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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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Market
India’s Central Bank Urges Local Banks to Promote Non-Dollar Trade Settlements with UAE
Discover how India's central bank is encouraging local banks to facilitate trade settlements in local currencies with the UAE, aiming to enhance the global role of the Indian rupee and address trade imbalances.
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Market
Founder Uday Kotak Resigns as CEO of Kotak Mahindra Bank – Leadership Transition Begins
Uday Kotak steps down as CEO of Kotak Mahindra Bank, founder's legacy continues.
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Market
Reserve Bank of India’s Monetary Policy Committee Meets to Discuss Repo Rate Hike Amid Inflation Concerns
The Reserve Bank of India's Monetary Policy Committee meets to discuss whether to increase the repo rate amid inflation concerns.
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Market
Federal Reserve Raises Interest Rates to Combat Inflation Amidst Banking Sector Wobble
Federal Reserve raises interest rates to combat inflation amidst banking sector instability. Learn about the impacts and inflation forecast. #FederalReserve #InterestRates #Inflation #BankingSector #MonetaryPolicy
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News
YES Bank shares plunge 13% as lock-in period ends under RBI reconstruction scheme
YES Bank's stock price plummeted 13% as the lock-in period under RBI's Reconstruction Scheme 2020 ended, resulting in the release of shares. SBI's stake in the bank reduced to around 26%. Despite gradual improvements in asset quality, the bank faces risks, including AT-1 bonds write-down, according to analysts.
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Market
Indian Stock Market Set to Open Higher on Global Rally
A new day for the Indian stock market with global gains fueling optimism. Anticipate a higher opening following a rally in global and Asian markets. Insights into central bank decisions and market sentiment.
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