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January 19, Friday 2018 8:46 PM       
       HEADLINES: Why we need these MPs to talk only in channels, asks K Surendran                                              B Sandhya removed as ADGP, South                                              Was son killed over property dispute? Police unwilling to accept Jaya's statement                                              CBI will probe Sreejiv’s death, order passed                                              Actress attack case: No action on Dileep’s complaint on charge sheet leak                                              Fire breaks out in Mumbai's Navrang Studio                                              Solution to SC judges’ row likely on Monday                                              EC has never touched this low: AAP                                              Hafiz Saeed should be prosecuted: US                                              India should not comment on Chinese construction in Doklam: Beijing                                              Pak-Iran to resume rail services                                              Kulbhushan Jadhav abducted from Iran: Baloch activist                                              ICC U-19 WC: India thrash Zimbabwe to top Group B                                              We will definitely try to get Ashwin back in CSK: Dhoni                                              AIFF U-16 team departs for exposure trip to Dubai                                              Kaumudi Facebook
       BUSINESS  
         Rise in demand for Yoga accessories from abroad: Expert    
 
 
THANE: The demand for Yoga equipment and accessories in foreign countries, including Australia and Canada, has been growing for the past few years, an expert has said here.

 
         Nine more cities added to Smart City Mission, total now 99    
 
 
NEW DELHI: Three cities of Uttar Pradesh are among nine chosen in the latest round of the Centre's flagship Smart City Mission, Union Minister of Housing and Urban Affairs Hardeep Singh Puri said Friday.

 
         Gold retailers hopeful of tax relief ahead of Budget    
 
 
HYDERABAD: With the Union Budget to be presented in ten days, dealers in gold and silver jewellery are hopeful of a much-needed tax relief.

 
         GST Council discusses making return filing process simpler    
 
 
NEW DELHI: The all-powerful GST Council today veered around the idea of making the GST return filing process simpler to ease compliance burden for small businesses.

 
         Banks fuel markets Bull Run; Sensex, Nifty hit new peaks    
 
 
MUMBAI: Continuing their winning run for the second straight day, benchmark equity indices Sensex and Nifty hit fresh closing peaks of 35,260 and 10,817, respectively, with banking counters leading the rally today amid reports that the government might increase FDI limits for banks.

 
         Netanyahu meets biz leaders over power breakfast    
 
 
MUMBAI: Israel Prime Minister Benjamin Netanyahu Thursday met top leadership of India Inc for a power breakfast, the first of his numerous assignments for the day as he wraps up his four-day India visit.

 
         Budget 2018: Hardware dealers suggest simplification of filing GST returns    
 
 
HYDERABAD: Ahead of the Budget session on January 29, hardware dealers here are hopeful of a reduction in Goods and Services Tax (GST) rates, as well as a more streamlined process of filing tax returns.

 
         SBI to raise Rs 20,000 cr for affordable housing, infra    
 
 
New Delhi: State Bank of India today said its board has given nod to raise Rs 20,000 crore for financing affordable housing and infrastructure projects through long- term bonds. "The executive committee of the Central Board in its meeting held today has inter alia approved, the proposal for issuance of long term bonds of Rs 20,000 crore for financing of infrastructure and affordable housing in domestic and overseas market in FY 2017-18 and FY 2018-19," the country's largest bank said in a

 
         Rupee rebounds 16 paise to 63.88 a dollar    
 
 
MUMBAI: Showing an impressive resilience, the rupee bounced back in style after a brief overnight crash and ended higher by 16 paise at 63.88 against the US currency on bouts of dollar selling by exporters and banks. The government's decision to slash its additional borrowing requirement for the current fiscal to Rs 20,000 crore from Rs 50,000 crore, estimated earlier, literally brought some much-needed relief for the battered forex market.

 
         Patanjali to partner with Flipkart, Amazon    
 
 
NEW DELHI: Yoga guru Ramdev's Patanjali Ayurveda has entered into an agreement with e-commerce websites to give a big push to the online sale of its Swadeshi range of Fast-moving Consumer Goods (FMCG).

 
         GST meeting on Jan 18, to discuss real-estate    
 
 
NEW DELHI: An important Goods and Services Tax (GST) Council meet ahead of the Union Budget is scheduled on January 18. According to sources, discussion of real estate inclusion in GST is the key agenda of this meeting.

 
         Patanjali won't enter into partnerships with global firms: Ramdev    
 
 
NEW DELHI: Yoga guru Ramdev on Tuesday said he has no plans to enter into partnerships with any international company, as he doesn't support the idea of Foreign Direct Investment (FDI).

 
         Sensex retreats from record, slips 72 pts    
 
 
MUMBAI: Benchmark Sensex shed 72 points Tuesday after three straight record-setting sessions on emergence of profit-booking and weak macroeconomic data.

 
         RIL to invest Rs. 5K cr in West Bengal: Ambani    
 
 
KOLKATA: RIL Chairman Mukesh Ambani Tuesday announced Rs. 5,000 crore investment in expanding telecom and petro-retail businesses in West Bengal and said his company is exploring the possibility of setting up a manufacturing facility for mobile phones and set-top boxes.

 
         Financial Institutions to ensure US TIN for pre-existing accounts is reported    
 
 
NEW DELHI: All Indian Reporting Financial Institutions (RFIs) are to ensure that the United States Tax Identity Number (TIN) is reported of each pre-existing account for the year 2017 onwards, in compliance of the Inter-Governmental Agreement (IGA) signed between India and United States under Foreign Account Tax Compliance Act (FATCA), CBDT notified on Monday.

 
         UIDAI allows face recognition for Aadhaar authentication    
 
 
NEW DELHI: The UIDAI Monday allowed face recognition as additional means of Aadhaar authentication to be used in combination with existing ways such as fingerprint or iris scan.

 
         What women expect from Union Budget 2018    
 
 
NAGPUR: As the announcement of the Union Budget 2018 is just around the corner, women are expecting more funds to be allocated for the women security.

 
         Aadhaar biometric lock, a lesser-known security feature    
 
 
NEW DELHI: Long before it brought in an extra firewall for privacy with the proposed virtual IDs, the Aadhaar-issuing authority UIDAI had set in place a 'biometric lock' as an additional layer of protection against outside intrusions or breach.

 
         Govt to invite fresh applications for RBI deputy guv post    
 
 
NEW DELHI: The government will soon invite fresh applications for the post of RBI Deputy Governor, a position that fell vacant after S S Mundra retired on completion of his three-year term on July 31, 2017.

 
         Govt mulls tax-free gratuity of up to Rs. 20 lakh: Report    
 
 
NEW DELHI: Payment of Gratuity Amendment Bill 2017 is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for tax free Rs. 20 lakh gratuity.

 
         Inflation will dip in January, claims SBI    
 
 
New Delhi: Commenting on the retail inflation figures reported on Friday, the State Bank of India (SBI) noted that while the figures are in line with expectations, inflation is expected to decline in January. In a report drafted by SBI's Economic Research Department, it was noted that the hike in inflation was primarily due to the base effect, as analysed by Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser of SBI and author of the report.

 
         Commerce Secretary urges policy framework to address export financing woes    
 
 
New Delhi: In lieu of the inefficiency of India's current institutional framework in recognising risks of overseas markets, Commerce Secretary Rita A. Teaotia highlighted a "pressing need" to devise policy framework needed to address issues of finance to exports.

 
         ED arrests former Andhra Bank director    
 
New Delhi: The Enforcement Directorate (ED) arrested former director of Andhra Bank Anup Prakash Garg with regards to a money laundering case.

 
         Infosys President Rajesh Murthy steps down    
 
 
BENGALURU: IT major Infosys's President Rajesh Murthy, one of the company's most highly paid executives resigned from his post.

 
         IT Dept reports significant hike in prosecutions against tax evaders    
 
 
NEW DELHI: In a bid to curb the black money menace in the country, the Income Tax (IT) Department on Friday reported that it has substantially increased criminal prosecution proceedings initiated in a large number of cases of tax offenders and evaders.

 
         Sensex, Nifty hit new highs on global cues    
 
 
MUMBAI: Markets continued their record- setting trend for the second straight session with the BSE Sensex soaring around 135 points to all-time high of 34,638.42 even as TCS posted disappointing December quarter earnings.

 
         French luxury group eyes investing over Rs. 3K cr in Patanjali    
 
 
NEW DELHI: French luxury group LVMH Moet Hennessy - Louis Vuitton, is willing to invest a mammoth 500 million USD (Rs. 3,250 crore) in Patanjali Ayurveda.

 
         Sensex regains 51 pts in early trade ahead of earnings    
 
 
MUMBAI: The benchmark Sensex rebounded by 51 points in opening trade Thursday after IT, realty and teck stocks rose on optimistic buying by investors ahead of announcement of quarterly results.

 
         Foreign airlines can own up to 49% stake in Air India    
 
 
NEW DELHI: The government Thursday allowed foreign airlines to own up to 49 per cent stake in national carrier Air India at a time when the process for strategic disinvestment of the debt-laden airline is on.

 
         Financial bids for all 12 large NPA accounts by month-end: SBI    
 
 
New Delhi: Country's largest lender State Bank of India (SBI) expects financial bidding process for resolution of 12 big stressed accounts to be over by the end of this month, said the bank's top official.

 
 
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