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India likely to grow at 6% in 2014-15: Gita Gopinath
The Indian economy is likely to grow at six per cent in 2014-15 and if the new government delivers on ......
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RBI relaxes norms for loans against gold ornaments
The Reserve Bank today relaxed the limit of loan that banks can sanction against the pledging of gold ornaments and ......
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Black money: OECD unveils automatic info exchange framework
In a major development in the fight against black money, multilateral grouping OECD today unveiled a 'single global standard' for ......
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HDFC Bank Q1 net profit up 21% but lags estimates
Private sector lender HDFC Bank today reported 21.1 per cent growth in net profit to Rs 2,233 crore for the ......
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ADB projects 6.3% growth for India in 2015-16
Manila-based Asian Development Bank (ADB) has upgraded India's economic growth forecast to 6.3 per cent in 2015-16 on hopes of ......
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RBI issues draft norms for small banks, payment banks
A week after Budget announcement, the Reserve Bank today issued draft guidelines for setting up of 'local feel' small banks, ......
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Number of profit-making PSUs decline sharply
The number of profit-making PSUs in the country declined sharply in 2012-13, according to figures presented in Parliament today.As per ......
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SMERA Ratings appoints Sankar Chakraborti as CEO
SMERA Ratings, a credit rating agency for the micro, small and medium enterprises, has appointed Sankar Chakraborti as its Chief ......
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UK's DFID backing infrastructure-focused PE fund NEEV with $66M
The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total ......
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Exports growth slowed in June but stayed in double digits
Exports grew in double digits for the second month in a row in June at 10.22 per cent, but a ......
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