10.50 pm Sep 28
The Supreme Court’s opinion has been interpreted by some as giving the government full freedom to set policy on natural resource allocation. But the SC has also said allocation to profit-oriented private parties should be competitive and maximise revenue for the state.
01.07 pm Sep 17
The Reserve Bank of India does not think it is the right time to cut rates, and has given more cash to banks instead. That may disappoint investors who may have been hoping that the current wave of optimism gains more momentum.
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