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Turkey’s economic growth to be below potential: IMF

  ANKARA / Reuters Turkey’s growth will be below potential in 2016 and this year, the International Monetary Fund said, citing political uncertainty, strained relations with Europe and insecurity at home and in the region. The IMF said growth in 2016 would be 2.7 percent, below the government’s official 3.2 percent forecast, rising to just 2.9 percent in 2017, below ...

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Modi power plans are slow to light rural India

  Bloomberg Screams alerted Dadasaheb Vidhate to the fire trapping three of his children in the family’s thatched-roof hut in rural India. “Neighbors rushed to help douse the fire, but we couldn’t save anyone,” Vidhate, 45, said of the blaze four years ago, which he blames on an overturned kerosene lamp. “My children were burned alive before my eyes.” With ...

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India opens coal-mining market for the first time in four decades

  Bloomberg India plans to allow non-state mining companies to mine and sell coal for the first time in more than four decades, federal coal secretary Susheel Kumar said. The nation’s coal ministry will auction four mines to both state-run and private companies during the year starting April 1, Kumar told reporters in New Delhi. The winning bidders will have ...

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