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BSE Sensex gains over 97 pts in early trade on robust RIL earnings

The benchmark BSE Sensex rose over 97 points in early trade today after sentiments were bolstered on the back of Reliance Industries’ encouraging fourth quarter earnings announced last week. The 30-share index, which had lost 602.34 points in the previous three sessions, recovered by 97.36 points, or 0.34 per cent, at 28,539.46, with stocks of […]

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Petrol price reduced by 80 paise, diesel by Rs 1.30 per litre; effective from Apr 16

India’s state-run oil marketing companies have reduced retail prices for petrol by Rs 0.80 a litre and retail price of diesel by Rs 1.30 a litre responding to lower crude oil prices. New rates will be effective from April 16. As per IOC “Since last price change, trend of international prices of petrol and diesel […]

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BSE Sensex gained 244 pts before RBI meet

Today, The benchmark BSE Sensex gained over 244 points to settle the day at 28,504.46, before RBI’s monetary policy review tomorrow, mainly driven by strong rally in healthcare and realty stocks.Brokers said sustained buying by participants to enlarge their portfolios ahead of the RBI’s bi-monthly policy and appreciating rupee against the dollar buoyed the sentiment.

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PM Modi inaugurates RBI Conference on Financial Inclusion

The Prime Minister, Shri Narendra Modi, today urged the Reserve Bank of India to take the lead in encouraging financial institutions to set concrete targets for financial inclusion over the next 20 years, to help transform the quality of life of the poor. “I come as a representative of the poor, underprivileged, marginalized and tribals; […]

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PM Modi wants RBI to project 20-year road map for financial inclusion

Today, Prime Minister Narendra Modi asked the Reserve Bank of India to prepare a 20-year road map for financial inclusion and nudged banks to be considerate in giving loans to the poor as also while making recoveries from them, especially farmers. “RBI will be completing 100 years in 2035..it will be appropriate for the central […]