Daily Newsletter | Friday, January 20, 2017 | | Jallikattu protests: What is fuelling the fire | With the last of powerful leaders gone with Jayalalithaa's death, what is seen today could be an eruption of pent-up anger, say observers. Jallikattu came as a spark, with all the ingredients of hurt pride and unrecognised valour. |
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I-T expands list of transactions under scrutiny | The income tax department has expanded the list of high-value financial transactions that have to be reported by banks, companies, post offices and businesses to include cash deposits of Rs 2.5 lakh or more during the demonetisation period. |
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| Gurugram to get International Arbitration Centre | Local offices for more than 250 Fortune 500 companies – Gurgaon is going to get an International Arbitration Centre (IAC) soon to provide a platform for business houses to negotiate commercial disputes. Punjab and Haryana High Court has given its consent for setting up IAC and forwarded a proposal in this regard to state government. |
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| | | Market consolidates, Union budget takes spotlight | Bringing up the second day of gains, equities showed signs of consolidation after the benchmark sensex closed at 27,309 as investors tried to strike a fine balance between new policies of US President-elect Donald Trump and the domestic budget, which is a day away. |
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Bids for 190 routes received under UDAN scheme: Govt | Bids have been received for as many as 190 routes under the regional air connectivity scheme, where fares would be capped at Rs 2,500 for one-hour flights. The ambitious UDAN scheme aims at boosting air connectivity to and from unserved and under-served airports and making flying more affordable. |
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Sensex rises 51 points on global cues, oil stocks rally | Equities advanced for a second day as the benchmark sensex climbed nearly 51 points to close at 27,308.60 on across-the-board buying, led by oil and gas and PSU stocks, in line with a firming global trend amid buying by foreign as well as domestic financial institutions. |
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