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The rupee depreciated 4 paisa, to close at 84.11/$1, versus its previous close of 84.07 per dollar, LSEG data showed. Likely interventions by the Reserve Bank of India (RBI) helped prevent a sharper decline. However, the RBI was not very aggressive in its dollar sales on Monday, traders said.
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On the eve of the US presidential election, Donald Trump and Kamala Harris are in a tight race. Polls show a close contest, particularly in key swing states. Trump's stance on immigration, foreign policy, and the economy resonates with some voters, while early voting trends suggest a potential Republican advantage.
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News and Media
The regulator has proposed changes to how the Recovery Expense Fund is used, which supports debenture recovery processes and suggested to standardize the format of Debenture Trust Deeds to streamline documentation.
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News and Media
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