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Diamond cuts: India's global hub fears more job losses as China slows Diamond cuts: India's global hub fears more job losses as China slows This year, there`s no sign of a repeat bonanza in a city that by some estimates polishes about 80 percent of the world`s diamonds.
Coal scam: SC asks ex-CBI Special Director to reconsider demands Coal scam: SC asks ex-CBI Special Director to reconsider demands The Supreme Court Monday asked ex- CBI Special Director M L Sharma who has given his consent to assist the Central Vigilance Commission (CVC) in its probe against Ranjit Sinha, accused of scuttling probes in the coal block scam as the agency's chief, to reconsider his demands on remuneration and infrastructure.
PM Modi to meet industry leaders today on global economic scene PM Modi to meet industry leaders today on global economic scene Prime Minister Narendra Modi will today meet business leaders including Reliance Industries head Mukesh Ambani, Tata Group Chairman Cyrus Mistry as well as bankers and economists to discuss global economic scenario.
PAC to submit its report on 2G scam PAC to submit its report on 2G scam The 2G radiowave allocation scam is set to hog the limelight again as Public Accounts Committee has decided to submit its report on the controversial issue to Parliament based on the "in depth" discussions held by the panel then headed by Murli Manohar Joshi.
OROP payout unlikely to scuttle fiscal deficit target: Nomura OROP payout unlikely to scuttle fiscal deficit target: Nomura Financial services major Nomura Monday said though the implementation of 'One Rank, One Pension (OROP)' is going to put fiscal burden to the tune of around Rs 10,000 crore, the government is unlikely to miss the fiscal deficit target this year.
2G case: A Raja was main conspirator, favoured firms, says CBI 2G case: A Raja was main conspirator, favoured firms, says CBI CBI Monday told a special court that former Telecom Minister A Raja was the "main conspirator" of the 2G spectrum scam and had favoured accused telecom firms in the allocation of radiowaves licences.
OROP no threat to fiscal arithmetic: Jayant Sinha OROP no threat to fiscal arithmetic: Jayant Sinha Government Monday ruled out the possibility of additional financial burden of Rs 8,000-10,000 crore on account of OROP scheme hurting the fiscal consolidation programme, saying there was "space" to absorb it.
OROP to cost Rs 16,000 crore in FY16; to impact fiscal math: HSBC OROP to cost Rs 16,000 crore in FY16; to impact fiscal math: HSBC One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore in the current financial year, says an HSBC report.
'RBI has less stringent norms on systemically important banks' 'RBI has less stringent norms on systemically important banks' RBI has recently identified the state-owned SBI and private lender ICICI Bank as D-SIBs and subjected them to higher levels of supervision to prevent disruption to financial services in the event of any failure.
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