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Home, auto loans to become costlier

MUMBAI: Home, auto and other loans are set to become costlier with the Reserve Bank of India (RBI) Tuesday hiking key short-term rates to contain inflation, while giving relief to small savers by increasing the savings bank rate to 4 per cent from 3.5 per cent now.

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Threats to journalists less now in South Asia: report

NEW DELHI:  On World Press Freedom Day on Tuesday, a report by the International Federation of Journalists  said that in comparison to previous years there was less threat to media person’s life in 2010 in South Asian countries, though challenges of decent wages and working conditions remain the same.
Moreover, the “sharp deterioration of an already bad situation in Pakistan far outweighed the relative improvement in the other seven countries” in the region, it added.

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Joshi submits PAC report on 2G scam

NEW DELHI: Unmindful of  ‘rejection’ of the draft report on 2G scam by UPA members, the PAC chairman, Mr Murli Manmohar Joshi on Saturday submitted it to the Lok Sabha Speaker, Ms Meira Kumar and insisted that it be tabled in Parliament.

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Infosys names K V Kamath as new chairman

BANGALORE: Infosys Technologies Ltd on Saturday appointed Mr K V  Kamath its new chairman, succeeding Mr N R  Narayana Murthy.
Mr Kamath will take over as the head of the IT bellwether on August 21 when incumbent founder chairman Mr Murthy will retire on reaching the age of 65.

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