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Last updated: 19 Jul, 2012  
 India Economy News

Urjit Patel asks staff to 'zealously guard' RBI reputation
SME Times News Bureau | 20 Jan, 2017
Following deep concern expressed by RBI employee unions over alleged government interference in the affairs of the central bank and opposition protests on the issue earlier this week, RBI Governor Urjit Patel has asked staff members to "zealously guard" the integrity of the institution.
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Govt weakening state-run insurance companies: CPI-M
SME Times News Bureau | 20 Jan, 2017
The Communist Party of India-Marxist (CPI-M) on Thursday accused the central government of weakening state-run general insurance companies through disinvestment, which it said is "not in the country's interest".
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Negative global cues, disappointing results drag equities lower
SME Times News Bureau | 20 Jan, 2017
Negative global cues, along with disappointing quarterly results and a weak rupee, dragged the Indian equities markets lower on Friday.
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5 general insurers to be listed, govt stake to fall to 75 pc
SME Times News Bureau | 19 Jan, 2017
In a major decision on divesting stake in state-run general insurance companies, the cabinet on Wednesday approved the public listing of 5 firms by which the government's shareholding in them would be brought down to 75 percent.
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Congress protest note ban outside RBI offices, demand governor quit
SME Times News Bureau
Staging a vociferous countrywide protests against demonetisation on Wednesday, the Congress demanded the resignation of Reserve Bank of India (RBI) Governor Urjit Patel even as police baton-charged them in Nagpur.
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RBI Board 'advised' to approve demonetisation at day's notice
SME Times News Bureau | 19 Jan, 2017
In a revelation about how the crucial decision on demonetisation of Rs 1,000 and Rs 500 notes was taken by the Reserve Bank of India (RBI) at a day's notice, RBI Governor Urjit Patel on Wednesday told a Parliamentary Committee that the apex bank had been "advised" by the government on November 7 to hold a board meeting on the issue.
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45 proposals received under regional connectivity scheme
SME TImes News Bureau | 19 Jan, 2017
The central government on Wednesday said it has received an 'encouraging' response to its regional connectivity scheme (RCS) with 45 initial proposals coming in from 11 bidders covering more than 200 regional routes.
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Profit booking, weak rupee curb gains; equities end flat
SME Times News Bureau | 19 Jan, 2017
Key equities markets closed on a flat-to-positive note on Thursday as profit booking, coupled with a weakened rupee and caution ahead of the European Central Bank's policy meet capped gains.
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No impact of demonetisation on air passenger traffic: Minister
SME Times News Bureau | 18 Jan, 2017
Country's air passenger traffic growth has not been impacted by the central government's demonetisation drive, Civil Aviation Minister Ashok Gajapathi Raju asserted on Tuesday.
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Naidu urges states to implement Real Estate Act
SME Times News Bureau | 18 Jan, 2017
Union Housing and Urban Poverty Alleviation Minister Venkaiah Naidu on Tuesday urged the states and union territories to and implement the Real Estate (Regulation & Development) Act from May this year, as proposed in the legislation, an official statement said.
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