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Serial blasts rock commercial areas in Capital, 18 dead
Indian Mujahideen claims responsibility; alert sounded in Mumbai. New Delhi, Sept. 13 The national Capital was on Saturday evening rocked by a series of blasts, killing 18 people and injuring over 75. The explosions, five of them within a ...
DoT eases roll-out obligation for WiMax players
Revises coverage condition from 25% of rural areas in 2 years to 50% in 5 years. New Delhi, Sept. 13 At a time when the broadband penetration is growing at a dismal pace, the Government has relaxed the rural roll-out obligation for wireless ...
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A scene at the bla...
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Time for a real(i)ty check
If there is one sector that has been incessantly beaten down by the stock market for every macro-economic concern in the country over the past year, it has to be real estate. And not without reason. Be it rising inflation, increased costs of ...
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Importers of restricted items need to specify port upfront
New Delhi, Sept. 13 In a bid to ensure better monitoring of imports of restricted items, the Government has now required importers to specify upfront the port through which the import of such items would take place. ...
Excise collections record sluggish growth in Aug
New Delhi, Sept. 13 Excise duty revenues continue to be a bugbear for the Government, with collections in August recording a meagre growth of 1.2 per cent, lower than the 9 per cent year-on-year growth registered in August last year. ...
‘Govt cannot return more than 70 acres from Nano plant site’
Bengal to make public details of revised compensation package. Kolkata, Sept. 13 Uncertainty looms large over the future of the Tata Motors Nano plant in Singur with the ruling Left Front stating emphatically that it would not be possible for ...
Index Outlook
Indian equities barely reacted to the news of Nuclear Suppliers Group lifting the embargo on trade with India, nor were they impressed by the decline of crude prices, that had been their principal tormenter this year, to $100. Instead, they ...
Buy Gold ETFs
Looking for an investment option that will perform well when stocks don’t? Gold fulfils this role admirably. Low historic correlation with the Sensex and long-term returns that beat inflation are the key reasons for an Indian investor to ...
Of markets and selective amnesia
Does the letter ‘R’ turn silent whenever you read the word ‘brokeR’? Fretting that you put a chunk of your hard-earned money into the stock market around its peak? Sulking at the fate of your very first ill-timed ...
Fertiliser subsidy: Most payouts marked for urea importers
Bills of some domestic manufacturers pending for over 4 months. New Delhi, Sept. 13 Majority of the fertiliser subsidy disbursed in cash out of the Rs 22,000 crore corpus announced by the Union Government three weeks ago in August 20 has gone ...
Rains to keep monsoon withdrawal at bay
Thiruvananthapuram, Sept 13 It is becoming increasingly clear that the monsoon would force another round of wet weather spanning almost the whole of the country except the southern peninsula. ...
Exporters hope to reap benefits of weak rupee
Expect to offset some losses; rising input costs still a worry. Coimbatore, Sept. 13 Little did Mr Deepak Shah, Chairman, South India Tea Exporters Association, or Mr V. Kumar, President, Karur Exporters Association, expect the rupee to cross ...
Weekly News Round-up(Latest Audio:English)
The Employees Provident Fund Organisation, which appointed three new private sector fund managers in August, has postponed transfer of funds to the newly appointed fund managers. Senior EPFO officials told Business Line that they had been trying ...
Educomp: Hold
Shareholders in Educomp Solutions, an education solutions provider, can stay invested with a one-two year horizon considering the company’s strong growth prospects in digital content and product licensing to private schools and strong ...
Bannari Amman Sugars: Buy
The sugar cycle is on the verge of an upturn, with the sharp contraction in sugarcane acreage pointing to lower sugar output and tighter supply over the next couple of years. With sugar prices already beginning their ascent, producers can look ...
Shree Cement: Buy
The sharp de-rating of cement stocks, due to concerns about limited pricing power, has trimmed valuations for producers such as Shree Cement. ...
ICICI Prudential Indo Asian Equity: Hold
Diversification within an asset class can minimise risk for equity investors and with the Indian market entering turbulent times, funds that invest in stocks outside India help tide over market volatility and insulate themselves against purely ...
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