Friday 24 May, 2013.

After declining 3 percent in March, India's gems and jewellery exports witnessed a robust growth of about 33 percent to USD 3.38 billion in April 2013.


Be fearless regulator, protect small investors: FM tells SEBI
Concerned over erosion of confidence among small investors, Finance Minister P Chidambaram on Friday asked SEBI to regulate the market fearlessly to protect their interests, and not to "bow" or "bend" before anyone.
Sensex snaps 4-day losing run;up 30 pts
Rising for the first time this week, the BSE benchmark Sensex on Friday rose by 30 points, boosted by a 5 pc jump in Tata Steel and gains in fundamentally strong stocks led by consumer durables and metals.

Naresh Goyal: Etihad deal to improve profits, cut costs
Seeking shareholders' approval for sale of 24 percent stake to Abu Dhabi-based Etihad, Jet Airways Chairman Naresh Goyal on Friday said this strategic alliance would improve the Indian carrier's profitability and lower the costs.
FM pegs fuel subsidy for current fiscal at Rs 20,000 cr
A day after agreeing to dole out a record Rs 100,000 crore in fuel subsidy for 2012-13, Finance Minister P Chidambaram has said cash payouts to oil firms this fiscal will be just Rs 20,000 crore.

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Malayalam to be granted status of classical language
Malayalam will soon be granted the status of a classical language, the Union Cabinet on Thursday approved classifying Malayalam as a 'Classical Language', Finance Min P Chidambaram said.
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