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Columbia University, GMAT Coming to India Soon

Here is a roundup of news from Indian newspapers, news wires and Web sites on Thursday, March 18, 2010.

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'Mismanaged scheme' inquiry call

There are calls for an inquiry into claims ministers knew of financial mismanagement at a community scheme but failed to act.

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Finmins of EU agree on aid for Greece

BRUSSELS: EU finance ministers on Tuesday discussed standby plans drawn up by countries using the euro to provide Greece with financial help if it becomes the first state in 11 years of monetary union to seek such aid. Finance ministers from the 16-country euro zone announced late on Monday they had....

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All religions are same, says Dalai

, March 17: The Dalai Lama today said that in his view there was not much difference between various religions and all of them are good for those who believe in them. "Just : Tibetan spiritual leader Dalai Lama will pay a day-long visit to Bhopal city on March 17.

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A new deal for BPL families

Gargi Parsai NEW DELHI : The Centre will set up a Central Security Fund to monetarily compensate the Below Poverty Line (BPL) beneficiaries of the Targeted Public Distribution System (TPDS) who fail to get the proposed mandatory 25 kilograms of wheat or rice per family per month at a subsidised rate of Rs.

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Nikkei slips from 2-mth high; property shares fall

TOKYO: Japan's Nikkei average edged lower on Thursday, off a two-month high hit the previous day, as property stocks like Mitsui Fudosan retreated on a brokerage downgrade and recent gainers like Canon lost ground. Market players said Tokyo shares are likely to be supported by improving corporate....

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E.U. Warns Euro Zone Heavyweights on Deficits

BRUSSELS The European Union on Wednesday warned Germany, France, Spain, Italy and the Netherlands that they are relying too much on a strong economic recovery to meet debt reduction targets. Reports by the European Commission say that the five largest nations that use the euro have “rather....

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NY Gov.'s press aide quits in scandal; 4th to fall

MICHAEL GORMLEY Associated Press Writer= ALBANY, N.Y. (AP) — Gov. David Paterson's press secretary on Wednesday became the fourth top staffer to quit amid dual scandals, resigning just hours after her boss publicly proclaimed for the first time that he did nothing wrong when he talked to a woman who had accused one of his top aides of abuse.

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Mikhail Khodorkovsky to Vladimir Putin: you owe me answers

Mikhail Khodorkovsky, the jailed former head of Russia's biggest oil company, has thrown down the gauntlet to Vladimir Putin, the man many believe personally ordered his arrest. From behind bars, the oligarch who was once Russia's richest man, has challenged the Russian Prime Minister to answer in....

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Chacha: CM turns heat on ATS chief

Maharashtra anti-Terrorist Squad (ATS) chief K P Raghuvanshi has come under fire from the Centre, the Chief Minister and the Opposition for going public with details on two men arrested for an alleged plot to carry out terror strikes in Mumbai. Raghuvanshi had publicly spoken about the alleged....

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Fire at Royal Tombs Leads to Deadly Clash in Uganda

who want more local power. Buganda traditional kingdom The trouble started on Tuesday night in Uganda’s capital, Kampala, when a suspicious fire engulfed the Kasubi tombs, built in 1882 and later converted into a royal burial ground for the Buganda kingdom.

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Tsakos Q4 & 2009 Results

2009 Highlights: - Voyage revenues of $444.9 million versus $623.0 million in 2008 - Income of $47.8 million (before vessel impairment charges of $19.1 million) versus $202.

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Statoil Initial Public Offering

Statoil's Board of Directors (OSE: STL, NYSE: STO) has decided to start a process to list its energy and retail business on the Oslo Stock Exchange. Further to

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Pfeifer VP of Business Dev, Marine Travelift

Marine Travelift, Inc. announced the promotion of Erich Pfeifer to Vice President of Business Development and Marketing. Pfeifer will be responsible for all industrial and government sales,

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Goldman Sachs Beefs Up Asia Team

Investment bank makes several appointments to its equity capital markets team for Asia excluding Japan, including Chief China Strategist Thomas Deng as head of China for the team.

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Bourbon 2009 Financial Results

For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate

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Government welcomes the Nissan green Leaf to the UK

- Nissan to build UK's first mass market electric car - Government commits £20.7m grant to support Nissan investment in battery plant and car production - Nissan investment of more than £420 million safeguards and creates 550 highly skilled engineering jobs at Sunderland News that Nissan will....

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Government supports Ford\'s major move to low carbon vehicles

- Government to support with £360 million in loan guarantees - Six projects worth more than £1.5 billion across four Ford sites - Investment to safeguard around 2,800 skilled workers Business Secretary Lord Mandelson announced today that the Government has agreed to back Ford's proposed £1.

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Asthma death pupil 'neglected'

A boy who suffered an asthma attack at a Stockport school died of natural causes contributed to by neglect, an inquest jury rules.

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MRS: Excellent conditions for mountain tourism

Sofia. Conditions in mountains are excellent for tourism, the Mountain Rescue Service with the Bulgarian Red Cross told FOCUS News Agency It is windy in the highlands. There still is avalanche hazard in mountains. Mountain rescuers advice tourists to follow winter marking and have in mind mountain paths are covered with ice.

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Taliban is part of negative presence in Afghanistan: Rao

"There are certain forces that spread terror. The Taliban is part of the very negative presence," foreign secretary Nirupama Rao, who is in the United States on a 6-day visit, said.

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US 'fully recognises' India's role in Afghanistan: Rao

Underlining the importance of stability in Afghanistan for regional security, Foreign Secretary Nirupama Rao on Thursday said Washington "fully recognises" India's role in the war-torn country and reiterated that New Delhi will not be "scaling down" following the recent attacks targeting Indians.

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South Africa: Industrial Policy Action Plan Set to Fail, Says Steel Giant

ArcelorMittal, one of SA's biggest industrial concerns, fired a broadside at the government's industrial policy action plan yesterday, warning it risked failure by being "short-changed" by too little state funding.

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World › Thailand 'Red Shirt' protesters vow class war

Thousands of demonstrators remained encamped in the historic heart of the Thai capital Thursday, vowing to engage in "class warfare" until the government is ousted.…

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Hungary's Járai Calls 3.8% Deficit “Unfeasible”

"The government’s 2010 budget deficit target of 3.8% of GDP is not feasible and could grow to 7-8% if no additional measures are taken, Fidesz former finance minister Zsigmond Járai said Tuesday.

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Canberra Shelves Vote on Telstra Split Bill

Australia's government shelved debate on controversial plans to possibly split Telstra into separate retail and wholesale network divisions until the next session of Parliament, beginning May 11.

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'Earthly Paradises', Hungarian National Gallery, Until 2 May

"The modern art collection of Elizabeth and Alexander Kasser (originally Kasza) and of the Kasser Art Foundation (established in 1969) may be of importance to Hungarian exhibition-goers for reasons beyond the fact that the collectors/founders were of Hungarian extraction.

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U.S. sees more multigenerational households

Driven partly by job losses, more households are bringing multiple generations together as "boomerang kids" flock home and people help care for grandchildren or aging parents.

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World › Australia concerned about Rio Tinto espionage trial in China

Australia expressed disappointment Thursday that charges of stealing business secrets against one of its citizens would be tried in a closed court in China, and…

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Hungarian Forint Headed Towards 260 In Relentless Surge

"The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in global markets, with US stock indices close to their highest in 18 months. Elsewhere in the CEE region, the Czech koruna was at its best vs.

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'Press Photo Exhibition', Hungarian National Museum, Until 2 May

"The 28th Hungarian Press Photo Exhibition and its accompanying exhibiton: The World of Fashion in Pictures - Yesterday and Today.

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Cash for classes?

They might not really be able to afford to send their children to university - but they also feel they cannot afford not to send them. Well-paid, blue-collar manufacturing jobs are disappearing - and without a degree there is the fear that youngsters will have to rely on insecure, badly-paid service jobs.

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Kempinski Residences and Suites, Doha to open in April

The Kempinski Residences & Suites, Doha; the first property in Qatar operated by the renowned global hospitality group, will open in April 2010. With a history dating back to 1897, Europe's oldest and most established luxury hotel collection boasts an impressive portfolio of properties across the world.

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ADEC recognized at GIS awards ceremony

The Abu Dhabi Education Council (ADEC) accepted the award for 'Best GIS Implementation for Business Support' Tuesday night at the Excellence in GIS Implementation (EGI) awards ceremony held at the Bustan Rotana Hotel in Dubai.

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Companies can now set up medical colleges

Govt has removed the bar on entry of companies into the area of medical education directly.

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H.E. Shaikh Ahmed bin Ateyatalla Al Khalifa Officially opens TRA new offices

H.E. Shaikh Ahmed bin Ateyatalla Al Khalifa, Minister of Cabinet Affaires, Minister Responsible for Telecommunications sector has officially opened The Telecommunications Regulatory Authority (TRA) new offices located in Seef District.

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'Integrity key to sustainable economic growth', EDB Chief Executive

Integrity is the key to achieving long term economic growth, Shaikh Mohammed bin Essa Al Khalifa, Chief Executive of the Bahrain Economic Development Board (EDB), has told an audience of senior delegates at an OECD regional workshop.

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Intel ships solid-state drive for fast app start-up

Intel says the drive is aimed at "dual-drive/boot drive desktop set-ups" as well as Netbooks. Solid-state drives typically offer better performance--in some cases, dramatically better performance--than hard disk drives. But SSDs cost more per gigabyte than hard drives, a fact, which, to date, has....

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Tibetan high school students protest in west China

BEIJING (Reuters) - Tibetan high school students protested in the streets of at least two towns in western China this week to mark the anniversary of an uprising against Chinese rule, and some have been detained, residents said on Thursday.

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Obama's Jakarta home district sees shift in Islam

JAKARTA (Reuters) - Some things in the central Jakarta district of Matraman have barely changed since the late 1960s, when United States President Barack Obama lived and played there.

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China says probing report on deadly faulty vaccines

BEIJING (Reuters) - China's Health Ministry is probing a report in a domestic newspaper that faulty vaccines in northern Shanxi province were responsible for killing four children and making dozens of others sick.

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IBM makes push for servers, Lotus Suite down south

MANILA, Philippines - Technology giant IBM is projecting growth in the retail, manufacturing, energy and agribusiness sectors in southern Philippines as the company eyes to expand its presence outside the capital.

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Is the U.S. doing enough to help dying Juarez?

THE BRUTAL slaying of three people connected to the U.S. consulate in Juarez, Mexico, last weekend has called attention to a crisis that is getting too little attention and resources in Washington: Mexico's desperate battle against drug traffickers. For Juarez, and for the democratic government of....

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Sen. Dodd's regulatory rewrite

REGULATORY FAILURE alone did not cause the financial crisis. Regulatory reform alone cannot prevent the next one. However, gaps and weaknesses in the regulatory structure contributed to the financial system's breakdown, and Congress should make repairs before memories of the disaster fade and complacency sets in.

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India to propose sovereign fund for oil assets: official

(ChinaPost.com.tw) - India, with US$254 billion of foreign-exchange reserves, may create a sovereign wealth fund to help state companies compete for overseas energy assets with China, a government official said.

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Obama to visit at crucial moment for Indonesia

The president's three-day trip next week will demonstrate U.S. confidence in the country's security apparatus as it adapts to a mutating militant threat. President Obama's visit to Indonesia next week will offer the unexpected image of an American president delivering a major diplomatic speech to....

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YONHAP: N. Korean technocrat executed for bungled currency reform: sources

Seoul. North Korea executed a former top finance official last week, holding him responsible for the country's currency reform fiasco that has caused massive inflation, worsened food shortages and dented leader Kim Jong-il's efforts to transfer power to a son, sources said Thursday.

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Organ transplant bill signed into law

President Asif Ali Zardari singed the human organ transplant bill into law and offered to donate his organs.

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U.S. yuan critics are like cruel 'Avatar' troops - China paper

BEIJING, March 18 (Reuters) - First it was environmentalists and indigenous activists; now China's beleagured financial officials are being compared to ...

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Thai Hot Stocks-Index off highs, Khon Kaen Sugar losses

BANGKOK, March 18 (Reuters) - Thailand's benchmark stock index was down 0.18 percent at 764.20 at 0359 GMT on Thursday. The index came off its 19-month ...

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Australia's Co says wins court dispute against JPM

SYDNEY, March 18 (Reuters) - Australia's Consolidated Minerals said on Thursday the Supreme Court of New South Wales has ruled in its favour in a fees ...

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Latest news

Finmins of EU agree on aid for Greece
06:49
BRUSSELS: EU finance ministers on Tuesday discussed standby plans drawn up by countries using the euro to provide Greece with financial help if it becomes the first state in 11 years of monetary...