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New aviation policy has fare cap for 1-hour routes: Rs 2,500

If approved by the Cabinet, the policy will enable new carriers like AirAsia India and Vistara — both operated by the Tata Group via joint ventures with foreign carriers — to operate internationally.

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Rupee up 5 paise against dollar in early trade

Forex dealers said weakness in dollar against some other currencies overseas and a higher opening in the domestic equity market also supported the rupee,

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SoftBank to sell part of stake in China’s Alibaba for $7.9 billion

SoftBank has seen its profits boosted thanks to Alibaba’s record USD 25 billion market debut in 2014 in New York.

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Timing your investment’s entry, exit is critical for good returns: 5 things to keep in mind

While it is true that no one can time the markets, with some research and a long hard look at your investment goals, horizons, and plans, you can fine tune your exit timing.

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Oil prices continue dip with stronger dollar

Prices have rebounded since plunging to near 13-year lows below $30 in February but are still well short of peaks of more than $100 a barrel reached in June 2014.

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Oil prices dip on strong dollar, firm global supplies

A meeting of the OPEC exporters’ group, including Iran, is scheduled for June 2.

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Sensex trips 69 pts on global sell-off; auto stocks hit hard

The 30-share barometer declined 210.46 points, or 0.81 per cent, to 25,563.15, with auto, banking, IT, FMCG, metal and realty sector stocks leading the fall.

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Rupee down 8 paise in early trade

Benchmark BSE Sensex tumbled by 210.46 points or 0.81 per cent to 25,563.15 in early trade.

In this May 16, 2016 photo, shoppers choose clothes at Ameyoko shopping district in Tokyo. Japan reports its economy grew at a better than expected 1.7 percent annual pace in March, as higher government outlays helped offset weakness in business investment and exports. The Cabinet Office reported Wednesday, May 18 that the quarterly pace of GDP growth for the world's third-largest economy was 0.4 percent. (AP Photo/Shizuo Kambayashi)

Japan’s economy grows at 1.7% annual pace in Jan-Mar

Japan reports its economy grew at a better than expected 1.7 percent annual pace in March, as higher government outlays helped offset weakness in business investment and exports.

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Gates Foundation commits $80 mn to promote gender equality

The funds will also help improve the accuracy and reliability of data collection, which can reveal at a large scale who owns assets like land, property or credit.

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Tiger Global, Flipkart’s largest investor, cuts stake in Amazon

Over the past few months, Flipkart has also faced a series of markdowns from its investors.

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Yen gains after upbeat Japan GDP pares stimulus bets

The dollar notched its session high of 109.27 yen just ahead of the GDP release, and subsequently fell as low as 108.73.

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Gold firms up on global cues, silver vaults above Rs 41,000

The metal for delivery in far-month August contracts was up by Rs 57, or 0.19 per cent, at Rs 30,335 per 10 gm in a turnover of 45 lots.

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Oil at fresh 2016 highs on hopes of supply glut easing

Chinese crude refineries also processed crude at record rates in April while production dipped to a 14-month low, Bloomberg News reported citing government data released at the weekend.

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Sensex washes out initial gains, slips 131 pts in late morning

The 30-share index rose by 117.35 points or 0.46 per cent to 25,606.92 with sectoral indices led by realty, healthcare, IT, auto and capital goods, rising by up to 0.80 per cent.