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  Sensex, Nifty continue record run in opening session

  December 29, 2020 10:23 IST

  On Monday, the Sensex had settled up by 380.21 points or 0.81 per cent at its all-time closing high of 47,353.75; and the Nifty too had risen by 123.95 points or 0.90 per cent to a new closing high of 13,873.20.

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  US stocks hit record high after Trump signs 900 billion Covid relief bill

  December 29, 2020 10:13 IST

  US stocks hit record highs after President Donald Trump signed the latest COVID-19 relief bill into law, ending the stand-off on the issue that had held up financial aid for Americans affected by the pandemic.

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  Dedicated Freight Corridor: PM Modi inaugurates New Bhaupur-New Khurja section of EDFC

  December 29, 2020 12:00 IST

  The 351-km New Bhaupur-New Khurja section of the EDFC is situated in Uttar Pradesh and has been built at a cost of Rs 5,750 crore.

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  Maintaining 4 per cent inflation appropriate for India: RBI paper

  December 28, 2020 21:34 IST

  Under the current dispensation, the RBI has been mandated by the government to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.

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  Finance Ministry releases weekly instalment of Rs 6,000 crore to meet GST shortfall

  December 28, 2020 20:17 IST

  The Ministry of Finance in a statement said it has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.  

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  Govt allows onion export from January 1

  December 28, 2020 22:14 IST

  The government on Monday allowed the export of onions with effect from January 1, 2021.

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  Recruiters optimistic for 2021; foresee hiring to recover to pre-Covid levels: survey

  December 28, 2020 19:39 IST

  With the market recovering gradually there is optimism among employers as 26 per cent of recruiters interviewed expect hiring to rebound to the pre-COVID levels within next 3-6 months while 34 per cent opined it may take six months to one year, according to a survey.  

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  Gold Price Today: Gold rises Rs 185, silver jumps by Rs 1,322

  December 28, 2020 18:18 IST

  Gold prices on Monday rose Rs 185 to Rs 49,757 per 10 gram in the national capital, in line with the rally in price of the precious metal globally, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 49,572 per 10 gram.

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  ITR Filing: How to file Income Tax Return with SBI's free facility

  December 28, 2020 16:10 IST

  ​The deadline to file tax returns is just a few days away. If you are an SBI customer and yet to file your income tax return, you can do so for free. The State Bank of India is offering a new facility to its users to file their income tax return (ITR) for free through the YONO app.

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  Gold, silver prices spike as Trump signs 900 billion COVID relief bill

  December 28, 2020 13:12 IST

  Futures of gold and silver surged on Monday tracking rise in the international markets after US President Donald Trump signed a much-awaited coronavirus relief and stimulus package into law.

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  National Savings Certificate: What makes NSC a great investment option

  December 29, 2020 7:50 IST

  The National Savings Certificate (NSC) is a popular small-savings tool. Promoted by the Central government, the NSC comes with guaranteed returns and tax-saving benefits.

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  Sensex, Nifty race to new peaks in early deals

  December 28, 2020 10:03 IST

  On the last trading day, Thursday, of the previous week, the 30-share Sensex had surged 529.36 points or 1.14 per cent to close at 46,973.54. The broader NSE Nifty had zoomed 148.15 points or 1.09 per cent to 13,749.25.

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  Sovereign Gold Bonds: Subscription opens today. Should you invest?

  December 28, 2020 8:12 IST

  Sovereign Gold Bonds: SGBs are government-backed securities. The bonds are denominated in grams of gold (999 purity). The RBI issues these bonds on behalf of the government.

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  Traders urge Finance minister, GST council to modify new GST notification

  December 27, 2020 20:42 IST

  Trading community on Sunday urged Union Finance Minister Nirmala Sitharaman and Goods and Goods and Services Tax (GST) Council to withdraw certain provisions of the new GST notification issued a few days back.  

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  Income Tax Returns: Over 4.15 crore ITRs for fiscal 2019-20 filed till Dec 26

  December 27, 2020 18:22 IST

  As the deadline to file ITR by individuals nears, the tax department also urged people to file their ITR for assessment year (AY) 2020-21 early to avoid last minute rush.

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  LED TV, refrigerator, washing machine costs set to go up by 10% from January

  December 27, 2020 17:10 IST

  ​Electrical appliances could cost more in the year 2021. It is expected that prices for LED TV and appliances such as refrigerator, washing machines will go up from January onward on account of the rise in costs of key input materials like copper, aluminium, steel and increase in ocean and air freights charges.   

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  Govt extends validity of driving license, vehicle registration till March 31

  December 27, 2020 16:52 IST

  The validity of motor vehicle documents like driving licence (DL), registration certificate (RC) and permits has been extended by the Union Transport Ministry till March 31, 2021, in view of the ongoing COVID-19 pandemic.

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  Mandatory 1% GST liability from January 1: Who all will have to pay? Here's your cheat sheet

  December 27, 2020 22:59 IST

  About 45,000 taxpayers, which equals to only 0.37 percent of the total businesses registered in the Goods and Services Tax System, will be required to fulfill the mandatory requirement of a 1% percent cash system of GST liability with effect from January 1.

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  Employees seek extension of benefits in case of Air India privatisation

  December 27, 2020 14:47 IST

  On provident fund, the union said that there are two separate Provident Fund trusts in erstwhile Air India and erstwhile Indian Airlines which are governed by the 1925 PF Trust Act.

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  Global trends to guide markets this week; indices may witness volatility: Analysts

  December 27, 2020 14:11 IST

  With no major domestic event lined up this week, equity markets would look at global trends, updates over the new virus strain and progress on vaccination to derive cues for further movement, analysts said. Equity markets may also witness volatility amid the monthly derivative expiry.

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  Bitcoin at all-time high, value surges past $26,000

  December 27, 2020 13:18 IST

  Bitcoin, the world's most popular cryptocurrency, has surged past the USD 26,000 level to set an all-time record high, according to trading data. On Binance, the largest cryptocurrency exchange by trading volume, Bitcoin was trading at USD 26,286.74, as of 20:45 GMT on Saturday.

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  Mandatory 1% cash payment of GST liability from January 1, applicable to 45000 taxpayers

  December 26, 2020 17:59 IST

  The mandatory requirement of 1 percent cash payment of GST liability with effect from January 1 would be applicable to about 45,000 taxpayers, which is only 0.37 per cent of the total businesses registered in the Goods and Services Tax system, Revenue Department sources said on Saturday.  

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  SBI, Punjab and Sind Bank allegedly cheated of over Rs 131 crores; CBI registers cases

  December 26, 2020 16:12 IST

  ​The State Bank of India and Punjab and Sind Bank have been allegedly cheated of over Rs 131 crores in two separate cases of fraud.

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  India to become 5th largest economy in 2025, 3rd largest by 2030

  December 26, 2020 12:52 IST

  India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030, a think tank said on Saturday. 

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  Bank Holidays in 2021: January to December, complete list of bank holidays in 2021

  December 26, 2020 12:57 IST

  The bank holidays are listed by State Government, Central Government, and Union Territories under the Negotiable Instruments Act, 1881. Also, holidays declared by the central government apply to both public and private sector banks.

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  Myntra sells 1.1 crore items to 32 lakh customers in 5 days

  December 26, 2020 8:33 IST

  Fashion ecommerce platform Myntra on Friday said it sold 1.1 crore items to more than 32 lakh customers during its 13th, five-day End of Reason Sale that ended on December 24.

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  India's GDP: Quickest to fall, fastest to recover

  December 25, 2020 23:17 IST

  The covid-19 induced turmoil showed weakness as well as resilience of India's economy in 2020, as the country's GDP recorded abysmal fall and breathtaking recovery.

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  User fee collection through FASTag crosses Rs 80 cr per day with record 50 lakh transactions: NHAI

  December 25, 2020 19:06 IST

  With FASTag being mandatory for vehicles from January 1, 2021, the NHAI has made all necessary arrangements to provide seamless movement of vehicles at toll plazas.