Nano may have veered off Singur, but there’s a sliver of hope for the troubled land yet.
Representatives of a Chinese automobile major met chief minister Buddhadeb Bhattacharjee on Tuesday, seeking 600 acres — about the same amount that is ‘undisputed’ in Singur — to set up a small car factory in Bengal.
While the government hopes [...]

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The country is likely to have near zero inflation in certain periods of second half of 2009 on account of economic slowdown and falling commodity prices, says a report by broking house Edelweiss Securities.
Inflation stood at 10.68 for the week ended October 18. “Given the possibility of a further strong softening in commodity [...]

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In a major move to inject an additional estimated Rs 85,000 crore into the system, Reserve Bank of India today cut key deposit requirements for banks by 1 per cent and its short-term lending rate by 0.5 per cent, a decision that may help soften general interest rates.
The decisions to cut the Cash Reserve Ratio [...]

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The government’s decision to table a bill in Parliament to hike FDI cap in private insurance firms was hailed by industry chambers and insurers as a move to bring in much needed capital in the sector.”The insurance sector being a capital intensive sector requires huge investments over a prolonged period of time, and therefore, there is constant [...]

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ArcelorMittal workers in France and Belgium said on Thursday that the company has told them it will stop steel output at some plants this winter as demand drops. 
The Luxembourg-based steelmaker, the world’s largest, declined to confirm that it will temporarily halt output but said it was “taking prudent and responsible steps to adapt supply to [...]

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The more the merrier that’s the SpiceJet story as the race for this low cost airline hots up.
So besides the king of good and bad times Vijay Mallya and Wilbur Ross, SpiceJet’s bankers Rothschild have shortlisted two more bidders till now.
This takes the suitor tally to four, out of which three are just investors [...]

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