IL&FS Investment Managers non-executive director resigns from board

This is in continuation of a spate of resignations of the board of directors from IL&FS and its group firms ever since the loan defaults started arising nearly a month ago.

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Stocks drop more than 1.3% on liquidity, margins concerns; RIL, HDFC drag indices

The broader NSE Nifty too fell around 150 points to crack below the 10,400-mark as 30 of its constituents declined. The 50-share NSE Nifty plunged 149.50 points, or 1.43 per cent, to end at 10,303…

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Sensex slides 500 points on global sell-off; Nifty below 10,400

Sentiments also dampened after Chinese shares extended and the yuan touched its weakest level in almost two years

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Rupee recovers early losses; rises 19 paise to 73.42 on dollar selling

Dealers said the Reserve Bank of India's steps to ease liquidity concerns of NBFCs also helped the domestic currency

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China's GDP growth slows in third quarter amid trade spat with US

The growth figures slipped as factory output growth weakened to 5.8 per cent.

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Rupee falls 3 paise to 73.64 against US dollar in early trade

The benchmark BSE Sensex fell 408.45 points, or 1.17 per cent , to 34,371.13 in the opening trade. 

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Govt, UIDAI say re-verification of KYC voluntary post-Supreme Court verdict on Aadhaar

The joint statement said, the Supreme Court has prohibited the issue of new SIM cards through Aadhaar eKYC authentication process and there is no direction to deactivate the old mobile phones.

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Facebook shareholders back proposal to remove Zuckerberg as chairman

The shareholders said the social media giant had mishandled several high-profile scandals.

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Reliance posts 17.4% rise in Q2 net profit; to buy stake in Den, Hathway Cable

Reliance Industries Wednesday reported its highest ever quarterly net profit in July-September as record earnings from petrochemical business and bumper earnings from retail business and telecom…

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Sensex, Nifty drop over 1%; falling rupee, rising oil prices blamed

Indian markets closed in the red on Wednesday as the equity benchmark Sensex plunged 382.90 points — it closed over 800 points lower than the day's… Read Article

Sensex jumps 267 points tracking global cues, strong earnings

The equity benchmark Sensex rallied for the fourth straight session Wednesday, and jumped 267 points, on encouraging second-quarter earnings by tech… Read Article

US dethrones Switzerland in 'competitive economy' race; India slips dramatically

Singapore was ranked second and Germany third out of 140 countries by the World Economic Forum.

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Oil prices edge up over decline in US inventory, Khashoggi's disappearance

US  gasoline stocks dropped by a larger-than-expected 3.4 million barrels

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Sensex rises 300 points on earnings optimism

Meanwhile, the rupee strengthened by 25 paise to 73.58 (intra-day) against the US dollar in the forex market.

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India needs strong, decisive government to take swift decision, maintain high growth: Jaitley

Outlining the challenges for India, Jaitley said being a net buyer of oil, a rise in global crude prices adversely impacts the country. 

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