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August 2018
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Business News
Sensex ends lower ahead of RBI policy call
 
(Mumbai, Dec 5, 2017); BSE benchmark Sensex ended over 67 points down in volatile trade today as cautious investors trimmed their portfolios ahead of RBI's policy announcement amid subdued macro cues.

The Reserve Bank's two-day monetary policy review kicked off today. The central bank is widely expected to keep policy rates unchanged tomorrow and will stay focused on controlling inflation, experts said.

Trading mood was also impacted as Fitch Ratings yesterday cut the country's GDP growth forecast for the current fiscal to 6.7 per cent from the earlier projected 6.9 per cent.

The 30-share Sensex opened on a negative note on across-the-board losses and touched a low of 32,682.52.

However, value-buying in several heavyweights towards the fag-end trimmed the losses, with the index finishing at 32,802.44, down 67.28 points or 0.20 per cent.

The broader NSE Nifty too slipped by 9.50 points, or 0.09 per cent, to end at 10,118.25, after moving between 10,069.10 and 10,147.95.

Meanwhile, services sector activity slipped into the contraction territory during November, post the implementation of the Goods and Service Tax (GST) that led to sluggish demand and lower customer turnout, a monthly survey said.(PTI)


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KERALA NEWS
Kerala flood: Papa CJ expressed his willingness to perform at fund-raiser programmes
 Stand up Comedian Papa CJ on Thursday tweeted his willingness to perform at any fund-raiser programs  
Declare Kerala floods a national disaster: Rahul Gandhi asks PM
PM announces an interim relief of Rs 500 Cr
PM's aerial survey called off
INTERNATIONAL NEWS
Imran Khan Elected New Pakistan PM, Seen In Tears After Vote
 (Islamabad, Aug 17, 2018):Pakistani lawmakers have endorsed Imran Khan as their next prime mi
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Toll soars to 48 in Kabul education centre blast
Bridge collapses in Italy during heavy storm, crushing cars
NATIONAL NEWS
Swami Agnivesh assaulted on way to pay homage to Atal Bihari Vajpayee in New Delhi
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