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US curbs looming, India reduces Iran oil imports by 30%With an over 30% reduction in imports of oil from Iran, India is hoping to be eligible for a waiver on Iran oil sanctions from this weekend. Indian pr… Read MorePNB posts bigger-than-expected loss in Q2Net loss came in at Rs 4,532 crore ($622.74 million) for the three months ended September 30, compared with a profit of Rs 561 crore a year earlier, a… Read MoreUS lets India, 7 other nations to buy Iranian oilWhile the Trump administration’s goal remains to choke off revenue to Iran’s economy, waivers are being granted in exchange for continued import cuts … Read MoreSensex zooms over 550 points on strong global cues; Nifty above 10,550On the 30-share BSE index, Yes Bank, Asian Paints, Hero MotorCorp, IndusInd Bank and Bajaj Auto were among the major gainers with their stocks surging… Read MoreWhy govt wants to increase control over RBIWhile historically there have been differences between the RBI and the nation's governments, the extent of the rift and its public nature are unpreced… Read More
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