Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Report: Iran vice president says row over reactor resolved

Apr 19 2014, 22:07 IST
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Iran and world powers are negotiating the terms of a permanent deal over its contested nuclear program. Reuters Iran and world powers are negotiating the terms of a permanent deal over its contested nuclear program. Reuters
SummaryUnder a temporary deal, Iran agreed to allow inspectors from the International Atomic Energy Agency to visit its nuclear facilities, including Arak.

Iranian state television is reporting that the Islamic Republic's vice president is saying a dispute between world powers and the country over its heavy water reactor at Arak has been ''virtually resolved.''

A state television report Saturday quoted Vice President Ali Akbar Salehi as saying the country proposed to redesign the Arak reactor to produce one-fifth of the plutonium initially planned for it. The report quoted Salehi as saying that will end concerns the West has that Iran could use the plutonium produced at Arak to build a nuclear weapon.

Iran and world powers are negotiating the terms of a permanent deal over its contested nuclear program. Under a temporary deal, Iran agreed to allow inspectors from the International Atomic Energy Agency to visit its nuclear facilities, including Arak.

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