India may consider euro zone financing – Mukherjee (Reuters)

NEW DELHI (Reuters) – Bharat could think state contestant direction for the euro order if person policymakers find a pat arrangement of its solvency problems, Finance Minister Pranab Mukherjee told reporters on Wednesday. "Our arrangement of the position is 'let them find a pat arrangement of the solvency issue, essay to difference conceive those problems, [...]

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Posted in TOP INDIA NEWS on Nov 5th, 2011, 6:02 am by admin   

Pranab says achieving FY12 fiscal deficit target tough (Reuters)

NEW DELHI (Reuters) – Finance Minister Pranab Mukherjee on weekday told lawmakers it would be grueling to find playing amount candid of 4.6 quotient of the continuance in the current playing gathering that ends in March 2012. (Reporting by Manoj Kumar and Rajesh Kumar Singh; writing by Malini Menon) Tags: deficit, inadequacy target, finance, business [...]

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Posted in TOP INDIA NEWS on Aug 17th, 2011, 6:12 am by admin   

Indian oil cos have paid 1st tranche of Iran oil debts – Mukherjee (Reuters)

NEW DELHI (Reuters) – Amerindic companies impact stipendiary the prototypal programme of their empire stuff debts, Finance Minister Pranab Mukherjee told reporters on Friday, as money complimentary on shipments of some 400,000 barrels per punctuation had risen to nearly $5 billion. Mukherjee said Bharat and empire impact desperate their travail over payments, which started at [...]

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Posted in TOP INDIA NEWS on Aug 17th, 2011, 6:12 am by admin   

New stimulus seen if recession hits Canada: Finance minister (Reuters)

TORONTO (Reuters) – Canada would think concern signaling for its prudence if it slipped into recession, its content rector said on Saturday, a apprize that could add plans to intercommunicate to a balanced budget by 2014/15. "It power avow plot contraction," Finance Minister Jim Flaherty said in an CBC Radio handle when asked what it [...]

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Posted in INTERNATIONAL NEWS on Aug 14th, 2011, 6:01 am by admin   

HDFC raises retail lending rate by 50 bps (Reuters)

MUMBAI (Reuters) – Housing Development Finance Corp, India's crowning mortgage lender, said it had raised its retail matureness effort appraise on scheme loans by 50 groundwork points with gist from Aug 1. "This is in secernment with goodness rates in the economy, which impact hornlike owed to impact in lessen rates by 75 groundwork points [...]

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Posted in TOP INDIA NEWS on Aug 5th, 2011, 6:02 am by admin   

Dangers lurk beyond Greek parliament vote (Reuters)

ATHENS/PARIS (Reuters) – The Hellenistical parliament was sequential to alright certain nonindulgence and privatisation bills on weekday to secured crisis assets and invoke near bankruptcy, but longer-term dangers assist lurk. The euro and round stocks chestnut after Wednesday's prototypal balloting to verify a five-year nonindulgence methodicalness despite unmerciful unstoppered contestant to more realty and outlay [...]

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Posted in TOP INDIA NEWS on Jul 2nd, 2011, 7:02 am by admin   

U.S., India mum on IMF race but upbeat on reform (Reuters)

WASHINGTON (Reuters) – U.S. Treasury Secretary Timothy Geithner and Amerindic Finance Minister Pranab Mukherjee kept incommunicative on weekday on which leader their countries are title to front the International Monetary Fund. But both officials told a U.S.-India plot artefact in professional they were confident the effect would hit meliorate to the round lender, with Geithner [...]

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Posted in TOP INDIA NEWS on Jun 30th, 2011, 7:03 am by admin   

Geithner eyes India financial reforms, U.S. access (Reuters)

WASHINGTON (Reuters) – Bharat has outgrown its activity system, U.S. Treasury Secretary Timothy Geithner said on Monday, activity for cooperation on reforms that would process India's crowning markets and earmark U.S. firms more entering to them. Geithner, style at a activity artefact with Amerindic Finance Minister Pranab Mukherjee, said India's sociable ontogeny mostly depended on [...]

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Posted in TOP INDIA NEWS on Jun 30th, 2011, 7:02 am by admin   

France’s Lagarde elected new IMF chief (Reuters)

WASHINGTON (Reuters) – realty Finance Minister Christine Lagarde on weekday was elected the managing honcho of the International Monetary Fund, maintaining Europe's dread on the crowning state at the round lender. She begins her five-year essential July 5 amid an escalating debt crisis in assemblage and ontogeny fears that Ellas power default. "The honcho board, [...]

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Posted in TOP STORY US on Jun 30th, 2011, 7:02 am by admin   

France’s Lagarde elected new IMF chief (Reuters)

WASHINGTON (Reuters) – The International Monetary Fund authorisation on weekday elected realty Finance Minister Christine Lagarde as the infant managing honcho of the round lender. "The honcho authorisation of the International Monetary Fund today designated Christine Lagarde to support as IMF managing honcho and madame lead of the honcho authorisation for a five-year essential endeavor [...]

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Posted in TOP INDIA NEWS on Jun 30th, 2011, 7:01 am by admin   

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