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Axis Bank in talks for tie-up with payments bank
Mumbai: Private sector lender Axis Bank is open to partnering a payments bank and is in talks with a few aspirants for a potential partnership, according to a senior official.
The Reserve Bank came out with final guidelines for Payments…
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Edible oils surge on rising demand, import duty hike
Mumbai, Dec 27 (PTI) Prices of both groundnut oil and refined palmolein surged at the Vashi oils and oilseeds wholesale market here today on rising demand from stockists and retailers due to ensuing festivities.
Besides, they were weighed…
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Pharma in 2014: Deals worth billions and fines worth millions
New Delhi: It's been a year of bitter medicine for Indian pharma companies with fines worth millions of dollars imposed by various foreign regulators, even as they stitched together deals worth billions of dollars, including the high…
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Sensex gains 102 points in early trade
Mumbai: Snapping its two-session losing streak, the benchmark BSE Sensex recovered over 102 points to 27,311 in early trade today as the January series in derivatives segment commenced on fresh buying by participants.
The 30-share index,…
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Rupee up 4 paise against dollar in early trade
Mumbai: The rupee strengthened by four paise to 63.47 against the dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters and banks.
Besides, a higher opening in the…
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Oil prices rise after attacks on Libyan oil terminals
Singapore: Oil prices rose in Asia today as dealers reacted to a surprise Islamist attack on Libya's main oil terminals that left 22 soldiers dead.
US benchmark West Texas Intermediate for February delivery rose 28 cents to USD 56.12 in…
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Gold loses sheen to import curbs; smugglers make hay
Mumbai: Losing its sheen for the second year in a row, gold turned cheaper by over 10 per cent in 2014 as the government tried to divert investors away from this 'unproductive asset', even as import curbs led to a rise in smuggling of the…
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Sensex gains over 6,000 pts; gears for best rally in 5 years
Mumbai: Riding high on the sentiments, the stock market is gearing up for its best performance in five years with a rally of over 6,000 points in the benchmark Sensex in 2014 -- which also saw the investors' wealth hitting Rs 100 trillion…
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Gold steady at Rs 27,000 on scattered buying
New Delhi: Gold prices today held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by retailers.
However, silver recovered by Rs 150 to Rs 36,500 per kg on increased offtake by industrial…
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Oil prices down in Asian trade
Singapore: Oil prices edged lower in thin pre-holiday trade today, but analysts said losses were curbed by upbeat sentiment over a strong US economic growth report.
US benchmark West Texas Intermediate for February delivery fell 34 cents…
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