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  India gets new World Bank Country Director

  August 01, 2022 13:00 IST

  Auguste-Tanoa-Kouame most recently served as the World Bank's Country Director for Turkey where he led the expansion of the bank's country programme and deepened its support to Ankara's climate agenda.

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  GST collections rises 28 per cent to Rs 1.49 lakh crore in July

  August 01, 2022 12:48 IST

  Business news: The collections in July this year is the second highest since the introduction of GST in July 2017, the ministry said in a statement.

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  Over 32K tech workers fired in US, more than 11K in India this year

  August 01, 2022 12:22 IST

  Since April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13 per cent are from India.

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  India manufacturing PMI hits 8-month high in July on new orders

  August 01, 2022 11:39 IST

  The July PMI data pointed to an improvement in overall operating conditions for the 13th straight month.

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  Sensex, Nifty open on positive note on firm global trends, foreign funds inflows

  August 01, 2022 10:54 IST

  The BSE barometer had jumped 712.46 points or 1.25 percent to settle at 57,570.25. The Nifty had advanced 228.65 points or 1.35 percent to 17,158.25.

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  Price of commercial LPG cut down by Rs 36, check revised rates in your city

  August 01, 2022 8:29 IST

  LPG price revision: With this latest reduction, a 19 kg commercial LPG cylinder will cost Rs 1,976, instead of Rs 2012.50 in Delhi. In Kolkata, instead of Rs 2132, commercial LPG will be available for Rs 2,095.50.

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  5G spectrum auction day 6: Bids cross Rs 1.50 lakh cr mark; UP East sees renewed interest

  July 31, 2022 22:55 IST

  5G spectrum auction day 6: Seven new rounds of bidding held on the sixth day of auction on Sunday 'dialled in' an incremental Rs 163 crore, propelling the cumulative spectrum sale beyond the Rs 1.50 lakh crore-mark.

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  RBI likely to raise key policy rate by 25-35 bps to check inflation: Experts

  July 31, 2022 14:01 IST

  The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

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  IOC sold petrol at Rs 10 a litre loss, diesel at Rs 14

  July 31, 2022 11:45 IST

  This is the first quarterly loss in over two years. The company had reported a net loss in January-March 2020, but that was on account of inventory losses on processing costlier crude.

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  Income tax return filing due date today, will government extend deadline?

  August 01, 2022 13:39 IST

  Income Tax return filing deadline: The department issued a public message through its official Twitter handle asking taxpayers, largely individuals and salaried class, to file their returns within the due date of July 31.

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  5G spectrum sale nears Rs 1.50 lakh crore mark on Day 5; bidding to resume on Sunday

  July 30, 2022 23:08 IST

  The reserve price fixed for the spectrum is a fair number and the same is visible from the auction outcome.

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  HDFC hikes lending rate by 25 bps; home loan to be costlier

  July 30, 2022 21:03 IST

  HDFC hikes lending rate: This is the fifth hike effected by HDFC in two months. In all, the rate has increased by 115 basis points since May this year.

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  Retail inflation for industrial workers eases to 6.16 pc in June

  July 30, 2022 12:55 IST

  The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling CPI-IW every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country.

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  Income Tax Return deadline tomorrow: Know the fine you have to pay if you miss filing it

  July 30, 2022 12:22 IST

  Income Tax Return deadline: Not just a late fee, but the missing deadline will also have some other financial consequences. Apart from the late fee charges missing deadlines have several other implications. If you miss the deadline you will be required to pay interest on the late payment of taxes.

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  RBI imposes restrictions on 3 co-op banks

  July 29, 2022 23:46 IST

  The restrictions imposed on the three banks under the Banking Regulation Act, 1949 the Reserve Bank would remain in force for six months and are subject to review.

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  'Absolute rubbish': Ola CEO denies reports claiming merger with Uber

  July 29, 2022 23:56 IST

  Ola, Uber merger talks: While the report failed to disclose any other information on the potential deal, it caught the eye of Ola Chief Executive Bhavesh Aggarwal on Twitter.

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  5G auction: 71% of spectrum on block sold, bids of Rs 1,49,855 cr received

  July 29, 2022 21:48 IST

  5G spectrum auction: About 71 per cent of the total spectrum put on the block has been provisionally sold, Telecom Minister Ashwini Vaishnaw said. "This is a very good response," Vaishnaw said. Seven rounds of bidding took place and incrementally Rs 231.6 crore came in on Friday."

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  Rupee rises 45 paise to close at 79.24 against US dollar

  July 29, 2022 17:39 IST

  At the interbank foreign exchange market, the domestic currency opened strong at 79.55 per dollar. It hovered in a range of 79.56 to 79.17 during the session.

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  Sensex, Nifty spurt over 1 percent, extend rally to 3rd straight day

  July 29, 2022 16:19 IST

  The 30-share BSE barometer jumped 712.46 points or 1.25 percent to settle at 57,570.25. During the day, it rallied 761.48 points or 1.33 percent to 57,619.27. The broader NSE Nifty advanced 228.65 points or 1.35 percent to 17,158.25.

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  Inflation hits record 8.9% in 19 countries using the euro

  July 29, 2022 15:00 IST

  Annual inflation in the eurozone’s 19 countries rose to 8.9% in July, an increase from 8.6% in June, according to the latest numbers published Friday by the European Union statistics agency.

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  ITR 2021-22: 41% income taxpayers yet to file returns, 10% facing tech glitches

  July 29, 2022 14:24 IST

  The government this year warned that those who will miss the July 31 deadline for filing their returns will have to pay fine-cum-late fee of Rs 5,000 if their taxable income is more than Rs 5 lakh and Rs 1,000 if the taxable income is less than Rs 5 lakh.

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  Rupee gains 30 paise to 79.39 against US dollar in early trade

  July 29, 2022 11:11 IST

  The 30-share Sensex was trading 594.25 points or 1.05 per cent higher at 57,452.04, while the broader NSE Nifty rose 182.85 points or 1.08 per cent to 17,112.45.

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  Agritech startups leveraging sustainable farming options | Explained

  July 27, 2022 22:18 IST

  According to one estimate, if all agricultural land in India were used for protective farming, the market would be worth USD 6 billion. The main reason for the low adoption rate, though, is that farmers don't know much about protective farming and how their products might be exposed.

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  Digital payments record 29 pc annual growth at March-end 2022: RBI data

  July 27, 2022 20:09 IST

  The newly constituted RBI's digital payment index (RBI-DPI) stood at 349.3 in March 2022 against 304.06 in September 2021 and 270.59 per cent in March 2021.

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  Govt approves BSNL revival, merger with BBNL, saturation of 4G services in all uncovered villages

  July 27, 2022 17:36 IST

  BSNL revival: The Modi cabinet approved Rs 1.64 lakh crore revival package for the BSNL, said Union Minister Ashwini Vaishnaw.

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  5G spectrum: Fifth round of bidding underway, auctions may conclude today

  July 27, 2022 13:58 IST

  5G spectrum auction: The 5G spectrum offers ultra-high speeds (about 10 times faster than 4G), lag-free connectivity, and can enable billions of connected devices to share data in real-time.

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  Markets fall in early trade on weak global trends

  July 27, 2022 12:04 IST

  Sensex update: Benchmark indices fell in early trade amid weak trends in global markets, fresh funds outflows and firm crude oil prices.

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  Shopify lays off 1,000 employees from sales, support, recruitment depts

  July 27, 2022 10:17 IST

  Shopify CEO Tobi Lutke said that before the pandemic, ecommerce growth had been steady and predictable.