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Last updated: Friday, September 04, 2015 11:46:17 PM

'Increased borrowing will hamper interest rate cuts'
New Delhi, March 27 (IANS) The high government borrowing targets will leave very little room for interest rate cuts, Cabinet Secretary K.M. Chandrasekhar said Friday, adding that the troubled time is yet to come for the Indian Economy.

Friday, March 27, 2009 5:33:14 PM

India's growth to be around 6 percent this fiscal: Moody's
New Delhi, March 27 (IANS) The tough economic condition will prevail, restricting India's economic growth to 6.3 percent this fiscal and 5 percent in the next financial year, and forcing the central bank to cut repo rate by 4 percent, the economic arm of Moody's predicted in a statement Friday.

Friday, March 27, 2009 4:53:43 PM

Markets end in green after fluctuating trade
Mumbai, March 27 (IANS) Indian equities markets closed in the green Friday, with a key index fluctuating through most part of the day and ending trade 0.45 percent higher than its previous close.

Friday, March 27, 2009 3:48:05 PM

Southeast Asia planning to increase trade with northeast India
Agartala, March 27 (IANS) Members of the Association of South East Asian Nations (ASEAN) will intensify business with the eight northeastern states of India, diplomats said here Friday.

Friday, March 27, 2009 3:29:10 PM

Output of core industries up 2.2 percent in February
New Delhi March 27 (IANS) Despite an 8.3 percent growth in cement production and 6 percent in coal output, the composite index for six core industries logged a mere 2 percent expansion in February, against 7 percent in the like month of last fiscal.

Friday, March 27, 2009 3:17:42 PM

Punjab National Bank rules out further cut in interest rates
New Delhi, March 27 (IANS) The state-owned Punjab National Bank (PNB) feels it would be difficult to lower lending rates any further if the government did not slash interest rates on existing deposits.

Friday, March 27, 2009 2:32:00 PM

Indian economy will turn 'significantly worse' in 2009: Ahluwalia
New Delhi, March 27 (IANS) The Indian economy will log a growth of less than 7 percent this fiscal with 2009 turning 'significantly worse' as the current economic crisis was unlikely to end soon, Planning Commission Deputy Chairman Montek Singh Ahluwalia said Friday.

Friday, March 27, 2009 12:41:29 PM

James Otis apologises for auctioning Gandhi items
New Delhi, March 27 (IANS) US collector James Otis, who sparked a row by putting up for auction Mahatma Gandhi's belongings earlier this month, Friday apologised here for unintentionally hurting Indian sentiments. He said the money generated from the auction would go to organisations promoting Gandhian values.

Friday, March 27, 2009 12:36:47 PM

Markets in the red after positive start
Mumbai, March 27 (IANS) Indian equities markets slipped back into the red Friday after starting in the green. About an hour into trade, a key index was ruling 0.48 percent below its last closing figure.

Friday, March 27, 2009 11:07:31 AM

Another first by Nano: online booking
New Delhi, March 27 (IANS) Tata Motors is offering what insiders say is another first in the Indian automobile industry - online booking.

Friday, March 27, 2009 10:34:58 AM

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