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Economy
Must appreciate Indian retail investors: Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Monday, while responding during Question Hour in the Lok Sabha, said that Indian retail investors should be appreciated.
"We must appreciate the Indian retail investors and their!-->…
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Growth Oriented: RBI’s MPC expected to hold rates
The MPC will review the monetary policy in its meeting during April 6-8.
Accordingly, economists and industry experts cited the MPC's strategic focus on growth as a key consideration to hold on rates.
Nonetheless, the central bank's MPC!-->…
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India’s March manufacturing sector growth weakens: PMI
New Delhi: The growth rate of India's manufacturing sector sequentially slowed in March 2022 due to softer rise in demand.
Accordingly, the seasonally-adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) came in!-->…
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Flipkart Foundation to empower 20 mn Indians in next decade
New Delhi: With an aim to positively impact 20 million lives directly and indirectly in the next decade, the Flipkart Group on Monday launched the Flipkart Foundation that will aim to build an inclusive, equitable and sustainable society!-->…
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Motilal Oswal gives ‘buy’ call for HDFC Bank, pegs target price at Rs 2K
New Delhi: Brokerage house Motilal Oswal Financial Services has given a 'buy' call for HDFC Bank shares due to the bank's strong growth in retail and unsecured loans.
The brokerage kept the target price at Rs 2,000 as against the!-->…
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RBI expected to go for cumulative rate rise of 125bps in fiscal 2023: Morgan Stanley
New Delhi: Morgan Stanley expects the RBI to embark on policy normalisation with a 15-20bps hike in the reverse repo rate to normalise the policy rate corridor in the upcoming MPC meeting.
This is against the backdrop of both domestic!-->…
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HDFC announces merger with HDFC Bank, shares surge
New Delhi: Housing loan major Housing Development Finance Corporation (HDFC) on Monday said its Board has approved merger of its wholly owned subsidiaries HDFC Investments and HDFC Holdings with HDFC Bank.
Upon the merger scheme!-->…
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Indices extend gains on HDFC merger deal; Sensex up over 1,400 pts
New Delhi: India's key equity indices -- Sensex and Nifty -- extended their gains from the previous week and gained sharply in early trade on Monday.
The key benchmark indices opened on an upbeat note driven by gains in HDFC and HDFC!-->…
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Petrol, diesel prices hiked for 12th time in 14 days
New Delhi: The State-run oil marketing companies on Monday raised key transport fuel prices for the 12th time in the last 14 days.
Consequently, in the past 14 days, petrol prices have increased by Rs 8.40 per litre in the national!-->…
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Bharat Biotech upgrading facilities as WHO suspends Covaxin supplies
New Delhi/Hyderabad- After the World Health Organisation (WHO) suspended the supply of Bharat Biotech's Covaxin vaccine under the United Nations (UN) procurement after an inspection last month, the company has said it is working on!-->…
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