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Business & Economics

Business & Economics

RBI CUTS RATES; HOME, CONSUMER LOANS TO COST LESS

Jan 16, 2015 - 7:03 am EST @theindpanorama 2

MUMBAI (TIP): Reserve Bank of India governor Raghuram Rajan cut key interest rates — for the first time in almost two years — by 25 basis points about a fortnight ahead of the monetary policy […]

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Business & Economics

Bank of America profit hurt by lower bond trading revenue

Jan 16, 2015 - 7:02 am EST @theindpanorama 0

WASHINGTON (TIP): Bank of America Corp, the second-largest US bank by assets, reported a 14 per cent fall in quarterly profit as revenue from fixedincome trading fell. Bond trading revenue plunged 21 per cent to […]

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Business & Economics

SHELL, GDF SUEZ TO TAKE 26% STAKE EACH IN GAIL LNG PROJECT

Jan 16, 2015 - 7:01 am EST @theindpanorama 1

NEW DELHI (TIP): Anglo-Dutch Shell and GDF Suez of France are to take 26% stake each in a floating facility for importing liquid gas that state utility Gail is proposing to put up off the […]

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Business & Economics

India to grow at China’s pace by FY17: World Bank

Jan 16, 2015 - 7:00 am EST @theindpanorama 2

NEW DELHI/WASHINGTON (TIP): The Indian economy is expected to catch up with China by 2016-17 and is expected to grow 6.4% in 2015 on the back of reform measures unveiled by the new government, the […]

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Business & Economics

IMPLICATIONS OF AMERICAN WITHDRAWAL FROM AFGHANISTAN

Jan 16, 2015 - 6:05 am EST @theindpanorama 0

“The Taliban attacks within Afghanistan reached unprecedented levels in 2014. Moreover, while Washington proclaims that any process of “reconciliation” between the Taliban and the Afghan Government will be “Afghan led and Afghan driven,” the reality […]

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Business & Economics

GLOBAL MEDICAL TOURISM MARKET TO RISE OVER $ 30 BN BY 2019: RESEARCH

Jan 9, 2015 - 8:06 am EST @theindpanorama 1

HOUSTON (TIP): Global medical tourism market will rise to $ 32.5 billion by 2019 on account of rising healthcare costs in developed countries, like the US and improved standards of healthcare technology and services in […]

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Business & Economics

Nearly 38,000 firms set up in eight months of new Companies Act

Jan 9, 2015 - 8:05 am EST @theindpanorama 0

NEW DELHI (TIP): Spread across diverse sectors, nearly 38,000 new firms have been registered in the first eight months of the new companies law coming into force in April last year. Out of the total […]

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Business & Economics

SEBI WIELDS NEW POWERS; RECOVERS DUES IN OVER 100 CASES

Jan 9, 2015 - 8:04 am EST @theindpanorama 2

NEW DELHI(TIP): Using its enhanced powers, capital markets regulator Sebi has managed to recover dues in more than 100 cases over the past one year out of the 500 cases in which attachment orders were […]

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Business & Economics

Vistara airline to launch on January 9

Jan 9, 2015 - 7:48 am EST @theindpanorama 1

MUMBAI (TIP): Tata Group is set to launch its full-service Vistara airline on 9 January, more than 60 years after the Indian government nationalised the group’s airline business and following two previous aborted attempts to […]

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Business & Economics

Additional spectrum case: Relief to Sunil Mittal, Ravi Ruia

Jan 9, 2015 - 7:29 am EST @theindpanorama 1

NEW DELHI (TIP): In a relief to Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia, the Supreme Court on January 9 set aside the order of the special court summoning […]

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Business & Economics

GHAR WAPSI AND MODI’S UNPARALLELED SUCCESS

Jan 9, 2015 - 7:16 am EST @theindpanorama 0

We are publishing this humorous piece at a time of heightened communal tension in India. Ever since the new government of Narendra Modi came in to power, Hindu extremists have repeatedly said that all Muslims […]

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Business & Economics

SPICEJET TOLD TO GIVE CASH FLOW PLAN IN WRITING

Dec 27, 2014 - 9:09 am EST @theindpanorama 2

NEW DELHI (TIP): The government has asked cash-strapped SpiceJet to submit its proposed cash flow plan in writing by next Monday. The low cost carrier’s (LCC) former promoter Ajay Singh, who is leading the revival […]

Narendra Modi can pay tribute to Sardar Patel by making
Business & Economics

Fifty Shades of Saffron

Dec 27, 2014 - 8:40 am EST @theindpanorama 1

On December 11, 2014, when the U.N. General Assembly adopted June 21 as the International Day of Yoga, as recommended by Prime Minister Narendra Modi, India rejoiced. Never mind that the day before was the […]

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Business & Economics

PRESIDENT SIGNS ORDINANCES ON INSURANCE, COAL SECTOR REFORMS

Dec 27, 2014 - 8:09 am EST @theindpanorama 1

NEW DELHI (TIP): Paving way for additional foreign investment in insurance and to move ahead with the re-allocation of cancelled coal mines, President Pranab Mukherjee on Friday signed the two ordinances in this regard. The […]

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Business & Economics

FABINDIA, MANYAVAR EMERGE AS INDIA’S MOST PROFITABLE APPAREL COMPANIES

Dec 27, 2014 - 7:09 am EST @theindpanorama 1

MUMBAI (TIP): Ethnic retail chains Fabindia and Manyavar have emerged as the country’s most profitable apparel companies by avoiding discounts, staying away from prime real estate and making products in-house in a market where most […]

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Business & Economics

Russia to impose wheat export duty from February

Dec 27, 2014 - 6:10 am EST @theindpanorama 2

MOSCOW (TIP): Russia has said it will from February apply a duty of at least 35 euros ($43) per tonne of wheat sent for export as it tries to lower prices on its domestic market, […]

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Business & Economics

OUTSIDERS SET TO GET ACCESS TO SCHOOLS, HOSPITALS, FLATS IN SEZS

Dec 27, 2014 - 5:10 am EST @theindpanorama 2

NEW DELHI (TIP): After months of discussion, the government is set to allow developers of special economic zones (SEZs) to throw open apartments, schools and hospitals to those who live outside the enclaves, a move […]

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Business & Economics

Why this massacre of the innocents?

Dec 19, 2014 - 9:30 am EST @theindpanorama 137

It was a massacre of the innocents. Every report must admit this – because it’s true. But it is not the whole truth. The historical and all-too-real connections between the Pakistan army, the Inter-Services Intelligence […]

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Business & Economics

INDIA IS FASTEST-GROWING, THIRD-LARGEST MARKET FOR DELL

Dec 19, 2014 - 8:26 am EST @theindpanorama 2

BENGALURU (TIP): Michael Dell’s decision to take Dell private last year has started showing signs of change for the company in India, where it has grown to become a $2-billion entity. Growing at close to […]

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Business & Economics

SPICEJET’S LOSS IS OTHER CARRIERS’ GAIN

Dec 19, 2014 - 8:24 am EST @theindpanorama 1

NEW DELHI (TIP): SpiceJet’s fall from grace has led the cash registers ringing for other Indian carriers. Troubles at Kalanithi Maran-owned low cost carrier (LCC) started from mid-November when leasers started repossessing aircraft, leading to […]

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Business & Economics

Government plans multi-model transport body for movement of goods

Dec 19, 2014 - 8:24 am EST @theindpanorama 2

NEW DELHI (TIP): The government plans to set up a multi-model transport organization to facilitate faster movement of goods through rail, water, air and road, railways minister Suresh Prabhu said on Decedmber 18. The Minister […]

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Business & Economics

‘ALIBABA FOUNDER JACK MA BIGGEST BILLIONAIRE GAINER OF 2014’

Dec 19, 2014 - 8:23 am EST @theindpanorama 1

NEW DELHI (TIP): Alibaba founder and executive chairman Jack Ma is this year’s biggest financial gainer as the billionaire entrepreneur’s fortune has swelled by a whopping USD 18.5 billion this year to USD 29.2 billion, […]

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Business & Economics

GST Bill gets Cabinet nod

Dec 19, 2014 - 8:22 am EST @theindpanorama 1

NEW DELHI (TIP): The Cabinet on December 17 cleared the GST Constitutional Amendment Bill for its tabling in the current session of Parliament, as it races against time to keep the April 2016 deadline to […]

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Business & Economics

Political shadow boxing, threat & reality

Dec 12, 2014 - 6:39 am EST @theindpanorama 2

“The American invasion of Iraq cost the lives of millions of children. Whatever the changing definitions of terror, it is children that are so often the forgotten victims of conflict – regardless of the perpetrator”, […]

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Business & Economics

JULIA ROBERTS UNVEILED AS NEW FACE OF ‘GIVENCHY’

Dec 12, 2014 - 5:52 am EST @theindpanorama 1

Julia Roberts has been appointed as the new face of Givenchy. The brand’s first shot of Spring 2015 campaign shows the 47-year-old actress in a black and white picture, boasting natural beauty in a sleek […]

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