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BSE Sensex off day’s highs as fuel price hike hopes wane

BSE Sensex off day’s highs as fuel price hike hopes wane

The BSE Sensex is holding up firmly in green during the afternoon session on Friday, on account of sanguine global leads that have prompted strength in already active bulls. Prominent…

Reddy rules our immediate hike in fuel prices, next week crucial

Reddy rules our immediate hike in fuel prices, next week crucial

The government may hike petrol, diesel, cooking gas and kerosene prices simultaneously as early as next week, with Oil Minister S Jaipal Reddy saying “difficult and painful” decisions need to…

Axis Bank offers home loans EMIs waiver

Axis Bank offers home loans EMIs waiver

The third largest private sector lender Axis Bank today launched a home loan product with a built-in EMI waiver scheme under which the bank will write off the last 12…

Air India to finally get its first Boeing Dreamliner

Air India to finally get its first Boeing Dreamliner

Air India’s long wait for the Boeing 787 Dreamliner is finally over, with the first of these long-haul planes set to arrive in New Delhi on September 8 (Saturday). Air…

Banks take Chidamabaram’s call on rate cut

Banks take Chidamabaram’s call on rate cut

Leading public sector banks have pared down retail lending rates on home and auto loans in a move aimed at boosting demand and spur growth. Prodded by finance minister P.…

BSE Sensex marginally up in morning trade

BSE Sensex marginally up in morning trade

Selective buying by funds and retailers amid a better trend in Asian markets helped the BSE benchmark Sensex gain that was trading marginally up in morning trade on Thursday. At…

Plan panel lowers GDP growth target for 2012-17

Plan panel lowers GDP growth target for 2012-17

  In view of fragile economic recovery, the Planning Commission has decided to lower annual average economic growth rate to 8.2 per cent in the 12th Five Year Plan (2012-17)…

Investment norms for insurers may be eased

Investment norms for insurers may be eased

The Finance Ministry is looking at the possibility of relaxing norms for insurance companies to attract more funds for the infrastructure sector as part of efforts to prop-up the sagging…

Cashless Kingfisher Airlines to get help from Diageo

Cashless Kingfisher Airlines to get help from  Diageo

Billionaire Vijay Mallya’s guarantees for the loans and liabilities of his troubled Kingfisher Airlineshave been estimated at a whopping Rs 5,904 crore in the company’s annual report for 2011-12, released…

State Bank of India cuts fixed deposit rates

State Bank of India cuts fixed deposit rates

In a move that is likely to be followed by other banks, State Bank of India on Wednesday announced reduction in interest rate on fixed deposits by 0.5 per cent…