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  Stock markets opening bell: Sensex surges 440 points, Nifty over 25,545 in early trade

  September 20, 2024 9:47 IST

  Indian stock markets saw notable movements, with key stocks performing strongly on Friday. The opening bell signifies a positive day for the markets with robust trading volumes across key stocks​.

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  NPS Vatsalya: Just invest Rs 10,000 annually for your child, check how much to earn after 18 years

  September 19, 2024 23:38 IST

  NPS Vatsalya: If parents contribute Rs 10,000 annually to their child's NPS Vatsalya account for 18 years, a fund of Rs 5 lakh will be accumulated at an estimated return of 10%.

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  Bank of England holds interest rate at 5 per cent despite US Fed rate cut | Future UK rate outlook

  September 19, 2024 18:20 IST

  The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%. Inflation concerns in the UK, particularly in the services sector, have driven this cautious approach.

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  Will petrol, diesel prices be slashed amid cheaper crude? Check what Oil Ministry official says

  September 19, 2024 17:39 IST

  A decline in price of crude oil -- which is converted into fuels like petrol and diesel at refineries -- had rekindled hopes for a reduction in petrol and diesel rates that have been on a freeze for over two years now barring a pre-election reduction earlier this year.

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  Banks crucial in driving India’s path to becoming a developed nation: Nirmala Sitharaman

  September 19, 2024 17:27 IST

  Finance Minister Nirmala Sitharaman highlighted the crucial role of banks in India's vision for 2047. She called for enhanced infrastructure development, MSME support, financial inclusion, and digital security while praising the global success of UPI.

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  Sensex, Nifty hit record highs following US Fed rate cut, banks lead the rally | DETAILS

  September 19, 2024 16:23 IST

  Sensex and Nifty hit record highs after the US Fed rate cut, driving optimism in global markets. The BSE Sensex surged 236.57 points, reaching an all-time high of 83,184.80, while the NSE Nifty climbed to 25,415.80. Banking stocks led the rally, reflecting strong investor sentiment.

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  NPS Vatsalya Scheme: How to invest, withdraw money? | Know benefits, eligibility criteria and more

  September 19, 2024 11:29 IST

  NPS Vatsalya Scheme: Through the NPS Vatsalya Yojana, parents can invest on behalf of their children until they reach the age of 18. The primary goal of the scheme is to build a financial corpus for the children over the long term, supporting their future needs and goals.

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  US Fed cuts interest rates by 50 basis points, first reduction since 2020

  September 18, 2024 23:58 IST

  The rate cut ends a 14-month period where rates were held steady. This duration is longer than three of the last six Fed "hold" periods but falls short of the 15-month pause before the 2007-2009 financial crisis.

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  Refund cap for Sahara Group depositors increased to Rs 50,000 from Rs 10,000: Govt

  September 18, 2024 19:54 IST

  The government has so far released Rs 370 crore to more than 4.29 lakh depositors of Sahara Group of Cooperative Societies through the CRCS-Sahara refund portal.

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  Nirmala Sitharaman launches NPS Vatsalya scheme: Know eligibility, application process and more

  September 18, 2024 18:48 IST

  NPS Vatsalya Scheme Overview: Finance Minister Nirmala Sitharaman has introduced the NPS Vatsalya scheme, allowing parents to open pension accounts for their minor children. Aimed at securing long-term financial stability, the scheme converts to a regular NPS account when the child turns 18.

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  Sensex drops 131 points to settle at 82,948, Nifty declines 41 points to 25,377

  September 18, 2024 16:40 IST

  The market faced broad-based selling pressure across sectors, with financial, IT, and energy stocks among the top laggards. However, select FMCG and pharmaceutical stocks showed resilience, offering some support to the market.

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  Reliance Infrastructure reduces standalone external debt, Reliance Power achieves debt-free status

  September 18, 2024 12:15 IST

  Reliance Infra has reduced its standalone external debt, while Reliance Power Limited has settled all its debt. As of June 30, 2024, the net worth of Reliance Power Limited stands at R 11,155 crore on a consolidated basis.

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  Amazon appoints Samir Kumar as India head after Manish Tiwary's exit

  September 18, 2024 10:53 IST

  Manish Tiwary, the India head of Amazon, stepped down from his position last month, ending an eight-year association with the global e-commerce giant.

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  Stock markets open in red: Sensex surges 130 points, Nifty falls 38 points to 25,380 in early trade

  September 18, 2024 11:31 IST

  In early trade, market indices showed varied movements as investors reacted to a mix of domestic and global cues. The Sensex and Nifty opened with moderate fluctuations.

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  Finance Minister Nirmala Sitharaman to launch NPS Vatsalya Scheme for pensioners today

  September 18, 2024 7:08 IST

  NPS Vatsalya Scheme: The Union Finance Minister will also launch an online platform for subscribing to NPS Vatsalya, release of scheme brochure, and distribute Permanent Retirement Account Number (PRAN) cards to new minor subscribers.

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  Windfall tax on crude petroleum slashed to zero by govt, effective from September 18

  September 17, 2024 23:45 IST

  The Indian government has reduced the windfall tax on domestically produced crude oil to zero, effective September 18. Previously set at Rs 1,850 per metric ton, the cut comes amid a drop in global oil prices and could lead to lower petrol and diesel costs.

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  India, UK may hold next round of talks on proposed free trade agreement in October

  September 17, 2024 19:02 IST

  India and the UK are set to hold the next round of talks for their proposed free trade agreement (FTA) in October, aiming to address outstanding issues and finalize the deal, according to a senior official.

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  Sensex closes at record-high, crosses 83,000 for first time, Nifty too scales fresh peak

  September 17, 2024 17:27 IST

  For the first time at closing, Sensex crossed 83,000. It is for the second consecutive day that the Sensex has hit a record high. Meanwhile Nifty also touched an all-time high on Tuesday

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  India’s exports fall by 9.3 per cent in August, imports rise by 3.3 per cent

  September 17, 2024 16:13 IST

  India's exports witnessed a sharp decline of 9.3% in August 2024, falling to USD 34.71 billion compared to the same period last year. The drop reflects challenges faced by the export sector amidst global economic uncertainties.

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  India's wholesale inflation eases to four-month-low at 1.31 per cent in August as oil prices dip

  September 17, 2024 14:28 IST

  The dip in India's wholesale inflation was helped by the fall of Brent crude prices to $75 a barrel from over $92 in April. India's wholesale inflation rate was recorded at 1.31 per cent in August, but the prices of food staples rose sharply in the same month.

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  Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade

  September 17, 2024 10:08 IST

  In the opening bell, the 30-share BSE Sensex fell 90.8 points to 82,897.98. Meanwhile, the Nifty also declined 26.9 points to 25,356.85 points on Tuesday.

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  SEBI reduces bonus shares allotment time to T+2 effective Oct 1: Know its benefits and other details

  September 17, 2024 9:32 IST

  As per a notification by SEBI, it has introduced significant changes to the timeline for crediting and trading such shares. This initiative, aimed at reducing the time taken for bonus shares to become tradable from the record date.

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  On his birthday, PM Modi to give women of THIS state special gift of 'Subhadra Yojana' | DETAILS

  September 17, 2024 7:22 IST

  The BJP had promised before the assembly and parliament elections to bring the Subhadra Yojana. The scheme ended 24 years of BJD rule in Odisha and helped the BJP win 20 out of 21 Lok Sabha seats in the state.

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  Subhadra Yojana to be launched by PM Modi in Odisha tomorrow: Check installment amount, eligibility

  September 16, 2024 17:50 IST

  Subhadra Yojana: As part of the yojana, women beneficiaries in the age group of 21 to 60 are eligible to receive benefits of the scheme and this welfare scheme is expected to transform the lives of over 1 crore women in Odisha.

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  Adani Group rejects fake press releases related to its presence in Kenya, vows to take legal action

  September 16, 2024 15:22 IST

  The Adani Group on Monday vehemently denied fraudulent press releases being circulated, which are related to the conglomerate’s presence in Kenya, adding that it will take legal action against anyone involved in spreading false narratives.

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  Stock markets opening bell: Sensex surges 181 points, Nifty over 25,400 in early trade

  September 16, 2024 9:52 IST

  In the opening bell, the 30-share BSE Sensex climbed 180.92 points to 83,071.86. Meanwhile, the Nifty was also up by 55.1 points to 25,411.60 points.

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  India's forex reserve gained $66 billion in 2024, may cover year of projected imports

  September 15, 2024 15:57 IST

  So far this year's gains exceed India's cumulative foreign exchange rise in 2023. The rise in foreign exchange reserves, which saw a $71 billion dip in 2022, is significant in preventing the effects of global economic headwinds on the domestic economy.

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  Bank holiday on Monday: Will banks remain closed on September 16 for Eid-E-Milad? CHECK HERE

  September 14, 2024 15:58 IST

  Bank holiday on September 16: Several states will observe a bank holiday on Monday, September 16, 2024, due to Eid-E-Milad. Banks in Gujarat, Maharashtra, Karnataka, Tamil Nadu, Uttar Pradesh, Delhi, and more will be closed.