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Cabinet approves Rs 10,000 cr fund to promote SMEs

New Delhi: The government Tuesday committed Rs 10,000 crore to establish an SME Growth Fund for direct equity investments in Small and Medium Enterprises to create future champions. The decision was taken at the Union Cabinet meeting headed by Prime Minister Narendra Modi. The SME...

BSE, NSE, Sensex, Nifty, Stock market

Stock markets rebound; Sensex climbs 473 points

Mumbai: Benchmark equity indices Sensex and Nifty ended higher Monday, as softer-than-expected US jobs data reduced expectations of aggressive monetary tightening by the US Federal Reserve, supporting risk appetite across emerging markets. The 30-share BSE Sensex jumped 472.77 points, or 0.66 per cent, to settle...

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