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Reliance Communications Offers 1GB 4G Data At Rs. 49 To New Customers

New Delhi: Reliance Communications on Friday came out with a new offering that provides 1GB data to new 4G customers for Rs. 49 whereas 3GB data will be priced at Rs. 149 plus free, unlimited local and STD calls within its network. The plans under ‘Joy of Holi’ offer come with a 28-day validity. “With this launch, all new 4G customers of Reliance Communications will get… 1GB of data access offered at just Rs. 49 while 3GB of data access can be availed for only Rs. 149, along with free…

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JPMorgan could move thousands of staff out of UK: Report

a JPMorgan Chase & Co could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month’s Brexit vote, bank CEO Jamie Dimon told an Italian newspaper. Currently, banks based in the UK can sell services freely across the EU under a “passporting” system, considered the most significant feature of the EU single market for financial firms. But that is now in doubt after Britons voted to leave the bloc. “The key issue…

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Salary Disclosure Requirement ‘Non-negotiable’: Sebi To MFs

Mumbai: Refusing to budge on its directive for mandatory disclosure of pinnacle-control revenue with the aid of mutual budget, Sebi on Monday told them it’s far a ‘non-negotiable’ requirement and traders must be supplied date without any ‘more filters’. a few fund houses, inclusive of HDFC, Reliance and ICICI Prudential Mutual price range, these days started out publishing the earnings information for unit holders on their respective web sites as in step with the directive, however many others did no longer achieve this and desired the regulator to relax the…

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Oil Jumps As Yuan Hits 2016 High; Investors Put Fresh Cash Into Oil

Singapore: Oil prices jumped on Friday supported by fresh investment and a weaker dollar, which makes fuel cheaper for importers using other currencies, but analysts warned that a stronger price rally was premature as a global glut remained in place. U.S. crude futures were trading at $38.64 a barrel at 0749 GMT, up 80 cents and over 2 percent from their last close. Traders said reports that commodity merchant Gunvor was the latest company to export U.S. sweet crude also supported WTI prices. Brent crude futures were at $40.70 a…

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Direct Tax Mop Up at Rs 5.54 Lakh Cr, Indirect at Rs 5.69 Lakh Cr: Government

New Delhi: Government has collected Rs 5,54,179 crore from direct tax as on February 29 and Rs 5,69,056 crore from indirect tax as on January 31 this fiscal, Parliament was informed today. According to revised estimate, Rs 7.52 lakh crore was estimated to come from direct taxes (corporate, and income tax) and another Rs 7.03 lakh crore from indirect taxes (customs, excise and service tax), Minister of State for Finance Jayant Sinha said in a written reply to Lok Sabha. Replying to a separate query, Sinha said in 2015-16 (up to…

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Oil Prices May Have Bottomed, Says IEA

London: Oil prices might have bottomed as production declines in the United States and other non-OPEC producers accelerate and an increase in Iranian supply has been less than dramatic, the International Energy Agency said on Friday. After a spectacular 2015, growth in global demand was slowing – with India and the Middle East being rare pockets of improvement, the IEA said in a monthly report. Growth could slow even further if oil prices kept rising, said the Paris-based IEA, which coordinates energy policies of industrialised nations. Oil prices hit their…

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