moved to U.S.in the 1970s and then taken back to the UAE to show to the Hobby Lobby president.

Business

Google posts July 2017 Android security updates for Nexus and Pixel devices

The scenario could be Apple's OLED demands would be so great suppliers will be compelled to deliver at the expense of other device vendors. The release of Samsung Galaxy S8 and LG G6 has set a new standard for the next generation devices.

Business

New 'tamper-detect' EVMs to be used in 2019 polls: CEC

Mr Joti will succeed Nasim Zaidi who demits office tomorrow.He will take over as the head of the Election Commission on Thursday. - Joti has also worked as Chairman, Kandla Port Trust under the Ministry of Shipping on deputation basis during October 1999 to October, 2004.

Business

RBI starts printing Rs 200 notes to ease money transactions

It is believed that Rs 200 notes will significantly ease day-to-day transactions as people will be able to withdraw lower denomination notes as they are forced to withdraw Rs 500 notes in most ATMs. There are even reports of the government bringing back the Rs 1,000 currency note in a new avatar soon. The report also informed that the process of printing the new Rs 200 notes is likely to begin after June.

Business

IAF rubbishes reports of tracing missing ALH in Arunachal

Efforts to reach the spot will resume tomorrow (Thursday)", inspector-general of police (law and order) Nabin Payeng said. The IAF was engaged in flood rescue mission in the state when it went missing yesterday around 3:50 PM after it took off from Pilputu helipad near Sagalee.

Business

Fed minutes: 'Several' see balance-sheet reduction starting in a 'couple of months'

But other members of the policymaking Federal Open Market Committee advocated for waiting until later this year to start slowly scaling back the Fed's $4.5-trillion balance sheet to allow more time to assess the state of the economy, the minutes of the June 13-14 meeting said.

Business

Ninth ASEAN ministerial summit held in New Delhi

President Pranab Mukherjee showed his satisfaction at the strong development in the sound traditional friendship between Vietnam and India. Meanwhile, Vietnamese Deputy Prime Minister Pham Binh Minh asked India to play a greater role in ASEAN's strategic and security affairs.

Business

ISIS Reduced to Less Than 5 Percent of Its Former Iraqi Capital

Iraqi government forces on Sunday recaptured more areas and killed 79 ISIS militants in Mosul's Old City as they pushed to the last few meters held by the terrorist group. A sentiment echoed by Gen. Abdel Ghani al-Asadi, head of Iraq's special forces, who said the Islamic militants are in a "fight to the death" after his soldiers retook Mosul's main hospital the day before.

Business

Rocky IV villain Ivan Drago could return in Creed sequel

Well, it looks like Michael B. Jordan's Adonis Creed might be taking the same path as his father. In an Instagram post, Sylvester Stallone teased his idea for a Creed sequel that would see Adonis Creed , fresh off his triumph over Ricky Conlan in the first film, facing off against the man who killed his father.

Business

GST is black law; will attend launch for Pranab Mukherjee: Samajwadi Party

Chidambaram said a "peculiar arrangement" has been made in the name of compromise and the law was being hastily implemented while the traders and business wanted some more time because they were not prepared for it yet. Talking to reporters here on Saturday, he said that though the Congress was the original proponent of the GST, its present form has many flaws and its repercussions would be known in the coming days.

Business

China's services sector loses steam in June: Caixin PMI

Although the reading remained above the 50 no-change mark for eleventh consecutive month, the survey suggested the slowest expansion in services output since February. The survey found that new business growth fell to a nine-month low. A strong service sector is crucial for the Indian economy as it accounts for more than 60 percent of gross domestic product, and if momentum is maintained in 2017 it would lead to a faster economic recovery.

Business

Global Tractor Hydraulic Lifter Market - Size, Overview, Analysis, and Forecasts 2017

A detailed segmentation evaluation of the Motorbike market has been provided in the report. Hence, Global Fire Truck Market is growing at a CAGR of XX% between 2016 and 2022. The study report evaluates the range of factors of the Outdoor Power Equipment industry, such as definition, demands, share, analysis, supply, sales, size, specification, forecast trends, production, classification, industry policy, news, and application .

Business

Snapped: Salman returns SRK's Tubelight favour, shoots for Aanand L Rai film

It is being said that the makers are bringing the old Judwaa to meet the new ones during the climax sequence of the film in an attempt to make the audience nostalgic about the 90s film. The latest update says that Salman has been asked to play a small cameo in SRK's upcoming movie in the direction of Anand L Rai . As we know, Shah Rukh had recently done a cameo in Salman's Tubelight and now it's the other way round.

Business

China's Traffic-Straddling Bus Grinds To A Halt

In theory, the Transit Elevated Bus , or TEB, is an electrically powered, 300-passenger vehicle that moves atop tracks straddling the highway while allowing road traffic to flow below. "Everything we do is approved by related departments in the government, and if we are an illegal company with financial issues, why are the local governments still interested in us?" he asked.

Business

Backed forces breach Isil stronghold Raqqa after blowing holes in city wall

It said the routes created by the air strikes allowed SDF fighters to bypass booby traps and vehicle bombs that ISIS had prepared in breaks in the wall, although the jihadist group still put up heavy resistance as the fighters entered their final redoubt.

Business

Rajinikanth requests Tamil Nadu government to consider film industry's plea

Recently, superstar Kamal Haasan has come out strongly against it. Earlier, actor Siddharth hit out at both the state and the centre for the confusion caused by GST, and also pinned the blame on the Tamil Nadu government for punishing Tamil cinema for years, by fostering a culture of bribes.

Business

Wild monkeys confront Florida family

They growled, hissed and started chasing people. "You guys, the monkeys are attacking". Florida State Parks did not immediately return a request for comment. The family spotted the monkeys near a covered portion of a boardwalk. Anyone who sees a rhesus macaque monkey is asked to call the Florida Fish and Wildlife Conservation Commission Wildlife Alert Hotline at 888-404-3922.

Business

Americans have severe trust issues with media, Congress

Sixty-five percent of Republicans say civility between the GOP and Democrats has declined since November, with just 12 percent saying it has improved. Overall, thirty percent of all Americans say they have some degree of trust in the media, while 37 percent do not have any trust in the press. The recent scandal over the " fake news " issue occurred on June 24, when CNN took down an article, where, citing a source, the broadcaster reported on a US Senate Intelligence Committee ...


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