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Has China actually changed the course of its monetary policy? Read Article...

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Pension costs are coming under the hammer as US states look to cut costs. Read Article...

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When the leak surfaced, BP had claimed that the worst-case scenario for the spill was just 1,000 barrels a day. Now an internal document reveals that as much as 100,000 barrels a day could gush out. Read Article...

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Japan has confirmed that it has successfully unfurled the world's first solar sail-a spacecraft that uses the velocity of sunlight to propel it. Read Article...

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Around 85,000 US soldiers in Iraq are pulling out over the next 18 months, and the Pentagon is getting rid of the fixtures and fittings of the bases they live in, some of it at auction, some bound for the black market. Read Article...

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Email might be going away, with only 11% of teens accessing messages-they are either using SMS or Twitter. Read Article...

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A slew of changes in the way mutual funds are created, sold and managed would come about in the next 12-18 months, asserted KN Vaidyanathan, ED, SEBI, in an exclusive interview with Moneylife editor Debashis Basu Moneylife: SEBI has made a lot of changes over the past year. From the investors’...

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Who benefited from the sharp rise in Piramal Healthcare’s price before the Abbott deal? On 21st May, Piramal Healthcare announced that it was selling a part of its business to Abbott Laboratories. While that made the headlines, there was a suspicious case of price rise on the back of large...

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The first banking licence after 17 years The Indian arm of Swiss financial services conglomerate Credit Suisse group has received an in-principle approval from the country’s central bank, the Reserve Bank of India (RBI), to launch banking services here. The multinational company (MNC),...

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The Ambani brothers scrapped their non-compete agreement. However, this means little Mukesh Ambani and Anil Ambani have scrapped the non-compete agreements signed between the two groups in January 2006. But will it end their scrap? Also, since the two brothers have now entered a non-compete...

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Activist groups had opposed the construction of the new runway at Mangalore Mangalore-based Environment Support Group (ESG) and Vimana Nildhana Vistarana Virodhi Samithi (Local Communities’ Alliance against Airport Expansion) have alleged gross negligence and lack of safety standards as the...

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Will mobile number portability (MNP) see the light of day by June-end or will it wait for the start of 3G services? MNP, which will allow subscribers to retain their existing mobile numbers even if they switch to another service-provider, may not be implemented before the 30th June deadline,...

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If you can profit from the distortions in certain emerging markets, but protect yourself, then the potential of the market can be yours. If not, it is far better to simply stay home How do you make money in Africa? The African business environment has been very difficult. According to the World...

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 Two of the major issues concerning Aadhaar revolve around the benefits of having an identity and the risks of losing privacy. This is the first part of a two-part series As the implementation of Aadhaar, formally known as UID, gathers steam with the project entering the prototype...

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Amritha Pillay 21 June 2010
Essar Energy has several power projects planned but these may slow down due to lack of coal linkages and land-acquisition issues While all eyes are on the Ambani brothers for the mega-power projects they are planning to set up, Essar Energy has drawn up ambitious plans that aim to set up...

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Moneylife Digital Team 21 June 2010
Stung by widespread criticism of SEBI’s action in attempting to regulate ULIPs, the government has settled the issue of regulatory turf battle by changing the law In a move that stunned the financial world and dealt a massive blow to the Securities & Exchange Board of India (SEBI), the...

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So, after all, there is some basis for the rumours that all is not well between the ruling Party and its government or, simply put, between Sonia Gandhi and Manmohan Singh. The corridors of power have been buzzing about a growing divergence between what the Party wants and what the government is...

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But so far, all the talk of a divergence of views was just that—talk—at least till 29th March. On that day, Manmohan Singh had to sign the order to reconstitute the National Advisory Council (NAC) with Sonia at its helm once again. The fact that Sonia, who has given Manmohan a sort of long leash...

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he second clear difference was exhibited over the Right to Information Act. This Act was personally pushed by Sonia Gandhi as chairperson of the NAC during the tenure of UPA-I. This law has been seen as the single biggest act of legislative empowerment of the common man and is working well—in...

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A fierce debate is raging over the insult meted to out Amitabh Bachchan by the Congress Party in Maharashtra because he has sought to become the ambassador for promoting Gujarat tourism. The bottom was almost knocked out of Maharashtra’s chief minister (CM), Ashok Chavan, for inviting and then...

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