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China acts to crank up credit as economy slows
China’s central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth. The People's Bank of China (PBOC) is on the course of gentle policy easing to cushion the world's

Only Left has alternative economic policies: Karat
Blaming the United Progressive Alliance (UPA) government's faulty policies for the poor and farmers' plight, the Communist Party of India-Marxist (CPI-M) Sunday said only the Left parties had alternative economic policies and would work to rally anti-Congress and anti-Bharatiya Janata Party (BJP) left and democratic forces.

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Playing top three together would affect our fielding: Dhoni

Brisbane: Indian skipper Mahendra Singh Dhoni on Sunday backed the team's rotation policy in the top order, saying the top three batsmen were not playing each game because they are slow on the

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States attack 'Obamacare' with birth control bills

Republican lawmakers in a handful of states are opening another front in the war against President Obama's health care overhaul, seizing on the hot-button issue of birth control with bills that

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Why the big talk about small business is wrong

Mitt Romney says they're "job creators" and vows to come to their aid as president. Newt Gingrich visited them on his "jobs and growth" bus tour. President Barack Obama calls them "the engine of

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Deal trims maximum jobless benefits to 73 weeks

Millions of Americans will continue to receive long-term unemployment benefits under legislation approved Friday in Congress, but the scope of the program is being scaled back to cover fewer

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