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Gold prices slipped on Wednesday, pulling further away from an eight-month peak scaled in the previous session, as signs of a slight de-escalation in the Russia-Ukraine standoff diminished the appeal of safe havens. Spot gold was down 0.1% at $1,850.91 per ounce, as of 0110 GMT. U.S. gold futures dropped 0.2% to $1,852.40.

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Asian shares rallied on Wednesday as fears of a Russian invasion of the Ukraine this week dissipated after Moscow indicated it was returning some troops to base from exercises, delivering investors a measure of relief.

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The euro held on to overnight gains in early Asian trade on Wednesday having jumped on reports that some Russian forces had moved away from the Ukraine border, though, with tensions still elevated, the common currency failed to make further progress.

NBFCs get more time to comply with NPA norms

Updated at : 2022-02-16 07:35:02

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β€œIn case of borrowers having more than one credit facility from a lending institution, loan accounts shall be upgraded from NPA to standard asset category only upon repayment of entire arrears of interest and principal pertaining to all the credit facilities,” the RBI said.

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The Dow Jones Industrial Average rose 422.67 points, or 1.22%, to 34,988.84, the S&P 500 gained 69.4 points, or 1.58%, to 4,471.07 and the Nasdaq Composite added 348.84 points, or 2.53%, to 14,139.76.

A large white candle emerged; this not only reflects strong directional consensus of the market participants, but also validates the strength of the support of the falling trend line as well as the 200-DMA

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In the 9 months of the current financial year, RailTel has posted total revenue of Rs 1140 crore which is a 17.28 per cent growth over the 9 months of 2020-21

The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March and employees and policyholders of the insurance behemoth would get a discount over the floor price

NBCC Q3 net profit down 10 pc to Rs 87 cr

Updated at : 2022-02-15 21:20:04

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Total income also fell to Rs 2,056.31 crore in the third quarter of the fiscal from Rs 2,149.17 crore in the corresponding period of the previous year.

The railway ticketmaster said it resumed the services of cooked food in passenger trains of Indian Railways, which were suspended due to the Covid-19 pandemic in the country

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