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Stock rally gains pace

The Sensex hit a record high late in the session on Thursday as banks rallied on hopes of central bank and government actions to tackle bad debt in the sector, with sentiment further boosted by...   | Read..

Gold pins hope on lower GST rate

The World Gold Council expects the apex GST body to bury its differences in favour of a low tax rate on the yellow metal.   | Read..

IDBI Bank turnaround plan

State-run lender IDBI Bank today said it has formulated a turnaround strategy, which includes raising additional capital, aggressive recovery, restricting loan growth in...   | Read..

White paper on tea status

The Tea Board today said it was coming out with a white paper on the status of the industry for the first time.   | Read..

Sweetener for sugar

Sugar, tea, coffee and milk powder will cost less under GST.   | Read..

Indian Oil earnings jump 85%

Indian Oil Corporation's fourth-quarter net profit spiked 85 per cent to Rs 3,721 crore on the back of higher refining margins.   | Read..

Exporters seek refund relook

Exporters today said the refund mechanism proposed under GST could result in a liquidity crisis for them and urged the government to work out an alternative plan.   | Read..

Merc gears up for new regime

Germany's Mercedes Benz is slashing the prices of its vehicles produced in India by up to Rs 7 lakh to pass on the benefits of the new tax rate under GST.   | Read..

Opec extends output cut

Opec decided on Thursday to extend cuts in oil output by nine months to March 2018 as the producer group battles a global glut of crude after seeing prices halve and...   | Read..

Price jitters for Lupin

Shares of Lupin today slumped over 7 per cent as the management cautioned that pricing pressure in generic drugs was likely to continue in the US market.   | Read..
Stock rally gains pace

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