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BANKING / Find ways to lower burden of heavy interest rates
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Pursue more low cost deposits: FM to banks
Banks must follow ways which will help in lowering the burden of heavy interest rates, Union Finance Minister P Chidambaram said here on Thursday, while formally inaugurating the 1,000th and 1,001th branches of Corporation Bank at HSR Layout and Siddlaghatta. |
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Sees it abating only in next fiscal
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Inflation will be hovering above 11%, says survey
Inflation is likely to remain above 11 per cent this year and may come down to around 9 per cent by March next year, says a survey of economists conducted by the Reserve Bank of India (RBI). |
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GM posts big $15.5 b loss as sales sputter
General Motors Corp posted a $15.5 billion quarterly loss on Friday, as North American sales dropped by 20 per cent and plunging prices for SUVs prompted deep charges for its auto finance business. |
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Floats holding co
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Tata Steel Q1 net up 21.78%
Steel major Tata Steel Ltd has reported a standalone net profit of Rs 1,488.40 crore in the first quarter ended June 30, 2008, indicating a growth of 21.78 per cent over the corresponding period a year ago. |
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Three from State too get approval
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Centre nod for 29 SEZ projects
The Centre, on Friday, approved as many as 29 proposals for setting up Special Economic Zone (SEZ) including three in Karnataka in the electronic and information technology sectors. |
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Exports clock 22.3% growth |
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Rising card defaults is a concern |
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Stage set for advanced mobile telephony |
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INDUSTRY HAILS 3G POLICY |
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Sensex up 301 points |
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Pricing norms for ADR, GDRs to be relaxed |
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AT A GLANCE |
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Union Finance Minister P Chidambaram inaugurating Indian Bank's Thirumenahalli branch near Bangalore on Friday. Also seen are Indian Bank Chairman & Managing Director M S Sundararajan ( centre) and former union railway minister C K Jaffer Sharief. DH PHOTO
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Click Here for DH Photogallery
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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12,817 |
| Silver (per kg) |
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26,000 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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42.74 |
| Pound * |
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85.41 |
| Euro * |
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67.07 |
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