LPG consumers can file KYC form till Nov 15

PRESS TRUST OF INDIA

New Delhi, Oct 30: The government has extended by 15 days the deadline for filling the Know Your Customer (KYC) form by LPG consumers to November 15. In a nationwide exercise to weed out multiple or ghost connections, the state-owned oil firms had previously asked their domestic cooking gas More

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Valley gas dealers seek more time

Say cannot complete all verifications by Nov 15

GK NEWS NETWORK

Srinagar, Oct 30: The Kashmir-based gas agencies Wednesday demanded further extension of time for completing the verification of LPG connections, saying it won’t be possible for them to complete the verification up to November 15. The gas distributors appealed Chief Minister, Omar Abdullah More

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Vodafone announces winners of drive into big league

GK NEWS NETWORK

Srinagar, Oct 30: Vodafone India, one of India’s leading telecommunications service providers, announced the winners of ‘Vodafone Drive into the Big League – II’ and ‘Vodafone Join the Team’, two unique and innovative engagement initiatives in the build-up to the second season of India’s racing event More

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Candles pick up demand in absence of lighting gas refills

MUKEET AKMALI

Srinagar, Oct 30: The prevailing LPG mess has set off a new wave of crisis in Kashmir with people facing acute shortage of ‘lighting gas refill’. With electricity shortage aggravating the crisis, people have been forced to use candles for lighting purposes. Consumers here complained that More

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Central Bank lowers CRR, keeps rates unchanged

‘Persistently high inflation remains a key challenge

PRESS TRUST OF INDIA

Mumbai, Oct 30: Reflecting an apparent disconnect with the government, Reserve Bank today continued its cautious stance refusing to lower interest rates disappointing Finance Minister P Chidambaram and the industry while it brought down Cash Reserve Ratio by 0.25 per cent to inject Rs.17,500 crore More

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RBI policy damp squib for markets

Sensex retreats to 5-week low

PRESS TRUST OF INDIA

Mumbai, Oct 30: The BSE benchmark Senxex today plunged by 205 points to a five-week low as RBI not only held on to policy rates but also hiked provisioning norms and lowered growth projection, spooking investors who resorted to all-round selling, particularly in bank and realty stocks. Apparently More

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Growth should be higher on agenda: Ahluwalia

New Delhi, Oct 30: Terming the decision of RBI to cut CRR a step in the right direction, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the need to push growth should take precedence over combating inflation.  "I can see that the RBI remains concerned about inflation. More

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Pesky messages bother Telecom Minister

PRESS TRUST OF INDIA

New Delhi, Oct 30: Pesky calls and messages are a menace not only for common people but also for Telecom Minister Kapil Sibal, who said that he too is a victim of the unsolicited communications and has discussed these issues with telecom regulator.  "Trai is taking it up (pesky calls/SMSes issue More

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Maruti's Q2 net falls by 5.41 pc

PRESS TRUST OF INDIA

New Delhi, Oct 30: Hit by an unprecedented violence at its Manesar plant and low sales, the country's largest car maker Maruti Suzuki today reported 5.41 per cent fall in net profit at Rs 227.45 crore for the quarter ended September 30. During the quarter, the company also doled out an all-time More

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SBI indicates cut in lending rate soon

PRESS TRSUT OF INDIA

Mumbai, Oct 30: Within hours of RBI slashing the Cash Reserve Ratio (CRR) by 0.25 per cent, State Bank (SBI) today hinted at a likely reduction in lending rates soon.  "Our bank, it's for ALCO to take a view. But we would prefer a more secular rate cut with the adjustment in the base rate because More

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