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New Delhi, May 9, 2012
MoS Commerce and Industry Jyotiraditya Scindia exchange rate fluctuation, rising prices of crude oil in global markets and import of coal have contributed to the trade deficit.
May 9, 2012
Wipro has announced the acquisition of Australian analytics product firm Promax Applications Group in an all-cash deal of A$35 million, its 17th in the IT business since 2002.

Rajiv Bhuva
May 11, 2012
Oil imports are where a weak rupee hurts India the most. At $155.6 billion, oil accounted for nearly 32 per cent of total imports in 2011-12. A weak rupee increases the import bill and cancels out the benefit of any decline in global crude prices.

BT Online Bureau
Manila, May 4, 2012
Finance Minister Pranab Mukherjee says said deteriorating balance of payment situation in several Asian countries also put stress on currencies.

Associated Press
Bangkok, April 30, 2012
South Korea's Kospi added 0.2 per cent to 1,980.27 amid improving business sentiment among manufacturers. Australia's S&P/ASX 200 gained 0.7 per cent to 4,393.3.

BT Online Bureau
Bhatinda, April 28, 2012
Prime Minister Manmohan Singh says spiralling global oil prices have put severe strain on the country's import bill and domestic prices need to be rationalised.

BT Online Bureau
Bangalore, April 26, 2012
\"It is unfortunate, though was expected, as it has been based on high fiscal deficit against 4.6 per cent of the GDP target in 2011-12,\" Wipro CFO Suresh Senapathy said.

Associated Press
Washington, April 26, 2012
US Federal Reserve Chairman Ben Bernanke has said some factors that are weighing on the economy may lift by the end of this year, spurring growth.

Anand Adhikari
May 3, 2012
The RBI has finally eased interest rates. But unless the government responds adequately, it will make no difference to either growth or inflation.

New Delhi, April 24, 2012
The government has agreed in principle to free retail prices of diesel, but has no plans to do it for cooking gas, Minister of State for Finance Namo Narain Meena said in the Rajya Sabha.

Rahul Oberoi/Money Today
May 29, 2012
For years, commodity trading has been a part and parcel of the economy. Money Today speaks to market players to clear the misconceptions around commodity trading.

Rahul Oberoi/Money Today
May 28, 2012
Like the gems, or ratnas, of ancient courts, the five Maharatna companies, owned by the government, are leaders in their space. They can be good investment options.

BT Online Bureau
Washington, April 21, 2012
Rejecting criticism that UPA is not serious on reforms, the finance minister expresses confidence that three key legislations on pension, banking and insurance will be passed this year.

Rajiv Bhuva
April 20, 2012
Economists attribute the weakness to the twin deficits which India is struggling with - fiscal deficit, which shot up to 5.9 per cent of GDP in 2011-12, and current account deficit, which widened to $53.7 billion for the December quarter.

Suman Layak and Rajiv Bhuva
May 1, 2012
Subex, Cranes Software, Strides Arcolab, GTL Infrastructure, Indowind Energy and Suzlon Energy are just a few names among the Indian mid-sized companies on the long list of FCCB borrowers facing headwinds.

Singapore, April 18, 2012
New York's main contract, West Texas Intermediate crude for delivery in May was up three cents to $104.23 per barrel while Brent North Sea crude for June shed 11 cents to $118.67.

Rajiv Bhuva
April 17, 2012
RBI's policy action could have three possible targets: stabilising growth around its current post-crisis trend, containing risks of inflation and a resurgence in inflation expectations; and enhancing the liquidity cushion available to the system.

Mumbai, April 17, 2012
\"The global outlook looks slightly better than expected earlier. Overall, the domestic growth outlook for 2012-13 also looks a little better than in 2011-12,\" Governor D. Subbarao said.

BT Online Bureau
Mumbai, April 17, 2012
The Reserve Bank of India hints at interest rate cut to spur growth in the economy as it meets for its annual credit policy on Tuesday.

New Delhi, April 16, 2012
The RBI had in February slashed cash reserve ratio from 5.5 per cent to 4.75 per cent. With this, the central bank had infused Rs 48,000 crore into the economy.

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