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Future Group's Devendra Chawla on why eating healthy is likely to remain on the 'to do' list

It is that moment of impulse, where satiation of a craving overtakes all rationale and emotions.




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By Diwali we will be back with a bang, says Micromax's Rahul Sharma

The Micromax chief is not unnerved with the over-the-top aggression of Chinese rivals who have been 'burning' money on a marketing blitzkrieg.




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Global markets feel winter chill as uncertainties rise

Default of a Portugese bank, Ukraine-Russia face-off, developments in Middle East and signs of weakness in US economy have subdued investor sentiment.




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Monetary easing still needed: Federal Reserve Chair Janet Yellen

While the economy appears likely to rebound from a first-quarter contraction, Yellen said the progress “bears close watching.




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Tech rivals Apple-IBM ink marketing deal to embrace iPhones & iPads

IBM salesmen to now recommend Apple devices to their healthcare & banking clients




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China’s total debt surges to 251% of GDP

By comparison, the US had a 260% total-debt-to-GDP ratio in 2013 and Japan has 415%, according to the Financial Times.




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Wall Street's brightest minds reveal the most important charts in the world

We asked dozens of our favorite analysts, economists, strategists, and portfolio managers on Wall Street and around the world to send us their most important charts.




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S&P 500 could climb to 2300, says Wall Street legend Byron Wien

Market peaks have occurred historically at 25x-30x times earnings. On that basis, the market is fairly valued but not exceedingly expensive.




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S&P 500 could climb to 2300, says Wall Street legend Byron Wien

If the S&P 500 earns $115 in 2014, it is selling at 17.1x earnings. Market peaks have occurred historically at 25x-30x earnings.




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Analyst: The stock market's wolf may finally be close at hand

In his latest note, Jonathan Krinsky of MKM Partners, uses parable of the boy who cried wolf to describe the past year and a half of action in the stock market.




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Wall Street ends near flat as Russia concerns linger

US stocks ended near flat as concern about an escalation of the Russia-Ukraine conflict offset gains in consumer staples shares.




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Jim Rogers, legendary investor, thinks US stocks are going to fall

In an interview, Rogers said that instead of buying US stocks, he is investing in Asian markets - Japan, Russia, and China.




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IBM's Sriram Rajan advises how telecom companies can use analytics

Thanks to the increasing penetration of smartphones India is transitioning from a 'mobile first' to 'mobile only' country.




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The auditor is much maligned, but essential to protect the organisation

Rules are created to protect organisations. Some rules create efficiency while others de-risk the company.




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Consequence of digital transformation is the human transformation of customer relations

Smart companies automate the operational part of the business - to create time for their people to connect with customers




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Professionals struggle with letting people go, but entrepreneurs don't as much, says Shaadi.com's Anupam Mittal

When you are hiring someone, they should basically understand the culture of your organisation, says Shaadi.com's Anupam Mittal.




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Built a fantastic team of over 3000 people across 22 countries, says Zomato's Deepinder Goyal

Till about a year ago, I was fairly hands-on in the hiring process, says Zomato's Deepinder Goyal.




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Global mergers and acquisitions hit all-time high in 2015 at $4.86 trillion: Dealogic report

Global M&A volume at USD 4.86 trillion in 2015 was the highest on record for any year, surpassing the previous record of USD 4.61 trillion in 2007.




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Kalyan Jewellers to spend Rs 20 crore to build 2000 homes for poor

Kalyan Jewellers has committed Rs 20 crore towards the initiative as part of its endeavour to support the communities with which it operates its business, it said.




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Tatas approach sovereign wealth funds to buy Cyrus Mistry family’s stake

The Tata family trusts have reached out to sovereign wealth funds and other long-term investors to gauge their interest in purchasing the Mistry family’s stake if it became available, according to the people.




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Mutually discuss Interconnection issue and sort it out: Manoj Sinha to telcos

Interconnection enables mobile users to make calls to customers of other networks and is, therefore, crucial for smooth functioning of mobile services.




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Indian Oil Corporation plan to cut debt hinges on demand revival

Gross debt at Indian Oil, the nation’s largest refiner and fossil fuel retailer, has risen from ₹86,400 crore at the beginning of 2019-20 to ₹1,16,000 crore at the start of 2020-21. About 50% jump in debt in the January-March quarter came following the weakening of demand due to the Covid-19 pandemic, dividend outflow and delay in fuel subsidy transfer by the government.




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Numaligarh Refinery to import 21TMT of crude oil from Petronas Malaysia

Managing Director of NRL S K Barua tweeted, “NRL is importing 21TMT crude oil from Petronas through Haldia port to be rail freighted to Numaligarh for future processing. A step towards ensuring energy security.”




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Numaligarh Refinery awards Rs 300 cr expansion project to thyssenkrupp

According to the company, thyssenkrupp will provide engineering, procurement and construction management (EPCM) services for various units of the refinery located in Numaligarh




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Vedanta’s sale of $1 billion oil unit stake stalls

Vedanta plans to sell a minority stake in its Indian oil unit have stalled after a collapse in crude prices.




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India, Russia plan MoU on coking coal; boost crude oil trade

The ministers also reviewed ongoing projects and plans including the participation of Indian companies such as Indian Oil Corporation in Russias state-owned Rosneft’s Vostok oil project in the Russian Arctic, Novatek’s deal to supply of LNG to H-Energy, cooperation between Gail and Gazprom.




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India's fuel demand nearly halves in April amid lockdown

State fuel retailers in India sold 50% less refined fuel in the first two weeks of April than the same time a year earlier as the country came to a standstill due to the lockdown that was put in place on March 24.




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RBI’s call to form payments entity catches India Inc fancy

Reliance, Paytm & BSE are among those interested in securing licences to run an entity with powers like NPCI.




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Contactless payments, digital loans make kiranas open doors to fintech

Top fintech companies are, therefore, rushing to tap into this new consumer trend, with several of them offering digital solutions to small merchants. These range from instant loans to digital billing to even geotagging, as companies believe the merchant digitisation business will boom when the lockdown eases.




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Small businesses will opt for gold loans to restart business

Gold loans for business purposes are mostly used by small businesses as short-term working capital for stocking. With gold prices hovering around Rs 47,000 per 10 gm, small businesses will need to take loans to resume operations, said industry executives.




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NBFCs ask RBI for one-time restructuring of all loans till Mar 2021

​ NBFCs have also demanded for extension of the Reserve Bank of India's moratorium to them, relaxation on provisioning norms and additional funding from Small industrial Development Bank of India (SIDBI) and National Bank for Agriculture and Rural Development (NABARD) through refinance mechanism.




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Power Finance Corporation may institutionalize work-from-home

The company has already has the IT setup and provisions for employees to be allowed to work form home in future as well, said PK Singh, director (commercial) in-charge of HR. Edited excerpts of an interview with ET’s Rica Bhattacharyya.




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Working capital loan sanctions doubled in 2 days: Nirmala Sitharaman

A day after suggesting that Indian economy is "poised to recover" as indicated by high levels of loan sanctions by banks over last two months, Finance Minister Nirmala Sitharaman on Saturday pointed out that banks are leaving no stone unturned to ensure that the current coronavirus situation does not result in liquidity crisis for businesses.




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Assam ropes in KPMG, E&Y to deal with post Covid situation

State Innovation & Transformation Aayog (SITA), Assam, is working on a Strategy Paper for the state government by engaging Ernst & Young (EY) on tea industry. Tea industry has suffered immensely during the lockdown .




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Darjeeling tea losing out in global trade

Major importers like Germany & Japan, which have been buyers of first flush teas from Darjeeling for decades, first want to check the quality before placing order. Iran, which had bought, around 54 million kg of teas in 2019 has also started placing good orders with the tea exporters which has resulted in orthodox tea prices moving up by Rs 30 -40 per kg in comparison to last year.




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Wheat procurement to fall by 15% due to curbs on interstate crop movement

The lockdown has curbed movement of the cereal from neighbouring states to mandis in Haryana and Punjab.




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Seasonal fruit mango in West Bengal sinks deep under lockdown crisis

Corona lockdown has put entire mango trade in West Bengal under deep uncertainty. The debacle is bound to cause severe economic crisis in the Mango zone of the state. West Bengal is one of the largest contributors to India's national mango output that constitutes around 40% of global yield.




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Centre mulls reviving animal markets

Exports have come to a standstill as most meat units ran out of existing stocks early this month and animal markets have been shut for weeks. Animal husbandry minister of Uttar Pradesh, Lakshmi Narayan Chaudhari, said curbs will slowly be lifted, which should cheer famers and exporters in the state that accounts nearly 70% of buffalo meat export from India.




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Govt may extend interest equalisation scheme for export sector

"We are ensuring that exports come back on the track. The export data for March is an indicator; the impact of the present crisis could be seen from the export data of March and that for April would also be similar," a Ficci statement said.




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Piyush Goyal calls upon Indian missions abroad to promote India as an investment destination

Commerce and Industry Minister Piyush Goyal said that Invest India and the Department for Promotion of Investment and Internal Trade are working to create a genuine single window for setting up factories and manufacturing units.




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India open to mutually benefitting collaborations with interested countries: Goyal

The minister said India gives the most importance to "the fair dealing and the reciprocity" while signing any multilateral agreements. He said it was not there because of which India did not participate in the Regional Comprehensive Economic Partnership (RCEP).




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Commerce ministry recommends continuation of anti-dumping duty on Chinese chemical

In a notification, the ministry's investigation arm Directorate General of Trade Remedies (DGTR) has said there is a "positive" evidence of likelihood of dumping of Sodium Citrate and injury to the domestic industry if the existing anti-dumping duty would be removed.




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SEZ units want customs duty waiver for domestic sale as exports plummet

At present, SEZs are also not able to sell their products in the domestic market, as payment of customs duty as per Section 30 of SEZ Act, 2005, is making their products uncompetitive, the Export Promotion Council for EOUs and SEZs (EPCES) said in a letter to commerce and industry minister Piyush Goyal.




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Rice exports to Bangladesh via West Bengal likely to commence soon

Rice exports to Bangladesh through West Bengal will likely begin soon as the ministry of home affairs (MHA) has taken a tough stand against the state government for not allowing border trade with India's eastern neighbour.




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RBI announces Rs 50,000-crore Special Liquidity Facility for mutual funds

The scheme is available from today, that is, April 27. It will be available until May 11 or up to utilization of the allocated amount, whichever is earlier. The Reserve Bank will review the timeline and amount, depending upon market conditions.




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Sebi eases compliance norms for investment in unlisted NCDs for mutual funds

The regulator has also eased compliance norms with regards to grandfathering of the existing unlisted NCDs, the Securities and Exchange Board of India (Sebi) said in a circular.




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RBI extends regulatory benefits under SLF-MF to all banks

The banks claiming the regulatory benefits would be required to submit a weekly statement, the central bank said in its release.




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Salaries increase for top mutual fund CEOs

According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent in 2019-20 from the preceding fiscal year.




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Franklin Templeton Mutual Fund apologises unconditionally to Sebi

The fund's global CEO had blamed regulatory changes for its decision to shut 6 schemes.




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Equity mutual fund inflows hit 4-month low of Rs 6,108 crore in April

Overall, the mutual fund industry witnessed net inflows of Rs 45,999 crore across all segments, data by the Association of Mutual Funds in India showed on Friday.