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Sensex up 189 pts in early trade on lower CAD, trade gap
Mumbai: BSE Sensex staged a sharp recovery of 189 points to 26,714.26 in early trade today as fresh buying by investors led to widespread gains, driven by lower current account deficit and trade gap for last fiscal.
Besides, a firming…
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Rupee pares early gains, slips 6 paise vs USD to 67.21
Mumbai: The rupee pared its initial gains to depreciate by 6 paise to 67.21 against the American currency in late morning deals following fresh bouts of dollar demand from importers and banks amid lower domestic equities.
The rupee opened…
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Sensex opens 183 points down on profit-booking, Brexit fears
Mumbai: Market benchmark BSE Sensex tanked almost 183 points and the NSE Nifty broke below the crucial 8,200-mark in early trade today due to profit-booking by investors after yesterday's gains amid weak global cues.
The 30-share barometer…
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GST about to happen; retro tax thing of past: Modi
Riyadh: Promising easier business environment for global investors, Prime Minister Narendra Modi today said retrospective taxation has been relegated to history, but he is "not able to do anything" on two pending cases from the previous…
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Flipkart acquires payment firm PhonePe
Bengaluru: Flipkart today announced the acquisition of PhonePe, a city-based mobile payments company co-founded by the e-commerce giant's two former employees.
PhonePe, co-founded by Sameer Nigam and Rahul Chari, is building India's first…
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Sensex begins new fiscal on subdued note, down 124 points
Mumbai: Stock markets today opened on a subdued note on the first trading day of new fiscal 2016-17, with the benchmark BSE Sensex sliding almost 124 points and NSE Nifty slipping below the crucial 7,700-mark in early trade, despite…
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Sensex pops above 25k mark, jumps 145 points on Asian leads
Mumbai: The benchmark BSE Sensex regained the 25,000-mark by surging over 145 points in early session today, mostly driven by widespread buying by investors as well as foreign funds amid firm Asian cues.
The 30-share index surged 145.45…
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Sensex logs third weekly rise, Nifty reclaims 7,600-mark
Mumbai: Stocks: Market logged third weekly rise in a row to hit two months high, as benchmark Sensex gained 234.75 and the broader Nifty garnered 94.15 points on sustained by firm global markets.
The week saw the world central bankers…
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“GST to push India’s economic growth rapidly”
New Delhi: The introduction of Goods and Services Tax (GST) is an important reform which will lead India into next rapid phase of economic growth, said former chairman of 13th Finance Commission Vijay Kelkar.
"The most important reform…
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Sensex down 70 pts in early trade on falling exports
Mumbai: Market benchmark BSE Sensex stretched its losses for the second day today, shedding over 70 points in early trade on sustained selling by investors amid dip in exports.
Besides, a weak trend at other Asian bourses as traders await…
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