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North falls further behind in three-speed economy

Ireland’s economy looks set to continue growing, albeit more slowly than the blistering pace of recent years, a leading think tank has said – adding that wage growth looks set to accelerate through 2019, supporting domestic demand. The Nevin Economic Research Institute (Neri) forecasts gross domestic product will...
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Headwinds build up for the economy

Three weeks is a long time for the economy. Ask Finance Minister Arun Jaitley and the mandarins in North Block. Until recently, it seemed as if growth was finally returning and that the petulant rupee was the only problem to handle. Not any longer, though. The last few...
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Govt permits graphite electrode industry to import pet coke

The government has permitted imports of pet coke, used for fuel purpose, by graphite electrode industry, the directorate general of foreign trade (DGFT) has said. Import of pet coke for fuel purpose is prohibited. However, the import was allowed to only four industries so far. “In addition to...
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Maldives’ president concedes loss to opposition candidate

Maldives strongman President Yameen Abdul Gayoom conceded that he lost Sunday’s election to his challenger, longtime lawmaker Ibrahim Mohamed Solih, in a speech broadcast live on television Monday. Speaking in the Maldives’ native language, Dhivehi, Gayoom congratulated Solih and said, “I know I have to step down now.”...
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