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Business / Finance - Economy and Government
Govt may allow private sector investment in education
The Centre plans to allow the (for-profit) private sector to set up educational institutions and tap the capital market, thus aiming to plug the funding gap in the education sector. In this regard, the Human Resource Development (HRD) ministry has asked Ma...
Business Standard Fri, 20 Nov 2009 19:10:00 GMTDefence offsets rise to Rs 8,000 crore
94% foreign investment in aerospace alone.
Business Standard Fri, 20 Nov 2009 19:08:00 GMTIndia doubles billionaires; Mukesh Ambani tops list
A buoyant stock market and a still-robust economy have nearly doubled the number of billionaires in India, according to the Forbes' Rich List.
IB Times Fri, 20 Nov 2009 04:00:36 ESTGovt may rework pricing Ordinance for sugarcane
The Manmohan Singh government is trying to find a middle path in the impasse over the recent sugarcane pricing Ordinance that created an uproar inside and outside Parliament today. According to top sources in the United Progressive Alliance (UPA), the gove...
Business Standard Thu, 19 Nov 2009 19:10:00 GMT3G auctions to be on schedule, says EGoM
Uncertainty over auctions of 3G or third generation telecom services ended today, with the empowered group of ministers (EGoM) deciding to stick to the January 14 date with a slight modification.
Business Standard Thu, 19 Nov 2009 19:03:00 GMTSpanish banks: Savings and groans
Misery for the cajas does not mean joy for the banksSPAIN’S banks face a grim 2010. True, the listed banks made over €4 billion ($6 billion) in net profits in the third quarter of this year. But most economists predict that Spain will not emerg...
Economist Thu, 19 Nov 2009 10:39:48 GMTPublic-sector finances: The state's take
Governments differ dramatically in how they tax—and how much they raiseTHANKS to the collateral damage from the financial crisis, government deficits have surged across the rich world. Once the recovery is entrenched this fiscal deterioration will ne...
Economist Thu, 19 Nov 2009 10:39:48 GMTRebuilding UBS: Ossie's casino
UBS wants to grow, but its supervisors want it to shrink“I’D LIKE to see us put more risk on the table and actually trade a bit harder.” In these times, such words from any banker might be enough to cause a little concern. Coming from the...
Economist Thu, 19 Nov 2009 10:39:48 GMTThe European Union lashes out at hedge funds and private equity“WHEN a fight breaks out in a bar, you don’t hit the man who started it. You clobber the person you don’t like instead.” That is the cynical verdict of a fund-management...
Economist Thu, 19 Nov 2009 10:39:48 GMTChina's exchange-rate policy: A yuan-sided argument
Why China resists foreign demands to revalue its currencyPRESIDENT BARACK OBAMA, on his first visit to China this week, urged the government to allow its currency to rise. President Hu Jintao politely chose to ignore him. In recent weeks Jean-Claude Triche...
Economist Thu, 19 Nov 2009 10:39:48 GMT
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