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Australian PM in crisis for defending Adani project

Australian PM in crisis for defending Adani project

By Rekha Bhattacharjee Sydney:(IANS) Even though the mining pundits are convinced that India’s Adani Group is all set to quit Australia because of a chain of delays, Prime Minister Tony Abbott has come out openly to support the proposed mega ...

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Australian central bank upbeat on economy

Australian central bank upbeat on economy

Sydney:(IANS) The Reserve Bank of Australia (RBA) appears likely to hold off on another interest rate cut, issuing an upbeat assessment of the Australian economy on Friday. The central bank expects Australia’s economy to grow to between 3.0 and 4.5 ...

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Gold up on weak US dollar, falling stocks

Gold up on weak US dollar, falling stocks

Chicago:(IANS) Gold futures on the COMEX division of the New York Mercantile Exchange rose on a weaker US dollar. The most active gold contract for December delivery rose $4.5 US, or 0.41 percent, to settle at 1,090.10 dollars per ounce ...

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Rise in number of Indian tourists to Abu Dhabi

Rise in number of Indian tourists to Abu Dhabi

Hyderabad:(IANS) The number of Indian tourists to Abu Dhabi grew by 17 percent in the first five months of 2015 over the same period last year, an official said here on Wednesday. Abu Dhabi received 105,031 Indian hotel guests from ...

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Danish group Danfoss inaugurates $10 mn lab

Danish group Danfoss inaugurates $10 mn lab

Chennai:(IANS) Heating, ventilation and air-conditioning (HVAC) systems global major Danfoss on Wednesday inaugurated a psychrometric laboratory, set up at a cost of $10 million, a top official of the Danish company’s Indian subsidiary said. “Not many labs like this are ...

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Salma dam nears completion in Afghanistan

Salma dam nears completion in Afghanistan

Kabul/New Delhi:(IANS) India’s major reconstruction project in Afghanistan, the Salma Dam, is nearing completion, and water has started filling up its reservoirs — delighting Afghan residents in the western Herat province where it is located. On Tuesday, grateful residents of ...

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New Malaysia airport sinking: AirAsia

New Malaysia airport sinking: AirAsia

Kuala Lumpur:(IANS) Malaysian low-cost  airline AirAsia on Monday urged authorities to speed up repair works at the Kuala Lumpur International Airport 2(KLIA2) terminal, claiming the tarmac was “sinking”. AirAsia chief Tony Fernandes slammed aviation officials for an incident on Saturday ...

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