Many Federal Reserve policymakers said it may be appropriate to raise interest rates again 'fairly soon' should jobs and inflation data come in line with expectations, according to the minutes of the Fed's last policy meeting released on Wednesday
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Small Industries Development Bank of India (SIDBI) today signed a Memorandum of Understanding (MoU) with Vijaya Bank for providing concessional finance to Micro and Small Enterprises (MSEs)
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The cost of recapitalising India's struggling banks would be affordable even under a negative scenario, the International Monetary Fund said on Wednesday, urging government steps to strengthen the financial system
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Patel further said that limited data available on the corporate sector performance in the third quarter suggests that sales growth may have improved relative to the previous quarter
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The use of derivatives is most pronounced in arbitrage mutual funds, which simultaneously buy securities in the spot market and sell their futures in the derivatives market, locking in a riskless profit in the process
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The finance ministry's chief economic adviser, said that delaying a cleanup would further reduce private-sector investment and make the problem worse for Asia's third-largest economy
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Our Wellness program intends to motivate customers to lead a healthy lifestyle and offers specific wellness benefits
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Avnish Jain, Head - Fixed Income, Canara Robeco Asset Management Company speaks to BW Businessworld on the recent sharp spikes in bond yields, debt fund risks and the ideal strategies for bond fund investors to adopt keeping global and macro factors in mind. Edited excerpts below
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