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  RBI proposes automatic replenishment for UPI Lite wallet

  June 07, 2024 15:00 IST

  The Reserve Bank of India (RBI) has proposed a new facility to allow automatic replenishment of UPI Lite wallets to promote small-value digital payments. Currently, UPI Lite has a daily limit of Rs 2,000 and a per-transaction limit of Rs 500.

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  Sensex climbs 254 points to 75,329 in early trade; Nifty up 99 points to 22,920

  June 07, 2024 10:00 IST

  The NSE Nifty index climbed 99.4 points to 22,920.80, continuing its upward trajectory and indicating a robust trading session.

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  RBI keeps repo rate unchanged at 6.5% for eight consecutive time | Key highlights

  June 07, 2024 13:01 IST

  RBI Governor Shaktikanta Das revealed the next set of monetary policies on Friday morning. Earlier, experts anticipated that the RBI will maintain the benchmark interest rate at 6.5%, unchanged since February 2023, due to inflation concerns.

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  Nisaba Godrej resigns from VIP Industries board citing leadership differences

  June 06, 2024 14:57 IST

  Nisaba Godrej, executive chairperson of Godrej Consumer, has resigned from the board of VIP Industries due to differences over leadership accountability and succession planning. Her resignation, effective June 3, 2024, was disclosed in a stock exchange filing.

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  Sensex surges 696 points; Nifty climbs 179 points on PM Modi's third term announcement

  June 06, 2024 10:02 IST

  Stock market: Leading companies saw gains, with NTPC, SBI, ONGC, Coal India, and Power Grid among the top performers, while Britannia, Hindustan Unilever, Cipla, Hindalco, and Nestle India experienced losses.

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  Peru becomes first South American country to adopt UPI technology, signs agreement with NPCI

  June 05, 2024 18:50 IST

  Julio Velarde, Governor of the Central Reserve Bank of Peru calls it a significant step towards strengthening and modernising the Peruvian payments system by expanding access to digital payments.

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  Sensex, Nifty rebound sharply a day after Lok Sabha election results, markets close in green

  June 05, 2024 18:12 IST

  Among Sensex companies, IndusInd Bank jumped over 7 per cent. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Hindustan Unilever, HDFC Bank, Axis Bank and JSW Steel also emerged as big gainers.

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  Hurry up! Just 9 days left to update your Aadhaar details for free | Check step-by-step process here

  June 05, 2024 16:46 IST

  Free Aadhaar update: The Unique Identification Authority of India (UIDAI) is providing a free update facility for Aadhaar cards until June 14. This complimentary service is available only on the My Aadhaar portal.

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  Lok Sabha Election Results: Moody's predict slow fiscal reforms as India returns to coalition era

  June 05, 2024 16:14 IST

  Earlier in fiscal 2023-24, India's real GDP accelerated to 8.2 per cent from 7.0 per cent in the previous year. It is driven by gains in gross fixed capital formation as the government's infrastructure program gained further traction even as private consumption remained subdued.

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  Sensex, Nifty rebound strongly after worst day in four years amid poll verdict easing

  June 05, 2024 11:48 IST

  Benchmark indices Sensex and Nifty showed a strong rebound in early trade on Wednesday following significant losses in the previous session. The BSE Sensex surged 948.83 points to 73,027.88, and the NSE Nifty climbed 247.1 points to 22,131.60, driven by value-buying at lower levels.

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  Investors lose Rs 20 lakh crore in early trade as election race tightens

  June 04, 2024 11:31 IST

  The stock market witnessed a steep selloff, resulting in a massive loss of approximately Rs 20 lakh crore within the first 20 minutes of trading. By 9:35 am, the market capitalisation of BSE-listed companies had dropped to nearly Rs 406 lakh crore from the previous session's Rs 426 lakh crore.

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  Gautam Adani's fortune nears $100 billion after exit polls predict PM Modi win

  June 04, 2024 10:36 IST

  Billionaire Gautam Adani’s net worth neared $100 billion as Indian stock markets surged on Monday following exit polls predicting a third term for Prime Minister Narendra Modi. The Nifty 50 and Sensex indices rose over 3%, with Adani Enterprises shares climbing nearly 6.9%.

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  Lok Sabha elections: Sensex down nearly 6,000 points amid trends of NDA-BJP losing grounds

  June 04, 2024 18:35 IST

  Benchmark indices Sensex and Nifty plummeted in early trade on Tuesday as initial Lok Sabha poll counting showed a mixed trend. The BSE Sensex dropped 1,715.78 points to 74,753, and the NSE Nifty tumbled 539.1 points to 22,724.80.

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  Rs 2000 banknotes: 97.82 per cent returned, Rs 7,755 crore still with public: RBI

  June 03, 2024 19:48 IST

  The RBI reported that 97.82% of Rs 2000 banknotes have returned, with only Rs 7,755 crore still with the public. Withdrawal was announced on May 19, 2023, with significant reduction in circulation since.

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  Record highs ahead of Lok Sabha Results 2024: Sensex soars 2,507 points, Nifty closes at 23,338

  June 03, 2024 17:10 IST

  The Indian stock market witnessed a historic surge as the Sensex and Nifty soared to record highs just one day before the Lok Sabha election results. The Sensex surged by an astounding 2,507 points, closing at 76,469, while the Nifty climbed 733 points to settle at 23,264.

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  After Amul, Mother Dairy hikes milk prices by Rs 2 per litre in Delhi-NCR | Check revised rates

  June 03, 2024 11:46 IST

  The increase in prices of all variants of milk is effective from Monday (June 3) in Delhi-NCR as well as other markets where it has a presence.

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  Sensex up 2,500 points, Nifty jumps over 1,000 points after exit polls predict PM Modi's 'victory'

  June 03, 2024 9:43 IST

  The massive jump of Sensex and Nifty comes amid the predictions of Prime Minister Narendra Modi's return with a huge victory. The early trade on Monday morning witnessed a positive upward trend ahead of the final results of the Lok Sabha elections.

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  Amul hikes milk prices by Rs 2 per litre, new rates effective from today | Check Details

  June 03, 2024 6:44 IST

  Ahead of the Lok Sabha election results, the Gujarat Milk Marketing Federation has announced a price hike for Amul milk, impacting the cost of Amul Gold, Amul Taza, and Amul Shakti by at least Rs 2 per liter, effective from Monday.

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  NHAI hikes toll tax across highways by 5 per cent from June 3

  June 02, 2024 22:20 IST

  There are around 855 user fee plazas on the national highway network on which user fee is levied as per the National Highways Fee (Determination of Rates and Collection) Rules, 2008.

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  Delhi Airport operator DIAL achieves remarkable feat by slashing power consumption by over 50 pc

  June 02, 2024 12:54 IST

  DIAL's energy-saving measures include the integration of green building practices, the use of energy-efficient infrastructure, and ongoing efforts to optimise consumption. Through these, DIAL has successfully brought down electricity consumption per passenger from 5.18 kWh to 2.21 kWh in 2023.

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  GST collection records 10 per cent year-on-year growth to Rs 1.73 lakh crore in May

  June 01, 2024 20:05 IST

  According to Finance Ministry, the gross GST collection in the second month of financial year 2025 registered a n year-on-year growth due to increased revenues from domestic transactions amid slowing of imports.

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  Delhi airport operator DIAL launches awareness campaign on Wildlife Hazard Management

  May 31, 2024 20:13 IST

  DIAL's awareness session in Rangpuri Pahari was organised to address the increasing incidents of bird strikes, especially during the monsoon season. The campaign highlighted the importance of proper waste management and the impact of open waste dumping on aviation safety.

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  India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent

  May 31, 2024 20:27 IST

  India's GDP growth surged to 7.8% in the March quarter, driving the annual growth rate to 8.2%, as per official data. This growth outpaced China's 5.3% in the same period.

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  RBI transfers 1000 tonnes of gold from UK to its vaults in India

  May 31, 2024 17:13 IST

  In the biggest logistical exercise to move huge quantity of gold since 1991, the Reserve Bank of India transfers 1000 tonnes of gold to its vaults in India. The move is guided by the management of overseas gold reserve considering its rise in recent years.

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  Markets rebound in early trade after five days of decline

  May 31, 2024 10:34 IST

  From the Sensex basket, Larsen & Toubro, Mahindra & Mahindra, Bajaj Finance, UltraTech Cement, NTPC, IndusInd Bank, Tata Motors and Titan were the major gainers.

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  'India's Juggernaut': Reliance, Tata named among TIME's 'World's Most Influential Companies'

  May 30, 2024 23:50 IST

  TIME magazine has included Reliance Industries, led by Mukesh Ambani, and Tata Group in its prestigious list of 100 World's Most Influential Companies for 2024. Reliance Industries, termed 'India's Juggernaut' by TIME, marked its second appearance on the list.

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  S&P upgrades India's ratings: What led to this upgrade and what are different types of ratings?

  May 30, 2024 18:31 IST

  S&P Global Ratings has upgraded India's credit rating outlook from stable to positive, citing policy stability, deepening economic reforms, and high infrastructure investment as crucial drivers of sustained long-term growth. The sovereign rating remains at 'BBB-', the lowest investment grade.

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  Market closing bell: Sensex drops 617 points, Nifty below 22,500; Banks outperform

  May 30, 2024 16:47 IST

  The sharp declines in both indices signal investor concerns and potential volatility in the coming days. The downturn affected a broad range of sectors, contributing to the overall market slump.