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Sonia Gandhi elected CPP leader — Left's decision on joining Govt tomorrow
THE Congress President, Ms Sonia Gandhi, on Saturday was elected the leader of the Congress Parliamentary Party (CPP) and moved a "small" step closer to taking over as the Prime Minister of a coalition Government at the Centre for which cobbling ...
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Clean-up drive by public sector banks — NPA proportion set to drop in 2004-05
BANK balance sheets seem set to wear a squeaky clean look at the end of the current fiscal. The clean-up drive initiated by the public sector banks is set to culminate in a number of them reporting zero net non-performing assets (NPA) in 2004-05. ...
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CPI(M) blames `bear cartel' for Sensex crash — Opposes profit-making PSUs sale
THE Communist Party of India (Marxist) on Saturday reiterated its opposition to privatisation of profit-making public sector undertakings (PSUs), while ascribing the 330 points crash in the Sensex on Friday to the operations of a `bear ...
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Foreign broking firms turn bearish
FOREIGN broking firms have suddenly turned pessimistic on Indian equity market and changed their outlook particularly on sectors such as banking, power and energy. Their fear is that the new Government with Left parties support will go slow on ...
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Jet to decide on fuel surcharge or fare hike soon
WITH international oil prices ruling at a 13-year high, Jet Airways will decide within the next two to four weeks on whether to impose fuel surcharge or increase air fares. ``If fuel continues to stay high, we would have to consider a fuel ...
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Bank credit dips by Rs 141 cr
GROSS bank credit in the system declined for the second consecutive fortnight in April. Bank credit dipped by Rs 141 crore during the fortnight ended April 30, 2004, to touch Rs 8,65,080 crore, as per the latest Reserve Bank of India (RBI) ...
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