Sensex at the Bombay Stock Exchange dropped 100 points, or 0.6 percent, to close below the 17,000 level, at 16,988.
The market fell on continued concerns that Greece's sovereign debt crisis might spread to European nations like Spain and Portugal, and impact global economic recovery. The Nifty at the National Stock Exchange slipped 34 points, or 0.7 percent, to 5,091.
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New Delhi-Parliament passed the finance bill for 2010-11, keeping the hike in duties on fuels intact. Finance Minister Pranab Mukherjee said in the Rajya Sabha that the present fiscal situation did not permit a roll-back.
After this, the Upper House returned the Bill to the Lok Sabha, thus completing the nine-week Budget exercise. Mr Mukherjee had in the Budget for 2010-11, raised excise and customs duty on auto fuels to garner 26,000 crore rupees. |
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22-year-old girl Manasvi Mamgai has been crowned Pantaloons Femina Miss India World for this year at a gala event on Friday night in Mumbai. She will represent India at the global pageant later this year. She has also won also the WGC Femina Miss Golden Heart title and Femina Miss Catwalk, among others. |
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Private sector bank ICICI has ranked 45 among the 100 most valuable brands in the world, a list that has been topped by Google. "With a brand value of USD 14.5 billion, the Indian bank ICICI is the first Indian brand to feature in the BrandZ Top 100. ICICI is the bank that introduced retail banking to India and stands to profit from the country's continuing growth," according to the fifth annual Millward Brown Optimor BrandZ Top100 Most Valuable Global Brands |
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Woman diplomat working in the Indian High Commission in Islamabad has been arrested in New Delhi for allegedly passing on information to Pakistani intelligence agencies. Simultaneously, the station head of Research and Analysis Wing (RAW) in Islamabad R K Sharma has also come under the scanner, official sources said. A promotee officer of Ministry of External Affairs, 53-year-old Madhuri Gupta, was arrested here four days back |
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