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The BSE Sensex finished 43 points lower at 33,307.14 today after a bout of fag-end selling wiped out early gains. Metal stocks came under heavy selling pressure after US President Donald Trump signed two proclamations that imposed tariffs on some steel and aluminium imports, sparking fears of retaliatory moves by other countries. The 30-share index, which remained in the positive zone for the major part of the session, hit a high of 33,519.49 but succumbed to a late sell-off to end at 33,307.14, down 44.43 points, or 0.13 per cent.…

Indian Steel Association has raised concerns that the US move to raise import tariffs will encourage surplus nations to divert their steel exports to consuming nations like India affecting the local markets. ISA represents major public and private sector steel players in the country. US President Donald Trump said on March 1 that he would impose 25 per cent import tariff on steel and 10 per cent on aluminium to protect US producers. The apex industry body has raised concerns that imposition of steep tariffs on import by the US…

The nodal agency for central government’s advertisements, DAVP, had suspended the empanelment of 51 newspaper in September for two months, most of them for publishing paid news, Parliament was informed today. As many as 37 newspapers were suspended from September 13, 2017 to November 12, 2017 for indulging in paid news , according to a list provided by Minister of State for Information and Broadcasting Rajyavardhan Rathore in the Lok Sabha. The other reasons for suspension included publishing false news, obscene photograph and ‘inaccurate and disrespectful news reports’. The Directorate…