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Bureau For Industrial And Financial Reconstruction

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Kanpur: Decline of an industrial hub

During election season, every party leader worth his salt makes promises of revival, only to again repeat these in the next polls, reportsKavita Chowdhury The British era clock on the 128-feet......

Clueless India as terror revisits Mumbai

Who were these men and what was their motive? As the terrorists struck at India's financial nerve centre, bringing a city that never sleeps to a complete stand still, these baffling questions are......

Why Are Bankers SMILING At Last?

Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......

China Q2 GDP growth strength surprises but reveals growing risks

The government is aiming for economic growth of between 6.5 percent and 7 percent this year. China's economy expanded slightly faster than expected in the second quarter but private investment......

How top corporate leaders rate the Budget

'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.' Image: Finance Minister Arun Jaitley is pursuing......

Bank NPAs are just the tip of the iceberg

With losses being reported in the current quarter and the next, the rating of many PSU banks will go below the radar and if a downgrade happens, they will find it difficult to raise resources plus......

US Fed likely to hike rates: How should India cope?

In all likelihood, it will be announced in the Federal Open Market Committee meeting on September 16-17 This article is in two parts. In the first, I show why the US data clearly points to an......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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