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Globescan: Happy Tidings

The Labour Department said its Consumer Price Index, excluding the volatile food and energy components, increased 0.3 per cent last month, the biggest gain since August 2011, following a 0.2 per cent rise in December.

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Economy: Three Men Standing

Team Modi, after the initial hype, has been pilloried for its inability to govern well. But all is not lost. Three solid pillars have emerged, and they are in a hurry to build a strong foundation for growth

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Farmers Deep In Debt, Seek Subsidies, Help With Insurance

More than half India's farming households are in debt, owing banks and moneylenders hundreds of millions of rupees, despite numerous loan write-offs by successive governments

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Sensex Recovers 39 Points Ahead Of Rail Budget

Brokers said increased buying by investors in blue-chips ahead of the rail budget's presentation buoyed mood

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5.5 Million Indians Being Trained, 231 Million Need Skills

As many as 5.5 million people are currently enrolled in skilling courses and 2.4 million youth have been placed in jobs as skilled workers since April 2015, according to data released by the government.

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British Pound At Seven-Year Low On Brexit Fears

The euro also firmed to its highest level against the pound since December 2014 at 79.25 pence, but was on the back foot against many other currencies on fears a British exit could mean an uncertain future for Europe

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Mukesh Ambani Richest Indian, Net Worth Jumps 30% To $26 Billion

The total number of billionaires from India has risen to 111, consolidating the country's third position after China and the US, according to Hurun Global Rich List 2016

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Parliamentary Panel Says Banks Urgently Need To Clean Up Bad Debts

Bankers are of the view that bad loans are set to go up further this quarter as the clean- up continues

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Tata Steel Says Europe CEO To Leave To Join German Firm

Tata Steel has said its Europe unit's chief executive, Karl Koehler, is stepping down to take up a senior leadership position with a large, privately owned industrial company in Germany

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Railway Budget: More Public Cash Eyed As Turnaround Remains Elusive

Indian Railways will have to depend on more government support and borrowing to fix their finances in its budget on Thursday, with New Delhi reluctant to unveil steep fare hikes ahead of key state elections

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