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Sensex, Nifty rise on stronger-than-expected GDP data

Indian shares rose on Wednesday, snapping two days of losses and approaching a key psychological level of 9,000, after stronger-than-expected economic growth eased worries about the impact of the government's demonetisation drive.

India's February gold imports surge on pent-up demand - GFMS

MUMBAI India's February gold imports surged to 50 tonnes, up more than 82 percent from a year ago, on pent-up jeweller demand and as retail consumers ramped up purchases for weddings, provisional data from consultancy GFMS showed on Wednesday.

TCS says founders to participate in share buyback

MUMBAI Tata Consultancy Services Ltd (TCS), which plans to buy back shares worth up to 160 billion rupees ($2.39 billion), said on Wednesday the founder group of the company intended to participate in the proposed buyback.

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