By 2013-15, India will outpace China’s growth, predicts Morgan Stanley, basing its arguments on the same old demographic facts. A Morgan Stanley (MS) report dated 13th August makes a bold statement: By 2013-15, India will start outpacing China’s gross domestic product (GDP) growth. A…

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Tata Global Beverages, formerly Tata Tea Ltd, is considering restructuring the company’s operations at various levels and aiming to launch a new nutrition-based beverage, top officials said on Monday. “We are looking at merging like businesses. Whenever we believe there is sc…

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U.S Stocks rose Tuesday after reports showed the first rise in wholesale prices since March and a big jump in industrial production. A slight improvement in the weak housing market and better-than-expected earnings from Home Depot Inc. and Wal-Mart Stores Inc. also gave investors a reaso…

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Companies hire at slow pace for 3rd straight month Private employers added 71,000 jobs in July; unemployment rate unchanged at 9.5 percent Christopher S. Rugaber, AP Economics Writer, On Friday August 6, 2010, 10:34 am WASHINGTON (AP) — Companies showed a lack of confidence abo…

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Add the lustre of yellow metal to your portfolio. However, analysts advise you to space out the purchases with some care. Investing in gold may become more lucrative. Post the yellow metal hitting a three-month low last week, both retail investors and buyers might find that entering the …

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The government will give Rs 14,000 crore in cash to Indian Oil, Bharat Petroleum and Hindustan Petroleum to make up for the losses incurred on selling fuel below cost in the first quarter of 2010-11 fiscal. The Finance Ministry today sought parliamentary approval for additional spending …

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The market regulator has accessed its IMSS to get precise data of precisely who traded in the shares in the first few minutes and what caused this bizarre difference in the listing price The Securities and Exchange Board of India (SEBI) has commenced investigation into the strange price …

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Hibah Yousuf, staff reporter, On Monday August 2, 2010, 1:29 pm EDT Federal Reserve chairman Ben Bernanke said Monday that the U.S. economy faces a long and bumpy ride ahead to overcome the deepest recession since the Great Depression, though the worst is over. Speaking to politicians …

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Declines to be part of banks’ sector-wide loan recast; move may weigh with RBI. Jet Airways, India’s largest passenger airline, has disassociated itself from a move to restructure the ballooning debts of the aviation industry. The debt recast initiative has been launched by Indian Ba…

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By Courtney Schlisserman – Jul 31, 2010 9:30 AM GMT+0530 Sat Jul 31 04:00:33 UTC 2010 The world’s largest economy will probably keep cooling in the third quarter as a lack of jobs prompts American consumers to rein in spending. The economy in the U.S. grew at a slower-than-forec…

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