Toyota to stop making Camry Hybrid if Indian government does not reduce taxes: MD

Toyota Kirloskar Motors, who recently re-started the production of the Camry Hybrid in India earlier this year. Toyota suspended the production due to increase in tax of the hybrid vehicles, which made the sales go down significantly. Now Toyota MD has commented that the high taxes may affect the future of the vehicle. How is that? The Indian government has imposed a high GST tax rate of 43 percent on the hybrid cars which have increased the prices significantly and the sales have dipped by a considerable number. Toyota sold…

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How Indian Government Is Bridging Finance And Transaction Gaps In MSME Industry

Anita Roddick, a British businesswoman and founder of The Body Shop, once quoted, “If I had learned more about business ahead of time, I would have been shaped into believing that it was only about finances and quality management.” She pins down two key factors that drive business growth for entrepreneurs and understanding of ‘finance’ being the first one. Other growth factors like quality management, strategy, people, operations, risk management, customer centricity etc., may also be relevant. However, in this article, we will focus on the significance of finance and transactions as a…

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Labour Party leader says UK finance sector will be ‘servant of industry’ under Labour government

Britain’s financial sector will be “the servant of industry not the masters of us all” if the opposition Labour Party gets into power, its leader Jeremy Corbyn will say on Tuesday, accusing bankers of taking the economy hostage. Corbyn, a socialist who has won over many voters with his promises to re-nationalize services and increase public spending, has long targeted London’s lucrative financial sector, saying politicians have been in thrall of money makers for too long. In a speech to a manufacturers’ conference, Corbyn will renew his pledge to re-balance Britain’s…

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Insurers playing a cynical game over whiplash as Government mulls reforms

Is George Osborne’s whiplash baby being thrown out with the bath water that disappeared into the Downing Street gutter when Theresa May booted him out of Number 11? That’s not exactly clear.  For those unfamiliar with this story, the former Chancellor came up with the idea of scrapping the payment of general damages for “minor” injuries caused by road traffic accidents such as, you’ve guessed it, whiplash. Victims would still be eligible for compensation for loss of earnings after a smash and would also be offered treatment. But that’s more…

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U.N. proposes options for sending police to Burundi, government OKs 20

United Nations Secretary-General Ban Ki-moon has proposed sending between 20 and 3,000 police to Burundi, where political violence has been simmering for a year, but warned that the government signalled it would only accept 20 unarmed experts. In a report, seen by Reuters on Monday, Ban outlined three possible options for a police deployment to the small landlocked African state as requested by the 15-member U.N. Security Council in a resolution unanimously adopted earlier this month. Tit-for-tat attacks between President Pierre Nkurunziza’s security forces and his opponents have escalated since…

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Government will miss ‘ambitious’ 2020 higher education widening participation targets, report finds

Sean Gallup/Getty Images The Government is on course to miss its own “ambitious” targets for widening participation in higher education (HE) by 2020, according to a recent report. Independent think tank the Social Market Foundation’s (SMF) findings in Widening Participation has also highlighted “significant differences” between institutions’ intake of pupils from disadvantaged backgrounds. The Government has been aiming to double the proportion of pupils from disadvantaged backgrounds going into HE, and also to increase the numbers of students from BME backgrounds by 20 per cent. Despite there being some progress…

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Moderate teachers’ union backs calls for industrial action over Government plan to force schools to become academies

Schools are being lined up ‘in preparation for wholesale privatisation,’ Mark Baker said PA A traditionally moderate teachers’ union has thrown its weight behind calls for industrial action over the Government’s plan to force all schools to become academies. The Association of Teachers and Lecturers voted unanimously in favour of urging its executive to consider action if the Government failed to listen to its opponents and withdraw the plan. The union’s move follows a decision by the National Union of Teachers over the Easter weekend to ballot its members on…

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Teachers consider taking industrial action with junior doctors over Government academy plan

Teachers may take joint action with the junior doctors as part of their campaign against the Government, National Union of Teachers general secretary Christine Blower has said. In her farewell speech to the NUT conference Ms Blower said she had received a letter of support from Yannis Gourtsoyannis of the British Medical Association’s junior doctors’ committee after her union had voted to back a ballot on strike action over the Government’s proposal to turn every state school into an academy. The junior doctors are also in the middle of a…

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Brazil attempts to stop government collapsing by drafting former president into cabinet

Protesters demanded the removal of President Dilma Rousseff at the weekend in Sao Paulo amid a corruption scandal and a deep economic recession Getty Images For the first time in Brazil’s political history, a former president is expected to become a serving minister in a bid to stop the government of Dilma Rousseff collapsing under a mammoth corruption scandal, and stave off the threat of presidential impeachment. The unprecedented move to appoint former President Luiz Inácio Lula da Silva (best known as Lula) to a key ministerial role in President…

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Government visa rules are making Britain a ‘difficult and unattractive’ study destination for international students

Robert Spencer/Getty Images The Government’s “damaging” visa policies are making Britain a “difficult and unattractive” place to study for international students, a new report has warned. According to the findings from the Chartered Association of Business Schools (CABS), last year’s business school student intake from outside the EU “fell sharply” by almost nine per cent. This, in turn, could have a detrimental effect on postgraduate taught programmes – such as the MBA – where 52 per cent of students are international. Despite business and administration courses being among the most popular…

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