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The Reserve Bank of India logo is pictured outside its head office in Mumbai

Reserve Bank Of India Likely To Cut Repo Rate

The Reserve Bank of India (RBI) is expected to ease rates when it announces the annual credit policy on Tuesday, in order to lift constraints on lending and in a response to the continued shortage of liquidity in the banking sector faced with a slow moving economy.
Taliban Attack in Kabul

Taliban Attack Embassies, Parliament In Heart Of Kabul

Taliban fighters launched a coordinated wave of assaults across Afghanistan Sunday, targeting the embassy district of Kabul and parliament, as well as trying to strike an airbase used by American troops, officials said.
Gold Coins

Gold Prices Fall Hard As Dollar Soars

Gold prices slipped below $1,670 an ounce on Friday, pausing in their biggest one-week rally since late February as the dollar firmed against key currencies, with the euro falling out of favour due to worries over Spain's financial health.
Air India, a struggling state-owned airline, is set to receive $5 billion in cash injection from the Indian government

Unprofitable Air India Getting $5B From Govt

Struggling, unprofitable state-owned Air India Ltd. is set to receive 300 billion rupees ($5.8 billion) in bailout money from the country's government as it struggles with tough competition and high fuel cost.
The Nissan logo on a car.

Nissan Expanding Chinese Operations

Nissan Motor Co. will invest as much as 40 billion yen, $494 million, to build a fourth Chinese factory through its joint venture with Dongfeng Motor Group Co., Nikkei reported Friday.
Infosys

Infosys Q4 Profit Rises, But Shares Fall On Poor Guidance

Indian software services firm Infosys Technologies Ltd Friday reported 27.4 percent quarterly rise in profit, but presented disappointing guidance for future sales subsequent to the uncertainties in the global economy and the volatile nature of the currency.
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My Little India

On my first visit back to my neighbourhood street after a long stint of living abroad, I felt l was plunging headfirst into the Great Indian melting pot.
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India, China Headed for Asbestos Catastrophe: Experts

India and China are headed for an absolute catastrophe of death and disease because of likely massive jump in asbestos-related diseases in the coming decades, says a report written by Pulitzer winning journalist Gary Cohn.
Source: Pew Charitable Trusts

US Reclaims Top Rank From China In Clean Energy Investments

The US reclaimed the top position as the biggest investor in clean energy last year, with clean energy finance and investment witnessing a growth $48 billion, a 42 percent increase over 2010, according to a global rank list published in a report by the Pew Charitable Trusts.

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