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CRR lowered by 50 bps, key rates unchanged

RBI buys bonds worth Rs 9,857 cr under OMO
As part of its programme to infuse liquidity, the Reserve Bank has bought bonds worth Rs 9,857.42 crore through open market operations (OMO) against a target of Rs 10,000 crore. Four securities were on offer for OMO conducted yesterday and RBI subscribed to all of them, the central bank said in a statement. In Images: Toyota Innova's 2012 avatar features new design While government securities (G-Sec)

FCC plans to nix wireless network that may jam GPS
Federal officials plan to kill a proposal to build a new national high-speed wireless network after concluding it would in some cases jam personal-navigation and other GPS devices.

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Review: 3 online services that track your spending

My approach to tracking my spending has traditionally been to wait for credit card bills to come, then (hopefully) pay them off. Three new online services promise to help you do a better job of

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Sebi reserves 15% for small investors in share buybacks

The Securities and Exchange Board of India (Sebi) on Tuesday introduced a 15 per cent reservation for small shareholders in buyback offers. The securities market regulator has defined ‘small

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Kindle-wielding Amazon dips toes into physical world

Amazon.com Inc is dipping its toes into the physical world as the largest online retailer offers more products in stores that may benefit from hands-on interaction with shoppers. Analysts said the

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Sensex up 102 pts on robust US jobs data, FII buying

Indian shares rose for the fifth straight session on Monday, ending 0.58 per cent higher, after last week’s robust US jobs data helped improve risk appetite, but the rally in the local market

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