NEW DELHI, May 21 (Reuters) - India's MMTC Ltd has bought 26,000 tonnes of RBD palmolein at $1,059 per tonne, trade and government sources said on Monday, lower than the last known price paid by

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Morgan Stanley cuts India's 2012 economic growth forecast to 6.3 percent from prior 6.9 percent; 2013 forecast to 6.8 percent from 7.5 percent. On a financial year basis, Morgan Stanley expects FY13

- State-owned Indian steelmaker Rashtriya Ispat Nigam Ltd has filed a draft prospectus for an initial public offer, involving a 10 percent stake sale by the government.

* New plan for coal port backs two additional terminals

India's overnight cash rate rises to 8.25/30 percent from 8.20/25 percent on Friday as demand for funds increases at the start of a fresh reporting two-week cycle. Banks' repo borrowings from the RBI

European shares hit a fresh five-month low on Monday after losing more than 5 percent last week as investors remained jittery about the ability of Greece and Spain to deal with their debt problems and

May 21 (Reuters) - Augere, which owns 4G broadband airwaves in one of India's 22 telecoms zones, has stopped operational activities and is set to sell its airwaves due to regulatory uncertainties

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