US defence firms want control over technology in Make in India plan

US defence firms want control over technology in Make in India plan

US defence firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won’t have to part with proprietary technology, according to a business lobby group’s letter to India’s defence minister....
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Arun Jaitley lists three gains from demonetisation

Arun Jaitley lists three gains from demonetisation

Increase in volume of digital transactions, widening of tax base and squeezed circulation of high denomination currency were the real measures of success of demonetisation, finance minister Arun Jaitley said on Monday. The success of the November 2016 note ba...
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Digital payment bound to pick up with new technology: Jaitley

Digital payment bound to pick up with new technology: Jaitley

Finance minister Arun Jaitley on Monday expressed hope that digital payment is going to pick up momentum with more advanced technology coming into the market. A lot of people went in for digitisation in terms of mode of payment more...
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Centre eyes cuts in spending as glitches in GST hit revenue

Centre eyes cuts in spending as glitches in GST hit revenue

India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government’s budget calculations, two finance ministry officials said. Tax receipts were about...
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Asia shares fall after North Korea’s latest missile launch

Asia shares fall after North Korea’s latest missile launch

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Chinese bitcoin exchange announces it is ending trading

Chinese bitcoin exchange announces it is ending trading

One of China’s biggest bitcoin exchanges says it will end trading after news reports regulators have ordered all Chinese exchanges to close caused the price of the digital currency to plunge. BTC China said on its website it will “stop...
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