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RBI cuts repo rate by 35 basis points to 5.4 pc, reduces growth forecast t
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per cent amid low inflation, faltering economic growth and uncertain global scenario.
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RBI cuts repo rate by 35 basis points to 5.4 pc
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per cent amid low inflation, faltering economic growth and uncertain global scenario.
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JSW Energy Q1 net profit up 6.6 pc to Rs 244 crore, plans to raise Rs 2,50
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra), Aug 6 (ANI): JSW Energy led by billionaire industrialist Sajjan Jindal on Tuesday reported 6.6 per cent rise in its consolidated net profit to Rs 244 crore in the April to June quarter compared to Rs 229 crore in the year-on period.
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PCB and team owners come on board to conduct entire PSL in Pakistan
Updated : 6 years, 7 months ago IST
Karachi (Pakistan), Aug 6 (ANI): Owners of six franchises of the Pakistan Super League (PSL) have come to an arrangement with the Pakistan Cricket Board (PCB) to stage the fifth edition of the tournament in 2020 entirely in Pakistan.
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Equity indices surge ahead of RBI's monetary policy decision, Indiabulls H
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices were in the positive zone on Tuesday, a day before the central bank's monetary policy decision on key interest rates.
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Clothing major Arvind Ltd posts 5 pc top-line growth for Q1 FY20
Updated : 6 years, 7 months ago IST
Ahmedabad (Gujarat) [India], Aug 6 (ANI): Textiles and clothing major Arvind Limited said on Tuesday its overall revenue increase by five per cent to Rs 1,896 crore compared to Q1 of the previous year.
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SRF Ltd Q1 profit jumps 41 pc to Rs 189 crore, to set up Rs 424 crore PTFE
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 6 (ANI): SRF Limited, a chemical-based multi-business entity engaged in the manufacturing of industrial and specialty intermediates, has reported 41 per cent jump in its profit after tax to Rs 189 crore in the first quarter of current fiscal compared to Rs 134 crore in
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Equity indices show marginal gains, Indiabulls Housing Finance up by 5.4 p
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices were in the positive zone with marginal gains during early trading on Tuesday despite weak global cues with the rally led by banking, realty, metal, financial services and pharma stocks.
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Repo rate could touch 5 pc level by March 2020: SBI report
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): The Reserve Bank of India (RBI) may cut repo rate by 25 basis points (bps) in its August 7 policy meet and further reduce it by 50 to 75 bps to achieve the level of less than or equal to 5 per cent by March 2020, according to State Bank of India's r
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Venky's India Q1 net profit declines 13 pc on higher input costs
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): Venky's India said on Monday its net profit during April to June declined by 13 per cent to Rs 61.8 crore from Rs 71.05 crore in the corresponding quarter of the previous fiscal year.
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Sri Lanka Cricket security delegation to visit Pakistan
Updated : 6 years, 7 months ago IST
Lahore [Pakistan], Aug 5 (ANI): A four-member high-powered Sri Lanka Cricket security delegation led by secretary Mohan de Silva will visit Pakistan from August 6 to 9 to inspect and discuss matters related to safety ahead of its cricket team's tour of Pakistan.
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Reliance to buy 87.6 pc stake Google-backed Fynd for Rs 295 crore
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): Mukesh Ambani-led Reliance Industries' subsidiary Reliance Industrial Investments and Holdings Ltd (RIIHL) is investing Rs 295.25 crore in Mumbai-based Fynd as part of its focus on consumer businesses and mobile phone services.
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