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The statement rebutting all allegations comes after almost a fortnight of the Central Bureau of Investigation (CBI) raiding at the least six AirAsia India offices in India, together with its Bengaluru headquarters. Use your Twitter and Fb updates to get quick listed links to your site. These websites are listed multiple instances each day so your new link will get indexed in a short time.
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The rupee on Friday edged larger to sixty eight.15 towards the US greenback, extending its recovery after falling to 18-month low sixty eight.42 on Wednesday. Despite the brief recovery, the rupee just isn’t far away from its all-time low of 68.87 vs US dollar, recorded in November 2016. Apart from outflows from domestic capital markets, a rising dollar and a surge in world crude costs have weighed on the rupee. The rupee is down over 6 per cent against the US greenback so far this year. Foreign exchange advisory firm IFA International says that the potential of rupee heading towards 70 per dollar is growing. There is a still room for further depreciation from current levels, it provides.
Hong Kong and Shanghai shares have led a promote-off across Asian and European markets on rising trade battle fears after Donald Trump threatened recent tariffs on Chinese language imports. Markets react negatively after Donald Trump cancels his long-awaited assembly with North Korean chief Kim Jong-un.
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As Prime Minister Narendra Modi completes four years in the office on Friday, 25 Could 2018, we check out four successful feats achieved underneath or proposed by Modi government that steered the domestic inventory market to record high levels. The Indian Banks’ Association (IBA) had earlier provided an increase of 2 per cent over the total wage invoice of the banks, which was rejected by the unions.