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Cashier counts currency notes inside bank in Lucknow

Rupee near record low after GDP data
Rupee trading at 56.38/39, still near the record low of 56.52 hit before the Jan-March GDP data. Indian economy grew at 5.3 percent in the January-March quarter, well below expectations for 6.1 percent expansion. Data seen raising expectations for interest rate cuts. Traders on watch for RBI intervention, though not seen yet.

Kingfisher shares fall to record low on Q4 net loss
MUMBAI (Reuters) - Shares in cash-strapped Kingfisher Airlines' fell more that 4 percent to a record low, a day after saying net loss more than trebled in the January-March quarter because

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Kingfishers shares fall to record low on Q4 net loss

Shares in cash-strapped Kingfisher Airlines ' fell more that 4 percent to a record low, a day after saying net loss more than trebled in the January-March quarter because of higher fuel prices and a

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BSE Sensex dips on Tata Motors, rupee
The BSE Sensex fell 0.77 percent on Wednesday as disappointing quarterly earnings struck index heavyweight Tata Motors compounding cautious sentiments a day before GDP data and the expiry of derivatives.

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UN blasted for appointing 'blood on hands' Zimbabwean prez Mugabe 'leader of tourism'
The United Nations' appointment of Zimbabwean President Robert Mugabe as the leader for tourism, despite being subject to a travel ban, has been strongly criticized by his political opponents.

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European shares erase gains, Greek fears linger
LONDON, May 25 (Reuters) - European shares erased their earlier gains to turn flat on Friday, as some traders looked to book profits on the back of a two-day rally with fears over Greece still

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