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The life in Chennai has literally come to a standstill with broken transport connection, no supply of necessary commodities and much more.

The panel headed by chief economic advisor Arvind Subramanian submitted its report on the Goods and Services Tax recommending a standard rate of 17 to 18 per cent for GST, it said on Friday.

The country lost more jobs than expected in November, with Statistics Canada reporting on Friday a net decline of 35,700 positions in the month.

The report indicates that Fitbit remained the world’s largest wearable manufacturer by units shipped. Xiaomi positioned itself just below Apple in the rankings, being estimated to have shipped 3.7 million wearables during the quarter, an 815% YoY increase. However, this...

Erdogan on Thursday said Turkey had proof Russia was involved in the illegal oil trade with IS, countering “immoral” Russian allegations. “Our hope is that they will give up their baseless claims”.

Early numbers aren’t out yet on how many shoppers headed to stores on Thanksgiving, but it’s expected that more than three times the number of people will venture out to shop on the day after the holiday known as Black Friday. And Wal-Mart’s Steve Bratspies,...

Pfizer and Allergan on Monday announced a merger worth more than $150 billion, creating the world’s biggest drug maker and moving a top American corporate name overseas, at least for tax and legal purposes.

The bank, based in Toronto, said it had earnings of 73 cents per share.

Yellen has said multiple factors – such as rising inflation and declining unemployment – indicate that the USA economy is strong enough to withstand a rate hike.

The restrictions have already caused major disruption to one of the country’s key transport routes and further inspections have identified eight other parts of the bridge where similar problems could occur.

Sales of other VW brands are also down: Seat by 23.83pc, Skoda by 10.98pc and Audi by 4.41pc.

The tree will remain lit from dusk until 11 p.m. each night during the holiday season. One soldier told us he’s looking forward to continuing an old family tradition.

Nichushkin showed his strength when he bulled in on a breakaway and slipped a slick backhand past Vancouver goalie Ryan Miller in the first period to tie the game1-1. After a ideal outlet pass from Alex Goligoski, Sharp used his speed and positioning to walk around two Canucks...

The package announced earlier by ECB President Mario Draghi fell short of expectations and investors were in unforgiving mood. The Standard and Poor’s 500 index fell 29.89 points, or 1.4%, to 2,049.62 and the Nasdaq composite fell 85.70 points, or 1.7%, to 5,037.53.

“Such an abrupt tightening would risk disrupting financial markets and perhaps even inadvertently push the economy into recession”, she said. Doing so would, in turn, raise the risk of upsetting financial markets and pushing the economy into recession.