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NEW DELHI: Prime Minister Dr Manmohan Singh, who now also holds the finance portfolio, on Wednesday took stock of the economy with deputy chairman of Planning Commission Mr Montek Singh Ahluwalia and PMEAC chairman Mr C Rangarajan amid slowing growth, high inflation and damp investor sentiment.
MUMBAI: Extending its gains for the second straight day, the Sensex on Wednesday advanced by 61 points led by metal and power stocks amid hopes of faster economic reforms with Prime Minister Dr Manmohan Singh himself taking over the additional charge of Finance Ministry.
MUMBAI: Leading American investment bank Morgan Stanley on Wednesday said it maintains the “underweight” rating on State Bank of India, with a target price of ` 1,425 a share, as it sees asset quality issues at the nation’s largest lender.
PANAJI: Bank of India, Goa Zone has opened its 46th branch at Cuncolim, Salcete on June 23 and was inaugurated by Mr Rajan K Naik, MLA, Cuncolim in the presence of SP Tony Fernandes, zonal manager, Bank of India - Goa Zone, Mr K K Arora and senior branch manager Mr Anjan Dey.
MUMBAI: Financial inclusion facilitating firm Fino on Wednesday said it has acquired Finnish handset-maker Nokia’s mobile payment services business in the country for an undisclosed sum that will help it enter prepaid mobile payments segment.
NEW DELHI: More than half of India’s total export earnings went into buying petroleum, particularly, crude imports in 2011-12, thereby seriously impacting the country’s overall economy, according to a paper released by industry body Assocham.