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  Sensex, Nifty touch all-time closing high levels amid strong foreign fund inflows

  September 23, 2024 16:48 IST

  Earlier on Friday, BSE Sensex soared 1,359.51 points, or 1.63 per cent, to an all-time high of 84,544.31. Similarly, Nifty also surged 375.15 points, or 1.48 per cent, to close at a record 25,790.95 on Friday.

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  Will UPI users discontinue service if transaction fee is imposed? Check what survey reveals

  September 23, 2024 14:12 IST

  For the first time, UPI transactions surpassed 100 billion, reaching a total of 131 billion in a single financial year, compared to 84 billion in 2022-23. In terms of value, UPI transactions hit an impressive Rs 199.89 trillion.

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  Stock markets opening bell: Sensex surges 218 points, Nifty over 25,900 amid positive global cues

  September 23, 2024 9:47 IST

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

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  How to enable contactless payments on SBI debit card | Check step-by-step process

  September 23, 2024 7:52 IST

  You can easily enable contactless transactions for your SBI debit card. By activating this feature, you can make quick and secure payments without physically swiping your card. Additionally, you can earn reward points on every purchase.

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  Mutual Funds vs NPS Vatsalya: Which one to choose for your child's better future?

  September 22, 2024 10:07 IST

  Mutual Funds vs NPS Vatsalya: Many parents choose to use both NPS as well as mutual funds depending on their financial goals. Let’s explore which option is best for securing your child’s future.

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  NPS Vatsalya gets positive response: 9,700 minors subscribe to pension scheme on first day

  September 21, 2024 22:05 IST

  Under the NPS Vatsalya scheme, parents can open a pension account for their children and make a minimum annual contribution of Rs 10,000 per annum. After the child is 18 years of age, the account automatically gets converted into a normal NPS account, which the holder can continue.

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  Good news for Noida: New highway coming up soon on this route, travel time will be reduced

  September 20, 2024 23:32 IST

  Noida News Updates: The Noida Authority has proposed to the Principal Secretary of Public Works Department of Uttar Pradesh government to declare this route as National Highway.

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  India’s first 20-coach Vande Bharat Express begins operation: Check schedule, route, ticket fare

  September 20, 2024 22:49 IST

  With this Vande Bharat Express train's operation, passengers between New Delhi and Varanasi can now choose a faster commute between the two cities.

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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.