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  RBI likely to maintain status quo on interest rates: Experts

  August 02, 2023 19:02 IST

  Bhanumurthy, formerly of the National Institute for Public Finance and Policy, a think tank funded by the Union finance ministry, said that his belief was that the RBI would study the nature of inflation and its trajectory and take a call in the October monetary policy review.

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  Sensex sinks 677 points, Nifty tumbles to 19,527 as investors lose over Rs 3.5 lakh crore

  August 02, 2023 17:24 IST

  According to an exchange, the board has approved the sub-division of equity shares in the ratio of 10:1 (ten for one).

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  Fitch downgrades US credit rating from AAA to AA+ amid fiscal face-offs

  August 02, 2023 7:58 IST

  This is only the second time in the country's history that credit scores have been cut. Rating agency Standard & Poor's downgraded the US to an expected three A's in 2011 after a controversy over government debt.

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  Yudiz Solutions IPO to open on August 4; to list on NSE Emerge

  August 02, 2023 6:50 IST

  The shares of the company will be listed on NSE Emerge, a platform for small and medium enterprises, Ahmedabad-based digital transformation and technology services company said in a statement.

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  Income Tax Department claims record 6.77 crore ITRs filed till July 31 for Assessment Year 2023-24

  August 01, 2023 22:07 IST

  The filing of ITRs peaked on July 31, 2023, with over 64.33 lakh ITRs being filed on a single day.

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  Markets settle lower in volatile trade amid continuous foreign fund outflows | DETAILS

  August 01, 2023 20:51 IST

  The 30-share BSE Sensex declined 68.36 points or 0.10 per cent to settle at 66,459.31. The NSE Nifty fell 20.25 points or 0.10 per cent to end at 19,733.55.

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  Capital market regulator SEBI clarifies on format for seeking clients' trading preferences

  August 01, 2023 19:51 IST

  Under the format, the member must specify the names of the exchanges where the member has membership, the date of consent for trading on the concerned exchange and the signature of the client.

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  Gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: Nirmala Sitharaman

  August 01, 2023 19:44 IST

  The central government has wanted to raise net debt assets of Rs 17.99 lakh crore from different sources in 2023-24, basically, to fund its financial deficit, Sitharaman said in a composed answer to the Rajya Sabha.

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  Hiring for white collar jobs in India falls 19% in July: Report

  August 01, 2023 19:18 IST

  With the ongoing boom in AI, demand for niche roles such as full-stack AI scientists and ML engineers is strong with the number of new job openings in July up 9 percent and 6 percent, respectively, compared to the beginning of the year.

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  HMA Agro reports over 70 per cent jump in net profit in first quarter after IPO listing

  August 01, 2023 19:22 IST

  This was the first quarterly result by HMA Agro after it made debut on the exchanges. Its shares made debut on exchanged in July. IT had raised Rs 480 crore from the initial public offering (IPO).

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  GST collections in July register growth of 11 per cent to Rs 1.65 lakh crore: Finance Ministry

  August 01, 2023 17:03 IST

  According to official data, the GST revenues generated in July were 11 per cent higher than it was registered in the same month in 2022.

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  Rs 2,000 notes denomination valuing Rs 3.14 lakh crore returned to banks: RBI

  August 01, 2023 16:28 IST

  Rs 2,000 banknotes available for use as at the end of business on July 31 stayed at Rs 0.42 lakh crore, the release said.

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  Bonus stock: Steel pipes maker JTL Industries declares 1:1 bonus issuance in Q1 results

  August 01, 2023 15:36 IST

  Bonus shares are additional shares that listed companies issue to existing shareholders at no cost. The exercise is done under the guidelines of the SEBI. It increases liquidity and encouraged retail participation.

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  Money laundering probe: ED conducts raids against Hero Motocorp Chairman Pawan Munjal

  August 01, 2023 15:51 IST

  The probe comes after a Directorate of Revenue Intelligence (DRI) objection against an individual, supposedly near Pawan Munjal, who was researched on charges of conveying undeclared, unfamiliar money.

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  Eight key infrastructure sectors growth healthy but slower from last year

  August 01, 2023 0:34 IST

  The output growth of the eight sectors slowed down to 5.8 per cent in April-June 2023-24 against 13.9 per cent in the year-ago period.

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  Foxconn to set up Rs 1,600 crore mobile component manufacturing facility in Tamil Nadu

  July 31, 2023 23:56 IST

  On his Twitter handle, Chief Minister M K Stalin said the LoI was signed, in his presence, between the state government and Foxconn Group represented by its chairman Young Liu.

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  Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015

  July 31, 2023 14:43 IST

  Airtel last year acquired 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100MHz, 3300 MHz and 26 GHz frequency bands through the auction for Rs 43,084 crore spectrum secured for 20 years.

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  ITR filing last date today: What to do if you miss the July 31 deadline?

  July 31, 2023 13:21 IST

  The Income Tax Department on Sunday announced that over 6 crore tax returns have been filed for the previous year (2022-23) as of July 30, 2023.

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  DGCA renews air operator certificate of Jet Airways

  July 31, 2023 12:45 IST

  The Jalan-Kalrock Consortium has obtained renewal for the air operator certificate for Jet Airways from the DGCA.

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  Over 6 crore Income Tax Returns filed for 2022-23 fiscal: Government data

  July 30, 2023 20:53 IST

  Income Tax Return: The number of ITRs filed has exceeded the number of returns filed last year till July 31, according to government data.

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  Govt to get significant stake in HPCL post preference issue

  July 30, 2023 13:27 IST

  The government had in January 2018 sold its entire 51.11 per cent stake in oil refining and fuel marketing company HPCL to explorer Oil and Natural Gas Corporation (ONGC) for Rs 36,915 crore.

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  Government focusing on four Is to make India developed nation by 2047: Niramala Sitharaman

  July 29, 2023 18:37 IST

  New Delhi: India has the necessary wherewithal to meet the goal set by Prime Minister Narendra Modi, said Finance Minister Nirmala Sitharaman.

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  Go First bankruptcy row: Cancellation sprees continues | Here is latest announcement

  July 28, 2023 23:50 IST

  Go First news updates: On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker, Pratt & Whitney, for its inability to promptly meet obligations.

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  Modi govt's red carpet for semiconductor industries, offers 50% financial aide to technology firms

  July 28, 2023 23:13 IST

  Addressing the Semicon India 2023 conference in Gandhinagar, PM Modi said that his government has rolled out the red carpet for semiconductor industries.

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  Stock markets fall for 2nd day on selling in IT banking shares, FII ouflows

  July 28, 2023 17:44 IST

  The NSE Nifty declined 13.85 points or 0.07 percent to finish at 19,646.05.

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  Do minors have to file separate Income Tax Returns? Check details here

  July 28, 2023 15:05 IST

  A minor can have two sorts of income: earned and unearned; in both circumstances, ITR should be recorded, observing specific guidelines applicable to earning minors.

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  Muharram: Are banks closed across the country on July 29? Here are all the details

  July 28, 2023 13:58 IST

  There are eight state-specific holidays in August, these incorporate Tendong Lho Rum Faat, Parsi New Year, Onam, Raksha Bandhan, etc.

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  Indian companies can go for direct listing on overseas exchanges, says Nirmala Sitharaman

  July 28, 2023 13:38 IST

  A proposal regarding this was first floated as part of the liquidity package announced during the pandemic in May 2020.