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Economy poised to hit high growth path, says mid-year review
The Indian economy is well on course to return to high growth trajectory. But this broad-based recovery is likely to be accompanied by somewhat higher inflation, mainly on account of food price rise, the Government's Mid-Year Review 2009-10 ...
Sun Pharma fires next salvo against Taro
Sun Pharma has written to Taro Pharmaceutical's shareholders urging them to vote against the election of Taro's proposed board of directors at the latter's annual meet scheduled for ...
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To discuss macro issues: ...
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Retail investors shun market for most of 2009
Economic woes take sheen off IPOs, equity funds. Retail investors have taken out over Rs 14,000 crore from the secondary market this year and have left half the initial public ...
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Ratan Tata demands level field in 3G spectrum allocation
‘All successful bidders should be given air waves simultaneously'. Adding a new twist to the ongoing parleys over third generation spectrum, Mr Ratan Tata, Chairman of the Tata Group, has written to a top Government functionary saying that ...
`Home loan rates unlikely to move up'
Home loan interest rates are unlikely to move up even if the Reserve Bank of India hikes the cash reserve ratio (CRR) as there is ample liquidity in the system, said Mr Keki Mistry, Vice-Chairman and CEO, ...
Tata Sky turns teacher, starts spoken English lessons
Channel ties up with British Council. Mothers, who are ignored by their English speaking children, need not ...
Wheat sowing trails in Punjab, Haryana, Rajasthan
Rabi plantings in most States barring M.P., U.P. lacklustre. Even as overall coverage is up five lakh hectares (lh) this year, sowing of wheat continues to trail in the high-yielding belt of Punjab, Haryana ...
Power project promoters keep away from overseas borrowing
Favour domestic credit due to fixed rate terms. Power project promoters continue to shy away from External Commercial Borrowings, despite the low rates, fearing interest ...
RBI in ‘exit' mode
All discussions about the economy right now centre around if and when the government should exit from its stimulus. While the major levers of monetary policy such as a hike in Cash Reserve Ratio, policy rate hike (repo and reverse repo), ...
Accounting changes inflated Rlys' cash surplus: Mamata
Minister presents white paper in Parliament. Mr Lalu Prasad, the former Railway Minister, took a less than rigorous approach to the Railways accounts. This is the burden of the song sung by the current Railway Minister, Ms Mamata Banerjee, who ...
Moving goods by container trains may become costlier
Rlys to hike haulage charges by 3-8%; operators oppose move. Moving goods by container trains might get more expensive in 2010. The Indian Railways has decided to increase haulage charges for container train operators by 3-8 per cent with effect ...
A year of reforms for the MF industry
The process of change has been challenging. In many respects, 2009 will be remembered as a watershed year for Indian ...
H-1B applications just 800 short of fiscal 2010 cap
Recent spurt in demand follows signs of revival in US. The United States has received 64,200 H-1B visa applications – just 800 short of the 65,000 cap stipulated for the fiscal year 2010. Although the demand for H-1B visas had been ...
Rains relent as south-west Bay of Bengal cools down
Heavy rains have relented over coastal Tamil Nadu after the convective activity over southwest Bay of Bengal ...
Markets this week(Latest Audio:English)
Led by a 24.70 per cent spurt in prices of manufactured food products (such as sugar, coffee and skimmed milk powder), the country's wholesale price index (WPI)-based inflation rose by a faster-than-expected 4.78 per cent in ...
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