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Public Sector Banks, Insurance Unions to Strike Work on Sep 2
Chennai, Sep 1: Employees of public sector banks and government-owned non-life insurance companies would go on strike on Wednesday to protest against the anti-trade union and worker policies of the central government, union leaders said on…
RBI to transfer back Rs.1,274.21 crore to Telangana
New Delhi/Hyderabad, Aug 31: The Reserve Bank of India (RBI) is set to transfer back Rs.1,274.21 crore to Telangana with the union finance ministry advising it to reverse the deductions made from the state's principal account as "it was not…
BSE Sensex drops 262 Points in Morning Trade
Mumbai, Sep 1: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Tuesday dropped 261.83 points or one percent during the morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE)…
BSE Sensex provisionally closes 85 Points down
Mumbai, Aug 31: Despite hopes of healthy economic expansion data, the slide in Asian bourses and a weaker rupee dented the Indian equity markets on Monday -- leading to a barometer index provisionally closing 85 points down.
Bearish…
Black Money: Swiss Banks ask Indians to use Compliance Window
New Delhi, Aug 31: Swiss Bank and other European banks have asked Indian customers to avail the ongoing one-time compliance window granted by the tax department for disclosure of foreign assets.
The call has been made in the wake of the…
Govt plans to introduce 2 kg Cooking Gas Cylinders
New Delhi, Aug 30: The government plans to make available 2 kg cooking gas cylinders Petroleum Minister Dharmendra Pradhan said on Sunday while launching the facility of online booking of new cooking gas connections.
"We are now planning…
Chinese yuan strengthens by 93 Basis Points against Dollar
Beijing, Aug 31: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 93 basis points to 6.3893 against the US dollar on Monday, according to the China Foreign Exchange Trading System.
In China's spot…
India’s dependence on Oil Import to reach 90% by 2020
Bengaluru, Aug 28: India's import dependence on oil is likely to touch 90 percent by 2020 due to widening supply-demand gap on growing appetite for the fossil fuel, a joint study said on Friday.
If the trend of importing more oil…
Vodafone India to roll out 4G Services by 2015 end
New Delhi, Aug 28: Vodafone India will launch its 4G services by end of 2015 in "important data markets" including Mumbai, Delhi, Kolkata, Bengaluru and Kochi, a company statement said here on Friday.
In addition, Vodafone India will…
Gold Futures Contract for December delivery falls 0.18 Percent
Chicago, Aug 28: Gold futures went down on the COMEX division of the New York Mercantile Exchange Thursday on positive US economic data.
The most active gold contract for December delivery fell $2, or 0.18 percent, to settle at $1,122.60…