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Charles And Camilla Attend Sunday Service At Canisbay Church

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  • Iraqi police say 13 killed, seven wounded in bombing on Trade Ministry minibus in Baghdad -- AP
  • Iraqi army: Female suicide bomber kills 5, wound 11 at Green Zone checkpoint in Baghdad -- AP
  • Chavez claims win in Venezuela local election despite some opposition gains in key power center -- Reuters
  • At least 43 Sri Lankan soldiers have been killed in fresh fighting with the Tamil Tiger rebels, according to a pro-rebel news report.
  • The US government will take a $20 billion stake in the troubled Citigroup bank and will guarantee $306 billion of risky loans and securities
via @BreakingNewsOn

Marble industry of Rajasthan hit by recession

November 24th, 2008 - 4:26 pm ICT by ANI -
By Lokendra Singh Kishangarh (Rajasthan), Nov.24 (ANI): The ongoing recession has bruised the real estate sector and the marble industry of Rajasthan. Kishangarh, which was a leading town in marble processing till ...

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CII welcomes RBI measures to improve liquidity

November 16th, 2008 - 10:53 pm ICT by IANS -
New Delhi, Nov 16 (IANS) Leading industry lobby Confederation of Indian Industry (CII) Sunday welcomed the Reserve Bank of India's (RBI) measures to ease credit in the financial system.“The CII had suggested ...

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Revenue, job loss stare Karnataka in face

October 31st, 2008 - 5:49 pm ICT by IANS -
Bangalore, Oct 31 (IANS) Karnataka will celebrate its 53rd Formation Day Saturday amid fear of revenue loss to government in the wake of global financial meltdown and warning of job loss because ...

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Putin rules out state control of Russian economy

October 30th, 2008 - 3:38 pm ICT by IANS -
Novo-Ogaryovo (Russia), Oct 30 (RIA Novosti) Russian Prime Minister Vladimir Putin has ruled out state controls of the economy in the wake of the ongoing credit crisis, adding that government intervention was ...

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Global slowdown may impact China’s growth rate

October 26th, 2008 - 4:40 pm ICT by IANS -
Beijing, Oct 26 (Xinhua) Narrowing overseas demand in the wake of global economic slowdown could have a negative impact on the growth prospects of exports-dependent China, country's top banker said Sunday."Our economy ...

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Chinese economy in slow down mode in wake of global meltdown

October 21st, 2008 - 4:16 pm ICT by ANI -
Beijing, Oct.21 (ANI): The global meltdown has affected China''s booming economy too. A CBS report says that while the Chinese economy is still growing, it is doing so at its slowest pace ...

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Emaar posts lower net operating profits in till September

October 19th, 2008 - 7:57 pm ICT by IANS -
Dubai, Oct 19 (IANS) The United Arab Emirates (UAE)-based real estate giant Emaar Properties, which has major interests in India, announced Sunday that it has posted net operating profits of 12.52 billion ...

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BJP cautions against complacency on global financial crisis

October 10th, 2008 - 9:22 pm ICT by ANI -
New Delhi, Oct 10 (ANI): The UPA Government should not be complacent on the global financial crisis, BJP spokesman Prakash Javadkar said on Friday. Addressing a press conference in the capital, Javadekar ...

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UAE can withstand liquidity crunch but growth may slow: S&P

October 9th, 2008 - 10:54 am ICT by IANS -
Dubai, Oct 9 (IANS) The United Arab Emirates (UAE) is likely to withstand the current liquidity crunch but economic growth may slow down, according to ratings agency Standard & Poor's (S&P).In a ...

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Transdot all set to ‘clean up’ Kerala

October 7th, 2008 - 3:20 pm ICT by IANS -
Thiruvananthapuram, Oct 7 (IANS) Into a decade of starting its sewage treatment division, city-based Transdot is all set to 'clean up' Kerala using its latest membrane bio-reactor (MBR) process, considered to be ...

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Middle East North Africa real estate in good shape: report

October 7th, 2008 - 11:29 am ICT by IANS -
Dubai, Oct 7 (IANS) The demand-supply dynamic in the real estate sector in the Middle East and North Africa (MENA) region remains positive, according to a report by a leading real estate ...

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Inside the financial tsunami: what brought it on?

October 3rd, 2008 - 11:51 am ICT by IANS -
New Delhi, Oct 3 (IANS) The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, ...

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‘Sovereign wealth funds to invest more in commercial real estate’

September 26th, 2008 - 11:29 am ICT by IANS -
Dubai, Sep 26 (IANS) The world's commercial property markets are going to see increased investments from sovereign wealth funds (SWFs) in the next few years, especially from the Gulf, according to a ...

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Lawyers from subcontinent among least paid in UAE

September 25th, 2008 - 1:40 pm ICT by IANS -
Dubai, Sep 25 (IANS) Lawyers from the Indian subcontinent are among the least sought after in the United Arab Emirates (UAE) and they are among the lowest paid in their profession compared ...

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China stocks plunge after Wall Street losses

September 18th, 2008 - 1:12 pm ICT by IANS -
Beijing, Sep 18 (Xinhua) Chinese bourse plunged nearly 6 percent in early trading Thursday following heavy overnight losses on Wall Street. The benchmark Shanghai Composite Index plummeted 5.84 percent to close the ...

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Kuwait sets up three real estate companies

September 1st, 2008 - 5:08 pm ICT by IANS -
Dubai, Sep 1 (IANS) The Kuwaiti government has set up three companies in the real estate sector with a combined total of 9 million Kuwaiti dinars ($33.6 million).The Al-Marzam real estate company ...

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Abu Dhabi, Dubai lead UAE real estate boom

August 26th, 2008 - 1:44 pm ICT by IANS -
Dubai, Aug 26 (IANS) The booming real estate industry in the United Arab Emirates (UAE) grew at 1,200-1,500 percent between 2000 and 2007, new figures reveal.According to figures released by Dubai's Real ...

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Dubai institute offers new real estate degree programmes

August 16th, 2008 - 5:42 pm ICT by IANS -
Dubai, Aug 16 (IANS) Dubai Real Estate Institute (DREI), the Gulf's first institute to focus solely on real estate education, Saturday announced the launch of its three latest degree programmes. The latest ...

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Real estate prices set to shoot up in Kolkata

August 7th, 2008 - 2:07 pm ICT by IANS -
Kolkata, Aug 7 (IANS) Industry players expect real estate prices in the city to shoot up soon due to rising input costs. "Like other sectors, the real estate sector has also been ...

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DLF profits up by 23 percent in 2008 Q1

August 1st, 2008 - 7:05 pm ICT by IANS -
Mumbai, Aug 1(IANS) Realty major DLF Ltd has announced a profit after tax of Rs.18.64 billion during the first quarter of fiscal year 2008, a growth of nearly 23 percent from the ...

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Realtors fear further slowdown following rate hikes

July 29th, 2008 - 9:59 pm ICT by IANS -
New Delhi, July 29 (IANS) Indian realty companies have sharply criticised the central bank's move to increase repo rate and cash reserve ratio (CRR), saying this would further burden the real estate ...

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Kerala invites air taxi operators to promote tourism

July 16th, 2008 - 5:20 pm ICT by IANS -
Thiruvananthapuram, July 16 (IANS) Kerala's tourism minister Kodiyeri Balakrishnan Wednesday invited the private sector to start helicopter taxi services in the state. "We welcome all those interested in operating helicopter air taxis ...

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Bank of Rajasthan hikes interest rates

July 2nd, 2008 - 9:38 pm ICT by IANS -
Mumbai, July 2 (IANS) The Bank of Rajasthan (BoR) Wednesday announced a 0.5 percent hike in its benchmark prime lending rate (BPLR) and interest rate on term deposits. The revised rates came ...

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Ansal API’s net profit up by over 31 percent

July 1st, 2008 - 8:32 pm ICT by IANS -
New Delhi, July 1 (IANS) Realty major Ansals API's net annual profit for 2007-08 has gone up 31.32 percent, from Rs.1.32 billion registered in the last fiscal to Rs.1.74 billion, it announced ...

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UAE seeks closer business ties with South Korea

June 27th, 2008 - 3:33 pm ICT by IANS -
Seoul, June 27 (IANS) The United Arab Emirates (UAE) has called upon South Korea to invest in the Gulf country and launch global joint projects, WAM news agency reported Friday. At a ...

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Title insurance to hit the market soon

June 18th, 2008 - 8:17 pm ICT by varma -
Title insurance for property deals, a very common feature in the US and Europe, is all set to hit the Indian market, which will minimize risks associated with realty transactions. Property consultants ...

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‘Indian realty industry set for $30bn foreign investment’

June 13th, 2008 - 7:52 pm ICT by IANS -
New Delhi, June 13 (IANS) India's booming realty industry will attract foreign direct investment worth $30 billion over the next 10 years, with an annual growth of 30 percent, says a study ...

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GCC countries investing $18 bn on 46 steel plants

June 9th, 2008 - 9:41 pm ICT by IANS -
Dubai, June 9 (IANS) The Gulf Cooperation Council (GCC) countries are investing $18 billion to build 46 steel plants to meet growing demand amidst the massive construction boom in the region. Leading ...

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Uppal Group to focus on infrastructure, budget hotels

May 14th, 2008 - 11:08 pm ICT by admin -
New Delhi, May 14 (IANS) After housing and special economic zones, budget hotels and infrastructure are going to be next focus area of investment for realty firm Uppal group. "Infrastructure is going ...

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Kuwait firm in real estate business in Kerala

April 25th, 2008 - 5:33 pm ICT by admin -
Kochi, April 25 (IANS) Dewa Projects Pvt Ltd, promoted by a group of non-resident Indians in Kuwait, has announced its entry into the real estate sector in Kerala. Dewa chairman K. Venugopalan ...

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