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The internal report lays out how failings by 54 PNB officials allowed the fraud to be perpetrated.

A 162-page internal report, produced by Punjab National Bank (PNB) officials tasked with probing the fraud, lays bare lapses that go far beyond a few
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The government owns 51 per cent equity of Pawan Hans, while ONGC holds 49 per cent

New Delhi: The Government Of India on Wednesday said that it has received bids for the divestment of chopper services company Pawan Hans Ltd (PHL). According to Civil Aviation Secretary R.N. Choubey, at present the transaction advisor "is in the process of examining
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High oil prices dent economic development of many countries, says Oil Minister Dharmendra Pradhan.

VIENNA: India, the world's third-biggest oil consumer and importer, on Wednesday urged OPEC nations to fill a supply gap and ensure sustainable oil
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In view of inflation, odds are high that RBI may raise rates more than once in coming months.

Mumbai: From living off money collected by her 4-year old daughter to spending at least 50 percent more on eating out and shopping, Indian housewife Ruth Timmy Verghese says she's had a sharp lifestyle turnaround in the last few months.

The 32-year-old said

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International Yoga Day 2018: Top executives take time out from their busy schedules to stay healthy.

People often assume that if you're hard working , you probably spend hours working at a stretch, and thus often end up ignoring your health. However,
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DIIs bought shares worth a net Rs 653.686 crore on Tuesday.

Snapping two-day losing streak, the stock markets closed Wednesday's session on a positive note, with S-P BSE Sensex rising 260.59 points. BSE Sensex soar 0.74 per cent and closed at 35,547.33. The Nifty50 index rose 62.10 points or 0.58 per

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Currently, Air India has 17 per cent market share on international routes.

National carrier Air India will soon launch revised 'Maharaja' business class on its international flights, IANS reported. Air India's all-new 'Maharaja' business class will
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New Delhi: State Bank of India's (SBI) Managing Director B Sriram was appointed as the IDBI Bank's CEO and managing director for a temporary period of three months, according to an official order. He has been appointed in place of incumbent Mahesh Kumar Jain who was recently named Deputy Governor of the Reserve Bank of India (RBI).

The Appointments

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Over 2,300 children separated from their parents at the US-Mexico border between May 5 and June 9

The Donald Trump administration is drawing criticism for separating families with the children while it cracks down on illegal immigrants. The strict anti-
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The company plans to raise 25 percent of its share capital at a price band of Rs 780-Rs 783

Fine Organic Industries opened its initial public offering (IPO) on Wednesday. On the second day of Fine Organic Industries IPO, the issue managed to draw 20
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State Bank of India (SBI), PNB, ICICI Bank, Axis Bank, HDFC Bank offer zero minimum balance accounts.

A basic savings bank deposit (BSBD) account does not require any minimum balance. This account that is generally meant for poor sections of society
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AirAsia India is offering domestic flight tickets at a starting price of Rs. 1,299.

With ongoing summer holidays, air carriers in the country have come up with lucrative flight offers. Airlines are offering discounts and cashback on domestic and
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New Delhi: Government has increased import duties on some agricultural and steel products that are imported from the U.S. in retaliation against Washington's new global tariffs on steel and aluminium, according to a government note seen on Thursday.

Last month, India had given a list of products to the WTO that it said could incur higher tariffs. 

©

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Country's headline consumer inflation rose to a four-month high of 4.87% on-year in MayMumbai: The Reserve Bank of India monetary policy committee struck a well balanced note on its rate stance going forward and pointed out increasing inflation pressure due to high oil prices as the crucial reason for raising interest rates in the June conference, according to minutes
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Jio's prepaid plan priced at Rs. 149 now offers 84GBs per day high-speed 4G data.

Reliance Jio recently announced an additional 1.5 GB per day high-speed 4G data offering to every user who recharges with any daily-recurring data pack under a limited
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Foreign portfolio financiers (FPIs) sold shares worth Rs 2,442.61 crore on Wednesday. The Indian rupee skidded 16 paise to 68.24 against the US dollar in early trade on Thursday. The slip of Indian rupee is generally because of fresh buying of the American currency by importers amidst sustained foreign fund
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Arvind Subramanian had joined Chief Economic Advisor on October 16, 2014.

After spending four years in India as chief economic advisor, Arvind Subramanian left the job to return to America for personal reasons. Mr Subramanian had joined Chief Economic
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The RITES IPO (initial public offering) opened on Wednesday. By 5 pm, the issue was subscribed up to 60 per cent, data on NSE revealed. Over 1.50 crore bids were received out of a total of 2.52 crore. With RITES IPO, the government intends to divest
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A day after surging over 260 points, the market benchmark index S-P BSE Sensex oscillated between gains and losses on Thursday. After having opened 97 points higher at 35,644 on Thursday, Sensex traded in red in the late morning trade. Also, NSE's
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As you book train tickets on the website or app of IRCTC (Indian Railways Catering and Tourism Corporation), you will soon not need any third party vendor's bank card or cash wallet because IRCTC is set to launch its own payment aggregator known as
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Buddhist Circuit Special Train: IRCTC's eight-day journey in the two-tier is available for Rs 64,402

If you are planning a trip later in the year and want to blend it with a spiritual sojourn, you can explore IRCTC Tourism's Buddhist Circuit Special
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Mark Zuckerberg gained $8.8 billion this year as Facebook shook off a data-privacy crisis

Facebook Inc. co-founder Mark Zuckerberg came within a whisker of leapfrogging Warren Buffett as the world's third-richest person Wednesday. Zuckerberg, more than
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The 83-year-old Pune-headquartered Bank of Maharashtra is ranked among the major public sector banks

Pune: In a sudden development, the Economic Offences Wing (EOW) here arrested Ravindra P. Marathe, the Chairman and Managing Director of Bank of Maharashtra, in a case of Rs 3,000 crore fraudulent loans extended to Pune's DSK Group, an official said
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Overseas, mixed trend in other Asian markets influenced the trading sentiment today.

The Indian rupee staged a recovery from its near 1-month low to trade 32 paise higher at 68.06 against the US currency in early session on Wednesday. Fresh selling of the greenback by banks and exporters supported the Indian

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Walmart has announced that it will obtain a 77 percent stake in Flipkart Group for $16 billion Walmart is offering bonds to help fund its acquisition in India's biggest online seller, stuffing the U.S. financial investment grade market with another jumbo offer
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Gold silver prices today: In the national capital, gold of 99.9% and 99.5% purity slipped by Rs 185 each.

New Delhi: Gold on Wednesday fell by Rs 185 to Rs 31,715 per ten gram on muted demand from local jewellers amid a weak global trend. Silver, however, ended steady at Rs 41,000 per kg on scattered demand from industrial units and coin makers,
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South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as cyber thieves exposed the high risks of trading the digital
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A day after keeping them uniform, petrol prices were slashed on Thursday in the range of 11-14 paise in metro cities. In Delhi and Kolkata, petrol prices were cut by 11 paise. In Mumbai, petrol prices came down by 14 paise, and by 12 paise in Chennai.
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Jet Airways' offer is available only on airline's website and mobile app.

Jet Airways is offering 10 per cent assured discount on flights within India under its '25th anniversary special sale' offer. Airline's 10 per cent discount offer is applicable
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A day after posting considerable losses, S-P BSE Sensex opened 43 points higher on Wednesday at 35,329.60 points. At the same time, NSE's benchmark index Nifty50 edged up by 24 points to trade at 10,734 level in the opening trade today. At 9.44 am, Sensex trades at 35,354.75 points, 68 points, or 0.19 percent
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