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Goldman Sachs downgrades ratings on shares of SBI, ICICI, YES Bank
Global brokerage firm Goldman Sachs downgraded ratings on the shares of State Bank of India (SBI) and ICICI Bank from 'buy' to 'neutral', citing potential downsides of 4 per cent and an upside of 3 per cent, respectively.
YES Bank has…
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PM Modi to chair Council of Ministers meet on March 3 ahead of LS polls
Prime Minister Narendra Modi will chair a meeting of the Union Council of Ministers on March 3, days before announcement of the Lok Sabha elections, officials said.
The meeting of the Council of Ministers is scheduled to be held at the…
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India will not rush into signing free trade deals, says Piyush Goyal
India will not rush into signing free trade agreements (FTA) unless there is an equitable and fair balance in trade deals, Commerce Minister Piyush Goyal said on Friday.
"We should never rush trade negotiations, they are going to impact…
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RBI amends directions on Prepaid Payment Instruments
The RBI in its latest directive has decided to permit authorised bank and non-bank Prepaid Payment Instrument (PPI) issuers to issue PPIs for making payments across various public transport systems.
The purpose of this is to offer…
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