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Chinese banks continued their lending frenzy in the beginning of the year, doling out 500 billion yuan (USD 75.6 billion) in new loans in the first week of January alone, putting fresh pressure on the central bank to tighten policy to put a lid on inflation.
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State-owned Bank of China has offered yuan trading to its US customers, a sign that Beijing this year may increasingly promote the use of the Chinese currency in major financial centers.
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The World Health Organisation launched a plan on Wednesday to stop a form of drug-resistant malaria from spreading from Southeast Asia to Africa, where millions of lives could be at risk.
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Indian equities snapped six-day losing streak on Wednesday led by sharp pullback as markets looked oversold in previous sessions with the loss of around 1350 points on the Sensex. The Nifty added more than 100 points on heavy volumes; volume largely supported by F&O segment.
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Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Oriental Bank of Commerce December quarter operating income are expected to go up by 16.9% to Rs 1298 crore, Year-on-Year, (Y-o-Y) basis.
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This article has been sourced from MCX-SX. You can visit their website http://www.mcx-sx.com/ for futher information.
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Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Jammu and Kashmir Bank December quarter operating income are expected to go up by 13.5% to Rs 442 crore, Year-on-Year, (Y-o-Y) basis.
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Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Indian Overseas Bank December quarter operating income are expected to go up by 17.5% to Rs 1237 crore, Year-on-Year, (Y-o-Y) basis.
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Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Indian Bank December quarter operating income are expected to go up by 9.6% to Rs 1278 crore, Year-on-Year, (Y-o-Y) basis.
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Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Dena Bank December quarter operating income are expected to go up by 43.9% to Rs 599 crore, Year-on-Year, (Y-o-Y) basis.
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When you buy art, you invest a significant sum of your money in these objects. This value will however not sustain and definitely not appreciate unless you look after the works and prevent damage caused by nature or carelessness.
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Even in bad times, fund managers are known to be optimistic. But this time round, they too have become cautious.
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Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Corporation Bank December quarter operating income are expected to go up by 13% to Rs 962 crore, Year-on-Year, (Y-o-Y) basis.
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Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Bank Of India December quarter operating income are expected to go up by 17.7% to Rs 2432 crore, Year-on-Year, (Y-o-Y) basis.
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Confidence Petroleum touched an intraday high of Rs 18.30 and an intraday low of Rs 15.70. At 15:26 hrs the share was quoting at Rs 18.15, up Rs 2.90, or 19.02%.
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364 day Treasury Bills : Auction Result
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91 day Treasury Bills : Auction Result
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DSP BlackRock Mutual Fund has increased its exposure to oil & gas, information technology and banking & financial services sectors. However, it slashed its exposure to engineering & capital goods, automotive and cement & construction space.
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Income tax (I-T) raid operation on Lodha group has concluded reports CNBC-TV18 quoting sources.
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Aditya Birla Money has come out with its Model Portfolio report.
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OP Bhatt, chairman of State Bank of India has categorically said that news of Central Bureau of Investigation (CBI) conducting searches at its headquarter has come as a surprise to him, reports CNBC-TV18.
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Bihar is gifting goats to its poorest people in a bid to win the hearts and minds of villagers and stamp out support for a Maoist insurgency that has killed thousands over the past four decades.
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India's gold buying retreated on Wednesday afternoon as prices extended gains to hit the highest level in a week, though traders awaited leads from the rupee for direction in the dollar-quoted yellow metal, dealers said.
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State-run explorer Oil India may miss its target to produce 3.7 million tonne of crude oil in the current financial year ending March, its director for exploration and development BN Talukdar said.
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The euro rose weakly against the dollar on Wednesday while Asian stocks edged higher, but investors were increasingly nervous ahead of a key bond sale by ailing eurozone member Portugal later in the day.
