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By Suvashree Choudhury and Neha Dasgupta MUMBAI (Reuters) - In a video conference in mid-2014, Indian central bank governor Raghuram Rajan told employees that he wanted to hire talented external candidates and improve the quality of research at the 81-year-old central bank. The proposals, described to Reuters by three officials who heard Rajan speak, would hardly seem out of place in any major institution on the planet. "(The) entire process is being hurried up," a protest letter written United Forum of Reserve Bank Officers and Employees, the central bank’s staff union, read, according to a copy seen by Reuters at the time.
MUNICH (AP) — Diplomats trying to secure a ceasefire for the civil war in Syria fell short early Friday in organizing a truce but agreed to try to work out details and implement a temporary "cessation of hostilities" in a week's time. The deal appeared to be the result of a compromise between the United States, which had wanted an immediate ceasefire, and Russia, which had proposed one to start on March 1.