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Nifty tanks below 7800, Sensex falls over 200 pts; SBI down

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India is trying to persuade rich temples to deposit some of their gold hoards with banks to revive a plan to recycle tonnes of the precious metal and cut gold imports, sources said. The scheme has only attracted about one kilogramme in a month, prompting the government to nudge temples through banks to hand over their treasures, the sources said, but at least one temple said it was still unconvinced by the plan. In a bid to reduce the economically-crippling imports, Prime Minister Narendra...

Nifty tanks below 7800, Sensex falls over 200 pts; SBI down

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