Asia's third largest economy braces for rate cut to battle low inflation

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Asia's third largest economy braces for rate cut to battle low inflation

The Reserve Bank of India was widely expected to cut its main policy rate to the lowest in the more than six years on Wednesday to battle low inflation – a common sticking point for policymakers globally.
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India Cuts Rates as RBI Sees `Urgent Need' to Boost Investment

The move was predicted by 41 of 57 economists in a Bloomberg survey with the rest seeing no change. It retained its neutral policy stance. Five of the
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FTSE 100 firms pay £150bn into pensions 'to go backwards'

Britain's largest firms have paid £150bn into their defined benefit schemes over the past 10 years but their accounting position has worsened.
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Venezuelan Assembly Will Meet to Defy Constitutional Rewrite

After months of bloody protests and a boycott by Maduro's adversaries, who decry an illegal power grab, the 545-delegate body will begin overhauling
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South Carolina May Spend 60 Years Paying for Nukes Never Built

… have been cleared by regulators to charge at least $1.7 billion for reactors that exist only on paper, filings analyzed by Bloomberg last August show.
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