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Rupee hits record low; falls most in 6 months
By Subhadip Sircar MUMBAI (Reuters) - The rupee hit a record low on Thursday, clocking its worst month in half a year, as global risk aversion deepened and as a sharp slowdown in domestic economic growth added to gloom about its prospects. The rupee, however, ended the session higher, as widespread market chatter about the RBI putting some curbs on dollar buying by state-run oil firms led to a

Naveen Patnaik to meet BJD leaders Friday
Shortly after arriving from Britain, Odisha Chief Minister Naveen Patnaik said he will be meeting party leaders here Friday, amid reports of rebellion in the ruling Biju Janata Dal (BJD).

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BEML posts Rs.14 crore net loss in Q4 of 2011-12
State-run defence behemoth BEML, at the centre of a controversey involving its Tatra heavy-duty trucks, reported a Rs.14 crore net loss for the fourth quarter of fiscal 2011-12 as against a net profit of Rs.70 crore in same period of previous fiscal (2010-11), registering a whopping decline of 80 percent year-on-year (YoY).

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800 men carried out Syria's Houla massacre
The head of an inquiry committee into a massacre in Syria's Houla village has said preliminary investigations indicate that about 800 heavily armed men carried out the attacks on government forces and slaughtered families in Houla.

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Hornets win draft lottery, will pick No. 1 in NBA

After a painful wait for a new owner, the search for a new star was a breeze for the New Orleans Hornets.

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Samsung targets 60 percent of Indian smartphone market share
Korean mobile handsets giant Samsung Electronics Thursday launched its much-awaited smartphone Galaxy S III in the Indian market and said the company had targeted 60 percent share of the Indian smartphone market in 2012.

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