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Banking sector fears continue to haunt risky assets. In the latest moves, Deutsche Bank AG shares slumped on Friday and the German lenders credit-default swaps surged amid wider concerns about the stability of the banking sector.
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Through the IPO, the company plans to raise about Rs 130 crore, of which Rs 58 crore will be used to repay loans availed by the company from scheduled commercial banks, and Rs 71 crore for funding working capital requirements, besides general corporate purposes.
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ET Markets has identified top-performing debt mutual funds delivering over 10% returns in the last 3 years. These funds invest in bonds and other money market instruments, which generate steady income in the form of dividends.
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News and Media
The S&P 500 just capped its second straight up week, and while Treasuries have dealt body blows to short sellers, holding on through the worst volatility in four decades wouldve reaped sizable profits.
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Historically, Western Africa had mostly been dominated and influenced by the French for centuries. This influence is on decline amid the increase of Chinese presence in the overall continent. Chinas Belt and Road Initiative has tipped the balance to their favou
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News and Media
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