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Export incentives unlikely this financial year

The government is unlikely to extend any more incentives to exporters this financial year, with the export growth rate at an impressive 36.3 per cent in December, even as they complain of a high......

Inflation: RBI for monetary expansion rollback

RBI Governor D Subbarao made a strong case on Friday for a rollback of the expansionary monetary policy being pursued to combat the impact of the global financial meltdown, saying it could result......

RBI, bankers disagree over interest rate cut

Reserve Bank Governor D Subbaro on Tuesday said there is scope for banks to lower lending rates further, but most top bankers maintained that interest rates will remain the same in the near term......

Govt may appoint RBI deputy governor by month end

The government is likely to appoint a deputy governor of the RBI by this month end despite disruption in the selection process following the resignation of former Satyam Computer independent......

Govt to wipe out revenue deficit in 2008-09

Prompted by high economic growth, the government is proposing to wipe out revenue deficit and reduce fiscal deficit to three per cent of the gross domestic productin 2008-09."We are on track to......

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