The government planned to sell Bharat Petroleum Corp Ltd, logistics firm Container Corp of India Ltd and debt-laden Air India before the end of the 2019/20 financial year.
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At 12:45 am, the BSE S&P Sensex was up by 1,404 points or 3.7 per cent at 39,417 while the Nifty 50 was 410 points higher at 11,684.
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The United States removed tariffs from more than 400 Chinese products in response to requests from US companies.
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Earlier, petrol was being sold at Rs 73.62 in Delhi.
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At 09:40 am, the Sensex was up by 851 points or 2.24% at 38,865.08, and the Nifty up 266.40 points or 2.36% at 11,541.90.
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The prime minister said that the move will attract private investment from all across the world.
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Finance Minister Nirmala Sitharaman said the effective corporate tax rate would be lowered to 25.17% from 30% and scrapped the minimum alternative tax for domestic companies.
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Rose, who has worked at the Edinburgh-based giant for 27 years, takes the helm amid a period of heightened global turmoil that includes Brexit, the US-China trade war, and faltering economic…
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At 12:10 pm, Sensex was trading at 38,034.09, up by 1,940.62 points or 5.38% while the Nifty up by 561.40 points, currently at 11,266.20.
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Spot gold was up 0.3% at $1,503.20 per ounce, as of 03.53 GMT, and was on track for its first weekly gain, having risen nearly by 1% so far this week. U.S. gold futures were also up by 0.3% at $1,…
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The broader NSE Nifty was up 0.21% at 10,727.6, as of 0412 GMT on Friday, while the benchmark BSE Sensex was trading 0.3% higher at 36,205.52.
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The measures include a review of import tariffs on certain items ahead of Prime Minister Narendra Modi's visit to the United States, the sources said.
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'MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 per cent though it is on course to post its first weekly decline in five, hit by sizable losses in Hong Kong and India.'
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"The Indian economy remains a preferred habitat for foreign direct investment (FDI) and is among the top 10 destinations for greenfield projects," said RBI Governor Shaktikanta Das.
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Budget carrier SpiceJet has about a dozen Boeing 737 MAX planes in its fleet and a total of 155 on order - among the largest single orders for the narrow-body plane.
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