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PNB sets recovery target of Rs 10K cr for Q4: MD (IANS...

By Rohit Vaid New Delhi, March 24 (IANS) After returning to black in the last quarter, lending major Punjab National Bank (PNB) has set a recovery target of Rs 10,000 crore for the concluding Q4, said the company's Managing Director and ...

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Market likely to trade soft then pick momentum in week...

By Arun Kejriwal Markets last week behaved more or less on expected lines, except for the fact that the correction actually happened on Friday instead of Wednesday. Readers would recall that Thursday was a holiday on account of Holi. Wha...

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Fiscal deficit under revised target due to cut in non-...

By Anjana Das New Delhi, March 24 (IANS) As the 2019 fiscal nears its end, the Finance Ministry's fiscal managers say the revised deficit target of 3.4 per cent is under control even as the government is braving to bear shortfalls in bot...

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India may step up oil imports from Brazil, Mexico

By Subhash Narayan New Delhi, March 24 (IANS) India may increase oil imports from Brazil and Mexico to offset the loss of Venezuelan oil in the wake of US sanctions on that country. Venezuela is the fourth largest oil supplier to India a...

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ADB readies for face-off with AIIB, NDB in India

By Manish Gupta New Delhi, March 24 (IANS) As fledgling multilateral development banks AIIB and NDB are making inroads in Asia and beyond, the 52-year-old Asian Development Bank (ADB) took the offensive with a massive recruitment outreac...

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Petrol prices rise, diesel remains unchanged

New Delhi, March 24 (IANS) Petrol prices rose around 5 paise across the four metropolitan cities on Sunday while the cost of diesel remained unchanged, data on the Indian Oil Corp's website showed. In the national capital, petrol was pri...