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    Deposit growth in farmers’ bank accounts paltry

    Staff Correspondent | Updated at 12:05am on October 06, 2018

    The number of farmers’ accounts opened with the country’s scheduled banks increased by 79,567 to 93.17 lakh in the January-June period of 2018 and the growth in deposits in the accounts was also paltry in the period.,...

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    Commodity prices remain unchanged

    Staff Correspondent | Updated at 12:05am on October 06, 2018

    The prices of most of the commodities remained unchanged in the city’s kitchen markets over the week ending Friday. Imported onion and garlic, however, witnessed a decrease in their prices over the week in the city markets....

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    Bourses call for actions against non-compliant companies

    Mostafizur Rahman | Updated at 12:05am on October 06, 2018

    Stock exchanges have requested the market regulator to take actions against the listed companies which failed to comply with the rule of holding minimum 30 per cent shares by their sponsor-directors....

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    Traders bet on oil at $100 as Iran sanctions loom

    Reuters . New York/London | Updated at 12:05am on October 05, 2018

    Oil traders have piled into wagers that US crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record US production growth and relatively flat global demand....

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    Toyota, SoftBank to develop self-driving car services

    Reuters . Tokyo | Updated at 12:05am on October 05, 2018

    Toyota Motor Corp and SoftBank Group Corp said they will team up to develop car services that rely on self-driving technology, such as hospital shuttles, as they envision a future in which fewer people drive their own vehicles....

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    RBI seen raising rates again as rupee slide accelerates

    Reuters . Mumbai | Updated at 12:05am on October 05, 2018

    The Reserve Bank of India is expected to raise rates for a third time since June on Friday to combat inflationary pressures as it grapples with a weakening rupee, surging oil prices and market instability sparked by a major non-bank finance firm’s defaults...

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    Stocks sink, dollar scales up as US yields surge

    Reuters . London | Updated at 12:05am on October 05, 2018

    A rise in US Treasury yields to their highest levels since mid-2011 pulled global bond yields higher across the board and boosted the dollar on Thursday, while stocks sagged in response....

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    ICICI’s scandal-hit Chanda quits as CEO

    Reuters . Mumbai/ Bengaluru | Updated at 12:05am on October 05, 2018

    ICICI Bank Ltd chief Chanda Kochhar, who has been mired in controversy for months, resigned on Thursday after seeking an early retirement and will be replaced by Sandeep Bakhshi, the Indian private lender said....

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    Nissan, RBS join chorus of warnings over disorderly Brexit

    Reuters . London | Updated at 12:05am on October 05, 2018

    Japanese carmaker Nissan and Royal Bank of Scotland (RBS) have became the latest companies to warn about damage to the economy if Britain fails to secure a trade deal before leaving the European Union....

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    Saudi agrees to invest in new oil refinery in Pakistan

    Reuters . Islamabad | Updated at 12:05am on October 05, 2018

    Saudi Arabia has agreed in principle to invest in a new oil refinery in Pakistan’s Chinese-funded deep-water port of Gwadar, the South Asian nation’s petroleum minister said on Thursday....

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