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Manufacturing growth slips in July, weakest since Nov

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Shrinking export orders and sluggish output dragged Indian manufacturing growth in July down to its weakest pace since last November, a business survey showed on Wednesday.

The HSBC manufacturing Pur

Telenor deepens row with Unitech over asset sale

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Telenor's Indian mobile phone joint venture gained approval from the majority of its board members to auction off the business, deepening a row between the Norwegian carrier and local partner Unitech

German trainee fined 227,000 euros for illegal Facebook party

A German court has handed a 20-year-old apprentice a 227,000-euro ($280,000) bill to cover police costs after he organized an illegal party through the Facebook social network in the southern German t

RBI holds rates as inflation, growth outlook worsens

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The Reserve Bank of India (RBI) left interest rates unchanged for the second time since June, in line with expectations, while cutting its growth forecast and lifting its inflation outlook as economic conditions deteriorate.

Sahara to buy controlling stake in New York's Plaza Hotel for $570mn

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Sahara Group has agreed to buy a controlling stake in New York's landmark Plaza Hotel for $570 million, Elad Properties, an Israeli-owned real estate company, said on Monday.

Chidambaram to be named finance minister soon: Govt source

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The government will soon name Palaniappan Chidambaram as the new finance minister in Prime Minister Manmohan Singh's cabinet, a senior government official said on Tuesday.

Chidambaram, currently home

Govt cuts irrigation costs to drought-hit farmers

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India took steps amid its second drought in just four years to cut irrigation costs and increase fodder supplies for livestock farmers but stopped short of curbing exports of agricultural products or

Syrian aircraft strike Aleppo, rebels claim successes

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Syrian combat aircraft and artillery pounded two areas of Aleppo on Tuesday as the army battled for control of the country's biggest city, but rebel fighters said troops loyal to President Bashar al-A

In Himalayan arms race, China one-ups India

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It has all the appearance of an arms race on the roof of the world.

Asia's two great powers are facing off here in the eastern Himalayan mountains. China has vastly improved roads and is building or

Merkel and Monti pledge to do everything to protect eurozone

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German Chancellor Angela Merkel and Italian Prime Minister Mario Monti will do everything to protect the eurozone and swiftly implement measures agreed by European leaders in June, their governments s

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