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Plain speaking! Govt raising issues no threat to RBI autonomy: Jaitley

Saturday, December 15, 2018, 8:42 AM

Finance minister Arun Jaitley on Friday denied any government intrusion into the Reserve Bank of India's (RBI's) autonomous policy turf, arguing that making suggestions on crucial matters wasn't an aberration and that the economic system works through communications and dialogues. "We can get satisfaction that inflation has been kept below the Monetary Policy Committee's target," Arun Jaitley said.
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Cramer: When J&J continues falling on Monday it could be time to buy

Saturday, December 15, 2018, 8:23 AM

Johnson & Johnson shares will keep falling on Monday and it could be an opportune time to buy, CNBC's Jim Cramer said on Friday. The stock plunged 10.4% to close at $133 a share on Friday after Reuters reported the company knew for decades that asbestos was in its baby powder. The company called the Reuters article "one-sided, false and inflammatory" in a statement.
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Nearly half of corporate CFOs are expecting a US recession by the end of 2019

Thursday, December 13, 2018, 8:54 AM

Chief financial officers at companies are pessimistic heading into 2019, with nearly half expecting a recession by the end of that year, according to a survey released. Duke University's look at where 212 CFOs stand showed that 48.6% think the next negative growth period is less than 12 months away. The results come amid best-year for GDP growth since the recovery began in mid-2009.

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