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IMF Seeks More Funds for Europe

The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks.
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Divers suspend search of capsized Italy liner

Divers searching the capsized Italian cruise liner Costa Concordia suspended work on Wednesday after the vast wreck shifted slightly, but officials said they are hoping to resume as soon as possible.
A boat with rescue workers is seen near the Costa Concordia cruise ship that ran aground off the west coast of Italy, at Giglio island

Costa Concordia: List of Missing Passengers

Italian authorities released a list of 28 passengers still missing after the Costa Concordia cruise ship that capsized off the coast of Italy Friday, including a Minnesota couple named including a Minnesota couple named Barbara and Gerald Heil. .
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Top Five Drivers of India's Inflation

Observers of India's economy may wonder why inflation has persistently remained high over recent years - much higher than that in many other Asian economies.
RBI

RBI Seen Holding Rates Steady, CRR Cut Unlikely

The Reserve Bank of India (RBI) will not cut interest rates at its review on Tuesday, although it is nearly unanimously expected to do so by the end of June, a Reuters poll of 22 economists showed.
Indian woman tries on gold jewelry

India's Bullion Traders Halts Fresh Orders

India's bullion traders stayed away from placing fresh orders after a nearly 90 percent hike in gold import duty was announced earlier this week, while China's gold purchases slowed down ahead of the Lunar New Year holiday.
Yusuf Raza Gilani

Why Pakistani Army Can’t Stage a Coup Now [EXCLUSIVE]

Tensions between Pakistani Prime Minister Yousuf Raza Gilani and the military have risen over the Supreme Court investigation into a purported government memo seeking help to prevent a possible military coup.
Picture illustration shows a one euro coin on a flat screen displaying exchange rates in Rome

Ditch the Assumption that Developed Economies Safe

LONDON, Jan 17 - The downgrade of much of Europe's credit ratings demonstrates in perhaps the bluntest terms so far the collapse of any lingering -- if lazy -- assumptions that developed states are somehow safer than emerging counterparts.
Maruti Suzuki

Maruti Suzuki Raises Prices of all Its Models

Maruti Suzuki India Ltd, the country's top carmaker, raised prices of all its models on Tuesday, sending its shares up as much as 11 percent as investors rallied behind the company after months of falling sales appeared to have levelled in December.
Gold

India Changes Import Duty on Gold

India, the world's biggest consumer of bullion, has changed the import duty on gold to two percent of value from the earlier flat 300 rupees per 10 grams and that of silver to six percent of value from 1,500 rupees per kilogram, the government said.
Oprah Winfrey

Oprah Winfrey Visits India, Parties With Bollywood Stars

American talk-show host Oprah Winfrey, who arrived in India to film an episode of her talk show, was given a warm welcome and an exclusive party, which was attended by prominent stars of the Indian film industry.
IBT 1000: Whither China and India and Who's Hot and Why

IBT 1000: Whither China and India and Who's Hot and Why

The IBT 1000 List of the fastest-growing public companies in the world -- which debuts today for what its editors hope will be yearly issuance -- is a reflection of the engines driving the world's economic growth.
Rodium Realty Ltd.

IBTimes 1000: Top 6 Fastest Growing Real Estate Companies

The top six fastest growing real estate companies mirrored the state of development around the world. As the U.S. and Europe languish, recovering from a glut of pre-recession overdevelopment, Asia, India and the Middle East have seen a construction boom
Secondhand Smoke, Bed Sharing Raises SIDS Risk

Should Abortion of Female Fetuses Based on Sex Selection Be Allowed?

Kale believes physicians in Canada and the U.S. should adopt policies that limit the information released about the sex of unborn fetuses to after 30 weeks. Kale indicates that because families can discover the sex of their child early in pregnancies, selective abortions occur that target female fetuses.

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