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The micro, small and medium enterprises (MSME) sector in the country will be increasingly looking at non-traditional sources for financing needs, a business outlook survey conducted by Confederation of Indian Industry (CII) revealed Read more

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Bajaj Allianz Life Insurance is the second largest private life insurer in India. At the helm of Bajaj Allianz is Kamesh Goyal, regional CEO for Allianz Middle-East, North Africa and South Asia Region and CEO Bajaj Allianz Life Insurance. In an interface with ET, Mr Goyal speaks of his strategy for this high growth market. Read more

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New figures from Access Economics show Tasmania’s economy is in a strong position, and business confidence is growing.

However Tasmania’s Chamber of Commerce and Industry (TCCI) is not convinced it is all good news. Read more

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Wellington lawyer and National Party candidate Stephen Franks says the coverage of the Electoral Finance Act is so wide it may unwittingly capture the play The Hollow Men.

Mr Franks has raised the issue of the play, being staged at Auckland’s Maidment Theatre, with the Electoral Commission, seeking an interpretation of whether it fits the Act’s definition of election advertising. Read more

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Steep dividend cuts and losses in their company’s home- and consumer-lending divisions didn’t seem to faze CIT Group’s investors, who were happy to bid up the stock on hopes for a future focused on the firm’s commercial finance business. Read more

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CMS Forex announced the release of its Java based platform, VT Mobile Trader. This revolutionary application features comprehensive trading on cellular phones as well as other handheld devices. “VT Mobile gives our clients the same platform quality and advanced charting and technical analysis tools of VT Trader, but with the freedom to trade nearly anywhere at any time and with data updated in real time,” said Eugene Hawkin, COO of Capital Market Services, LLC. Read more

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ISLAMABAD, April 18: The Asian Development Bank (ADB) is willing to invest $5 billion in the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline and wants to support energy sector projects in Pakistan.

Talking to reporters at the end of his two-day visit on Friday, ADB’s Director-General for Central and West Asia Department Jaun M. Miranda said that although the bank was willing to finance the Tapi project, it would not finance the $7 billion Iran-Pakistan-India gas pipeline project on which the United States had reservations. Read more

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Foreign exchange (forex) reserves rose $482 million to touch $314 billion during the week ended April 11. After a pile-up of almost $8 billion in the past two weeks, the growth in reserves has slowed down this week. The government, on the other hand, is withdrawing surplus cash parked with the central bank, which is adding to the liquidity in the system in the process. Read more

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KUALA LUMPUR, (Bernama) — The ringgit is expected to record new 10-year high against the U.S. dollar next week on the greenback’s weakness following market participants’ persistent fear over the fate of the U.S. economy, dealers said. Read more

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The U.S. dollar has been struggling against the yen as risk appetite has fallen following a slide in US stocks, prompted by weak earnings at the world’s biggest industrial conglomerate General Electric Co. Read more