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ENS Economic Bureau The Indian Express Group

ENS Economic Bureau-

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Exports continue downhill ride, dip 13.8 pc in September

Wednesday 4 November '09

September marked the end of a five-month incline in exports from May this year. Citing possible reductions in pharmaceutical...
Festive season puts spring back in sales of cars, scooters

Tuesday 3 November '09

Automobile manufacturers are certainly feeling the festive cheer with October aiding a sharp turnaround in sales and bringing, alongwith...
India Inc’s Q2 profits rise 38.7%, but topline falls

Tuesday 3 November '09

Big caps like Reliance Industries, Reliance Communications and Bharti Airtel might have disappointed investors with their lower profits, but India...
RBI alert on circular fund movement in MFs, banks

Monday 2 November '09

The Reserve Bank of India has flashed the red signal on the circular fund movement between banks and mutual funds which...
Hero Honda Oct sales increase marginally; GM posts 15% surge

Monday 2 November '09

Buoyed by high demand during Diwali, easier availability of finance and introduction of new products, major auto manufacturers...
SBI Q2 net up 10% on increased earnings, no PLR cut as of now

Sunday 1 November '09

The country’s largest bank, State Bank of India, joined ICICI Bank in recording a better-than-expected 10.19% rise in its net...
Bush meets Indian business leaders

Sunday 1 November '09

For George W. Bush, the man who led the war against terror, there couldn’t have been a better venue for his meeting with business leaders...
India losing out on digital revolution: Rediff CEO

Sunday 1 November '09

India could end up missing the online, digital revolution just like it missed other transformative economic movements in the last...
Manmohan, Pranab say will push labour, financial sector reforms

Saturday 31 October '09

The United Progressive Alliance’s top leadership today spoke in unison on the need to move ahead with reforms in the labour and financial sectors...
FM admits execution of GST may be delayed

Saturday 31 October '09

Indicating for the first time his apprehensions over the implementation of the Goods and Services Tax as per schedule, finance minister...
ICICI beats expectations with higher profits

Saturday 31 October '09

The country’s second-largest bank, ICICI Bank, posted a better-than-expected 2.56 per cent rise in net profit to Rs 1,040 crore in the second...
Sensex joins Asian sell-off, FIIs pull out $500 million

Friday 30 October '09

Joining an Asian sell-off, Dalal Street plunged for the fourth day in a row, and closed 1.4 per cent lower in volatile trade on Thursday to its lowest close in nearly 8 weeks....
Core sector growth runs out of steam, slides to 4 pc in Sept

Thursday 29 October '09

Growth in infrastructure sector output slipped to 4 per cent in September from an upwardly revised 7.8 per cent in August, data released by the commerce and industry ministry showed on Wednesday....
Banks may have to shell out Rs 30K cr as NPA provisioning

Thursday 29 October '09

The Reserve Bank of India’s decision to ask banks to keep higher provisioning for non-performing assets could lead to an additional provisioning of Rs 13,000 crore by banks till September end next year....
Enhanced credit to SMEs, change in tax norms sought

Thursday 29 October '09

The government and the industry on Wednesday agreed on the need to provide more and more credit to 2.6 crore small and medium enterprises (SMEs) in the country....
RBI shifts debate from growth to inflation, asset price bubbles

Wednesday 28 October '09

Finance minister Pranab Mukherjee seems to be more optimistic of better economic growth this fiscal than the Reserve Bank of India (RBI).
Bank lending to realty firms will be dearer now

Wednesday 28 October '09

The RBI decision to hike the provisioning requirement of banks for lending to real estate companies from 0.4 per cent to 1 per cent...
Banks investing in debt MFs worries RBI

Wednesday 28 October '09

The Reserve Bank of India (RBI) is concerned with the indirect flow of liquidity that is taking place from banking to the corporate sector.
RBI doesn’t hike rates but begins to tighten its screws despite ‘fragile’ growth

Wednesday 28 October '09

The Reserve Bank of India today signalled an exit from the current easy monetary policy stance by making loans costlier for real estate companies....
EGoM gives extra K-G gas to power sector

Wednesday 28 October '09

The empowered group of ministers (eGoM) headed by finance minister Pranab Mukherjee on Tuesday allocated the bulk of the additional natural gas...
Wipro net profit rises 19% in Q2

Wednesday 28 October '09

Wipro Ltd on Tuesday reported a 19% jump in its net profit for the second quarter. Its revenue increased 6% year-on-year.
Flagging low credit, RBI signals no hike in rates

Tuesday 27 October '09

THE Reserve Bank of India’s projections on the eve of the second quarter review of the monetary policy that the economy will grow at a rate lower than last fiscal’s and a steep fall in credit....
Lower growth forecast by RBI suggests soft policy to remain

Tuesday 27 October '09

Indicating that the accommodative monetary policy is likely to continue for the time being, a Reserve Bank of India survey on Monday...
Sesa Goa referred to Serious Fraud Office

Tuesday 27 October '09

After months of deliberation and series of inspections by the Registrar of Companies, the government today finally ordered a...
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