Sunday 23 November 2014
 
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India

Indian refiners pay $400m to Iran under interim deal

Indian refiners paid $400 million to Iran ahead of a November 24 deadline of the interim deal with six world powers that allows Tehran to recover part of its overseas frozen oil revenues, two industry source privy to the development said.

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India's October Iran oil imports rise 60 pc

India bought 60 per cent more Iranian oil in October than a year ago as refiners held to higher volumes despite signs that world powers and Iran might not reach a final agreement on Tehran's disputed nuclear programme before a November 24

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India urges pay boost for millions of Gulf workers

India is pressing rich countries in the Gulf to raise the wages of millions of Indians working there, causing concerns in the region’s construction industry about increase in labour costs. Over five million Indian nationals

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India urges higher pay for millions of Gulf workers

India is pressing rich countries in the Gulf to raise the wages of millions of Indians working there, in a drive that could secure it billions of dollars in fresh income but risks pricing some of its citizens out of the market. Ov

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India's inflation plunges to 5-year low

India's wholesale inflation cooled to a fresh five-year low as fuel and food prices fell, firing hopes the hawkish central bank could finally start cutting interest rates and spur stumbling economic growth. The Wholesale Price

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WTO sees global trade pact within two weeks

The World Trade Organization said on Friday there was a "high probability" that a major deal on streamlining global customs rules will be implemented within two weeks after India and the US overcame a key impasse. "

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India-US deal paves way for $1 trillion world trade boost

India won US support for a massive domestic food stockpiling scheme on Thursday, rescuing the biggest global trade deal in two decades and giving new Prime Minister Narendra Modi a victory without major concessions. Under the pact

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India-US deal paves way for $1 trillion world trade boost

India won US support for a massive domestic food stockpiling scheme on Thursday, rescuing the biggest global trade deal in two decades and giving new Prime Minister Narendra Modi a victory without major concessions. Under the pact

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$250bn ‘needed to tackle energy crunch’ in India

India needs to invest $250 billion over the next five years to tackle chronic energy shortages and provide power for all its 1.2 billion people, its power minister said on Thursday. Piyush Goyal said the bulk of the investment wou

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$250bn ‘needed to tackle energy crunch’ in India

India needs to invest $250 billion over the next five years to tackle chronic energy shortages and provide power for all its 1.2 billion people, its power minister said on Thursday. Piyush Goyal said the bulk of the investment wou

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