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Government and oil companies get richer as oil prices go higher
India has always been a land of 'haves and have nots'! India's current BJP government has taken this phrase to a whole new level. By the dint of ever increasing fuel prices levied by the…
Kumar Mangalam Birla sells its retail chain ‘More’ to Samara-Amazon
Samara Capital and Amazon has acquired Aditya Birla Group’s food and grocery retail chain 'More', for an enterprise valuation of around Rs 4500 crore as reported by leading media resources.…
Congress failed to ink the deal between HAL and Dassault: Nirmala Sitharaman
It seems defence minister Nirmala Sitharaman is hell-bent on proving the fact that there was nothing wrong in inking the Rafale deal. Sitharaman said that Hindustan Aeronautics Limited (HAL)…
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China hits back at Trump by levying tariffs on $60bn of US goods
After the United States of America President slapped duties on $200 billion imports on Monday, China hits back by imposing $60 billion worth of American goods. According to the report, China…
Fuel prices rise again, petrol touches Rs 90 per litre in Maharashtra
Fuel prices in India continue to soar with each passing day, and there is no sign of respite for the people around the country as Petrol went up again by 19 paise on September 17 in…
KYC non-compliance: Identification numbers of 21 lakh directors will be deactivated by the…
According to a senior official, the identification numbers of almost 21 lakh directors of various companies will be deactivated by the government of India, as they fail to comply with KYC…
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Trump ‘likely’ to announce new tariffs on $200 billion in Chinese imports
United States of America President Donald Trump is expected to announce a new tariff on about $200 billion in Chinese imports as early as on Monday, a senior administration told Reuters.…
Government announces five measures to stabilise rupee
The government has announced five measures to curb the falling value of rupee. The Prime Minister Narendra Modi had an economic review meeting with Finance Minister Arun Jaitley and they…
Petrol, diesel prices touch new high
Petrol, diesel prices skyrocket, once again! On Saturday, the state-owned oil marketing companies (OMCs) have hiked the prices of hyper sensitive petroleum products like petrol and diesel in…
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Fortis Healthcare: On mother’s advice, Shivinder to withdraw case against brother
Just a week back, Shivinder Singh, co-founder of Fortis Healthcare Ltd. has sued his older brother Malvinder Singh for alleged ‘oppression and mismanagement of wealth’ at their joint…
Stock market update: Sensex races past 300 points, Nifty surges above 11,450
With the advent of Lord Gaesha, market seems to be in a upbeat mode. On the last day of the week, domestic equity indices opened on a positive note. The S&P BSE Sensex raced past 326.74…
Sensex surges 305 points: Nifty zooms above 11,300
The domestic stock markets had a positive opening on Wednesday after swingning vigorously between gains and losses. The broader Nifty50 index of the NSE opened at 11,340.10 and the S&P…