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Latest Articles in Economy

Indian Banks To Sell Mallya's Cars 'Shortly' In UK

A UK High Enforcement Officer is set to sell a fleet of Vijay Mallya's cars in the UK as part of efforts to recover loan repayment dues owed by the beleaguered liquor baron to a consortium of 13 Indian banks, the banks' legal representative confirmed on Friday.

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Nafed To Boost Onion Supply In Delhi; Mother Dairy Asked To Cut Price

To check rising onion prices, the Centre Friday directed co-operative Nafed to boost supply in the national capital from the buffer stock and also asked Mother Dairy to reduce the rates by Rs 2 per kg on the kitchen staple in all its Safal outlets.

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Stocks Drop More Than 1.3pc On Liquidity, Margins Concerns; RIL, HDFC Drag Indices

Market benchmark BSE Sensex plunged by 464 points or 1.33 per cent to close at 34,315.63 points due to losses in energy, IT and financial stocks on liquidity worries even as RBI eases norms to improve fund flows.

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Market Rout Continues; Sensex Slips 637 Pts As Selling Pressure Mount

The BSE benchmark Sensex tumbled 637 points and the broader Nifty slipped below the 10,300-mark in late afternoon trade Friday following heavy selling in blue chip Reliance Industries as well as financial stocks.

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