UpFront
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Stock markets gain momentum on govt's economic measures
Banking, housing finance shares gain most after Finance Minister Nirmala Sitharaman's key announcements, which included withdrawal of surcharge on FPI, immediate Rs 70,000 crore recapitalisation for public sector banks
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Marriott and Hilton sued over 'Resort Fees,' longtime bane for travellers
Travellers searching for lodging, whether on hotel websites or separate travel portals, typically are not made aware of resort fees until after they have clicked past the initial search results page and have started booking
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Trump sends mixed signals on China at G-7
Early on Sunday, Trump said to reporters he could have second thoughts on the China tariffs; but hours later, the White House press secretary said his "answer has been greatly misinterpreted"
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Startup founders cheer withdrawal of Angel Tax; say decision will boost ecosystem
Angel tax has long been seen as a bane for early-stage startups and its investors; withdrawal raises hopes for additional measures from the government to help Indian tech startups
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Linking repo rates to lending rates may cause asset-liability mismatch
The RBI wants the repo rate to be the external and preferred benchmark for banks to follow for their lending rates for new loans, but banking experts fear a mismatch considering that the repo rate is a short-term borrowing rate
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Auto sector hopes for a sop opera
Battling slowdown, automakers feel GST rate cut will improve sentiment
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RIP Arun Jaitley: Five facts about the former Finance Minister and BJP stalwart
Jaitley passed away from a prolonged illness at AIIMS in New Delhi earlier today. He was 66
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Ten interesting things we read this week
Some of the most fascinating topics covered this week are: Business (Know your country; WeWork IPO; Separation of platforms and commerce), Technology (How AI will change the way you manage money), Sports (Man on his horse), Neuroscience (Will we ever control the world with our minds?), and Politics (How the views of a few can determine a country's fate)
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How to rebound after a disaster: Move, don't rebuild, research suggests
A new paper makes a case that, sometimes, retreating from nature instead of fighting it can actually open up new opportunities for communities. "You're in a fight with the ocean. You're fighting to hold the ocean in place. Maybe that's not the battle we want to pick."
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Lakme Fashion Week has become a digital platform: Jaspreet Chandok
As LFW completes two decades, the vice president and head (fashion) at IMG Reliance, which organises the event, says a host of innovations are in store in the coming months