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BUSINESS NEWS CATEGORIES 

Tax cut aimed at attracting investment, generating jobs:FM

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Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday said the government’s decision to reduce corporate tax rate was aimed at attracting investment and creating jobs.The government’s decision was also necessary to attract investment from multi-national companies, which are wanting to shift operations from China in view of ongoing Sino-US trade war, she said while moving the Taxation Laws (Amendment) Bill, 2019 for consideration and passage.The Bill seeks to replace the Ordinance which was promulgated by the President in September.The government through the ordinance reduced the corporate tax rate…

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LEGAL NEWS NEWS CATEGORIES 

Muslim party seeks review of Ayodhya verdict, says Babri be rebuilt for complete justice

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A plea seeking review of the verdict which cleared the way for construction of a Ram Temple at the disputed site in Ayodhya was filed in the Supreme Court on Monday stating that “complete justice” could only be done by directing reconstruction of Babri Masjid.A 5-judge bench, headed by the then Chief Justice Ranjan Gogoi, had in a unanimous verdict on November 9 decreed the entire 2.77 acre disputed land in favour of deity ‘Ram Lalla’ and also directed the Centre to allot a 5-acre plot to Sunni Waqf Board…

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NATIONAL NEWS NEWS CATEGORIES 

Shah sets 2024 deadline for NRC, says all infiltrators to be expelled by then

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BJP chief Amit Shah on Monday set a 2024 deadline for implementing the hugely divisive NRC across the country, asserting “each and every” infiltrator will be identified and expelled before the next general election.Notwithstanding the admission by some BJP leaders in West Bengal that apprehensions over the NRC had cost the party dearly in the recent bypolls there, the Union Home Minister told poll rallies in neighbouring Jharkhand that the nation- wide exercise will be conducted despite reservations voiced by opposition parties.”Today, I want to tell you that before the…

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NEWS CATEGORIES SPORTS 

Warner, Labuschagne smack centuries in day-night Pakistan Test

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David Warner and Marnus Labuschagne both plundered back-to-back centuries as Australia stamped their authority on the opening day of the day-night second Test in Adelaide Friday.At the close on a rain-interrupted day, the home team were a dominant 302 for one with the pair building an ominous 294-run partnership, leaving Pakistan with a huge battle to stay in touch.Warner was not out 166 and Labuschagne unbeaten on 126, following on from their 154 and 185 respectively in the first Test at Brisbane. Their Adelaide partnership was the highest ever in…

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NEWS CATEGORIES WORLD NEWS 

Johnson seeks to focus UK election on Brexit, not his flaws

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Prime Minister Boris Johnson struggled Friday to move Britain’s election debate away from questions about his character and onto Brexit, promising to bolster protection for British businesses and farmers once the country has left the European Union.Johnson tried to brush aside criticism of his past comments about single mothers and his current refusal to submit to the same amount of televised scrutiny as other party leaders.At a news conference, Johnson claimed Brexit had been “delayed, diluted, denied” by obstructive politicians.He said that if the Conservatives won the December 12 election…

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ENTERTAINMENT NEWS CATEGORIES 

‘The Simpsons’ has no plans to end: showrunner Al Jean

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 Al Jean, the showrunner of long-running animated sitcom “The Simpsons”, has denied that the show is coming to an end.His response came after Danny Elfman, the composer behind the show’s iconic opening theme, said he has heard rumours that the show could be “in its last year”. Jean, however, said the show will continue to live on, post its season 32, which will come out next year.“No disrespect to Mr. Elfman but we are producing season 32 starting next year and have no plans to end after that,” the showrunner…

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BUSINESS NEWS CATEGORIES 

India’s economic growth sputters to 4.5%, weakest in more than six years

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India’s second quarter GDP growth slowed sharply to 4.5 per cent, the weakest pace in more than six years, as manufacturing output hit a slump and consumer demand as well as private investment weakened.The Gross Domestic Product (GDP) expansion rate moderated from 5 per cent recorded in April-June 2019 and is much weaker than the 7 per cent growth registered in July-September 2018, according to official data released Friday.The major factor in the GDP fall was manufacturing contracting by 1 per cent. A separate data showed core infrastructure industries’ output…

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NATIONAL NEWS NEWS CATEGORIES 

40-45 pc unauthorised colonies won’t be regularised, blame Central notification: Delhi Cong

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Delhi Congress leader Arvinder Lovely alleged on Friday that nearly 40-45 per cent unauthorised colonies in the national capital will not be regularised due to a notification issued by the BJP-ruled Centre.The Narendra Modi government got a bill passed in the Lok Sabha to regularise 1,731 unauthorised colonies, but 40-45 per cent of them cannot be regularised as they are near the Yamuna riverbed or historical monuments, Lovely claimed.Regularisation of these colonies was barred according to a notification issued by the Centre last month, he said at a press conference.”Around…

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LEGAL NEWS NEWS CATEGORIES 

SC releases new roster, PILs to be heard by CJI and 3 senior most judges

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The Supreme Court has released a new roster of work saying that PILs would now be heard by Chief Justice of India S A Bobde and three other senior most judges of the apex court.In the roster of allocation of work that took effect from November 26, CJI Bobde has kept Public Interest Litigations and letter petitions to himself along with Justices N V Ramana, Arun Mishra and R F Nariman. The new roster is slightly different from the last time when the outgoing CJI Ranjan Gogoi had kept PIL…

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BUSINESS NEWS CATEGORIES 

Rupee rises 10 paise to 71.40 against USD in early trade

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The Indian rupee appreciated by 10 paise to 71.40 against the US dollar in early trade on Wednesday as positive opening in domestic equities and sustained foreign fund inflows strengthened investor sentiments. Forex traders said easing crude oil prices also supported the domestic unit. At the interbank foreign exchange the rupee opened at 71.43, then gathered momentum and touched 71.40 against the US dollar, registering a rise of 10 paise over its previous close. On Tuesday, rupee had settled for the day at 71.50 against the US dollar. The domestic…

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