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    India's central bank, the Reserve Bank of India (RBI) slashed, Saturday, its key short-term lending rate or repo rate by 50 basis points to 7.5 percent and banks' cash reserve requirement (cash reserve ratio or CRR or the proportion of deposits banks ...
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    When the Legislature returns Tuesday for a special session to address New York state’s $1.5 billion budget deficit for the current fiscal year, it will be considering a proposal made by Gov. David A. Paterson to cut $5.2 billion over the next year and a half.
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