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(AFX UK Focus) 2008-10-12 09:59 UPDATE 1-India may escape worst effects of crisis -cbankSunday, October 12, 2008 @ 5:23AMMUMBAI, Oct 12 (Reuters) - India may escape the worst consequences of the global financial crisis due to its strong internal drivers for growth but money, debt and credit markets may be impacted indirectly, its central bank chief said. Duvvuri Subbarao, Governor of the Reserve Bank of India (RBI), told the International Monetary Fund in Washington on Saturday he welcomed coordination among ...

Allow oil cos to get dollars directly: CIISunday, October 12, 2008 @ 5:01AMIndustry body CII has asked the government to allow oil marketing companies to get dollars directly from the Reserve Bank of India against oil bonds that would be issued to them.

India may escape worst effects of crisis - RBISunday, October 12, 2008 @ 4:34AMBy Saikat Chatterjee

Today is:Sunday, October 12, 2008 @ 1:00AMSunday, October 12, 2008, Shawal 12, 1429 A.H. NEW YORK (Agencies): The dollar and yen firmed as the euro came under pressure Friday with investors seeking a safe haven from the growing financial market storm. The euro at 2100 GMT was at 1.3394 dollars against 1.3590 late Thursday in New York.

WRAPUP 4-S.Korea scrambles to defend sliding marketsFriday, October 10, 2008 @ 5:51AM* Minister to seek expansion of $80 billion Asia swap pool