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Sensex recovers 33 points on late buying; Nifty ends in red

MUMBAI: Snapping its two-day fall, the BSE sensex on Wednesday recovered by 33 points to close at 27,564.66 points on late buying in banking, FMCG and oil stocks after recent falls and hopes of rate cut by the Reserve Bank. 298 more words

Bank credit grows at 10.16%; deposits up 11.85%: RBI

MUMBAI: Scheduled commercial banks’ credit grew at 10.16 per cent to Rs 66,32,101 crore in the fortnight ended May 15, according to the Reserve Bank data. 101 more words

Sensex falls 112 pts on earnings worry, derivatives expiry

MUMBAI: The benchmark BSE Sensex today declined by another 112 points to close at over one-week low of 27,531.41 due to continued selling in heavyweights such as ITC,  260 more words

Modi walks the Talk !!.

With the country drawing curtains on what was called the biggest election in the history, Modi government completed one year in office yesterday. India, a year ago, was in a state of gloom having lost all confidence in the UPA government and in the leadership of Dr. 567 more words

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IT/ITeS corners lion's share of office space leased in eight major cities

IT/ITeS sector continues to be the main driver of the office space market as it absorbed 69 per cent of the total office space leased in the January-March quarter in eight major cities, according to Cushman & Wakefield (C&W). 258 more words

Hyderabadis demand properties worth Rs 20-40 lakh

Hyderabad has been witnessing a shift in buyers’ preference for homes. As per the latest edition of PropIndex (Jan-Mar 2015 quarter), an India Apartment Index, properties worth Rs 20 to 40 lakh continued to be the popular buying budget of Hyderabadis. 439 more words

Sensex tumbles 314 points; weak fourth quarter numbers drag

MUMBAI: The benchmark BSE Sensex tumbled by 314 points on Monday to close at 27,643.88 on fresh selling pressure due to widespread profit-booking after recent gains amid lower-than-expected earnings numbers from ITC. 255 more words