Daily Archives: October 25, 2019

Gold, silver sales down by up to 40% this Dhanteras


Mirroring slowdown in the economy, pre-Diwali Dhanteras sale of gold and silver dipped by as much as 40 per cent as high prices and lower consumer spending hit demand. Dhanteras, considered the most auspicious day in Hindu calendar for buying items ranging from precious metals to utensils, was a muted affair in most markets across the country with traders complaining ...

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India ranked 63rd in World Bank’s doing business report

The World Bank released its latest Doing Business Report(DBR, 2020) todayon24th October 2019. India has recorded a jump of 14 positions against its rank of 77 in 2019to be placed now at 63rdrank among 190 countries assessed by the World Bank. India’sleap of14 ranks in the Ease of Doing Business ranking is significant considering that there has been continuous improvement ...

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Assembly bypolls in Uttarakhand, WB on Nov 25


Assembly bypolls to three seats in West Bengal and one in Uttarakhand will be held on November 25, the Election Commission announced on Friday. The bypolls in the two states were not held earlier on the request of the state governments. While the local body elections were on in Uttarakhand, the West Bengal government had cited the Durga Puja festivities ...

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SBI Q2 profit surges six-fold to Rs 3,375 crore

State Bank of India

The country’s largest lender SBI on Friday reported a nearly six-fold jump in its consolidated net profit to Rs 3,375.40 crore for the second quarter ended September 30. The bank’s net profit was Rs 576.46 crore in the July-September quarter of previous fiscal. Its total income of the entire SBI group rose to Rs 89,347.91 crore in the quarter under ...

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