Business
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Ashok Chawla steps down as NSE chairman
New Delhi: The National Stock Exchange (NSE) Chairman Ashok Chawla stepped down from his position on Friday. The resignation comes hours after the Central government gave prosecution sanctions to six former Foreign…
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Sensex down 190 points, financials in red
Mumbai: The key equity indices extended their losses during the late afternoon session of the trade on Friday following strong selling in financial sector stocks. Caution ahead of the key macro-economic data…
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BMW Group India’s 2018 automobile sales up 13%
Mumbai: BMW Group India on Thursday reported an automobile sales growth of 13 per cent in 2018 on a year-on-year basis. “BMW Group India delivered 11,105 cars (BMW + MINI) in 2018,…
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Sensex, Nifty in red
Mumbai: Caution ahead of the key macro-economic data and selling in the financial sector dragged the major indices in the red during the pre-afternoon trade session on Friday. Key macro-economic figures like…
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Prudent Corporate thanks India as it crosses an AUM worth Rs. 20,000 Cr
New Delhi: Prudent Corporate, India’s fastest growing Wealth Management Group today said that it has crossed an AUM (Assets Under Management) of Rs. 20,000 Cr. Sanjay Shah, Chairman & MD, Prudent Group…
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BankBazaar expands credit card category for self-employed customers
New Delhi: BankBazaar, India’s leading online marketplace for financial products, announced the launch of Business Cards from Yes Bank on their platform. With this launch, BankBazaar expands its Credit Card category to…
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Mushroom bagging machine, a sustainable source of income in Manipur
Imphal: Mushroom cultivation in Manipur in recent times has become a major source of income and has provided ample employment opportunities to the youths. The favourable climatic conditions have provided ample opportunities…
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US stocks extend rally despite retail weakness
New York: US stocks closed higher despite disappointing holiday sales and revenue guidance from big retail and airline names. The Dow Jones Industrial Average rose 122.80 points, or 0.51 percent, to 24,001.92…
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Japan stocks gain after Wall Street rally
(07:02) Tokyo, Jan 11 (IANS) Tokyo stocks opened higher Friday, with investor sentiment lifted by Wall Street’s overnight rise and the yen’s depreciation against the US dollar, which elevated exporter issues. As…
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Chinese yuan edges higher against US dollar
Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 251.00 basis points to 6.7909 against the US dollar Friday, according to the China Foreign Exchange Trade System.…
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GST Council forms GoM on real estate tax rate
New Delhi: The Goods and Services Tax (GST) Council on Thursday constituted a seven-member group of ministers (GoM) to look into the issues of GST rates for the real estate sector, Finance…
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29th Indian Paint Conference – 2019 to be held in Agra
New Delhi: The Indian Paint Association (IPA), the apex body of the country’s paint industry announced that the 29th biennial Indian Paint Conference would be held in Agra, Uttar Pradesh from 11th…
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Markets start on a shaky note; Sensex down 85.57 points, Nifty falls 32.20 points at mid-day
Mumbai/New Delhi: After witnessing four continuous days of winning momentum the BSE Sensex and NSE’s Nifty 50 opened on a shaky note on Thursday with investors waiting for clarity on the US-China…
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Money can’t buy happiness: Amazon founder Jeff Bezos to divorce
NEW YORK: After 25 years of their married life, Amazon founder Jeff Bezos, rated the world’s wealthiest person, announced Wednesday on Twitter that he and his wife Mackenzie Bezos were divorcing following…
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US dollar falls as Fed minutes stress patience over rate hikes
New York: The US dollar dropped on Wednesday, hitting a new low since October last year, as the latest minutes of US Federal Reserve’s policy meeting hinted at less monetary tightening and…
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US stocks close higher after Fed minutes release
New York: US stocks closed higher after the summary of Federal Reserve’s meeting held in December showed the central bank is patient on rate hikes. The Dow Jones Industrial Average on Wednesday…
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Chinese shares open lower; yuan strengthens
Beijing: Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.02 percent to open at 2,543.85 points. The Shenzhen Component Index opened 0.07 percent lower at 7,442.70 points,…
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Key Indian equity market indices open in green
Mumbai: The key Indian equity market indices on Thursday opened higher despite a muted trend in Asian markets. The Sensitive Index (Sensex) of the BSE, which had closed at 36, 212.91 points…
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OPPLE lighting All India Trade Partner Meet 2019
New Delhi: OPPLE Lighting, one of the world’s leading LED lighting brand, organized the 2019 edition of All India Trade Partner Meet. This gala event was their fourth edition to recognize and…
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Jagriti Yatra concludes 15 day entrepreneurial train journey
New Delhi: World’s largest entrepreneurial train journey, Jagriti Yatra has concluded its 15-day journey, covering over 8000 kilometers with a vision of “Building India through Enterprise”. 500 yatris, who were selected from…
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World’s richest couple Jeff Bezos and MacKenzie to split
Washington: Amazon Founder Jeff Bezos and his wife, MacKenzie, are getting a divorce after 25 years of marriage. The two published a joint statement on Wednesday on the Amazon CEO’s Twitter account…
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Yes Bank shortlists candidates for MD & CEO post
Mumbai: Yes Bank will submit names of the potential candidates for its Managing Director and Chief Executive post to the Reserve Bank of India (RBI) on Thursday. The bank in a regulatory…
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US dollar bounces amid weaker sterling, euro
New York: The US dollar rebounded on Tuesday, restoring some of its strength following previous slumps, as the British pound and the euro lost ground due to uncertainty over Brexit and downbeat…
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Equities close in green, Sensex up 230 points
New Delhi: The BSE Sensex ended 230 points higher on Wednesday as the stock markets recovered from a sharp dip in the mid-afternoon session to post gains for the fourth straight session.…
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Sensex up 120 points, Q3 results in focus
New Delhi: Sensex gained over 120 points during Wednesday afternoon’s trade session over signs of easing US-China trade tensions and expectation of healthy Q3 corporate results. The third quarter results session will…
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India gave permission to Iranian bank to open its branch: Gadkari
NEW DELHI: The Reserve Bank of India has given clearance to an Iranian bank to open a branch named Pasargad in Mumbai within three months, Union Minister of Road, Transport and Highways…
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GST Council to partner with NHAI to curb e-way bill fraud
New Delhi: The Goods and Services Tax (GST) Council will join hands with the National Highways Authority of India (NHAI) to curb e-way bill fraud, sources said on Tuesday. As per the…
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Nandan Nilekani to head RBI committee on digitization of payments
New Delhi: Infosys co-founder and Aadhaar architect Nandan Nilekani will head a high-level committee assessing digitization of payments, the Reserve Bank of India (RBI) said on Tuesday. The committee is being constituted…
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World Bank pegs India’s growth rate at 7.3 pc for current fiscal
Washington: India’s growth rate is expected to accelerate to 7.3 percent during the current financial year ending March 2019, the World Bank has said. “India is forecast to accelerate to 7.3 percent…
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Sale of residential units up 6% across major cities in 2018
New Delhi: The sale of residential units across eight major cities in the country increased by 6 per cent in 2018 to 2.42 lakh units, a Knight Frank report said on Tuesday.…
