Finance Minister Arun Jaitley's plan to launch a new national sales tax next April got a jolt on Saturday after a two-day meeting with state officials ended without the resolution of a deadlock on who would administer the tax.
In the coming week, stocks will remain volatile and also start building in expectations from the upcoming RBI and Fed rate decisions. The Nifty should continue to trade in the 8,000-8,200 range with temporary aberrations on either side. However, I do not rule out a panic bottom of 7,800. But that should be utilised as an opportunity to buy, especially for long-term investors.
Syrian rebel groups have told the United States they will not leave Aleppo after Moscow called for talks with Washington over a full withdrawal of rebel fighters from the city's besieged eastern districts, a rebel official said on Sunday.
Apple Inc is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on U.S. regulators not to restrict testing of such vehicles.
As protesters march through Gwanghwamun Square in downtown Seoul, the centre stage of huge weekly demonstrations calling for South Korean President Park Geun-hye to step down, nearby restaurants hustle to prepare for a busy night.