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Banking system faces liquidity crunch: Fin Min Srcs (06 October 04:07) |
| Sources in the finance ministry admitted liquidity in the banking system is tight, said CNBCTV18 quoting Newswire 18. There may be some steps from the Reserve Bank of India to ease liquidity... |
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Bailout impact: Credit crunch to tide over, feel experts (06 October 02:14) |
| Andrew Freris, Sr Investment Strategist, Asia, BNP Paribas, feels the key part in the financial bailout package will be the first auction whether its an absolute auction or a reverse aucti... |
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Sebi to meet today to review FII regulation short selling (06 October 02:05) |
| The board of market regulator Sebi is expected to meet today in the backdrop of the global financial turbulence. The meeting is expected to take stock of the impact of the turbulence on the ... |
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Crude slips for straight 4th day, trading at $92/bbl (06 October 01:52) |
| In commodities, crude is at USD 91.98 per barrel down USD 1.90. Crude has slipped 2% falling for the fourth straight day as traders feared efforts to contain the spreading credit crisis woul... |
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US financial storm will affect India Inc: Experts (04 October 07:09) |
| With the US economy in the throes of a slowdown, the global economy stands to get affected. Dipti Neelakanthan, Group Chief Operating Officer, JM Financial, feels India will be affected too,... |
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House of Rep approves new bailout package (04 October 04:27) |
| The House of Representatives has approved the revised USD 700 billion bailout package. The US House voted 263171 to approve of the financial rescue bill.
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US HOR to vote on financial rescue bill again (04 October 02:03) |
| Lawmakers in the US House of Representatives house passed procedural bill to allow bailout plan vote to proceed, kicking off debate on the financial rescue package. US House of Representativ... |
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Inflation at 11.99% vs 12.14%: Experts react (03 October 11:20) |
| Inflation numbers came in at 11.99% for the week ended September 20. Earlier, inflation was seen inching lower. A CNBCTV18 poll saw inflation for the week ended September 20 at 12.12 % again... |
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MM Fin Svcs not to borrow at 25% rates (03 October 09:42) |
| Rising rates, liquidity crunch, and pressure coming on from the interest cost front is not a pleasant scenario for NBFCs. Ramesh Iyer, MD, MM Fin Services feels that the significant increase... |
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RBI not to cut CRR to infuse liquidity: Axis Bank (03 October 07:44) |
| Saugata Bhattacharya, Economist, Axis Bank feels RBI will not reduce CRR to tide over the liquidity problem. "It will try to infuse liquidity into the system to paper over the immediate liq... |
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Times are demanding exceptionally uncertain: Trichet (03 October 07:30) |
| European Central Bank President, Jean Claude Trichet comments on the global financial crisis, the bailout package and the health of the European economy.
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CNBCTV18 inflation poll seen at 12.12% (03 October 03:23) |
| Inflation is seen inching lower. A CNBCTV18 poll sees inflation for the week ended September 20 at 12.12 % against 12.14% a week ago. |
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Senate passes bailout pkg: Will HOR follow suit? (03 October 02:39) |
| With the Senates goahead However, critics of the bailout package are still far from being convinced. The focus is now sharply on the House of Representatives and the vote is due today.
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Won't agree to any treatybound commands: Pranab Mukherjee (03 October 02:12) |
| The External Affairs Minister Pranab Mukherjee reacted to the US Secretary of State Condoleezza Rice's threat of serious consequences if India conducts another nuclear test.
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US experts uncertain about success of bailout nod move (02 October 04:00) |
| Henry Paulson, US Treasury Secretary said, I commend the Senate for tonight's strong, bipartisan vote. This sends a positive signal that we stand ready to protect the US economy by making... |
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US Senate passes new bailout package (02 October 01:02) |
| The US Senate on Thursday passed the much anticipated economic bailout plan. This bailout plan, with a price tag of a whopping $700 billion is a result of continued bipartisan efforts.
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US Senate approves IndoUS civilian nuke deal (02 October 12:25) |
| After months of speculations and uncertainties, the US Senate has finally approved the IndoUS civilian nuclear agreement, following the conclusion of the voting on this issue.
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Banks slow funding to infra cos (02 October 02:58) |
| Infrastructure seems to be headed towards a serious problem owing to the liquidity tightness in the money market which is restraining bankers from issuing fresh loans for ongoing infrastruct... |
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Don't see further rate hikes: FM (02 October 12:38) |
| The message from the Finance Ministry is very clear. There is awareness now that the liquidity crunch which has affected the global markets has tumbled on to India and for that reason the Fi... |
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Will new bailout package be approved? Experts speak (02 October 12:35) |
| Sources told CNBC that a group of US Republican members are forging an alternative bailout plan with a number changes drafted in. Oliver Shane of AMP Cap said, "The odds are that when it go... |
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Not many tax dollars upfront in Republican alternate plan (01 October 08:49) |
| US Republican Members are forging an alternative bailout plan to that proposed by Treasury Secretary Henry Paulson, reports CNBCTV18. The plan doesnt involve as many tax dollars upfront as... |
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See 10yr bond yields at 8.75% in 2 weeks: StanChart Bk (01 October 08:20) |
| Arvind Sampath, Director and HeadRates Trading, Standard Chartered Bank sees 10year bond yield in 8.75% on the higher side and at 8.40% from current levels. "A slow slide towards 8.75% over... |
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Govt considers raising FDI limit in DTH broadcasting: Srcs (01 October 05:24) |
| NewsWire18 has said that government is considering raising the foreign direct investment (FDI) limit in DTH broadcasting to 74%. Agencies say that the government is considering cut in the re... |
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Bush makes another attempt to get bailout approved (01 October 03:17) |
| US President George Bush made yet another attempt to rally support for the bailout plan.
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Crude rises to $101.34/bbl (01 October 01:34) |
| Crude prices rose more than USD 4 per barrel to over USD 100 per barrel on expectations that US lawmakers would pass a financial stability plan to boost global markets. In after hours access... |
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House rejection not end for bailout process: Bush (01 October 12:02) |
| US President George W Bush said the US needs a financial bailout at this critical moment for the economy. The economy depends on decisive government action. The house rejection is not the ... |
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IndiaFrance sign civil Ncooperation deal (30 September 11:39) |
| India and France has signed civil Nuclearcooperation deal. France supports India's bid for permanent seat in UNSC and believes in expanding G8 to G13, including India. India, France will do... |
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BoP at $2.24 bn vs $11.2 bn: Nos in line with expectations (30 September 11:34) |
| One shouldnt consider this alarming and also largely it is on expected lines. The estimates from economists were ranging between USD 1113 billion. So at USD 10.75 billion, it is lower than... |
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ICICI Bank has healthy capital position: Chanda Kochhar (30 September 10:07) |
| Chanda Kochhar, Joint MD and CFO, ICICI Bank, said Indias largest private sector bank has a very healthy capital position, We have also clarified that the capital adequacy not only of IC... |
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US fin bailout to boost global mkts: FM (30 September 07:23) |
| Finance Minister P Chidambaram said that the regulations are adequate and the situation is monitored, reports CNBCTV18. "Indian banking and financial system is well capitalised." He believ... |
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US fin bailout crucial for global mkts: FM (30 September 07:23) |
| Finance Minister P Chidambaram said that the regulations are adequate and the situation is monitored, reports CNBCTV18. "Indian banking and financial system is well capitalised." He believ... |
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Difficult to predict rupee move at present (30 September 02:55) |
| Latha Venkatesh feels the rupee will open gap down considering that there is a serious risk aversion now. She added that people who were expecting that their poison puts will be taken away b... |
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US bailout package rejected: Options for Fed (30 September 02:15) |
| CNBC's Steve Leiseman thinks there is no doubt in the stock market right now or in the credit markets as being very serious, and that the key thing here is the reason for their silence is t... |
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US bailout package rejected: Experts react (30 September 02:07) |
| George W Bush, President, USA said, Our strategy is to continue to address this economic situation head on and we will be working to develop a strategy that will enable us to move forward.... |
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Key provisions of the bailout package (30 September 02:07) |
| In the span of just 11 days, the Bush administration and lawmakers, seeing ominous warnings in the credit markets, rushed to create legislation to prevent a potential economic meltdown.
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Crude prices plummet on bailout failure (30 September 02:01) |
| Crude prices plummeted on failure of the bailout plummets over USD 10 per barrel in intraday trade, while gold investment increases on financial market woes. In after hours acess trading cru... |
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US lawmakers reject $700bn bailout plan (30 September 01:54) |
| US lawmakers in the House of Representatives on Monday voted against the biggest proposed government intervention in the U.S. economy since the Great Depression of 1929.
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Fed bailout to contain crisis: George Bush (29 September 10:57) |
| US President George W Bush said lawmakers had dealt with a complex issue in a short time. He was speaking on the Federal Reserve's USD 700billion bailout package. The rescue plan addresse... |
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RBI to cut rates by middle of 2009: Deutsche Bank (29 September 08:28) |
| Sanjeev Sanyal, the Regional Economist of Deutsche Bank, said that presently, the rupee is under a lot of pressure and that it will stabilise in the mediumterm. He added that there will be a... |
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US Fed lawmakers tentatively agree on $700bn bailout plan (29 September 02:30) |
| The US Federal lawmakers have reached a tentative agreement for the USD 700 billion financial bailout plan.
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Crude at $105.85/bbl (29 September 02:09) |
| Crude fell ahead of the vote on the USD 700 billion US bailout package amid concerns that the measures won't prevent an economic slowdown that would cut demand in the world's biggest energ... |
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US House of Representatives approves nuke deal (29 September 02:03) |
| The IndoUS nuclear deal has finally been passed by the US House of Representatives. A formal vote on the bill was passed by the house with 298 voting in favour and 117 against the deal. Supp... |
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Govt sticks to Rs 39K cr borrowing plan for H2CY09 (27 September 12:21) |
| The government has stuck to the plan of borrowing Rs 39,000 crore for H2 FY09. It will borrow a maximum Rs 20,000 crore in October, Rs 16,000 crore in November and Rs 3,000 crore in December... |
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Inflation trend to flatten, decline in future: ICICI Secs (26 September 08:11) |
| A Prasanna of ICICI Securities feels that in the nearterm there is some uncertainty and a lot of essential commodity prices have gone up because of the flood situation. "So maybe there is s... |
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Re to trade ranged ahead of credit policy: StanChart Bk (26 September 06:30) |
| Callum Henderson, Head of Forex StrategyGlobal Markets, Standard Chartered Bank, feels it is reasonable to expect the Reserve Bank to defend Rs 47 per dollar. The rupee will trade ranged w... |
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Cash starved municipal corporations need rev lifeline (26 September 05:59) |
| The 74th Constitutional Amendment enacted 16 years ago requires city corporations to fulfil 18 functions but does not give them enough financial powers to do so. Vivian Fernandes makes a cas... |
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US turmoil not to impact Indian insurance cos: IRDA (26 September 05:17) |
| IRDA said that it is in talks with LIC regarding capping of future individual investments at 10% and said that it would not force LIC to shed stake if valuations are not right and would give... |
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Experts differ on future rate hikes to tame inflation (26 September 04:41) |
| Atsi Sheth, Chief Economist, Reliance Capital, feels rate cuts are unnecessary as secondary effects of inflation may come in. However, Naval Bir Kumar, MD, IDFC Mutual Fund, does not share t... |
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Experts see no rate cuts in policy (26 September 04:41) |
| Atsi Sheth, Chief Economist, Reliance Capital, feels rate cuts are unnecessary as secondary effects of inflation may come in. Naval Bir Kumar, MD, IDFC Mutual Fund shares this view and think... |
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See better inflation nos early next year: Macquarie Cap (26 September 04:25) |
| Rajeev Malik of Macquarie Capital feels that the overall capital flows will be more subdued. He said that in spite of healthy foreign direct investment (FDI), global capital flows will not b... |
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