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India Australia
Jaitley to leave for Australia on March 28
New Delhi, Mar 23 () Finance Minister Arun Jaitley will embark on a 4-day visit to Australia on March 28, during which he will address a Make in India conference and meet CEOs of multinational companies.
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India
Govt to consider Air India stake sale: Report
The government plans to form a four-to-five member panel, made up of officials from the finance ministry, the civil aviation ministry, the cabinet secretariat and the company, to consider selling a stake in Air India.
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India
Air India One crew to wear khadi garments soon
Cabin crew aboard the Air India One - the official aircraft of the President, the Prime Minister and the Vice-President -- will soon be wearing khadi garments to promote adoption of the indigenous fabric.
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India
India defends right to issue compulsory drug licences
India is party to TRIPS, a World Trade Organization agreement that sets down minimum standards for intellectual property regulation
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Cina
A V Rajwade: Macro issues plaguing China
Re-balancing of the country's economy from savings to consumption has led to a slowdown in growth and put pressure on the exchange rate
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India
PSU banks lose at least Rs 30k-cr to frauds in 4 years
The 26 nationalised banks, which are expecting a Rs 25,000 crore government bailout in the coming financial year have lost at least Rs 30,873.86 crore to frauds in four years -- 2011-12 to 2014-15.
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India
Government defends right to issue drug ‘compulsory licences’
The government has defended its right to grant licences allowing local companies to override patents and make cheaper copies of drugs discovered by big western drugmakers, and said reports to the contrary were "factually incorrect".
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India
Government fixes subsidy of P&K fertilizers for FY17 at Rs 21,274 crore
The government on Wednesday fixed the subsidy rates of phosphatic and potassic fertilizers for the next fiscal with an estimated outgo of Rs 21,274 crore. It approved fixation of nutrient-based subsidy rates for P&K fertilizers for 2016-17 due to decreasing trend in global prices of fertilizers.
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Giappone
Japan cuts economic assessment on weak consumer, business sentiment
The government on Wednesday downgraded its basic assessment of the national economy, citing weakening consumer and corporate sentiment due to turbulence in global financial markets and a slowdown in emerging economies. The world’s third-largest economy is “on a moderate recovery, while weakness can be seen recently,” the Cabinet Office said ...
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Giappone
Dollar moves tightly above ¥112
The dollar drifted in a narrow range above ¥112 in Tokyo trading on Wednesday, as investors retreated to the sidelines amid a lack of major trading incentives. At 5 p.m., the dollar stood at ¥112.37-38, up from ¥111.71-72 at the same time Tuesday. The euro was at $1.1189-1190, down from ...