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HDFC BANK : Board To Mull Interim Dividend On March 3

Economy

Bank strike may hit transactions over Rs 1 lakh cr: Assocham

February 28

Assocham said that the day-long strike observed by public sector banks may negatively impact forex and paper clearing transactions worth up to Rs 1.3 lakh crore.

RBI sets rupee reference rate at 66.7375 against dollar

February 28

RBI fixed the reference rate of the rupee at 66.7375 against the US dollar and 70.7151 for the euro.

Note ban positives to be felt from April: Finmin

February 28

The positive effects of demonetisation will be visible from April and the completion of remonetisation process will drive consumption going forward, Das said.

Note ban: Indian firms fear lingering economic aftershocks

February 27

Indian small-business owner Ravi Jain fears the govt's note ban move will have a much larger impact than predicted by top policymakers.

US dollar ends cheaper against rupee

February 27

The US dollar ended cheaper against the rupee at 66.71/72 per dollar and the pound sterling also finished lower at Rs 82.78/80 at Forex.

CSO to unveil Q3 GDP estimate with note ban impact on Tuesday

February 27

The Central Statistics Office is due to unveil the revised advance estimate for GDP growth for 2016-17 after factoring in the note ban impact in the December quarter.

States' fiscal deficit to rise marginally to 3.3% in FY18: Ind-Ra

February 27

The states' fiscal deficit will rise only marginally to 3.3% in financial year 2017-18 (FY18) from the expected 3.2% in 2016-17, Ind-Ra said.

Buffett upbeat on American business; Berkshire operating profit down

February 26

Buffett mounted a forceful and upbeat defense of the prospects for American business

Forex reserves down $56.8 mn to $362.73 bn

February 24

India's foreign exchange reserves declined by USD 56.8 mn to USD 362.73 bn in the week to Feb 17.

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