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Latest Articles in Economy

Rupee Advances 57 Paise To 70.05 Against US Dollar In Early Trade

At the Interbank Foreign Exchange, the rupee opened on a higher note at 70.15 and then gathered further momentum and touched a high of 70.05, up 57 paisa over its previous close

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Maratha Quota Bill, ATR To Be Tabled In Maharashtra Legislature

A two-page action taken report (ATR) on the State Backward Class Commission's (SBCC) recommendations on Maratha quota will also be tabled along with the Bill, a government source said

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Finance Commission To Take Innovative Approach For Development

The FFC team held talks with a Nagaland government team led by Chief Minister Neiphiu Rio, different political parties, Naga civil societies, rural and urban local bodies to discuss about their demands

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Modi And Xi Aim To Build On Thaw In Ties At G20 Meeting

The 3,500 km (2,200-mile) border between the nuclear-armed neighbours has been calm since Modi and Xi held several hours of talks in the Chinese city of Wuhan in April, agreeing to prevent political disputes escalating into a confrontation

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G20 Makes Slow Progress On Communique Amid 'Difficult' Talks

G20 leaders have met each year since the 2008 global economic crisis to try to reach broad agreement on important issues such as trade

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RBI’s Impending Metamorphosis Will Test Our Claim To Be A Liberal Democracy

The only definitive outcome of the 10-hour RBI Board meet meeting was that the RBI is on the cusp of a metamorphosis. What path we choose to achieve this laudable metamorphosis in the RBI will determine the veracity of our claim to be a liberal democracy.

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Thomas Cook Cuts Profit Forecast, Suspends Dividend On Weak British Market

Thomas Cook warned in September that a heatwave in northern Europe had hit demand in the most profitable part of the summer season and hurt winter trading, forcing it then to cut its profit outlook by 13 per cent

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Gold Subdued Ahead Of Fed Chair Speech, G20 Summit

Investors will hold steady until the minutes of the Federal Reserve meeting are released and more clarity emerges around the trade conflict leading into the G20 summit, said ANZ analyst Daniel Hynes

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PM Has Obligation Not To Use Language That Has Become Common: Manmohan Singh

The former prime minister underlined the need for restraint in political discourse

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Gold Gains On Tepid Dollar; G20 Meeting In Focus

Officials from some G20 countries, anxious to see a swift end to the Sino-U.S. trade war, are hopeful but not confident the meeting may yield at least a partial ceasefire

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India Set To Miss 2018-19 Fiscal Deficit Target: India Ratings

The country’s 2019 fiscal deficit target has been pegged at 3.3 percent of its gross domestic product (GDP) or 6.24 trillion rupees ($88.45 billion). But the credit rating agency estimated fiscal deficit at 6.67 trillion - or 3.5 percent of GDP

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Gold Prices Rise Rs 100 On Buying By Local Jewellers

In the international market, gold was trading at USD 1,224.30 an ounce and silver was at USD 14.21 an ounce

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Global Economy: Breakthrough Or Breakdown - G20 Sets Trade War Turning Point

With global growth increasingly suffering from frictions between the two biggest economies, tensions will come to a head when Donald Trump and Xi Jingping meet on the sidelines of a G20 summit in Argentina

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Dip In Revenues May Widen Fiscal Gap To 3.5 Per Cent In FY19: Report

Total revenues and expenditure of the govt, will come at Rs 6.67 lakh cr as against the budgeted Rs 6.24 lakh cr

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