Business News

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Centre likely to stick to its borrowing plan for H2FY15

The market borrowings are one of the sources for funding the fiscal deficit along with tax and non-tax revenues.

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Inflation falls to 5-yr low but RBI may hold rates

From 5.19% in July, inflation down to 3.74% in Aug; lowest since Oct 2009.

Govt okays R930-cr scheme to boost capital goods sector

The decision was taken at a meeting of the Cabinet Committee on Economic Affairs that is chaired by the Prime Minister.

Exports growth hits 5-month low in Aug; trade gap widens

Gold imports nearly tripled to $2.03 billion in August from $738.7 million a year ago.

US wealth gap ‘unsustainable’: Harvard study

Report is based on a survey of 1,947 HBS alumni.

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Moody’s to visit India for review of sovereign rating

FinMin says clear case for upgrade as economy on strong footing.

Sesa Sterlite gets prospecting licence for laterite deposits in Orissa

The company currently brings in bauxite from outside the state to feed the 1 mtpa aluminium refinery at Lanjigarh.

Govt downsizes officials’ team heading to Japan, South Korea

Instead of 10, four officials of Commerce, Steel ministries to go on annual trip.

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Sensex snaps 9-session surge; DLF leads realty bloodbath

In a matter of a week, DLF has faced two court rulings that have impacted its shares negatively.

Govt to invite bids for developing infra of 5 smart cities this fiscal

Centre to provide funds for the trunk infrastructure through DMIC Trust.

Tantrums, hotpot burns, smog: China insurers have it covered

Most of the policies are short-term promotions and they offer insight into daily concerns in the world’s most-populous nation.

Core sector growth slows to 2.7% in July

Growth of eight core sector industries remained flat during the April-July period at 4.1 per cent.

States asked to ‘stay alert’ as grid pushed to the brink

Uttar Pradesh and Punjab overdrawing heavily to cope with shortages in overall thermal generation.

IMF’s Lagarde put under investigation in French fraud case

Allegations relate to an arbitration award to a supporter of ex-president nicholas sarkozy.

Ulips, which once fuelled insurance boom, now lie largely unclaimed

At the end of March 2012, unclaimed policies totalled Rs 2,476 crore

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