India & Pakistan News
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Asian stocks rose for a sixth week, with the regional benchmark posting its longest winning streak since 2010, as Federal Reserve Chairman Ben S. Bernanke pledged to keep interest rates near zero until 2014 and India eased curbs on lending.
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Global finance chiefs warned no economy is safe from Europe’s debt crisis, adding urgency to their calls for its governments to deliver a swift resolution.
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Lawyers for Rajat Gupta, the former Goldman Sachs Group Inc. and Procter & Gamble Co. director who has denied U.S. charges he leaked stock tips to Raj Rajaratnam, are investigating whether the hedge fund manager had a different inside source at the companies.
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Sometimes a single fact stands out amid all the clutter, offering a flash of insight and clarity. Here is one of them: Citigroup Inc. Chief Executive Officer Vikram Pandit is a co-chairman of the World Economic Forum’s annual meeting this week in Davos, Switzerland.