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Gold hits 26-mth high of Rs 30,885 on Brexit
New Delhi: Gold prices zoomed to 26-month high of Rs 30,885 per ten gram today in the biggest single-day gain of Rs 1,215 since August 2013 as Britain voted to exit the European Union leading to bloodbath in global equity and currency…
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Rajan in ‘Basel huddle’ of central banks as Brexit roils mkts
Basel: RBI Governor Raghuram Rajan and heads of central banks from across the world got into a huddle today in this Swiss town as Britain's vote to exit European Union gave an early morning shock to the financial markets globally.
Rajan,…
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Sensex tanks 948 points as polls show ‘Leave’ ahead in Brexit vote
Mumbai: On frenetic selling in early trade today, market benchmark Sensex nosedived by over 948 points to crack the crucial 27,000-mark, while Nifty broke below the 8,000-level after local media declared that Britain has voted to leave the…
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Sensex in wait-and-watch mode ahead of ‘Brexit’ vote
Mumbai: The benchmark BSE Sensex recovered nearly 48 points in early cautious trade today as participants widened their bets in select stocks, tracking a slightly better trend in other Asian markets just hours before the start of Britain's…
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Sensex recovers 30 pts in cautious early trade
Mumbai: Market benchmark Sensex opened on a cautious note to recover over 30 points in early trade today on fresh buying by investors in select bluechips amid foreign fund inflows.
However, sentiment remained jittery on mixed Asian cues as…
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Sensex down 83 points in early trade on profit-booking
Mumbai: Ignoring positive Asian cues, market benchmark BSE Sensex fell by 83 points in early trade today on profit-booking by investors in recent gainers.
Sentiment remained cautious ahead of the UK referendum on whether to stay in the…
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Rexit effect: Rupee plummets 61 paise vs US dollar
Mumbai: Rupee nosedived by 61 paise to 67.69 against the US dollar in the opening trade today after RBI Governor Raghuram Rajan said no to a second term in the post.
Forex dealers said besides lower opening in the domestic equity market,…
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Sensex opens 178 pts down on Rexit, weak rupee
Mumbai: Market benchmark Sensex plunged over 178 points in early trade today as financial stocks led decline after RBI Governor Raghuram Rajan said no to a second term amid mixed cues from Asian markets.
Moreover, the rupee, which…
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Good monsoon to push GDP growth to 8 pc in FY17: Das
New Delhi: The Finance Ministry expects the country's growth rate to climb to 8 per cent in the current financial year on the back of above normal monsoon.
Economic Affairs Secretary Shaktikanta Das expressed hope that the likely passage…
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Import of pulses under scanner to check black marketing
New Delhi: The import of pulses has come under the scanner of central intelligence agencies to check any black marketing and cartelisation to jack up the prices of the commodity.
The officials of Intelligence Bureau (IB) and Directorate of…
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