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Airlines cut fares, but fare wars not seen
(Reuters)
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Reuters - Indian carriers are sharply cutting fares, seeing falling jet fuel prices an opportunity to try arrest declining demand for air travel without bleeding themselves, but analysts have ruled out a fare war.
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ICICI Bank cuts lending rates by 50 bps
(Reuters)
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Reuters - ICICI Bank, India's largest private lender, has cut its main lending rates by 50 basis points from Wednesday, the bank said, joining other lenders that have lowered rates to revive growth.
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