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Sensex, was down 276.11 points or 0.55% to 49,582.13. The Nifty 50 index declined 54.8 points or 0.37% at 14,689.20.
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A vehicle owner can usually get scrap value of about 2-3% of vehicle price in the market and hence the incremental incentive from the policy appears minimal, says Jefferies
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Household savings plunged as the pandemic led to millions losing jobs and almost all forced to take deep pay-cuts, forcing them to borrow more or dip into their savings to meet expenses
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Just a month back, the Centre had increased the lower and upper limits on domestic airfares by 10-30%
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The policy will likely increase India's automobile industry turnover to ₹10 lakh crore from the current ₹4.5 lakh crore and create as many as 35,000 jobs
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In the reporting month, RBI purchased $18.225 billion and sold $15.371 billion in the spot market, the central bank said in its monthly bulletin for March 2021
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ICRA estimates that the population of vehicles older than 15 years would be 1.1 million units by the financial year 2024, offering significant potential for scrappage
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Experts believe that while the government’s notification is progressive, consumers also need to change their habits
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The facility will help startups in Space Technology in the States of Odisha, West Bengal, Bihar and Jharkhand besides the Andaman and Nicobar Islands apart from helping capacity-building and innovations in the field
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Before you plan to buy your next car, and if intend to take car loan for it, know Top 5 rules as tips to ensure best interest rate, discount negotiations, gimmicks and ways to get best deal on car loan online: