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Inflationrsquo

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Fed rate hike 'makes sense,' says US reserve bank president

Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the "next step" should be to start gradually increasing rates, a top US central banker......

UBS pegs rupee at 55 on reforms boost by new govt

The rupee is expected to rally to the 55 level against the US dollar on expectation that the Narendra Modi government will push ahead with major reforms, Swiss brokerage UBS said. "The......

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