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The Biggest Stories of January 16, 2017

International Monetary Fund downgrades India's growth forecast to 6.6 per cent due to the demonetisation drive; Election Commissions hands the Samajwadi Party symbol to the Akhilesh Yadav-led faction; Reports suggest Delhi Police commissioner Alok Verma could become the next CBI chief; all this and more in our news wrap of the day

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