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GENERAL

India Business Confidence on Decline in Last 3 Months

Indian business sentiment fell for the first time in three months in March 2016 as companies faced lower demand amid rising input prices on the back of the weak rupee, though political atmosphere remained stable after the release of JNU student leaders. The MNI India Business Sentiment Indicator, a gauge of current sentiment among BSE-listed companies, fell to 62.7 in ...

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Ananda Gajapati Raju of Vizianagaram Ruling Clan Dies

Ananda Gajapati Raju, 65, former MP and twice state minister of Andhra Pradesh, died on Saturday after prolonged illness. His brother and Union Aviation minister Ashok Gajapati Raju rushed from Delhi to Vizag after learning the news. He was rushed to the hospital from his residence in Vizag at 7.45 a.m. with respiratory problem and all efforts to revive him ...

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Handling volatile capital flows–the Indian experience

BY POONAM GUPTAADD COMMENT Capital flows to emerging economies are considered to be volatile. Influenced as much by global liquidity and risk aversion as by economic conditions in receiving countries, capital flows move in a synchronous fashion across emerging economies. There are periods of rapid capital inflows, fueling credit booms and asset price inflation; followed by reversals when exchange rates ...

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India Internet Users Now More Than US Population Put Together

India’s current Internet users have crossed 352 million with the liberal addition of 52 million in the first half of 2015 by IAMAI, whose report is apparently based on estimates and not on empirical data. Otherwise, the number is overwhelming as it is more than the entire population of the US put together. As of 2014, the US population was ...

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Sensex Crashes by 1100 Points

While the market is going agogue over the sudden crash of Sensex by 1100 point in intra-day trading on Monday, eroding about Rs.4 lakh crore from the pockets of shareholders, there is one reason for optimists to smile.  BUY now! Many TV show experts are suggesting the move to buy but foreign investors are driven by the ripple effect created ...

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India Seeks to Block Onion Exports, Increase Imports to Control Price

onions

With the onion prices skyrocketing, the Indian government has cracked whip on rising prices of onions in the country going for a faster track imports and a tender has been floated for 10,000 MT of Onions which will be opened on 27th August, 2015. Currently, the onion prices are in the range of Rs. 80 (US$1.2) per kilogram. To offset the ...

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Supreme Court relents, Allows CBSE 2 Months to Hold AIPMT 2015

Following the CBSE’s inability to conduct the cancelled AIPMT 2015 entrance exam within a month, the Supreme Court on Friday gave two months time to the Board to conduct the exam, preferably before August 16. Following paper leak and mass copying reports, the apex court cancelled the AIPMT held on May 3 and asked the board to re-conduct the AIPMT ...

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Choice Based Credit System Not to Hamper Academic Liberty, Clarifies UGC

The UGC has clarified that the introduction of Choice Based Credit System will not in any way hamper the academic liberal environment of the universities, despite rumblings from several institutions and universities in the country. The University Grants Commission (UGC) has been trying to introduce the Choice Based Credit System (CBCS) for quite some time and guidelines have been framed ...

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Ramzan 2015: Muslims’ Month-Long Fast Begins

Ramzan, the ninth month of the Islamic lunar calendar, began on Thursday with Muslims observing daytime fasting and converging in Iftar parties in the night to break their day-long fast, an occasion for both social gatherings and religious get-together. President of India Pranab Mukherjee has greeted all fellows Muslims on the occasion of the commencement of the holy month of ...

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