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Industry captains demand economic revival package
Stung by the gross domestic product (GDP) growth slowing to a nine-year low of 6.5 per cent in 2011-12, industry on Thursday demanded a revival package to put the country’s economy back on higher growth path. “A comprehensive ‘Economic Revival Package’ has to be announced at the earliest,” Confederation of Indian Industry Director General Chandrajit Banerjee said. Demanding

Telecom spends: Everyone's a loser in the 2G aftermath

The 2G scam drama unfolds with an ever increasing list of villains and victims. The advertising and allied fraternity could be the latest to join the second list. Wondering how? Here's your

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SC notice to all states, industry chambers on presidential reference

The Supreme Court will begin on July 10 its hearing on the presidential reference moved by the government on issues that emerged from the court's order to cancel 122 telecom licences issued in

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IIP data comes under the scanner, yet again

As the index of industrial production (IIP) for March declined 3.5 per cent, the capital goods segment was once again the primary factor behind the fall, showing extreme volatility and contracting

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India's industrial output dips 3.5 percent in March (Roundup)
India's industrial output shrank 3.5 percent in March from a year earlier, driven by poor performance of manufacturing and mining sectors, dampening hopes of an early revival of growth, government data showed Friday.

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Little room to cut interest rates: RBI

Despite growth and inflation balance shifting favourably, the Reserve Bank of India (RBI) foresees inflationary pressures in the medium and long term. In the present economic environment, there is

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