• Budget 2018: Modi government slashes excise duty on petrol and diesel
Budget 2018: Modi government slashes excise duty on petrol and diesel

A sales tax of 30% and 19%, respectively, is levied on petrol and diesel in Karnataka, which is much higher than many states. Value-Added Tax on petrol in Delhi is Rs 15.39 per litre while on diesel it is Rs 9.32. Interestingly, the rate of brent crude oil was around $128 per barrel in September 2013, when the petrol prices in Mumbai had skyroc...

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  • Zuckerberg: Users spending 50 million fewer hours a day on Facebook
Zuckerberg: Users spending 50 million fewer hours a day on Facebook

Facebook's boss argues that it is "encouraging meaningful connections between people rather than passive consumption of content" and that by doing so it will be stronger in the long term. While not all cryptocurrency may be deceptive or harmful, there are just too many bad actors using the promise of digital riches to mislead and defraud unsuspect...

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  • Amazon, Warren Buffett, JPMorgan Chase take on health care
Amazon, Warren Buffett, JPMorgan Chase take on health care

Amazon has always been mentioned by health care analysts and industry executives as a potential new player in the sector. Kate McCarthy, senior analyst at Forrester, says Amazon has a history of innovating and disrupting other industries, and that the company has been eyeing the healthcare sector for some time.

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  • Wynn Resorts shares fall as board investigates allegations
Wynn Resorts shares fall as board investigates allegations

After the Journal report, Wynn Resorts stock shares dropped 10 percent on Nasdaq. "Relevant regulations will be strictly enforced", it said. The state's casino gaming law requires the Gaming Commission to consider the "integrity, honesty, good character and reputation" of all licensees and their major executives, directors and shareholders.

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  • FCA and Waymo Continue Partnership for 2018
FCA and Waymo Continue Partnership for 2018

FCA has delivered 100 of the hybrid minivans specially adapted for autonomous ride sharing in 2016 and previous year delivered an additional 500 vehicles. By the end of 2018, FCAU will start delivering the vehicles integrated with Waymo's self-driving hardware and software. Once they are delivered, these self-driving minivans will be tested...

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  • Pfizer Q4 Results Beat Estimates; Issues Upbeat FY18 Outlook
Pfizer Q4 Results Beat Estimates; Issues Upbeat FY18 Outlook

Analysts had been looking for earnings of 56 cents per share on $13.67 billion in revenue. The return on equity ratio or ROE stands at 16.7 percent while most common profitability ratio return on investment (ROI) was 7.8 percent. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available throug...

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  • Kate Middleton Challenges Prince William to a Swedish Hockey Shoot-Out
Kate Middleton Challenges Prince William to a Swedish Hockey Shoot-Out

After numerous clarifications by Kensington Palace , the hat was finally established to be faux fur, however, the confirmation did not come until after many hours of speculation on social media. While looking at numerous exhibitions, Kate got the chance to try out one designer's chair. No stranger to royal tours, Kate has become the master o...

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  • Thomson Reuters to companion with CPPIB, Blackstone and GIC in $25B deal
Thomson Reuters to companion with CPPIB, Blackstone and GIC in $25B deal

The new partnership will be managed by a 10 person board composed of five representatives from Blackstone and four from Thomson Reuters . Thomson Reuters has confirmed the discussions but has not commented beyond that. "We believe F&R is well positioned within Thomson Reuters, but it could be even stronger with a partner like Blackstone". Unde...

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  • Pierre Agnes: Quiksilver surfwear boss missing at sea
Pierre Agnes: Quiksilver surfwear boss missing at sea

The Frenchman's boat has since washed up, unmanned, at famed surfing hotspot Hossegor . The region is known for having occasional unsafe waves. A search is on in southwest France for Pierre Agnes , the 54-year-old CEO of the surf brand Boardriders-formerly Quiksilver-who is presumed lost at sea.

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  • United says no to emotional support peacock
United says no to emotional support peacock

Finally an answer to the age-old question: Can peacocks fly? This incident is the latest version of a growing issue for airlines; people bringing emotional service animals on board. Emotional support animals are allowed to fly for free on United with the proper documentation. "That just happened, what the hell NY", the woman adds (although New...

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  • EasyJet share price: CEO asks for pay cut to match predecessor
EasyJet share price: CEO asks for pay cut to match predecessor

Lundgren, who assumed post in December with an annual salary of 740,000 pounds (843,000 euros), will charge 34,000 pounds (39,000 euros) a year less, to equate his salary to that of his predecessor in office, Carolyn McCall. Only 5 percent of easyJet's pilots are women, but the airline is looking to hire women for 20 percent of its new pilot jobs b...

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  • Russian Para Athletes to Participate in PyeongChang
Russian Para Athletes to Participate in PyeongChang

The Canadian Paralympic Committee supported the IPC's decision. "In making this decision therefore, the IPC has done everything within its power to give clean Russian athletes the opportunity to qualify for Pyeongchang 2018". "We have also witnessed behavioural and cultural changes". The IPC said its governing board chose to maintain the suspen...

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  • Floodwaters along swollen Seine peak in Paris, threaten Normandy
Floodwaters along swollen Seine peak in Paris, threaten Normandy

Floodwaters were nearing their peak in Paris on Saturday, with the rain-swollen Seine River engulfing scenic quays and threatening wine cellars and museum basements. Flooding has disrupted some metro and train services in the city, and some walkways and roads near the river are closed. And the waters are expected to stay unusually high for da...

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  • Trump Expresses Support For Strong Dollar, US May Rejoin TPP
Trump Expresses Support For Strong Dollar, US May Rejoin TPP

The U.S. dollar index plummeted 1 percent on Wednesday and settled at its lowest level since late 2014 after Mnuchin appeared to welcome a weaker U.S. In the long run, he reiterated that a stronger dollar "is a sign of the economic success of the U.S". "Mnuchin's comments have kicked-started a debate about the end of the strong dollar polic...

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  • Japanese crypto exchange firm gets a slap on the wrist
Japanese crypto exchange firm gets a slap on the wrist

Coincheck will refund all of the roughly 260,000 NEM holders in yen, the company said in a statement on Sunday. After the breach was discovered on Friday, the company froze deposits and withdrawals for all cryptocurrencies except Bitcoin as it assessed its losses in NEM, a lesser-known currency.

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  • Dr Pepper Snapple Group (DPS) Stock Rating Reaffirmed by Jefferies Group
Dr Pepper Snapple Group (DPS) Stock Rating Reaffirmed by Jefferies Group

Plus, DPS stock gaps higher on buyout buzz; iPhone X production woes weigh on Apple; and Seagate set for new highs. There are many factors at play when looking to successfully conquer the stock market. After $0.54 actual EPS reported by Apollo Commercial Real Estate Finance, Inc. for the previous quarter, Wall Street now forecasts -29.63% neg...

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  • Trump's nationwide safety group is contemplating nationalizing a super-fast 5G community
Trump's nationwide safety group is contemplating nationalizing a super-fast 5G community

Major wireless carriers have spent billions of dollars buying spectrum to launch 5G networks, and it is unclear if the US government would have enough spectrum to build its own 5G network. Instead, Pai said the USA government should make wireless airwaves, known as spectrum, more available for commercial carriers like AT&T and Verizon to deploy 5...

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  • How to Watch Duke vs Virginia Online Without Cable
How to Watch Duke vs Virginia Online Without Cable

So we'd have two spots left at that point, and though there are technically still 11 teams alive for it, here's who I think is in the mix and who's out of it. MEMPHIS, Tenn. (AP) - Gary Clark had 18 points and nine rebounds, Jacob Evans added 14 points and Cincinnati beat Memphis for its 12th straight victory.

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  • United States stocks close mixed after earnings reports
United States stocks close mixed after earnings reports

Intel's shares surged as high as $50.15, their highest level since October 2000, and closed up 10.55 per cent at $50.08 after results indicated that the chipmaker's shift to higher-margin data-center business was working. World equity markets have rallied over the past year, buoyed by a synchronized uptick in global economic growth in a boon to cor...

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  • Crude Oil Rally Fizzles As Trump Talks Up Dollar
Crude Oil Rally Fizzles As Trump Talks Up Dollar

ET. That put total inventories at 411.6 million barrels, the lowest since February 2015. USA crude inventories C-STK-T-EIA fell 1.1 million barrels in the week to January 19, to 411.58 million barrels, the Energy Information Administration (EIA) said on Wednesday.

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