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Economy
RBI approves executive committee to oversee IndusInd Bank operations
New Delhi: The Reserve Bank of India (RBI) has approved the constitution of an interim committee to oversee the operations of IndusInd Bank, which will discharge the duties, roles and responsibilities of the chief executive officer (CEO)…
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Indian stock market opens flat amid geo-political tensions
Mumbai: The domestic benchmark indices opened flat on Wednesday amid mixed global cues and geo-political tensions, as selling was seen in the PSU bank and financial service sectors in the early trade.
At around 9.32 am, Sensex was…
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Looking forward to tangible outcomes of our shared vision: Piyush Goyal in UK
New Delhi: Union Commerce and Industry Minister Piyush Goyal has said there is bright future ahead for the India-UK partnership, and he looks forward to tangible outcomes of their shared vision.
The Commerce Minister is on a five-day…
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NPCI directs banks to limit ‘check transaction’ API usage to avoid UPI outage
New Delhi: In the wake of the mega unified payments interface (UPI) outage earlier this month, the National Payments Corporation of India (NPCI) has asked banks to ensure that all the API requests (traffic) sent to UPI is monitored and…
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India’s gold demand crosses 800 tonnes in 2024: Report
Mumbai: India's gold demand surged past 800 tonnes in 2024, driven by a rise in jewellery consumption and increased investments in gold exchange traded funds (ETFs), according to a new report released on Tuesday.
The report by Zerodha…
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Gold shines on Akshaya Tritiya: Prices up by over 30 pc in a year
New Delhi: Gold has continued to shine bright for investors, delivering a return of over 30 per cent since last year's Akshaya Tritiya, according to brokerage firm Ventura.
As the festival approaches this Wednesday, the price of 24-carat…
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RBI’s move to inject liquidity seen as a positive for bond prices
Mumbai: The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May.
The move is also expected to prop up bond prices, which…
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Indian stock market opens higher, Nifty above 24,400
Mumbai: The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade.
At around 9.25 am, Sensex was trading 409.4 points or…
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Over 38 pc of equity MFs in India outperform respective benchmarks in March
Mumbai: Nearly 38.64 per cent of 298 open-ended equity diversified mutual funds in India outperformed their respective benchmarks in March 2025, a report said on Monday.
The assets under management (AUM) of equity mutual funds --…
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India-Pakistan tensions: History shows Sensex bounced back stronger after every conflict
Mumbai: Even as tensions between India and Pakistan rise once again following the barbaric Pahalgam terror attack, Indian stock markets have showcased resilience every time the two neighbouring nations went into conflict.
While investors…
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