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Commission expenses of life insurers up 5.64%
Spurred by growth in the number of policies renewed, commission expenses of the life insurance industry grew by 5.64 per cent in 2008-09 to Rs 15,533 crore as against Rs 14,704 crore in the corresponding period last year.

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China's growth superior but would prefer Indian path: PM
With the world applauding Chinese economy, Prime Minister Manmohan Singh today contrasted it with India"s growth, which has been achieved in a democratic society and said he would stick to the Indian path.

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Pvt carriers still booking tickets for Aug 18
Under attack from the government, the agitating private airlines who are demanding a bailout package, have kept bookings open for customers who want to fly on Aug 18, the day they have threatened to go on strike.
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Rupee gains 8 paise to 46.22 vs $

The Indian rupee today inched higher by 8 paise to 46.22 against the US dollar in early trade on expectations of fresh capital inflows by foreign funds into Indian bourses. - K Subrahmanyam: Partnering with the US: Yes we can!">K Subrahmanyam: Partnering with the US: Yes we can! - Bernanke says Fed will keep eye on sliding dollar - Rupee marginally up by 8 paise at 46.13/$ - Oil falls in Asia after overnight gains - Rupee up 20 paise at 46.11/$ - Rupee down 4 paise at 46.69/$ in early trade However, dollar"s gains against other major currencies were limited. At the Interbank Foreign Exchange (Forex) market, the local unit edged higher by 8 paise to 46.22 a dollar. The rupee ended 9 paise down at 46.30/32 in the previous session. Forex dealers said expectations of fresh capital inflows into equities by foreign funds as market may open in positive zone in tandem with other Asian markets which are marginally up in early trade and dollar selling by exporters, supported the rupee.


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