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May 21, 2014
Agencies

Reserve Bank of India Governor Raghuram Rajan Tuesday said the central bank would soon announce a regular process of granting bank licences, ending the current system of giving it in tranches.

May 29, 2013
Agencies

Direct selling firm Amway's India Chairman and CEO William S Pinckney, an American national, and two company directors, arrested in connection with three cases of alleged fraud, have been remanded to 14 days judicial custody by a local court at Kalpetta in Kerala.

January 25, 2013
League Business Desk

 

Developing countries overtook their traditionally wealthier counterparts in attracting foreign direct investment for the first time last year, as industrialised nations bore the brunt of an 18 per cent plunge in FDI flows, the UN's trade and investment think tank UNCTAD said.

January 25, 2013
League Business Desk

India has assured global retail giants Walmart and Tesco that it will hand hold them for their entry into the just opened multi-brand retailing in the country.

January 25, 2013
League Business Desk

The govt's total public debt in the October-December period in this financial year grew by 3.6 percent to Rs 40,48,219 crore from Rs 39,06,828 crore in the previous quarter.

January 25, 2013
League Business Desk

The government on Monday hiked the import duty on gold and platinum to 6 per cent from 4 per cent with immediate effect - a move aimed at curbing imports of the precious metals to check the widening current account deficit.

January 25, 2013
League Business Desk

Riding on good sales of new models like Ertiga and Swift DZire, and benefiting from low base effect, the country's largest car maker Maruti Suzuki India on Friday reported an over two-fold jump in net profit at Rs 501.29 crore for the third quarter ended December, 2012.

January 25, 2013
League Business Desk

 

The National Innovation Council (NInC) has decided to include the Startup Village, country's first telecom incubator, as its officially backed showcase project -- a move that would prompt other state governments to replicate this model.

January 25, 2013
League Business Desk

Expressing India's commitment to fiscal prudence, Finance Minister P Chidambaram on Tuesday said the government will contain deficit at 5.3 per cent of GDP in the current year, and bring it down to 4.8 per cent in 2013-14.

 

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