The Impact Of Reliance's $3.38 Billion Deal With Future Group

Acquisition of Future Group's 2,000 retail stores and Big Bazaar grocery chain will help Reliance to broaden its extensive reach across the country.

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June Quarter GDP Growth Worse Than Expected, Say Experts

The gross domestic product (GDP) data released on Monday showed consumer spending, private investments and exports all collapsed during the lockdown.

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GDP On Expected Lines, V-Shaped Recovery In Place: Chief Economic Adviser

CEA K Subramanian said that slowing rate of decline in core sector is an indicator of V-shaped recovery

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India's GDP Drops By 23.9%, Sharpest Contraction On Record

India's gross domestic product or GDP contracted 23.9 per cent in the April-June period, official data showed today, as the coronavirus pandemic-induced disruptions hurt businesses and livelihoods...

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Fiscal Deficit Breaches Full-Year Target Within Four Months

In June, fiscal deficit had touched record levels for the first quarter, reaching 83.2 per cent of the full-year target within first three months

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RBI Announces More Liquidity Operations Worth Rs 20,000 Crore

RBI has also announced the infusion of Rs 1 lakh crore in mid-September through long-term repo operations (LTROs) at floating rates

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Sensex Crashes 839 Points As Tensions Escalate Between India And China

In a major flare-up in Ladakh, Chinese troops "carried out provocative military movements to change the status quo" near Pangong Tso lake.

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Core Sector Production Contracted 9.6% In July

The data on the eight sectors comes at a time when the government is gradually easing restrictions that were imposed to curb the spread of Covid-19.

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Sensex, Nifty Halt 6-Day Winning Run Ahead Of GDP Data

Official data on the country's gross domestic product (GDP) will be released at 5:30 pm today.

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Rupee Weakens By 22 Paise To End At 73.62 Vs Dollar Ahead Of GDP Data

Currently, the rupee has taken its recovery from an all-time low of 76.91, registered in April, to 4.28 per cent.

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Loan Moratorium Expires Today, RBI Unlikely To Extend Relief: Report

The Supreme Court, on September 1, will hear a fresh plea seeking extension of the scheme

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Sensex, Nifty Tumble Ahead Of GDP Data

At 1:56 pm, the Sensex traded at 38,857.78, down 609.53 points - or 1.54 per cent - from its previous close, while the Nifty was down 203.45 points - or 1.75 per cent - at 11,444.15.

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Sensex Falls Nearly 900 Points From Day's High Ahead Of GDP Data

India is likely entering its deepest recession on record, which is expected to run through the second half of the fiscal year.

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Sovereign Gold Bonds Open For Subscription Till Friday. Should You Buy?

The interest on gold bonds is taxable. However, the capital gains arising out of redemption are exempted for individual investors.

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Adani Group To Purchase Majority Stake In Mumbai International Airport

Adani Group will buy 50.5 per centstake from GVK Group and 23.5 per cent from minority partners including Airports Company South Africa and Bidvest Group.

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Adani Group To Buy 74% Stake In Mumbai Airport

Adani Airport Holdings has "entered into an agreement to acquire the debt of GVK Airport Developers", Adani Enterprise said.

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BSE's India INX Launches Gold, Silver Futures Contracts In Dollars

The underlying of Gold Quanto futures is Indian Gold spot purity 995 and that of Silver Quanto futures is Indian Silver spot purity 999.

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India May See 19.2% GDP Drop, Worst Among Major Asian Nations: Analysts

With more than 65,000 new infections a day and total cases topping 3 million in a country of 1.3 billion, India's road to recovery appears a long and hard one.

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Reliance Industries Gains Over 2% On Future Group Acquisition

Reliance Industries on Saturday announced the acquisition of the retail, wholesale, logistics and warehousing businesses of the Future Group for Rs 24,713 crore through its subsidiary, Reliance Retail...

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Sensex, Nifty Open Higher Ahead Of GDP Data

Official data on the country's gross domestic product (GDP) will be released at 5:30 pm today.

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Petrol, Diesel Prices Remain Unchanged On Monday

In Delhi, the price of petrol remained unchanged at Rs 82.03 paise per litre and diesel was untouched at Rs 73.56 per litre, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Firm Opening

Asian shares notched a fresh two-year high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period.

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GDP Growth Data For June Quarter To Be Released Today: 10 Things To Know

India's gross domestic product or GDP is widely expected to have shrunk in the April-June period, as data covering the quarter fully captures the damage caused by the fast-spreading coronavirus...

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Don't Levy Charges On Electronic Transactions: Finance Ministry To Banks

The Ministry of Finance has advised banks not to collect any charges on transactions or payments made through electronic mode, the Central Board of Direct Taxes said on Sunday.

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One Nation One Health Card: All You Need To Know

The 'One Nation One Health Card' will digitize the health records of all Indians, making patient data accessible and inclusive in one card.

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India INX To Launch Gold, Silver Futures Contracts In Dollars On Monday

Gold Quanto futures will have Indian Gold spot purity 995 as underlying and Silver Quanto futures will have Indian Silver spot purity 999 as underlying.

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Petrol Prices Hiked by 9-10 Paise On Sunday; Diesel Remains Unchanged

In Delhi, the price of petrol was increased by 9 paise from Rs 81.94 per litre to Rs 82.03 paise, according to Indian Oil Corporation.

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Reliance To Acquire Future Group's Retail, Logistics, Warehousing Units

The deal is part of the scheme in which Future Group is merging certain group companies into Future Enterprises, Reliance Industries said in a regulatory filing.

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How Price Of Government-Run Gold Bond Scheme Is Calculated

The issue price of Rs 5,117 per gram, for example, is based on the closing prices of gold jewellery from August 26 to 28 provided by industry body IBJA.

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Sovereign Gold Bonds To Be Available For Last 5 Days: 10 Things To Know

The Sovereign Gold Bond scheme will be available for subscription for the final five days of this year. On Monday, the government-run gold bond scheme will open for subscription for a period of five...

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Petrol, Diesel Rates Unchanged In Metros

Currently, petrol and diesel prices vary in different parts of the country due to factors such as crude oil and foreign exchange rates, and local taxes.

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How To Know Current Petrol And Diesel Prices Through SMS

A user can find information on latest petrol and diesel prices applicable in different parts of the country by sending an SMS in a particular format suggested by Indian Oil.

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Petrol Prices Raised In Metros, Diesel Rates Unchanged

Petrol

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Government Asks States To Borrow Rs 2.35 Lakh Crore To Meet Tax Shortfall

Revenue Secretary Ajay Bhushan Pandey said the states' tax shortfall in the fiscal year that began in April was estimated at Rs 3 lakh crore.

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India's Kharif Crop Plantings At Record High Amid Plentiful Monsoon Rains

The farm ministry could revise its preliminary planting figures, however, as more data flows in from states.

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Gold Price Jumps Over 2% On Weakening Dollar, US Monetary Policy Shift

Low interest rates tend to support gold, which is a hedge against inflation and currency depreciation.

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Rupee Posts Biggest Weekly Gain In 20 Months

The currency had been trading in a tight range until this week, as the Reserve Bank of India was seen regularly buying dollars via state-run banks to prevent a sharp appreciation in the rupee.

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India Gold Discounts Hit 5-Month High As Easing Rate Fails To Push Demand

A Mumbai-based dealer with a bullion importing bank attributed the higher discounts to rising scrap supplies amid low demand.

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Banks Appointment Panel Recommends Dinesh Kumar Khara For SBI Top Job

SBI reported an 81 per cent surge in profit and better asset quality in the quarter to June as its bad loan provisions dropped. It provided a steady outlook for the coming quarters.

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Insurers Should Work To Make Claims Painless: Anurag Thakur

Minister of State for Finance and Corporate Affairs Anurag Thakur said that the post-COVID world will be very different and India's insurance sector must gear up to seize the moment.

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SC To Hear Fresh Plea On Extension Of Loan Moratorium Till Year-End

A three-judge bench ordered tagging of the fresh plea filed by lawyer Vishal Tiwari with the earlier pending petition on the issue

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Banks Board Bureau Recommends Dinesh Kumar Khara As Next SBI Chairman

The bank is currently headed by Rajnish Kumar, whose tenure is slated to end on 7 October

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Rupee At Nearly 6-Month Closing High Of 73.40 Against Dollar

Rupee Vs Dollar Rate: Analysts say weakness in the dollar overseas and gains in domestic equity markets amid strong foreign fund inflows supported the rupee.

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Recovery Hopes For Economy Dashed Amid Rapid Surge In Virus Spread: Poll

The Indian economy likely contracted by 18.3 per centin the first quarter this year, according to a poll of economists

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Sensex, Nifty End At Six Month Highs Led By Gain In Banking Shares

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's nearly 5 per cent gain.

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Yes Bank Shares Rise Nearly 5% On Upgrade On Bonds By Ratings Agencies

Yes Bank shares hit the intra-day high of Rs 15.41, up 4.75 per cent from the previous closing in early trade

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Rupee Rises To Nearly 6-Month High Of 73.28 Against Dollar

Rupee Vs Dollar Rate: The rupee was last seen trading 0.57 per cent higher at 73.39 against the US currency in late afternoon deals.

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5 Final Days To Invest In Gold Bond Scheme 2020-21: All You Need To Know

Typically, gold shares an inverse relationship with equities, and the safe-haven appeal of the precious metal rises with any sign of increased risk in equities.

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Sensex Surges Over 450 Points, Nifty Tops 11,650 Powered By Banks

Banking shares were witnessing strong buying interest as the gauge of banking shares on the National Stock Exchange rose 3%.

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Recovery Hopes Dashed For India's Recession-Hit Economy: Poll

Indian economy likely shrank 18.3 per cent during that period, according to the August 18-27 poll of over 50 economists.

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Rupee Hits Over 5-Month High On Dollar Inflows; RBI Eyed

The partially convertible rupee rose to a high of 73.5150 per dollar, its strongest since March 5. It had closed at 73.83 on Thursday.

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Domestic Gold Futures Move In Rs 350 Range As Global Rates Inch Higher

At 11:22 am, the MCX gold futures contract quoted at Rs 50,972, up Rs 70 - or 0.14 per cent - compared to its previous close.

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Rupee Opens Flat Against US Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19 per cent to 92.82.

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Crude Oil Price Steady As US Companies Avoid Worst Of Storm

Brent crude futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel, heading for a 1.7 per cent weekly gain.

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Spot Gold Recovers Some Ground As Slowdown Fears Persist Amid COVID-19

Rising coronavirus cases has cast a shadow on hopes of quick economic recovery and has prompted central banks to reduce interest rates and loosen their monetary stance, helping gold prices climb 28...

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Defence Shares Rally After PM Modi Calls For Self-Reliance In Production

PM Modi said India's self-reliance on defence capabilities will boost its standing of being a net security provider in the Indian Ocean.

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COVID-19 Crisis: United Airlines Announces Its Biggest Pilot Job Cut Ever

Chicago-based United is more exposed than its peers to international travel, which is expected to take longer to rebound from the pandemic.

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Covid Crisis Makes Predicting India's GDP Growth Harder

Forecasts for GDP in the quarter through June range from a contraction of 15% to a decline of 25.9%, with a median estimate of -19.2%.

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Sensex, Nifty Gain After US Central Bank Policy Shift

At 9:59 am, the Sensex traded 0.46 per cent - or 181.26 points - higher at 39,294.73, while the Nifty was up 0.48 per cent - or 55.45 points - at 11,614.70.

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In A Shift, US Central Bank Rewrites Approach To Inflation, Jobs Market

The policy shift is arguably the biggest for the Fed since Paul Volcker remade the central bank into an inflation-slaying force four decades ago, when prices were spiraling higher.

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Sensex Gains Over 200 Points After US Central Bank's Policy Shift

Federal Reserve Chairman Jerome Powell laid out a policy that aims for 2 per cent inflation on average so that too low a pace would be followed by an effort to lift inflation.

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SBI Capital Markets Asked To Start Funding 6 Amrapali Group Projects

The top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector.

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Court Halts Insolvency Proceedings Against Reliance's Anil Ambani

Delhi High Court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani.

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Delhi High Court Stays Insolvency Proceedings Against Anil Ambani

NCLT appointed a bankruptcy administrator to verify SBI's claim that Mr Ambani offered personal guarantees to seek loans from the lender

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Tiktok CEO Kevin Mayer Quits After Less Than Three Months As U.S. Plans Ban

Kevin Mayer has left short video app firm days after TikTok sued the administration of U.S. President Donald Trump over an executive order banning transactions with it in the country.

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Rupee Rises To Over 5-Month Closing High Of 73.81 Against Dollar

The rupee has recovered 3.43% from an all-time low of 76.91 registered in April.

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Amazon's Supermarket With High-Tech Carts Opens In Los Angeles

The world's largest online retailer has experimented with physical stores in recent years to capture more consumer spending, particularly in groceries. The Woodland Hills site will open to the wider...

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Crude Oil Price Steady As Gulf Of Mexico Coast Braces For Hurricane Laura

The threat from Hurricane Laura has pushed the market higher this week, but the storm is not expected to affect supplies much because oil and product inventories remain high due to the coronavirus...

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Spot Gold Eases On Profit-Booking; All Eyes On US Central Bank

The US central bank has slashed interest rates to near zero and rolled out unprecedented stimulus to revive the coronavirus-hit economy, contributing to gold's over 27 per cent climb so far this year.

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India INX To Float Gold, Silver Futures Contracts In Dollars On August 31

The Gold Quanto futures has Indian Gold spot purity 995 as underlying and Silver Quanto futures has Indian Silver spot purity 999 as underlying, and both will be settled in cash in US dollars.

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Economy More Resilient Now Versus Global Financial Crisis: RBI Governor

Shaktikanta Das said factors like an improved debt-to-gross domestic product ratio and sharply better current account were positive for the economy.

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Rupee Jumps By 49 Paise To 73.81 Against Dollar

The rupee has recovered 3.39 per cent from an all-time low of 76.91 registered in April.

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Sensex, Nifty On Course To End Higher For Fifth Day

Markets globally are still focused on the endless liquidity being pumped out by central banks.

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Sensex, Nifty Rise Ahead Of Derivatives Expiry; Real Estate Shares Jump

The real estate index has risen 15 per cent this month alone, although it is still down 23 per cent since the start of the year.

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Real Estate Shares Rally After Maharashtra Government Slashes Stamp Duty

The state government on Wednesday decided to slash stamp duty on sale deed documents by 3 per cent from September 1 to December 31, 2020.

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Risk Aversion Will Be Self-Defeating For Banks: Shaktikanta Das

Mr Das said that rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, and also build sufficient resilience.

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Government to Divest up to 15% Stake in Hindustan Aeronautics

The floor price for the offer has been fixed at Rs 1,001 per share, which is a 15 per cent discount to Wednesday's closing price of Rs 1,177.75.

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Company With No Sales Gains 4,300% In Small Stocks Boom

Transglobe Foods Ltd, a fruit-jam maker has skyrocketed more than 4,300 per cent this year and real-estate services firm Shree Precoated Steels Ltd. has jumped over 1,300 per cent.

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TikTok CEO Kevin Mayer Quits

California-based TikTok and its Chinese parent ByteDance rejected what they called the White House's position that it was a national security threat.

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Nirmala Sitharaman To Chair GST Council Meeting, To Discuss Compensation

GST Council Meet: The meeting will discuss compensation to states and attempt to evolve a consensus on borrowing from the market to reimburse states for their revenue shortfall.

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Nirmala Sitharaman To Chair GST Council Meet: LIVE Updates

GST Council Meeting Updates: The 41st meeting of the GST Council comes at a time when many states have complained of not receiving adequate funds as GST compensation.

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Nikola Founder Giving First 50 Employees His Own Stock Worth $233 Million

The stock has surged since Nikola started trading on the Nasdaq via a reverse merger in early June, driven by investor appetite for electric-vehicle manufacturers.

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Sensex Rises Over 200 Points, Nifty Tops 11,600 Led By Financial Stocks

Markets globally are still focused on the endless liquidity being pumped out by central banks.

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Petrol Price Hiked To Rs 81.83 Per Litre In Delhi, Diesel Unchanged

In Delhi, the price of petrol was raised to Rs 81.83 from Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Cautious Start

The S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the US Federal Reserve possibly sets a new course on inflation.

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Amazon Faces New Regulatory Challenge From Indian Online Sellers: Report

All India Online Vendors Association, members of which sell goods on Amazon and Flipkart, have alleged Amazon engages in unfair business practices

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Reliance Hires Indian Oil Ex-Chairman To Lead Oil-To-Chemical Business

Operator of the world's biggest refining complex, Reliance is in the process of carving out its O2C business into a separate unit called Reliance O2C Ltd.

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Sensex Closes 230 Points Higher As Markets Extend Gains To Fourth Day

Reliance Industries, Infosys and Kotak Mahindra Bank were the top contributors to the gain in Sensex.

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Pensioners Can Store Pension Payment Order In DigiLocker, Says Government

This system will enable any pensioner to obtain an instant printout of the latest copy of their PPO from their DigiLocker account

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How Hospitality Industry Is Reinventing Itself In COVID-19 Era

The hotel industry is staring at low revenues and is struggling for survival amid travel curbs and other restrictions

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Sensex, Nifty To Face Correction After A 50% Rally Despite Covid-19: Poll

Nearly two-thirds, or 30 of 46 strategists polled, said a significant correction in equities was either likely or very likely over the next 3 months.

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Accenture To Cut 5% Of Global Workforce

The company has about 2 lakh employees in India.

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Vodafone Idea Issued Show Cause Notice Over "Misleading Offer"

The regulatory body had reportedly been probing Vodafone Idea's priority plan RedX and Bharti Airtel's Platinum offering

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Sensex, Nifty Gain For Fourth Day In A Row Led By Auto, Banking Shares

Mid- and small-cap shares also witnessed buying interest as the Nifty Midcap 100 index rose 0.55% and Nifty Smallcap 100 index rose 1%.

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Rupee Ends Volatile Session Flat At 74.30 Against Dollar

Rupee Vs Dollar: At the current level, the rupee is down 4.09 per cent against the US currency so far this year.

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Crude Oil Price Edges Higher To $46 Per Barrel Mark On US Output Cut

Crude Oil Price: At 1:31 pm, Brent futures traded 0.22 per cent higher at $45.96 per barrel, but WTI futures were down 0.07 per cent at $43.32 per barrel.

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All You Need To Know About Current Gold And Silver Rates

Gold and silver jewellery prices vary in different parts of the country due to factors such as local taxes and making charges.

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...Because You Locked Down Entire Country": Supreme Court Rebukes Centre

The top court was hearing petitions that wanted waiver of interest on loan repayment during moratorium period, announced due to the coronavirus lockdown.

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Silver Lining For Some Start-Ups Amid Covid-19 Pandemic

Analysts believe the rate of success for a start-up is based on the idea and the timing of the implementation.

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Auto Stocks Rise Upto 5% On Tax Cut Hopes

Speaking to industry executives at a virtual briefing, Ms Nirmala Sitharaman said lowering taxes on some types of vehicles was a "good suggestion".

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Bad Bank Not Only Necessary But Unavoidable: D Subbarao

Much of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said.

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Sensex Falls Over 200 Points From Day's High As Markets Erase Early Gains

Analysts awaited the release of official data on the country's gross domestic product due next week for more clarity on the damage caused by the coronavirus pandemic.

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Covid Shock To Consumption Severe, Demand Recovery Will Take Time: RBI

RBI said that demand in the economy is likely to take more time to mend in the absence of greater fiscal support, even as the government is constrained in its ability to provide more stimulus.

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Sensex Opens Over 50 Points Higher, Nifty Above 11,500

Analysts awaited the release of official data on the country's gross domestic product (GDP) due next week for cues.

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In Absence Of Funds, PMC Bank Depositors Survive On Loans, Charity

Withdrawal cap has left many of PMC's over 900,000 depositors in deep difficulty, with some struggling to clear loans and others depending on friends for their groceries.

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Petrol Price Hike Paused After Six Days, On Wednesday

In Delhi, the price of petrol was steady at Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Subdued Opening

The domestic stock markets are likely to have a subdued start, following cautious cues from the Asian bourses and listless trading on SGX Niftyfutures.

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Research Spends On COVID-19 Vaccine, Drugs Allowed Under CSR Norms

The notification further said that the spending will have to be made in financial years 2020-21, 2021-22 and 2022-23

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Crude Oil Jumps Nearly 2% On Storm-Led Cut In Output

Brent crude was last seen trading 1.66 per cent higher at $45.88 per barrel, while WTI crude - the benchmark for US crude oil - was up 1.10 per cent at $43.09 per barrel.

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ICICI Bank Uses Satellite Images For Farm Loans To Cut Costs

Banks typically deploy officials to travel to assess irrigation systems, crop quality and land location for forecasting farm revenue to make loans

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Want To Open A Fixed Deposit Account? Top Banks Pay These Returns Now

Fixed Deposit Interest Rate: Commercial banks, from the likes of state-run SBI - the country's largest lender by assets - to private sector lender HDFC Bank, its largest in terms of market value,...

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Domestic Silver Futures Drop Over 1% To Rs 64,720, Gold Ends At Rs 51,115

MCX gold futures ended at Rs 51,115, down Rs 154 - or 0.30 per cent - for the day, and silver futures shut shop at Rs 64,720, down Rs 849 - or 1.29 per cent.

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Tata Motors To Reduce Rs 48,000 Crore Debt Over Three Years: Chairman

Earlier this year, Tata Motors reported that its net loss widened to Rs 8,437.99 crore in the June quarter

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Silver Futures Erase Early Gains, Drop To Rs 65,225 Amid Volatile Trade

At 2:26 pm, the MCX silver futures contract quoted at Rs 65,425, down 0.22 per cent - or Rs 144 - from its previous close of Rs 65,569.

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Sensex Falls Over 300 Points From Day's High, Nifty Below 11,450

Thirteen of 19 sector gauges compiled by the BSE were trading lower led by S&P BSE Realty index's over 2 per cent fall.

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No Rs 2,000 Note Printed In 2019-20: RBI Annual Report

On the other hand, the circulation of currency notes of denomination of Rs 500 and Rs 200 has gone up substantially

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Domestic Gold Futures Edge Lower, Hold Rs 51,200; Global Rates Pause

Gold Rate Today In India: At 2:26 pm, the MCX gold futures quoted at Rs 51,227, down Rs 42 - or 0.08 per cent - from its previous close of Rs 51,269.

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Rupee Ends Volatile Session Nearly Unchanged Against Dollar

At the current level, the rupee has recovered 3.34 per cent against the dollar since an all-time low of 76.91 registered in April.

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Sensex, Nifty Turn Flat; Reliance Industries, HDFC Bank Drag

Markets worldwide were boosted after US regulators on Sunday authorised the use of blood plasma from recovered COVID-19 patients as a treatment option.

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Allcargo Logistics Locked In 20% On Delisting Proposal From Promoters

Promoters of Allcargo Logistics currently hold 17,20,22,209 equity shares aggregating to 70.01% of the paid-up equity share capital of the company.

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Opinion: Adani Joins Ambani In Attempting Full-On Dominance

The concentration of economic power in aviation infrastructure is now symptomatic of a broader trend in India, particularly in businesses where the government supplies a key ingredient.

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Government Consumption Key To Demand Growth: RBI Annual Report

Economic upticks visible in May and June after the easing of coronavirus-related lockdown appear to have lost strength in July and August, mainly due to the reimposition of restrictions, the Reserve...

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LIC Housing Finance Surges After Profit Rises 34% In June Quarter

LIC Housing Finance shares surged as much as 11.45 per cent, the most in a day since May 26, to hit an intraday high of Rs 308.

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Eicher Motors Extends Gains By Over 3% On Stock Split

The shares of the company have been divided from one existing equity share with face value of Rs 10 each into ten equity shares of face value of Rs 1 each.

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RBI Announces Liquidity Operations Worth Rs 20,000 Crore

The Reserve Bank of India on Tuesday announced sale and purchase of G-Secs or government securities worth Rs 20,000 crore. In a statement, the RBI said it decided to conduct open market operation...

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Spot Gold Ticks Higher To $1,936; Focus Turns To Fed Chair's Speech

Spot gold was up 0.2 per cent at $1,935.88 per ounce. US gold futures gained 0.1 per cent at $1,941.60 per ounce.

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Sensex Rises Over 150 Points, Nifty Tops 11,500 Tracking Global Markets

Markets worldwide were boosted after US regulators on Sunday authorised the use of blood plasma from recovered COVID-19 patients as a treatment option.

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Petrol Prices Hiked For Sixth Consecutive Day On Tuesday

The prices of petrol were raised by 9-11paise per litre in Delhi, Mumbai, Kolkata and Chennai with effect from 6 am on August 25,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Flat Opening

The domestic markets are likely to open flat, ignoring the positive cues from US and Asian markets, going by indications from SGX Nifty.

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Reliance Jio Launches New Plans Of Rs 499, Rs 777 With Free Hotstar Subscription

Both the plans come with one year of complimentary Disney+ Hotstar VIP subscription

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Sensex, Nifty Scale Nearly 6-Month Highs; Rupee At 5-Month Peak

The Sensex ended with a gain of 0.95 per cent at 38,799.08, and the Nifty settled up 0.83 per cent at 11,466.45.

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Axis Bank Cuts Stake Purchase In Max Life Insurance To 17% From 29%

Initially Axis Bank hadplanned to raise its stake in the insurer to 30 per centfor about Rs 1,590 crore

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Gold Futures Hold Rs 51,600 As Shares Rise On COVID-19 Treatment Hopes

At 3:06 pm, the MCX gold futures contract quoted at Rs 51,737 down Rs 279 - or 0.54 per cent - from its previous close.

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Domestic Silver Futures End Volatile Session Lower At Rs 66,629

The MCX silver futures contract finished at Rs 66,629 for the day, down 0.65 per cent - or Rs 438.00 - from its previous close of Rs 67,067.

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Plea Seeks Action Against Google Pay For Alleged Violation Of Guidelines

The plea sought directions to Google India Digital Service to give an undertaking to not store data on its app under UPI ecosystem

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Sensex Rallies 364 Points, Nifty Ends Near Six Month High Led By Banks

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by Nifty Private Bank index's over 2 per cent gain.

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Spot Gold Dips As COVID-19 Treatment Hopes Boost Risk Appetite

The dollar index, meanwhile, held steady against a basket of major currencies after climbing to a more than one-week high in the previous session.

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Sensex Rises Over 400 Points, Nifty Marches Towards 11,500 Led By Banks

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Private Bank index's 2.5 per cent gain.

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Rupee Gains By 53 Paise, Closes At 74.32 Against Dollar

Strength in domestic equities and weakness in the dollar overseas supported the rupee, according to analysts.

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Finance Ministry Lists GST Achievements On Arun Jaitley's Death Anniversary

Arun Jaitley held the finance ministry when the the GST was implemented in July 2017

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MCX Launches Bulldex, India's First Bullion Index

Bulldex has gold and silver as underlying, with gold having a weightage of 70.52 per cent and silver accounting for the remaining 29.48 per cent.

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Crude Oil Inches Towards $45 Per Barrel Mark As Storms Loom Over Output

Crude Oil Price Today: At 1:38 pm, Brent traded 0.70 per cent higher at $44.66 per barrel while WTI quoted at $42.63 per barrel, up 0.68 per cent.

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Banks Surge After RBI Chief Says Loan Restructuring Will Help Economy

The gauge of banking shares on the National Stock Exchange - Nifty Bank index -surged as much as 2.38 per cent or 531 points.

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IT Stocks Under Pressure In A Firm Market

Information technology shares were under pressure in an otherwise strong marketdue to across-the-board selling in IT stocks, triggered by weakness in Infosys and Tech Mahindra.

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ICICI Lombard To Buy Bharti AXA General Insurance

The deal will create India's third largest non-life insurance company, with a combined annual premium of Rs 16,447 crore and a market share of nearly 8.7 per cent.

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Loan Restructuring Plan Will Help Revive Economy, Says RBI Chief: Report

Speaking in Hindi, Reserve Bank of India Governor Shaktikanta Das said the moratorium was a "temporary solution" for lockdown and not a permanent fix.

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Sensex Rises Over 200 Points Tracking Global Markets

Asian shares advanced for a second straight session on Monday, underpinned by hopes of recovery from coronavirus after the US Food & Drug Administration (FDA) authorised the use of blood plasma from...

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Petrol Prices Hiked For Fifth Consecutive Day, Diesel Remains Unchanged

In Delhi, the price of petrol was revised to Rs 81.62 from Rs 81.49 per litre, whilediesel prices was kept steady at Rs 73.56 per litre.

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Sensex, Nifty Likely To Have A Firm Opening

The domestic stock markets are likely to start the week on a positive note, continuing with the gains seen in the previous week, going by early indications from SGX Nifty.

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Things To Do If A Credit Card Is Lost Or Stolen

Credit card can be blocked through many ways, such as calling the call centre, sending an SMS in the specified format, and through internet banking facility and apps of the respective banks.

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MCX To Launch India's First Bullion Index On Monday

"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," the commodity exchange had said in a circular last...

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Petrol Prices Hiked Again On Sunday, Diesel Remains Untouched

In Delhi, the price of petrol was revised to Rs 81.49 from Rs 81.35 per litre, while that of diesel was kept steady at Rs 73.56 per litre.

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How To Verify Aadhaar-Registered Mobile Number

One can verify a UID - or Aadhaar number - either through the UIDAI's website, uidai.gov.in, or through mobile app mAadhaar.

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Domestic Gold Futures Edge Lower, But Hold Rs 52,000 Level

Gold jewellery price stood at Rs 51,973 per 10 grams excluding Goods and Services Tax, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).

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Domestic Gold Futures Ease Over 1% In 5 Days, Second Straight Weekly Loss

On August 7, MCX gold futures had registered an all-time high of Rs56,191 tracking a rally in the international market.

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Discounts By India's Physical Gold Dealers Highest In One And Half Months

Discounts of up to $20 an ounce were offered against official domestic prices including 12.5% import and 3% sales levies versus the $2 premiums last week.

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Government Asks Power Companies To Cap Surcharge On Late Payments

The government has taken several measures to mitigate the impact which include rebate on capacity charges, relaxing provisions of letter of credit for scheduling of power and liquidity infusion...

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All You Need To Know About Latest LPG (Cooking Gas) Prices

Currently, the government provides subsidy on 12 cylinders of 14.2 kilograms each per household per year. Customer have to pay market rates for any additional cylinders.

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Middle East Share Of India's Oil Imports At Over 2-Year High: Report

Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African barrels.

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Petrol Rate Hiked In Metros, Diesel Unchanged

Currently, fuel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes.

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Top Court Seeks Details On Dues Of Telecom Firms SharingSpectrum

A three-judge bench, headed by Justice Arun Mishra, asked the DoT Secretary to file the detailed reply on the past dues, dates of grant and transfer of licenses and adjourned the matter for further...

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Yes Bank Sells Asset Management, Mutual Fund Businesses

The ultimate beneficial holder of the purchaser is Prashant Khemka who owns 99.99 per cent of White Oak Investment Management

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How To Update Aadhaar Card Address

An online service provided by the UIDAI enables Aadhaar-registered users to change, correct or update the address fed into the Aadhaar database.

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Rupee Gains By 18 Paise To Close At 74.85 Against Dollar

Gains in the domestic equity markets supported the rupee but strength in the greenback overseas put pressure on the rupee, say analysts.

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Sensex, Nifty Register Weekly Gain Of Nearly 2%

Investors were counting on business activity bouncing back in India, which has helped beaten-down stocks in sectors such as real estate see a revival, analysts said on Friday.

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Sensex, Nifty Resume Up Move After A Day's Pause

Buying was visible across the sectors as thirteen of 19 sector gauges compiled by the BSE ended higher.

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All You Need To Know About Crude Oil Price Today

In April, the contract had hit a 21-year low of $15.98 per barrel as the coronavirus pandemic-induced lockdowns hampered global oil demand.

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New Enrolments In EPFO Up By 8.47 Lakh In First Quarter, Says Government

In June, EPFO witnessed an addition of 6.55 lakh net subscribers registering a 280 per cent month-on-month growth

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IRCTC Shares Edge Up 1% As Government Invites Bids For Further Stake Sale

The government currently holds 87.40 per cent stake in IRCTC and to meet Sebi's norms it needs tobe brought down to 75 per cent

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In Bankruptcy Case Against Anil Ambani, Tribunal To Verify SBI Claim

State Bank of India has claimed that Anil Ambani offered about $160 million of personal guarantees while seeking loans in 2016 for RCom.

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US Court Upholds Penalty Of $140 Million On TCS In EPIC Systems Case

The case dates back to 2014 when Epic first sued TCS with allegations that it illicitly downloaded documentation for software.

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Petrol Prices Hiked For Second Straight Day; Diesel Remains Unchanged

Petrol and diesel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes.

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Sensex Rises Over 300 Points Amid Gains Across Sectors

Equities in other Asian markets rose on Friday after a technology stocks-driven rally on Wall Street in which the Nasdaq Composite index hit a record high despite downbeat data that affirmed the US...

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Patanjali-Acquired Ruchi Soya's 8,764% Stock Surge Spurs SEBI Rethink

Ruchi Soya swung to a profit of Rs 12.26 crore ($1.6 million) in the quarter ended June, while its revenue dropped 5 per cent from the preceding three-month period to Rs 3,040 crore.

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Sensex, Nifty Likely To Open Higher Tracking Global Markets

Equities in other Asian markets rose on Friday after a technology stocks-driven rally on Wall Street in which the Nasdaq Composite index hit a record high despite downbeat data that affirmed the US...

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"Telecom Firms Taking Ride Without Paying For The Horse": SC On AGR Dues

Commenting on telecom companies under insolvency, the apex court said it is -extremely worried- that almost the entire AGR dues will be wiped out

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RBI Rate Cut Plans Constrained Due To Inflation: Monetary Policy Minutes

According to the minutes, RBI governor Shaktikanta Das said that at this juncture it is important to keep our arsenal dry and use it judiciously

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Domestic Gold, Silver Futures Fall 1% As Dollar Rises

MCX gold futures ended at Rs 52,152, down Rs 470 - or 0.89 per cent - for the day, and silver futures at Rs 67,300, down Rs 663 - or 0.98 per cent.

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Spot Gold Inches Up As US Central Bank Reiterates Economic Concerns

Central banks have rolled out massive stimulus and cut interest rates to near zero to combat the economic toll from the new coronavirus crisis.

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1.22 Crore Kisan Credit Cards Sanctioned Credit Limit Of Rs 102,065 Crore: Finance Ministry

Under the Aatma Nirbhar Bharat Package, government had announced concessional credit of Rs 2 lakh crore which is likely to benefit 2.5 crore farmers

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Sensex, Nifty Snap Three-Day Winning Streak Dragged By Banks

Mid- and small-cap shares outperformed their larger peers as Nifty Midcap 100 and Nifty Smallcap 100 indexes rose over 0.5 per cent each.

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Sensex, Nifty Fall 1% As Markets Halt 3-Day Winning Streak

Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

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Power Stocks Rally After Government Relaxes Working Capital Norms

Among the individual shares, NHPC rallied 13%, Tata Power advanced 9%, NTPC gained 7% and Adani Transmission climbed 7%.

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Sensex Slumps Over 400 Points, Nifty Near 11,300 As Banks Drag

Mid- and small-cap shares were outperforming their larger peers as the Nifty Midcap 100 and Nifty Smallcap 100 indexes rose over 0.5 per cent each.

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Rupee Weakens By 23 Paise, Returns To 75 Level Against Dollar

Rupee Vs Dollar Today: Currently, trading in the domestic forex market takes place from 10 am to 2 pm on account of the coronavirus pandemic.

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Muthoot Finance Shares Slide Over 6% After June Quarter Results

For the quarter ended June 2020, Muthoot Finance posted a 53.46 per cent rise in its consolidated net profit to Rs 853.51.

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All You Need To Know About Common Eligibility Test For Government Jobs

National Recruitment Agency (NRA) will conduct a Common Eligibility Test (CET) to shortlist candidates for the Group B and C (non-technical) posts.

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Indian Energy Exchange To Launch Renewable Energy Trading On August 21

Power regulator Central Electricity Regulatory Commission (CERC) had given the nod on August 17 to commence green term-ahead market (G-TAM) in the country.

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You Can Download A Digital Copy Of Your Aadhaar Card, Here's How

Aadhaar Card: A digital copy of Aadhaar can be downloaded using the UIDAI portal (uidai.gov.in) or mobile app mAadhaar.

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Have Requested For An Aadhaar Reprint? Here's How To Check Status

A UIDAI facility allows Aadhaar-registered users to check the status of their request for an Aadhaar card reprint. It is available on the UIDAI website,uidai.gov.in, and mobile app mAadhaar.

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Sensex, Nifty Off Day's Lows As Energy, Metal Stocks Rise

Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

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Domestic Gold, Silver Futures Fall 2% As Global Precious Metal Rates Ease

MCX gold futures ended at Rs 52,622, down Rs 949 or 1.77 per cent for the day, and silver futures settled at Rs 68,129, down Rs 1,376 or 1.98 per cent.

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Apple First US Firm To Touch $2-Trillion Market Value: 10 Things To Know

Apple share price rose more than 1 per cent on Wednesday, taking the iPhone maker's market capitalisation (M-Cap) - or market value - above the $2-trillion mark. That made Apple the first US company...

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Sensex, Nifty Open Lower

Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

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Apple Market Value Hits $2 Trillion As Share Price Climbs To $469

Apple's market capitalization is about equal to the combined values of the S&P 500's 200 smallest companies.

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Petrol Prices Hiked Again, Diesel Remains Unchanged On Thursday

Petrol prices were hiked across the metros by 10 paisa each, on Thursday, i.e. August 20, after a 1-day interlude, while diesel prices were kept unchanged.

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Sensex, Nifty Likely To Have A Weak Opening

Wall Street finished lower on Wednesday after Federal Reserve raised concerns that the US economic recovery from the pandemic faced a highly uncertain path.

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Apple Tops $2 Trillion In Market Value, First Listed US Company To Do So

Shares in the company have surged since blowout quarterly results in July

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Regulatory Body Dismisses Antitrust Case Against WhatsApp Pay

A case in March alleged that WhatsApp was bundling the digital payment facility within its messaging app, forcing the feature on existing users

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Government Launches App To Process Loans For Street Vendors

Under the PM SVANidhi scheme, street vendors can avail a working capital loan of up to Rs 10,000

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Government Relaxes Working Capital Norms For Power Distribution Firms

One-time relaxation will help in providing liquidity to the power sector and ensure payments by discoms.

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Sensex, Nifty Extend Gains To Third Day In A Row

Zee Entertainment, GAIL, Tech Mahindra, Bharti Airtel and Maruti Suzuki jumped the most among the 28 percentage gainers in the 50-scrip index.

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How To Order An Aadhaar Card Reprint Online

An online facility provided by UIDAI enables Aadhaar-registered users to order a printed copy of their Aadhaar card online.

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Sensex, Nifty Extend Gains To Third Day In A Row

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Media index's over 5 per cent gain.

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Reforms Hold the Key To Reverse Slowdown, World Bank Tells India

The World Bank, in its Indian Development Update' Report on Indian Economy, exuded confidence that economic slowdown will open new opportunities for the country.

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Rupee Erases Early Gains, Closes At 74.82 Against Dollar

At the current level, the rupee has recovered 2.72 per cent against the dollar since an all-time low of 76.91 registered in April, but is still down 4.85 per cent so far this year.

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Sensex, Nifty Hold Gains; Realty Shares Rally For Second Straight Day

Seventeen of 19 sector gauges compiled by the National Stock Exchange were trading higher led by the S&P BSE Realty index's nearly 2 per cent gain.

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How To Generate And Use Aadhaar Virtual ID

Aadhaar Card Services: Authentication can be performed using the virtual ID (VID) in a manner similar to using the Aadhaar number (UID).

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50 Lakh Salaried Jobs Lost In July, Nearly 2 Crore Since April: CMIE Data

While the overall employment rate has improved, CMIE said its an "unhealthy recovery" as most of the new jobs are in informal sector

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Rupee Edges Higher To 74.68 Against Dollar

Rupee Vs Dollar Today: Gains in domestic equities supported the rupee, however strength in the dollar overseas limited the upside, say analysts.

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Domestic Gold Futures Decline Nearly 1% To Rs 53,125 As Global Rates Ease

Gold Price Today: At 10:03 am, the MCX gold futures contract quoted at Rs 53,150, down Rs 421 - or 0.79 per cent - from its previous close.

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Reliance Industries Gains Over 1% On Stake Purchase In Netmeds

Reliance Industries shares gained more than 1 per cent on the BSE after its subsidiary Reliance Retail acquired majority stake in online pharmacy Netmeds for around Rs 620 crore.

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Sensex Gains Over 250 Points; Reliance Industries Rises 1%

Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high.

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All You Need To Know About Latest Gold And Silver Rates

While gold has given up some of the recent gains, which pushed the global spot rate above the $2,000 per ounce and domestic futures above Rs 56,000 subsequently, it is not far from its all-time highs...

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Petrol Price Hike Paused After Three Days, Diesel Also Remains Unchanged

Petrol prices were left untouched across the metros on Wednesday, i.e.August 19, after the marginal hike seen in the previous three days,while the diesel prices were also keptunchanged.

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Subhash Chandra Appointed Chairman Emeritus Of Zee Entertainment

The appointment of Subhash Chandra as chairman emeritus will take effect from August 19, the company said in a regulatory filing after market hours on Tuesday.

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Sensex, Nifty Likely To Open On A Positive Note

Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high.

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Reliance Retail Buys Majority Stake In Online Pharmacy Netmeds

The investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, including Netmeds.

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RBI Releases Draft Framework For Self-Regulatory Body For Payment System Operators

The self-regulatory body will observe best practices on security, customer protection and competitiveness

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Paid Rs 195 Crore AGR-Related Dues, Reliance Jio Tells Supreme Court

On August 14, the top court had sought the details of spectrum sharing pact between RCom and Jio

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Madras High Court Refuses To Allow Reopening Of Vedanta's Copper Smelter

The Madras High Court said in its 815-page judgment on Tuesday the shutdown "cannot be treated as knee-jerk reaction".

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Government Urges Auto Makers To Cut Royalties To Foreign Parents: Report

The country's markets regulator last year suggested imposing curbs on payments exceeding 2 per cent of revenue.

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Domestic Gold Futures Jump Over 1% To Rs 53,965 Tracking Global Rates

Gold Rate Today: At 4:23 pm, the MCX gold futures contract quoted at Rs 53,781, up Rs 506 - or 0.95 per cent - from its previous close.

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Silver Futures Gain 3% To Rs 71,350 Tracking Global Precious Metals

Silver Price Today: At 4:36 pm, the MCX silver futures contract quoted at Rs 71,183, up 2.93 per cent - or Rs 2,028 - from its previous close.

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Spot Gold Jumps 1% To Cross $2,000/Ounce Mark As Dollar Weakens

Lower yields and interest rates decrease the opportunity cost of holding non-yielding assets such as gold.

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Government Keen To Speed Up Stake Sale In Four State-Owned Banks: Report

The sources said the four lenders in the discussion are Punjab & Sind Bank, Bank of Maharashtra, UCO Bank and IDBI Bank

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Sensex, Nifty Close Higher For Second Straight Day

Banking, financial services, auto, media, private bank and metal indexes rose between 1.5-2.3 per cent each.

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Rupee Gains By 12 Paise To End At 74.76 Against Dollar

At the current level, the rupee has recovered 2.80 per cent against the US currency since an all-time low of 76.91 registered in April.

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Sensex, Nifty Surge Over 1% Led By Surge In Financial Stocks

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally.

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Elon Musk Is Now The Fourth Richest Person

Mr Musk's net worth rose to $84.8 billion on the Bloomberg Billionaires Index, which is a daily ranking of the world's richest people, after Tesla Inc shares soared 11 per cent on August 17.

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Petronet LNG Surges 5% After June Quarter Earnings

Petronet LNG Share Price: The operations of Petronet LNG were not materially interrupted during the lockdown due to outbreak of COVID-19.

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Mukesh Ambani Is On A Shopping Spree In Race Against Amazon

Mukesh Ambani is seeking to widen his retail footprint in a market that's become a hot spot for global giants such as Amazon as well as many local rivals, all chasing a billion-plus consumers.

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RBI Removes Restrictions On Bandhan Bank Managing Director's Remuneration

The holding company, Bandhan Financial Holdings Limited reduced its shareholding to 40 per cent of the bank's paid-up voting capital, as mandated by RBI.

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Sensex, Nifty Off Day's Highs; Pharma Stocks Lag

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally, while the dollar dropped against almost all major currencies.

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Sensex, Nifty Open Flat Amid Sluggish Trade In Asian Markets

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally, while the dollar dropped against almost all major currencies.

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Petrol Prices Hiked For Third Consecutive Day, Diesel Remains Unchanged

The price of petrol were increased to Rs 80.90 from Rs 80.73 per litre in Delhiand to Rs 87.58 from Rs 87.45 in Mumbai,according to Indian Oil Corporation's website - iocl.com.

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Sensex, Nifty Likely To Have A Flat Opening

The domestic stock markets are likely to open flat, ignoring a record high closing on Nasdaq and encouraging cues from the Asian Street, as Nifty Singapore futures are trading virtually unchanged.

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Economic Growth To Contract By 16.5% In Q1 As Coronavirus Spreads: SBI

Corporate earnings indicate more than 25 per cent decline in revenues and more than 55 per cent decline in profits.

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Power Output Rises For First Time In Five Months In Early August: Report

Power generation rose 2.6 per cent in the first 15 days of August compared with the same period of last year.

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Taxpayers Not Required To Disclose High-Value Transactions In ITR: Report

Only third parties would report high-value transactions to the I-T department as per the Income Tax Act.

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Domestic Silver Futures Gain Nearly 3% To Settle At Rs 68,969

Silver Rate Today: MCX silver futures settled at Rs 69,080 for the day, up 2.84 per cent - or Rs 1,909 - from their previous close.

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Domestic Gold Futures Trim Gains, But Hold Rs 52,500 Level

Gold Rate Today: The closing rate of gold jewellery stood at Rs 52,874/10 grams, excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).

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Gold Recovers Early Losses To Move Higher; Focus Turns To US Central Bank

Making gold more attractive for holders of other currencies, the dollar slipped as investors were relieved by a delay in the review of a US-China trade pact.

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Sensex, Nifty End Higher Amid Choppy Trade Led By Metal, Auto Shares

Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal and Auto index's over 2 per cent gain.

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Rupee Closes Nearly Unchanged At 74.88 Against Dollar

Analysts expect the rupee to continue to trade sideways against the greenback in the near term.

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Sensex, Nifty Edge Higher Amid Volatile Trade

IT and metal stocks rose with the Nifty IT and the Nifty Metal indices rising over 1 per cent each.

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Back To The Paddy Fields. COVID Smashes Indian Middle-Class Dreams

At least 400 million workers are at risk of falling deeper into poverty, according to the International Labour Organization (ILO).

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RIL In Talks To Buy Online Furniture Retail, Milk Delivery Startups: Report

Representatives at Reliance, Urban Ladder and Milkbasket did not immediately respond to Reuters requests for comment.

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MCX To Launch The Country's First Bullion Index On August 24

"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," MCX said.

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Here's How Much You Pay For Fuel Today

On Monday, the price of benchmark Brent crude was last seen trading at $45.14 per barrel, and natural gas at $2.36 per MMBtu ormetric million British thermal unit.

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Rupee Edges Higher To 74.80 Against Dollar

At Friday's closing level of 74.90, the rupee has recovered 2.72 per cent against the US currency since an all-time low of 76.91 registered in April, but is still down 4.85 per cent so far this year.

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Wipro Completes Acquisition Of Brazilian Firm; Stock Gains Nearly 2%

Wipro had announced in July that it had signed an agreement to acquire the Brazilian IT firm IVIA Servios de lnformitica Ltda for $22.4 million (about Rs 169 crore).

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Sensex Drops Over 350 Points From Day's High Amid Choppy Trade

Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month.

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Sensex Rises Over 200 Points, Nifty Tops 11,200 Amid Gains Across Sectors

Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month.

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Petrol Prices Hiked Across Metros For Second Consecutive Day

The price of petrol were increased to Rs 80.73 per litre in Delhi from the previous day's Rs 80.57 per litre and to Rs 87.45 in Mumbai from the earlier Rs 87.31per litre.

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Sensex, Nifty Likely To Have A Strong Opening

The domestic stock markets are likely to start the week on a strong note, following robust gains in Asian markets and positive signals from Singapore Nifty futures trading.

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Pandara Market: A Paradigm Shift To The Experience

While deliveries started to increase over the last two months, there are footfalls that have just started since the past three weeks.

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Silver Has Out-Performed Gold This Year. Is Silver The New Gold?

On July 21, silver breached the $20 level in the global markets for the first time since September 2016 and has provided annual returns of almost 61 per cent till date, compared to gold's 15 per cent.

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Bling No Longer King In India As Gold Loses Its Shine In Wake of Coronavirus

Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight.

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Petrol Prices Hiked Across Metros On Sunday

The price of petrol were increased to Rs 80.57 per litre in Delhi and Rs 87.31 per litre in Mumbai from Rs 80.43 and Rs 87.19 respectively

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Need To Update Aadhaar Card Address? Here's How To Do It Online

The mobile number registered with your Aadhaar card is required in order to update the address using the Unique Identification Authority of India (UIDAI) website.

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Find Out Latest Petrol, Diesel, Auto Gas, Cooking Gas Prices In Your City

While domestic petrol, diesel and LPG prices are derived from crude oil, CNG rates are calculated based on natural gas.

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Warren Buffett's Berkshire Hathaway Cuts Stakes In Wells Fargo, JPMorgan

Berkshire reduced its Wells Fargo stake by 26 per cent in the quarter to 237.6 million.

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ICICI Bank Raises Rs 15,000 Crore Through Share Sale

ICICI Bank also said it is well-positioned to serve the market and benefit from opportunities going forward.

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UK Bailout Talks For Jaguar Land Rover, Tata Steel Fall Through: Report

The report said that talks for an emergency funding fell through as Jaguar Land Rover (JLR) did not qualify for taxpayer support.

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All You Need To Know About Current Gold Price

The value of gold that you buy in the form of jewellery, coins etc. keeps changing, just like any other asset class.

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Petrol Price Remains At Rs 80.43/Litre In Delhi, Diesel At Rs 73.56/Litre

Currently, fuel prices vary in different parts of the country, due to factors such as crude oil and foreign exchange rates.

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Government Grants 5-Month Extension To Complete Renewable Projects

The government had asked developers to produce evidences that delays in meeting completion deadlines are triggered by disruption of the supply chains due to the spread of coronavirus.

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Next Few Months Critical In Reviving Economy: Niti Aayog Vice Chairman

The Niti Aayog Vice Chairman noted that a global economic contraction is on the cards, the magnitude of which is undergoing constant revision

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SC Seeks Spectrum Sharing Details Between RCom & Reliance Jio In AGR Case

The bench also asked the Department of Telecom to file the requisite documents in the matter

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Domestic Silver Futures Dive But Hold Rs 69,002 Mark

The MCX silver futures contract settled at Rs 69,002 for the day, down 2.92 per cent - or Rs 2,075 - from its previous close.

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Trade Deficit In Goods At $4.83 Billion In July

Exports declined 30.21 per cent to $74.96 billion compared to the year-ago period, the data showed.

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Chinese Firms Hit By New Import Hurdles In India: Report

The Bureau of Indian Standards (BIS) has in recent weeks delayed approvals for mobile phone components and televisions of Chinese companies

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Petrol, Diesel Prices Remain Unchanged In Metros

Currently, fuel prices vary in different parts of the country, due to factors such as crude oil and foreign exchange rates.

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Domestic Gold Futures Trim Losses To End At Rs 52,585

Gold Rate Today: The MCX gold futures contract shut shop at Rs 52,585 for the day, down Rs 345 - or 0.65 per cent - from its previous close.

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Flipkart Eyes Alcohol Delivery With Diageo-Backed Startup: Report

Flipkart's customers will be allowed to access the startup HipBar's application on the e-commerce giant's platforms

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RBI Approves Dividend Payout Of Rs 57,000 Crore To Government

The government had budgeted a dividend of Rs 60,000 crore from the central bank and other state-run financial institutions.

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Nifty Settles Below 11,200 Dragged By Auto, Banking Shares

Nine of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Bank index's nearly 3 per cent fall.

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Sensex Slumps Over 650 Points Dragged By Banking Shares

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Bank index's nearly 3 per cent decline.

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NBCC Shares Surge On Heavy Volumes

Shares of National Buildings Construction Corporation (NBCC) rose as much as 6.32 per cent to hit an intraday high of Rs 27.75 on the BSE.

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Wholesale Prices Stay In Deflationary Mode For Fourth Month In July

WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively

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Spot Gold Price Set For First Weekly Decline Since Early June

Gold largely ignored economic data from top consumer China, which missed market expectations and dented equities.

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Amazon To Launch Online Drug Sales In Bengaluru

"Amazon Pharmacy", will offer both over-the-counter and prescription-based drugs, basic health devices and traditional Indian herbal medicines.

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Eicher Motors Falls Over 3% After Reporting Loss In June Quarter

Royal Enfield sold 58,383 motorcycles in the June quarter, marking a decline of 68 per cent compared to 1,81,966 motorcycles in the year-ago period.

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Sensex, Nifty Off Day's Highs; Pharma Stocks Jump

Analysts say gains were limited as high inflation dashed hopes of further monetary easing in the near term.

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Sensex Opens Over 100 Points Higher

Shares elsewhere in Asia dropped following lacklustre Chinese economic data, amid worries about a delay in US fiscal stimulus discouraged some investors from taking on risk.

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Sensex, Nifty Likely To Open Flat Today

Shares elsewhere in Asia dropped following lacklustre Chinese economic data, amid worries about a delay in US fiscal stimulus discouraged some investors from taking on risk.

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US Contract Ban Takes Effect For Firms Using Products From Huawei, Others

The rule bars USgovernment from buying goods or services from any company that uses products from five Chinese companies

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Rise In Retail Inflation Will Make RBI Keep Rate Cut On Hold, Say Experts

Experts noted the rise in food inflation due to disruption in supply chains

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Silver Futures Soar 3% To Rs 68,800, Gold Edges Lower To Rs 52,198

The MCX gold contract (October 5) ended 0.11 per cent lower at Rs 52,198, and the silver contract (September 4) settled at Rs 68,800, up 3.07 per cent from its previous close.

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Retail Inflation Worsens To 6.93% In July From 6.23% In June

Inflation remained above the Reserve Bank of India's medium term range of 4-6 per cent.

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Eicher Motors Reports Loss Of Rs 55 Crore In June Quarter

Eicher Motors on Thursday reported consolidated loss of Rs 55 crore in quarter ended June 30 against profit of Rs 452 crore during the same period last year.

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India's Gems And Jewellery Exports Fall 38% In July: Trade Body

Globally, demand for diamonds has plummeted during the pandemic, freezing sales and squeezing prices

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India's Air Passenger Traffic Slumps 82% In July Amid COVID-19: Regulator

Airlines carried a total of 372.85 lakh passengers in the first seven months of 2020 (January-July), marking a fall of 54.84 per cent compared to the corresponding period a year ago.

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What's In Store For Taxmen And Taxpayers In I-T Department's Charter

The tax officers will now be committed to a 14-point charter, while taxpayers will have to fulfill six-point expectations of the I-T Department

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Sensex, Nifty End Flat; PSU Banks, Pharma Shares Fall, Metals Shine

Mid- and small-cap shares outperformed their larger peers as the Nifty Midcap 100 index rose 1.7% and Nifty Smallcap 100 index advanced 0.73%.

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Crude Prices Rise 2% After Drop In US Oil Stocks Spurs Demand Hope

Crude inventories In US fell by 4.5 million barrels, compared with analysts' expectations in a Reuters poll for a 2.9 million-barrel drop

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All You Need To Know About Faceless Tax Assessment And Appeal

"A faceless tax system will give the taxpayer confidence on fairness and fearlessness," PM Narendra Modi said in a video address after rolling out the ''Transparent Taxation - Honoring the Honest''...

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Landmark Day In History Of Tax Administration: Finance Minister

The Finance Minister reiterated that the government has over the past few years simplified the country's tax system.

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Sensex Falls Over 300 Points From Day's High, Nifty Hovers Around 11,300

Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1 per cent decline.

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PM Modi Launches "Transparent Taxation" Platform: Highlights

PM Modi said the new platform will strengthen efforts of "reforming and simplifying our tax system".

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Faceless Assessment, Taxpayers' Charter From Today, Says PM Modi

Prime Minister Narendra Modi made a big new push for tax reforms by launching the "Transparent Taxation - Honoring The Honest" platform, in what he said will strengthen efforts of "reforming and...

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Tata Steel Sheds Nearly 1% Ahead of June Quarter Earnings

Tata Steel had posted a consolidated net loss of Rs 1,095.68 crore in March 31 quarter, compared with a net profit of Rs 2,430.92 crore in corresponding quarter last year.

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Zydus Cadila Launches India's Cheapest Remdesivir Version At Rs 2,800

It (Remdesivir version) will be sold under the brand name Remdac to government and private hospitals treating Covid-19 patients, the company said in a regulatory filing.

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Silver Futures Decline Nearly 1% To Rs 66,250

Silver Price Today: At 10:16 am, the MCX silver futures contract quoted at Rs 66,473, down 0.42 per cent (Rs 280) from its previous close.

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Domestic Gold Futures Move In Narrow Range Near Rs 52,000

Gold has been one of the most consistent gainers through the six months of coronavirus-led turmoil in financial markets.

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Sensex Gains Over 100 Points As Financial, Metal Stocks Jump

Hindalco, JSW Steel, UPL, TCS and Wipro, trading between 1.63 per cent and 4.24 per cent higher, jumped the most among the 40 gainers in the 50-scrip Nifty basket.

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No Change In Petrol, Diesel Prices On Thursday

State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis, to bring the fuel rates at par with global oil prices and changes in the forex rates.

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Sensex, Nifty Likely To Have A Mildly Positive Opening

The domestic stock markets are likely to open in the green, following a positive close for the US market and positive indications from SGX Nifty.

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OPEC Trims 2020 Oil Demand, Sees Doubts About 2021 On Virus Fallout

While some countries have eased lockdowns, allowing demand to recover, fear of new outbreaks has kept a lid on oil prices

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Gold Futures End Volatile Day Higher At Rs 52,220; Silver At Rs 66,772

Gold Price In India: Domestic gold and silver futures fluctuated between gains and losses in a wide range on Wednesday, as data showing the UK's economy shrank by a record 20.4 per cent in the...

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From Carats To Peanuts: How Pandemic Upended The Global Diamond Industry

Demand for diamonds has plummeted during the pandemic, freezing sales and squeezing prices

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Spot Gold Rebounds Above $1,900 Amid Volatile Trade As UK Economy Slumps

Gold's gains were also helped by the dollar, whose recent uptick was stalled by a deadlock in Washington over a stimulus package.

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Nifty Breaks 6-Day Winning Streak Dragged By Metal, Pharma Shares

Mid- and small-cap indexes ended on a mixed note as Nifty Midcap 100 index ended flat while Nifty Smallcap 100 index rose 0.4 per cent.

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UK Economy Contracts By 20.4% In June Quarter

Lockdown measures led to record quarterly decline in services, construction and production.

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Alibaba-Backed Best To List Delivery Business In Hong Kong: Report

Best has tapped Credit Suisse and JPMorgan to lead the listing process, according to sources

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Sensex, Nifty Off Day's Lows; PSU Banks Gain, Metal, Pharma Shares Fall

The equities have seen broad-based gains in the last few sessions and the Nifty 50 had gained nearly 4 per cent over the last six sessions.

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Rupee Edges Lower To 74.85 Against Dollar

Rupee Vs Dollar Rate: The rupee traded in a range of 74.76-74.85 against the US currency, having started the day unchanged at 74.77 compared to its previous close.

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Weak Fuel Demand Drags On As Virus Crisis Worsens

Sales of petrol, fell by 10.3 per cent from a year earlier to 2.26 million tonnes, and were down 0.8 per cent from 2.28 million tonnes in June.

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Interest-Rate Sensitive Stocks Trade Mixed Ahead Of July Inflation Numbers

At 11:10 am, the BSE Auto index had gained more than 1 per cent, while metal and banking indices had shed 1.5 per cent and 0.5 per cent respectively.

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Silver Futures Hit Lower Circuit, Fall To Rs 60,910 Tracking Global Rates

Silver Rate Today: At 10:12 am, the MCX silver futures contract quoted at Rs 61,770, down 7.72 per cent (Rs 5,164) from its previous close.

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Domestic Gold Futures Drop 4%, Below Rs 50,000 As Global Rates Tumble

Gold Rate Today: At 10:12 am, the MCX gold futures contract quoted at Rs 50,293, down Rs 1,636 - or 3.15 per cent - from its previous close.

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Spot Gold Rate Falls Below $1,900 Per Ounce As US Dollar Rises

Gold suffered its biggest one-day drop in more than seven years on Tuesday as equities surged and the dollar firmed.

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Sensex Falls Over 250 Points, Nifty Below 11,250 Tracking Global Markets

On Wall Street, the S&P 500 snapped a seven-day winning streak after coming within reach of its all-time peak hit in February just before the global outbreak of COVID-19.

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Petrol, Diesel Prices Remain Unchanged On Wednesday

State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis, to bring the fuel rates at par with global oil prices and changes in the forex rates.

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Sensex, Nifty Likely To Have A Weak Opening

The domestic stock markets are likely to open in the red after US markets closed lower following uncertainty in the US fiscal stimulus measures.

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Infosys Founder Narayana Murthy Fears Of GDP Hitting Lowest Since 1947

Mr Murthy said the economy should be brought back on track and people should be prepared to live with coronavirus

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Passenger Vehicle Sales Decline 4% In July, Two-Wheeler Sales Fall 15%

For the April-July period, annual passenger vehicle sales were down 63 per cent 336,513 units and two-wheeler sales were down 60.54 per cent.

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Domestic Silver Futures Tumble 5% Tracking Global Precious Metals

Silver Rate Today: The MCX silver futures contract settled at Rs 74,960, up 1.08 per cent (Rs 800) from its previous close.

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Rupee Gains By 13 Paise To Close At 74.77 Against Dollar

Rupee Vs Dollar Today: The rupee moved in a range of 74.82-74.86 against the dollar after opening mildly stronger at 74.83 compared to its previous close of 74.90.

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Nifty Ends Higher For Sixth Straight Day

Asian stocks rose on relief that another round of US-China sparring appears not to have spilled over into trade.

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Domestic Gold Futures Slide Below Rs 54,000 Mark Tracking Global Rates

Gold Rate Today: At 1:04 pm, the MCX gold futures contract quoted at Rs 53,960, up Rs 986 - or 1.79 per cent - from its previous close.

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Gold Price Falls As Dollar Holds On To Gains

Analysts said gold's overall appeal was intact, with prices up more than 33 per cent so far this year.

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Sensex, Nifty Off Day's Highs After Hitting 5-Month Highs

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher ed by the Nifty Metal index's 2.5 per cent gain.

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ICICI Bank To Raise Rs 15,000 Crore Through Share Sale; Stock Jumps

A total of 17.62 lakh ICICI Bank shares changed hands on Monday, as against an average of 17.55 lakh in the past two weeks.

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Titan Shares Fall After Reporting Loss In Q1 As Covid-19 Rattles Business

Titan's revenue, from sale of products and services, in June quarter fell 74 per cent annually to Rs 1,251 crore.

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Axis Bank Raises Rs 10,000 Crore Through Sale of Shares

Axis Bank Share: The shares were issued at Rs 420.10 per share. a discount of 5 per cent to floor price of Rs 442.19 per equity share, aggregating to Rs 10,000 crore.

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Inflation Likely Edged Up In July On Higher Food Prices: Poll

Food prices, which account for nearly half of inflation basket, have soared since April due to supply-side disruptions caused by lockdown.

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Rupee Edges Higher To 74.82 As Dollar Weakens

Rupee Vs Dollar Today: The rupee moved in a range of 74.82-74.86 against the dollar after opening mildly stronger at 74.83 compared to its previous close of 74.90.

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Cipla Extends Gains For Second Day On Strong June Quarter Earnings

On Friday, the company had reported a net profit of Rs 577.91 crore in the quarter ended June 30, marking a jump of 20.85 per cent compared to the corresponding period a year ago.

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Sensex, Nifty Off Day's Highs; Consumer Goods, Metal Shares Jump

Asian stocks rose on relief that another round of US-China sparring appears not to have spilled over into trade.

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Interglobe Aviation To Raise Up To Rs 4,000 Crore; Stock Rises Over 1%

Interglobe Aviation plans to raise the money through the sale of shares to institutional investors as the Covid-19 pandemic has severely affected its operations.

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Sensex Rises Over 300 Points As Banking Stocks Lead Gains

Asian stocks rose on relief that another round of US-China sparring appears not to have spilled over into trade.

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Small Finance Banks Pay These Returns On Retail Fixed Deposits

Bank FD Fixed Deposit Rates: Small finance banks offer annual returns of 3.5-interest rates to the tune of 3.05-8.5 per cent per annum on retail fixed deposits.

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"Unplanned" Lockdowns To Slow COVID-19 Hurt Indias Economic Recovery

Tax collection has moderated, while a measure of inter-state movement of goods traffic by road and rail has shown little change.

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Tim Cook Joins Billionaire Club As Apple's Value Nears $2 Trillion

Cook, meantime, has joined one of the most elite clubs for CEOs who didn't actually found the companies they run: his net worth has eclipsed $1 billion.

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Pay Charges Daily To Operate Flights From Airports, Airports Authority Tells Goair

An airline has to pay various charges -- air navigation, landing, parking etc -- to AAI, which works under the Civil Aviation Ministry, to use facilities at any of its more than 100 airports.

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Petrol, Diesel Prices Remain Unchanged On Tuesday

State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis to bring fuel rates on par with global oil prices and changes in forex rates.

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Sensex, Nifty Likely To Have A Firm Opening

The domestic stock markets are likely to open in the green, amid cautious trading in Asia due to strained US-China relations and a mixed Wall Street session overnight.

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Oil Climbs On Positive China Data, Hopes For US Stimulus Package

Saudi Arabian Aramco CEO Amin Nasser said on Sunday that he sees oil demand rebounding in Asia

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Balance Of Payments To Be 'Very, Very Strong' This Year, Says Piyush Goyal

"Exports have shown a good turnaround. We are in July at about 91 per cent export level of the previous year, July 2019, figures," Mr Goyal said.

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IndiGo To Raise Up To Rs 4,000 Crore Via Share Sale

Last month IndiGo had also said that it was planning to raise at least Rs 2,000 crore through the sale and leaseback of planes and other assets

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IndiGo To Raise Up To Rs 4,000 Crore Via Share Sale

Last month IndiGo had also said that it was planning to raise at least Rs 2,000 crore through the sale and leaseback of planes and other assets

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Marriott Posts Bigger-Than-Expected Loss As Virus Hits Bookings

Marriott said it now expects a gradual rise in occupancy rates across the world although it may be a few years before it sees a return to pre-COVID period demand levels.

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Gold Futures Log Mild Gains, Hover Around Rs 55,000

Gold Rate Today: Multi Commodity Exchange (MCX) gold futures climbed up as much as 0.43 per cent (Rs 237) to Rs 55,098 during Monday's session.

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Domestic Silver Futures Gain Over 1%, Near Rs 75.,000 Mark

Silver Rate Today: The MCX silver futures contract settled at Rs 74,960, up 1.08 per cent (Rs 800) from its previous close.

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Equity Mutual Funds Show First Outflows In More Than Four Years

Mutual funds that invest in equity showed a net outflow of Rs 2,480 crore in July compared with an inflow of Rs 241 billion crore in June

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Nifty Ends Above 11,250 Led By Gains In Pharma Shares

All the 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Pharma index's over 5 per cent gain.

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Flipkart Announces $25,000 Grant For Startups Through Its Accelerator

Flipkart said it will identify innovative startups to promote the startup ecosystem and support the government's Start-up India initiative.

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Post Office Fixed, Recurring Deposit Fetches These Returns

Post Office Term Deposit Interest Rate: Fixed and recurring deposits at designated post office branches provide returns to the tune of 5.5-6.7 per cent per annum.

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Divi's Labs Surges 16% To Hit New 52-Week High On Strong Earnings

Divi's Labs shares have surged 125 per cent since August 14, the day it hit a 52-week low of Rs 1,466.

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Cipla Hits Record High After Strong June Quarter Earnings

Cipla reported a net profit of Rs 577.91 crore in the quarter ended June 30, marking a jump of 20.85 per cent compared to the corresponding period a year ago.

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Defence Stocks Soar After Centre Imposed Embargo On Weapons Imports

Defenceminister Rajnath Singh had, on Sunday, announced restrictions on import of 101 weapons and military platforms in order to boost indigenous production.

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Sensex Gains Over 350 Points As Financial, Pharma Stocks Jump

Asian stocks held tight ranges on Monday amid worries over flaring tensions between the United States and China.

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Sensex Rises Over 300 Points, Nifty Tops 11,300 Amid Gains Across Sectors

Asian stocks held tight ranges on Monday amid worries over flaring tensions between the United States and China.

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Saudi Aramco Still Chasing $15 Billion Deal With Mukesh Ambani's Reliance

Reliance's shares fell in mid-July after Chairman Mukesh Ambani said a transaction had been delayed "due to unforeseen circumstances in the energy market and the Covid-19 situation."

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Petrol, Diesel Prices Remain Unchanged On Monday

State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis to bring fuel rates on par with global oil prices and changes in forex rates.

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Sensex, Nifty Likely To Have A Cautious Start

The domestic markets are likely to open on a flat note after global markets remained cautious as investors eyed US fiscal stimulus and US-China tensions.

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Gold Hovers At Record Highs; How To Invest In The Yellow Metal?

Gold prices are on a record-breaking spree globally due to rising Covid-19 cases, simmering US-China tensions, expectations of a second stimulus announcement in the United States and decline in the...

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Saudi Aramco Q2 Profits Slump 73% On Low Oil Prices

Energy giant Saudi Aramco said on Sunday its net profit for the second quarter plunged a massive 73 percent year-on-year due to sharply lower oil prices.

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PM Narendra Modi Launches Rs 1 Lakh Crore Agriculture Infrastructure Fund

The Prime Minister also released the sixth installment of Rs 17,100 crore to the bank accounts of more than 8.55 crore farmer beneficiaries under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)...

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Petrol, Diesel Prices Remain Unchanged On Sunday

In Delhi, the price of petrol stood unchanged at Rs 80.43 per litre and diesel at Rs 73.56 per litre, while in Mumbai, the prices of petrol was Rs 87.19 per litre and diesel was Rs 80.11 per litre.

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Mukesh Ambani Eclipses Richest European To Become World's No. 4

Mukesh Ambani has slowly been shifting his focus to e-commerce, with tech giants seeking to take a piece of India's fast-growing digital business.

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Mukesh Ambani Now World's 4th Richest Person: Report

Reliance Industries' chairman, Mukesh Ambani, is now the fourth richest person in the world, according to news agency Bloomberg.

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LPG Price: Here's How Much You Pay For Cooking Gas Now

The pause in LPG rates this month comes after a marginal increase each in June and July, which followed three straight months of reduction.

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India's FDI Regime Most Liberal In World: NITI Aayog CEO

NITI Aayog CEO Amitabh Kant said that after the pandemic, India will need to focus on lives and livelihoods, and economic revival in particular.

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Maruti Suzuki July Passenger Vehicle Production Down 19%

Last week, Maruti Suzuki had reported its first quarterly loss since its listing in 2003, as the coronavirus-triggered lockdown and supply chain disruptions hurt demand.

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India's 10 Most Valuable Companies: Here's A List

India's Biggest Companies By Market Value: Reliance Industries, TCS and HDFC Bank together account for nearly 56% of the combined market value of the country's 10 biggest enterprises.

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Bank Fixed Deposit Rates: Compare Returns Provided By Top Banks Here

Interest Rate: With effect from May 27, SBI provides interest rates to the tune of 2.9-5.4 per cent on fixed deposits to the general public, and 3.4-6.2 per cent to senior citizens.

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Gold Bond Scheme 2020-21 To Open For Last 5 Days On These Dates

Typically, gold shares an inverse relationship with equities, and the safe-haven appeal of the precious metal rises with any sign of increased risk in equities.

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Petrol, Diesel Prices Remain Unchanged In Metros

While the prices of petrol in the metros have been steady for more than a month, diesel rates have been revised on many occasions.

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Forex Reserves Climb $11.9 Billion To All-Time High Of $534.5 Billion

So far in FY2020-21 (up to July 31), the reserves have risen by $56.8 billion

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Gold, Silver Futures Flat, Near Record Highs Amid Rising COVID-19 Cases

Gold, Silver Price Today: At 4:36 pm, MCX gold futures quoted flat at Rs 55,830 while silver futures traded marginally lower at Rs 76,030.

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Sensex, Nifty End Flat; Banking Shares Gain, IT Stocks Fall

Investors' turned cautious on pace of economic recovery as COVID-19 infection cases in the country crossed 20 lakh.

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Serum Institute To Partner With Gates Foundation To Make COVID-19 Vaccine

The institute said on Friday it will get funding to support manufacturing for candidate vaccines from AstraZeneca and Novavax.

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Rupee Recovers Day's Losses, Ends Flat At 74.93 Against Dollar

Rupee Vs Dollar: At the current level, the rupee has recovered 2.57 per cent against the US currency since an all-time low of 76.91 logged in April.

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RBI Forms Committee For Recommendations On Corporate Loans Restructuring

The committee will formulate sector-specific resolution plans for all accounts with total loan exposure of Rs 1,500 crore and above

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Adani Group Not Interested In Domestic Coal Mine Auctions: Top Official

Adani Enterprises' Chief Financial Officer Jugeshinder Singh said the group would restrict participation to mining services

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Sensex, Nifty Muted Amid Rising Coronavirus Cases

Gains in automobile and consumer goods shares were offset by losses in IT and pharmaceutical stocks.

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Mindspace Business Parks REIT Lists At Over 10% Premium Over Issue Price

In intra-day trading, the stock went up till Rs 308.90, an 11.70 per cent rise on the issue price

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Rupee Edges Lower To 75.05 Against Dollar

The rupee moved in a range of 10 paise against the greenback during the four-hour session, between 74.95 and 75.05.

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Domestic Silver Futures Climb To New Peak, Near Rs 78,000 Mark

Gold Price Today: At 11:17, the MCX silver futures contract quoted at Rs 76,520, up 0.62 per cent - or Rs468 - from its previous close of Rs 76,052.

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Vodafone Idea Slumps After Loss Widens To Rs 25,460 Crore In June Quarter

Vodafone Idea's average revenue per user (ARPU) per month came down to Rs 114 per month in June quarter.

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Domestic Gold Futures Surge to Record Rs 56,191 Tracking Global Rally

Gold Price Today: At 10:39 am, the MCX gold contract quoted at Rs 55,763, down Rs 82 - or 0.15 per cent - from its previous close.

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Uber Rides Take COVID-19 Hit But Food-Delivery Business Doubles

Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April.

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Subscription Window For Fifth Tranche Of Gold Bonds Ends Today

Sovereign Gold Bond Scheme: A discount of Rs 50 per gram is available for online subscribers, aimed at promoting digital payments.

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Spot Gold Rate Soars To Record High As Safety Rush Intensifies

Surging COVID-19 cases in the United States have dampened hopes for a nascent economic recovery and weighed on rival safe-haven dollar. The greenback was headed for its seventh consecutive weekly...

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Sensex, Nifty Edge Lower In Early Trade

HCL Tech, HDFC Bank, Infosys, Hero MotoCorp and ICICI Bank, trading between 1.11 per cent and 163 per cent lower, were the worst hit among the 26 losers in the 50-scrip Nifty basket.

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Facebook Shares Surge Over 6% After Rollout Of Instagram Reels

The Facebook stock rose more than 7.02 per cent at the strongest level of the day to touch the $266.60 mark, compared to its previous close of $249.12.

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Petrol, Diesel Prices Unchanged On Friday

While petrol prices have been steady for more than a month, diesel rates have been revised on many occasions.

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Rupee Ends Flat At 74.93 Against Dollar After RBI Keeps Key Rates On Hold

Rupee Vs Dollar Today: At the current level, the rupee has recovered 2.57 per cent against the US dollar since an all-time low of 76.91 registered in April.

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Inflation To Remain High In September Quarter, Warns RBI Governor

RBI left the repo rate and other key policy rates unchanged at existing levels taking stock of recent rise in consumer inflation

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Sensex, Nifty Close 1% Higher After RBI Holds Repo Rate At Record Low

Gold loan providers surged after RBI decided to increase the permissible loan to value ratio (LTV) for gold loans to 90% from 75% earlier.

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RBI To "Keep Accommodative Stance" After Leaving Key Rates Unchanged

The Monetary Policy Committee voted to keep the benchmark repurchase rate at a record low of 4%, Governor Shaktikanta Das said.

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War Against Coronavirus Most Intense At Current Juncture: Shaktikanta Das

RBI Governor Shaktikanta Das said the rise in new COVID-19 cases has led to the re-imposition of lockdowns in several parts of the country.

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RBI Rate Decision, Loan Restructuring Mostly On Expected Lines: Experts

RBI unexpectedly kept interest rates on hold on Thursday, amid a recent rise in retail consumer prices.

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Living With The Pandemic Has Improved The Way We Manage It: Shaktikanta Das

Drawing from Mahatma Gandhi's inspirational words, "If our resolve is firm and our conviction clear, it would mean half the battle won....", Shaktikanta Das reiterated that he continued to be an...

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RBI Extends Provisions For Restructuring MSME Loans Till March

The restructuring provision will be available only to MSMEs that were in default but were 'standard' in March, this year

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Sensex Surges Over 500 Points After RBI Keeps Repo Rate Unchanged

The Reserve Bank of India kept repo rate unchanged at two-decade low of 4 per cent.

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RBI Monetary Policy Meet: Full Text Of Governor Shaktikanta Das's Speech

RBIkept the repo rate unchanged at two-decade low of 4 per cent

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RBI Leaves Key Rates Unchanged Amid High Inflation

The Reserve Bank of India on Thursday left the repo rate and other key policy rates unchanged at existing levels amid a recent rise in consumer inflation, and said it would ensure retail prices are...

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Rate-Sensitive Banking, Auto Stocks Slip Marginally Post RBI Policy

The Reserve Bank of India left the repo rate unchanged at the existing 4 per cent and maintained its "accommodative" stance on policy, on Thursday

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RBI Keeps Key Lending Rate Unchanged Amid Rising Inflation

The Reserve Bank of India's Monetary Policy Committee led by Governor Shaktikanta Das on Thursday kept the repo rate unchanged at two-decade low.

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India Needs To Look Beyond What Rating Agencies Think: Ex-RBI Governor

Former RBI governor Raghuram Rajan overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done

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US Sends First Shipment Of Crude To Saudi Arabia In Over A Decade

The United States shipped about 550,000 barrels of crude to Saudi Arabia in June, according to data

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Shaktikanta Das-Led RBI To Release Statement Shortly

RBI Monetary Policy: The Reserve Bank of India's recent policies have focused on financial stability and the need to support growth despite the price target.

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Rate-Sensitive Stocks Trade Mixed Ahead Of RBI Policy

The Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC), headed by the RBI Governor, had its 24th meeting and its last before the expiry of its ongoing four-year term.

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World's Hottest Stock, Up By 880%, Is A Money-Losing Tech Giant

Swelling optimism that loss-making Sea may one day become both the Tencent and Alibaba of Southeast Asia has boosted its New York-listed shares by more than 880 per cent in the past 18 months.

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Chinese Vaccine Maker Has World's Fastest Growing Fortune

Chongqing Zhifei Biological Products Co. shares have surged 80 per cent since the vaccine maker disclosed at the end of June that China's drug regulator approved clinical human testing of a Covid-19...

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Sensex, Nifty Rise Ahead Of RBI Policy Statement

Analysts awaited the outcome of a three-day meeting of the Reserve Bank of India's six-member Monetary Policy Committee amid hopes of another rate cut.

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Shaktikanta Das-Led RBI To Announce Policy Decision Today

The Reserve Bank of India (RBI) will shortly announce its decision on monetary policy today as its top brass concludes a three-day review. Economists remain divided over whether the central bank will...

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Petrol, Diesel Prices Unchanged On Thursday

In Delhi, the price of petrol stood at Rs 80.43 per litre and that of diesel at Rs73.56 per litre, according to notifications from Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Mildly Positive Opening

The Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC), headed by the RBI Governor, is scheduled to announce the decisions of the panel.

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Ajay Tyagi Gets 18 Months' Extension As SEBI Chairman

Mr Tyagi was appointed as the SEBI chairman in March 2017

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Asset Quality Of Banks, NBFCs Can Deteriorate Further: Rating Agency ICRA

ICRA said 10 to 15 per cent of borrowers who continue to opt for the moratorium will be more vulnerable to slippages

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Rupee's Appreciation Has Been Softer Against Dollar's Depreciation

In July US dollar index dropped 4.33% and the Indian rupee appreciated against the greenback by a mere 1%, Bloomberg data showed.

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Government Bans More Chinese Apps From Xiaomi, Baidu: Report

The new list reportedly contains mostly clones, or simply different versions, of the already banned apps

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These Are India's 10 Most Valuable Companies

Reliance Industries, Tata Consultancy Services and HDFC Bank are currently the country's three most valuable companies.

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Bharti Airtel Partners With Amazon To Grow Cloud Business

Airtel's shares rose 1.83 per cent to close at Rs 558.85 apiece

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Domestic Silver Futures Cross Rs 72,700 To New Record High

Silver Price Today: At 4:52 pm, the MCX silver futures contract quoted at Rs 72,287, up Rs 2,490 or 3.57 per cent from its previous close.

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Virgin Atlantic Files For Bankruptcy Protection In US Amid Pandemic

The British airline has announced plans for private funding worth 1.2 billion pounds

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Sensex, Nifty End Flat A Day Ahead Of RBI Monetary Policy Decision

Analysts awaited the outcome of the Reserve Bank of India's three-day policy review due on Thursday for near-term cues.

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Nifty Gives Up Most Of Day's Gains, Ends Nearly Unchanged At 11,102

Analysts awaited the outcome of the Reserve Bank of India's three-day policy review due on Thursday for near-term cues.

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Cadila's COVID-19 Vaccine Candidate Found Safe In Early-Stage Human Trial

Zydus plans to complete late-stage trials for ZyCoV-D by February or March and could produce up to 100 million doses a year initially.

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Rupee Gains By 22 Paise To 74.82 Against Dollar Tracking Asian Currencies

Analysts awaited the outcome of the Reserve Bank of India's policy review due on Thursday.

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Sensex, Nifty Off Day's Highs; HDFC Bank, Infosys Among Top Drags

Thirteen of 19 sector gauges compiled by BSE were trading higher led by the S&&P BSE Metal index's over 3 per cent gain.

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Domestic Gold Futures Surge To Record Rs 55,000 Ahead Of Expiry

Multi Commodity Exchange (MCX) gold futures, due to expire by the end of the session, quoted at an all-time high of Rs 55,039 at 12:26 pm.

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Lupin Launches Its Version Of Favipiravir Drug To Treat COVID-19

Lupin's Covihalt will be available as 200 mg tablets in the form of a strip of 10 tablets, and priced at Rs 49 per tablet

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How To Invest In Sovereign Gold Bond Scheme

Sovereign Gold Bond Scheme: A discount of Rs 50 per gram is available for online subscribers, aimed at promoting digital payments.

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Income Tax Return Scrutiny Reduced To 0.25%, Says Finance Ministry

ITR picked up for scrutiny has reduced to 0.25 per cent of the total ITRs filed in assessment year (AY) 2018-19, from 0.55 per cent in AY 2017-18.

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Zenara Pharma Receives Nod To Sell Covid-19 Drug Favipiravir

Zenara Pharma: The Hyderabad-based company has received an approval to sell Favipiravir tablets for treating patients with mild to moderate symptoms of Covid-19.

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Fertiliser Shares Rally On Good Harvest Season

While most economic activity came to a standstill in April-May 2020 due to the lockdown, the decision to exempt farming activities from lockdown facilitated good crop output.

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Sensex, Nifty Open Higher Tracking Global Markets

Analysts awaited the outcome of the Reserve Bank of India's three-day policy review due on Thursday for near-term cues.

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Spot Gold Extends Record Run Above $2,000 Per Ounce Mark

Spot gold hit a record high of $2,030.72 in early Asian trade, but later dipped to $2,014.41, with the slight retreat attributed to profit-taking.

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Petrol, Diesel Prices Unchanged On Wednesday

In Delhi, the price of petrol stood at Rs 80.43 per litre and diesel, at Rs73.56 per litre, and at Rs87.19 per litre and Rs80.11 per litre in Mumbai,

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Sensex, Nifty Likely To Have A Flat Opening

The domestic stock markets are likely to open flat, post the gains of the previous session, as Asian markets edged lower in early trading

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Google's $2.1 Billion Fitbit Deal Hits Roadblock As EU Opens Probe

The deal has drawn criticism from healthcare providers, wearables rivals and privacy advocates

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Diageo Full-Year Sales Plunge As Demand In Bars, Restaurants Dries Up

On Tuesday, the company reported an 8.4 per cent drop in organic sales for the year ended June 30

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Domestic Gold Futures Ease After Climbing To Record Rs 54,223

Gold Price India Today: At 3:59 pm, the MCX gold futures traded with a gain of Rs 157 - or 0.29 per cent - at Rs 53,840.

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Three More Days To Invest In Government-Run Gold Bond Scheme Series V

Subscription for Series V of the government's Sovereign Gold Bond (SGB) programme began on August 3. The fifth tranche of the gold bond scheme is open for five days ending Friday, August 7. After the...

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Sensex, Nifty Snap Four-Day Losing Streak Led By HDFC Bank, RIL

Mid- and small-cap shares also witnessed buying interest as the S&P BSE MidCap and S&P BSE SmallCap indexes rose over a per cent each.

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Spot Gold Price Steadies Near Record High Amid COVID-19 Concerns

Central banks around the world have rolled out a flurry of stimulus measures and cut interest rates to mitigate the economic damage caused by the pandemic, helping gold rise more than 30 per cent so...

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Wockhardt Shares Hit Upper Limit Again On COVID-19 Vaccine Supply To UK

On Monday, Wockhardt entered into a fill-and-finish agreement with the UK government to supply COVID-19 vaccines

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Rupee Closes Nearly Unchanged At 75.04 Against Dollar

The rupee moved within a range of 74.99-75.18 against the dollar during the four-hour session, having started the day weaker at 75.15 compared to its previous close of 75.01.

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Insider Jagdishan To Take Reins At India's Most Valuable Lender

Currently the head of finance and "strategic change agent" at the Mumbai-based bank, Mr Jagdishan will start his new role from October 27, the lender said.

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Sensex Surges Over 600 Points, Nifty Reclaims 11,050 Led By HDFC Bank

Nine of 11 sector gauges compiled by the NSE were trading higher led by the Nifty Financial Services and Media indexes over 2 per cent gain.

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Sensex Surges Over 600 Points, Nifty Touches 11,050 On HDFC Bank Boost

At 12:30 pm, the Sensex traded 639.06 points - or 1.73 per cent - higher at 37,578.66, while the Nifty was up 159.30 points - or 1.46 per cent - at 11,050.90.

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HDFC Bank Gets Aditya Puri's Successor. Sashidhar Jagdishan To Be New CEO

HDFC Bank New CEO: Sashidhar Jagdishan completed his graduation in science with specialization in physics, and is a chartered accountant.

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HDFC Bank Surges After RBI Approves Sashidhar Jagdishan As New MD & CEO

Sashidhar Jagdishan joined HDFC Bank in 1996 as a manager in the finance function and was appointed as chief financial officer in the year 2008.

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Agriculture Set To Cushion Economic Impact Of Covid-19 In 2020-21: Centre

Farming activities were exempted from the nationwide lockdown to facilitate uninterrupted harvesting of rabi crops and sowing of kharif crops.

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HDFC Bank Gets New CEO, Boosts Shares

The Reserve Bank of India (RBI) approved Sashidhar Jagdishan's appointment as the new chief of HDFC Bank.

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Sensex, Nifty Rise Over 1% As Banking, Energy Stocks Lead Gains

Analysts awaited the Reserve Bank of India's policy statement due later this week for cues.

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Infosys Bags Order From National Bank Of Bahrain; Stock Rises 1%

National Bank of Bahrain and Infosys Finacle, a wholly-owned subsidiary of Infosys, announced the bank's decision to adopt the Finacle Cash Management Suite to digitally transform its transaction...

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RBI Approves Sashidhar Jagdishan's Name As New HDFC Bank CEO

Sashidhar Jagdishan is currently group head and change agent at HDFC Bank.

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Byju's Nears $400 Million Funding By Billionaire Yuri Milner: Report

The deal values Byju's at $10.5 billion and could be signed as early as this weekend, said the person, who didn't want to be identified as the talks are private.

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Sensex Gains Over 250 Points, Nifty Tops 10,950; Auto Stocks Jump

Oil futures gave up their overnight gains and fell in Asia due to nagging worries about an increase in the supply of crude. US stock futures were 0.02 per cent higher in Asia.

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No Changes In Petrol, Diesel Prices On Tuesday

In Delhi, the price of petrol stood at Rs 80.43 per litre and that of diesel at Rs73.56 per litre, and at Rs87.19 per litre and Rs80.11 per litre in Mumbai.

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Chinese Company Files $1.4 Billion Lawsuit Against Apple In Patent Fight

In the lawsuit filed in a local Chinese court, Xiao-i argued that Apple's voice-recognition technology Siri infringes on a patent that it applied for in 2004 and was granted in 2009.

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Sensex, Nifty Likely To Have A Firm Opening

The domestic stock markets are likely to open on a positive note, post the nearly 2 per cent sell-off witnessed in Monday's session, after strong US manufacturing data lifted the US markets higher.

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Electricity Generation In India In July Improves As Compared To June

Prime Minister Narendra Modi has been citing electricity consumption to show there are "greenshoots" in the Indian economy

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Bajaj Auto Domestic Sales Drop Nearly 23% In July, Shares Fall

Bajaj Auto's sales of two-wheelers stood at 1,52,474 units in July, marking a drop of 10.82 per cent compared to the corresponding period a year ago.

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Government-Run Gold Bond Scheme Opens For Subscription. Key Details Here

Sovereign Gold Bond (SGB) Scheme: Online subscribers get a discount of Rs 50 per gram. This discount is aimed at promoting digital payments.

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Wockhardt To Supply Coronavirus Vaccine To UK Government, Shares Jump

Wockhardt said it will manufacture the product at its Wrexham, North Wales-based subsidiary, CP Pharmaceuticals.

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Wockhardt To Supply COVID-19 Vaccines To UK

AstraZeneca has indicated it would need 30 million fill-and-finish doses of their vaccine candidate, which the company intends to supply in the next few months, Wockhardt's chairman said.

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