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Centre ups GDP estimate to 9%
Robust farm growth offsets slowdown in manufacturing
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Average income is Rs 33,299
Since the start of this century, the per capita income of Indians has doubled. For 2007-08, the country’s per capita net national product (NNP) at factor cost -- what is commonly called per capita income – is estimated at Rs ...
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Central PSU chiefs set for hefty pay hike
Panel draws up new wage structure for executive-level staff; Govt decision likely by year-end
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BSNL public issue caught in DoT-unions cross talk
Differing reports on Thursday’s talks between Minister and union leaders
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Off-balance sheet exposures deemed as credit
RBI tightens prudential norms for derivative deals
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Fuel price issue moves to political plane
New Delhi, May 30 Even while debating ways to grapple with the inflation blues, the political leadership of the UPA Government has another task on hand – of formalising a compensation package for the public sector oil marketing companies ...
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Costlier fruit, milk drive up inflation rate to 8.10%
Wholesale Price Index of all commodities at 229.6
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New airport woes: They happen elsewhere too
If anyone presumed that newbie airports only in India send the shivers up the back of air travellers, perish the thought. Hyderabad’s Rajiv Gandhi International that opened in March and Bengaluru that is barely a week into ...
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Norms tightened for bank investments in associates
Mumbai, May 30 Banks that have subsidiaries or associates will now have to reserve more capital, according to an RBI circular.“The investments of a bank in the equity as well as non-equity capital instruments issued by a ...
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‘Hold the price line to help weather inflation storm’
New Delhi, May 30 The Finance Minister, Mr P. Chidambaram, on Friday asked captains of industry to resist the temptation to exploit short term supply-demand mismatches or short term price opportunities and appealed to them to hold the price ...
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SEBI amendments to FII norms to discourage sub-accounts
Mumbai, May 30 SEBI’s amendments to its FII regulations, which were notified on May 22, are in essence meant to discourage sub accounts and tighten conditions for issuance of Offshore Derivative Instruments (ODIs) , while encouraging ...
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Taro spat: ‘Sun Pharma on a strong wicket’
“We are on a strong wicket to complete the acquisition,” said Mr Dilip Shanghvi, Sun Pharma’s Chairman and Managing Director, in his prelude to a discussion with analysts on the company’s financial performance. ...
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Information technology stocks regain glory on strong dollar
BSE IT index outpaces Sensex; Satyam hits 52-week high
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Reliance Power turns weak on ex-bonus
Despite bonus, it’s still negative for investors
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Forex reserves surge $2.09 billion
Mumbai, May 30 The country’s foreign exchange reserves surged by $2.090 billion to touch $316.17 billion for the week ended May 23.This is the third consecutive week that the forex reserves have seen an increase. In these three ...
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Weekly Market Round-up
The Sensex continued its losing streak Monday on global weakness and opened down by 172 points at 16,468. Selling was seen across the board on concern over crude oil price, further rise in inflation and hardening interest rates outlook. ...
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