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market

93,507.83 MT seized Pulses delivered to Market

As per the reports received from the State Governments till December 15, about 93,507.83 MT pulses seized under de-holding operations have been auctioned or offloaded through other options in the market to increase availability. This will…

With Deregulation, Diesel Prices linked to Market

For the first time in five years, common people in India have something to rejoice when it comes to diesel prices. The diesel prices came down by Rs 3.37 per litre (without VAT), a Diwali Gift by the Modi Government. However, future remains…

Artificial Salt Crisis created in Coastal Odisha

After the onions and potatoes, it was the turn of Salt to create panic in the markets of Coastal Odisha, including Bhubaneswar and Cuttack. But, this time, it was not a genuine problem, but a crisis triggered by some vested interests to…

After Onions, Potato Crisis grips Odisha

The timing becomes very bad for people of Odisha, as they observe a complete vegetarian month in Kartika. As West Bengal has stopped the supply of potatoes because a steep hike in the prices in their state, Odisha has been hard hit by this…

BSE Sensex crosses 21,000 Mark after 3 Years

The BSE Sensex took a big leap forward by crossing the psychological barrier of 21,000 on October 24, 2013, which happened after a long gap of three years. The last time Sensex had touched 21,000 mark was in November 2010. It now eyes the…

India remains Top Recipient of Remittances

India has topped the global list of remittances with $71 billion in 2013. The data has been published by the World Bank, which put China at No. 2 spot with $60 billion in remittances, followed by the Philippines ($26 billion), Mexico ($22…

Rajan surprises, RBI hikes Repo Rate

In a very surprising move, which rattled the India Inc., RBI Governor Raghuram Rajan has announced a hike of 25 basis points in the repo rate, making things difficult for the banks. The decision triggered an immediate fall in the market and…

US Fed Impact: Rupee on a High, Sensex Soars

After a surprising decision by the US Federal Reserve, which decided to continue buying bonds at the current rate of USD 85 billion a month for now instead of announcing a $10-15 billion reduction to its asset purchase programme, the Indian…
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