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Top Stories- November 2004

Click Here To Return To Daily News
Click Here For News Archive


Technology spending by Asian companies is expected to rise 7.6 per cent next year to $208.7 billion.... Read More

Finance Ministry has expanded the list of transactions for which permanent account numbers (PAN) will have to be specified in all documents pertaining to such transactions. .... Read More

RBI in its report mentions that the Indian banking system has posted a strong performance during 2003-04. The financial performance of the other segments of the financial sector also registered improvement in various areas. RBI has continued to strengthen the supervisory framework .... Read More

Banks to extend finance to NBFCs against second hand assets financed by them.... Read Guidelines

Bank Employees get a wage increase of 13.25% with retrospective effect from November 1, 2002.... Read more

Electronics, computer software and services exports accounted for 15.58 per cent of the overall exports from India during 2003-04.... Read more

Indian PC market grew 35 per cent.... Read more

Finance Intelligence Unit India (FIU-Ind) is being established to prevent and combat money laundering and related crimes.... Read more

General Electric is offloading 60 per cent stake in its BPO operation GE Capital International Services (GECIS).... Read more

President A P J Abdul Kalam outlined six-point mission for banks, while inaugurating the Bankers' Conference 2004 .... Read more

RBI asks banks to ensure prompt credit of cheques.... Read more

India must correct itself on various counts to attain millennium development goals.... Read more



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