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Sensex clocks biggest gain in four years, up 727 points; Rupee jumps 140 paise to 63.84

Mumbai: A host of positive factors such as sustained gains in the rupee and easing tensions over Syria kept the stock markets upbeat for the fourth session on Tuesday with the benchmark S&P BSE S

Rajan effect on Rupee to continue this week as well: Analysts

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Mumbai: Analysts and heads of treasuries at banks have opined that 'the Rajan effect' - the impact of the measures unveiled by new Reserve Bank Governor Raghuram Rajan - will continue to play out in

Govt will take hard decisions to curb inessential imports: FM


New Delhi: Union Finance Minister P Chidambaram on Saturday said 'hard decisions' would be taken in the next few days and weeks to trim wasteful expenditure and curb import of 'inessential' items.

India must wait for kitty party


St. Petersburg: India will have to wait for much longer than it had hoped to play kitty party with the group of five emerging economies and draw support from a common currency pool.
Though the group

Indian rupee will correct itself, growth will bounce back: P Chidambaram


New Delhi: Seeking to dispel the perception of gloom and pessimism, Finance Minister P Chidambaram asserted in the Lok Sabha that rupee will correct itself and the growth will bounce back.

Gold tumbles by Rs 1,250 as rupee, markets recover


New Delhi: Gold prices suffered the steepest fall in a week falling by Rs 1,250 to Rs 30,950 per ten grams here on heavy sell-off by stockists as equity markets and rupee recovered after RBI's fresh

Raghuram Rajan era begins at Mint St

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Mumbai: Dr Raghuram Rajan swept into office as the 23rd governor of the Reserve Bank of India with a spectacular bunch of high profile, but down-to-earth changes that would be undertaken in the next

Sensex up 161 pts in early trade; IT stocks lead recovery


Mumbai: The BSE benchmark Sensex on Wednesday recovered over 161 points in early trade after yesterday's steep fall, on the back of rally in IT, healthcare and metal sector stocks due to fresh buying

PM for orderly exit from unconventional monetary policies

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New Delhi: Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an ‘orderly exit’ from unconventional monetary policies being

Raghuram Rajan unveils big initial package, promises more

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Mumbai: New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focu

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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.