Govt must bail out troubled big borrowers at time: CEA

Kochi, Mar 14 (PTI) The government needs to bail out large corporate borrowers at times in a capitalist system though it may lead to charges of cronyism, Chief Economic Adviser Arvind Subramanian has said, while supporting the idea of a ‘national bad bank’.

Conceding that bailing out big borrowers will…

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Election results lift equity markets

Mumbai, March 14 :  Crucial state election results lifted the domestic equity indices during the early morning trade session on Tuesday.

The outcome of elections to five state assemblies were declared on March 11. However the impact of results were only witnessed on Tuesday, as the Indian equity markets were closed…

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Second n-plant at Kudankulam to restart by March-end

Chennai, March 13 : India’s atomic power plant operator will restart its second 1,000 MW unit at Kudankulam in Tamil Nadu in two weeks’ time while the first unit of similar capacity will be stopped for refuelling in mid-April, a senior official said on Monday.

He also said…

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Despite bottom line pressure, FY17 to be the best for airlines

Mumbai, Mar 13 (PTI) Airlines are likely to close the outgoing financial year with 22-23 per cent traffic growth, making it one of the best for the sector, even though the pressure on their bottom line is increasing as oil prices are on a northward-ho, says a report…

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Google in talks with China to stage a comeback: report

Beijing, Mar 12 (PTI) China and Google are in talks for the internet giant’s return to the Chinese mainland after it was pulled out seven years ago following a bitter spat with Beijing over censorship rules.

“China has been in touch with Google through various channels. Last year, leaders…

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