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India Inc sees room for more rate cuts by RBI as inflation rises

India Inc said on Monday there is room for further rate cut by the Reserve Bank of India to boost investments from private sector and revive industrial growth, as wholesale inflation rose to 1.88% in July. “Given the trend and outlook for inflation, we see clear space for a more accommodative stance in the monetary policy. This is all the more important given the state of industrial sector where growth is anaemic. “Private sector investments continue to remain weak which is key concern for now. We look forward to a…

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Shell plans 400 job cuts at Dutch projects and technology department

 Royal Dutch Shell Plc plans to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations, as the oil giant shifts its business model in response to lower oil prices, according to an internal document seen by Reuters. The world’s second-largest oil company by market capitalization said in a statement responding to questions from Reuters that “approximately 400 (staff) are potentially at risk of redundancy during the last quarter of 2017/first half of 2018”. That represents around a quarter of the roles at…

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Tax Cuts, Lending Upticks Make Small Business Headlines

Small businesses got some welcome news this week — in the form of President Donald Trump’s proposed tax cuts. In addition, a recent report suggests that small business loans at institutional lenders and small banks are on the rise. You can read about these news items and more in this week’s Small Business Trends news and information roundup. Finance Small Businesses Big Winners in Proposed Trump Tax Cuts Historic tax cuts for American small businesses could be just around the corner. In an announcement at the White House today, Treasury…

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A Diet That Lowers BP and Cuts Risk of Kidney Disease Too

A diet high in nuts and legumes, low-fat dairy, whole grains, fruits, and vegetables and low in red and processed meat, sugar-sweetened beverages and sodium may not only lower blood pressure but also reduce the risk of developing chronic kidney disease, says a study. This diet, known as DASH for Dietary Approaches to Stop Hypertension, was designed primarily to reduce blood pressure. “In addition to offering other health benefits, consuming a DASH-style diet could help reduce the risk of developing kidney disease,” said study leader Casey Rebholz, Assistant Professor at…

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Early Bedtime for Preschoolers Cuts Obesity Risk Later

PhotoCredit:istock Preschoolers who are regularly in bed by 8 p.m., are far less likely to become obese teenagers than young children who go to sleep later in the night, a new research has found. According to the research published in the Journal of Pediatrics, bedtimes after 9 p.m. appeared to double the likelihood of obesity later in life. “For parents, this reinforces the importance of establishing a bedtime routine,” said Sarah Anderson, associate professor at the Ohio State University College of Public Health. Obesity can set kids up for a…

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