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Rail, general budget to merge in new reforms move INTERNATIONAL

Rail, general budget to merge in new reforms move

In a major financial sector reform, India yesterday decided to merge its railway budget with the annual union budget from the next fiscal year, ending a nearly century-long practice and easing the way for the government to cut populist subsidies and push through structural reforms.

4:45 AM November 25 2016
Lebanon economy is withstanding political chaos, says bank chief ECONOMY

Lebanon economy is withstanding political chaos, says bank chief

Central bank governor says reserves at record high of $40bn; growth expected to remain stable at 1.5% to 2% this year

4:45 AM November 25 2016
Dubai group said to work with Citigroup on sale of Bank Muscat stake ECONOMY

Dubai group said to work with Citigroup on sale of Bank Muscat stake

Dubai Financial Group is working with Citigroup to find a buyer for its stake in Omani lender Bank Muscat after the sale was triggered by an agreement with creditors,

4:45 AM November 25 2016
Kerber says patience and hard graft turned her into No.1 CULTURE

Kerber says patience and hard graft turned her into No.1

Angelique Kerber would have inherited the No1 ranking from Serena Williams yesterday even if she had lost Saturday’s US Open final.

4:45 AM November 25 2016
Folk dance INTERNATIONAL

Folk dance

Musicians play as dancers perform the Abbots Bromley Horn Dance in Abbots Bromley, Britain, yesterday.

4:45 AM November 25 2016
Wawrinka wins US Open, tops Djokovic in four sets CULTURE

Wawrinka wins US Open, tops Djokovic in four sets

Third seed Stan Wawrinka rose to the occasion once again to beat top-seeded defending champion Novak Djokovic 6-7(1) 6-4 7-5 6-3 and win the US Open on Sunday for the third grand slam title of his career.

4:45 AM November 25 2016
Drones keep a watch over 2mn pilgrims ASIA

Drones keep a watch over 2mn pilgrims

Saudi authorities deployed drones to watch over nearly 2mn pilgrims as they ascended Mount Arafat at the climax of the Haj pilgrimage yesterday, part of stepped up efforts to avoid a repeat of last year’s crush.

4:45 AM November 25 2016
No stimulus as US stocks end 2-month snooze with plunge ECONOMY

No stimulus as US stocks end 2-month snooze with plunge

After two months in which even a 50-point move in the Dow Jones Industrial Average was reason for excitement

4:45 AM November 25 2016
Turkey opens a new front in Syria attack ASIA

Turkey opens a new front in Syria attack

Turkey yesterday sent more tanks into the northern Syrian village of al-Rai to fight Islamic State extremists, opening a new front after its intervention last month against the group, state media reported.

4:45 AM November 25 2016
Retailers optimistic of steady increase in sales ARABIA

Retailers optimistic of steady increase in sales

After getting a fillip from the month-long Qatar Summer Festival (QSF), many retailers and boutiques at different malls in Qatar expect their sales to further improve before and after the Eid al-Adha holidays.

4:45 AM November 25 2016
Railway worker killed as bomb explodes on train INTERNATIONAL

Railway worker killed as bomb explodes on train

One railway worker was killed and three people were wounded when a bomb exploded on a train in Thailand’s southern town of Pattani yesterday, police said, a day after peace talks between the Thai government and Muslim rebels.

4:45 AM November 25 2016
Anti-Macri protest comes to Argentinian capital INTERNATIONAL

Anti-Macri protest comes to Argentinian capital

Thousands of workers and members of leftist social movements descended on Buenos Aires’ Plaza de Mayo on Friday to protest the economic measures of centre-right President Mauricio Macri.

4:45 AM November 25 2016