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Article on January 12, 2018

Sensex, Nifty Set Fresh Records; Banks, Refiners Lead Gains

The broader NSE Nifty was up 0.27 percent at 10,679.55 as of 0630 GMT, after rising as much as 0.37 percent to a record 10,690.25

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India December Vegoil Imports Drop 10 Percent On Lower Soyoil Purchases

"Indian import duty has gone up so people were waiting to see the impact of duty on prices. Supply from local soybean crop was also good," said Sandeep Bajoria, chief executive of vegetable oil importer Sunvin group

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'We Are Creating A Digital Claims Platform That Could Approve Claims Instantly'

Nishant Jain, Co-founder and CTO, Toffee (a unique digital insurance platform), discusses their unique business model, the need for customized insurance products, their target market and their business goals

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Singapore November Retail Sales Rise Highest In Nearly Two Years

Total retail sales rose 5.3 percent from a year earlier, after falling a revised 0.2 percent in the previous month, according to data from the Singapore Department of Statistics

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Rupee Up 12 Paise Against US Dollar In Late Morning Trade

The rupee opened higher at 63.60 per dollar from yesterday's closing level of 63.66 at the inter-bank foreign exchange market today

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India Launches Cartosat 2 Series Satellite, 29 Others

A jubilant ISRO Chairman A S Kiran Kumar announced that the Cartosat 2 Series satellite, the seventh in the series, a nano satellite and 28 commercial payloads were successfully injected into the orbit one by one by the PSLV C-40, in the space of about 17.33 minutes since lift-off

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Sensex, Nifty Hit New Highs On Global Cues

The 30-share index advanced 134.93 points, or 0.39 per cent, to trade at an all-time high of 34,638.42, surpassing its previous high of 34,565.63, recorded on January 10

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Rupee rebounds 11 paise in opening trade

Forex dealers said a weak dollar in overseas markets on fears that a huge amount of foreign demand for American currency would dry up bolstered the rupee

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