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  RBI says all 18,000 banks to have Cheque Truncation System by September

  February 05, 2021 15:50 IST

  The central bank also said it will set up a 24x7 helpline for digital payments services to secure them more against fraud and phishing.

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  RBI allows retail investors to open G-Sec accounts to directly participate in government securities

  February 05, 2021 13:32 IST

  Reserve Bank of India will allow retail investors to directly participate in government securities. Retail investors can now open Gilt or G-Sec accounts with the central bank.

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  SBI ATM rules changed! Customers must take note of THIS before withdrawing cash

  February 05, 2021 13:35 IST

  Top banks like ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Yes Bank and others charge a failed ATM transaction fee owing to insufficient balance in your account.

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  RBI lowers inflation projection to 5.20% for Q4 FY21, sees it around 5% in H1 next fiscal

  February 05, 2021 12:41 IST

  The Reserve Bank has lowered the retail inflation projection for the current quarter of this fiscal at 5.2 per cent, saying it has returned within the "tolerance band".

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  RBI projects GDP growth rate of 10.5 per cent FY 2022

  February 05, 2021 11:42 IST

  After the Budget 2021-22 announcement on Monday, Economic Affairs Secretary Tarun Bajaj had said that real GDP growth would be 10-10.5 per cent in the next fiscal.

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  Fuel on Fire! Petrol, diesel prices hiked by 30 paise for 2nd consecutive day | Check new rates

  February 05, 2021 12:02 IST

  Diesel prices in the national capital saw an upward revision from ₹ 76.83 per litre to ₹ 77.13 per litre, according to Indian Oil Corporation, the country's largest fuel retailer.

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  PayPal to stop domestic payment services in India from April 1

  February 05, 2021 10:35 IST

  From April 1, the company will focus all its attention on enabling more international sales for Indian businesses, and shift focus away from its domestic products in India.

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  Sensex hits 51,000-mark for first time, Nifty above 15,000

  February 05, 2021 10:31 IST

  BSE Sensex on Thursday jumped over 325 points (0.64 per cent) to hit the 51,000-mark for the first time in early trade. The broader Nifty 50 index also crossed the crucial 15,000-mark.

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  RBI keeps repo rate unchanged at 4%, projects 10.5% GDP growth in FY22

  February 05, 2021 11:44 IST

  The Reserve Bank of India (RBI) on Friday left interest rates unchanged at 4 per cent. This is the fourth time in a row when the RBI has left the rate unchanged.

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  Stove Kraft shares likely to see stellar listing on BSE, NSE today; check grey market premium & more

  February 05, 2021 8:55 IST

  The shares of Stove Kraft will be listed on the BSE and NSE on Friday. Stove Kraft shares in the grey market are quoting a premium of Rs 35-40 apiece. 

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  Brookfield India REIT initial public offer subscribed 77 per cent

  February 04, 2021 21:13 IST

  The initial public offer of Brookfield India Real Estate Investment Trust (REIT) was subscribed 77 per cent on Thursday, the second day of subscription.

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  IRFC mops up USD 750 million in maiden bond sale after listing

  February 04, 2021 19:23 IST

  Indian Railway Finance Corporation (IRFC), which had a bumper IPO last month, has raised USD 750 million in 10-year dollar money from international investors, two merchant banking sources said. 

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  GoAir to connect Hyderabad with direct flight to Maldives

  February 04, 2021 17:34 IST

  Effective February 11, GoAir will operate a direct service four times a week Monday, Tuesday, Thursday and Sunday - between Hyderabad and Maldives, a release from the airline said. 

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  Future Retail CEO Kishore Biyani barred from securities market for 'insider trading'

  February 04, 2021 17:19 IST

  SEBI has barred Future Retail CEO Kishore Biyani from the securities market for a period of one year for insider trading.

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  Record high! Market capitalization of BSE listed companies touch Rs 200 lakh crore

  February 04, 2021 16:21 IST

  The total market capitalization of all BSE listed companies touched Rs 200 lakh crore for the first time on Thursday.

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  Markets at fresh highs; Sensex rallies 359 points, Nifty near 14,900

  February 04, 2021 16:09 IST

  Rallying for the fourth successive session, equity benchmark Sensex jumped 359 points to scale a fresh lifetime high on Thursday, led by gains in ITC, SBI and Kotak Bank. 

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  Meet the Indian-origin UAE businessman who is paying 'salary' to housewives of his staff

  February 04, 2021 16:00 IST

  UAE-based businessman Sohan Roy has announced to pay monthly salary to homemaker wives of employees. Roy owns Aries Group of Companies  

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  Gold Price Today: Gold declines Rs 322; silver tanks Rs 972

  February 04, 2021 15:36 IST

  Gold prices declined by Rs 322 to Rs 47,135 per 10 gram in the national capital on Thursday, recording fall for the fourth consecutive day, with drop in global precious metal prices and rupee appreciation, according to HDFC Securities. 

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  SBI Q3 Results: State Bank of India's standalone net falls 7% to Rs 5,196 crore

  February 04, 2021 14:59 IST

  The bank had posted net profit of Rs 5,583.36 crore in the October-December period of the previous fiscal.

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  Big Relief for Central Govt employees! No tax on THIS amount - check details

  February 04, 2021 14:19 IST

  In Budget 2021, Finance Minister Nirmala Sitharaman has proposed to provide tax exemption on cash allowance in lieu of Leave Travel Concession (LTC).

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  Reliance Marcellus sells its upstream assets in Pennsylvania for USD 250 mn

  February 04, 2021 11:56 IST

  A Purchase and Sale Agreement has been signed between Reliance Marcellus and NOG on February 3, 2021 for this sale and the transaction is subject to customary terms and conditions of closing.

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  Petrol, diesel prices soar to record high in Delhi, check new rates

  February 04, 2021 13:11 IST

  Petrol and diesel prices in Delhi touched new all-time highs on Thursday with oil marketing companies (OMCs) raising pump prices by 35 paise a litre.

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  Sensex drops over 140 points in early trade

  February 04, 2021 10:21 IST

  Equity benchmark Sensex declined over 140 points in early trade on Thursday as index-heavyweights Reliance Industries, Infosys and HDFC twins witnessed intense selling pressure.

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  LPG Cylinder Price Alert: Govt hikes cooking gas price from today

  February 04, 2021 19:09 IST

  The Government has also hiked the prices of the commercial cylinder by Rs 184 per unit. The revised rate of cooking gas cylinder will be effective from today i.e February 4 2021.

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  Bharti Airtel posts Rs 854 cr profit after six straight quarters of loss

  February 04, 2021 9:50 IST

  Bharti Airtel's India business surged 25.1 per cent to Rs 19,007 crore during the December quarter as against Rs 15,194 crore in the year-ago period.  

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  LIC IPO may hit market in Q4 of next fiscal: DEA Secretary

  February 03, 2021 22:43 IST

  The initial public offering of LIC may hit the market in the fourth quarter of next financial year, and the government has introduced amendments to the Life Insurance Corporation Act 1956 to facilitate this, Economic Affairs Secretary Tarun Bajaj said on Wednesday.

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  RBI imposes Rs 55 lakh penalty on THIS bank

  February 03, 2021 22:36 IST

  ​The RBI on Wednesday said it has imposed a Rs 55 lakh penalty on Pune-based Seva Vikas Cooperative Bank Limited for non-compliance with certain directions, including for not ensuring end-use of funds lent.  

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  RBI's MPC starts deliberations on monetary policy

  February 03, 2021 17:07 IST

  ​The Reserve Bank's rate-setting Monetary Policy Committee (MPC) began its meeting on Wednesday and is likely to hold interest rates and continue with accommodative policy stance so that necessary monetary action could be taken to push growth.