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Dimon says losses indefensible, still reform skeptic

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JPMorgan Chase & Co chief executive Jamie Dimon used his much anticipated appearance before lawmakers to apologise for the bank's multibillion-dollar trading loss but he also made clear he will still

US expanding secret spy bases in Africa: Report

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The US is expanding a secret network of air bases across Africa in order to spy on Al-Qaeda and other militant groups.

The surveillance is carried out by small, unmarked turboprop planes with hidden

In search for cash, Obama keeps a celebrity cast

You could call it 'Checks and the City'. President Barack Obama is using his Hollywood access to raise money in an increasingly tight election campaign, making a stop on Thursday night at the New York

US forces to deploy pint-sized drones soon

US forces are poised to deploy pint-sized drones, small enough to fit into soldier's rucksack, but packed with tiny explosive warheads enough to blast targets with pinpoint accuracy.

The new drones c

S&P's India analysis not objective: Ashwani Kumar

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Blasting Standard and Poor's (S&P) for threatening to downgrade India's credit rating to below-investment grade, Minister of State for Planning Ashwani Kumar has said the global rating agency is no

Policy flip-flops hampering India's progress: USIBC

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Cautioning that a weakened India will be bad for the world, new chairman of industry body USIBC Ajay Banga has said policy flip-flops and unpredictable business climate are hampering the country's pro

Indians support US drone strikes: Poll

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The frequent CIA drone attacks on terrorist safe havens in countries like Pakistan is widely opposed around the world but not in India, US and UK, according to a recent survey on America's image abroad.

India will restore investor confidence, regain growth: SM Krishna

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Seeking to abate skepticism over the current business environment in India, External Affairs Minister S.M. Krishna on Tuesday claimed India will restore investor confidence and regain economic momentu

Dimon says JPMorgan failed to rein in traders

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JPMorgan chief executive Jamie Dimon will tell lawmakers that the bank's recent multibillion-dollar trading loss occurred because poorly managed traders embarked in January on a misguided hedging stra

Al-Qaeda releases new Libi video, after his death

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A new video featuring Al-Qaeda's number two Abu Yahya al-Libi, who the United States said was killed last week after a drone strike in Pakistan, was posted online on Tuesday, monitoring services said.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.