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‘Bringing oil under GST won’t solve problem of rising prices’

DNMUM415982 | 6/12/2018 | Author : Anjul Tomar | WC :1209

POLICY CORRIDOR Principal economic advisor Sanjeev Sanyal expects PSU banks to be on track in a quarter or two

The government is trying to get back on track the country’s banking sector which is under tremendous stress due to a staggering level of bad loans. Sanjeev Sanyal, principal economic advisor to the finance ministry, in conversation with Anjul Tomar, talks about how he expects the public sector banks to be on track in a quarter or two. Sanyal advises the government to clean the banks’ balance-sheets and get them to start lending normally first, rather than jumping to consolidation. And once that happens, the economy will see more growth, he says.
How will the hike in repo rate impact the growth momentum?
Capital becomes more expensive when the central bank increases rates. The government only gave RBI (Reserve bank of India
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Is solar becoming a stressed sector?
DNMUM426174 | 11/16/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :840

Mumbai: The renewable energy sector, especially solar, could be next in line in becoming a stressed sector, something similar to thermal power. As such, the sector is already facing funding challenges. And to make matter worse safeguard duty, aggress
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Sotheby’s goes desi
DNMUM426175 | 11/16/2018 12:00:00 AM | Author : Priyanka Golikeri | WC :558

If the choice is between buying another building or a Pollock, I’d go for the Pollock every time - Damien Hirst, British contemporary artist.The wave of premium art is on a gradual upswing in India. New York-based auction house Sotheby’s is hol
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Street ends on positive note, Nifty above 10600-mark
DNMUM426180 | 11/16/2018 12:00:00 AM | Author : DNA Money Correspondent | WC :195

Mumbai: A sharp rise in the rupee and easing crude prices lifted the mood of the benchmark equity indices on Thursday. Sensex rose 118 points and Nifty closed above 10600 mark.Firming trend in other Asian markets and a higher opening of Europea
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How they lost the plot
DNMUM426181 | 11/16/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :1547

When Srinath Kapoor booked an apartment in Housing Development Infrastructure Ltd’s (HDIL) Whispering Towers in Mumbai’s eastern suburbs in 2011 and invested over Rs 70 lakh for a 3BHK, his family was planning to settle in Mulund’s
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