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Stay alert on west woes: Zoellick to Asia
World Bank president Robert Zoellick has cautioned that Asian policymakers would have to remain sensitive to the developed world’s problems while managing their own economies. “I don’t believe the United States and the world will go into a double-dip (recession) but there is a high degree of uncertainty. I think in the case of the US economy, we are likely to see ongoing slow growth,

Asia braces for direct hit

For Asia, the deepening debt troubles in the West are like a giant asteroid on a collision course — too big to dodge or ignore, and difficult to pinpoint precisely where the worst damage will

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Rains lash Delhi, add to commuter woes

New Delhi: Heavy rains lashed several parts of the national capital on Friday morning, leading to waterlogging and huge traffic snarls, officials said. Commuters in Vasant Vihar, Munirka, Dhaula

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Restructuring to tackle working capital woes

Jain Irrigation stock is down 20 per cent in the current year due to concerns over high debt, increase in working capital and the recent announcement that it is setting up a non-banking financial

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States' limited grain offtake adds to storage woes
Despite an increase in storage capacities, large quantities of grains do not find adequate space, following successive years of poor lifting of additional grains allocated to states.

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Pa. governor would sign Harrisburg bankruptcy bill
Pennsylvania Gov. Tom Corbett says he'd sign a bill that would clamp down on the ability of the state's financially troubled capital city to file for federal bankruptcy protection.

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