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Popular Articles

IIFCL to raise $500 mn through UK subsidiary
State-owned infrastructure funding company IIFCL is planning to raise US$500 million (Rs 2,500 crore) through its UK-based subsidiary for financing import of capital goods for infrastructure development.

Equity market harvest seen at new high
Companies plan to benefit from the high inflow of foreign funds.

News of the day

False dawn
US jobs: Optimism over the small decline in the US unemployment rate is premature. The stock market enjoyed a mini-rally after the government reported that the jobless rate had fallen to 9.4% from 9.5%. But this was caused by a decline in the labour force, which is not a sign of economic revival. The fiscal and monetary mess could lead to a halting recovery with ongoing job losses.
Business Opportunities

Govt to pass Right to Food Act, says FM

Finance Minister Pranab Mukherjee on Sunday said the government would pass the Right to Food Act to promote inclusive growth, a concept that has been pursued by the Congress since Independence. “We are going to pass the Right to Food Act,” Mukherjee said while speaking at the Economic Times Award-2009 function in the national capital.


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