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SEBI is planning to broaden institutional involvement in the commodity derivatives market by engaging with the government to permit banks, insurers, and pension funds to participate in trading. The regulator is also mulling over allowing foreign portfolio investors to trade in specific non-agricultural commodity derivative contracts.
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Cracker Barrel said Wednesday it expects lower sales and weaker customer traffic in the coming year as the controversy over its planned logo change continues to play out.
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The Bank rate was cut in August but many analysts do not expect any further reductions this year.
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