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Rajeev Malik: The global risk on-off fireball
The combination of India’s economic structure and recent dynamics positions it as a unique global risk on-off trade. Thus, when global risk-on is in play, as is the case now, all appears deceptively OK for India. Portfolio inflows are on a roll, equity markets are heading higher and there is general optimism in the air. There is, of course, ample reflexivity in play as well — investors

Rupee fortune swings on FII mood, volatility in capital flows

With volumes thinning as compared to other currency markets, the rupee-dollar market sways to the whims of the overseas investors as they pull out or flood the domestic markets with capital flows.

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Rupee climb linked to fund inflows, RBI intervention

The rupee is expected to keep a firm grip on the upward trajectory, backed by support from the Reserve Bank of India (RBI) and improving risk appetite globally. However, risks of fresh concerns from

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Muslim pilot fired over fears he might copy 9/11

London: A Muslim pilot working for a well-known British carrier has said he was fired because his bosses feared he might copy the September 11 terror attack. The London-based pilot who was not named

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Cover daycare procedures, says Irda chief
Insurance Regulatory and Development Authority (Irda) chairman J Hari Narayan has asked health insurance companies to devise products to cover daycare procedures.

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Rupee at fresh 2-month high on inflows

Attractive interest rates on term deposits for non-resident Indians (NRIs) and investment options in domestic debt played in favour of the rupee, as it traced its way back to two-month high levels. On

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