The stock market seems to expect little from the Budgets of the United Progressive Alliance (UPA) government. On eight of the past 10 occasions, including the current year, the Sensex has given negative returns during the Budget month. This pessimism seems to be growing with each pass…

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Zeenews Bureau Hyderabad: Terror struck Hyderabad once again. At around seven in the evening twin bomb blasts rocked the city’s Dilsukh Nagar area on Thursday with at least twelve people feared dead in the explosions. The blasts triggered by Improvised Explosive Devices (IED) tied…

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Strike comes a day before the Budget session Major trade unions on Wednesday began a two-day strike, as the beleaguered government prepares to present an austerity budget to parliament and weather a corruption scandal in a big arms deal. Financial services, mining and transport are like…

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Analysts attribute strong FII inflows to signs of RBI easing interest rates and the subsequent impact of improved liquidity position Overseas investors have pumped in a staggering $4 billion into the Indian stock market in the first two weeks of February, taking the investment tally to $…

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Indian Oil Corp (IOC), the country’s largest fuel retailer by sales, has hiked petrol price by Rs 1.50 paisa per litre and diesel prices by 45 paise per litre. Moneycontrol Bureau Indian Oil Corp (IOC), the country’s largest fuel retailer by sales, has hiked petrol price by…

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State-owned oil companies (OMCs) are likely to announce a hike in petrol price tomorrow, though a decision on an increase in diesel price could be delayed for a few days, a top oil company official said. “We will have a look at petrol price revision tomorrow but diesel price review…

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Tata Motors Ltd said global vehicle sales in January fell 16% to 1,01,112 vehicles, the third consecutive monthly slide, but sales at its key Jaguar Land Rover unit rose 30% to 38,173 vehicles. Overall passenger car sales stood at 53,881 vehicles during the month, the company said in a s…

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The factory output in Decemeber 2012 stood at 2.7% Indicating persistent sluggishness in the economy, industrial output contracted to 0.6% in December due to poor performance of manufacturing and mining sectors and decline in production of capital as well as consumer goods. The industri…

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The company had posted a profit of Rs 19.31 crore in the year-ago period Realty firm Omaxe today reported nearly 50% increase in consolidated net profit at Rs 28.85 crore in the third quarter of this fiscal. The company had posted a profit of Rs 19.31 crore in the year-ago period. Tota…

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The latest estimate is the worst of all growth projections issued by the govt and RBI India’s gross domestic product (GDP) is estimated to grow an annual 5% in the FY13 fiscal year, a government statement said on Thursday, citing provisional estimates. The latest estimate is the w…

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