FinMin, BJP spar over inflation issue In the wake of annual inflation rate touching a near 4-year high of 8.24 percent in the 12 months to May 24, the Congress-led United Progressive Alliance (UPA) Government at the center and opposition Bharatiya Janata Party (BJP) have begun a war of words, accusing each other of engaging in deception and misleading the public. 07 Jun 2008
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Pakistani parliament elects Gilani prime minister A loyalist of assassinated Pakistani opposition leader Benazir Bhutto was elected prime minister on Monday and immediately ordered the release of judges President Pervez Musharraf detained in November. 25 Mar 2008
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Police covered up UK tourist murder in Goa: Minister Police deliberately covered up the murder of a 15-year-old British teenage girl who was found dead in Goa last month, the state's tourism minister said on Monday. 14 Mar 2008
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Banking sector will not be hit by $15 billion loan waiver: FinMin Union Finance Minister P. Chidambaram is trying to soothe the frayed nerves of the banking sector by assuring that the $15 billion loan waiver package for poor and marginal farmers, announced as a budgetary policy on Feb.29, would not hurt the banking system but rather strengthen it. 09 Mar 2008
India Inc. lauds Union Budget 2008-09 but expected "more" Corporate India has lauded Union Budget 2008-09, calling it a "remarkable job" done by the Finance Minister P. Chidambaram, but added that the Budget had left them hoping for more. 02 Mar 2008
Israel minister warns Palestinians of "holocaust" Deputy Israeli Defence Minister Matan Vilnai said on Friday the Palestinians would bring on themselves what he called a "bigger holocaust" by stepping up rocket attacks on Israel from the Gaza Strip. 29 Feb 2008
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Italy finance minister wins key IMF policy post Italian Economy Minister Tommaso Padoa-Schioppa was elected to chair the International Monetary Fund's steering committee, diplomatic and IMF sources said on Wednesday, keeping Europeans in influential posts at the global financial institution. 05 Oct 2007
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India's economy to grow close to 9 percent during 2007-08: FinMin India's economy should grow close to 9 percent in 2007/08, Finance Minister Palaniappan Chidambaram said on Monday, and he said no conclusions could yet be drawn from weaker-than-expected industrial production data for July. 27 Sep 2007
