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At least 40 dead in plane crash in Pakistan mountains

PESHAWAR/ISLAMABAD, Pakistan At least 40 people died when a plane carrying 48 passengers crashed into a mountain in northern Pakistan on Wednesday and witnesses at the site of the flaming wreckage said there were unlikely to be any survivors.

Banks see lower lending rates even as RBI stays pat

MUMBAI India's bankers welcomed the Reserve Bank of India's decision to reverse an order that forced them to surrender all their deposits, saying it would allow them to lower their lending rates even after interest rates were kept unchanged on Wednesday.

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