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The author is Correspondent, BW Businessworld
Powell warned that the move will bring some pain to households and businesses. “These are the unfortunate costs of reducing inflation but failing to restore price stability would mean far greater pain,” he said
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At close, the Sensex was up 59.15 points or 0.10 per cent at 58,833.87, and the Nifty was up 36.40 points or 0.21 per cent at 17,558.90
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At close, the Sensex was down 310.71 points or 0.53 per cent at 58,774.72, and the Nifty was down 82.50 points or 0.47 per cent at 17,522.50
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At close on Wednesday, the Sensex was up 54.13 points or 0.09 per cent at 59,085.43, while its broader peer the Nifty was up 27.50 points or 0.16 per cent at 17,605
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Union Minister for Health and Family Welfare Mansukh Mandaviya highlighted Prime Minister Narendra Modi's leadership during the pandemic and how it exhibited welfare of the global humanity
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At close on Friday, the Sensex was down 651.85 points or 1.08 per cent at 59,646.15 while its broader peer the Nifty was down 198 points or 1.10 per cent at 17,758.50
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At close on Wednesday, the Sensex was up 417.92 points or 0.70 per cent at 60,260.13, and the Nifty was up 119 points or 0.67 per cent at 17,944.30
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At close on Tuesday, the Sensex was up 379.43 points or 0.64 per cent at 59,842.21, and the Nifty was up 127.10 points or 0.72 per cent at 17,825.30
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Its standalone revenue from operations came in at Rs 42,320.72 crore, up 84 per cent for the quarter under review as against Rs 23,021.64 crore in the year-ago quarter
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Its net premium income also improved to Rs 98,805.23 crore in the quarter under review compared to Rs 82,375.61 crore in the year-ago quarter
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