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Business

Huge investment potential exists in infrastructure, manufacturing and services: Kamal Nath

“it is our endeavour to continue to provide a stable and conducive investment climate, both for the domestic investor and the foreign investor, and to manage the economy in a manner that facilitates inclusive growth driven by enhanced investment and consumption.
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Monetary measures have yielded results: RBI governor

The Reserve Bank of India today strongly defended that the monetary policy measures taken by the apex bank had yielded positive returns. Asked whether the monetary measures adopted by the central bank had failed to revive the economy...
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MTNL ushers in Live TV, video streaming on mobile through 3G

Live TV, high speed data download and video streaming on mobile phone today became a reality in India, with state owned MTNL launching the next generation 3G technology-based telecom services in Delhi....
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India gifts USD 4.5 mn to Harvard to set up fellowship Fund

India has gifted USD 4.5 million to the Harvard University to establish a Fund in the honour of Nobel laureate Amartya Sen, which would provide fellowships to deserving Indian students for pursuing studies at the premier American institution....
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After Jet, Kingfisher to pay 3% commission to travel agents

Vijay Mallya-controlled Kingfisher Airlines today said that it would be paying a three per cent agency commission to travel agents on gross fare. The commission would be effective from tomorrow...
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Inflation falls to over 7-mth low of 8 pc

heaper food items dragged inflation down to its lowest in seven-and-half months at 8 per cent, prompting analysts to predict another round of rate cuts by the Reserve Bank to fuel demand for loans - thus increasing consumption in the economy....
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Govt clears 21 highway schemes with investment of Rs 28,303 cr

Giving a boost to investment in infrastructure sector, the government has approved 21 projects in the highways sector envisaging an expenditure of Rs 28,303 crore. The projects, approved during the 19th meeting of the Public Private Partnership Appraisal Committee (PPPAC) on November 21...
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Hyundai cuts car prices by up to Rs 44,792

Responding to Centre's reducing CENVAT by four per cent, country's second largest car maker Hyundai today slashed the prices of all its models by up to Rs 44,792. The company reduced the prices of its flagship brand 'Santro' between Rs 8,834...
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Centre Committed to supporting MSME Sector

The Prime Minister, Dr. Manmohan Singh has assured members of the All India Confederation of Micro, Small and Medium Industries Associations of supporting the sector so that it not only weathers the present global crisis but continues to flourish....
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Ban on chocolates from China

Chocolate lovers are in for disappointment as the government announced ban on import of cheap chocolates and chocolate products from China. The ban, notified by the Commerce Ministry, covers chocolates and chocolate products, candies, confectioneries and other food preparations with milk or milk solid used as their ingredients....
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