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Why Indian Economy Is Slowing Down

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Why Indian Economy Is Slowing Down
RAWALPINDI: Pakistan's ex-military ruler Pervez Musharraf was indicted on three counts on Tuesday over the 2007 murder of opposition leader Benazir Bhutto in a gun and suicide attack, a prosecutor said.

Charging a former army chief is an unprecedented move in a country ruled for more than half of its life by the military and where the army is still considered the most powerful institution.

It was the second time that Musharraf, who ruled the nuclear-armed state from 1999-2008, had been summoned to face charges of criminal conspiracy and the murder of Benazir Bhutto in December 2007.

"He was charged with murder, criminal conspiracy for murder and facilitation for murder," public prosecutor Chaudhry Azhar told AFP at the anti-terrorism court in Rawalpindi hearing the case.

Musharraf denies the charges and the case has been adjourned until August 27.

He has been under house arrest on the edge of the capital Islamabad since April 19, but appeared before the court in person.

"The charges were read out to him in the court. He denied the charges," said Azhar.

"The case has been adjourned until August 27 for evidence to be brought," he added.

Many big companies & India's most influential gain from weak rupee
By ET Bureau | 21 Aug, 2013, 07.05AM IST
23 comments |Post a Comment
READ MORE ON » Yes Bank | Wipro | Tata Motors | Tata Consultancy Services | stocks | Sensex | Rupee
NEW DELHI: Everybody loves a plunging rupee. Well, almost. The Indian currency's free fall may have spooked the markets, resulting in a great deal of teeth-clenching by policymakers and punters alike, but it's unlikely to keep many awake in the top echelons of India Inc.

Eleven companies that account for nearly 45% of the weightage of the BSE Sensex - ITC, Infosys, Tata MotorsBSE 0.63 %, Mahindra & Mahindra, Dr Reddy's Laboratories, Tata Consultancy ServicesBSE -1.31 %, Sun Pharmaceuticals, WiproBSE 0.64 %, Bajaj AutoBSE 1.95 %, CiplaBSE -0.54 % and BHELBSE 6.21 % - benefit from a

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