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  Sensex hits 43,000-mark for first time; Nifty tops 12,600

  November 10, 2020 16:26 IST

  Extending its winning streak for the seventh straight session, equity benchmark Sensex soared 680 points to scale another lifetime high on Tuesday, tracking a global market rally driven by Pfizer's COVID-19 vaccine trials data.

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  Sensex records new high, jumps over 43,000 points; Nifty over 12,600

  November 10, 2020 13:59 IST

  Sensex crossed 43,000 points benchmark for the first time ever in the afternoon trade on Tuesday, as its gained more than 500 points.

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  High gold prices increased demand for gold loans amid pandemic: WGC Report

  November 10, 2020 12:10 IST

  Incessant surge in gold prices led to higher demand for gold loans amid the pandemic and increased the asset under management of major gold loan NBFCs, according to a report by World Gold Council (WGC).

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  Market opens at record high; Sensex rallies over 350 points

  November 10, 2020 10:23 IST

  Equity benchmark Sensex opened over 350 points higher to hit its record intra-day level on Tuesday, tracking a global market rally driven by Pfizer's progress in the development of COVID-19 vaccine amid persistent foreign fund inflow.

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  Google comes under CCI lens again; regulator orders probe into payments system, Google Pay

  November 09, 2020 21:44 IST

  The Competition Commission of India (CCI) on Monday ordered a detailed probe against internet giant Google for alleged unfair business practices with respect to Google Pay as well as Google Play's payment system. 

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  Chhattisgarh announces incentives under new industrial policy | What we know

  November 09, 2020 19:16 IST

  Chhattisgarh has notified 21 important amendments in its new Industrial Policy 2019-24, offering small and medium industries the options of capital subsidy in cash or GST benefits. Till date, only micro industries were eligible for cash grant.

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  SAIL introduces 'shorter working period scheme' for employees to facilitate better work-life balance

  November 09, 2020 19:10 IST

  The country's largest steel maker, Steel Authority of India Ltd (SAIL) has introduced 'Shorter Working Period Scheme' for facilitating its employees to attain a better work-life balance.

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  Uber brings its PIN-dispatch feature to Delhi airport to reduce wait times for travellers

  November 09, 2020 15:42 IST

  Ride hailing major Uber on Monday said it has launched its 'PIN-Dispatch' feature at Delhi airport, aimed at reducing wait time and enhancing rider experience. The feature, which is already available at Bengaluru and Hyderabad airports, will be available at Terminal 3 of Indira Gandhi International Airport.

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  Sebi orders attachment of bank, demat, MF accounts of Rainbow Industries, directors

  November 09, 2020 14:57 IST

  Markets regulator Sebi has ordered attachment of bank accounts as well as share and mutual fund holdings of Rainbow Industries and Constructions and its two directors to recover over Rs 11 crore.

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  Bank of Maharashtra: Loans to get cheaper as lender cuts repo-linked lending rate by 15 bps

  November 09, 2020 14:35 IST

  State-owned Bank of Maharashtra has reduced its repo linked lending rate (RLLR) by 15 basis points to 6.90 per cent. The lender's retail and MSME loans are linked to RLLR. The new rates are effective from November 7.

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  Airtel Payments Bank partners with Bharti AXA General for motor insurance

  November 09, 2020 13:15 IST

  The insurance comes with a personal accident cover for the policyholder. In the event of an accident leading to permanent disablement or loss of life, the policy ensures financial protection for the family.

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  Over 1 lakh Wipro employees to get pay hike with promotions from December 1

  November 09, 2020 11:58 IST

  Wipro will roll out salary hike for nearly 80 per cent of its employees along with promotions for high performers effective from December 1. The Bengaluru-bases IT major exporter is reportedly considering rolling out single-digit salary increment for eligible employees at the B3 and below levels.

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  Paytm to double loan disbursement to Rs 1,000 cr for MSMEs

  November 09, 2020 10:17 IST

  The company expanded collateral-free loans of up to Rs 500,000 at a low-interest rate and unique daily EMI product customised for micro-merchants.

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  Sensex at all-time high, rises over 600 points to breach 42,500-mark , Nifty above 12,400

  November 09, 2020 10:57 IST

  Sensex and Nifty opened with gains on Monday morning. While Sensex opened over 500 points to touch 42,473, all-time high, the Nifty jumped over 135 points to cross the 12,400-mark.

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  Sovereign gold bonds open for subscription today: Things to know

  November 09, 2020 9:30 IST

  The eighth series of Sovereign Gold Bond Scheme 2021-21 will be thrown open for subscription today. The scheme will close on November 13.

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  Diwali cheer! Modi govt to deposit Rs 2,000 in farmers' bank account soon

  November 09, 2020 11:00 IST

  PM Kisan Samman Nidhi Yojana: The seventh installment of Rs 2000 will be deposited in bank accounts of farmers by November end.

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  COVID-19 impact: Singapore Airlines reports half year loss of USD2.6 billion

  November 09, 2020 8:34 IST

  A historic first-half net loss of SGD3.5 billion (USD2.6 billion) at the close of market has been reported by Singapore Airlines (SIA), due to the impact of travel curbs caused by the COVID-19 pandemic.

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  Modi govt offering discount on gold ahead of Dhanteras-Diwali, invest now to get extra 2.5% return

  November 09, 2020 14:40 IST

  Modi government offers discount on gold ahead of Diwali: Sovereign Gold Bond attracts an extra return of 2.5 per cent every year. This return is over and above the gold price return.

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  BOC delivers first of four Airbus A321NEO aircraft to Indigo

  November 09, 2020 7:28 IST

  BOC Aviation Limited has delivered the first of four new Airbus A321NEO aircraft on lease to IndiGo, an official statement said Monday.

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  Now no need of affidavit form to claim unemployment benefit from ESIC

  November 08, 2020 23:01 IST

  In a significant decision to provide relief to the beneficiaries of Atal Beemit Vyakti Kalyan Yojana (ABVKY), the Employee State Insurance Corporation (ESIC) has relaxed conditions for seeking claims for unemployment benefits, doing away with the requirement to submit affidavit form by claimants.

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  Indian Overseas Bank seeks about Rs 1,000 crore capital support from govt

  November 08, 2020 11:31 IST

  Indian Overseas Bank (IOB) has sought a capital support of about Rs 1,000 crore from the government in order to create buffer for any exigency, a top official of the bank said.

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  Planning early retirement? Here's how you can become a crorepati at 40 and get rid of your job!

  November 08, 2020 11:10 IST

  Crorepati at 40, Early retirement: A careful planning and a strict financial discipline like selecting right schemes and a regular investment can help you become a crorepati at 40 and get rid of your job.

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  Bigbasket faces data breach; details of 2 crore users put on sale on dark web

  November 08, 2020 9:02 IST

  In a potential data breach, details of around 2 crore users of grocery e-commerce platform Bigbasket may have been leaked, news agency PTI quoted cyber intelligence firm Cyble as saying. The company said that a hacker has put data allegedly belonging to Bigbasket on sale for around Rs 30 lakh.   

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  FASTags mandatory for all four wheelers from January 1

  November 07, 2020 22:05 IST

  To further augment electronic toll collection, the government on Saturday said it has made FASTags mandatory for all four-wheelers including old vehicles from January 1, 2021.

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  Economy expected to bounce back from next fiscal: SBI Chairman

  November 07, 2020 14:35 IST

  The country's economy, which has shown resilience to come out from a downturn caused by the COVID-19 pandemic, is expected to bounce back from the next fiscal, State Bank of India chairman Dinesh Kumar Khara said on Saturday.

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  Soverign Gold Bond: RBI fixes issue price at Rs 5,177 per gram ahead of Diwali

  November 07, 2020 8:38 IST

  The issue price for the Sovereign Gold Bond has been fixed at Rs 5,177 per gram of gold, the Reserve Bank of India said in a statement on Friday. The Sovereign Gold Bond Scheme 2020-21-Series VIII will be opened for subscription from November 9 to 13, 2020.  

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  Wholesale dealers will not be allowed to store more than 25 MT of potato and onion: West Bengal govt

  November 06, 2020 23:45 IST

   To control the rising price of onion and potato, the West Bengal government has issued a directive that no wholesale dealer will be allowed to storemore than 25 MT and those having small businesses not more than two MT of two the vegetables, an official said on Friday.

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  Gold Price Today: Gold rises Rs 791; silver zooms Rs 2,147

  November 06, 2020 16:43 IST

  Gold prices rose by Rs 791 to Rs 51,717 per 10 grams in the national capital on Friday, rallying for the third consecutive day, supported by rally in global precious metal prices, according to HDFC Securities.