After opening higher, the markets continued the positive run. The Sensex was at 17,970 higher by 131 points and the Nifty added 36 points to 5401. The Asian markets continued to trade on a positive note, the NIkkei225 jumped 334 points to 9541, Taiwan Weighted added 65 points to 8533 and…

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Says they can’t lend liquidity adjustment facility funds in overnight money market. Banks have come under fire from the Reserve Bank of India (RBI) for lending funds borrowed under the liquidity adjustment facility (LAF) in the overnight money market. LAF funds are meant to meet banks�…

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French military jet opens fire in Libya A French plane has fired the first shots in Libya as enforcement of the UN-mandated no-fly zone begins. The target was a military vehicle, the French defence ministry said. It came hours after Western and Arab leaders met in Paris to agree a cours…

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Prime Minister Manmohan Singh today appeared to raise doubts over the veracity of diplomatic correspondence cited by the Wikileaks and insisted that he had “not authorised anybody” to purchase votes nor was he involved in any such “transactions”. “I think, p…

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New Delhi: The WikiLeaks India cables have produced some more explosive details. The latest one is on the controversial voting on the 2008 Indo-US civil nuclear deal. WikiLeaks says five days before the first United Progressive Alliance (UPA) government of Manmohan Singh faced a crucial …

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The markets continued to trade on a soft note ahead of the mid-term policy review amid weak global cues. After opening in the red the markets continued to trade in the negative territory the Sensex slipped 70 points to 18,287 and the Nifty had shed 20 points to 5491. In other Asian mark…

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Japan’s nuclear crisis appeared to be spinning out of control after workers withdrew briefly from a stricken power plant because of surging radiation levels and a helicopter failed to drop water on the most troubled reactor. In a sign of desperation, police will try to cool spent n…

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Boosted by incentives announced by the Ministry of New and Renewable Energy (MNRE), car maker Mahindra Reva Electric Vehicle (MREV) has recorded a three-fold rise in average monthly sales in the last three months. “Following the 20 per cent subsidy announced by MNRE, average monthly sa…

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Japan’s Prime Minister said the danger of further radiation leaks from a crippled nuclear power station is rising after three explosions and a fire at the site 135 miles north of Tokyo. Naoto Kan appealed for calm in a televised address, saying his government was doing its utmost to co…

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Markets continued to trade on a positive note on back of buying visible across sectors. The Sensex was at 18,365 higher by 191 points and the S&P CNX Nifty was at 5492 higher by 47 points. Reliance Infrastructure was the top gainer among the Sensex stocks, the stock added 2.5% to Rs…

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