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Yellen says Fed rate hike likely appropriate in coming months

CAMBRIDGE, Mass. The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, U.S. central bank chief Janet Yellen said on Friday, bolstering the case for a rate increase in June or July.

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India keeps 2016/17 sugarcane price unchanged

NEW DELHI/MUMBAI India has kept the price that sugar mills must pay to cane growers, for the season starting October 2016, unchanged at 230 rupees per 100 kg, trade and government sources said, as the world's biggest consumer tries to arrest the rising prices of the sweetener.

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