Thursday , 27 April 2017

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RBI keeps repo rates unchanged

RBI keeps repo rates unchanged

The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.25%  in its monetary policy review on Wednesday, citing inflation concerns after the first quarter of the nex ...

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Rate hopes fuel Budget rally, Sensex hits 4-month high

Rate hopes fuel Budget rally, Sensex hits 4-month high

The gauge had rallied 584.56 points in the previous three sessions after the presentation of the Budget on February 1. The Budget-induced optimism got a leg to stand on as the Sen ...

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Rupee good run continues, gains 4 paise against dollar

Rupee good run continues, gains 4 paise against dollar

The rupee’s good run continued into the 8th straight session on Friday as it firmed up by another 4 paise in early trade to 67.33 against the dollar after the U.S. currency saw hi ...

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‘Don’t underestimate Australia’, Sachin’s message to the Indian team

‘Don’t underestimate Australia’, Sachin’s message to the Indian team

Cricket legend Sachin Tendulkar has picked India as the favourites for the coming Test series against Australia. “The last thing one would like to do is underestimate your opposit ...

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Can print 16 billion notes a year: RBI press

Can print 16 billion notes a year: RBI press

BRBNMPL declined to reply to queries seeking information on the specific number of new ₹500 and ₹2,000 notes that had been printed and circulated. Bharatiya Reserve Bank Note Mudr ...

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Start-ups offer tech to tame the bulls and the bears

Start-ups offer tech to tame the bulls and the bears

India has a population of more than 1.2 billion, but only 2% Indians invest in the equity market. Gagandeep Singh, a 24-year-old engineering graduate in Khanna in Ludhiana, Punjab ...

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Rupee hits over one week low against buoyant US dollar

Rupee hits over one week low against buoyant US dollar

The rupee failed to hold its early gains and ended lower by 5 paise to close at an over one—week low of 68.18 as the dollar gathered strength ahead of the US Presidential inaugura ...

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‘Zero tolerance for acts lowering RBI esteem’

‘Zero tolerance for acts lowering RBI esteem’

Reserve Bank of India (RBI) Governor Urjit Patel said the central bank would not tolerate any act which lowered the esteem of the organisation after some of its employees were arr ...

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Stock markets see consolidation as Budget takes spotlight

Stock markets see consolidation as Budget takes spotlight

Equities showed signs of consolidation after the benchmark Sensex closed at 27,309 on Thursday. Firming global stocks kept the pitch conducive, traders said, with foreign and dome ...

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Rupee gains 5 paise opens at 67.90

Rupee gains 5 paise opens at 67.90

The rupee advanced 5 paise to 67.90 against the US dollar in early session on increased selling of the American currency by exporters and banks. Besides, a higher opening in domes ...

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