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INDIA bloc leaders to meet at Kharge’s residence to discuss joint VP candidate

New Delhi, Aug 18 (PTI) Opposition leaders will meet at Congress president Mallikarjun Kharge’s residence here on Monday evening to discuss a joint candidate for the vice-president’s post. Defence Minister and senior Bharatiya Janata Party (BJP) leader Rajnath Singh has also reached out to the leaders of some opposition parties, including Kharge, who is the leader of opposition in the Rajya Sabha, for unanimously electing the new vice-president. Sources said the opposition wants to field a non-political face who has national standing and stature for the second-highest constitutional position in the country. The sources said senior DMK leaders have proposed

Gold trades flat at Rs 1,00,920/10 g, silver climbs Rs 1,000

New Delhi, Aug 18 (PTI) Gold prices remained flat at Rs 1,00,920 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. On Saturday, the precious metal of 99.9 per cent purity had declined Rs 500 to close at Rs 1,00,920 per 10 grams from Thursday’s closing of Rs 1,01,420 per 10 grams. The Bullion markets were closed on Friday on the country’s 79th Independence Day. In the local market, the yellow metal of 99.5 per cent purity remained flat at Rs 1,00,500 per 10 grams (inclusive of all taxes) on Monday. “Gold traded

Sensex jumps 676 pts as GST reform bid sparks rally in auto, consumer durable shares

Mumbai, Aug 18 (PTI) Stock markets rose sharply on Monday, with Sensex closing higher by 676 points and Nifty climbing 1 per cent on heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in the GST regime by Diwali. The 30-share BSE Sensex jumped 676.09 points or 0.84 per cent to settle at 81,273.75. During the day, it zoomed by 1,168.11 points or 1.44 per cent to 81,765.77. The 50-share NSE Nifty climbed 245.65 points or 1 per cent to end at 24,876.95. Intra-day, it surged 390.7 points or 1.58 per cent to 25,022.

Rupee rises 23 paise to close at 87.36 against US dollar

New Delhi, Aug 18 (PTI) The rupee appreciated 23 paise to close at 87.36 (provisional) against the US dollar on Monday, supported by strong domestic equities. Forex traders said the Indian rupee traded on the positive territory on the GST reforms that Prime Minister Narendra Modi recommended in his August 15 address to the nation. Forex traders said the uncertainty over trade tariffs issue between India and the US is likely to keep market participants cautious. At the interbank foreign exchange market, the rupee opened at 87.46 against the US dollar, and touched an intraday low of 87.48 and a

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