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  World Bank approves $12 billion to finance coronavirus vaccines, care

  October 14, 2020 16:50 IST

  The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people.

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  Sensex ends 169 points higher after fag-end rally

  October 14, 2020 16:03 IST

  Rallying for the 10th straight session, equity benchmark Sensex ended 169 points higher on Wednesday, led by gains in financial stocks amid largely positive cues from global markets. 

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  Flipkart bolsters partnerships with banks, NBFCs ahead of festive season

  October 14, 2020 13:47 IST

  Walmart-owned Flipkart on Wednesday said it will offer credit options through 17 banks, NBFCs and fintech players that will drive credit accessibility for customers during the upcoming festive season.

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  Indian economy will recover from coronavirus crisis with right policies: IMF official

  October 14, 2020 14:08 IST

  The International Monetary Fund in its annual World Economic Outlook significantly downgrades India's growth for the fiscal year 2020 to minus 10.3 pe

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  Only standard loan accounts as of March 1 can be recast under pandemic scheme: RBI

  October 14, 2020 12:52 IST

  The Reserve Bank of India (RBI) has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for restructuring under the pandemic-related resolution framework issued in August.  

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  Wholesale price inflation rises to 1.32% in September, against 0.16% in August

  October 14, 2020 12:50 IST

  ​The Wholesale Price Index (WPI) inflation has risen to 1.32 per cent for September as compared to 0.16 per cent in August, data published by the government showed on Wednesday.

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  Wipro share price falls 7% as Q2 results, buyback plan, acquisition fail to cheer investors

  October 14, 2020 11:52 IST

  ​Shares of IT services major Wipro on Wednesday plunged nearly 7 per cent in early trade on the bourses after the company posted 3.4 per cent decline in consolidated net profit for the September quarter.   

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  Apple loses up to $81 billion in market value as shares tumble 4% post iPhone 12 launch

  October 14, 2020 12:49 IST

  Apple stock fell as much as 4% on Tuesday as the tech giant unveiled its first slate of 5G- phones --- iPhone 12 range, erasing $81 billion worth of market value.

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  India among top 3 choices for future investments: Survey

  October 14, 2020 8:56 IST

  India will emerge as one of the top three choices for overseas investments in the next 2-3 years, a CII-EY FDI survey report showed on Tuesday.

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  Indian economy to contract by 10.3% in 2020; to bounce back with 8.8% growth in 2021: IMF

  October 13, 2020 20:18 IST

  The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year, the International Monetary Fund said on Tuesday.

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  Centre permits 20 states to raise Rs 68,825 crore via borrowing to meet GST shortfall

  October 13, 2020 20:01 IST

  The Centre on Tuesday permitted 20 states to raise Rs 68,825 crore through open market borrowings to bridge the GST revenue shortfall. 

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  With ₹24,000 cr net worth, Kamath brothers are richest self-made Indians under 40 | Full list

  October 13, 2020 20:01 IST

  Nithin Kamath, 40, and Nikhil Kamath, 34, co-founded India's first online brokerage platform Zerodha and grew it to become country's largest stockbroker by the number of clients.

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  Hookah bars banned in Chandigarh over coronavirus spread concerns

  October 13, 2020 18:54 IST

  The Chandigarh administration on Tuesday imposed a ban on hookah bars, saying they lead to transmission of coronavirus

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  Tanishq withdraws ad on interfaith family after #BoycottTanishq trends, faultilines deepen

  October 13, 2020 17:15 IST

  Jewellery brand Tanishq on Tuesday withdrew its ad showing an interfaith family following a sharp backlash on social media with some accusing the company of promoting ‘love jihad’ and ‘fake secularism’.

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  After Bajaj, Parle refuses to air their ads on ‘toxic’ news channels

  October 13, 2020 18:29 IST

  Parle Products, maker of the much-loved Parle G biscuits, has announced that they will not advertise on news channels that "broadcast toxic content" and are accused of spreading hate.

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  Reliance Jio becomes first telco to cross 40 crore subscribers mark

  October 13, 2020 16:42 IST

  Mukesh Ambani-owned Reliance Jio has become the first mobile service provider in the country to cross 40 crore customers mark. 

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  Wipro announces share buyback of Rs 9,500 crore; profit rises 3 per cent in July-September quarter

  October 13, 2020 19:40 IST

  Wipro, an Indian multinational corporation providing solutions in information technology field, consulting and business process, board on Tuesday approved a share buyback worth Rs 9,500 crore to reward stakeholders.

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  SBI Card to start festive season offers with cashback, discounts across various brands from Oct 1

  October 13, 2020 16:16 IST

  SBI Card on Tuesday said it has kick-started festive season offers in line with the changing shopping trends and customers will be offered discounts as well as cashback across a host of brands.

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  Sensex, Nifty end marginally higher after choppy trade; IT stocks shine

  October 13, 2020 16:07 IST

  Equity benchmarks Sensex and Nifty ended marginally higher after choppy trade on Tuesday amid mixed cues from the global markets.

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  Gold Price Today: Gold declines Rs 133, silver plunges Rs 875

  October 13, 2020 15:41 IST

  Gold prices fell Rs 133 to Rs 51,989 per 10 gram in the national capital on Tuesday, witnessing the first decline in three days amid a weak global trend, according to HDFC Securities. 

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  Grofers onboards 60 campus hires from premier institutions across India

  October 13, 2020 14:47 IST

  ​Online grocery delivery platform Grofers on Tuesday said it has inducted a batch of 60 people from premier B-schools and engineering colleges in India, including IIT Delhi and IIM Bangalore.  

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  5G to help add $8 trillion to global GDP by 2030: Nokia

  October 13, 2020 14:32 IST

  As Covid-19 accelerates medium and long-term digital investment and value creation, 5G-enabled industries have the potential to add $8 trillion to global GDP by 2030, suggests new research from Finnish telecom gear maker Nokia.

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  Aadhaar PVC Card: UIDAI releases all new pocket-sized Aadhaar card. How to apply online

  October 13, 2020 13:43 IST

  UIDAI has allowed Aadhaar reprint on polyvinyl chloride (PVC) card that individuals can now order online. Aadhaar PVC card will be delivered by Speed Post within five working days (excluding the date of request).

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  Vodafone Idea inks pact with IBM on data transformation

  October 13, 2020 13:30 IST

  Telecom major Vodafone Idea Limited (VIL) on Tuesday announced that it has selected IBM Services to help it embrace open source at scale across the enterprise by implementing the big data platform on open source Hadoop framework.

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  Infosys shares hit 52-week high. Details here

  October 13, 2020 13:04 IST

  IT services major Infosys has hit a fresh 52-week high of Rs 1,146.50 apiece for the second consecutive day on the BSE, gaining over one percent.

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  SBI online banking services down due to connectivity issues; ATMs, POS machines working

  October 13, 2020 13:23 IST

  The online banking services of State Bank of India (SBI) have been hit by connectivity issues, the bank informed in a tweet on Tuesday. However, the bank added that the ATMs and point of sale (POS) machine services are functional.

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  Paytm payment gateway announces same-day bank settlement

  October 13, 2020 11:16 IST

  Paytm on Tuesday announced the same-day settlement facility for all kinds of fund transfers on its payment gateway that will help businesses that depend upon immediate availability of funds to pay down-stream partners.

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  Sensex, Nifty start on tepid note; UltraTech Cement top gainer

  October 13, 2020 10:47 IST

  Equity benchmarks Sensex and Nifty opened on a cautious note on Tuesday as market participants preferred to book profits at higher levels after an eight-session market rally.