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New Delhi: In a significant decision, the Directorate General of Foreign Trade (DGFT) has eased rules governing Rupee-based export transactions, allowing Indian exporters greater flexibility in invoicing overseas sales and receiving…
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New Delhi: The Indian Rupee today settled at 95.70 per US Dollar after gaining 3 paise. The currency opened at Rs 95.57 in the morning and moved in a narrow range of Rs 95.56-95.72 during the session. The rupee had closed at Rs 95.73…
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New Delhi: India’s core sector growth slowed to 5.4 per cent year-on-year in July from 6 per cent in June despite several mining and infrastructure-linked sectors continuing to register healthy expansion during the month. Iron ore…
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Mumbai: The Securities and Exchange Board of India (Sebi) is planning to roll out a broad trading overhaul aimed at making domestic markets more accessible to global investors. The regulator plans changes over nine months, with measures…
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Mumbai: Indian equity market bounced back today, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak to end at 24,231.85. The 30-share BSE Sensex jumped 628.04 points, or 0.82 per cent, to…
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New Delhi, Aug 20: US-based global investment company KKR is acquiring a minority stake in BookMyShow, the Indian ticketing and live entertainment platform, for an undisclosed amount. The two companies have signed a definitive deal whose…
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New Delhi, Aug 20: Going by the present trend, India’s retail inflation may rise in the coming months, briefly crossing 6 per cent in October and November, according to a report. Subsequently, the retail inflation may ease to around 5…
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New Delhi, Aug 20: In the recent months, Indian banks have raised more than USD 4 billion through international bond markets, with strong investor demand helping several lenders secure tighter pricing than their initial guidance. Among…
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New Delhi, Aug 20: Gold prices in India have regained momentum after correcting in June and remaining broadly stable in July, according to the World Gold Council’s latest gold market update regarding the country. International gold…
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Arun Kumar Das New Delhi, Aug 19: Government today approved four multitracking projects to decongest the existing high density railway routes. The Cabinet Committee on Economic Affairs cleared four projects of the Ministry of…
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