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Gold gains on mild demand; silver rules stable

Gold gained marginally for the second day by Rs 15 per 10 grams at the bullion market here today on mild demand from stockists and retailers even as the metal weakened overseas. Silver, however, held steady in the absence of…

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IMF: Global economic outlook is bright

It reckons the recent pick-up has been pretty broad-based, particularly in Europe and Asia.Tax reforms in the United States are expected to stimulate economic activity, especially business investment.But the IMF has substantially downgraded its forecast for South Africa for this…

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Auto majors may post double-digit growth

Auto makers are expected to report good numbers in the third quarter of the ongoing fiscal, led by healthy volume growth, which has been aidedby the low base of demonetisation, say analysts. According to estimates of analysts collated by Bloomberg,…

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