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  T Rabi Sankar takes over as new RBI deputy governor

  May 03, 2021 18:22 IST

  T Rabi Sankar on Monday took over as the new deputy governor of the Reserve Bank of India for a period of three years, the central bank said in a statement.

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  Gold Price Today: Gold rises Rs 310, silver jumps Rs 580

  May 03, 2021 16:37 IST

  Gold jumps Rs 310 to Rs 46,580 per 10 gram in the national capital on Monday reflecting recovery in global precious metal prices and rupee depreciation, according to HDFC Securities. 

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  Sensex ends 64 points down; Nifty inches up to 14,634

  May 03, 2021 16:11 IST

  Market benchmark Sensex staged a smart recovery from the day's low to end with marginal losses on Monday amid a negative trend in global equities.

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  Bolstering India's Covid-19 fight: SBI allocates Rs 70 crore to combat second wave

  May 03, 2021 15:29 IST

  State Bank of India has tied with various hospitals for the vaccination of its employees. It has decided to bear the cost of vaccination for its employees and their dependent family members.

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  Discussions on with Indian govt for expedited approval of COVID-19 vaccine: Pfizer

  May 03, 2021 14:05 IST

  Pfizer is discussing with the Indian government an expedited approval pathway to make Pfizer-BioNTech vaccine available for use in the country.

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  COVID-19 crisis: CII calls for strongest national steps, curbs on economic activity

  May 03, 2021 12:41 IST

  CII has urged the government to take "strongest" national steps including curtailing economic activity to contain the spike in COVID-19 cases in the country.  

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  RBI to strengthen risk-based supervision of banks, NBFCs

  May 02, 2021 18:27 IST

  The Reserve Bank has decided to review and strengthen the Risk Based Supervision (RBS) of the banking sector with a view to enable financial sector players to address the emerging challenges.

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  Govt waives late fee for delayed filing of March, April GSTR-3B, tax payment

  May 02, 2021 12:00 IST

  The Central Board of Indirect Taxes and Customs (CBIC) on May 1 issued the notification, saying that these relaxations come into effect from April 18.

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  Govt slashes IGST on oxygen concentrators for personal use to 12%

  May 01, 2021 23:25 IST

  The government on Saturday slashed Integrated GST rate on oxygen concentrators for personal use to 12 per cent, from 28 per cent earlier, for two months till June 30.

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  SBI permits submission of documents for KYC updation via post or mail

  May 01, 2021 22:56 IST

  In view of difficulties faced by customers due to local lockdown induced by the second wave of COVID-19, State Bank of India (SBI) has decided to permit acceptance of documents for KYC updation through mail or post. 

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  GST revenue hits all-time high of Rs 1.41 lakh crore in April

  May 01, 2021 17:38 IST

  GST collections in April touched a record high of over Rs 1.41 lakh crore, indicating sustained economic recovery, the Finance Ministry said on Saturday. 

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  Govt extends timelines for tax compliance, ITR for FY20 can be filed till May 31

  May 01, 2021 15:49 IST

  Filing of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Act, for Assessment Year 2020-21, which was required to be filed on or before March 31, 2021, maybe filed on or before May 31, 2021, the CBDT said.

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  SBI cuts home loan interest rate to 6.70%

  May 01, 2021 15:25 IST

  State Bank of India (SBI) on Saturday said it has reduced home loan interest rate to 6.70 per cent.

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  Attention! UPI, payments frauds soar high in eastern Indian states: Report

  May 01, 2021 14:37 IST

  The top scamsters are from Patna, Chandigarh, Kolkata and Meerut for one of the top payment apps (at 15 per cent) and most QR Code scams originate from Assam, accounting for 20 per cent of the total distribution.

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  Reliance becomes India's largest producer of medical grade liquid oxygen from single location

  May 01, 2021 13:40 IST

  At its refinery-cum-petrochemical complex in Jamnagar and other facilities, RIL now produces over 1,000 MT of medical grade liquid oxygen per day -- or over 11 per cent of India's total production - meeting the needs of nearly every one in 10 patients.

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  Walmart to donate 20 oxygen-generating plants, cryogenic containers to India to fight COVID-19

  May 01, 2021 12:08 IST

  The decision by Walmart came as India continues to witness a steep increase in the number of COVID-19 cases and deaths, crippling its health facilities, especially the supply of oxygen.

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  Jio's Q4 net profit grows 48% to Rs 3,508 crore

  April 30, 2021 21:34 IST

  Jio's consolidated revenue from operations rose 18.9 per cent on a year-on-year basis to Rs 18,278 crore during the fourth quarter of FY21. 

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  Sensex snaps 4-day rally, crashes 984 points, HDFC twins top drags

  April 30, 2021 17:43 IST

  The 30-share BSE Sensex sank 983.58 points or 1.98 per cent to finish at 48,782.36. The broader NSE Nifty tanked 263.80 points or 1.77 per cent to 14,631.10.

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  Government to import 4.5 lakh vials of antiviral drug Remdesivir amid spike in COVID-19 cases

  April 30, 2021 14:13 IST

  The government has placed orders for import of 4.5 lakh vials of antiviral drug Remdesivir with the first consignment of 75,000 vials

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  Rahul Bajaj hangs up boots as Bajaj Auto boss, Niraj Bajaj to take over

  April 30, 2021 12:24 IST

  The non-executive chairman of the Pune-based two and three-wheeler maker has tendered his resignation which would come into effect from close of business hours on April 30, 2021, Bajaj Auto said in a regulatory filing.

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  Hero MotoCorp launches virtual showroom to sell vehicles amid coronavirus pandemic

  April 29, 2021 16:51 IST

  The country's top two-wheeler maker Hero MotoCorp on Thursday said it has launched a virtual showroom feature to help customers buy its motorcycles and scooters through a seamless digital experience amid rising in COVID-19 cases in the country.

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  Jio Platforms among TIME 100 most influential companies

  April 29, 2021 10:20 IST

  Reliance Industries has built India's largest 4G network by charging some of the lowest data rates in the world.

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  Maruti advances factory shutdown for maintenance amid surge in COVID-19 cases

  April 28, 2021 19:27 IST

  The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country. 

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  Second COVID wave poses downside risks to India's economic growth: S&P

  April 28, 2021 16:25 IST

  Last week another global rating agency Fitch had projected India's economic growth in current fiscal at 12.8 per cent, while Moody's Investors Service had earlier this month said that the second wave of COVID infections presents a risk to India's growth forecast, but a double digit GDP growth is likely in 2021.

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  Gold Price Today: Gold declines Rs 505, silver falls Rs 828

  April 28, 2021 16:00 IST

  Gold prices plunged by Rs 505 to Rs 46,518 per 10 gram in the national capital on Wednesday following a fall in the global metal prices, according to HDFC Securities.

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  India’s GDP to grow at 11% this fiscal, surge in COVID cases may put economic recovery at risk: ADB

  April 28, 2021 14:52 IST

  The Indian economy is projected to grow at 11 per cent in the current financial year amid the "strong" vaccine drive, said ADB on Wednesday, while cautioning that the recent surge in COVID cases may put the country's economic recovery at "risk".

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  Attention SBI Customers! Bank issues important alert on QR code fraud, says never do THIS mistake

  April 28, 2021 14:13 IST

  Following this, India's largest lender State Bank of India (SBI) has warned its customers about QR code scans fraud. As Online transactions have become a necessity in pandemic times, one must be extremely vigilant and cautious while carrying it out.

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  Zomato IPO: Food delivery platform files draft offer document with SEBI for Rs 8,250 cr IPO

  April 28, 2021 12:12 IST

  Zomato has filed its draft red herring prospectus (DRHP) for an initial public offering of Rs 8,250 crore.