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Business News

Nifty, Sensex Close Lower As HDFC Bank Drags

The broader NSE Nifty ended 0.64% lower at 11,346.2, while the benchmark BSE Sensex closed down 0.8% at 38,031.13. Both indexes marked their worst closing levels since mid-May.

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NPCI Launches RuPay JCB Global Card

State Bank of India, Punjab National Bank, Axis Bank, Union Bank of India, Central Bank of India, Andhra Bank, City Union Bank, TJSB Bank, and many more banks will issue RuPay-JCB Global Cards

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IIT Hyderabad-Incubated Startup BeAble Wins Rs 25 Lakh Funding

Incubated at Center for Healthcare Entrepreneurship (CfHE), BeAble has developed ‘ArmAble’ – A Gamified Arm Rehabilitation Device for stroke patients

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Is The Consumer Being Served?

As consumers fight back, becoming expressive and vocal, service providers and producers hit back with equal intensity and fiercer vengeance.

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Niki Partners With Connect India To Strengthen Ties In 8000 Small Cities

With over 4.5 million users, 80% of whom are living in Tier 2, Tier 3 India, Niki is India’s first-ever voice app for household transactions.

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India Set For Record Edible Oil Imports As Scanty Rains Trim Output: Analyst

"Rainfall was scanty over oilseed-growing areas. It will reduce yields of groundnut, soybeans and cotton," said Govindbhai Patel, managing director of trading firm G.G. Patel & Nikhil Research Company.

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Global Markets: Asia Stocks Fall On Likely Smaller Fed Rate Cut, Pricier Oil

Global equity markets had rose briefly towards the end of last week after dovish comments by New York Fed President John Williams boosted expectations the central bank would lower rates by 50 basis points (bps) at its July 30-31 meeting.

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RBI's Shaktikanta Das Says Change In Stance As Good As Additional 25 BPS Rate Cut: Reports

"We have reduced policy rates by 75 bps and we have shifted to accommodative. And shifting of the stance to accommodative itself means a rate cut of 25 bps at least", quoted Governor Shaktikanta Das.

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Nifty Cracks Down Below 20 Week Moving Average Mark

The major contributors to the negative sentiment were dashed hopes of a change in FPI surcharges, as well as continued concerns on asset quality.

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Government Wants Antitrust Review Of Big Four Accountants

The Big Four do auditing work for almost 60 per cent of the top 500 companies that trade on India's National Stock Exchange (NSE)

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