May 20, 2013
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Mauritius has gone `extra mile` for India tax treaty: Minister
Hopeful of reaching an agreement soon on the long-pending revision of tax treaty with India, Mauritius says it has gone `extra mile` to ensure that the pact does not get misused for illicit activities like money laundering and round-tripping of funds.
US consumer prices dip 0.4% in April
The US consumer price index dropped 0.4 percent in April, bring the 12-month inflation rate down to 1.1 percent, the Bureau of Labor Statistics said Thursday.
Mauritius says its banking rules don't allow money laundering
Dismissing the perception of Mauritius being a route for round-tripping and laundering of black money to and from India, the country's banking industry body says that the laws governing its banks are too stringent to be abused for illicit activities.
RBS to cut 1,400 jobs over next two years
The Royal Bank of Scotland (RBS) has that it will cut 1,400 jobs over the next two years as part of plans to restructure its retail head office operations in Britain, a media report said.
China, India to be largest investors among developing nations
The report said that China will account 30% while Brazil, India and Russia together will account for another 13 percent of global investment in 2030.
Vikram Pandit to buy stake in JM Financial, to lead its banking foray
Beginning a new innings, former Citigroup chief Vikram Pandit will spearhead Nimesh Kampani- led JM Financial's proposed banking venture and will also make a strategic investment in the financial services group.
Amazon pays mere 2.4 mn pounds tax on 4.3 bn pounds sales
Amazon's UK subsidiary has paid 2.4 million pounds as corporate tax as it earned sales worth 4.3 billion pounds last year.
'Bilateral trade with Canada may touch $15 bn by 2015'
India's bilateral trade with Canada is expected to grow to USD 15 billion by 2015 from the present USD 5.8 billion, Canadian Consul General Richard Bale said here Thursday.
China promises to address trade deficit ahead of Li's visit
During Li's visit the two countries will hold the China-India CEO forum meeting and the China-India cooperation summit, he said.
Eurozone, EU economies contract in Q1
GDP contracted 1 percent in the Eurozone and 0.70 percent in the EU during the first quarter, compared to the same period in 2012.
Stock markets may see consolidation; SBI, L&T results this week
DGH rejects RIL offer to confirm gas discoveries in KG-D6
Cobrapost: NABARD chief gives clean chit to co-operative banks
RBI likely to cut policy rates at its June 17 meeting: Experts
Indians more willing to share personal information than others: Study
Gold price today: Latest updates
HTC One M7 appears online at Rs 42,900
I-T Dept slaps Rs 582 cr tax demand notice on Infosys
Walmart lobbying case in India closed: Report
Google Glass` privacy safeguards questioned in US
Chevrolet Enjoy launched in India
Sensex tanks 430 points
Sony Xperia L
Nokia Asha 210
Shanghai Auto Show
Nokia Lumia 720
Chevrolet Enjoy launched in India
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