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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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A total of 1.039bn has been awarded to just over 7,300 sub-postmasters, the latest figures show.
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News and Media
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