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rba-surprises-on-interest-rate-hold

RBA surprises on interest rate hold

EDITORS' NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIALS Investors' hopes for a rate cut down under dashed. The Reserve Bank of Australia held interest rates steady after cutting to a record low of Mar 3, 2015
union-budget-is-practical-pragmatic-and-prudent-pm-modi

Union Budget is practical, pragmatic and prudent: PM Modi

New Delhi, Feb 28 (ANI): Prime Minister Narendra Modi on Friday said the Union Budget for 2015-16 is a budget with a clear vision, and one that is progressive, positive, practical, pragmatic and prudent. "Budget 2015 has a distinct focus on farmers, youth, poor, neo-middle class and the Aam Nagrik. It delivers on growth, equity and job creation," Prime Minister Modi tweeted. "Budget is investment friendly and removes all doubts on tax issues. It assures investors that we have a stable, predictable and fair tax system," he added. "From housing for all, jobs, health, education and total electrification, FM laid down goals to be achieved by 2022, India's Amrut Mahotsav ," he tweeted. Prime Minister Modi congratulated Jaitley for doing an excellent job in respecting the aspirations of the states and at the same time delivering on national priorities. Feb 28, 2015
philip-hammond-jihadi-john-mohammed-emwazi-british-government-isis

Philip Hammond, Jihadi John, Mohammed Emwazi, British Government, ISIS

Maharashtra/ Madhya Pradesh/ Kerala, Feb 28 (ANI): Citizens across India hope that Narendra Modi government comes up with a pro-people budget as it prepares to present its first full-fledged annual budget in Parliament for the fiscal year 2015-16. Prime Minister Narendra Modi's target for free-market economics faces a major test on Saturday (February 28), in a budget India's top economic advisor has warned could wreck the leader's promises of "good days"if there's no roadmap to reform. Reaping the benefits of low global prices for oil, India's main import, Modi's government sees itself in a sweet spot with spare cash to modernize ageing roads and railways without busting fiscal deficit and inflation targets. However, analysts warn that Indian stocks are overvalued and that equity markets could see a sell off of 6-8 percent if the pro-growth measures in the budget, to be unveiled by Finance Minister Arun Jaitley at 11.00 a.m. (0530 GMT), fall short of expectations Feb 28, 2015
hong-kong-property-giant-defies-the-odds

Hong Kong property giant defies the odds

Back from the brink of having its reputation dragged through the mud, Hong Kong's largest property developer still looks shiny to investors. Sun Hung Kai Properties owns quite a bit of Hong Kong's Feb 27, 2015
finance-minister-jaitley-to-present-economic-survey-2014-2015-in-parliament

Finance Minister Jaitley to present Economic Survey 2014-2015 in Parliament

New Delhi, Feb 27 (ANI): Finance Minister Arun Jaitley is all set to present the Economic Survey 2014-2015 in the Parliament on Frriday. The documents of the economic survey has already reached the Parliament and is being inspected and checked by the security officials along with sniffer dogs. The survey reviews the developments in the Indian economy over the past year. It highlights the performance on major development programmes and policy initiatives of the government, say reports. The survey also points out the prospects of the economy in the short to medium term and is presented to both Houses of Parliament. Meanwhile, investors have maintained cautious stance ahead of the Economic Survey even as sensex gains over 150 points. Feb 27, 2015
china-stocks-to-welcome-short-selling

China stocks to welcome short-selling

Fresh off of the Lunar New Year holiday break, the main Chinese stock exchange is opening its doors to short sellers. As soon as next week, foreign investors will for the first time be able to short Feb 25, 2015
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