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October 24, Tuesday 2017 11:13 AM       
       HEADLINES: Inter-religious marriage: Family faces Mahallu committee's ban                                              Bike riders die after hit by unknown vehicle                                              Patidar leader alleges BJP bribed him                                              ISRO eyes Cartosat-2 series launch in Dec                                              Bilkis Bano case: Gujarat to apprise SC on departmental action                                              Polls in Himachal earlier due to weather: CEC                                              Abbasi becomes first Pak PM to fly military helicopter                                              First batch of Afghan Pilots complete 'Black Hawk' training in US                                              Small child's body found in culvert in Texas                                              School sports meet: Ernakulam secures top spot                                              School sports meet: Mar Basil becomes champion in schools division                                              ‘Uncapped’ Shreyas Iyer, Mohammed Siraj named in India T20I squad                                              Ashwin, Jadeja recalled for Test series against Lanka                                              FIFA U-17 World Cup semi-final match to take place in Kolkata                                              Kaumudi Facebook
       BUSINESS  
         Here are seven hacks before buying foreign currency in India    
 
 
NEW DELHI: More and more Indians are travelling abroad, and are amongst the highest spenders on their international trips. Recent studies have shown that the number of Indian tourists travelling abroad is increasing by 25 percent on a year-on-year basis and that Indian globetrotters tend to spend an average of 12 to 15 days on their trips.

 
         GST, demonetisation may impact Indian wedding market: ASSOCHAM    
 
 
NEW DELHI: The upcoming wedding season starting in November may be impacted by 10 to 15 percent owing to demonetisation and Goods and Services Tax (GST). Wedding services like marriage garden/marriage hall booking, tent booking, confectionery services, and photography will be particularly impacted, according to a study by industry chamber ASSOCHAM.

 
         Sensex bounces 224 pts in early trade on positive Asian cues    
 
 
MUMBAI: The benchmark BSE Sensex recovered about 224 points and the NSE Nifty regained the 10,200 mark in early trade Monday on fresh buying by investors amid a firm trend in Asian markets.

 
         Some rejig in GST rate structure required: Adhia    
 
 
NEW DELHI: Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.

 
         Essar completes construction of Ro-Ro terminals in Gujarat    
 
 
NEW DELHI: Essar Projects, the EPC arm of Ruias-led Essar Group, today said it has constructed and designed the 'roll-on-roll-off' (ro-ro) terminals at both Dahej and Ghogha ports, as part of its Rs. 225 crore contract from the Gujarat government.

 
         Now, Air India looks for Rs 1,500 crore short term loans    
 
 
New Delhi: Disinvestment-bound Air India has sought proposals for short term loans worth Rs 1,500 crore to meet "urgent" working capital needs, according to a document.

 
         Govt incentivises online purchase, payment of Gold Bonds    
 
 
NEW DELHI: In a bid to fuel the ongoing digitisation drive, the Government of India in consultation with the Reserve Bank of India (RBI) announced a discount on the purchase of Sovereign Gold Bonds, if made online and paid digitally.

 
         Modi praises IFFCO's efforts in farmers upliftment    
 
 
NEW DELHI: The Indian Farmers Fertiliser Cooperative (IFFCO), world's largest processed fertilizer cooperative, has been praised by Prime Minister Narendra Modi for their efforts and initiatives to train the farming community on the right use of fertilizers, advanced techniques and cash-less transactions with the aim of doubling farmers' income by 2022.

 
         UAE Exchange India won Indcom Award 2017 for Best Digital Media Campaign    
 
 
KOCHI: UAE Exchange India showcased its penchant quality and exemplary services trends in all its service verticals especially in the field of Digital media which is reigning large in the contemporary industry.

 
         Bajaj Finserv slashes personal loan interest rate to 11.99%    
 
 
PUNE: To make this festive season brighter, Bajaj Finserv, through its lending arm, Bajaj Finance Ltd., is offering personal loan at a special interest rate of 11.99 per cent for a loan value of Rs. 12 lakh and above.

 
         AI looks for Rs. 1,500 crore short term loans    
 
 
NEW DELHI: Disinvestment-bound Air India has sought proposals for short term loans worth Rs. 1,500 crore to meet "urgent" working capital needs, according to a document.

 
         Paytm reports Mega-Dhanteras sale    
 
 
NEW DELHI: Mobile wallet company Paytm on Wednesday said it witnessed a significant increase in business during Dhanteras. Paytm Vice-President Amit Sinha said partners associated with it had recorded an increase of 25 to 30% sale in their businesses during the festival.

 
         Reliance Jio hikes 84-day plan to Rs. 459    
 
 
NEW DELHI: Reliance Jio on Wednesday unveiled its new Dhan Dhana Dhan tariff plans that will be available from Oct 19 and will be applicable for all new as well as existing subscribers.

 
         US dollar ends higher against rupee    
 
 
Mumbai: The US dollar ended higher against the rupee at 65.04/05 per dollar but the pound sterling finished lower at Rs 85.69/71 at the close of the Interbank Foreign Exchange (forex) market here today.

 
         Gold worth inr 120cr transacted within 6 months: Paytm    
 
 
New Delhi: Mobile wallet company Paytm on Wednesday said gold worth INR 120 crore has been transacted within six months of launch of sales on its platform and the number of buyers crossed one million mark on the Dhanteras day.

 
         Commodities worth over Rs 120 cr procured at MSP in R'sthan    
 
Jaipur: Soyabean, groundnut, moong bean and urad dal (black gram) worth over Rs 120 crore has been procured at minimum support price in Rajasthan.

 
         Nifty hits fresh high; Sensex slips from record    
 
 
MUMBAI: Continuing its record-setting run for the third session, benchmark Nifty closed at a new peak of 10,234.45 in range-bound trade Tuesday amid optimism over corporate earnings and strong buying by domestic investors.

 
         Sensex, Nifty retreats from record on profit booking    
 
 
MUMBAI: The benchmark BSE Sensex retreated from record levels to trade lower by 56 points in early session Tuesday as realty, auto, healthcare and metal stocks fell after participants booked profits.

 
         Reliance Retail to be biggest threat to Amazon, Flipkart: Pai    
 
 
HYDERABAD: Reliance Retail will pose the biggest challenge to top e-commerce players Amazon and Flipkart next year due to its wider reach and tremendous penetration of telecom arm Jio, said an IT industry veteran.

 
         India undergoing 'exciting digital transformation: IMF    
 
 
WASHINGTON: India is currently pursuing an "exciting" route of digital transformation which can be a learning experience for everyone, according to the IMF which is featuring a case study on the country's digital revolution in its new book.

 
         Sensex hits new peak of 32,687.32; Nifty at 10,242.45 pts    
 
 
MUMBAI: The benchmark BSE Sensex and the broader Nifty climbed to new life-time highs of 32,687.32 and 10,242.45 points, respectively, in opening session on the back of gains in banking, FMCG, auto and oil and gas stocks.

 
         Digital India to contribute 30pct to India's GDP by 2025    
 
 
NEW DELHI: Minister of State for Tourism (Independent Charge) K J Alphons said the Digital India program, flagged off under the Narendra Modi government, has the potential to provide an incremental 20 to 30 percent increase in India's GDP by 2025, owing to the significant progress made under the scheme since its inception in July, 2015.

 
         Bring real estate under GST: Sisodia writes to Jaitley    
 
 
NEW DELHI: Delhi Deputy Chief Minister Manish Sisodia Sunday wrote to Union Finance Minister Arun Jaitley, demanding that the real estate sector be brought under the ambit of Goods and Services Tax (GST).

 
         IMF favors three structural reforms in India    
 
 
WASHINGTON: The IMF has suggested a three-pronged approach for structural reform in India that includes addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets.

 
         India must go for pollution-free methanol as fuel: Gadkari    
 
 
PANAJI: Union minister Nitin Gadkari has said India must use pollution-free methanol as fuel, like Sweden, which is switching over to it from diesel.

 
         Indian Railways to start cheaper, faster Rajdhani between Delhi-Mumbai    
 
 
NEW DELHI: The Indian Railways has decided to run a 'special Rajdhani' train between Delhi-Mumbai, without flexi fare and will take two hour less than the two existing Rajdhanis, and will start from October 16.

 
         Help young entrepreneurs to set up startups: AP IT Minister Lokesh to officials    
 
 
AMARAVATI: Andhra Pradesh Information Technology (IT) Minister Nara Lokesh on Friday asked officials to help young entrepreneurs to set up their startups.

 
         Madhya Pradesh slashes VAT on petrol by 3%, diesel by 5%    
 
 
BHOPAL: The Madhya Pradesh Government on Friday slashed the Value-Added Tax (VAT) on prices of petrol by 3 per cent and diesel by 5 per cent, following the lead of Maharashtra and Gujarat.

 
         Sensex climbs 211 pts on positive economic data points    
 
 
MUMBAI: Driven by strong IIP numbers and an unchanged inflation, the Sensex Friday rallied over 211 points to 32,393, reflecting interrupted buying by domestic institutional investors.

 
         RBI sets rupee reference rate at 65.1003 against US dollar    
 
 
MUMBAI: The Reserve Bank of India Friday fixed the reference rate of the rupee at 65.1003 against the US dollar and 77.2741 for the euro.

 
 
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