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SpiceJet, Jet Airways, Interglobe Aviation likely to trade sideways over GST service tax on transport

The GST Council reduced service tax on economy class to 5 percent from 6 percent while raising it to 12 percent on business class from the current 9 percent.

May 21, 2017

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The United States and Saudi Arabia Sign Military Deals Worth Almost $110 Billion

The United States on Saturday (May 20) announced military deals worth nearly $110 billion, during a visit by President Donald Trump to Saudi Arabia. Business leaders on both sides were keen to demonstrate their talks had been a success, so there was an element of showmanship in the huge numbers.

May 20, 2017

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Market outlook: Stocks to watch out for after announcement of GST rates

The impact of tax rates announced by the GST Council for most goods (except gold and some items) and services will be reflected on Monday trading.

May 20, 2017

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GST rate on capital goods no game changer; impact on L&T, ABB, BHEL, Siemens, Thermax seen as minimal

The GST Council fixed the rate on capital goods at 18 percent while on coal, a key raw material, it is 5 percent. Companies dominating this industry include L&T, ABB, Siemens, BHEL and Thermax.

May 20, 2017

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Etihad Airways finds investments in Alitalia, Air Berlin, Jet Airways not paying off

Picking up stakes in Alitalia, Air Berlin to drive growth does not seem to be paying off in catch-up with bigger rival Emirates.

May 20, 2017

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New GST rates leave service providers worried

The Goods and Services Tax will have rates of 5, 12, 18 and 28 percent for services such as telecoms, insurance and restaurants, and experts feel the four rate bands could complicate compliance and give more power to tax authorities.

May 20, 2017

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Bitcoin's murkier rivals line up to displace it as cybercriminals' favourite

Bitcoin addresses are anonymous, but users can be traced through IP addresses or by analysing money flows.

May 19, 2017

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The moment a young Mark Zuckerberg realises he has been accepted to Harvard

Mark Zuckerberg released video on 18 May of the moment he learned of his acceptance into Harvard University, where he later developed and founded Facebook. Zuckerberg said he released the video, filmed by his dad, ahead of his return to Harvard to receive his honorary degree. In the footage, he is seen in his bedroom opening an email from Harvard while dressed in his pyjamas.Yay, I got accepted, a teenage Zuckerberg says softly, before his father Edward Zuckerberg begins cheering.In the comments section on the Facebook post Zuckerberg provided some insight into the video.Before I went to college, my mom bet me Id drop out and my younger sister bet me shed finish college before me. I bet them Id get a degree. Now I suppose the cycle is complete, he wrote.

May 19, 2017