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FTSE slips

The FTSE opened at 4,344 and slipped in morning trades despite strong gains from miners.

By 10.14am, the index was down 1.2 per cent at 4,296 with banks facing losses.

Barclays fell 2.45 per cent to 267.30p, Lloyds Banking Group was down 0.4 per cent to 69.75p and Royal Bank of Scotland was down 0.8 per cent to 36.90p.

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By Kunal Desai, head of Indian Equities, Neptune  India is officially the world’s fastest-growing major economy and remains firmly on track to become the third-largest economy by 2030, overtaking Japan and Germany. As an accelerating labour force combines with increasing labour productivity, is India getting too big to ignore? Click here for full article   […]

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