Success Is Yours: June 2020

Tuesday, June 30, 2020

Goods And Service Tax Regime Completes 3 Years

GST was unveiled on July 1, 2017 at a glittering ceremony held in the Central Hall of Parliament on the midnight of June 30, 2017.

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Vodafone Idea Posts Record Rs 73,878 Crore Loss In 2019-20

The company has to pay Rs 51,400 crore dues after the Supreme Court ordered the non-telecom revenues to be included in calculating statutory dues.

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Goods And Service Tax Regime Completes 3 Years

GST was unveiled on July 1, 2017 at a glittering ceremony held in the Central Hall of Parliament on the midnight of June 30, 2017.

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Vodafone Idea Posts Record Rs 73,878 Crore Loss In 2019-20

Rupee Edges Lower To 75.57 Against Dollar

At Tuesday's close, the rupee is down 5.80 per cent against the greenback so far this year.

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Rupee Edges Lower To 75.57 Against Dollar

At Thursday's close, the rupee is down 6.03 per cent against the US currency so far this year.

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Jet Fuel Price Hiked 7.5%, Third Increase In A Month

In Delhi, the price of ATF was raised by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl, according to notifications by state-owned oil marketing companies.

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Jet Fuel Price Hiked 7.5%, Third Increase In A Month

Bharti Airtel Gains More Than 2% On Stake Purchase By US-Based Carlyle

The US-based Carlyle Group will buy a 25 per cent stake in Bharti Airtel's data centre business, Nxtra Data, at a cost of $235 million (Rs 1,774.25 crore at $1 = Rs 75.50).

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Sensex Rises Over 200 Points, Nifty Touches 10,350 As Auto Stocks Jump

The Nifty Auto index rose as much as 0.70 per cent, as automakers geared up to report their monthly sales figures.

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Bharti Airtel Gains More Than 2% On Stake Purchase By US-Based Carlyle

Sensex Rises Over 100 Points, Nifty Firm Above 10,300; Auto Stocks Jump

The Sensex had on Tuesday ended 46 points lower at 34,916 and Nifty 50 index declined 10 points to 10,302.

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Non-Subsidised LPG Price Hiked Marginally In Metros

LPG Price Today: Indian Oil consumers in Delhi and Mumbai now have to shell out Rs594 and Rs 594 respectively for each refill of non-subsidised LPG.

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Non-Subsidised LPG Price Hiked Marginally In Metros

Petrol, Diesel Prices Remain Unchanged Across Metros. Check Rates Here

Petrol, Diesel Price: Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Sensex, Nifty Likely To Open Marginally Lower

The domestic stock markets are expected to open marginally in the red amid concerns over global economy as virus cases show no signs of abating.

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Carlyle To Buy Rs 1,774-Crore Stake In Bharti Airtel Data Centre Business

New Delhi-based Nxtra, a wholly-owned subsidiary of Bharti Airtel, is building multiple large data centres to capture significant growth opportunities in the country.

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Petrol, Diesel Prices Remain Unchanged Delhi. Check Rates Here

Sensex, Nifty Likely To Open Marginally Lower

The domestic stock markets are expected to open marginally in the red amid concerns over global economy as virus cases show no signs of abating.

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Carlyle To Buy Rs 1,774-Crore Stake In Bharti Airtel Data Centre Business

Sensex, Nifty Close Lower

Equities in other Asian markets moved higher amid figures that showed China's manufacturing sector grew more than expected in June, following overnight gains in the US on strong housing data.

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Sensex, Nifty End Lower As Pharma, Energy Stocks Drag Markets

COVID-19 cases continued to surge in India, with total cases rising to 5,66,840 as of Tuesday morning, including 16,893 deaths, according to health ministry data.

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UK Economy Contracts 2.2% In Worst Quarterly Slump Since 1979

UK's economy shrank 2.2 per cent in the first quarter, or January-March period

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Sensex Falls Over 350 Points From Day's High; HDFC Bank, RIL Top Drags

Twelve of 19 sector gauges compiled by the BSE were trading lower led by the S&P BSE Oil & Gas index's 1.45 per cent decline.

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Sensex, Nifty Close Lower

Government Procures Record Wheat, Experts Flag Storage Issues

FCI, which buys grain from farmers at a state-set guaranteed price, has bought a record 38.83 million tonnes of wheat

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Government Procures Record Wheat, Experts Flag Storage Issues

FCI, which buys grain from farmers at a state-set guaranteed price, has bought a record 38.83 million tonnes of wheat

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COVID-19 May Set Back Banks' Recovery By Years, Raise Bad Loans: S&P

Non-performing loans are likely to shoot up to 13-14 per cent of total loans in the fiscal year ending March 31, 2021.

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Bond Yields Slide After Special Open Market Operation Announcement

The RBI said on Monday it will buy up to Rs 10,000 crore worth of papers in the 9-13 year tenor from the market on July 2

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Why Sunil Mittal Is Bidding For This UK Satellite Firm

An arm of Mittal's Bharti Enterprises conglomerate made an offer for the London-based OneWeb with backing from the U.K. government.

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COVID-19 May Set Back Banks' Recovery By Years, Raise Bad Loans: S&P

Non-performing loans are likely to shoot up to 13-14 per cent of total loans in the fiscal year ending March 31, 2021.

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Bond Yields Slide After Special Open Market Operation Announcement

The RBI said on Monday it will buy up to Rs 10,000 crore worth of papers in the 9-13 year tenor from the market on July 2

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Why Sunil Mittal Is Bidding For This UK Satellite Firm

An arm of Mittal's Bharti Enterprises conglomerate made an offer for the London-based OneWeb with backing from the U.K. government.

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Monday, June 29, 2020

Gold Futures Hover Near Rs 48,300 Per 10 Grams Mark

Gold Price Today: According to Mumbai-based industry body IBJA, the closing rate of gold jewellery stood at Rs 48,600/10 grams, and silver at Rs 48,614/kilogram.

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Gold Futures Hover Near Rs 48,300 Per 10 Grams Mark

Tata Steel Soars Nearly 4% Post March Quarter Results

The steel maker posted a consolidated net loss of Rs 1,095.68 crore for quarter ended March 31, compared with a net profit of Rs 2,430.92 crore in corresponding quarter last year.

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Tata Steel Soars Nearly 4% Post March Quarter Results

Sensex Rises 200 Points, Nifty Above 10,350 Amid Gains Across Sectors

On Monday, the Sensex had ended 209.75 points - or 0.60 per cent - lower at 34,961.52, and the Nifty settled at 10,312.40, down 70.60 points - or 0.68 per cent - from its previous close.

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Sensex, Nifty Rise In Early Trade

Diesel Remains Costlier Than Petrol In Delhi. Here Are Latest Fuel Rates

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Diesel Remains Costlier Than Petrol In Delhi. Here Are Latest Fuel Rates

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Sensex, Nifty Likely To Open Higher

The domestic stock markets are expected to start the day in the green, following positive global cues on upbeat US data and hopes for stimulus-backed economic rebound.

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Sensex, Nifty Likely To Open Higher

S&P Maintains China's Sovereign Rating With Stable Outlook

S&P in its report saidthat China is likely to maintain above-average economic growth relative to other middle-income economies

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Piramal Shares Jump After US-Based Carlyle Buys Stake In Pharma Unit

Piramal Enterprises had said the deal valued its pharmaceuticals business at an enterprise value of $2,775 million with an upside component of up to $360 million.

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Sensex, Nifty Struggle; Banks Fall, Pharma, FMCG Shares Outperform

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

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Chinese Firms Bag 50% Of Global Equity Raising In First Half Of 2020

China-based companies sold shares worth $32.1 billion in January-June, equivalent to 49.8 per centof worldwide offerings

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Piramal Shares Jump After US-Based Carlyle Buys Stake In Pharma Unit

Sensex, Nifty Struggle; Banks Fall, Pharma, FMCG Shares Outperform

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

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Chinese Firms Bag 50% Of Global Equity Raising In First Half Of 2020

China-based companies sold shares worth $32.1 billion in January-June, equivalent to 49.8 per centof worldwide offerings

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ITC Surges After Profit Rises In March Quarter On Lower Tax Expense

. In quarter ended March 2020, ITC paid tax of Rs 852.70 as against Rs 1,574.38 crore in March quarter last year.

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ITC Surges After Profit Rises In March Quarter On Lower Tax Expense

. In quarter ended March 2020, ITC paid tax of Rs 852.70 as against Rs 1,574.38 crore in March quarter last year.

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Ruchi Soya March Quarter Loss At Rs 41 Crore, Shares Fall

Ruchi Soya said it is ensuring the movement of edible oils and soya food products to the end-consumer.

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Sunday, June 28, 2020

Ruchi Soya March Quarter Loss At Rs41 Crore, Shares Fall

Revenue from the oil business grew 4.46 per cent to Rs 2.771.53 crore, whereas that from seed extraction and food products units declined 33.26 per cent and 0.93 per cent respectively.

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Insurance Regulator Asks Firms Offer Health Policy For COVID-19 By July

IRDAI has asked the insurance firms to offer two health insurance policies - Corona Kavach Policy, Corona Rakshak Policy.

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Toughest Times May Be Over For Rupee, Asia's Worst-Performing Currency

The rupee may strengthen to 75 per dollar by the end of December, an advance of about 1 per cent from Friday's close of 75.6475, according to a Bloomberg survey.

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Insurance Regulator Asks Firms Offer Health Policy For COVID-19 By July

IRDAI has asked the insurance firms to offer two health insurance policies - Corona Kavach Policy, Corona Rakshak Policy.

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Toughest Times May Be Over For Rupee, Asia's Worst-Performing Currency

Too-Big-To-Fail Banks Mostly A Thing Of The Past: Regulators

Funding costs for banks have risen in a reflection that banks are more likely to write down the special debt rather than be rescued by taxpayers, the evaluation showed.

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Too-Big-To-Fail Banks Mostly A Thing Of The Past: Regulators

Sensex Falls Over 300 Points, Nifty Below 10,300 Tracking Global Markets

Shares elsewhere in Asia began the week with caution as the relentless spread of the coronavirus made investors question their optimism on the global economy.

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Sensex, Nifty Decline In Early Trade

Sensex, Nifty Likely To Open Lower Today

At 8:22 a, the SGX Nifty futures were down 57.75 points - or 0.56 per cent - at 10,274.20.

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Petrol, Diesel Rates Hiked In Metros After A Day's Pause

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Sensex, Nifty Likely To Open Lower Today

At 8:22 a, the SGX Nifty futures were down 57.75 points - or 0.56 per cent - at 10,274.20.

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Petrol, Diesel Rates Hiked In Metros After A Day's Pause

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Saturday, June 27, 2020

COVID-19 Disrupted Business Models Of Insurance Companies: Report

All insurers have seen a degrowth in April and May due to the coronavirus lockdown, MD and CEO of IFFCO-TOKIO Anamika Roy Rastrawar said at a webinar.

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COVID-19 Disrupted Business Models Of Insurance Companies: Report

Petrol, Diesel Price Hike Paused After 21 Days

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Petrol, Diesel Price Hike Paused After 21 Days

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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NTPC Profit Falls 70% To Rs 1,524 Crore In March Quarter

NTPC said its total expenses stood at Rs 26,685.02 crore in the January-March period, up 25.56 per cent over the year-ago period.

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NTPC Profit Falls 70% To Rs 1,524 Crore In March Quarter

NTPC said its total expenses stood at Rs 26,685.02 crore in the January-March period, up 25.56 per cent over the year-ago period.

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US-Based Carlyle Buys 20% Stake In Piramal Enterprises' Pharma Business

Piramal Pharma will use the capital raised through the dealto accelerate its organic and inorganic growth plans.

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US-Based Carlyle Buys 20% Stake In Piramal Pharma Businesses

The transaction is expected to close in 2020.

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Monsoon Covers Entire Country Earlier Than Expected: Weather Office

Farmers plant crops such as rice, corn, cane, cotton and soybeans in the rainy months of June and July, with harvests from October.

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Monsoon Covers Entire Country Earlier Than Expected: Weather Office

Farmers plant crops such as rice, corn, cane, cotton and soybeans in the rainy months of June and July, with harvests from October.

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Fitch Upgrades Reliance Industries' Ratings, Outlook Stable

Reliance Industries' local-currency rating "reflects its strong business profile with a market leading position and diversified cash flows", according to Fitch.

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Friday, June 26, 2020

Fitch Upgrades Reliance Industries' Ratings, Outlook Stable

Gold Discounts Widen In Top Asian Hubs Amid Rising COVID-19 Cases

Physical gold was sold at a discount of $0.50 an ounce to a premium of $0.50 an ounce versus the benchmark in Hong Kong, slipping from last week's premium of $0.50-$1.50.

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Diesel Remains Costlier Than Petrol In Delhi For Fourth Straight Day

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Gold Discounts Widen In Top Asian Hubs Amid Rising COVID-19 Cases

Diesel Remains Costlier Than Petrol In Delhi For Fourth Straight Day

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).

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Coal India Profit Dips 23% To Rs 4,625 Crore In March Quarter

Coal India had posted a net profit of Rs 6,026 crore in the same quarter of the previous fiscal

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Asset Quality Of Housing Lenders Likely To Worsen: Rating Agency ICRA

ICRA said gross non-performing assets (GNPA) in the housing segment could increase 2.5-3 per centin the fiscal year through March 2021

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Asset Quality Of Housing Lenders Likely To Worsen: Rating Agency ICRA

ICRA said gross non-performing assets (GNPA) in the housing segment could increase 2.5-3 per centin the fiscal year through March 2021

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Sensex, Nifty Close Higher As IT, Energy Stocks Lead Gains

Gains were capped due to the rising number of COVID-19 cases and border tensions with China.

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Sensex, Nifty Close Higher As IT, Energy Stocks Lead Gains

Gains were capped due to the rising number of COVID-19 cases and border tensions with China.

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Rupee Appreciates By 55 Paise For Week, Settles At 75.64 Against Dollar

Rupee Vs Dollar Today: The rupee could not sustain intraday gains and ended nearly unchanged at 75.64 against the US dollar.

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Rupee Appreciates By 55 Paise For Week, Settles At 75.64 Against Dollar

Rupee Vs Dollar Today: The rupee could not sustain intraday gains and ended nearly unchanged at 75.64 against the US dollar.

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Sensex, Nifty Off Day's Highs; IT Shares Outperform

Six of 11 sector gauges compiled the National Stock Exchange were trading higher led by the Nifty IT index's over 4 per cent gain.

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Sensex, Nifty Off Day's Highs; IT Shares Outperform

Six of 11 sector gauges compiled the National Stock Exchange were trading higher led by the Nifty IT index's over 4 per cent gain.

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Thursday, June 25, 2020

Rupee Gains By 20 Paise To 75.46 Against Dollar Tracking Asian Markets

Rupee Vs Dollar Today: The rupee moved in a range of 75.46-75.54 against the greenback during the session, having started the day stronger at 75.52 compared to its previous close.

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Ashok Leyland Reports Loss Of Rs 57 Crore In March Quarter

Ashok Leyland reported revenue of Rs 17,467 crore in financial year 2020 as against Rs 29,055 crore for the same period last year.

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Rupee Gains By 20 Paise To 75.46 Against Dollar Tracking Asian Markets

Ashok Leyland Reports Loss Of Rs 57 Crore In March Quarter

Ashok Leyland reported revenue of Rs 17,467 crore in financial year 2020 as against Rs 29,055 crore for the same period last year.

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India's Auto, Pharma Sectors Not Ready To Wean Off China

India relies on China for products such as electronic components and drug ingredients because it cannot make them or source them elsewhere as cheaply, company and industry figures say.

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India's Auto, Pharma Sectors Not Ready To Wean Off China

Market Regulator Sebi Eases Preferential Issue Pricing Norms

Sebi has decided to allow acquisition of shares through stock exchange settlement process by way of bulk or block deals during an open offer subject to certain conditions.

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Market Regulator Sebi Eases Preferential Issue Pricing Norms

Sensex, Nifty Rise 1% Backed By Gains Across Sectors

Equities in other Asian markets eked out gains but were set to finish the week on a flat note.

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Sensex Rises Over 300 Points Backed By Gains Across Sectors

Equities in other Asian markets eked out gains but were set to finish the week on a flat note.

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Sensex, Nifty Likely To Start Day On A Positive Note

On Thursday, the Sensex had ended a volatile session 26.88 points - or 0.08 per cent - lower at 34,842.10, and the Nifty settled at 10,288.90, down 16.40 points - or 0.16 per cent - from its previous...

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Sensex, Nifty Likely To Start Today's Session On A Positive Note

Petrol, Diesel Cost Above Rs 80/Litre In Delhi As Fuel Rates Hiked Again

However, the prices of petrol continued to be higher than diesel rates in the other metro cities of Kolkata, Mumbai and Chennai.

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Petrol, Diesel Cost Above Rs 80/Litre In Delhi As Fuel Rates Hiked Again

However, the prices of petrol continued to be higher than diesel rates in the other metro cities of Kolkata, Mumbai and Chennai.

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Gold Price Steadies As Spike In COVID-19 Cases Hits Equities

The US dollar held firm on Thursday as rising trade tensions coupled with fears of a second wave of coronavirus fuelled demand for the safe-haven currency.

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Sensex Ends Volatile Session Lower As June Derivatives Contracts Expire

Six of 11 sector gauges compiled by the National Stock Exchange ended lower, led by a 1.2 per cent fall in the Nifty IT index.

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Sensex, Nifty End Volatile Session Lower As June F&O Contracts Expire

Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty IT index's 1.2 per cent fall.

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Top Indian Cities See A "Massive" Drop In Housing Sales

The coronavirus (COVID-19) pandemic dented new launches, leading to an unprecedented "significantly high" gap between the supply and sales, according to ANAROCK.

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Top Indian Cities See A "Massive" Drop In Housing Sales

Sensex Drops Over 300 Points, Nifty Below 10,250 Ahead Of F&O Expiry

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

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Sensex Drops Over 300 Points, Nifty Below 10,250 Ahead Of F&O Expiry

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

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Wednesday, June 24, 2020

Sensex, Nifty Flat; FMCG, Pharma Shares Gain Ahead Of F&O Expiry

Markets are likely to remain volatile in today's session as derivative contracts for June are set to expire today, analysts said.

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Sensex, Nifty Flat; FMCG, Pharma Shares Gain Ahead Of F&O Expiry

Markets are likely to remain volatile in today's session as derivative contracts for June are set to expire today, analysts said.

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SoftBank Is Not "SoftPunku", Masayoshi Son Told Shareholders. Here's Why

Masayoshi Son said that the value of the Japanese conglomerate's holdings has recovered to pre-coronavirus outbreak levels.

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Softbank Is Not "Softpunku", Masayoshi Son Told Shareholders. Here's Why

Masayoshi Son said that the value of the Japanese conglomerate's holdings has recovered to pre-coronavirus outbreak levels.

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IMF Predicts Significantly Deeper Recession For Virus-Hit Global Economy

IMF chief economist Gita Gopinath said that the cumulative loss for the world economy this year and next as a result of the recession is expected to reach $12.5 trillion.

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IMF Predicts Significantly Deeper Recession For Virus-Hit Global Economy

Alibaba's Jack Ma Toppled By Tencent's Pony Ma As China's Richest

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies.

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Sensex, Nifty Fall Over 1% In Early Trade

Domestic stock markets started Thursday's session on a negative note tracking global equities, which plummeted amid rising concerns about a surge in coronavirus infections globally.

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Diesel Price Above Rs 80/Litre In Delhi, Still More Expensive Than Petrol

However, the prices of petrol continued to be higher than diesel rates in the other metro cities of Kolkata, Mumbai and Chennai.

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Alibaba's Jack Ma Is No Longer China's Richest Person. Who Replaced Him

Sensex, Nifty Fall Over 1% In Early Trade

Losses in banking and financial services stocks dragged the markets lower.

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Diesel Price Above Rs 80/Litre In Delhi, Still More Expensive Than Petrol

However, the prices of petrol continued to be higher than diesel rates in the other metro cities of Kolkata, Mumbai and Chennai.

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Centre's Rs 20,000-Crore Credit Guarantee Scheme For Small Businesses

In case of default, creditors giving subordinate debt are paid after primary debt is settled in full.

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Sensex, Nifty Likely To Have A Gap-Down Opening

The domestic stock markets are expected to open in the red, extending the losses witnessed in the previous session, following shakyAsian cues and weak trends in the SGX Nifty futures.

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Centre's Rs 20,000-Crore Credit Guarantee Scheme For Small Businesses

In case of default, creditors giving subordinate debt are paid after primary debt is settled in full.

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Sensex, Nifty Likely To Have A Gap-Down Opening

Country's GDP Contraction Likely At Record 5.3% In 2020-21: India Ratings

However, the credit ratings agency said it expects the country's economy to bounce back to growth in the range of 5-6 per cent in fiscal year 2021-22.

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After 18th Straight Hike, Diesel Becomes Costlier Than Petrol In Delhi

In a first, diesel in Delhi became costlier than petrol. State-owned oil companies on Wednesday hiked the price of diesel while keeping that of petrol unchanged. That marked the eighteenth straight...

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After 18th Straight Hike, Diesel Becomes Costlier Than Petrol In Delhi

In a first, the price of diesel in Delhi crossed that of petrol. State-owned oil companies on Wednesday hiked the price of diesel while keeping that of petrol unchanged. That marked the eighteenth...

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Bank Of Baroda Surges 9% On Swinging Back To Profit In March Quarter

Bank of Baroda's asset quality improved in March quarter as its gross non-performing assets (NPAs) as a percentage of total advances came in at 9.40%.

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Bank Of Baroda Surges 9% On Swinging Back To Profit In March Quarter

Tuesday, June 23, 2020

Rupee Edges Higher To 75.61 Against Dollar

Forex traders said rupee was trading in a narrow range as positive domestic equities and weak US currency supported the local unit.

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Sensex, Nifty Erase Gains Weighed Down By Selling In Private Lenders

Six of 11 sector gauges compiled by the National Stock Exchange were trading ower led by the Nifty Private Bank index's nearly 1 per cent loss.

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Rupee Edges Higher To 75.61 Against Dollar

Forex traders said rupee was trading in a narrow range as positive domestic equities and weak US currency supported the local unit.

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Sensex, Nifty Erase Gains Weighed Down By Selling In Private Lenders

Six of 11 sector gauges compiled by the National Stock Exchange were trading ower led by the Nifty Private Bank index's nearly 1 per cent loss.

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V-Shaped Recovery For Economy If Virus Contained: Chief Economic Adviser

India's top economic adviser said a V-shaped recovery for the economy is possible this year, provided a vaccine is found to contain the Covid-19 pandemic

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India's Oil Imports In May Sink To Lowest In Over 8 Years: Report

Indian refiners in April filled tanks with cheaper oil, sold extra cargoes to the federal government for strategic reserves and declared force majeure on crude imports.

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V-Shaped Recovery For Economy If Virus Contained: Chief Economic Adviser

India's Oil Imports In May Sink To Lowest In Over 8 Years: Report

How To Check Latest Petrol And Diesel Rates In Your City

Petrol and diesel prices were hiked by 54 paise per litre and 58 paise per litre respectively in the national capital on Tuesday.

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How To Check Latest Petrol And Diesel Rates In Your City

Petrol and diesel prices were hiked by 54 paise per litre and 58 paise per litre respectively in the national capital on Tuesday.

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Sensex Rises Over 200 Points In Early Trade, Nifty Tops 10,500

Equities in other Asian markets crept to a four-month high as investors remained upbeat on the outlook for a re-opening of the global economy.

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Diesel Becomes Costlier Than Petrol In Delhi

Petrol, Diesel Price Today: In Delhi, the price of diesel was increased by 48 paise per litre on Wednesday while that of petrol was left unchanged.

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Sensex, Nifty Rise In Early Trade

Equities in other Asian markets crept to a four-month high as investors remained upbeat on the outlook for a re-opening of the global economy.

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Diesel Becomes Costlier Than Petrol In Delhi

Adani Power To Acquire 49% Stake In Odisha Power Generation Corporation

Adani Power Limited signed a definitive agreement to acquire 49 per cent stake in Odisha Power Generation Corporation (OPGC) from affiliates of The AES Corporation.

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Sensex, Nifty Likely To Open Marginally Lower

The Asian markets had shed gains in early trading activity and trends on SGX Nifty indicate a negative opening for the index in India with a 37 points loss.

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Adani Power To Acquire 49% Stake In Odisha Power Generation Corporation

Sensex, Nifty Likely To Open Marginally Lower

India's Crude Processing Picks Up 7.3% In May On Easing Restrictions

Indian Oil Corporation, the country's top refiner, aims to operate its plants at about 90 per cent capacity in June.

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Rupee Strengthens To Close At 75.64 Against Dollar

Rupee Vs Dollar Rate: Sustained foreign fund inflows, rising domestic equities and easing oil rates lifted investors' confidence in the forex markets, according to analysts.

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India's Crude Processing Picks Up 7.3% In May On Easing Restrictions

Indian Oil Corporation, the country's top refiner, aims to operate its plants at about 90 per cent capacity in June.

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Sensex, Nifty Gain 1% Amid Buying Across Sectors

Buying across sectors, led by financial, consumer goods and metal stocks, supported the markets.

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Rupee Gains By 37 Paise To Return To 75 Levels Against Dollar

Rupee Vs Dollar Rate: The rupee moved in a range of 75.65-75.89 during the four-hour session, having started the day stronger at 75.85 compared to its previous close of 76.02.

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Sensex, Nifty Gain 1% Amid Buying Across Sectors

Buying across sectors, led by financial, consumer goods and metal stocks, supported the markets.

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Rupee Rises By 16 Paise To Touch 75.87 Mark Against Dollar

The rupee opened strong at 75.86 against the US dollar. However, it soon edged marginally lower to quote 75.87 against the US dollar, a rise of 16 paise over its previous close.

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Larsen & Toubro Unit Wins Over Rs 2,500-Crore Contracts, Shares Jump

Larsen & Toubro (L&T shares jumped as much as 4.67 per cent to Rs 949.60 apiece on the BSE after the announcement.

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Larsen & Toubro Unit Wins Over Rs 2,500-Crore Contracts, Shares Jump

Larsen & Toubro (L&T shares jumped as much as 4.67 per cent to Rs 949.60 apiece on the BSE after the announcement.

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Sensex, Nifty Rise Around 1%, Led By Financials, Pharma

Domestic stock markets gained strength in mid-morning trading on Tuesday, amid bouts of choppiness, a day after benchmark index Nifty 50 settled at a three-month peak.

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Monday, June 22, 2020

Sensex, Nifty Rise Around 1%, Led By Financials, Pharma

Unemployment Rate At Pre-Lockdown Level In Week To June 21: Think-Tank

Earlier, the rate had spiked to 27.1 per cent in the week ended May 3, compared to 8.75 per cent in March.

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Unemployment Rate At Pre-Lockdown Level In Week To June 21: Think-Tank

Earlier, the rate had spiked to 27.1 per cent in the week ended May 3, compared to 8.75 per cent in March.

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Sensex, Nifty Flat As Markets Erase Day's Gains

At 9:52 am, the Sensex traded 17.47 points - or 0.05 per cent - lower at 34,893.85, while the Nifty was up 8.20 points - or 0.08 per cent - at 10,319.40.

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Sensex, Nifty Flat As Markets Erase Day's Gains

Asian stocks have rallied hard since hitting a low in March amid worries about the jolt to the global economy from the coronavirus-driven shutdowns.

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Sensex Rises Over 150 Points As Banking, Metal Stocks Lead Gains

Reliance Industries To Conduct Virtual Annual General Meeting On July 15

Reliance Industries has fixed July 8, 2020, as the cut-off date for members eligible to vote on the resolutions set out in the notice of the AGM and to attend the AGM.

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Sensex Rises Over 150 Points As Banking, Metal Stocks Lead Gains

At 9:26 am, the Sensex traded 167.34 points - or 0.48 per cent - higher at 35,078.66, while the Nifty was up 60.65 points - or 0.59 per cent - at 10,371.85.

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Reliance Industries To Conduct Virtual Annual General Meeting On July 15

Petrol, Diesel Rates Raised By Over Rs 9 Per Litre In 17 Days

While the price of petrol was revised to Rs 79.76 per litre in the national capital, the diesel rate was increased to Rs 79.40 per litre, according to Indian Oil.

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Sensex, Nifty Likely To Open Mildly Higher

At 7:30 am, the Nifty futures were trading at 10,330, higher by 25 points or 0.2 per cent, on the Singapore Stock Exchange.

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Petrol, Diesel Rates Raised By Over Rs 9 Per Litre In 17 Days

Sensex, Nifty Likely To Open Mildly Higher

At 7:30 am, the Nifty futures were trading at 10,330, higher by 25 points or 0.2 per cent, on the Singapore Stock Exchange.

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Sensex, Nifty End At Over Three-Month Highs Led By Metal, Banking Shares

All sector gauges barring the Nifty IT index were ended higher led by gains in Nifty PSU Bank index's nearly 4 per cent gain.

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Fitch Revises Outlook On Bharti Airtel, Adani Transmission To "Negative"

Fitch attributed both the downgrades to revision of its outlook India's sovereign rating

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Sensex, Nifty Extend Gains To Third Day In A Row Led By Pharma Stocks

The Nifty Pharma index - which gauges the performance of 10 major drug makers in the country - surged as much as 2.89 per cent.

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Rupee Rises To 76.02 As Equities Extend Gains, Dollar Weakens

Rupee Vs Dollar Rate: The rupee moved in a range of 76.11-76.26 during the four-hour session, having started the day unchanged from its previous close.

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Rupee Rises To 76.02 As Equities Extend Gains, Dollar Weakens

Sensex, Nifty Surge To Over Three-Month Highs Led By Banks

All sector gauges barring the Nifty IT index were trading higher led by gains in Nifty PSU Bank index's over 4 per cent gain.

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Sensex, Nifty Surge To Over Three-Month Highs Led By Banks

All sector gauges barring the Nifty IT index were trading higher led by gains in Nifty PSU Bank index's over 4 per cent gain.

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Fitch Revises Outlook On SBI, ICICI Bank, Other Lenders To "Negative"

Fitch, however, affirmed the banks' issuer default ratings, support ratings and support rating floors.

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Fitch Revises Outlook On SBI, ICICI Bank, Other Lenders To "Negative"

Fitch, however, affirmed the banks' issuer default ratings, support ratings and support rating floors.

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Glenmark Shares Surge Over 35% On Regulatory Approval For COVID-19 Drug

Favipiravir being manufactured by Glenmark will be marketed by the name of Fabiflu and will be available in strength of 200 milligrams.

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Reliance Industries Hits Record High, Market Value At Rs 11.44 Lakh Crore

Billionaire Mukesh Ambani-led Reliance Industries' shares soared to a new record high on Monday, rising for the third day in a row. With that, Reliance Industries Limited (RIL)'s market capitalisation...

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Sunday, June 21, 2020

Glenmark Shares Surge Over 35% On Regulatory Approval For COVID-19 Drug

Favipiravir being manufactured by Glenmark will be marketed by the name of Fabiflu and will be available in strength of 200 milligrams.

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Reliance Industries Hits Record High, Market Value At Rs 11.44 Lakh Crore

Reliance Industries shares clocked a new record high on Monday.

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Cipla Gets Regulatory Nod To Make COVID-19 Drug, Shares Hit Record High

Cipla shares surged over 9% after it got an approval from DCGI to manufacture and market generic COVID-19 drug Remdesivir.

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Cipla Gets Regulatory Nod To Make COVID-19 Drug, Shares Hit Record High

Cipla shares surged over 9% after it got an approval from DCGI to manufacture and market generic COVID-19 drug Remdesivir.

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Sensex, Nifty Gain 1% As Financial, Pharma Stocks Push Markets Higher

Reliance Industries, ICICI Bank and HDFC together contributed more than 200 points to the gain in Sensex.

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Sensex, Nifty Likely To Open Lower Today

At 8:14 am, the SGX Nifty futures were down 48.45 points - or 0.47 per cent - at 10,198.20.

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Sensex Rises Over 200 Points, Nifty Moves Above 10,300

Widespread concerns about the country's economic growth remain due to the damage caused by the coronavirus pandemic and the nationwide lockdown to curb its spread, say analysts.

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Sensex, Nifty Likely To Open Lower Today

At 8:14 am, the SGX Nifty futures were down 48.45 points - or 0.47 per cent - at 10,198.20.

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Mukesh Ambani Joins Club of World's 10 Richest People, Takes 9th Spot

Bernstein predicted that Jio is likely to capture 48 per cent of India's mobile subscriber market share by 2025.

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Petrol, Diesel Rates Raised By Rs 9 Per Litre In 16 Days

While the price of petrol was revised to Rs 79.56 per litre in the national capital from Rs 79.23 per litre the previous day, the diesel rate was increased to Rs 78.85 per litre from Rs 78.27per...

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Mukesh Ambani Among World's 10 Richest After Flurry Of Investments In Jio

Bernstein predicted that Jio is likely to capture 48 per cent of India's mobile subscriber market share by 2025.

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Petrol, Diesel Rates Raised By Rs 9 Per Litre In 16 Days

Hyderabad-Based Hetero Gets Regulatory Nod To Make Gilead's COVID-19 Drug

Hetero said its generic version of US-based Gilead Science's Remdesivir will be marketed under brand name Covifor in India.

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Hyderabad-Based Hetero Gets Regulatory Nod To Make Gilead's COVID-19 Drug

Hetero said its generic version of US-based Gilead Science's Remdesivir will be marketed under brand name Covifor in India.

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Centre Gives Rs 65,454-Crore Aid To 42 Crore Under Garib Kalyan Scheme

The government said over 42 crore people have so far received financial assistance of Rs 65,454 crore under the Garib Kalyan Package.

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Fortis Case: Malvinder Singh's Representation On Bail Criteria Rejected

The High Powered Committee said that Malvinder Mohan Singh was at liberty to file a bail application before courts concerned, which shall consider the same on merits in accordance with the law.

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Centre Gives Rs 65,454-Crore Aid To 42 Crore Under Garib Kalyan Scheme

The government said over 42 crore people have so far received financial assistance of Rs 65,454 crore under the Garib Kalyan Package.

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Fortis Case: Malvinder Singh's Representation On Bail Criteria Rejected

Airbus Extends Furloughs For 5,300 Employees To Tackle COVID-19 Fallout

In the United Kingdom, the period of furlough for about 2,200 Airbus workers will start on July 20 and end on Aug. 9, the statement said.

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Latest On Worldwide Spread Of Coronavirus Pandemic

The European Central Bank's chief said the European Union's economy is in a "dramatic fall" due to the coronavirus crisis but EU leaders made little progress towards agreeing a massive stimulus plan.

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Airbus Extends Furloughs For 5,300 Employees To Tackle COVID-19 Fallout

In the United Kingdom, the period of furlough for about 2,200 Airbus workers will start on July 20 and end on Aug. 9, the statement said.

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Latest On Worldwide Spread Of Coronavirus Pandemic

Saturday, June 20, 2020

Diesel Price Hits Record High As Fuel Rates Raised For 15 Days In A Row

In the 15-day period, the price of petrol has been increased by a cumulative Rs 8.88 per litre in the national capiital, and diesel by Rs 7.97 per litre.

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Diesel Price Hits Record High As Fuel Rates Raised For 15 Days In A Row

Google Pay Not A Payment System Operator: RBI To High Court

RBI has told the Delhi High Court that Google Pay is a third party app provider (TPAP) and does not operate any payment systems.

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Google Pay Not A Payment System Operator: RBI To High Court

RBI has told the Delhi High Court that Google Pay is a third party app provider (TPAP) and does not operate any payment systems.

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Foreign Investment Restrictions Proposed In Pension Funds Amid China Standoff

The changes have been proposed in accordance with Department for Promotion of Industry and Internal Trade (DPIIT) guidelines issued in April.

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Foreign Investment Restrictions Proposed In Pension Funds Amid China Standoff

The changes have been proposed in accordance with Department for Promotion of Industry and Internal Trade (DPIIT) guidelines issued in April.

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Friday, June 19, 2020

May Crude Oil Imports Post Biggest Decline Since 2005 Amid COVID-19

Crude oil imports fell to 14.61 million tonnes, its lowest since 2015, Petroleum Planning and Analysis Cell data showed on Friday.

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Amazon Signals Entry Into Alcohol Delivery In West Bengal: Report

Amazon's interest in delivering alcohol in West Bengal marks a bold move to make inroads into a market that is worth $27.2 billion.

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Petrol, Diesel Prices Increased For Fourteenth Day In A Row

The price of petrol was increased by 51 paise per litre in Delhi, and diesel by 61 paise per litre, compared to the previous day.

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May Crude Oil Imports Post Biggest Decline Since 2005 Amid COVID-19

Crude oil imports fell to 14.61 million tonnes, its lowest since 2015, Petroleum Planning and Analysis Cell data showed on Friday.

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Amazon Signals Entry Into Alcohol Delivery In West Bengal: Report

Amazon's interest in delivering alcohol in West Bengal marks a bold move to make inroads into a market that is worth $27.2 billion.

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Petrol, Diesel Prices Increased For Fourteenth Day In A Row

The price of petrol was increased by 51 paise per litre in Delhi, and diesel by 61 paise per litre, compared to the previous day.

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RIL Market Value Tops Over Rs 11 lakh Crore On Becoming Debt Free

Shares of Reliance Industries surged as much as 8 per cent to hit fresh record high of Rs 1,788.60 on the BSE after the company became net debt free.

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India's Electricity Output Falls Steeply In First Half Of June: Report

Electricity use by industrial states of Maharashtra and Gujarat - the top electricity consuming states in the country - fell over 24 per cent each.

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Indian House Prices To Fall For First Time In At Least A Decade: Poll

The country's property market was being hobbled by a cash crunch even before the coronavirus outbreak, which has already infected more than 3,50,000 in the world's second most populous country.

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India's Electricity Output Falls Steeply In First Half Of June: Report

Indian House Prices To Fall For First Time In At Least A Decade: Poll

Here Is How Reliance Industries Raised Rs 1.68 Lakh Crore In 58 days

Reliance Industries is now "in its golden decade", said billionaire Mukesh Ambani as his group became net debt-free, much ahead of its original goal.

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Sensex Rises Over 300 Points; Reliance Industries Hits New Record High

Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Realty index's over 4 per cent gain.

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Here Is How Reliance Industries Raised Rs 1.68 Lakh Crore In 58 days

Sensex Rises Over 300 Points; Reliance Industries Hits New Record High

Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Realty index's over 4 per cent gain.

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ICICI Bank Trims Stake In ICICI Lombard General Insurance To 52%

The share sale is for an approximate total consideration of Rs 2,250 crore.

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Thursday, June 18, 2020

ICICI Bank Divests Nearly 4% Stake In ICICI Lombard General Insurance

The share sale is for an approximate total consideration of Rs 2,250 crore.

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Mukesh Ambani Hits Zero Net-Debt With $15 Billion Jio Flows

Reliance Industries said the Saudi inflow marks the end of Jio's current phase of roping in equity partners.

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Mukesh Ambani Hits Zero Net-Debt With $15 Billion Jio Flows

Reliance Industries said the Saudi inflow marks the end of Jio's current phase of roping in equity partners.

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Reliance Industries Shares Hit Record High As Group Becomes Net Debt-Free

At 10:08 am, Reliance Industries shares traded up 1.55 per cent at Rs 1,681.85 on the BSE, outperforming the S&P BSE Sensex benchmark index which was up0.38 per cent.

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Reliance Industries Shares Hit Record High As Group Becomes Net Debt-Free

Mukesh Ambani Says RIL Net Debt-Free, "Fulfilled Promise Before Schedule"

Reliance Industries is now "in its golden decade", said billionaire Mukesh Ambani as his group became net debt-free, much ahead of its original goal of achieving the status by the end of March 2021....

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Sensex Opens Over 100 Points Higher, Nifty Above 10,100

On the whole, global markets have been sideswiped this week on fresh contagion concerns, prompting some investors to temper their optimism about how quickly the global economy can recover for the...

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Mukesh Ambani Says RIL Net Debt-Free, "Fulfilled Promise Before Schedule"

The chairman of oil-to-telecom conglomerate Reliance Industries said he has "fulfilled promise to shareholders much before schedule".

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Sensex Opens Over 100 Points Higher, Nifty Above 10,100

Sensex, Nifty Likely To Open Lower Today

At 8:34 am, the SGX Nifty futures were down 36.40 points - or 0.36 per cent - at 10,038.30.

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Sensex, Nifty Likely To Open Lower Today

Sensex

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In 13 Days, Petrol, Diesel Rates Hiked By More Than Rs 7 Per Litre

Petrol, Diesel Price Today: In Delhi, the price of petrol was increased by 56 paise per litre and diesel by 63 paise per litre with effect from 6 am.

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In 13 Days, Petrol, Diesel Rates Hiked By More Than Rs 7 Per Litre

Sensex Surges Over 650 Points Led By Gains In Banking Shares

All the 11 sector gauges compiled by the National Stock Exchange were trading higher led by Nifty Bank index's 3.11 per cent surge.

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Sensex, Nifty Close 2% Higher Led By Surge In Financial Stocks

The telecom department told the top court it has decided to withdraw 96 per cent of Rs 4 lakh crore in dues demanded from non-telecom state-run firms.

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Sensex Surges Over 650 Points Led By Gains In Banking Shares

All the 11 sector gauges compiled by the National Stock Exchange were trading higher led by Nifty Bank index's 3.11 per cent surge.

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Sensex Rises Over 350 Points, Nifty Near 10,000; Metal Stocks Outperform

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

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Sensex Rises Over 350 Points, Nifty Near 10,000; Metal Stocks Outperform

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

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Pandemic To Wipe Out Growth In Many Parts Of Asia-Pacific In 2020: Report

Developing Asia, a group of 45 countries in the Asia-Pacific region, is expected to post growth of just 0.1 per cent in 2020, ADB said in a report

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Pandemic To Wipe Out Growth In Many Parts Of Asia-Pacific In 2020: Report

Government Withdraws Telecom Dues Demand From State-Run Companies

Dispute centers around the definition of adjusted gross revenue. Telecom companies pay a percentage of their revenues as license fee to government.

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Government Withdraws Telecom Dues Demand From State-Run Companies

Big Step Taken Today To Make India Self-Reliant In Energy: PM Modi

Prime Minister Narendra Modi on Thursdaykicked off a two-stage electronic auction process to allocate coal blocks for commercial mining. The move was part of the government's Atmabharat Nirbhar...

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Wednesday, June 17, 2020

Big Step Taken Today To Make India Self-Reliant In Energy: PM Modi

Mining is the key source of input for many basic industries like power, steel and aluminium, the Prime Minister said.

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Sensex, Nifty Choppy; Reliance Industries, ITC Gain, HUL, TCS Fall

Investors and traders were on sidelines over escalating border tensions between India and China and a spike in coronavirus cases.

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Sensex, Nifty Choppy; Reliance Industries, ITC Gain, HUL, TCS Fall

Investors and traders were on sidelines over escalating border tensions between India and China and a spike in coronavirus cases.

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Fitch Lowers Outlook On India To "Negative"

The coronavirus pandemic has significantly weakened India's growth outlook for this year and exposed the challenges associated with a high public-debt burden, Fitch said.

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Fitch Lowers Outlook On India To "Negative"

Sensex Falls Over 100 Points Amid Choppy Trade, Nifty Near 9,850

Equities in other Asian markets moved lower with MSCI's broadest index of Asia Pacific shares outside Japan last seen trading 0.10 per cent lower.

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Sensex, Nifty Likely To Open Lower Today

At 8:39 am, the SGX Nifty futures were down 59.85 points - or 0.61 per cent - at 9,790.30.

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Sensex Falls Over 100 Points Amid Choppy Trade, Nifty Near 9,850

India-China Clash Risks Disruption For Firms On Both Sides: Report

India and China, which together account for a population exceeding 2.7 billion, are key markets for each other's firms.

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Sensex, Nifty Likely To Open Lower Today

At 8:39 am, the SGX Nifty futures were down 59.85 points - or 0.61 per cent - at 9,790.30.

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India-China Clash Risks Disruption For Firms On Both Sides: Report

India and China, which together account for a population exceeding 2.7 billion, are key markets for each other's firms.

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Petrol Price Hiked By Rs 6.55/Litre In 12 Days, Diesel By Rs 7.13/Litre

Petrol, Diesel Price Today: In Delhi, the price of petrol was increased by 53 paise per litre and diesel by 64 paise per litre with effect from 6 am.

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Petrol Price Hiked By Rs 6.55/Litre In 12 Days, Diesel By Rs 7.13/Litre

Defence Canteen Orders For Pernod, Diageo Dry Up: Report

The move is seen as part of Prime Minister Narendra Modi's "vocal for local" campaign in which he has called for promotion of indigenous products.

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Rupee Ends Marginally Higher At 76.16 Against Dollar

Rupee Vs Dollar Rate: The rupee moved in a range of 76.11-76.26 during the four-hour session, having started the day unchanged from its previous close of 76.21 against the greenback.

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Rupee Ends Marginally Higher At 76.16 Against Dollar

Sensex Jumps 600 Points From Day's Low As Banking Stocks Lead Recovery

Buying emerged in banking and financial services stocks, which traded listless with a negative bias in morning.

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COVID-19: China-Led Development Bank Okays $750 Million Loan To India

AIIB's total sovereign loans to India that have already been approved amount to $3.06 billion

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Sensex Jumps 600 Points From Day's Low As Banking Stocks Lead Recovery

Buying emerged in banking and financial services stocks, which traded listless with a negative bias in morning.

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COVID-19: China-Led Development Bank Okays $750 Million Loan To India

AIIB's total sovereign loans to India that have already been approved amount to $3.06 billion

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Asian Business Sentiment Plunges To Record Low On Virus Effect: Survey

About 16 per cent of the 93 companies surveyed also said a deepening recession was a key risk for the next six months

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Supreme Court Pulls Up Centre Over Interest Waiver On Deferred Loan EMIs

The Supreme Court asked the government to clarify if banks can charge interest on delayed loan repayments on account of the coronavirus-induced lockdown.

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Asian Business Sentiment Plunges To Record Low On Virus Effect: Survey

About 16 per cent of the 93 companies surveyed also said a deepening recession was a key risk for the next six months

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Top Court Pulls Up Centre Over Waiving Interest During Loan Moratorium

Tuesday, June 16, 2020

Banking Shares Flat Ahead Of Top Court Hearing On Interest Waiver

The 12-scrip Nifty Bank index - which gauges stocks of 12 major lenders in the country - was flat with a negative bias in late morning deals.

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Rupee Near 6-Week Low But Moves Marginally Higher Against Dollar

Rupee Vs Dollar Rate: The rupee moved in a range of 76.14-76.26 during the session, having started the day unchanged from its previous close of 76.21.

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Banking Shares Flat Ahead Of Top Court Hearing On Interest Waiver

Gauge of 12 banking stocks on the National Stock Exchange - Nifty Bank index - was trading on a flat note with a negative bias.

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Rupee Near 6-Week Low But Moves Marginally Higher Against Dollar

Sensex, Nifty Turn Flat Amid Volatile Trade; IT Stocks Jump

At 9:48 am, the Sensex traded 12.33 points - or 0.04 per cent - lower at 33,592.89, while the Nifty was up 6.80 points - or 0.07 per cent - at 9,920.80.

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Sensex, Nifty Turn Flat Amid Volatile Trade; IT Stocks Jump

Sensex Falls Over 250 Points, Nifty Slides Below 9,850; Banks Lead Losses

Asian equity markets took a breather as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery.

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Sensex Opens Over 150 Points Lower, Nifty Below 9,900

Asian equity markets took a breather as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery

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Sensex, Nifty Likely To Open Lower Today

At 8:38 am, the SGX Nifty futures traded 44.05 points - or 0.45 per cent - lower at 9,841.00.

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Petrol Price Hiked By Rs 6.02/Litre In 11 Days, Diesel By Rs 6.49/Litre

Petrol, Diesel Price Today: With effect from 6 am in Delhi, the price of petrol was increased by 55 paise per litre, and diesel by 69 paise per litre.

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Sensex, Nifty Likely To Open Lower Today

At 8:38 am, the SGX Nifty futures traded 44.05 points - or 0.45 per cent - lower at 9,841.00.

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Petrol Price Hiked By Rs 6.02/Litre In 11 Days, Diesel By Rs 6.49/Litre

Sensex Off Day's High As Border Tensions Escalate Between India And China

An Indian army officer and two soldiers were killed in a "violent face-off" on Monday night with Chinese soldiers at Galwan Valley in Ladakh.

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Rupee Erases Day's Gains To End Lower At 76.21 Against Dollar

Rupee Vs Dollar Rate: The rupee moved in a range of 75.84-75.91, having started the session mildly stronger at 75.89 compared to its previous close of 76.03.

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Advance Tax Collection Falls 31% In June Quarter Amid COVID-19 Pandemic

Gross direct tax collection fell 31 per cent to Rs 1,37,825 crore in first quarter of FY21, down from Rs 1,99,755 crore previous year

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Jet Fuel Price Increased Over 16% In Second Hike Within A Fortnight

In Delhi, the price of ATF was increased by Rs 5,494.5 per kilolitre - or 16.3 per cent - to Rs 39,069.87 per kilolitre.

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Jet Fuel Price Increased Over 16% In Second Hike Within A Fortnight

In Delhi, the price of ATF was increased by Rs 5,494.5 per kilolitre - or 16.3 per cent - to Rs 39,069.87 per kilolitre.

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India Ninth Largest Recipient Of FDI In 2019: United Nations Trade Body

In 2019, FDI flows to the region declined 5 per cent to $474 billion, despite gains in South- East Asia, China and India.

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India Ninth Largest Recipient Of FDI In 2019: United Nations Trade Body

In 2019, FDI flows to the region declined 5 per cent to $474 billion, despite gains in South- East Asia, China and India.

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Monday, June 15, 2020

Tata Motors To Shed 1,100 Jobs At Jaguar Land Rover As Virus Hits Earning

Tata Motors raised the cost-cutting target at its luxury unit by 1 billion pounds ($1.26 billion) to ride out the disruptions caused by the coronavirus outbreak.

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Sensex Rises Over 600 Points; Metal, Financial Stocks Lead Gains

Domestic stock markets maintained their strong momentum in mid-morning trading as the formal start of the US central bank's corporate bond purchase programme gave a boost to equities worldwide.

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Tata Motors To Shed 1,100 Jobs At Jaguar Land Rover As Virus Hits Earning

Sensex Rises Over 600 Points; Metal, Financial, FMCG stocks Lead Gains

Rupee Gains By 19 Paise To Return To 75 Levels Against Dollar

Tata Motors Sheds Over 3% On Reporting Loss of Rs 9,894 crore In March Quarter

The automobile major posted a consolidated net loss of Rs 9,894 crore for the fourth quarter ended March 2020 due to weak demand and coronavirus-induced lockdown.

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Tata Motors Sheds Over 3% On Reporting Loss of Rs 9,894 crore In March Quarter

Jet Fuel Price Increased Over 16%, Second Hike This Month

ATF rates were increased across the country. The rates vary from state to state depending on local sales tax.

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Sensex, Nifty Rise Over 2% Tracking Positive Global Cues

The Federal Reserve's corporate bond buying plan to shield the world's largest economy from the fallout from the coronavirus pandemic boosted global investor sentiment.

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Jet Fuel Price Increased Over 16%, Second Hike This Month

ATF rates were increased across the country. The rates vary from state to state depending on local sales tax.

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Sensex, Nifty Rise Over 2% In Early Trade Tracking Positive Global Cues

Petrol, Diesel Become More Expensive For Tenth Day In A Row

Petrol, Diesel Price Today: Indian Oil, Bharat Petroleum and Hindustan Petroleum ownthe majority of retail outlets of petrol and diesel in the country.

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Sensex, Nifty Likely To Open Sharply Higher Today

Domestic stock markets are likely to start Tuesday's session on a positive note amid a rebound in global equities after the Federal Reserve's fresh move to support financial markets.

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Petrol, Diesel Become More Expensive For Tenth Day In A Row

Sensex, Nifty Likely To Open Sharply Higher Today

Crude Oil Slumps Further Amid Prospect Of Resurgence Of Coronavirus

New infections in China, Japan and the United States have increased concerns of a resurgence of the virus

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Aarti Industries Falls On Early Termination Of Contract From A Customer

Aarti Industries had in June 2017 entered into a 10-year contract with a global agrochemical major to supply a high-value agrochemical intermediary.

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Sensex, Nifty Struggle As Banking, Financial Services Shares Drag

Weakness in global markets also dampened investor sentiment. The Sensex fell as much as 857 points and Nifty touched an intraday low of 9,726.35.

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Crude Oil Slumps Further Amid Prospect Of Resurgence Of Coronavirus

New infections in China, Japan and the United States have increased concerns of a resurgence of the virus

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Aarti Industries Falls On Early Termination Of Contract From A Customer

Sweden's Sinch To Buy Indian Company ACL Mobile For $70 Million

The acquisition of ACL is Sinch's third large acquisition over the past few months

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Sweden's Sinch To Buy Indian Company ACL Mobile For $70 Million

The acquisition of ACL is Sinch's third large acquisition over the past few months

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Wholesale Deflation At 3.21% In May Against 1% Inflation In March

Data comes days after government put off the release of headline consumer price inflation numbers for April and May due to inadequate data collection.

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Rupee Drops To 76 Levels Against Dollar Tracking Asian Currencies

Rupee Vs Dollar Rate: The rupee moved in a range of 75.92-76.15 against the US dollar in the first half of the four-hour session.

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Wholesale Deflation At 3.21% In May

The data comes days after the government put off the release of headline consumer price inflation numbers for April and May due to inadequate data collection.

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Rupee Drops To 76 Levels Against Dollar Tracking Asian Currencies

Rupee Vs Dollar Rate: The rupee moved in a range of 75.92-76.15 against the US dollar in the first half of the four-hour session.

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Sunday, June 14, 2020

Sensex Drops Over 600 Points, Nifty Below 9,800; Banking Shares Worst Hit

The Sensex and Nifty extended losses led by declines in banking, financial services, metal and private banking shares.

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Sensex, Nifty Drop 2% As Financial Stocks Weigh On Markets

The government put off the release of headline consumer price inflation numbers for April and May due to inadequate data collection.

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Sensex Drops Over 600 Points, Nifty Below 9,800; Banking Shares Worst Hit

The Sensex and Nifty extended losses led by declines in banking, financial services, metal and private banking shares.

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Sensex, Nifty Drop 2% As Financial Stocks Weigh On Markets

The government put off the release of headline consumer price inflation numbers for April and May due to inadequate data collection.

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SBI Moves To Recover Rs 1,200 Crore From Anil Ambani In Guarantees

Mukesh has bailed his brother out in the past, making a last-minute payment in a case that could have seen Anil imprisoned.

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Sensex, Nifty Drop 1% Tracking Global Markets; Banking Stocks Worst Hit

The government put off the release of headline consumer price inflation numbers for April and May due to inadequate data collection.

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SBI Moves To Recover Rs 1,200 Crore From Anil Ambani In Guarantees

Mukesh has bailed his brother out in the past, making a last-minute payment in a case that could have seen Anil imprisoned.

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Sensex, Nifty Drop 1% Tracking Global Markets; Banking Stocks Worst Hit

The government put off the release of headline consumer price inflation numbers for April and May due to inadequate data collection.

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Sensex, Nifty Likely To Open Lower Today Tracking Global Markets

At 8:04 am, the SGX Nifty futures traded 79.50 points - or 0.80 per cent - lower at 9,862.50.

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Petrol, Diesel Prices Increased For Ninth Day In A Row

Petrol, Diesel Rates: Indian Oil, Bharat Petroleum and Hindustan Petroleum own about 90 per cent of retail petrol and diesel outlets in the country.

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Sensex, Nifty Likely To Open Lower Today Tracking Global Markets

At 8:04 am, the SGX Nifty futures traded 79.50 points - or 0.80 per cent - lower at 9,862.50.

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Petrol, Diesel Prices Increased For Ninth Day In A Row

TPG, L Catterton To Invest Rs 6,440 Crore In Jio Platforms

The Jio Platforms deals, along with a $7 billion share sale, will help Reliance Industries meet its target of paying off $21.4 billion of net debt by the end of the year, according to the company.

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TPG, L Catterton To Invest Rs 6,440 Crore In Jio Platforms

Saturday, June 13, 2020

Petrol, Diesel Prices Hiked For Eighth Day In A Row

Petrol, Diesel Rates: Prices of petrol was increased by 62 paise per litre and diesel by 64 paise per litre in Delhi

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10 Deals That Helped Jio Raise Rs 1.04 Lakh Crore Within 8 Weeks

The deals will help Reliance Industries eliminate its net debt by the end of the current financial year, a goal set by its chairman Mukesh Ambani.

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Petrol, Diesel Prices Hiked For Eighth Day In A Row

Petrol, Diesel Rates: Prices of petrol was increased by 62 paise per litre and diesel by 64 paise per litre in Delhi

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10 Deals That Helped Jio Raise Rs 1.04 Lakh Crore Within 8 Weeks

US-Based L Catterton To Buy Rs 1,895-Crore Stake In Jio Platforms

The announcement came hours after the conglomerate said US-based TPG will take a 0.93 per cent stake in Jio Platforms for Rs 4,546.80 crore.

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US-based L Catterton To Buy Rs 1,895-Crore Stake In Jio Platforms

The announcement came hours after the conglomerate said US-based TPG will take a 0.93 per cent stake in Jio Platforms for Rs 4,546.80 crore.

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US-Based TPG To Buy 0.9% Stake In Jio Platforms For Rs 4,547 Crore

Reliance Industries has sold a total 21.99 per cent stake in its digital services arm Jio Platforms for Rs 1.02 lakh crore since April 22.

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US-Based TPG To Buy 0.9% Stake In Jio Platforms For Rs 4,547 Crore

Reliance Industries has sold a total 21.99 per cent stake in its digital services arm Jio Platforms for Rs 1.02 lakh crore since April 22.

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Zydus Cadila To Make Gilead's Potential COVID-19 Drug Remdesivir

Remdesivir, intravenously administered in hospitals, has already been approved for emergency use in severely-ill patients in the United States, India and South Korea.

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Zydus Cadila To Make Gilead's Potential COVID-19 Drug Remdesivir

Friday, June 12, 2020

Global Coffee Stocks To Reach 6-Year Peak As Production Grows

The USDA said it has considered the impacts of the new coronavirus pandemic when projecting the numbers.

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Government Restricts Tyre Imports

In April, the country's trade deficit - which occurs when imports exceed exports - narrowed to $6.76 billion from $15.33 billion in the corresponding period a year ago.

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Global Coffee Stocks To Reach 6-Year Peak On Rising Output

The USDA forecasts global coffee production will peak at a record of 176.1 million bags, up 9.1 million bags from 2019-20.

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Government Restricts Tyre Imports

Petrol, Diesel Prices Hiked For Seventh Day In A Row

Petrol, Diesel Rates: Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation ownabout 90% of retail fuel outlets in the country.

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Petrol, Diesel Prices Hiked For Seventh Straight Day

Netflix In Talks To Source Indian Content From Viacom18: Report

Under the partnership, the Reliance affiliate would create shows for Netflix to help the US firm expand offerings in India

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Top Court Asks RBI, Centre To Discuss Interest On Deferred Loan EMIs

Top court said the question is not of waiver of complete interest for entire moratorium period but it is limited only to interest charged on interest.

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Top Court Asks RBI, Finance Ministry To Hold Meet On Waiving Interest During Moratorium

Finance Minister Nirmala Sitharaman To Address Media Shortly

GST Council Meeting: This is the first meeting of the GST Council since the government imposed a nationwide lockdown to curb the spread of the coronavirus pandemic.

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Finance Minister Nirmala Sitharaman To Address Media Shortly

HDFC Cuts Lending Rates By 0.2%, Home Loans Cheaper From Today

The new rates will now range between 7.65-7.95 per cent

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HDFC Cuts Lending Rates By 0.2%, Home Loans Cheaper From Today

The new rates will now range between 7.65-7.95 per cent

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Thursday, June 11, 2020

Sensex, Nifty Down 1% As Rising COVID-19 Cases Spook Global Markets

Domestic stock markets registered sharp losses in early trade on Friday amid rising cases of the COVID-19 disease, as global equities tumbled over growing concerns that a resurgence of infections...

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SBI Life To Divest 2.1% Promoter Stakes To Comply With Shareholding Norms

The sale will take place during trading hours on 12 June and that the floor rice for each equity share would be Rs 725 apiece

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Rupee Slides Below 76 Mark Against Dollar Amid COVID-19 Fears

The rupee moved in a range of 75.95-76.10 in the first half of the four-hour session, soon returning to 75 levels against the greenback after starting the day at the weakest level of the day.

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Sensex, Nifty Down 1% As Rising COVID-19 Cases Spook Global Markets

SBI Life To Divest 2.1% Promoter Stakes To Comply With Shareholding Norms

The sale will take place during trading hours on 12 June and that the floor rice for each equity share would be Rs 725 apiece

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Rupee Slides Below 76 Mark Against Dollar Amid COVID-19 Fears

Zuckerberg's Former Aide Chris Cox Returns To Facebook As Product Head

Cox dropped out of a graduate program at Stanford University to join Facebook in 2005

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Credit Market's Big Worry After Bankruptcy Law Paused Over Virus Crisis

Credit investors are concerned that some weaker borrowers may use the temporary suspension of insolvency laws to delay payment

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Zuckerberg's Former Aide Chris Cox Returns To Facebook As Product Head

Cox dropped out of a graduate program at Stanford University to join Facebook in 2005

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Credit Market's Big Worry After Bankruptcy Law Paused Over Virus Crisis

Credit investors are concerned that some weaker borrowers may use the temporary suspension of insolvency laws to delay payment

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Sensex, Nifty Fall 2% Tracking Global Markets As COVID-19 Fears Resurface

Domestic stock markets trimmed early losses after plunging more than 3 per cent on Friday tracking global equities, which tumbled over growing concerns that a resurgence of coronavirus infections...

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Sensex, Nifty Fall 2% Tracking Global Markets As COVID-19 Fears Resurface

Petrol, Diesel Prices Hiked For Sixth Straight Day

Petrol, Diesel Rates: Fuel retailing in the country is dominated by state refiners - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation.

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Petrol, Diesel Prices Hiked For Sixth Straight Day

Sensex, Nifty Likely To Open Sharply Lower Today

Equities in other Asian markets followed Wall Street, which saw its worst day since mid-March.

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Sensex, Nifty Likely To Open Sharply Lower Today

Equities in other Asian markets followed Wall Street, which saw its worst day since mid-March.

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Top Court Slams Telecom Department Over Public Sector Companies' Dues

The Supreme Court asked the government how it used its judgement on the AGR matter to devise the formula to raise demand from the public sector companies when the judgement did not deal with the...

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Sensex Falls Over 450 Points, Nifty Breaks Below 10,000 As Banks Drag

All the 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Bankex index's over 1.5 per cent fall.

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Sensex Falls Over 450 Points, Nifty Breaks Below 10,000 As Banks Drag

All the 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Bankex index's over 1.5 per cent fall.

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Gold Gains On Bets For Economic Support From US Central Bank

Large stimulus measures tend to support gold, which is often considered a hedge against inflation and currency debasement.

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Even With $500 Billion Forex Warchest, RBI Won't Let Rupee Climb

The Reserve Bank of India doesn't seem to be in a mood to give the currency a free run even as most of its regional peers have rebounded from the virus-induced selloff.

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Gold Futures Soar Over 1% To Touch Rs 47,200 Per 10 Grams Mark

Gold Rate Today: At 11:26 am, the gold futures contract - for delivery on August 5 - traded up 1.04 per cent (or Rs 484 per 10 grams) at Rs 47,110 per 10 grams.

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Gold Gains On Bets For Economic Support From US Central Bank

Large stimulus measures tend to support gold, which is often considered a hedge against inflation and currency debasement.

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Wednesday, June 10, 2020

Even With $500 Billion Forex Warchest, RBI Won't Let Rupee Climb

Gold Futures Soar Over 1% To Touch Rs 47,200 Per 10 Grams Mark

Gold Eases On Profit-Taking After Best Day In Over A Month

The US central bank repeated its promise of continued extraordinary support, and also flagged the need to keep the key interest rate near zero through at least 2022.

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Rupee Drops To 75.82 As Dollar Off 3-Month Low

The rupee moved in a range of 75.73-75.82 during the four-hour session, having started the day weaker at 75.80 compared to its previous close of 75.59.

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Gold Eases On Profit-Taking After Best Day In Over A Month

Rupee Drops To 75.82 As Dollar Off 3-Month Low

Sensex Hovers At 34,000, Down 250 Points As Financial Stocks Weak

Official data on consumer inflation will be released at 5:30 pm on Friday

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Sensex Hovers At 34,000, Down 250 Points As Financial Stocks Weak

Official data on consumer inflation will be released at 5:30 pm on Friday

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Sensex Drops Over 200 Points; Financial, Pharma Stocks Worst Hit

Analysts awaited macroeconomic data due this week for more clarity on monetary policy going forward.

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Sensex Drops Over 200 Points; Financial, Pharma Stocks Worst Hit

Analysts awaited macroeconomic data due this week for more clarity on monetary policy going forward.

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Petrol, Diesel Prices Hiked For Fifth Day In A Row

Indian Economy To Grow 9.5% In Next Fiscal Year: Fitch Ratings

The Indian economy is likely to bounce back with a sharp growth rate of 9.5 per cent next year if it manages to avoid further deterioration in the financial sector, Fitch Ratings said.

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Sensex, Nifty Likely To Open Lower

The Indian markets are likely to open in the negative, in line with Asian counterparts, after a gloomy economic projections from the US Federal Reserve dragged the Wall Street lower by around a per...

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Petrol, Diesel Prices Hiked For Fifth Day In A Row

Indian Economy To Witnesss Growth Of 9.5% In Next Fiscal, Says Fitch Ratings

Sensex, Nifty Likely To Open Weak

Sensex, Nifty Close 1% Higher

The S&P BSE Sensex index rose as much as 1.16 per cent - or 393.48 points - to touch 34,350.17 during the session.

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Singapore Replaces US As India's Top market For Engineering Exports

India's engineering exports to Singapore have risen 95 per cent in the last one year

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Singapore Replaces US As India's Top market For Engineering Exports

India's engineering exports to Singapore have risen 95 per cent in the last one year

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Parle-G Saw Record Sales During Coronavirus Lockdown

Biscuit maker Parle Products recorded a surge, the best in eight decades, in the sale of Parle-G biscuits as people worked from home and stocked up on biscuits.

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Parle-G Saw Record Sales During Coronavirus Lockdown

Supreme Court Asks Banks To Restructure Loans Given To Amrapali Homebuyers

Supreme Court directed banks to restructure loans given to Amrapali home buyers which were declared as non-performing assets

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Supreme Court Asks Banks To Restructure Loans Given To Amrapali Homebuyers

Supreme Court directed banks to restructure loans given to Amrapali home buyers which were declared as non-performing assets

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Adani Green To Invest Rs 45,000 Crore To Build Mega Solar Project

The project takes Adani Green closer to its goal of becoming the world's largest renewable power company by the year 2,025.

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Tuesday, June 9, 2020

Adani Green To Invest Rs 45,000 Crore To Build World's Largest Solar Project

The project takes Adani Green closer to its goal of becoming the world's largest renewable power company by 2025,

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Sensex, Nifty Remain Firm As Financial Stocks Lead Gains

At 11:24 am, the Sensex traded 147.95 points - or 0.45 per cent - higher at 34,109.64,while the Nifty was up 39.50 points - or 0.40per cent - at 10,099.15.

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These BSE Derivatives Contracts To Have A Monday Expiry, Not Thursday

BSE will introduce a liquidity enhancement scheme in the equity derivatives segment for the S&P BSE Sensex 50 index with effect from July 1.

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Sensex, Nifty Remain Firm As Financial Stocks Lead Gains

These BSE Derivatives Contracts To Have A Monday Expiry, Not Thursday

BSE will introduce a liquidity enhancement scheme in the equity derivatives segment for the S&P BSE Sensex 50 index with effect from July 1.

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Sensex Rises Over 200 Points; Financial, Pharma Stocks Lead Gains

HDFC, Reliance Industries and HDFC Bank were the biggest contributors to the gain in Sensex.

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Petrol, Diesel Prices Hiked For Fourth Day In A Row

Petrol and diesel prices were hiked for a third straight day in metros on Wednesday, as state-owned oil marketing companies reverted to the normal practice of daily price revisions after a gap of 83...

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Petrol, Diesel Prices Hiked For Fourth Straight Day

Petrol and diesel prices were hiked for a fourth straight day in metros on Wednesday, as state-owned oil marketing companies reverted to the normal practice of daily price revisions after a gap of 83...

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