From the category archives:

UK

India set to return to 8.5 pct growth in FY11 – Ahluwalia

by india-news-reporter March 12, 2010 India

MUMBAI (Reuters) – India is well-set to go back to 8.5 percent growth in the next fiscal year, a top policy adviser said on Friday.

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Hatoyama says yen is too strong

by reporter March 12, 2010 Finance

Yukio Hatoyama, the Japanese prime minister, told the Japanese parliament that the yen was too strong given the state of the country’s economic recovery

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Decision on suspended MPs by evening

by india-news-reporter March 11, 2010 India

A solution on the issue of suspension of seven Rajya Sabha members is expected by the evening. An assurance to this effect was given on Thursday by Parliamentary Affairs Minister P K Bansal in the Lok Sabha after RJD member Raghuvansh Prasad Singh vociferously protested against the members being kept out of the Upper House.

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Market expects flurry of internet IPOs

by reporter March 11, 2010 Finance

When Info Edge, which runs job portal naukri.com, came out with its initial public offer (IPO) in 2006, investors lapped up the issue as there were no close competitors whose core revenues came from the internet. However, the coming months may see many internet entities look at the next level of expansion after getting listed.

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BoI raises deposit rates by 75-150 bps

by reporter March 11, 2010 Finance

Public-sector lender Bank of India (BOI) has increased interest rates on big-ticket (wholesale and bulk) deposits by 75-150 basis points across various maturities, effective from Thursday. Interest rates on retail domestic term deposits have also been raised by 25-50 basis points.

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High-speed rail line plan awaited

by reporter March 11, 2010 Business News

Plans for a new high-speed rail line between London and Birmingham are to be published by the government later.

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Futures point to weak Wall St; Devon Energy seen up

by reporter March 11, 2010 Business News

(Reuters) – Stock index futures fell on Thursday, pointing to a weaker start for Wall Street. By 0859 GMT (3:59 a.m. ET), futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq slipped 0.2 to 0.3 percent.

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FTSE falls as mining losses outweigh retail gains

by reporter March 11, 2010 Finance

UK stocks got off to a weaker start on Thursday as investors shrugged off pleasing earnings reports from the retail sector and instead took down mining stocks

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Morrisons profit up on new stores

by reporter March 11, 2010 Business News

The UK’s fourth biggest supermarket group, Morrisons, reports a 30% rise in annual profits after it opens more stores.

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Harangody key as ND takes out Seton Hall

by sportsreporter March 11, 2010 Sports

Luke Harangody had 20 points and 10 rebounds in a healthy performance off the bench, and Notre Dame shut down Seton Hall’s high-octane offense for a 68-56 victory in the second round of the Big East tournament Wednesday night.

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Winter insurance claims hit £650m

by reporter March 10, 2010 Business News

Insurers paid out £650m from 335,000 claims made as a result of damage caused by the wintry weather in the UK.

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Global movie box office nears $30 billion in 2009

by reporter March 10, 2010 Entertainment

LOS ANGELES (Reuters) – Global movie ticket sales hit $29.9 billion last year, up 7.6 percent, with the most growth in the Asia Pacific region, the leading U.S.

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Private sector eyes opportunity in Haiti rebuilding

by reporter March 10, 2010 Business News

MIAMI (Reuters) – Rebuilding Haiti after its catastrophic earthquake should generate major contracts for private companies specializing in construction, logistics, transport and security, but U.S. executives say they need a clear reconstruction strategy to shape their business plans.

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Walmart returns items to shelves after lost sales

by reporter March 10, 2010 Business News

SAN FRANCISCO (Reuters) – Wal-Mart Stores Inc has put roughly 300 items back on its U.S.

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Avishkaar plans MFI fund

by reporter March 10, 2010 Finance

Avishkaar Venture Capital, a micro-finance industry (MFI)-focused venture capital (VC) fund, is planning to hit the market with a $100-million fund, which it hopes to close by December.

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