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Lafarge India begins Rs 10,000-cr sell-off

Lafarge India begins its sale process this week after receiving approval from the Competition Commission of India. The French cement giant has appointed Arpwood Capital and Citi as investment bankers to sell the entire India operations, which has an annual…

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IMF: Vietnam?s economy at risk without reforms

Vietnam risks being vulnerable to external shocks if it does not push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde.The Southeast Asian nation is not in a position to…

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Bullard says Fed's goals largely met, rates should edge up

The U.S. central bank’s inflation and employment goals have essentially been met and it would be “prudent” to edge interest rates higher, St. Louis Fed President James Bullard said on Friday. “Prudent policy suggests edging the policy rate and the…

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Bullard says Fed's goals largely met, rates should edge up

The U.S. central bank’s inflation and employment goals have essentially been met and it would be “prudent” to edge interest rates higher, St. Louis Fed President James Bullard said on Friday. “Prudent policy suggests edging the policy rate and the…

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