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MUMBAI: Strong buying in a host of bank stocks and Reliance Industries lifted the Sensex by 650 points on Monday to close at 83,277 points. However, nearly a Rs 1,000-crore net selling by foreign funds raised doubts about the sustainability of the rally. IT stocks had been under pressure over the past few sessions amid…
The Bretton Woods system of monetary management had established rules for commercial relations among the US, Canada, Western European nations, Australia and 44 other countries. NEW DELHI: Government on Saturday named academics Joram Aniya and R Balasubramaniam as new members of Niti Aayog as part of a revamp of the thinktank.PM Narendra Modi congratulated both…
(AI image used for representational purposes) NEW DELHI: Govt is set to introduce major changes in the contract conditions to de-risk private investments and safeguard lenders’ exposure in the highway sector, in its bid to attract more private players. The revised provisions, to be notified this month, include providing revenue support and extension of tolling…
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Check out the companies making the biggest moves premarket: Nike — The athletic apparel stock slumped 10% after its North American revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the…
File photo of Rahul Gandhi NEW DELHI: Leader of opposition in the Lok Sabha Rahul Gandhi on Tuesday reacted to the FIR filed by Delhi Police over the alleged circulation of former Army chief General Manoj Mukund Naravane’s “unpublished memoir” and to the clarification issued by its publisher, Penguin Random House India.Speaking to reporters, Rahul…
