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Commuters walk past the BSE building in Mumbai

BSE Sensex recovers on rate cut hopes, valuations
The BSE Sensex and Nifty recovered on Monday after earlier hitting their lowest intraday levels since early January, as hopes for interest rate cuts sparked gains in banks, while bargain-hunting lifted blue chips such as Larsen & Toubro. Falling oil prices as well as declining core inflation and growth in India give the Reserve Bank of India room to adjust interest rates, a deputy governor said on

Indian shares recover on rate cut hopes, valuations
* Indian shares recover on rate cut hopes

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Bhopal gas victims slam Chidambaram

Bhopal: Leaders of five organizations of survivors of the Union Carbide disaster Monday faxed a memorandum to Union Home Minister P Chidambaram a day before his visit to Bhopal reminding him of the

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IGL gets boost from favourable HC ruling

A Delhi High Court order on Friday, stating that the Petroleum and Natural Gas Regulatory Board (PNGRB) does not have the power to fix gas rates, gave a big relief to city gas distribution company

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Letters: Is a fuel price hike inevitable?

The increase in petrol price by Rs 7.50 per litre met with howls of protest from almost all quarters. The Bharat Bandh, on May 31, received spontaneous support from the entire political spectrum,

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Under huge financial strain: Oil marketing companies
Three state-run oil marketing companies Sunday said they are under "huge financial strain" due to selling diesel, kerosene and cooking gas at subsidised rates and would have reported a combined loss of Rs.132,000 crore had the government not assisted them.

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