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Investors in SGB 2017-18 Series X earned a 225% return on premature redemption, receiving 9,630 per gram against the issue price of 2,961. The gain combines golds appreciation, tax-free profits, and strategic asset flexibility.
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Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers' norms.
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Chancellor Rachel Reeves says all pensioners on less than 35,000 will now qualify for the payment.
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News and Media
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