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Fiscal deficit till July at 40% of the full-year target
India"s fiscal deficit touched 40 per cent of the full-year estimate in the first four months of FY10, kindling fears that expenses will exceed income beyond what was projected earlier. generic levitra

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India, Russia sign Nuclear deal
Deal goes ‘much further’ than the 123 agreement between India and US.

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Govt sets up Task Force to look into MSME sector demands
The government is setting up a high-level Task Force to address the problems of Micro, Small and Medium Enterprises (MSMEs) which have been demanding adequate financing and other incentives to tide over the economic slowdown.
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J&K Bank turns negative

The stock pared its gains and slipped to a low of Rs 425. The scrip finally settled at Rs 431, down 2%. Around 6,522 shares have been traded on the BSE today as compared to the two-week daily average traded volumes of 2,352 shares. ______________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 445 and surged 3% to touch a high of Rs 452. The stock is now up 2% at Rs 447. Around 1,482 shares have been traded on the BSE so far. Jammu and Kashmir Bank"s net profit increased 24% to Rs 117.05 crore in the quarter ended June 2009, as against the Rs 94.56 crore in the corresponding quarter a year ago. The total income is also up 24% at Rs 89,105 crore in Q1FY10 as against Rs 71,630 crore in Q1FY09. The bank has succesfully brought down its cost to income ratio to 33% from 38% a year ago.


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