Business

New Delhi: Freight rates for nine-tonne load section for select destinations rose by Rs 1,000 in the local truck transport market today on tight position of trucks.Transporters said less availability of trucks against pickup in cargo…
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Mumbai: The BSE Sensex surged over 510 points to trade above the 27,000 level while the Nifty reclaimed the 8,200 mark in the afternoon trade today as funds and retail investors went about creating fresh positions, driven by the…
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Mumbai: The benchmark BSE Sensex rebounded from its six-and-a-half months low in early trade today by climbing 374 points to 26,973.83 on government's decision to refer MAT issue to a high-level committee.Moreover, recovery in rupee…
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Singapore: International Monetary Fund (IMF) today welcomed passage of the long-pending Goods and Services Tax (GST) by the Indian parliament, saying it will lead to long-term sustainable growth in the country."We welcome the introduction…
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Mumbai: Continuing its losing streak for the third straight session, the benchmark Sensex fell by over 146 points in early trade today on sustained offloading by foreign funds and retail investors coupled with weak global cues.The…
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New Delhi: The GST rate will be "much more diluted" than the speculated 27 per cent and the final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said today."I straightaway concede that 27 per cent would be very…
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Mumbai: The rupee slipped from its initial gains and dropped by 15 paise to 63.59 against the greenback in late morning trade on sustained dollar demand from banks and importers amid weak equities.Earlier, the rupee opened higher at 63.34…
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Mumbai: The benchmark BSE Sensex extended losses for the second straight day today by falling over 82 points and Nifty dipped below the 8,300-mark in early trade on sustained selling by funds and retail investors.The 30-share index…
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New Delhi: Gold snapped its three-day losing streak today by surging Rs 220 to trade at Rs 27,220 per 10 gm at the bullion market on positive global cues and increased buying by jewellers to meet wedding season demand.Silver also climbed…
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New Delhi: Government has initiated a large number of reforms in its first year of governance to encourage investments and the country has the potential to grow at 9-10 per cent, Indian Finance Minister Arun Jaitley said."I do believe…
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