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News
Euro zone row gets fat pay rise for German workers
Germany's largest industrial union IG Metall agreed to a 4.3% pay rise from employers just before dawn on Saturday, giving the 3.6 million car and engineering industry workers their biggest wage increase since a 5.4 % deal in 1992.

G8 leaders agree on global growth, fiscal responsibility
At the end of their two-day here, the leaders of the G-8 -- the exclusive group of top eight economic nations made up of the US, Japan, Britain, Germany, France, Italy, Canada and Russia -- agreed that growth and jobs must be their "top priority."

Global economic recovery shows signs of promise: G8
G-8 leaders said while committing to take all necessary steps to strengthen and reinvigorate economies and combat financial stresses.

Falling rupee a concern; Centre not sitting idle: Pranab Mukherjee
The Finance Minister on Sunday said the steep fall in the rupee was a matter of great concern and the Centre was trying to resolve the situation.

Achieving 7.5% growth in 2012-13 tough task: Montek Singh Ahluwalia
Falling rupee and high inflation would make it difficult for India to achieve 7.5% economic growth during the current financial year, Planning Commission Deputy Chairman Ahluwalia has said.

G8 backs Greece to stay in euro
World leaders have thrown their weight behind Greece staying in the eurozone after a day of crisis talks at the G8 summit in Camp David.

Obama leads charge to save the eurozone
Merkel cuts isolated figure as world leaders want Germany to guarantee Greece's debts.

If Greece takes an early bath, we're all soaked
So now there can be no question about it. The possibility of "eurozone exit" is real. For years, some of us have been arguing, until we were blue in the face, that the eurozone could break up.

Fiat set to begin solo drive
The company, which recently ended a distribution pact with Tata Motors, is in the process of expanding dealer network to garner a greater pie of the local market.

Ireland may need a second bail-out to cover bank losses
Ireland, seen as the eurozone's poster child for implementing austerity, could require a second bail-out, economists warned.

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