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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
Traders Carry Bullish Bets Forward on Nifty Futures Amid Market Recovery Hopes
Traders carried bullish Nifty futures bets to April series on hopes of market recovery amid easing concerns over US banking sector & retreating bond yields.
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Market
Equity Markets Extend Losses for Third Consecutive Week on Rising Caution and Global Concerns
Equity markets in India continue to decline for the third consecutive week as investors remain cautious after the government raised securities transaction tax and concerns over contagion in global banking.
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Market
Indian Finance Minister Removes Tax Advantage for Debt Funds, Boosting Bank Fixed Deposits
The Indian Finance Minister's decision to remove tax advantages for debt mutual funds may lead to a surge in bank fixed deposits and a shift towards other investment options.
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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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National
Ministry of Home Affairs recommends CBI inquiry against Harsh Mander’s NGO for FCRA violations
The Ministry of Home Affairs recommends a CBI inquiry against Harsh Mander's NGO Aman Biradari for FCRA violations. Mander is a social activist and Congress sympathizer known for his involvement in protests against the Citizenship Amendment Act.
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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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