Business
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Sensex Rallies Over 300 Points, Nifty Reclaims 11,300-MarkSustained buying by domestic institutional investors and a strengthening rupee also supported the recovery.
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Yes Bank Stocks Tumble, Hit 52-week Low After RBI Cuts Short CEO Rana Kapoor's TermThe share touched a 52-week low of Rs 210.10 soon after the opening bell before recovering a bit to Rs 262 at the time of filing this report.
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SBI Not Right Candidate to Take Over More Banks, Says ChairmanThe chairman said the SBI needed two-three years to see gains from the consolidation effected last year when it merged with itself five of its...
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India to Pay for Iranian Oil in Rupees Post US Sanctions: ReportDuring the previous sanctions regime, India adopted a barter-like scheme to buy oil from Iran while the Middle Eastern country used rupees to...
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BoB, Vijaya Bank, Dena Bank Merger May Cause Short-term Spurt in Bad Assets: ReportSlippages may increase in the short-term as recognition of non-performing assets is harmonised and accelerated, India Ratings said in a note.
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271 million people moved out of poverty in India in 10 years: UN reportIndia has made momentous progress in reducing multidimensional poverty with its incidence almost halving between 2005-6 and 2015-16, climbing down...
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World Bank endorses CPF for India to support its transition to higher middle-income countryA day after Prime Minister Narendra Modi said India will become a USD 5 trillion economy by 2022, the World Bank board Friday endorsed an ambitious...
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US Sanctions: India opening rupee window for Iran oilGadkari says payment mechanism in 8-10 days; analysts say imports from Iran this year may be far less than projected.
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FPIs sell bonds worth $1 bn so far in September on weak rupeeSince January, the rupee has lost 12% and closed at 72.3825 to the dollar on Wednesday. Noticeably, the US dollar Index — Dollex — has weakened by...
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Kerala seeks borrowing limit hike, cess for rebuildingThe state also sought imposition of a cess on certain luxury items to garner resources. The proposal is likely to be considered in the next Goods...
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Rupee Rises 17 Paise to Hit Fresh 1-month High Against US DollarThe RBI projected a gross domestic product (GDP) expansion rate of 7.4 per cent in 2018-19 on the back of robust macroeconomic environment.
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Sensex Falls over 200 Points, Nifty Slips Below 11,300The 30-share index dropped 248.42 points, or 0.66 per cent, to 37,273.20. The gauge had lost 84.96 points in Wednesday's session.
