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After a string of extremely low and even negative monthly numbers, the industrial sector grew by 2.6 per cent year on year, far exceeding expectations.
All categories of NRI deposits saw net inflows in July.
The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).
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The stock market responded to his speech by going up by over two per cent; the rupee also gained in strength, by about 1.45 per cent, against the dollar.
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After RBI's missive on proxy lending to builders, it's time to reshuffle.
India Inc enables the US' frostiness to India.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
While the motives of the Bill are of course laudable, there is every likelihood that the consequences of its passage will be dire.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
SBI was slow in filing and following up on winding-up cases.
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Instead of tinkering with roaming, the circle system should be ended.
Significant investors in government bonds FIIs have been net sellers since May 22.
They can wait, as RBI has indicated the bonds could be linked to CPI in future.
After 2015, all re-structured assets will be treated on a par with non-performing assets, requiring the same level of provisioning.
A few states are already running their own schemes for providing free drugs from the government health centres.
SBI says recovery process on as no court stay yet.
In 2011-12, India imported Rs 52,400-crore (Rs 524 billion) worth of telecom equipment; most estimates are that the figure in 2012-13 will match or even cross that number.
While write-off will push up its debt equity ratio, decline in equity will push up return ratios.
Bank issues public notice with photograph in Reid & Taylor default case.
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