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Business

Govt likely to cut petrol, diesel prices ahead of LS polls

New Delhi, Dec 29 (IANS) The government is likely reduce the petrol and diesel prices ahead of the Lok Sabha polls as crude oil prices have also come down in the international market which will enable the oil marketing companies to bear the burden. As per sources, the Ministry for Petroleum and Natural Gas has worked out various combinations and…
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Business

Tata Motors stock doubles in a year

New Delhi, Dec 29 (IANS) Tata Motors stock has doubled in the last one year compared to a little over 19 per cent returns for the Nifty. Tata Motors stock made a new high of Rs 802 on Friday and its 52 week low was Rs 381. Tata Motors has…
Business

Kotak Mahindra Bank shares plunge on GST woes

Mumbai, Dec 29 (IANS) Shares of Kotak Mahindra Bank plunged on Friday, a day after an order by the GST authorities issued a demand order to the mid-sized bank to pay pay up Rs 57.2 lakh as tax dues. The GST authorities have disallowed the…
Business

January is normally a poor month for market

New Delhi, Dec 29 (IANS) As 2023 draws to a close, the most significant feature of the year’s rally is the sharp outperformance of the broader market, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The…