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Jul 26, 2015

Major Business News Stories This Week

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Major Business News Stories This Week
The World Trade Organization (WTO) has slashed tariff duty on 200 IT products, over this the body has signed a trade deal of $1.3 trillion.

Reliance Industries’net profit up 4.4 % in the first quarter of 2015-16 at Rs.6,222 crore.

Not a good news from bullion market, as gold price tumbled heavily this week. The gold price in Chennai down to Rs 2,344 per gram on Friday.

TVS Motor Company Ltd reported on Friday that the net profit for the first quarter grown by 24.8% .

Automobile majro Maruti Suzuki launches Premium Showroom range Nexa on Thursday.

Top 10 Indian companies listed in Forbes Asia Fabulous 50 list. While China topped the list with 25 companies in this.

National Stock Exchange of India Ltd, (NSE), leading stock exchange, issued notice to 260 companies for not appointing a woman director, on Wednesday.

Rajya Sabha Select Committee presents Report on Goods and Services Tax (GST) Bill on Wednesday.

The Union Cabinet approved interest subvention on crop loans for farmers on Tuesday.

BRICS - Brazil, Russia, India, China and South Africa- countries launched New Development Bank in Shanghai on Tuesda.
International Monetary Fund (IMF) appointed Maurice Obstfeld as the IMF’s economic counsellor and director of the research department, on Monday.


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