Mumbai: Global ratings agency Standard & Poor's today said the government's move to selectively capitalise state-run banks is a welcome step but may impact the growth of smaller lenders who have been left out."In our
New York: The Dow Jones industrial average is closing above 16,000 for the first time as encouraging news on the job market pushes stocks higher. Applications for unemployment benefits dropped last week to the lowest
New Delhi, Aug 8: Standard & Poor's, whose rating downgrade of the US has created mayhem in markets worldwide, today warned that Asia-Pacific economies, including India, might face a deeper and prolonged impact if the
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