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  PM Modi congratulates RBI Governor Shaktikanta Das on receiving 'A+' rating in Global Finance Report

  August 21, 2024 10:37 IST

  RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine, making him one of only three central bank governors globally to receive the top distinction for the second consecutive year. The rating recognises Das's leadership in navigating India's economic challenges.

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  Stock market update: Nifty surges above 24,600, Sensex rises 200 points

  August 20, 2024 10:21 IST

  Global oil benchmark Brent crude fell by 0.79% to USD 77.05 per barrel. On Monday, the BSE benchmark slipped slightly by 12.16 points to 80,424.68, while the NSE Nifty edged up by 31.50 points to 24,572.65 amid volatile trading conditions.

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  DDA launches housing schemes: 40,000 discounted flats on offer, prices start at Rs 11.5 lakh

  August 19, 2024 16:26 IST

  The Delhi Development Authority (DDA) has announced the launch of three new housing schemes for 2024. These schemes include the DDA Sasta Ghar Housing Scheme 2024, the DDA General Housing Scheme 2024, and the DDA Dwarka Housing Scheme 2024.

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  Domestic air traffic increases to 7.3 per cent to 1.29 crore on annual basis in July

  August 19, 2024 16:15 IST

  IndiGo continued to dominate domestic air traffic with its market share rising to 62 per cent in July while that of Air India dropped to 14.3 per cent.

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  Sensex opens green, climbs 243 points, Nifty above 24,600

  August 19, 2024 10:12 IST

  After following global sentiments last week, the Indian stock market incidence gained in the opening session. Meanwhile, Asian markets showed mixed responses.

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  Foxconn chief defends married women hiring practices in India, aims to set up battery energy unit

  August 18, 2024 18:54 IST

  Foxconn's chairman defended the company's hiring practices after New Delhi ordered an investigation into a report alleging that Apple supplier rejects married women for iPhone assembly jobs. Meanwhile, Foxconn is focusing on establishing a battery energy storage system unit in India.

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  Raksha Bandhan bank holidays: Banks to remain closed in these states on Monday | Check full list

  August 18, 2024 11:52 IST

  On this day, the physical banking services in both public and private sector banks will not be available in most cities. However, the bank customers can avail digital banking services such as internet banking, mobile banking, WhatsApp banking, NEFT, and RTGS as usual.

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  'India needs to create 148 million additional jobs by 2030': IMF's Gita Gopinath

  August 17, 2024 18:49 IST

  International Monetary Fund's First Deputy Managing Director Gita Gopinath attended the Diamond Jubilee event at the Delhi School of Economics and said that India needs basic reforms, private investments, and revamping the education system.

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  Union Cabinet gives nod to two new airport, three metro rail projects across India | DETAILS

  August 16, 2024 21:32 IST

  Prime Minister Narendra Modi-led Union Cabinet gave its nod to two new airport projects and three metro rail projects across the country on Friday.

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  Saraswati Saree Depot IPO allotment: Key details and step-by-step guide to check status

  August 16, 2024 13:15 IST

  Saraswati Saree Depot will finalise its IPO allotment on August 16. Investors can check their status via the BSE website or Bigshare Services portal by Monday. The IPO, which aimed to raise around Rs 160.01 crore, was oversubscribed 107.52 times, with strong interest from non-institutional bidders.

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  Sensex soars 805 points to 79,911, Nifty rises 252 points to 24,395 in early trade

  August 16, 2024 11:07 IST

  The early gains indicate continued momentum in the markets, with both major indices showing strong upward trends as trading progresses.

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  SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?

  August 15, 2024 16:21 IST

  State Bank of India has revised its Marginal Cost of Funds based Lending Rate, with the new rates for a three-year tenor now at 9.10 per cent, up from 9 per cent earlier. The overnight MCLR has also been increased to 8.20 per cent, from the previous rate of 8.10 per cent.

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  ITR refunds: Understanding refund timelines for ITR-1, ITR-2, ITR-3 filers

  August 15, 2024 12:53 IST

  Taxpayers awaiting Income Tax Return (ITR) refunds should note that processing times vary by the type of ITR form filed. ITR-1, being the simplest, is processed the fastest, with refunds typically issued within 15 days.

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  Which bank is charging how much for not maintaining minimum balance? Check details here

  August 14, 2024 16:23 IST

  The Average Minimum Balance (AMB) is the minimum amount that must be maintained in your savings account to avoid being charged for non-maintenance.

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  Indian Railways annuls Rs 30,000 crore tender for 100 Vande Bharat Express trains: Reports

  August 14, 2024 13:34 IST

  The government envisaged the idea of making India’s first indigenous semi high-speed train - Vande Bharat Express to boost ‘Make in India’ campaign. The first Vande Bharat Express train was launched on February 15, 2019.

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  India's wholesale inflation drops to 2.04 per cent in July

  August 14, 2024 12:43 IST

  The reduction in wholesale inflation is attributed to a drop in prices of key commodities, including food and fuel. Lower input costs and decreased demand pressures have contributed to the cooling of inflationary trends.

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  Stock market updates: Sensex gains 100 points, Nifty above 24,150

  August 14, 2024 10:15 IST

  Tata Motors led the gains among Sensex stocks, while broader markets showed mixed performance. Positive sentiment was fueled by lower-than-expected US inflation data, which boosted global indices.

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  PM Kisan Yojana: 18th installment likely to be released in this month: Here’s how to apply

  August 13, 2024 16:41 IST

  As part of the PM-KISAN scheme, the eligible beneficiaries get Rs 2,000 every four months, which is Rs 6,000 annually.

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  Bangladesh's inflation reaches 12-year high to 11.66 per cent in July, GDP expected to decline

  August 13, 2024 16:38 IST

  An interim government was formed in Bangladesh after the fall of the Hasina-led government, and its Chief Adviser, 84-year-old Nobel laureate Muhammad Yunus, announced the portfolios of his 16-member council of advisors last week.

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  After Delhi Metro, IRCTC will soon offer tickets for RRTS: Here’s how to book tickets online

  August 13, 2024 14:26 IST

  After buying an IRCTC train e-ticket, commuters can also book Namo Bharat train tickets for up to eight travellers in a single transaction. The railways said that the option to book RRTS tickets will be available on the PNR confirmation page and through the user’s booking history.

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  Stock market update: Sensex drops 100 points, Nifty slips below 24,350

  August 13, 2024 10:06 IST

  The benchmark indices opened slightly lower on Tuesday. The BSE Sensex was down 42 points, trading at 79,607, while the NSE Nifty50 dropped 10 points to 24,337 in early trading. The market sentiment was dampened by a 2% fall in HDFC Bank shares, contributing to the overall decline.

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  Net direct tax collection grows 22 per cent to Rs 6.93 lakh crore for current fiscal: Govt data

  August 12, 2024 21:33 IST

  The rise in direct tax collections is seen as a positive indicator for the government's fiscal health and its ability to fund various developmental and welfare programmes.

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  Is your Income Tax refund getting delayed? Here's how to check status with PAN card details

  August 12, 2024 18:11 IST

  The Income Tax Department has already outlined that the processing of ITR refunds starts only after the taxpayer electronically verifies the returns.

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  Retail inflation declines to 3.54 per cent in July, lowest in nearly five years

  August 12, 2024 18:32 IST

  India's retail inflation eased to 3.54 per cent in July, falling below the Reserve Bank of India's 4 per cent target for the first time in years.

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  Stock Market: Sensex down by 254, trading at 79,451

  August 12, 2024 10:40 IST

  Indian equity markets opened lower on Monday as investor sentiment was shaken by a Hindenburg Research report. Major indices Sensex and Nifty saw significant declines, with Adani group stocks being among the hardest hit.

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  Want to do FD? Know which govt bank offers highest interest rate on fixed deposits

  August 11, 2024 17:56 IST

  The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged. As a result, banks are offering higher interest rates on fixed deposits (FDs). This is an excellent opportunity to secure attractive returns on FDs.

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  Adani Group reacts to Hindenburg's allegation against Sebi chief, calls it 'a red herring'

  August 11, 2024 12:55 IST

  Adani Group's statement comes a day after Sebi chairman Madhabi Puri Buch and her husband denied allegations levelled against them by short seller Hindenburg, terming them as baseless and asserted that their finances are an open book.

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  Banks urged to focus on core business, innovate for higher deposits: FM Sitharaman

  August 10, 2024 14:54 IST

  Finance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.