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News digest: Retail fuel price, Fortis stake sale, Nipah virus, and more

from PMO taking a final call on the cut in excise duty on petrol and diesel to nine dead as protest against Sterlite turns violent, BS brings you up to date with the latest news

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Bs News Digest  |  Diesel Prices  |  Excise Duty

BS Web Team 

State Bank of India posts record loss of Rs 77 bn in Q4; stock rises 3.7% The country’s largest lender, State Bank of India (SBI), posted its highest-ever net loss of Rs 77.18 billion for fourth quarter ended March 2018 (Q4) as asset quality worsened and it made large provisions for bad loans.

Read more Petrol, diesel excise duty may be cut Rs 2-4/litre; PMO to take final call The Prime Minister’s Office (PMO) will take a final call on a cut in the excise duty on petrol and diesel, according to senior officials, with surging fuel prices creating ripples among ...

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First Published: Wed, May 23 2018. 03:13 IST
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