The popular governor of the Reserve Bank of India, Raghuram Rajan, will step down when his term ends in September, he wrote in a letter to colleagues published on the central bank's website Saturday.
"On due reflection, and after consultation with the government, I want to share with you that I will be returning to academia when my term as Governor ends on September 4, 2016.
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Hackers have diverted more than $50 million in digital currency from an experimental fund meant to demonstrate that such money is safe for use, according to the New York Times.
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The International Monetary Fund warned Friday that if Britain votes to exit the European Union next week it could deal the economy a "negative and substantial" blow.
In the worst-case scenario, the economy would sink into recession next year and overall economic output would be 5.6 percent lower than otherwise forecast by 2019, with unemployment rising back above six percent, according to an IMF analysis.
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Syrian authorities on Thursday decided to raise the price of fuel, the official news agency SANA said, including petrol by 40 percent.
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Poland on Friday received its first-ever commercial LNG delivery from the Middle East at its brand new Baltic sea terminal, a key step in easing its dependence on Russian gas.
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European and Asian stock markets rebounded strongly Friday, with traders signalling that the tragic murder of a pro-Europe lawmaker in Britain could swing the upcoming referendum vote to remain in the EU.
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Brazil's interim president Michel Temer was involved in a massive corruption scandal shaking the country's political establishment and asked for dirty cash diverted from state oil company Petrobras, a key witness said.
The explosive allegations were made by Sergio Machado, the former chief executive of Petrobras subsidiary Transpetro, in a plea deal with prosecutors that could take down yet more big-name politicians in the sweeping scandal.
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Russian authorities, increasingly concerned that the current recession will be followed by prolonged economic stagnation, are redoubling efforts to persuade investors that much-needed reforms will be pushed through.
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The highway from Orlando International Airport into town hums with cars and buses full of families from around the world giddy over the prospect of having fun at Disney World and other theme parks.
Now, electronic billboards along the roadside flash a gut-punch reality check from a local radio station that reads: "Praying for Our City."
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The dollar pushed higher on the euro and the yen was stronger Tuesday as markets girded for monetary policy updates by the Federal Reserve, Bank of England and the Bank of Japan.
The Fed should keep rates on hold but could moderate its previously hawkish view on tighter policy when it releases its statement and new growth forecasts on Wednesday at 1800 GMT, analysts said.
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