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Lok Sabha passes insurance bill

New Delhi, March 04 (ANI): The Lok Sabha on Wednesday passed a bill to increase foreign investment limit in local insurers to 49 percent from 26 percent. The bill now faces its real test...


Why has India’s RBI cut rates again?

EDITORS PLEASE NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIAL A monetary sleight of hand from the Reserve Bank of India. The quarter point cut to seven and a half per cent took markets by...


The end of an era at Standard Chartered?

A blow that was not unexpected – the appointment of a new CEO last week suggested things weren’t going too well at Standard Chartered. Former investment banker Bill Winters will certainly have his The...