Tuesday, February 7, 2012

Archive for December, 2009

RBI says to review rates only on Jan 29

Thursday, December 31, 2009 11:20

HYDERABAD, India (Reuters) - The Reserve Bank of India (RBI) will review interest rates at its next policy review scheduled for Jan. 29 and not before, a deputy RBI governor said on Thursday.

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Sensex posts biggest yearly gain since 1991

Thursday, December 31, 2009 10:26

MUMBAI (Reuters) - The BSE Sensex provisionally rose 0.77 percent on Thursday to end the year up 81 percent, its biggest annual gain since 1991.

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Food price data reinforces tightening view

Thursday, December 31, 2009 9:50

NEW DELHI (Reuters) - Food price inflation returned to near 20 percent in mid-December, reinforcing expectations the Reserve Bank could tighten policy in coming weeks to prevent a broader break-out of inflationary pressures.

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Mobile number portability by March 2010

Thursday, December 31, 2009 8:33

NEW DELHI (Reuters) - The government will introduce mobile number portability across the country by March 31, 2010, pushing back its introduction by up to 3 months in parts of the country, the government said in a statement on Thursday. ...

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For investors, 2009 was easy. Now comes 2010

Thursday, December 31, 2009 5:36

LONDON (Reuters) - For some people, investing in 2009 was easy -- just put your money into oversold riskier assets and watch them rise. It looks like 2010 could be a lot more difficult, requiring selection and market timing to bring in the best results. ...

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Asia stocks set for near 70 pct gain in 2009

Thursday, December 31, 2009 4:41

HONG KONG (Reuters) - Asia stocks rose on Thursday, poised for a near 70 percent gain on the year, while the dollar hovered near 16-week highs as a jump in U.S. consumer confidence reinforced views that the world's largest economy was gradually recovering. ...

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Treasury to dole out $3.8 bln to GMAC, raise stake

Thursday, December 31, 2009 0:12

WASHINGTON (Reuters) - The U.S. is injecting another $3.8 billion into GMAC Financial Services to help cover mortgage losses, in a bailout that makes the government the majority owner of the auto and home finance company.

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Times Square, Nasdaq reopened after scare

Wednesday, December 30, 2009 21:58

NEW YORK (Reuters) - New York City's Times Square was closed briefly and three buildings including a Nasdaq building were evacuated in a security scare on Wednesday, a day before the traditional New Year's Eve festivities in the famed intersection. ...

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Ex-McKinsey director may be in Galleon plea deal

Wednesday, December 30, 2009 21:42

By Emily Chasan an Dec 30 (Reuters) - Anil Kumar, a former McKinsey & Co director accused of leaking information in the Galleon hedge fund case, has agreed to waive indictment in the case, signaling that he may have reached a deal with prosecutors that could include a guilty plea....

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Random thoughts on Telangana

Wednesday, December 30, 2009 19:22

Google Telangana and you are likely to find more books on the communist-inspired struggle of the 1940s and 1950s than the separatist agitation of 1969-70 or the one in progress. While there is no link at all between the struggle and the agitations, it is becoming increasingly clear that Telanganas ...

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