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News Global Markets: Stocks Rise On Cautious Brexit Deal Hopes, Oil Extends Losses
Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1%. South Korean shares rose 0.21%, while Japan's Nikkei stock index was up 1.74%. Capping...
- 59 min ago
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News PM Modi Pays Tribute To The 'Missile Man' On His Birth Anniversary
Prime Minister Narendra Modi on Tuesday paid tribute to late former President APJ Abdul Kalam on his 88th birth anniversary and remembered his contributions to the country."My heartfelt tribute to Dr APJ Abdul Kalamji on his anniversary. He dreamt of the India of 21st century, which was capable and then went on to give his exceptional contribution to the goal. His ideal life...
- an hour ago
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News RBI Enhances Withdrawal Limit For PMC Bank Depositors To Rs 40,000
The Reserve Bank of India (RBI) has enhanced the withdrawal limit for depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd to Rs 40,000. On October 3, the RBI had permitted the depositors of the bank to withdraw up to Rs 25,000 of the total balance in their accounts. "The RBI, after reviewing the bank's liquidity position and its ability to pay its...
- 11 hrs ago
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News Govt Promise Of Spectrum Price Reforms Big Relief For Industry: COAI
The government's assurance on undertaking reforms in the spectrum pricing will spell a "big relief" for telecom companies, industry body COAI said on Monday. Cellular Operators' Association of India (COAI) Director General Rajan Mathews told PTI that if there is adequate spectrum and the price is right, "operators will be interested to see if it makes...
- 17 hrs ago
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News Shopmatic Acquires Combinesell To Consolidate Its Leadership Position In E-Commerce Space
The international e-commerce company, Shopmatic has acquired 100 per cent of CombineSell, a Software as a Service (SaaS) platform that automates & simplifies multichannel e-commerce selling by aggregating popular online marketplaces into just a single platform. The acquisition follows Shopmatic's strategy of consolidating its position in a...
- 17 hrs ago
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News ED Seeks Permission To Arrest P Chidambaram In INX Media Case
The Enforcement Directorate (ED) on Monday submitted an additional status report before the Delhi High Court in an alleged money-laundering case filed against Congress leader D K Shivakumar.The court asked the agency to serve a copy of the report to Shivakumar's lawyers. The Congress leader was arrested by the investigating agency last month. He is currently lodged in judicial...
- 18 hrs ago
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News Banks Will Ensure Bill Discounting Facility For MSMEs To Ease Liquidity: Sitharaman
Finance Minister Nirmala Sitharaman said on Monday that public sector banks have sufficient liquidity and efforts are being made to ensure that due payments are released to micro, small and medium enterprises (MSMEs) sector by large corporates. "To ensure liquidity for small businesses, banks have been asked to provide bill discounting facility to the MSME...
- 18 hrs ago
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News IFFCO Slashes Rates Of DAP, NPK Fertilisers By Rs 50 Per Bag
IFFCO, the world's largest processed fertiliser cooperative, has cut prices of its di-ammonium phosphate (DAP) and nitrogen, phosphorus, and potassium (NPK) fertilisers by Rs 50 per bag to reduce input cost for farmers. The international prices of the raw materials have taken a downside route, and hence IFFCO decided to pass on this benefit to farmers by reducing the cost....
- 18 hrs ago
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News Sensex Pares Gains, Ends 87 Points Higher; Nifty Closes At 11,330
Equity benchmark BSE Sensex ended 87 points on Monday led by gains in HDFC Bank, ITC and HUL, amid positive global cues and foreign fund inflow. The benchmark S&P BSE Sensex ended at 38,214.47, up 87 points or 0.23 per cent. During the day, the index hit a high and low of 38,513.69 and 38,066.13. Similarly, the broader NSE Nifty closed 36 points higher, or 0.32 per cent, at...
- 19 hrs ago
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News Equites In Green On Global Cues, Tata Motors Up 4.5%
TATA Motors Equity benchmark indices ruled higher during early hours on Monday following positive sentiment after US President Donald Trump outlined first phase of a deal to end the trade war with China. He suspended a threatened tariff hike last week, though officials on both sides said much more work needs to be done. At 10:15 am, the BSE S&P Sensex was up by 93 points at 38,221 while...
- 19 hrs ago
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