Online Archives

Issue of 3rd Aug-9th Aug 2018

LEAD ARTICLE

On 1 February 2018, i.e., the day of the Union Budget 2018, finance minister Arun Jaitley announced capital gains tax @10% on long-term capital gains (LTCG) of equity and equity-oriented mutual fund (MF) schemes, starting this financial year. This announcement caused a lot of stir in the...

DIFFERENT STROKES

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At the beginning of 2018, all 17 offices of the insurance ombudsman were headless; even today, nine posts remain vacant.

WHICH WAY

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The market has powered its way to all-time highs and shows no sign of stopping

STOCKS

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Firstsource Solutions Ltd (FSL) is the fourth largest listed business process outsourcing (BPO) player in India
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GMM Pfaudler was incorporated in 1962 as Gujarat Machinery Manufacturers Private Limited (GMML)
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Gujarat State Petronet Limited (GSPL) is part of Gujarat State Petroleum Corporation (GSPC)
Havells India (Havells) is well-known for manufacturing a range of electrical and electronic equipment

LEGALLY SPEAKING

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A few days back, in an informal group discussion on issues affecting consumers, the general refrain was that insurance companies, life and general, are eager to sell insurance but deny claims, on flimsy grounds

INSURANCE

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Sunita, 35, is an accounting professional. Having become self-employed a year ago, she applied for a comprehensive health cover for herself. To her dismay, the insurer rejected her application.

TECHNOLOGY

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Sid, 32, is a digital-marketing geek who writes a weekly blog explaining how to create a successful website, promote content and generate income from it

HEALTH

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A recent clinical trial (Diabetes Remission Clinical Trial - DiRECT), discovered that nearly half of the participants with type-2 diabetes, who followed a weight-loss programme, experienced the remission of their condition within six years of their diagnosis

MONEY FACTS

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The Sensex and the Nifty rose 1% each during the week. ML Mega-cap Index rose 1%. ML Mid-cap Index, ML Large-cap Index and ML Small-cap Index advanced 3% each. ML Micro-cap Index advanced 4%

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