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Mumbai, June 6 (SocialNews.XYZ) The domestic benchmark indices surged on Friday after the Reserve Bank of India (RBI) reduced repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points (in four tranches). Sensex gained 746.95 points or 0.92 per cent at 82,188.99 and the Nifty rose 252.15 points or 1.02 percent to close at 25,003.05. The rise was led by banking stocks. Nifty Bank closed at 56,578.40, up 817.55 points or 1.47 per cent. During the day, Bank Nif ...Read More >
TOI correspondent from Washington: In a warning shot that echoed across major world capitals and business majors on Tuesday, US President-elect Donald Trump said he will issue executive orders on day one of his presidency imposing new tariffs on all imported goods from China, Mexico and Canada, Washington's three largest trading partners, to stop the "invasion" of illegal migrants and drugs into the United States. In a post on his Truth Social platform, Trump put the onus of containing illegal ...Read More >
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