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Sensex Snaps 9-Day Winning Streak, Banking Stocks Drag

Sensex and Nifty erased early gains to end lower today

Sensex and Nifty erased early gains to end lower today, snapping a nine-session winning streak. The Sensex ended 63 points lower at 34,331 while the Nifty settled at 10,526,
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GoAir Offers Domestic Flight Tickets At Rs 1,608. Details Here

GoAir is offering domestic flight tickets starting at Rs 1,608 from Ahmedabad to Mumbai.

GoAir airline is offering domestic flight tickets starting at an all-inclusive price of Rs 1,608 under its 'Low Fare Wednesday' offer, according to the official website of GoAir - goair.in. Customers willing to avail GoAir's
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BSNL Announces New Data and Call Offers. Details Here

BSNL is also offering ADSL wifi modem for Rs 1,250

State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has come up with lucrative offers to attract more customers to its platform amid aggressive competition from
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Gold Rate Rises Marginally On Akshaya Tritiya Today: 10 Things To Know

Gold prices have risen by over 9 per cent since the last Akshaya Tritiya

On a day marked with the Akshaya Tritiya festival, gold prices in Delhi rose by a marginal Rs 30 per 10 grams. Gold prices in the national capital rose by Rs 30 to Rs 32,380 per 10 grams at the bullion market, news agency Press Trust of

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Sensex Edges Higher, Rupee Falls To 7-Month Low Against US Dollar

On Tuesday, the Sensex and Nifty ended higher for a ninth straight session

The Sensex and Nifty today edged higher, tracking higher global markets and buying in metal and pharma stocks. The Sensex was up 53 points at 34,448 while
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National Pension System (NPS) Features, Interest Rates Explained

NPS seeks to inculcate the habit of saving for retirement amongst the citizens.

National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme designed to enable the subscribers to make optimum
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Should You Buy Gold On Akshaya Tritiya Today Here's What Experts Say

Akshaya Tritiya 2018: Experts advise small allocation towards gold as hedge towards volatility.

Making fresh investments in gold or other precious metals is considered auspicious on Akshaya Tritiya. But returns from gold in the
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Salil Parekh didn't get much time to settle in after taking over the helm of Infosys Ltd. Since becoming chief executive officer in January, the 53-year-old has crisscrossed three continents to meet with customers and employees to get his hands around the challenges facing India's iconic tech-services giant. He talked with 48 clients in his first
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Jet Airways Offers Up To 30% Discount On Select International Flight Tickets

Jet Airways sale on international flight tickets is valid for travel starting from October 2018.

Jet Airways is offering up to 30 per cent discount on select international flight tickets, the company said on Tuesday. The
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AirAsia Offers Big Discounts On Flight Tickets. Details Here

The travel period of AirAsia India's offer ends on October 31

AirAsia is offering up to 60 per cent discount on base fares of all international flight tickets under a promotional sale offer. An additional discount of up to 20 per
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Gold Prices Slip Today Amid Positive US Data

Gold price today: Positive US macro data weighed on the prices of the precious metal.

Gold prices slipped early Wednesday while the dollar held its gains on the back of upbeat March US housing starts and industrial production
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RBI Clarifies There Is No Cash Shortage, Sufficient Money In Cash Chests

Printing of the notes has been ramped up in all the 4 note presses, said RBI

Brushing aside the reports of cash crunch in the ATMs of at least six states, the Reserve Bank of India (RBI) clarified on Tuesday evening that there is no cash shortage. "It has been reported in a section of the media that there is shortage
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Airtel's New Offers: Rs 249 New Plan, Rs 349 Plan, 30GB Free Data Offer

Airtel's Rs 649 postpaid plan offers 50 GBs of 3G/4G with data rollover facility

To offer more benefits to subscribers amid aggressive competition in the telecom sector, Bharti Airtel recently announced a bouquet of offers for
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PF Account Withdrawal: New Rules Announced For Filing Claims

EPF account claims can be submitted both online and offline mode.

EPF or employee provident fund withdrawal claims above Rs 10 lakh don't have to be filed online. Retirement fund body EPFO or Employees' Provident Fund Organisation has recently revised some of its rules related to provident fund claims. The EPFO has nearly six crore subscribers and
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Cane Arrears In India Could Hit $3.8 Billion As Prices Tank

Record output has sent domestic sugar prices down by a quarter in the past year

Mumbai: Cane arrears in India could leap to a record Rs 25,000 crore ($3.8 billion) in 2017-18 as a drop in sugar prices to their lowest level in 28 months made it difficult for mills to pay farmers mandatory cane prices, industry officials told Reuters. The record
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Sensex Set For Longest Winning Run In 10 Years: 10 Updates

The Sensex is set to register its longest winning streak for since early October 2007

The BSE Sensex rose as much as 110 points on Wednesday, supported by gains in FMCG stocks. If the Sensex finishes the session in the green, it would mark the longest winning streak for the 30-scrip BSE index since early

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Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply

The RBI said it had ramped up printing of notes.

India's government and the central bank said on Tuesday they will ensure there is an adequate amount of cash in circulation, following reports that banks' automated teller machines
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Washington: Global growth will keep a steady pace this year and next, buoyed by stronger trade and US fiscal stimulus that will fade by the early 2020s, while increased tariffs could damage market confidence and output, the International Monetary Fund said on Tuesday.

The IMF, in its latest World Economic Outlook, kept its 2018 and 2019 global

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Akshaya Tritiya 2018: Sovereign Gold Bond Scheme Open For Subscription

Akshaya Tritiya 2018: Sovereign Gold Bond Scheme, 2018-19-Series-I is open for subscription.

Today is Akshaya Tritiya and many people consider it auspicious to buy gold on this day. If you don't want to buy gold in physical form,
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Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply

The RBI said it had ramped up printing of notes.

India's government and the central bank said on Tuesday they will ensure there is an adequate amount of cash in circulation, following reports that banks' automated teller machines
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Indian Railways Covered A Long Distance In Its 165 Years Of Existence

In 1954, sleeping accommodation was introduced in 3 Tier coaches of Indian Railways.

On April 16, Indian Railways commemorated its 165th birthday. On April 16, 1853 country's first passenger train ran between BoriBandar and Thane
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Akshaya Tritiya: SBI Offers Discounts, Cashback On Gold Jewellery

Akshaya Tritiya: SBI is offering discount and cashback on gold/diamond jewellery, among others

On the occasion of Akshaya Tritiya 2018, SBI or State Bank of India is offering discounts and cashback on select jewellery brands.
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Kolkata: The National Company Law Tribunal's (NCLT) Kolkata bench on Monday approved Vedanta Ltd's resolution plan for the insolvent Electrosteel Steels Ltd, one of the 12 large corporate defaulters identified by the Reserve Bank of India.

During the insolvency proceedings, the debt-laden company's resolution professional, Dhaivat Anjaria, had

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Rupee (INR) Plunges To Close At 65.64 Against Dollar (USD)

Weakness in the rupee came despite a rally in Sensex and Nifty

The rupee extended its losing run for the second straight day, falling by another 15 paise to end at a near 7-month low of 65.64 against the US dollar amid persistent capital outflows and a fresh ripple of geopolitical tensions. That came a day

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RBI Clarifies No Cash Shortage, Says Printing Of Notes Also Ramped Up

There is sufficient cash in the RBI vaults and currency chests, the central bank said.

The Reserve Bank and the government have assured the public that there is no currency shortage. "Unusually large cash withdrawals" have lead
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CBI Files Case Against 3 Companies' Officials In Rs 621-Crore Fraud

The CBI official said searches were carried out at various places

New Delhi: The CBI on Tuesday said that it had filed a fresh case against the directors of three companies on the charge of cheating a consortium of five banks led by the Punjab and Sindh Bank to the tune of Rs 621 crore. A Central Bureau of Investigation (CBI) official said that a
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Cash Crunch: Government To Raise Printing Of 500 Rupees Notes

Currently around Rs 18 lakh crore worth of currency is in circulation

New Delhi: In a bid to meet the "unusual" currency demand, the government has resolved to raise the printing of Rs 500 notes by five times, Economic Affairs Secretary Subhash Chandra Garg on Tuesday said. "We have taken steps to increase the supply of currency in case the demand
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China's Fosun Joins Race To Buy Cash-Strapped Fortis Healthcare

Fortis received its first takeover bid last month from Manipal

India's cash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to $350 million, making the Chinese conglomerate the fourth suitor
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Geneva: India has followed the European Union and China by demanding compensation from the United States at the World Trade Organization for U.S. steel and aluminium tariffs, documents filed to the WTO showed on Tuesday.Like the EU and China, India said it regarded the US tariffs as "safeguards" under the WTO rules, entitling it to ask for
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Rupee Falls To 7-Month Lows Against US Dollar: 5 Points

Rupee vs dollar: Rupee fell to 65.64 at day's low against the US dollar today

The rupee fell to a nearly 7-month low of 65.65 against the US dollar today - marking its lowest value against the US dollar since September 2017. So far in today's session, the rupee traded between 65.65 and 65.41 against the US

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