Tag: business
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Reliance joins top 100 major companies in the world
(Deepshikha Gautam, Intern Journalist) New Delhi: Reliance Industries, led by billionaire businessman Mukesh Ambani, jumped 10 places to join the top 100 companies in the ‘Fortune Global 500’ list. Fortune magazine released this list on Tuesday. Reliance which operates in sectors such as oils, petrochemical, retail and telecommunications, has been ranked 96th in Fortune’s 2020…
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Gold and Silver Rates Increase
(Deepshikha Gautam, Intern Journalist) New Delhi: Gold and silver prices in India rose further today. October gold futures on MCX rose 0.35 percent to Rs. 55,290 per 10 grams. At the same time, the silver futures of September rose by 1 percent to 72,600 Rs. Per Kg. In the previous session, gold rose by 1…
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Agriculture sector will help in reviving the economy
(Riya Singh, Intern Journalist): The bad phase for the Indian economy has now passed. This has been concluded in a report released on Tuesday by the Finance Ministry. The report said that keeping in view of better monsoon, the agriculture sector could play an important role in reviving the economy affected by Covid-19. The July…
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Improvement in exports
(Riya Singh, Intern Journalist): The country’s exports are showing significant improvement. Commerce and Industry Minister Piyush Goyal said on Tuesday that exports in July have been close to the level of the same month of last year. He said that there are many such signs that show that the state of economic activities in the…
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India-ASEAN trade agreement review
(Riya Singh, Intern Journalist): Union Minister Hardeep Singh Puri said on Tuesday that the commodity trade agreement between India and ASEAN countries needs to be reviewed soon. He said that this would help assess the bilateral trade potential with the ASEAN, a 10-member South-East Asian country organization and find out the sentiments. Trade agreement between…
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Rupee settles 3 paise down at 75.04 against US dollar
(Riya Singh, Intern Journalist): The rupee pared some of its initial losses and settled 3 paise down at 75.04 (provisional) against the US dollar on Tuesday, even as the domestic equity market was trading with significant gains. The rupee opened weak at 75.13 at the interbank forex market, then pared some of its early losses…
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Sensex, Nifty end higher as Reliance, HDFC Bank rally
(Riya Singh, Intern Journalist): Shares closed higher on Tuesday, led by gains in heavyweights Reliance Industries Ltd and HDFC Bank Ltd, while strong US manufacturing data further aided investor sentiment. The NSE Nifty 50 index ended 1.87% higher at 11,095.25, while the S&P BSE Sensex closed up 2.03% at 37,687.91. Shares of private sector lender…
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Jeep India steps into second-hand car sales
The Jeep brand has been in the Indian market for three years now and now the company has entered the second-hand car business with ‘SelectedForYou’. With the new initiative, FCA can buy or exchange old jeep cars, especially Compass SUVs, from India. About 60,000 Jeep Compass SUV customers on the road now have the opportunity…
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Bill passed for laws against discrimination against Uighur Muslims
(Sandhya Jha, Intern Journalist): The US Parliament (House of Representatives) passed a bill to legislate against discrimination against Uighur Muslims in China. Under this law, the responsible officers can be banned. The bill passed by a majority on Wednesday. Voting for the bill was passed by 413 votes in favor, while only one vote was…