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Bihar polls: 60 pc voting till 5 pm, deputy CM alleges attack, Lalu calls for change of guard

Patna, Nov 6 (PTI) Amid stray incidents of violence, including an attack on Deputy Chief Minister Vijay Kumar Sinha’s vehicle, 60.18 per cent of 3.75 crore voters exercised their franchise till 5 pm on Thursday across 121 constituencies in the first phase of Bihar assembly elections. Begusarai district recorded the highest polling percentage so far at 67.32, followed by Samastipur (66.65) and Madhepura (65.74). Stakes are high for both the ruling NDA and the opposition INDIA bloc in the first phase of the assembly elections, with several key leaders, including RJD’s Tejashwi Yadav, Deputy Chief Ministers Samrat Choudhary and Vijay

India in talks to create bigger banks, including via mergers, finance minister says

MUMBAI, Nov 6 (Reuters) – India needs more “big banks” and efforts are underway to achieve that goal, including the possibility of consolidating some state-run banks, the country’s finance minister said on Thursday. India has 12 state-owned banks, which together held assets totaling 171 trillion rupees ($1.95 trillion) as of March, representing 55% of the nation’s banking sector. The Indian government in 2020 consolidated 27 banks into 12 to form larger entities. It is also considering allowing higher foreign investment in state-owned lenders, Reuters reported last month. “India needs a lot of big, world class banks, and for that we

Gold rebounds Rs 600 to Rs 1,24,700/10g amid firm global cues

New Delhi, Nov 6 (PTI) Snapping the two-day losing streak, gold prices on Thursday rebounded by Rs 600 to Rs 1,24,700 per 10 grams in the national capital on a fresh wave of buying by traders and firm global cues. The precious metal of 99.5 per cent purity increased by Rs 600 to Rs 1,24,100 per 10 grams (inclusive of all taxes), according to All India Sarafa Association. The metal had closed at Rs 1,23,500 per 10 grams on Tuesday. In the local bullion market, gold of 99.9 per cent purity had ended at Rs 1,24,100 per 10 grams in

Rupee rises 10 paise to 88.60 against US dollar

Mumbai, Nov 6 (PTI) The rupee appreciated 10 paise to 88.60 against the US dollar (provisional) on Thursday, supported by a weak American currency against major rivals overseas. Subdued sentiment in domestic equity markets and continued outflow of foreign capital prevented a sharp gain in the Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 88.51 and touched the intraday high of 88.49 against the greenback. The unit also hit the intra-day low of 88.66 before ending the session at 88.60 (provisional) against the dollar, up 10 paise from its previous closing level. The domestic

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