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India
Poor labourers paying price for India's cheap car boom
Car makers such as Maruti Suzuki India and Hyundai Motor see huge growth in India, set to become the world's third-largest auto market by 2020 as millions buy their first new car. India is also becoming a low-cost export hub for global car makers such as General Motors and Ford ...
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India
India to be fastest growing big economy in 2016: UN
India will be the fastest growing big economy in the world in 2016, a United Nations World Economic Situation and Prospects 2016 report said on Friday. "India's economy, which accounts for over 70 percent of South Asia's GDP, is projected to grow by 7.3 percent in 2016 and 7.5 percent ...
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India
Sensex surges 473 points to recover from 20-month low
Equities staged a sharp pullback rally on Friday to recover from 20-month low as the benchmark BSE Sensex surged over 473 points to 24,435.66, tracking gains in global markets on hopes of a fresh stimulus from the euro zone and rebound in oil prices.
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Cina India
India can stand out with reforms, planning: Arun Jaitley
India can stand out in the gloomy global economic situation with headwinds from China and the US if it continues with "reforms and responsible economic planning", finance minister Arun Jaitley on Friday said expressing confidence that the country will prove its resilience.
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Giappone
Ajinomoto to raise Knorr Cup Soup prices for first time in 33 years
Major food maker Ajinomoto Co. said Friday it will raise the prices of Knorr Cup Soup products for the first time in 33 years. The prices for 29 Knorr powdered soup products will rise by somewhere between 4 to 8 percent for shipments from April 1, reflecting higher prices for ...
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Giappone
Nikkei spikes more than 900 points after rebounds overseas
Stocks bounced back steeply Friday thanks to aggressive buybacks of a wide range of beaten down issues that sent the key Nikkei average soaring more than 900 points. The 225-issue Nikkei closed at 16,958.53, up 941.27 points, or 5.88 percent, from Thursday, posting its biggest single-day gain since Sept. 9, ...
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Giappone
Dollar rises above ¥118 in Tokyo following ECB easing hint
The dollar soared above ¥118 in Tokyo trading on Friday as risk aversion receded following a surge in Japanese stocks. At 5 p.m., the dollar stood at ¥118.07-08, up from ¥116.73-74 the same time Thursday. The euro was at $1.0830-0831, down from $1.0906-0908, and at ¥127.87-89, up from ¥127.32-33. The ...
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Giappone
Aso claims 2017 tax hike will ‘certainly’ go through
Finance Minister Taro Aso said in his new year policy speech Friday that he will “certainly” go through with the second stage of the consumption tax hike to 10 percent in April 2017 to secure international trust in Japan’s efforts to return to fiscal health. The finance chief, who doubles ...
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Giappone
JICA-trained Vietnamese fishermen sell first tuna in Japan
The sale of tuna caught in Vietnamese waters at a wholesale market in Osaka on Friday marked a major step forward for fishermen who have struggled to keep their catches fresh enough for Japanese tastes. The fishermen have adopted a system that stuns the fish with electric current, preventing them ...
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Giappone
BOJ on verge of fresh inflation target delay, putting monetary policy under scrutiny
The Bank of Japan is poised, for the third time in less than a year, to push back the time frame for reaching its inflation target, making it harder for policymakers to hold off from enlarging monetary stimulus. Gov. Haruhiko Kuroda until now has been resisting further expansion of the ...