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Economy

Govt deeply concerned about rising prices: Pranab Mukherjee

7.18 pm | 26 Nov 2009 |  Source: CNBC-TV18

Finance Minister Pranab Mukherjee told Parliament that the government is deeply concerned about rising prices. A hike in the support prices of grains ...

Surging food prices may prompt RBI action

5.57 pm | 26 Nov 2009 |  Source: Reuters

Food price inflation picked up in mid-November, heightening concerns that it could raise broader inflationary expectations and adding to expectations ...

SAP says emerging markets stabilising

4.11 pm | 26 Nov 2009 |  Source: Reuters

German software giant SAP is seeing a stabilisation of demand in emerging markets, including China and India, as its deal pipeline improves and compan...

RBI will take a call on buying gold: Finmin exec

12.49 pm | 26 Nov 2009 |  Source: Reuters

Any decision on whether India would buy more gold from the International Monetary Fund (IMF) would be taken by the Reserve Bank of India (RBI), a fina...

Food inflation soars to 15.58% YoY

12.49 pm | 26 Nov 2009 |  Source: Reuters

India's food price index was up 15.58% in the 12 months to Nov. 14, while the fuel index was down 1.51%, the government said on Thursday....

Indian outsourcers show signs of M&A appetite

11.17 am | 26 Nov 2009 |  Source: Reuters

Indian outsourcing companies are looking to step up deal momentum amid rising consolidation in the industry as they face the threat of their services ...

Rising rupee good for imports: RBI deputy

11.17 am | 26 Nov 2009 |  Source: Reuters

An appreciating rupee is good for India's imports, KC Chakrabarty, a deputy governor of the Reserve Bank of India, said on Wednesday. ...

Superfreakonomics: More play with bizarre facts & data

10.39 am | 26 Nov 2009 |  Source: Forbes India

A book review of SuperFreakonomics, the follow-up to the bestseller by the same duo. Freakonomics, is filled with an assortment of facts. ...

Why Gates, Buffett are not giving up on US economy 

9.11 pm | 25 Nov 2009 |  Source: CNBC-TV18

The US economy should brace itself for the aftershocks of the unprecedented government stimulus, but the future of America and Wall Street is bright. ...

Flamboyance, a thing of the past for Indian techies? 

8.53 pm | 25 Nov 2009 |  Source: Reuters

Reuters Summit - Indian techie logging out of downturn gloom...

Panel to review policy to boost capital flows 

8.00 pm | 25 Nov 2009 |  Source: Reuters

The Finance Ministry wants to encourage foreign investment and has set up a panel to conduct a four-month review of its foreign portfolio investment, ...

Oct refinery output up 7.2% YoY 

7.00 pm | 25 Nov 2009 |  Source: Reuters

Indian refiners processed 3.372 million barrels per day (bpd) of crude oil in October, up 7.2% from a year ago, official data showed on Wednesday. Cru...

Not yet time for consolidation among banks: RBI 

7.00 pm | 25 Nov 2009 |  Source: Reuters

A Deputy Governor of the Reserve Bank of India said on Wednesday that the time has not come yet for consolidation of banks....

Govt may import rice, has enough wheat: C Rangarajan 

5.38 pm | 25 Nov 2009 |  Source: Reuters

The government expects wheat supply and prices to remain manageable but the country may decide to import rice after the size of the harvest is known i...

India needs efficient banks and infra funding - RBI 

5.21 pm | 25 Nov 2009 |  Source: Reuters

Inefficiencies in Indian banks have meant the large cuts in official rates have not been fully passed on to customers, hampering the effectiveness of ...

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