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Global effect: Sensex up 143 points at 18,287

The markets have begun the new week on a spectacular note, thanks to a positive set of cues from the global front. The Sensex ended at 18,287, higher by 143 points and the Nifty shut shop just shy......

FIIs, sovereign funds to keep Indian market full of liquidity: RBS

Weak global liquidity conditions, combined with appetite from sovereign funds and growth focused emerging-market funds may fuel investment flows into Indian equites this year, foreign brokerage RBS......

Wealthy investors load on equity mutual funds as market rallies

Well-heeled investors are taking the mutual fund route to benefit from the strong rally in the stock market this year. While overall mutual fund folios, or accounts, have remained stagnant at about......

RBS to cut 3,500 jobs worldwide

Royal Bank of Scotland announced 3,500 job cuts over the next three years, as part of a business reorganisation and shrinkage of its investment banking operations.RBS, a government-owned banking......

How best to restore India's toxic banks to health

The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues -- lax corporate governance practices and......

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