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India's cautious budget puts onus on RBI to spur growth

The Indian government's annual budget statement on Friday included measures aimed at improving the investment climate but lacked any direct steps to stimulate a sagging economy, adding to pressure on the Reserve Bank of India (RBI) to provide more immediate help.

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Deadly eruption hits New Zealand volcano tourist town hard

Helicopter pilot Mark Law did not hesitate to fly out to New Zealand's White Island volcano immediately after it erupted to carry survivors to hospital, but after a harrowing week he knows his town's adventure tourism industry faces an uncertain future.