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  Loan moratorium: Lenders to credit ‘interest on interest’ to borrowers by Nov 5, Centre tells SC

  October 27, 2020 12:48 IST

  The Centre has informed the Supreme Court that lenders have been directed to credit in the accounts of eligible borrowers by November 5 the difference between compound interest and simple interest collected on loans of up to Rs 2 crore during the RBI’s loan moratorium scheme.  

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  Sensex drops over 100 points in early trade; Nifty below 11,750

  October 27, 2020 10:14 IST

  Equity benchmark Sensex dropped over 100 points in early trade on Tuesday, tracking losses in index majors Reliance Industries, ICICI Bank and Infosys amid negative cues from global markets.

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  Are you a RuPay card user? Here's how you can get upto 65% discount

  October 26, 2020 20:29 IST

  The NPCI will provide discounts up to 65 percent on the various branded items purchase using RuPay card.

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  Sensex plunges 540 points; Reliance Industries tanks 4 percent

  October 26, 2020 16:46 IST

  Equity benchmark Sensex plunged 540 points on Monday, tracking heavy losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid negative cues from global markets.

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  Future Retail hints at challenging arbitration award against its deal with Reliance

  October 26, 2020 16:22 IST

  Kishore Biyani-led Future Retail on Monday hinted at challenging an arbitration order that put a temporary hold on its Rs 24,713 crore deal to sell assets to Reliance Industries.

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  'No merger with Kotak Mahindra Bank', Indusind Bank dismisses reports as 'baseless'

  October 26, 2020 11:10 IST

  Indusind Bank on Monday dismissed the reports about its merger with Kotak Mahindra Bank, a day after the deal street was abuzz with related speculations. In an official statement, the Indusind Bank said the rumour was "malicious, untrue and baseless".

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  Sensex sheds over 150 points in early trade; Nifty below 11,900

  October 26, 2020 9:58 IST

  Equity benchmark Sensex dropped over 150 points in early trade on Monday, tracking losses in index majors Reliance Industries, ICICI Bank and Tata Steel amid negative cues from global markets. 

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  Amazon gets interim relief; Future-Reliance deal put on hold

  October 25, 2020 22:08 IST

  Amazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold.

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  Reliance rolls back salary cuts, offers bonus

  October 25, 2020 20:53 IST

  The firm is also offering an advance 30 per cent of the variable pay from the next year's salary to its lakh-plus employees as a goodwill gesture for working during the pandemic, two persons familiar with the matter said.

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  Onion price drop by up to Rs 10/kg after govt action against hoarding

  October 25, 2020 18:56 IST

  Wholesale onion prices fell by up to Rs 10 per kg in key consuming markets such as Delhi, Mumbai and Chennai with increase in arrival of the perishable commodity after the government imposed stock limits on traders to check hoarding and price rise, government data showed.

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  Yes Bank lacked cost control; aim to cut op expenses by 20 pc in FY21: CEO Prashant Kumar

  October 25, 2020 14:26 IST

  The city-based lender is experiencing delays in loan recovery efforts as big defaulters are approaching courts, its new chief executive and managing director Prashant Kumar told PTI.

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  MMR, Pune may outperform other cities in festive housing sales

  October 25, 2020 12:36 IST

  Citing the trend in the past five years, the Anarock report said that MMR and Pune are likely to witness the highest growth in housing sales during the ongoing festive quarter -- by 36 per cent and 34 per cent -- respectively.

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  Recognised PFs can invest in 'A' or higher rated securities: CBDT

  October 25, 2020 11:52 IST

  The CBDT has now amended I-T rules, thereby diluting norms for investment purposes to bonds with minimum 'A' rating, as against the earlier requirement of 'AA' rating

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  LIC IPO may spill over to next fiscal as govt looks at valuation of insurer

  October 25, 2020 11:44 IST

  A stake sale in LIC is crucial for meeting a record Rs 2.1 lakh crore disinvestment target set for the current fiscal ending March 31, 2021

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  Planning to buy gold coins this Dhanteras-Diwali? A quick guide before you proceed

  October 27, 2020 14:31 IST

  Buying a gold coin or jewellery on the occasion of Dhantera and Diwali is not just a tradition in India but also considered a wise investment. Besides financial value, gold has social value as well.

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  Onions to cost Rs 35 per kg in bazaars of Hyderabad

  October 24, 2020 19:49 IST

  The Telangana government on Saturday decided to sell onions at Rs 35 per kilo at the government-run 'Rythu Bazaars' here in the wake of a sharp rise in the price of the edible bulb in the open market.

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  Dubai-based Indian teen turns school project into family business

  October 24, 2020 17:04 IST

  A Dubai-based Indian teenager has turned a school project into a family business after his father was amazed at how the product turned out, a media report said on Saturday.

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  GST Return FY19: CBIC extends deadline for filing GSTR-9, GSTR-9C filing till Dec 31

  October 24, 2020 16:34 IST

  GSTR Filing FY19: The Central Board of Indirect Taxes & Customs (CBIC) has extended the deadline for filing GST annual returns (GSTR-9) and Reconciliation Statement (GSTR-9C) for FY 2018-19 by two months till December 31, 2020.

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  ITR Filing FY19-20: Income tax return filing deadline extended till Dec 31

  October 24, 2020 16:43 IST

  ITR Filing: The last date for Income Tax Return (ITR) filing by individual taxpayers for FY 2019-20 has been extended by a month by the Income Tax Department. All Income Tax Returns can now be filed latest by December 31, 2020.

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  Maharashtra invites Tesla to invest in state, discussions held

  October 23, 2020 23:17 IST

  In a bid to attract more investments in the state and increase employement opportunities, Maharashtra has held discussions with electric car major Tesla and invited the company to invest in the state, weeks after the American firm revealed its plans to enter the Indian market in 2021.

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  Second wave of COVID-19 could hamper nascent recovery: RBI Governor Shaktikanta Das

  October 23, 2020 21:19 IST

  RBI Governor Shaktikanta Das has said the risk of a second wave of COVID-19 could put sand in the wheels of the nascent recovery while his deputy M D Patra opined that it might take years to regain the output lost on account of the pandemic.

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  Delhi Metro and SBI jointly launch 'credit-cum-smart card' with auto-top up facility; see features

  October 23, 2020 17:56 IST

  The credit card facility will automatically recharge a top-up value of Rs 200 to the card from the user's linked card/bank account. In addition, this combo card can also be used for all regular credit card transactions.

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  Govt imposes stock holding limit on onion traders to check prices

  October 23, 2020 17:29 IST

  The government has imposed a stock holding limit on onion traders to check prices, the Consumer Affairs Secretary Leena Nandan said on Friday.

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  Amazon refuses to appear before Parliament committee on Data Protection Bill

  October 23, 2020 16:50 IST

  Amazon in its response to the government after being summoned by a Joint Committee of Parliament (JPC) over issue of protection of data and privacy said that owing to risks involved with travelling, its subject matter experts will not be able to appear.

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  Gold Price Today: Gold declines Rs 75, silver rises by Rs 121

  October 23, 2020 16:15 IST

  Gold prices declined by Rs 75 to Rs 51,069 per 10 gram in the national capital on Friday, according to HDFC Securities.

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  Sensex ends 127 points higher; Nifty reclaims 11,900-level

  October 23, 2020 16:06 IST

  Equity benchmark Sensex ended 127 points higher on Friday, primarily led by gains in auto, metal and power sector stocks amid positive cues from global markets.

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  Dr Reddy's isolates data centres services following cyber-attack

  October 23, 2020 12:53 IST

  Dr Reddy’s Laboratories recently received regulatory approvals to conduct human trials of a Covid-19 vaccine candidate developed by a Russian research institute.

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  Flipkart to buy 7.8% stake in India's Aditya Birla Fashion for Rs 1500 crore

  October 23, 2020 11:53 IST

  Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday said its board has approved plans to raise Rs 1,500 crore by issuing 7.8 per cent stake on a preferential basis to Walmart-owned Flipkart Group.