Real GDP growth to be 7.7%: CMIE
Press Trust of India MUMBAI, Dec. 22: Economic think tank Centre for Monitoring Indian Economy has said it is expecting the economy to recover in the fourth quarter with a real GDP growth of 7.7 per

Peerless to enter MF business
Statesman News Service KOLKATA, Dec. 22: The Peerless General Finance & Investment Company Limited today announced that it has got the preliminary in-principle approval from Sebi to set up its Asset

BoB & BoI cut interest rates
MUMBAI, Dec. 22: Taking cues from the country's largest lender, State Bank of India, two more public sector banks ~ Bank of India and Bank of Baroda ~ today reduced their lending and deposit rates by

Govt lifts ban on cement export
Press Trust of India NEW DELHI, Dec. 22: With easing of prices, the government today announced lifting of ban on cement exports giving relief to the industry starved of orders from the depressed cons

Biz Briefs
Review meet NEW DELHI, Dec. 22: A high-level committee of the financial sector headed by RBI Governor Dr D Subbarao today reviewed measures adopted by the apex bank and the government to combat the i

Set up land bank corps: CII
Statesman News Service NEW DELHI, Dec. 22: For faster economic development and employment generation through infrastructure development the Land Acquisition (Amendment) Bill, 2007, that was introduc

Tatas secure JLR funding: Report
LONDON, Dec. 22: Indian conglomerate Tatas have secured “last minute funding” for Jaguar Land Rover as the bankers were convinced that the UK government will prevent a collapse of the luxury car maker

Fuel prices may be cut before polls
Press Trust of India NEW DELHI, Dec. 22: The government may further reduce petrol, diesel and domestic LPG prices just before the general elections are announced in February, a senior official said.