Friday, June 27, 2008

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India a victim of international crude prices: FM
    INDIA A VICTIM: The FM says India is a victim as it imports 75 pc of crude oil.Inspite of a surge in oil prices, FM has ruled out any further price hike.
Inflation still in double digits, surges to 11.42 pc
    ON THE UP: Fuel, power and energy prices have risen 0.1 per cent.Rise mainly on account of higher prices of food items like tea, milk and cereals.
Property prices set to slide as banks hike loan rate
    DREAM HOME: Real estate is facing a price correction in several parts of the country.A drop in demand could force property developers to bring down to prices.
Oil price could touch $170 a barrel, warns OPEC chief
    BURNING A HOLE: Rising oil prices have strained economies and spurred protests across the globe.OPEC President Chakib Khelil says speculation driving oil to new highs.
'High inflation will put Cong on the defensive'
    WARNING BELLS: Chidambaran says he can't guess the inflation figures but adds it will remain high.FM warns double digit inflation could continue for some more time.
A-I wakes up to sleeping pilots story, rejects it
    FEAR IN THE AIR: According to the reports, plane flew to Mumbai on autopilot.A-I says the glitch occurred due to a lapse of radio communication.

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