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KV Kamath appointed BRICS bank president

New Delhi: Eminent banker K V Kamath was today appointed as head of the USD 50 billion New Development Bank being set up by the five emerging economies of BRICS grouping. Kamath will have a five year term of the bank, which is likely to be…
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Freight rates up on shortage of trucks

New Delhi: Freight rates for nine-tonne load section for select destinations rose by Rs 1,000 in the local truck transport market today on tight position of trucks. Transporters said less availability of trucks against pickup in cargo…
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