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India Shares End Higher; Tech, Banks, Reliance Industries Lead Wall Street Journal Banks rose as dealers felt India's central bank could now soften its tight monetary stance after US Fed Chairman Ben Bernanke Friday didn't opt for another round of quantitative easing, which could have pushed up commodity prices and stoked inflation ... See all stories on this topic »

Graft crisis may hand India "Eureka" moment on reform Reuters India By Alistair Scrutton NEW DELHI (Reuters) - If the optimists are to be believed, India's huge anti-corruption protests may give impetus to a beleaguered government to push its reform process and help ailing economic growth and plummeting business ... See all stories on this topic » Reuters India

RBI Issues Private Bank License Guidelines Wall Street Journal By NUPUR ACHARYA MUMBAI – India's central bank Monday released its much-awaited draft guidelines for new banking licenses, with the basic message that it is looking for companies with diversified ownership and less exposure to risky business such as ... See all stories on this topic » Wall Street Journal

Criminal cases of 1200 Kashmiris to be dropped The Associated Press SRINAGAR, India (AP) — Authorities in the Indian-controlled portion of Kashmir are dropping about 1200 criminal cases against young Kashmiri men for allegedly throwing stones during violent protests against Indian rule last year, officials said. ... See all stories on this topic » The Associated Press

Top India Tech Firms Hiring As Planned Despite Economic Fears Wall Street Journal By Dhanya Ann Thoppil BANGALORE (Dow Jones)--India's top three technology companies are going ahead with their hiring programs as planned despite concerns that global economic uncertainties may slow business growth for outsourcing-services providers. ... See all stories on this topic »

Budget Cuts and Uncertainty Ahead for Indian Outsourcers PCWorld By John Ribeiro, IDG News Economic problems in the US are likely to lead to cuts in IT budgets, of up to 10 percent in some cases, according to a report released Monday by Offshore Insights, a research and advisory firm in Pune, India. ... See all stories on this topic »

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