Petrol price hiked by Rs 2.21 per litre, diesel Rs 1.79 per litre effective midnight
Uploading Date : 17-12-2016Petrol price was today hiked by Rs 2.21 a litre and diesel by Rs 1.79 per litre, excluding local levies.The price revision was to come into effect yesterday, but was deferred possibly to save the demonetisation-battered government from any blushes in Parliament. The revised rates will be effective from midnight tonight.......
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Wealth management business to grow 17-18 per cent: Sanctum Wealth
Uploading Date : 15-12-2016Despite demonetisation shake-up, wealth management business in India is poised to grow 17-18 per cent each year for the next few years and the next couple of months will be crucial for building people's sentiment towards investment, according to a wealth management firm........
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US Fed raises interest rate by 25 basis points
Uploading Date : 15-12-2016The US Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.........
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NTPC to invest Rs 2,648 cr in developing three coal blocks in Odisha
Uploading Date : 14-12-2016State-run NTPC has lined up investments worth Rs 2648 crore for developing three coal blocks in Odisha. The Maharatna public sector undertaking (PSU) plans to invest Rs 684 crore in the Dulanga coal block, which is linked to its Dariplalli super thermal power project that has the capacity to generate 1,600 Mw of power......
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Make in India, finance in the UK: British-Indian minister
Uploading Date : 14-12-2016The UK wants to make London as India's "destination of choice" for raising offshore finance, an Indian-origin British minister has said. "Prime Minister (Narendra) Modi wants to 'Make in India'. We say: 'Make in India, finance in the UK'," Alok Sharma, minster in charge of Asia, said in an address to the UK India Business Council on the 'Future of the UK-India Relationship' in London.........
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Bank of Baroda in talks to buy Central Bank's housing finance arm
Uploading Date : 13-12-2016Looking to strengthen its position in the home loan segment, Bank of Baroda is in talks to buy a majority stake in Cent Bank Home Finance (CBHFL), the housing finance subsidiary of Central Bank of India, say sources.......
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Now, get interest on exchange of old notes
Uploading Date : 13-12-2016The premium for illegal exchange of old currency notes has collapsed and money changers are proposing to pay interest on old notes provided the owner agrees to lock in the money for a year or more.........
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Car exports gain speed, on track in FY17
Uploading Date : 12-12-2016Prospects of a double-digit growth in the domestic passenger vehicles market in the current financial year look uncertain after demonetisation but a stronger growth story in the export market seems intact. Passenger vehicles (cars, vans and utility vehicles) exports are on track to hit a new record in FY17, as shipments continue to post strong double-digit growth........
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