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Manu Kaushik
September 18, 2018
The growth in Jio's subscriber base doesn't imply that the tariff war is likely to subside anytime soon.


BusinessToday.in
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interests; Bank of Baroda, Vijaya Bank, Dena Bank stocks make major moves post merger announcement; US-China trade war: Trump imposes fresh round of tariffs on imports worth $200 bn; India delays imposition of retaliatory tariffs on U.S. goods till November 2; gold to become more expensive? Govt may hike import duty to stem rupee fall. Watch more in this episode of Business Wrap.


BusinessToday.In
September 18, 2018
Continuing its intermittent fall against the US dollar, the Indian rupee dived to another all-time low of 72.98 on Tuesday. The currency has lost over 13 per cent in value against the greenback since the beginning of the year.


BusinessToday.In
September 18, 2018
The rupee fell 46 paise to close at 72.97 level, its lowest ever against the US dollar in trade today which dampened market sentiment. The Indian currency had closed at 72.51 to the dollar on Monday. Led by the sharp fall in stocks, the market capitalisation (m-cap) of BSE-listed companies plunged by Rs 2,72,549.15 crore to Rs 1,53,64,470 crore since Friday.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


Rah Shri
New Delhi, September 18, 2018
The first wave of import curbs will include items like luxury cars, high-end mobiles, steel, aluminum, electronic items and furniture. Other items added to the list are dry fruits and imported fruits like almonds, and alcoholic beverages.


Reuters
New Delhi, September 18, 2018
Trump warns if China takes retaliatory action against US farmers or industries, it will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.


BusinessToday.In
September 17, 2018
The drop in value of rupee and spike in international crude oil prices may force the government to curb imports of non-essential commodities including gold.


BusinessToday.In
September 17, 2018
While the Sensex fell 505 points or 1.33% to 37,585 level, the Nifty lost 137 points or 1.19% to 11,377 level. Subdued Asian and European markets due to escalating trade war between the US and China mainly led to a caution on domestic bourses, brokers said.


BusinessToday.In
September 17, 2018
The Sensex had rallied 677.51 points in the previous two sessions on sustained buying by domestic institutional investors. At 10: 37 am, the Sensex was trading 442 points lower at 37,647. The Nifty was down 125 points to 11,390.


BusinessToday.In
New Delhi, September 17, 2018
The petrol reached Rs 82.06 per litre in Delhi on Monday, while diesel surged 6 paise to Rs 73.78 per litre. Petrol has already crossed the Rs 90 mark in two districts of Maharashtra.


BusinessToday.In
September 14, 2018
At 9:57 am, the Sensex rose 205 points to 37,923 level. The Nifty too gained 72.85 points to 11,442 points. Brent crude, which hit $80 per barrel two days ago, was trading at $78.25 a barrel.


PTI
New Delhi, September 11, 2018
Trump said that he has become friends with foreign leaders including Prime Minister Narendra Modi and the Japanese Prime Minister Shinzo Abe.


BusinessToday.In
September 11, 2018
Today, the market extended losses with the Sensex closing 509 points or 1.34% lower at 37,413. Nifty too fell 150 points or 1.32% to 11,287 level. The Sensex has lost nearly 1,000 points in the last two sessions in a rout triggered by the worsening trade data. The Nifty too has lost 300 points in the same period.


BusinessToday.In
September 11, 2018
The Sensex has seen over 1% fall in the second straight session today for first time since February 2016. On Monday, the Sensex closed 467 points or 1.22% lower at 37,922, the Nifty fell 151 points or 1.30% to 11,438 level.


BusinessToday.In
September 10, 2018
Brokers said weakness was seen in most Asian markets as investors were cautious amid fears of a possible escalation in the US-China trade conflict.


BusinessToday.In
September 10, 2018
Sectorally, auto and banking stocks were the top losers with BSE auto index falling 248 points and BSE bankex losing 241 points. On Nifty, top losers were Bajaj Finance, Sun Pharma and Bajaj Finserv.


PTI
September 10, 2018
At 10:09 am, the Sensex was trading 206.85 points, or 0.54 per cent lower to 38,127.97. The laggards include Yes Bank, PowerGrid, Kotak Bank, ONGC, Hero MotoCorp, HUL, HDFC Bank, ICICI Bank, HDFC, Tata Motors, Sun Pharma and Asian Paint Sun Pharma, Yes Bank, SBI, ICICI Bank, NTPC, ONGC and Maruti Suzuki, falling up to 2.12 per cent.


PTI
September 9, 2018
Trump has repeatedly called for companies to move production to the United States, or to keep it there, while pushing aggressive trade actions aimed at narrowing the US trade deficit, which he equates with theft from Americans.


PTI
New Delhi, September 6, 2018
Pompeo and Defence Secretary James Mattis held the first 2+2 Dialogue with External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman to bolster the strategic ties with India and step up defence and security collaboration.


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