INDUSTRY & ECONOMY
NRIS
Andhra Bank cuts NRE rates
Andhra Bank has revised the interest rates on Non-Resident (External) Rupee Accounts (NRE Accounts) term deposits effective from February 1. The interest rates offered on different maturity periods are: For one year and less than ...
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SOCIAL SECURITY
EPF: Why investing in equity makes sense
What joy do people get in keeping others poor? That should be the question placed before the Central Board of Trustees who, on January 27, rejected the Finance Ministry's proposal to invest 5 per cent of the Employees' Provident Fund (EPF) money ...
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ECONOMY
PM firm on reining in inflation
`Economic growth may hit 9% this fiscal'
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China faces food prices driven inflation
It raises the risk of faster moves in Chinese currency
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`A comprehensive shift to inflation management'
"Controlling inflation and getting it back within the target range of 5-5.5 per cent is a bigger challenge today for the regulator than it has been anytime in the past 3 years."
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US growth fears may be receding
`Weakest sectors of the economy picking up steam'
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INFRASTRUCTURE
Spice park to come up in Guntur, pepper park in Kerala
The Spices Board will set up a Spices Park in Guntur, Andhra Pradesh, and a Pepper Park in Kerala, according to the Union Minister of State for Commerce, Mr Jairam Ramesh. Announcing this here on Saturday, the Minister asked the Andhra Pradesh ...
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PETROLEUM
India, Yemen ink pact on cooperation in oil sector
To aid in standardising bidding system for exploration blocks
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PHARMACEUTICALS
CPI (M) urges Govt to fight Novartis patent challenge
The CPI (M) has urged the Union Government to fight against Novartis' challenge of the Indian Patent Act. The Swiss pharma giant's plea, which is now being heard at the Madras High Court, has strongly been criticised by NGOs across the ...
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REAL ESTATE & CONSTRUCTION
SVP Group to develop Ghaziabad mall
Real estate player SVP Group plans to develop a mall - The Opulent - in Ghaziabad. Worth Rs 160 crore and spread over an area of 2 lakh sq.ft., it will comprise three shopping levels and one entertainment level. It will have ...
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SOCIETY & DEVELOPMENT
Yunus stresses on social stock exchanges
"We need social stock exchanges and social companies, which will invest in social causes like providing safe drinking water, caring for the street children and educating young girls. Only by these means we can reduce poverty globally," Prof ...
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TOURISM
Gold Coast Tourism sets sights on Indian tourists
Gold Coast Tourism Corporation Ltd (GCTC), located in Queensland, Australia, has set its sights on the travelling Indian. GCTC has spent a year analysing the Indian market, said the CEO, Mr Pavan Bhatia, and will be committing AUS $1 million a ...
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