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India needs corporate tax in line with global levels: FM

NEW DELHI (Reuters) – India should have a tax on company profits that is more consistently applied than it is now and should bring down its effective rate to global levels, Finance Minister Arun Jaitley said on Friday. …read more Source: Reuters Category: topNews     

India sets April-June oil subsidy rules, no discounts if oil below $60

NEW DELHI (Reuters) – Oil ministry has set interim rules that exempt state-run upstream companies from giving any discount on crude and refined fuel sales if global oil prices average up to $60 a barrel this quarter, two sources with direct knowledge of the matter said. …read more Source: Reuters

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Islamic State says it has full control of Syria’s Palmyra

BEIRUT (Reuters) – Islamic State fighters tightened their grip on the historic Syrian city of Palmyra on Thursday and overran Iraqi government defences east of Ramadi, the provincial capital that they seized five days earlier. …read more Source: Reuters Category: topNews     

Greek official says ‘closer to a deal’ after Riga talks

RIGA (Reuters) – Talks between the leaders of Greece, Germany and France brought Athens closer to a settlement with its creditors, a Greek government official said on Friday, adding that differences remained on familiar issues. …read more Source: Reuters Category: topNews     

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