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NASA’s new mission to find Pluto’s rings may prove to be dangerous

Washington: Scientists from NASA’s New Horizons Pluto flyby mission are beginning to sweat as the planet’s rings, which have not been seen yet due to its great distance, are expected to be a little more dangerous than exciting.

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IMF cuts global forecasts and warns of debt crisis

Washington: The International Monetary Fund (IMF) has said that it is cutting its forecasts for growth and warning of a deeper downturn if Europe doesn''t take stronger action to stem its debt crisis.

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Twitter founder Dorsey defends business model

Munich (Germany): Twitter’s co-founder and chief, Jack Dorsey, has defended the site’s business model at a technology conference in Munich.

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CII welcomes CRR cut by RBI

New Delhi:  The Confederation of Indian Industry (CII) on Tuesday welcomed the Reserve Bank of India''s move to cut Credit Reserve Ratio (CRR) by 50 base points to 5.5 percent.

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Twitter founder Dorsey defends business model

Munich (Germany), Jan.24: Twitter’s co-founder and chief, Jack Dorsey, has defended the site’s business model at a technology conference in Munich.

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Cost of credit needs to be brought down: Anand Sharma

New Delhi: Asserting that the industry needs investment, Union Commerce and Industry Minister Anand Sharma on Monday said that cost of credit needs to be brought down.

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Corporate Affairs Minister Moily backs strong Company Bill

New Delhi: Union Corporate Affairs Minister Dr. M. Veerappa Moily on Monday said the Company Bill is only a skeleton and stressed the need to develop a mechanism, which will help to maintain transparency and fix accountability among corporate firms.

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IMF slashes 2012 global growth forecast from 4 to 3.3 percent

Washington: The International Monetary Fund has slashed its global growth forecast from 4 to 3.3 percent this year and called on the European Central Bank to boost liquidity to avert a deeper eurozone crisis.

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More Yahoo boardroom resignations on way after co-founder Yang’s exit

Washington: The exit of Yahoo co-founder Jerry Yang from the board of directors is just the beginning, and several boardroom resignations are on the way, sources have revealed.

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Two hedge fund employees arrested for insider trading that snagged Indian-origin boss Rajaratnam

New York: The US authorities have arrested two hedge fund employees in an expanding insider trading investigation that has already claimed the Indian-origin co-founder of the Galleon Group, Raj Rajaratnam.

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Now another first in India, a wedding management portal

New Delhi: Now brides and grooms have something more exciting to look forward to -- a personalised wedding website, where they can share pictures, upload videos and can also budget their wedding expenses -- all thanks to a software created by Shaadi-e-Khas.

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Now, a shopping cart to make long cash counter queues a thing of the past

Bangalore: Three engineering students in India''s southern Bangalore city have created a self-check-out-counter-shopping-cart which will be used in grocery stores across the city. The cart’s inbuilt automatic billing system makes shopping a breeze and has other positive spin-offs such as freeing staff from repetitive checkout scanning, reducing pilferage and increasing operational efficiency in stock taking.

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China’s foreign exchange reserves decline quarterly for first time in decade

Beijing:  China''s foreign exchange reserves have declined on a quarterly basis for the first time in a decade, indicating a need for the country to shore up market liquidity.

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Google admits staff ''improperly'' accessed Kenyan rival Mocality''s database

Washington: US search giant Google has admitted that its staff had ''improperly'' accessed its Kenyan rival’s database to boost its business.

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Chinese firm Foxconn to employ one million robot workers to end employee suicides

Beijing: Chinese technology firm Foxconn has reportedly confirmed that it will employ a million robots over the next three years to replace human labour.

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