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Indian Government Preparing To Present Its Pivotal Budget

The upcoming budget in India is widely seen as a decisive moment for the ruling BJP government and the Indian Prime Minister Narendra Modi. Many believe that this budget will seek to deliver on electoral promises of improving the tax

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IMF Urges G20 To Adopt A Global Stimulus Plan

The International Monetary Fund (IMF) has issued a cautionary warning stating that the global economy is currently vulnerable and urged countries to develop a concerted stimulus plan to tackle the global slowdown. The IMF has stated this in a report

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Pound Turns Bullish As UK Inks Special Status Deal With EU

For most part of last week, GBPUSD traded between 1.4275 and 1.4332. However, the last trading day of the week saw the currency pair rising sharply to close at 1.4401. The uptrend was attributed to the landmark deal, which gave

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The Euro Declines As ECB Triggers Stimulus Speculation

After hitting a high of 1.1375 in the second week of February, 2016, the Euro continues to weaken against the US dollar and other major currencies. Most of the currency market analysts believe that the decline would extend into March

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ECB’s Negative Interest Policy May Impact EU Bank Profits

Profits of European banks are likely to be impacted to the extent of 5 to 10 percent if the European Central Bank (ECB) decides to move further into negative interest rate regime according to Morgan Stanley analysts. Euro area banks

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Indian Finance Minister Asks Investors To Have Faith & Not Panic

Indian Finance Minister Arun Jaitley has asked investors to have faith in the strength of the Indian economy and not be affected by the negative impact of global markets. This request came after India’s stock market crashed by over 800

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Is it Time to Start Trading Forex?

With the world of stocks and shares showing signs of increasing volatility it may be time for you to consider expanding your portfolio of trades if you are something of a committed Binary Options trades, and spending some time looking

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Arun Jaitley Says Indian Economy More Stable Than Ever Before

Arun Jaitley, the finance minister of India is pushing for the country to leverage all of its financial strength to plough through the global economic slowdown and markets that are extremely volatile and unpredictable. The finance minister shared his views

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Bank of Baroda Forex Scam Prompts RBI to Launch Review

The Reserve Bank of India (RBI) has asked all public banks to conduct a complete internal audit and submit findings to their audit committees and to the RBI. The RBI initiated the review after the rupees 6,100 crore forex scam

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