Tuesday, 2 April 2013

Briefly Business: Sensex rises 176 points, ends above 19000 - Indian Express

Sensex rises 176 points, ends above 19,000

Mumbai: Rising for the fourth straight day, the BSE benchmark Sensex today jumped by 176 points to regain 19,000-mark after two weeks on sustained buying in bluechips like RIL, Sun Pharma, L&T and SBI after government said it will continue to argue for lowering of interest rates by RBI.

'CAG to restart RIL audit this month'

New Delhi: The CAG is likely to resume audit of Reliance Industries' spending on the KG-D6 gs block as issues over scope of the scrutiny are "more or less resolved", Oil Secretary Vivek Rae said on Tuesday.

Axis Bank's home loans for self-employed

Mumbai: Axis Bank has launched a dedicated home loan product for the self-employed. At 1 per cent above the base rate to start with, borrowers will pay higher than the ones in the salaried class, but lower than the going rates in the market. pti



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