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Sensex crashes by 770 points on dismal macro data, Nifty PSU bank down by
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Equity benchmark indices suffered bruising losses on Tuesday in all-round selling led by bank, financial, metal and auto stocks after the government last week reported 5 per cent GDP growth during the first fiscal quarter of April to June.
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SC maintains status quo, extends Chidambaram's CBI custody till Sept 5
Updated : 6 years, 9 months ago IST
New Delhi [India], Sept 3 (ANI): The Supreme Court on Tuesday ordered maintenance of status quo in the INX Media case and directed that the CBI custody of arrested Congress leader and former Union finance minister P Chidambaram be extended till September 5.
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PSU Bank index falls 3.7 pc after merger plan, PNB and Canara Bank stocks
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Shares of public sector banks (PSBs) traded under pressure on Tuesday after the government last week unveiled a mega-plan to merge 10 of them for creating four stronger lenders with countrywide networks and global reach.
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'No likelihood of P Chidambaram absconding, fleeing justice'
Updated : 6 years, 9 months ago IST
New Delhi [India], Sept 2 (ANI): P Chidambaram has always co-operated with the investigating agencies in the INX Media case and will not tamper with or destroy the evidence in the case, states the bail plea of former Union Finance Minister moved by Kapil Sibal and advocate Arshdeep Singh.
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Aircel-Maxis case: P Chidambaram granted approval beyond capacity, benefit
Updated : 6 years, 9 months ago IST
New Delhi [India], Sept 2 (ANI): K M Natraj, Additional Solicitor General, appearing for the ED and CBI in the Aircel-Maxis case, on Monday asserted that P Chidambaram, as finance minister, had granted approval beyond his capacity and benefited certain people and received kickbacks.
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Auto industry downturn worrisome, says SIAM; calls for lowering GST from 2
Updated : 6 years, 9 months ago IST
New Delhi [India], Sep 2 (ANI): The Society of Indian Automobile Manufacturers (SIAM) said on Monday that sales report coming out from various companies for August has been dismal with over 30 per cent erosion of sales for passenger vehicles.
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Pavan Verma criticises Bihar Finance Minister over his comments on econo
Updated : 6 years, 9 months ago IST
New Delhi [India] Sept 2 (ANI): Criticising Bihar Deputy Chief Minister, Sushil Kumar Modi, over his comments on economic slowdown, JDU National Spokesperson and party General Secretary Pavan Verma said his statement appeared to be that of a party apologist and not that of a finance minister
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Auto majors report sliding sales in August amid slowdown
Updated : 6 years, 9 months ago IST
New Delhi [India], Sep 2 (ANI): Sagging consumer sentiment amid economic slowdown has led major automobile manufacturers to report significant declines in sales during August.
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Opposition creating unnecessary noise over cyclic slowdown in economy duri
Updated : 6 years, 9 months ago IST
Patna (Bihar) [India], Sept 2 (ANI): Deputy Chief Minister and Finance Minister of Bihar Sushil Kumar Modi on Sunday said that some opposition parties were trying to create panic in the country over what he claimed to be a recurring "cyclic" slowdown in the economy during months of "saawan-b
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'Stop politicking' over state of country's economy: Priyanka tells Sithara
Updated : 6 years, 9 months ago IST
New Delhi [India], Sept 1 (ANI): Congress general secretary Priyanka Gandhi on Sunday hit out at Finance Minister Nirmala Sitharaman, asking her to stop 'politicking' over the state of the country's economy.
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Sitharaman side-steps Manmohan Singh's remarks on state of economy
Updated : 6 years, 9 months ago IST
Chennai (Tamil Nadu) [India], Sept 1 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday side-stepped a question on former Prime Minister Manmohan Singh's remarks that the government should put aside "vendetta politics" and reach out to all sane voices to steer the country's economy o
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FM allays concerns of job losses over merger of public sector banks
Updated : 6 years, 9 months ago IST
Chennai (Tamil Nadu) [India], Sept 1 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday allayed the concerns of job losses in the wake of the merger of public banks.
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