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Sensex falls 82 points on low industry production
The Sensex closed down 0.46 per cent on Friday, reversing early gains, after data showed the country’s industrial output in December slowed sharply and Morgan Stanley cut its allocation for emerging market stocks. Industrial output grew just 1.8 per cent in December, its slowest in two months, as sluggish global growth, tight monetary policy from the central bank and government policy paralysis

UP sugar millers' petition against state price rejected

In a major setback to the Uttar Pradesh private sugar millers, the Lucknow Bench of Allahabad High Court today dismissed their petition challenging the fixing of State Advised Price (SAP) for

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Cash mkt turnover at 15-mth high

The markets have been on a roll in calendar 2012, with the Sensex surging 14.8 per cent in this year so far. The rally has also fuelled turnover in the equity cash market; it has touched a 15-month

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Forex reserves down
India’s foreign exchange reserves fell by $177 million to $294 billion for the week ended February 3, 2012, after rising marginally for the previous two consecutive weeks.

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China imports, exports dip as global crisis runs course

China’s imports in January fell the most since the depths of the global financial crisis, raising concerns that demand may be weaker than previously thought even allowing for Lunar New Year

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Now, ATMs can advertise financial products
Banks with a large network of automated teller machines (ATM) will now be able to generate additional revenue by advertising financial products offered by other institutions.

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