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    Tripura Gramin Bank posts profit for 7 successive years

    Posting net profit for seven consecutive years, the Tripura Gramin Bank (TGB) is among India's top three out of 46 regional rural banks (RRBs) in terms of profit, business and growth, TGB Chairman Mahendra Mohan Goswami said on Monday."In terms of profit, business and growth, the TGB is among the three leading RRBs in the country.

    • 4 min ago
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    With poll control ending, petrol/diesel prices start their journey northwards

    Just a day after the 2019 Lok Sabha polls came to an end, state-owned oil marketing companies (OMC) on Monday have raised the retail price of petrol and diesel signalling that election induced price moderation for petroleum products has come to an end.On Monday, petrol prices increased by 9 paisa per litre to Rs 71.12 and diesel by a higher 15 paisa per litre to Rs...

    • 4 min ago
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    Economist Piketty to study Kerala model of growth

    Kerala Chief Minister Pinarayi Vijayan on Monday said a nodal officer would be appointed to help eminent economist Thomas Piketty to study the state's model of growth.Vijayan said this after returning from a tour to Europe, where he had a detailed discussion with Piketty."On my visit to the Paris School of Economics, I had a discussion with Piketty and he mentioned a detailed study of...

    • 3 hrs ago
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    Sensex past 39k with 1,000 pts gain

    Indian equity indices traded on a firm note on Monday after most exit polls showed a BJP-led NDA getting a comfortable majority in the now concluded general elections.The Sensex advanced over 1,079 points during the afternoon trade hitting an intra-day high of 39,010.Markets favour a stable governments and until Sunday owing to uncertainty over the general elections, trading was marked by heavy volatility.

    • 8 hrs ago
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    Sensex up 980 pts, VIX drops by 17%

    Indian equity indices opened on a firm note on Monday after most exit polls showed a BJP-led NDA getting a comfortable majority in the now concluded general elections.Markets favour a stable government and until Sunday owing to uncertainty over the general elections, trading was marked by heavy volatility.On Monday, the Indian VIX or the volatility index saw a sharp drop of over 17.55 per cent. The index came...

    • 10 hrs ago
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    BSL ex-CFO Johri allowed to meet mother in hospital

    Bhushan Steel Ltd (BSL)'s former CFO and whole-time Director Nittin Johri was allowed to meet his mother, who is ill and admitted in a hospital in the national capital, by the Delhi High Court on Friday. Justice Sunil Gaur granted permission to Johri to meet his terminally ill mother by visiting the hospital for a few hours in custody so that he can take a decision on whether she has to be...

    • 2 days ago
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    City Union Bank posts Rs 683 cr net profit in 2018-19

    City Union Bank closed last fiscal with a net profit of Rs 682.85 crore, up from Rs 592 crore registered during the previous year, a senior bank official said on Friday.Aiding these results was also the conscious decision of the bank to stay away from corporate, consortium and infrastructure project lending which has helped the bank to avoid the non-performing assets (NPA or bad loans)...

    • 2 days ago
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    32 flights diverted from IGI Airport due to inclement weather

    Inclement weather on Friday disturbed air traffic at the IGI Airport here.Heavy wind conditions disturbed the arrival of scheduled flights in two instances -- from 4.30 p.m. to 5.30 p.m. and from 9 p.m. to 10 p.m. -- on Friday.Overall, 32 flights have been diverted from the IGI Airport.

    • 2 days ago
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    A flyover that took two decades to be completed

    For the residents of north Delhi, Rani Jhansi flyover, which was inaugurated last year, is a classic example of how a government project should not be executed -- with cost overruns and painfully long delays in completion. The flyover is one of the slowest ever constructed, with the project spanning two decades and witnessing a cost escalation of around Rs 600 crore.

    • 2 days ago
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    Modi government dismantled India's economy: Congress

    The Congress on Friday said that the Modi government will be shown the "exit door" by the people of India on account of an atmosphere of "fear, despair, division and economic devastation" and alleged that it had "dismantled" India's economy in five years.Congress leader Randeep Singh Surjewala said that the year-on-year growth of national income has plunged...

    • 2 days ago

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