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  Amazon Fresh extends operations to Kolkata, Chennai, Ahmedabad, Pune

  November 05, 2020 18:03 IST

  Amazon India on Thursday announced the launch of 'Amazon Fresh' at Kolkata, Ahmedabad, Pune and Chennai.

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  Saudi Arabia's PIF invests Rs 9,555 crore in Reliance Retail

  November 05, 2020 17:51 IST

  Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore.

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  Gold Price Today: Gold rises Rs 158, silver jumps Rs 697

  November 05, 2020 16:16 IST

  Gold prices rose in the national capital by Rs 158 to Rs 50,980 per 10 gram on Thursday, supported by a rally in global prices, according to HDFC Securities.

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  BSE, NSE to hold 1-hour special Diwali muhurat trading session on Nov 14. Check timings 

  November 05, 2020 16:10 IST

  Leading stock exchanges BSE and NSE will conduct a one-hour special muhurat trading session on November 14, on the occasion of Lakshmi Puja, which takes place ahead of Diwali celebrations.

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  Sensex surges 724 points; Nifty tops 12,100

  November 05, 2020 16:08 IST

  Rallying for the fourth straight session, the Sensex surged 724 points on Thursday to close above the 41,000-mark on across-the-board buying amid a strong trend in the global markets despite uncertainty over the US poll outcome.

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  Loan moratorium: Banks start crediting cashback in accounts of customers

  November 05, 2020 14:44 IST

  Banks have started depositing the interest amount charged on interest on loans and credit card EMIs during the moratorium period.

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  Loan moratorium: RBI urges SC to lift interim order banning declaration of NPAs

  November 05, 2020 13:34 IST

  In a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim order on September 3.

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  Gold and Silver Rates Today: Gold rises above Rs 50,000/10 gm, Silver prices higher by Rs 928

  November 05, 2020 13:06 IST

  Currently, the December contract of Gold futures on the MCX is trading at Rs 51,281 per 10 gram higher by Rs 461 or 0.91 per cent from the previous close.

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  Sensex rallies over 500 points to reclaim 41,000-mark, Nifty tops 12,000 level

  November 05, 2020 10:25 IST

  Equity benchmark Sensex rallied over 500 points in early trade on Thursday, tracking gains in index-heavyweights Reliance Industries, Infosys and SBI, amid positive cues from global markets.

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  HPCL to buyback 10 crore shares at Rs 250 a piece

  November 05, 2020 8:40 IST

  Oil refining and marketing company Hindustan Petroleum Corporation Ltd (HPCL) on Wednesday said that its board has approved proposal to buyback upto 10 crore shares, representing 6.56 per cent of paid-up equity capital of the company, at Rs 250 per share.  

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  Airlines' 60% capacity cap extended till February

  November 05, 2020 8:36 IST

  ​The limited domestic passenger flight capacity, of up to 60 per cent of pre-Covid level, has been extended till February 24, 2021.  

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  Maharashtra allows cinema halls, multiplexes to reopen with 50 per cent capacity from Nov 5

  November 04, 2020 18:56 IST

  Maharashtra government on Wednesday allowed cinema halls, theatres, multiplexes to open with 50 per cent of their seating capacity in areas outside containment zones from November 5, as state with one of the maximum number of coronavirus cases, unlocks in phased manner.

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  BharatPe appoints ex-Union Bank Chairman Kewal Handa as Independent Director

  November 04, 2020 18:14 IST

  BharatPe, a merchant payment company, today announced the appointment of Kewal Handa as an Independent Director. Formerly associated with Union Bank of India and Pfizer, Mr Handa will be joining the Founders – Ashneer and Shashvat, Jitendra Gupta (ex PayU) and Micky Malka (Ribbit) on the Board of BharatPe.

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  Sensex rallies 355 points; Nifty reclaims 11,900

  November 04, 2020 16:26 IST

  Rising for the third straight session, the Sensex rallied 355 points on Wednesday following gains in Reliance Industries, Infosys, and Kotak Bank amid a positive trend in global markets ahead of the outcome of the US presidential elections.

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  Indian services sector registers growth in Oct for first time since Feb: PMI

  November 04, 2020 11:44 IST

  Indian service sector activity ended the seven-month sequence of decline and registered growth in October, supported by improved market conditions amid easing COVID-19 restrictions, a monthly survey said on Wednesday.

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  Bank of Baroda rolls back cash deposits, withdrawals charges after public outcry

  November 04, 2020 10:57 IST

  Bank of Baroda had made certain changes with effect from November 1, 2020, with regard to the number of free cash deposits and withdrawals per month. Opposition political parties had also protested against the move.

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  Sensex climbs over 180 points in early trade; Nifty hovers around 11,800

  November 04, 2020 10:27 IST

  Equity benchmark Sensex surged over 180 points in early trade on Wednesday, tracking gains in IT stocks and ahead of the outcome of the US presidential elections. 

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  Banks to issue new 9 lakh KCC in West Bengal by Dec 15

  November 04, 2020 8:23 IST

  The state government wants 22 lakh new kcc be issued by the banks till Boro/Rabi crop deadline of December 15, the official said.

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  Haryana govt to give exemption in electricity duty for 20 years to industries

  November 03, 2020 22:56 IST

  Haryana Deputy Chief Minister Dushyant Chautala on Tuesday said the state government has decided to give exemption in electricity duty for 20 years under the Haryana Enterprises and Employment Policy 2020 (HEEP) to attract more industries in the state.

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  Sitharaman to unveil another economic stimulus soon, says Economic Affairs Secretary

  November 03, 2020 19:41 IST

  Finance Minister Nirmala Sitharaman will soon announce the next set of stimulus package to boost the coronavirus-hit economy, Economic Affairs Secretary Tarun Bajaj said on Tuesday.

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  Kolkata airport first outside US, Canada for new Uber feature rollout

  November 03, 2020 18:58 IST

  Uber India on Tuesday announced the launch of a new feature in the city airport that is first outside of the United States and Canada.

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  Ola in talks with various state govts to start e-scooter manufacturing in India

  November 03, 2020 18:26 IST

  Ola is in talks with various state governments to set up India's largest e-scooter manufacturing plant, according to sources. 

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  Sebi introduces code of conduct for mutual fund managers, dealers

  November 03, 2020 14:03 IST

  Fund managers and dealers of AMCs will now be more accountable as market regulator Securities and Exchange Board of India (Sebi) has introduced a code of conduct. 

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  GST borrowing quantum has to be reasonable, will continue to request states to join: Fin Secy

  November 03, 2020 13:49 IST

  The quantum of borrowing to meet states' GST revenue shortfall has to be "reasonable" considering its economic impact and the Centre will continue to request the opposition-ruled states to opt for the proposed borrowing plan, Finance Secretary Ajay Bhushan Pandey has said.

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  Sensex rallies over 400 points in early trade; Nifty hovers around 11,800

  November 03, 2020 10:01 IST

  Equity benchmark Sensex rallied over 400 points in early trade on Tuesday, tracking gains in index-heavyweights HDFC twins, ICICI Bank and TCS amid positive cues from global markets ahead of the US presidential election.

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  IMF chief economist urges more fiscal stimulus to boost recovery

  November 03, 2020 7:47 IST

  Gopinath suggested that fiscal authorities can actively support demand through cash transfers to support consumption and large-scale investment in medical facilities, digital infrastructure and environment protection.

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  RBI increases market trading hours from Nov 9

  November 02, 2020 19:58 IST

  The Reserve Bank on Monday announced phased restoration of trading hours for various debt as well as currency market from November 9 as the country has started graded roll-back of the lockdown.

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  Onion costliest at Rs 100/kg in Bengaluru; lowest at Rs 35/kg in just 2 cities

  November 02, 2020 18:56 IST

  Onion, a politically-sensitive commodity, remained costliest in the retail markets of Bengaluru at Rs 100 per kg on Monday despite Karnataka being the third-largest producer of the kitchen staple in the country, according to government data.