The Reserve bank of India has again increased the CRR to control inflation increase. The RBI was under pressure due to soaring increase in food prices like sugar. The RBI has decided to increase CRR or cash reserve ratio in two stages. First increase will be of 50bps with effect from 13 February. The second [...]

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Walmart Clown Commercial: Comedy Turned Out To Be Scary
Walmart Clown Commercial was very funny and Scary with the NFL’s championship game. In this Walmart ad the daddy dressed up as a clown for a birthday party in a costume and makeup.

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Ten days after the Centre announced a slew of measures to contain soaring sugar prices, instead of the retail price coming down it has up to Rs 10 a kg across the country, barring in the Delhi and Bhubaneshwar markets, show the latest data from the consumer affairs ministry. However, there has [...]

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In a regulatory statement, TCS said its revenues in the third quarter of fiscal 2009-19 rose 5 per cent YoY to Rs 7,649 crore, while its income from operations stood at Rs 7,648.54 crore, compared to the Rs 7,277 crore it posted in the year-ago period.
"Superior market presence helped TCS leverage the global economic [...]

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Investors of equity mutual funds (MFs) continue to cash in on the buoyancy in markets. With the markets on a roll, equity MFs continue to face huge redemptions, which stood at Rs 6,232 crore in December, the second highest in nearly two years.

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TCS Q3 Revenues at $1,483 million MUMBAI, January 15, 2009: Tata Consultancy Services (BSE: TCS.BO, NSE: TCS.NS) reported its consolidated financial results according to US GAAP for the quarter ended December 31, 2008.
Highlights for Quarter Ended December 31, 2008 • Revenues at $1,483 million flat Y-o-Y; (5.8%) [...]

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Kolkata, Jan 14 (IANS) Speciality steel and wire rope manufacturer Usha Martin has posted a net profit of Rs.18.42 crore for the third quarter, compared to Rs.26.74 crore in corresponding period last fiscal, the company said Thursday.

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Mumbai, Jan 14 (IANS) A benchmark index of the Indian equities markets inched upwards Thursday to end about 75 points higher than its previous close.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,525.71 points, ended trade at 17,584.87 points, up 75.07 points or 0.43 percent from its previous [...]

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New Delhi, Jan 14 (IANS) India’s annual food inflation based on the wholesale price index stood at 17.28 percent for the week ended Jan 2, showing signs of a tempering in the galloping prices, as per official statistics released Thursday.

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New Delhi, Jan 14 (IANS) India’s annual rate of inflation, based on wholesale prices, rose sharply to 7.31 percent in December from 4.78 percent in the previous month, official data showed Thursday.

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Lucknow, Jan 14 (IANS) Lashing out at Agriculture Minister Sharad Pawar for the recent rise in food prices, Uttar Pradesh Chief Minister Mayawati Thursday said wrong policies of the central government had helped "blackmarketeers and hoarders".

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Mumbai, Jan 14 (IANS) A benchmark index of the Indian equities markets was trading 72 points higher late Thursday morning, helped by gains in heavyweight stocks RIL and ONGC.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,525.71 points, was ruling at 17,584.88 points 30 minutes before noon, up 74.4 [...]

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Kolkata, Jan 13 (IANS) KK Birla group company Texmaco posted a net profit of Rs.22.23 crore in the third quarter, compared to Rs.15.42 crore netted in the corresponding period last fiscal, the company said in a statement Wednesday.

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Gurgaon, Jan 13 (IANS) The Haryana government has permitted people owning 50 acres or more land in the amenity zone of the Kundli-Manesar-Palwal (KMP) global corridor to set up recreational projects like amusement parks and golf course, a senior official said here Wednesday.
"An area of two kilometres on both sides of the KMP global [...]

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Los Angeles, Jan 13 (IANS) Google has threatened to close its operations and offices in China after hacking of email accounts of many human rights activists.
In a statement on its blog Tuesday, the world’s second biggest corporate said it has detected in December "a highly sophisticated and targeted attack on our corporate infrastructure originating from [...]

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New Delhi, Jan 13 (IANS) If you are getting a crystal clear, sparkling solitaire suspiciously cheap, think twice. You may be unintentionally buying a "blood diamond".
Blood diamonds are also known as conflict diamonds. They are sold cheap to fund unlawful and illegal operations of rebel, military and terrorist groups in Africa. The countries which have [...]

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Darjeeling, Jan 12 (IANS) Shutdowns and agitations in support of a separate Gorkhaland state have begun to hit Darjeeling’s tourism, apart from ruining the flavour of its tea industry.
"Tourists are still visiting Darjeeling, but the uncertainty is creating apprehensions among them," said Pradip Singh Arora, vice president of the Darjeeling Gorkha Hotel Owners’ Association. [...]

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Mumbai, Jan 13 (IANS) A benchmark index of the Indian equities markets ended a four-day fall, reversing its intra-day losses Wednesday to close 87 points higher, even as a Chinese monetary policy change resulted in the weakening of major Asian and European markets.

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