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  Positive pay system for cheque payments to come into effect from Jan 1: RBI

  September 25, 2020 21:49 IST

  In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the 'positive pay system' for cheque, under which re-confirmation of key details may be needed for payments beyond Rs 50,000. 

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  Hydrogen-powered airplane by 2035. Airbus has the plan

  September 25, 2020 20:10 IST

  Airbus has announced its plans to develop the world’s first zero-emission commercial aircraft by 2035. The company is currently working on three concept designs for hydrogen-powered aircraft equipped with zero-emission technology, which can reduce aircraft’s emissions by up to 50%.

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  Telangana allows pubs, bars to reopen

  September 25, 2020 19:28 IST

  Telangana government on Friday allowed to reopen pubs, bars and tourism bars in the state with immediate effect.

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  Hetero launches pack of generic coronavirus drug favipiravir at Rs 2,640

  September 25, 2020 18:57 IST

  Favivir 800/200 will be available in a pack containing 16 tablets of favipiravir 800 mg and 2 tablets of favipiravir 200 mg priced at Rs 2,640 per pack, Hetero said in a statement.

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  CBDT launches faceless income tax appeals

  September 25, 2020 18:05 IST

  The Central Board of Direct Taxes (CBDT) on Friday launched the Centre's much-publicised reform measure of faceless income tax appeals. 

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  Gold Price Today: Gold rises by Rs 324, silver jumps Rs 2,124

  September 25, 2020 16:51 IST

  Gold prices rose by Rs 324 to Rs 50,824 per 10 gram in the national capital on Friday, halting its four-day decline on recovery in international price of the precious metal, according to HDFC Securities. 

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  Vodafone wins arbitration against India over Rs 20,000 cr retrospective tax dispute

  September 25, 2020 18:44 IST

  UK telecom major Vodafone Group Plc on Friday won an international arbitration against India over retrospective tax demand of ₹20,000 crore.

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  Sensex snaps 6-day losing streak, rallies 835 points to reclaim 37k-mark

  September 25, 2020 16:09 IST

  Snapping its six-day falling streak, equity benchmark Sensex rallied 835 points on Friday to reclaim the 37,000-mark on across-the-board buying amid mixed global cues.

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  Diesel price falls again after 2-day pause, no relief on petrol

  September 25, 2020 14:39 IST

  Diesel price continued to decline on Friday after a two-day pause as the product prices fell globally while crude prices remained steady. Oil marketing companies, however, kept petrol prices unchanged for the third consecutive day.

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  Reliance Jio starts in-flight mobile services in 22 international airlines; Packs listed

  September 24, 2020 21:34 IST

  The launch of the service makes Jio the first Indian mobile service provider and second Indian telecom company after Tata Group's Nelco to start in-flight communication services.

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  Rupee tumbles 32 paise to nearly one-month low against USD

  September 24, 2020 19:06 IST

  The rupee dived 32 paise to touch a near one-month low of 73.89 against the US dollar on Thursday, following massive sell-offs in equities and concerns over continuous surge in COVID-19 cases.

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  Harley-Davidson exits India due to low sales, shuts down manufacturing operations

  September 24, 2020 18:36 IST

  American cult bike maker Harley Davidson has decided to shut down manufacturing and sales operations in India as part of its restructuring exercise ‘The Rewire’ programm, under which it will focus only on select markets.

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  MSP an administrative decision of govt, will continue: Union Agriculture Minister

  September 24, 2020 17:34 IST

  Union Agriculture Minister Narendra Singh Tomar on Thursday said that people who ruled for 50 years are asking why we didn't make a provision for MSP (Minimum Support Price) in the farm bills.

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  Gold price falls for fourth consecutive day; declines by Rs 485 per 10 grams

  September 24, 2020 16:56 IST

  Gold price fell for the fourth consecutive day on Thursday, declining by Rs 485 to Rs 50,418 per 10 grams in the national capital amid weak international trends, according to HDFC Securities.

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  Vodafone Idea, Airtel lose over 59 lakh mobile users in June; Jio adds 45 lakh: Trai data

  September 24, 2020 16:37 IST

  Vodafone Idea Ltd (VIL) and Airtel lost about 48.2 lakh and 11.3 lakh users, respectively, in June, even as rival Reliance Jio added nearly 45 lakh customers strengthening its hold in the mobile telephony market, Trai's subscriber tally for the month showed.

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  Sensex plunges over 1,000 points; Nifty tests 10,800

  September 24, 2020 17:01 IST

  Falling for the sixth straight session, domestic equity benchmark Sensex plunged 1,115 points on Thursday amid a heavy selloff in global equities.

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  India Ratings maintains negative outlook on NBFCs, HFCs for H2 FY21

  September 24, 2020 15:41 IST

  Domestic rating agency India Ratings and Research on Thursday said it has maintained a negative outlook on non-banking financial companies (NBFCs) and housing finance companies (HFCs) for the second half of 2020-21.

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  IL&FS' offshore arms file for bankruptcy in Dubai

  September 24, 2020 15:13 IST

  Two offshore companies of IL&FS Group, ITNL Infrastructure Developer LLC, ITNL International DMCC have filed for bankruptcy in Dubai. 

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  Gold prices continue to fall, further decline likely

  September 24, 2020 12:38 IST

  The October contract of gold on the MCX is currently trading at Rs 49,365 per 10 gram, lower by Rs 143.00 or 0.29 per cent from its previous close.

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  Zydus Cadila gets tentative USFDA nod to market anti-cancer drug

  September 24, 2020 11:02 IST

  Zydus Cadila has received tentative approval from the US Food and Drug Administration (USFDA) to market Palbociclib Capsules in the strengths of 75 mg, 100 mg, and 125 mg, Zydus Cadila, part of the Cadila Healthcare group, said in a regulatory filing.

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  Sensex tanks over 600 pts in early trade; Nifty slips below 11,000

  September 24, 2020 9:58 IST

  Equity benchmark Sensex plunged over 600 points in early trade on Thursday, tracking massive sell-off in global stocks amid heavy foreign fund outflow.

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  Work from home culture to continue even after COVID-19 pandemic ends: Bill Gates

  September 24, 2020 8:41 IST

  Bill Gates, who co-founded Microsoft and also the Bill and Melinda Gates Foundation, said he has not travelled for work this whole year. "Honestly I have got time to do much more. It's been.. eye-opening for me," he said.

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  Work from home culture to continue even after pandemic ends: Bill Gates

  September 23, 2020 22:12 IST

  The work from home culture has worked well and many companies will continue with the system even after the coronavirus pandemic ends, billionaire philanthropist Bill Gates said on Wednesday.

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  Lost your job due to pandemic? Apply for THIS govt scheme to get 50 per cent salary for 3 months

  September 23, 2020 20:54 IST

  The Employees' State Insurance Corporation had launched a scheme called Atal Bimit Vyakti Kalyan Yojana (ABVKY) in which the Insured Person (IP) is rendered unemployed, and is provided relief to the extent of 25 per cent of the average per day earning during the previous four contribution periods (total earning during the four contribution period/730).

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  Gold Price Today: Gold declines Rs 614, silver tanks Rs 1,898

  September 23, 2020 18:08 IST

  Gold prices fell Rs 614 to Rs 50,750 per 10 grams in the national capital on Wednesday, amid lower price for the yellow metal in the international market, according to HDFC Securities.

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  Jio Postpaid Plus: Airtel, Voda Idea shares plunge after Jio offers Netflix, Prime, other benefits

  September 23, 2020 17:59 IST

  After Jio unveiled new postpaid plans with loads of benefits such as free Netflix, Amazon Prime, Disney Hotstar subscription among other benefits, the shares of telecom majors Bharti Airtel and Vodafone Idea Ltd (VIL) were under pressure on Wednesday.

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  Reliance Industries shares close nearly 1 per cent higher after KKR deal

  September 23, 2020 17:10 IST

  Shares of Reliance Industries on Wednesday closed with nearly 1 per cent gains after the company said global investment firm KKR will invest Rs 5,550 crore in its subsidiary Reliance Retail Ventures Ltd (RRVL) to pick 1.28 per cent equity stake.

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  Two-year extension of GST compensation cess levy likely to cover shortfall in tax collection

  September 23, 2020 16:06 IST

  The GST Council is likely to approve a two-year extension of the compensation cess levy on goods and services to allow the Centre to pay the entire shortfall in GST tax collection by states expected till June 2022.