Wednesday , 13 November 2019
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Steel prices likely to come down this month

NEW DELHI: Domestic steel prices may come down by as much as Rs 1,000 a tonne this month due to sluggish demand mainly from the construction and infrastructure space.
“In July, steel prices are likely to fall by Rs 1,000 a tonne mainly due to lack of demand from infrastructure firms amid the monsoon season,”

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Munnalal on food task force panel

PANAJI: Prominent Vasco-based businessman Mr Munnalal R Halwai has been appointed member of the Task Force Goa of the Ministry of Food Processing Industries, government of India recently.

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Food inflation to come down in coming weeks: Pawar

NEW DELHI: The Union Agriculture Minister, Mr Sharad Pawar on Friday said the decline in prices of most agricultural commodities in coming weeks will bring down the food inflation, which is 12.63 per cent now.

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Sesa Goa launches mobile health unit in Rivona

PANAJI: In line with Sesa Goa Ltd’s community development programmes and its commitment to provide basic health-care access to local communities, Sesa Goa Ltd launched a mobile health unit at Rivona on July 2, said a press release.

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Mercedes Magazine debuts in India

MUMBAI: Mercedes-Benz India has announced the launch of Indian edition of its international magazine called ‘Mercedes Magazine’ in India. The magazine was launched at the hands of the award-winning Bollywood actress Vidya Balan and Dr Wilfried Aulbur, managing director and CEO, Mercedes-Benz India, said a press release.

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Indian beverage body formed

PANAJI: Leading Indian companies with direct and allied interests in the non-alcoholic beverage industry have come together to form the Indian Beverage Association (IBA).

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Telecom stocks hog limelight, push Sensex up 182 pts

MUMBAI: The Bombay Stock Exchange benchmark Sensex rallied for the second straight session on Friday and ended 182 points up, fuelled by sharp gains in telecom stocks, led by the country’s top mobile services operator Bharti Airtel.

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IMF pegs India’s growth at 9.50%

WASHINGTON: India’s growth will accelerate to about 9.50 per cent in 2010 as robust corporate profits and favourable financing conditions fuel investment, and then settle to 8.50 per cent in 2011, according to International Monetary Fund (IMF) projections.

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Food inflation eases to 12.63%; fuel prices up 18%

NEW DELHI: Annual food inflation eased to 12.63 per cent for the week ended June 26, but fuel inflation shot up to 18.02 per cent after the hike in rates of petroleum products. The rate of price rise of food items was 12.92 per cent in the previous week ended June 19.

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