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U.S. stocks opened higher on Tuesday, steadying after Wall Street’s first pullback in more than a week in the previous session, on growing bets of rate cuts ahead of fresh inflation data later this week.
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The government on Tuesday decided to exercise green shoe option with clear intention to divest 6 per cent stake in Bank of Maharashtra (BoM) through offer-for-sale following overwhelming response from investors on the first day of subscription.
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IBJA has launched a self-regulatory division to bring governance, transparency and consumer protection to the fast-growing digital gold industry after Sebi warned that such products lack regulatory oversight. The framework will include audits, standards, disclosures and strict compliance rules.
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Indian government bonds surged on Tuesday after better-than-expected state auction demand shored up sentiment and sparked short-covering, while some traders also suspected central bank buying in the secondary market.
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Realty firm Omaxe Group has repaid Rs 80 crore loans, including the interest amount, of government-backed stress fund SWAMIH.
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