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‘Both capitalism and dollar will survive economic crisis’

DNMUM398326 | 10/10/2017 | Author : Vivek Kaul | WC :529

Economists have put across various theories on the genesis of the current financial crisis. Some blame Alan Greenspan, former chairman of the US Federal Reserve, for running a regime of low interest rate for four years after the dotcom bubble burst. This encouraged Americans to borrow more than what they were in a position to repay, these economists maintain, with the benefit of hindsight, of course. Others aren’t as convinced that Greenspan alone was to blame, Richard Thaler, a professor of behavioural science and economics at the Booth School of Business (formerly the Graduate School of Business), University of Chicago, for one. “I don’t think the low interest rate regime itself was the cause. Americans lived beyond their means, both hou
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Infra spend spurs cement revival
DNMUM418533 | 7/20/2018 12:00:00 AM | Author : Sumit Moitra | WC :686

Kolkata: Investment in infrastructure by states as well as the Centre coupled with boost for the low-cost housing assets have triggered a revival in demand for cement since the start of the second half of the previous financial year and the tem
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Ensuring quality power a challenge
DNMUM418536 | 7/20/2018 12:00:00 AM | Author : Edit | WC :224

Rising coal prices coupled with jump in summer time demand for electricity have strained the quality of power available in several parts of the country. June has seen the national peak demand touching 170 GW on June 23 about 13% more than
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Mumbai Monorail to chug, but at a higher cost
DNMUM418537 | 7/20/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :612

Mumbai: The agreement reached between Larsen & Toubro-Scomi Engineering (LTSE) consortium and Mumbai Metropolitan Region Development Authority (MMRDA) on Mumbai Monorail project has come at a cost.
MMRDA has agreed to pay a higher per-trip cost to
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Esops of unlisted firms turn investment fable for HNIs
DNMUM418538 | 7/20/2018 12:00:00 AM | Author : Priya Nair | WC :660

Mumbai: When Flipkart employees land a windfall after Walmart seals the buyout deal, they may find investors waiting to buy their Esop fortune.
While shares of unlisted companies have always been on the radar high networth and ultra-high networth
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