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RBI slashes repo rate for the third consecutive time

The six-member RBI Monetary Policy Committee (MPC) decided to slash the current repo rate of 6 per cent to 5.75 per cent effective immediately. The committee which...

RBI slashes repo rate for the third consecutive time

The six-member RBI Monetary Policy Committee (MPC) decided to slash the current repo rate of 6 per cent to 5.75 per cent effective immediately. The committee which...

IRDAI raises third-party insurance premium for cars and two-wheelers

The Insurance Regulatory and Development Authority of India (IRDAI) has revised the third-party motor insurance premium rates for cars and two-wheelers for FY 2019-20....

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Banking

Paytm targets revenue of Rs.10,000 crore in the next one year

The Indian e-commerce startup, Paytm, plans to hit their Rs.10,000-crore revenue target in the next one year. As part of its business expansion, the firm...

Finance

Insurance

Goldman Sachs downgrades Indian equities to ‘Marketweight’

Goldman Sachs downgraded Indian equities from ‘overweight’ to ‘marketweight’, making this the first downgrade for the market in over 4 years. The company stated that...

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