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22 January, 2018 4:04 AM Union Budget 2018: ​India ready for universal basic income, govt should implement it over 2 years, says Former RBI Governor Bimal Jalan

With only a week left for the Union Budget, former Reserve Bank of India (RBI) governor Bimal Jalan has said that India is ready for Universal Basic Income, an idea that was first proposed in Economic Survey two years ago. “Basic income, in its essence, has to be above the poverty line. It surely is a good idea. I think the economy is ready for it. It can be implemented 26

19 January, 2018 10:49 PM UK To Accept 260 Unaccompanied Migrant Minors From France: Official

London: Britain will take in 260 unaccompanied migrant children from France under a deal struck at a summit between Prime Minister Theresa May and French President Emmanuel Macron, the British government said on Friday. Britain had previously agreed to take in a total of 480 unaccompanied minors from France, and had taken in 220 of them, but then imposed 50

19 January, 2018 12:16 PM Government announces list of 9 new Smart Cities

The Union Housing and Urban Affairs Minister Hardeep Singh Puri today announced the names of none new Smart Cities. These cities will receive funding under the Smart Cities Mission taking the total number of cities identified to 99. The winning cities are Silvassa (Dadra and Nagar Haveli), Erode (Tamil Nadu), Bihar Sharif (Bihar), Itanagar (Arunachal 42

18 January, 2018 7:50 AM Volkswagen says studying electric vehicle market closely

German auto major Volkswagen is monitoring electric vehicle scenario in India and will be ready with its range of products for the country as soon as the market is ready, a company official has said. “Volkswagen Group is studying the developments on electric vehicles in India closely ... As and when the Indian market is ready for electric vehicles, the company 17

17 January, 2018 4:28 PM Bring fuel, real estate under GST, says Congress

Wants postponement of e-way billing for goods movement Special Correspondent Ahead of a meeting of the Goods and Services Tax (GST) Council on Thursday, the Congress said petroleum products and real estate should be brought within the ambit of GST and plans to introduce a new billing system for goods that are transported from one State to another deferred 6

17 January, 2018 2:15 PM Amalgamation scheme: Tata Power shareholders' meet on February 19

Tata Power on Wednesday said it will convene shareholders' meeting on February 19 to seek approval for the proposed amalgamation of four group entities with the company. "The transferor company (Tata Power) is desirous to transfer the renewable energy units to the transferee company 1 (Tata Power Renewable Energy Ltd) Transferee Company 4 (Tata Power 21

16 January, 2018 9:16 AM Virat Kohli fined for breaching ICC code of conduct

India skipper Virat Kohli has been fined 25 per cent of his match fee for showing dissent against the umpire during the third day's play of second Test against South Africa here. "India captain Virat Kohli has been fined 25 per cent of his match fee and received one demerit point for breaching Level 1 of the ICC Code of Conduct during the third day's 33

15 January, 2018 7:19 PM Kamal plans to tour State from Jan. 26, meet people

Schedule to be announced soon; may not have as much impact as Rajini, say analysts Actor Kamal Haasan, who has faced criticism for not interacting with the common man despite his political aspirations, has announced he would meet people across the State from January 26. “There was this minor criticism that I have not come to the field. Even you [musician 22

15 January, 2018 1:54 PM Barbeque-Nation gets SEBI's nod for IPO

Casual dining chain Barbeque- Nation Hospitality has received markets regulator SEBI's approval to raise an estimated Rs 700 crore through initial public offering (IPO). The company had filed its draft papers with SEBI in August last year and obtained "observations" from the regulator on January 5, 2018, the latest update with markets watchdog showed 29

15 January, 2018 12:06 PM Hold Tata Consultancy Services; target of Rs 2750: ICICI Direct

ICICI Direct recommended hold rating on Tata Consultancy Services with a target price of Rs 2750 in its research report dated January 12, 2018. US$ revenues grew 1% QoQ to $4,787 million, marginally below our 1.5% QoQ growth and $4,811.4 million estimate. Constant currency revenues grew 1.3% QoQ led by volume growth (1.6% QoQ) Rupee revenues grew 1.2% QoQ to Rs 30,904 crore 42