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A day after India posted its lowest quarterly growth in nine years, the government swung into action with Prime Minister Manmohan Singh meeting members of the cabinet committee on economic affairs (CCEA) to discuss ways to speed up reforms.... | Read..
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Car sales, a barometer of the economic health of a nation, were lacklustre in May, with manufacturers feeling the pinch of high interest rates, rising fuel prices and pos... | Read..
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Manufacturing slipped marginally in May as the marked growth in output was hit by a slowing domestic order book, an HSBC survey said.... | Read..
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Five global financial services majors, including Morgan Stanley, StanChart and Citi, have lowered India’s growth prospects to 5.7-6.4 per cent for the current fiscal.... | Read..
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Troubled national carrier Air India today set in motion a major HR restructuring process that could lead to pay cuts of about 37,000 employees.... | Read..
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The Reserve Bank cannot prevent a fall in the rupee if it is triggered by weak fundamentals or global factors but can ta... | Read..
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Fitch Ratings today lowered its outlook on Indian Bank to negative from stable, citing increasing asset quality pressure... | Read..
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