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Prompt action from RBI if inflation demand driven: Dy Gov
Amid rising food inflation, the Reserve Bank of India (RBI) today said it will take "prompt action" if it felt the price rise is due to demand factors.

SAIL may raise prices in January
After cutting steel prices in the past two months, state-run Steel Authority of India Ltd (SAIL) today said it was looking to raise the rates next month following a recovery in demand.

News of the day

IDBI in talks to buy private bank
IDBI Bank Chairman and Managing Director Yogesh Agarwal today said that the public sector player had completed due diligence on a private bank for possible acquisition.
Business Ideas

Keeping Bush at arm's length

CPI(M) Politburo member Sitaram Yechuri was invited to participate in the Hindustan Times Leadership Summit. While giving him the invite, the organisers told him about the other participants, including former US president George Bush. When Yechury was asked the time that would be convenient to him, he made just one request — ensure the maximum possible time gap between his and Bush’s sessions. Bush addressed the summit on Saturday morning while Yechury, along with the Bharatiya Janata Party’s Sushma Swaraj and Shiromani Akali Dal’s Sukhbir Singh Badal, took the stage after a few hours.


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