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National Payments Corp to launch three cards National Payments Corp to launch three cards The company will launch a 'Mudra' card, a credit card and an international card, its Chairman M Balachandran told reporters here.
Sensex holds 25K amid pressure in mid session Sensex holds 25K amid pressure in mid session The Sensex resumed higher at 25,302.98 and moved in a range of 25,387.32 and 25,056.80 before quoting 25,191.70 at 1200 hours, down 10.20 points or 0.04 per cent from its last Friday's close.
IndusInd Bank up over 2% as RBI allows FIIs to buy shares IndusInd Bank up over 2% as RBI allows FIIs to buy shares RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further shares in the lender.
Rupee weakens 17 paise to 66.63 against US dollar Rupee weakens 17 paise to 66.63 against US dollar Forex dealers said persistent demand for the dollar from importers and sustained capital outflows by foreign funds also weighed on the rupee.
Sensex recovers 148 points in early trade on value buying Sensex recovers 148 points in early trade on value buying The 30-share index was trading higher by 148.11 points, or 0.59 per cent, at 25,350.01, with consumer durables, realty, auto, banking, IT and FMCG sector stocks leading the recovery.
FPIs dump shares worth Rs 4,000-cr in just 4 trading sessions FPIs dump shares worth Rs 4,000-cr in just 4 trading sessions Foreign investors have pulled out nearly Rs 4,000 crore from the stock markets in the last four trading sessions amid weak GDP numbers and lacklustre global cues.
Rs 1,000 note to have new numbering system to check counterfeiting Rs 1,000 note to have new numbering system to check counterfeiting A new numbering system and seven new security features will be incorporated in all currency notes, especially in high denomination Rs 1,000 and Rs 500 notes, in order to check the menace of Fake Indian Currency Notes (FICN).
Investors may pay less for MF products, Amfi plans to cut costs Investors may pay less for MF products, Amfi plans to cut costs Besides, it is planning to do away from the current practice of disclosing overall Assets Under Management (AUM) by fund houses and restrict it to only retail AUM.
BSE to launch roll-over facility in SLB from Monday BSE to launch roll-over facility in SLB from Monday Under the roll-over facility, lenders of securities would be allowed to extend an existing position. It means that lenders who are due to receive securities can now extend the period of lending.
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