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Only govt investment in infra can save realty: CBRE

Firstpost spoke to Anshuman Magazine, Chairman and Managing Director of property consultancy firm CBRE on the issues plaguing the sector.

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Eurozone unemployment hits new record, rises to 11% in May

Unemployment in the 17-country euro currency bloc hit another record in May as the continent teetered on the edge of recession because of its crippling financial crisis.

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See Re regaining 50 level by March: Crisil

Crisil said the recent fall in the rupee is characterised by higher impact of the country's rising vulnerability and relatively lower impact of external shocks.

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Nitish’s growth drive: Zooming vehicle sales in booming Bihar

Good roads, improved law and order and good governance help Bihar’s growth momentum going.

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Foreign client complaints rise at Swiss banks: Ombudsman

Swiss banks recorded an increase in the number of complaints from their foreign customers in 2011, although the number of their total customer complaints declined, Switzerland's banking ombudsman said...

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Cabinet may decide on IT, electronics policies next week

The Draft National Policy on IT envisages increasing revenues of IT and IT-enabled services industry from $88 billion at present to $300 billion by 2020.

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Karnataka govt recommends approval of 8 iron ore mines

The court had partially removed the mining ban earlier this year by allowing mining by category A mines besides approving NMDC's output of 1 million tonnes per month.

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PE deals lose $3.6 bn in value so far in 2012: E&Y

Private equity players exited from as many as 53 investments in the first six months of this year as against 42 in the year-ago period.

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3G roaming pacts hold key to viability of services

If 3G roaming pacts are finally deemed invalid, telcos are going to find it difficult to expand the market for high-volume data services

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I couldn’t create open, flat, transparent group: Ratan Tata

Tata, however, hoped that he would be able to pass on the legacy to successfully move ahead without compromising value system and ethics.

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Tata Motors Q2 profit at Rs 3,291 cr misses estimates as domestic woes continue

Tata Motors Ltd, India's biggest automaker by revenue, on Friday reported a 7.1 percent drop in its second quarter profit, missing analysts estimate after weaker sales in its domestic business. The...

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Rupee down 17 paise, hits 1-month low

The Indian rupee today fell for the second day and depreciated by 17 paise to end at nearly one-month low of 61.72 against the greenback on sustained dollar demand even as local stock indices surged to...

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Vodafone withdraws Unified Licence plea from Delhi HC alleging arm-twisting

Vodafone today withdrew from theDelhi High Court its plea alleging the Centre is indulging in"arm-twisting" and "coercive" tactics by refusing to sign itsunified licence (UL) till the telecom major...

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HDFC Bank finally gets FIPB approval to hike foreign investment to 74%

The FIPB today cleared the long- pending proposal of HDFC Bank to hike foreign holding in the bank to 74 per cent. The post HDFC Bank finally gets FIPB approval to hike foreign investment to 74%...

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JSW Energy, JP Power shares soar on Rs 9700 crore power deal

Shares of JSW Energy were trading 12.1 percent higher in afternoon trade, while Jaiprakash Power Ventures was up 3 percent after the former agreed to acquire 100 percent stake in Himachal Baspa Power...

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Jaitley at it again, says economy will get boost if RBI cuts interest rates

Pitching for a rate cut by RBI, Finance Minister Arun Jaitley today said lower cost of capital will give a "good fillip" to the economy. The post Jaitley at it again, says economy will get boost if RBI...

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Jaitley at it again, says economy will get boost if RBI cuts interest rates

Pitching for a rate cut by RBI, Finance Minister Arun Jaitley today said lower cost of capital will give a "good fillip" to the economy. The post Jaitley at it again, says economy will get boost if RBI...

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