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India’s trade deficit widens to $20 bn in January

New Delhi:  India's trade deficit widened to $20 billion in January, the second highest ever monthly gap, as exports remained weak while imports rose,...

Australian business confidence slumps

Sydney: Australian business confidence slumped to its lowest level in more than three years in November, a business survey released Tuesday by National Australia...

Indian students lead rush for foreign MBA courses

New Delhi: India contributes the highest number of foreign applicants to full-time MBA programmes. This comes despite the dip in overall number of applications...

RBA should cut interest rates to avoid recession

The Federal Opposition and a top economist have urged the Reserve Bank to cut the interest rate by at least 0.25 percentage points to...

NRIs, resident Indians can open joint accounts

Mumbai: The Reserve Bank has allowed Non-Resident Indians (NRIs) to hold joint accounts with Indian residents. The RBI is liberalising these foreign exchange rules...

Slower-than-expected growth likely: ADB

Hong Kong: Asia's developing economies will post slower-than-expected growth this year and in 2012 as key trading partners reduce orders amid worries about the...

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