DCM21 LSQ-BANK FRAUDS Banks, select financial institutions report frauds involving Rs 1.13 lakh crore in H1 of FY20: Sitharaman New Delhi: Frauds involving Rs 1,13,374 crore were reported by banks and select financial institutions in the first half of the current financial year, Finance Minister Nirmala Sitharaman told Parliament on Monday.
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DEL58 BIZ-LD-STOCKS Sensex, Nifty recover from budget despair as manufacturing data raise hopes Mumbai: Stock markets recovered from the budget blues on Monday with the benchmark index Sensex closing higher by 137 points after a survey showed manufacturing activity soared to an eight-year high on new orders.
DCM36 BIZ-LD AIRINDIA PRIVATISATION-STAFF Buyers of Air India, BPCL not to get free hand to shed excess staff: DIPAM secretary New Delhi:Buyers of loss-making airline Air India and oil firm Bharat Petroleum Corporation Ltd (BPCL) will not get a free hand to shed excess workforce as the government will build in certain protection to employees in the share sale agreement, DIPAM Secretary Tuhin Kanta Pandey said.DCM25 LSQ-ECONOMY RECESSION Economy not in recession: Anurag Thakur New Delhi: The government on Monday said the economy is not in recession and India recorded the highest average growth among the G-20 nations during 2014-19. DCM17 BIZ-MCDONALDS-PARTNER McDonald's selects Sanjeev Agrawal as new partner for north, east India markets New Delhi: US fast food chain McDonald's has selected MMG Group chairman Sanjeev Agrawal as its new partner to operate its outlets in north and east India, the company said.
DEL63 BIZ-RUPEE-CLOSE Rupee settles 3 paise down at 71.35 against US dollar Mumbai: The rupee pared early losses to settle 3 paise down at 71.35 against the US dollar on Monday, tracking recovery in domestic equities and easing crude oil prices.DCM24 BIZ-THAKUR-LIC Interest of LIC policyholders will be protected, says Anurag Thakur New Delhi: The government will protect the interest of policyholders of LIC, which is likely to go public in the next financial year, Minister of State for Finance Anurag Thakur has said.
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