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US consumer prices dip 0.4% in April US consumer prices dip 0.4% in April The US consumer price index dropped 0.4 percent in April, bring the 12-month inflation rate down to 1.1 percent, the Bureau of Labor Statistics said Thursday.
Mauritius says its banking rules don't allow money laundering Mauritius says its banking rules don't allow money laundering Dismissing the perception of Mauritius being a route for round-tripping and laundering of black money to and from India, the country's banking industry body says that the laws governing its banks are too stringent to be abused for illicit activities.
RBS to cut 1,400 jobs over next two years RBS to cut 1,400 jobs over next two years The Royal Bank of Scotland (RBS) has that it will cut 1,400 jobs over the next two years as part of plans to restructure its retail head office operations in Britain, a media report said.
China, India to be largest investors among developing nations China, India to be largest investors among developing nations The report said that China will account 30% while Brazil, India and Russia together will account for another 13 percent of global investment in 2030.
Vikram Pandit to buy stake in JM Financial, to lead its banking foray Vikram Pandit to buy stake in JM Financial, to lead its banking foray Beginning a new innings, former Citigroup chief Vikram Pandit will spearhead Nimesh Kampani- led JM Financial's proposed banking venture and will also make a strategic investment in the financial services group.
Amazon pays mere 2.4 mn pounds tax on 4.3 bn pounds sales Amazon pays mere 2.4 mn pounds tax on 4.3 bn pounds sales Amazon's UK subsidiary has paid 2.4 million pounds as corporate tax as it earned sales worth 4.3 billion pounds last year.
'Bilateral trade with Canada may touch $15 bn by 2015' 'Bilateral trade with Canada may touch $15 bn by 2015' India's bilateral trade with Canada is expected to grow to USD 15 billion by 2015 from the present USD 5.8 billion, Canadian Consul General Richard Bale said here Thursday.
China promises to address trade deficit ahead of Li's visit China promises to address trade deficit ahead of Li's visit During Li's visit the two countries will hold the China-India CEO forum meeting and the China-India cooperation summit, he said.
Eurozone, EU economies contract in Q1 Eurozone, EU economies contract in Q1 GDP contracted 1 percent in the Eurozone and 0.70 percent in the EU during the first quarter, compared to the same period in 2012.
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