| BUSINESS LINE |
Sat, 7 Nov 2009 |
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BUSINESS LINE
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Bet on sectors dependent on direct consumer spending
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BL Research Bureau For investors who would like to bank on the recovery, businesses that sell directly to the consumer or benefit from government spending seem to be the safe bets.
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Banks turn back to recurring deposits
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Mumbai, Nov. 7 Even as top bankers are making noises about the need for increasing low-cost current and savings account (CASA) deposits, they are quietly getting their branches to step on the gas to garner long-term resources under recurring
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UP sugar mills may start crushing next week
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The deadlock over cane pricing in Uttar Pradesh seems near resolution, with a couple of private sugar mills and five cooperative factories slated to commence crushing in the coming
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Silver delivers higher returns than gold
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Silver has outperformed the yellow metal in terms of return on investments despite gold hitting new peaks in the recent months.
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BSNL staff protest divestment plan
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New Delhi, Nov. 7 The employees union of Bharat Sanchar Nigma Ltd said that the Government’s proposal to list profitable PSUs was totally against the interest of the companies and the workers. BSNL is one of the PSUs mentioned in the list
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Weekly News Round up
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State Bank of India has snipped interest rates by 25-50 basis points on deposits up to five years duration. This is the second time in as many months that it has cut term deposit rates. Last month, the bank had reduced term deposit rates by 25 basis
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