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Monthly Archive for January, 2012

Page 4 of 8

IT Spending In India To Touch 1.95 Lakh Crore Rupees By 2012 End – An Increase Of 10.3%

Gartner Research

Gartner Inc told on Tuesday that IT is planning to grow by $39 billion in 2012, a 10.3% increase from the previous fiscal year’s amount of $36 billion. IT Spending in the Indian enterprise is spread across all industry markets. The Indian enterprise is very much different from other markets in Asia/Pacific. IT is India […]


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RBI Reduces Cash Reserve Ratio (CRR) By 50 Points

CRR, Repo, WPI & Reverse Repo Graphs

Reserve Bank of India declared that it’s not going to cut key policy rates or interest rates in the third quarter review of the monetary policy on Tuesday. This decision was taken keeping in mind the increased inflation risk. The same is the case with interest rates and liquidity pressure in the banking system. RBI […]


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Co-Operative Banks To Get Core Banking Solutions; Thanks To Wipro & NABARD

NABARD Logo - Wipro's Core Banking solutions for Co-Operative banks

National Bank for Agriculture and Rural Development (NABARD) has taken an initiative to bring together 140 state co-operative banks and central co-operative banks on one platform for technology development. Statistics say that these 140 state and central cooperative banks have 4582 branches and administrative offices. Four central co-operative banks (CCBs) of Maharashtra, Latur, Kolhapur, Buldhana […]


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Union Budget 2012-13 To Be Presented During 2nd Week Of March

Union Budget 2012 - 2013, Railway Budget 2012 - 13

Most Probable Dates: Union Budget 2012 – 2013: 16th March Railway Budget: 14th March Watch Budget 2012 Live Online: You can catch all the Budget 2012-2013 action Live Online on Youtube – Details According to sources, the Union Budget Session for 2012 – 2013 in Parliament is scheduled to begin from the second week of […]


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Virtual Stock Market Games & Contests

If you are interested in hosting a Virtual stock market game or a contest in your school, college, training center or office then we can probably help you out. We can host and conduct fully managed online and virtual stock market games as well as full fledged events, tailored as per your requirements. We have […]


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What Drove The Stock Markets On 20th Jan?

The Indian benchmark indices, Nifty and Sensex, both rose over 1% latest by January 19th. Reliance Infrastructure, Tata Power, Sterlite, JP Associates and NTPC stood as the top five Nifty gainers while BHEL, M&M, Bharti Airtel, Siemens and Infosys were the lost on the Nifty. Stock market saw a raise due to Positive global cues, […]


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Indian Sea Ports Capacity Increases To 1.16 Billion Tonnes; To Touch 3.2 Bn Tonnes In Next 10 Years

Jawaharlal Nehru Port Trust

The capacity of Indian ports has reached 1.16 billion tons (1160 million metric tons) as on December 31, 2011. The Government declared today of the news and also said that strategies have been placed to bring the value up to 3.2 billion tons in the next ten years. The Indian tonnage has recently crossed the […]


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Unable To Pay Salaries To 3 Lakh Employees, BSNL Looks For Rs. 15,000 Cr Loan

BSNL planning for a loan of Rs. 15,000 Crore to pay slaries to its employees

BSNL (Bharat Sanchar Nigam Ltd) is planning to increase its value up to Rs 15,000 crore through long-term loans from banks. SBI Capital Markets has been appointed to arrange the loans to telecom PSU. BSNL is in huge debts, The PSU had registered a loss of over Rs 6,000 crore for the year 2010-11 and […]


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