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Finance minister Arun Jaitley’s first full Union Budget has laid a roadmap for tax and expenditure reforms in the country to be pursued by the NDA government in the remaining years of its current tenure.
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Union Budget: A Cartoon by Rohnit Phore.
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The BSE Sensex resumed higher at 29,411.33 and hovered in a wide range of 28,882.02 and 29,560.32. A recovery in the last two hours helped the Sensex end at 29,361.50, logging a gain of 141.38 points or 0.48 per cent.
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The NSE Nifty also moved up by 57.25 points to close at 8,901.85, after hovering between 8,751.35 and 8,941.10.
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Snapping its two-day falling streak, gold prices increased by Rs 120 to Rs 27,120 per 10 gm at the bullion market today largely on increased buying by jewellers and retailers to meet ongoing wedding season demand. Silver, however, remained steady at Rs 37,200 per kg on scattered enquiries from industrial units and coin makers.
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