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  Shutdown cost 120,000 US jobs: White House

  October 23, 2013 21:25 IST

  Washington: The recent government shutdown and debt default crisis hit the US economy so badly that it cost the country 120,000 jobs and wiped out 0.25 per cent of economic growth for the fourth quarter,

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  Deposit frauds: Govt proposes insurance cover, hefty penalties

  October 22, 2013 23:38 IST

  NEW DELHI: To safeguard investors from fraudulent money-collection schemes, the government today proposed mandatory insurance cover for public deposits garnered by companies and hefty penalty of up to 18 per cent annual interest for defaulters.The

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  HSBC shuts brokerage arm in India; around 300 lose jobs

  October 17, 2013 19:40 IST

  MUMBAI: British financial giant HSBC today said it will be shutting its struggling retail brokerage and depository business in the country, five years after it entered the segment by pumping in over $290 million.Nearly 300

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  US shutdown: Focus of negotiations shifts to Senate

  October 12, 2013 23:00 IST

  WASHINGTON: House talks with President Barack Obama over ending the partial government shutdown and preventing a federal default have stalled, Speaker John Boehner told fellow Republicans on Saturday, shifting the focus to Senate efforts to

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  Insurance industry to grow below 5% in FY'14: CII

  June 24, 2013 11:11 IST

  New Delhi, June 24: The growth rate of Indian insurance industry is likely to be less than 5 per cent in the current fiscal, according to industry chamber CII."The growth of the Indian insurance industry

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  Hewitt's wish for insurance

  Hollywood | March 12, 2013 12:51 IST

  Los Angeles, March 12: Actress Jennifer Love Hewitt would love it if someone offers insurance for her body parts."I need like, an insurance invitation. If somebody was like, Hey, you know what? We would like

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  Nod to FDI hike in insurance will turn market sentiments: Experts

  October 04, 2012 22:27 IST

  Chennai, Oct 4: Agreeing that not all foreign partners of domestic insurers will pump in capital when allowed to increase stakes to 49 percent, insurance sector experts said Thursday the union cabinet nod will rekindle

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  Cabinet approves 49% FDI in insurance, 26% in pension sector

  October 05, 2012 9:09 IST

  New Delhi, Oct 4: Carrying forward the big-ticket reforms agenda, the government today decided to move ahead with its proposal to hike foreign investment ceiling in the insurance sector to 49 per cent from the

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  Motor Insurance Premium Rates Go Up

  April 01, 2012 19:38 IST

  New Delhi, Apr 1: Owners of cars, commercial vehicles and two-wheelers will have to pay more towards insurance with enhanced motor insurance rates coming into effect from today.The premium rates for third party motor insurance

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  Phone Calls, Insurance, Travel, Other Services Become Costlier

  April 01, 2012 19:36 IST

  New Delhi, Apr 1: With some of the key budgetary proposals coming into effect from today, the tax payers will save some money on account of lower income tax liability, but will have to pay

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  Bharti Ends Talks With Reliance For Stake Sale In Insurance

  November 25, 2011 18:19 IST

  New Delhi, Nov 25: Bharti Enterprises and Reliance Industries today terminated talks for the stake sale in Bharti AXA insurance companies due to differences over issues related to long term vision and joint governance.  “AXA,

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  Opposition Attacking LF Policies Without Going Into Merit: CM

  Politics | April 03, 2011 18:55 IST

  Kolkata, Apr 3: Trinamool Congress and Congress are opposing the Left Front's policies irrespective of their merit just to dislodge the ruling front from power, West Bengal Chief Minister Buddhadeb Bhattacharjee today said.The Congress-led UPA