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India's steel consumption up by 5.7% in April-Sep period
India"s steel consumption rose by 5.7 per cent to 26.49 million tonnes in the first six months of the current fiscal over the same period a year ago on account of improved demand from sectors like automobile and consumer durables.

Barclays to scale down expansion plans in India
British banking giant Barclays is curtailing international expansion plans under a crackdown imposed by its new head of retail banking, Anthony Jenkins, a media report says.

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My life in food
Noted economist Suman Bery is both passionate and learned about this art form.
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US markets mixed, Tata Communications tank

US markets ended mixed on Tuesday as the Nasdaq edged up on news of a railroad acquisition. The Dow, however, slipped on statements of the US Federal reserve. - Exports drop by 13.8% in September - US markets edge up on fresh data - M Govinda Rao: Timing the exit right">M Govinda Rao: Timing the exit right - "All markets are now recovering" - Excise duty holds up software imports - Pranab to meet economic editors tomorrow The Nasdaq was up eight points at 2,057. The Dow slipped 18 points to 9,772. Indian ADRs were mixed. Tata Communications slumped 8% to $14.94. Sterlite shed 2.5% at $15.69. Dr Reddy"s dropped 2% to $22.49. Wipro and Patni Computers were down around 1% each. Meanwhile, Tata Motors added 2% to $11.98. Genpact and ICICI Bank advanced 1% each to $12.14 and $33.09, respectively.


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