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Raghuram Rajan meets FM; discusses economic situation

New Delhi: Ahead of the RBI's central board meet, the central bank chief Raghuram Rajan on Thursday met Finance Minister P Chidambaram and is understood to have discussed economic issues."Our meeting

LPG portability in Andhra Pradesh from Oct 6


Hyderabad: Nearly 17 lakh domestic LPG consumers in Hyderabad and Visakhapatnam can avail the LPG portability scheme announced by the Centre on Wednesday.Initially the scheme will be applicable only

Fundamentals strong; growth to improve in second half: Singh

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New York: Asserting that the fundamentals of the Indian economy are strong, Prime Minister Manmohan Singh has said GDP will improve in the second half of fiscal 2013-14 and that the government is com

EPFO to start online service for transfer claims next month


New Delhi: The Employees' Provident Fund Organisation (EPFO) is all set to start online transfer of provident fund accounts in the first half of October, a move that will benefit over 13 lakh applica

Gold jumps to three-week high on strong global cues


Snapping 2-day losing trend, gold prices climbed to nearly 3-week high by surging Rs 1,000 per 10 grams in the national capital on Saturday on brisk buying by stockists, driven by strong global cues.

India, US eye 5-fold increase in commerce


Eyeing to increase 2-way commerce by 5 times from the current level of $ 100 billion, India and the US have vowed to expeditiously address all trade and investment policy issues to remove obstacles and improve business environment in both countries.

Banks to bear cost of frauds via cards


New Delhi: Refusing to give further extension to banks for complying with security norms, the RBI on Friday said that banks will have to bear the cost of fraudulent card transaction through point of

Foreign IPOs made easy for $


New Delhi: Finance ministry on Friday allowed domestic companies to list and raise capital overseas without first being listed on local exchanges to boost capital inflows.Currently unlisted companies

Sensex gains over 40 points in early trade


The BSE benchmark Sensex recovered over 40 points in early trade on Thursday on selective buying by participants amid RBI plans to take steps to ensure adequate supply of money for credit flows.

Biocon head Kiran Mazumdar Shaw warns of India walk-out


Hyderabad: Even as loss of contract production orders, hike in energy costs, rising inflation and mounting debts have impacted the Indian pharma industry, Biocon has said that the “regulatory underst

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.