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  • bankers see bonds softening to under 9 on liquidity infusion

    Bankers see bonds softening to under 9% on liquidity infusion

    November 17, 2013 16:38 IST

    Mumbai: Yield on the 10-year government bond is likely to soften below 9 percent on hope that Reserve Bank will conduct more open market operations to improve the liquidity condition, say bankers.Last week, RBI Governor

  • epfo to pay at least 8.5 interest this fiscal

    EPFO to pay at least 8.5% interest this fiscal

    November 17, 2013 16:17 IST

    New Delhi: Retirement fund body EPFO will pay at least 8.5 per cent rate of return on PF deposits for 2013-14 to its over 5 crore subscribers as provided in the previous fiscal and the

  • lic beats pvt sector insurers in h1 premium collection

    LIC beats pvt sector insurers in H1 premium collection

    November 17, 2013 16:00 IST

    New Delhi: Life Insurance Corporation has outperformed its peers in the private sector by recording a 7.26 per cent growth in premium collection during the first half of the current fiscal.Several large private sector insurance

  • dop floats tender for sale of domestic gold coins

    DoP floats tender for sale of domestic gold coins

    November 17, 2013 15:56 IST

    New Delhi: Amidst government taking measures to discourage gold consumption, the Department of Posts has floated a tender for sale of gold coins category through about 1,000 post offices.“Tenders are invited on behalf of the

  • no single data point to determine rbi s next move says

    No single data point to determine RBI's next move, says Raghuram Rajan

    November 16, 2013 20:37 IST

    New Delhi: Reserve Bank Governor Raghuram Rajan today said no single data point will determine the central bank's next move on curtailing high inflation amidst a weak economy, even as he hoped that a good

  • fundamentals of india are strong indra nooyi

    Fundamentals of India are strong: Indra Nooyi

    November 15, 2013 21:47 IST

    Mumbai: Expressing faith in the India growth story, PepsiCo Chairperson and Chief Executive Indra Nooyi today said she doesn't see any reason why it should lose sheen when fundamentals are strong."The fundamentals of our country

  • india s real estate sector to need usd 257 bn by 2015 report

    India's real estate sector to need USD 257 bn by 2015: Report

    November 15, 2013 21:32 IST

    Mumbai: The real estate sector in the country would need an investment of USD 257 billion by 2015, including Economic Weaker Section (EWS) housing, of which residential real estate alone would require USD 29 billion,

  • sebi chairman asks corporates to follow regulations in toto

    Sebi chairman asks corporates to follow regulations in toto

    November 15, 2013 20:24 IST

    Mumbai: Markets watchdog Securities and Exchange Board of India (Sebi) called for implementing regulations both in letter and spirit today, saying that its three growth mantras are “transparency, accountability and minority principle.”Addressing the CII national

  • economy to grow at 5 to 5.5 pc in 2013 14 chidambaram

    Economy to grow at 5 to 5.5 pc in 2013-14: Chidambaram

    November 15, 2013 19:51 IST

    Mumbai: With the greenshoots of recovery visible, Finance Minister P Chidambaram today exuded confidence that the economy will pick up in the second half and record a growth of 5-5.5 per cent in 2013-14.He, however,

  • accor plans to open 47 hotels in india by 2015

    Accor plans to open 47 hotels in India by 2015

    November 15, 2013 19:01 IST

    Ahmedabad: Global hotel operator Accor today said it plans to open 47 hotels in India by 2015 as part of diversifying its business ventures across the country. "We plan to open 47 hotels by 2015

  • no business can survive if every decision is questioned

    No business can survive if every decision is questioned: Chidambaram

    November 15, 2013 16:27 IST

    New Delhi: Confident of achieving 5 to 5.5 per cent growth in the current fiscal, Finance Minister P Chidambaram today said the green shoots are visible and measures taken by the government will help the

  • economic growth to revive in second half of current fiscal

    Economic growth to revive in second half of current fiscal

    November 15, 2013 11:13 IST

    New Delhi: Finance Minister P Chidambaram on Friday said that economic growth will revive in the second half of the current financial year.Measures taken by the government will yield results and help India achieve potential

  • finance minister exhorts service tax defaulters to come

    Finance Minister exhorts service tax defaulters to come clean

    November 14, 2013 22:37 IST

    New Delhi: Asking service tax defaulters to take advantage of the amnesty scheme, Finance Minister P Chidambaram today said the government could not have come out with a better offer for them to come clean.Addressing

  • indian printing industry to reach 20 bn by 2015

    Indian printing industry to reach $20 bn by 2015

    November 14, 2013 22:07 IST

    New Delhi: The Indian printing industry will reach nearly $20.9 billion by 2015, a government official said Thursday at the ninth edition of the international exhibition on printing and allied machinery industries (PAMEX 2013) which

  • rupee appreciates further by 19 paise to 63.11 against

    Rupee appreciates further by 19 paise to 63.11 against dollar

    November 14, 2013 20:10 IST

    Mumbai: The rupee appreciated another 19 paise to 63.11 against the dollar today as local stocks made a strong recovery and exporters sold the US currency.The rupee, which rose to a high of 62.95, gained

  • pm to inaugurate mahila bank on indira gandhi s birthday

    PM to inaugurate Mahila Bank on Indira Gandhi's birthday

    November 14, 2013 17:45 IST

    New Delhi: Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will inaugurate country's first all-women Bharatiya Mahila Bank in Mumbai on November 19, the birth anniversary of former Prime Minister Indira Gandhi.With the inauguration

  • npas of 40 banks soar 38 to rs 1.3 trillion in h1

    NPAs of 40 banks soar 38% to Rs 1.3 trillion in H1

    November 14, 2013 17:37 IST

    New Delhi: The net bad assets of the 40 listed banks have jumped 38 per cent to Rs 1,28,533 crore during the first half of this fiscal, from Rs 93,109 crore at the end of

  • four seasons ties up with 3c company for hotel branded

    Four Seasons ties up with 3C Company for hotel, branded residences

    November 14, 2013 15:53 IST

    New Delhi: Canada's Four Seasons Hotels and Resorts has tied up with The 3C Company for a hotel and branded residence project at Delhi One, a mixed-use development in Noida. This is the first property

  • pfrda chief yogesh agarwal resigns

    PFRDA chief Yogesh Agarwal resigns

    November 14, 2013 9:33 IST

    New Delhi: The Chairman of the Pension Fund Regulatory and Development Authority, Yogesh Agarwal, has resigned, three years into his five-year term that was to end in 2015.The authority's website also mentioned that that the

  • india s exports to grow by 7.2 in 2014 morgan stanley

    India's exports to grow by 7.2% in 2014: Morgan Stanley

    November 13, 2013 23:00 IST

    Singapore: India's exports are expected to grow by 7.2 percent in 2014 fiscal on the back of improvement in growth of developed markets, says a report by Morgan Stanley Research."We expect export growth of 7.2

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