More From Economy
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Mandatory gold hallmarking in India from today
June 16, 2021 9:31 ISTExport and re-import of jewellery as per Trade Policy of Government of India - Jewellery for international exhibitions, jewellery for government-approved B2B domestic exhibitions will be exempted from mandatory hallmarking, a release stated.
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PFRDA permits withdrawal of pension corpus of Rs 5 lakh without buying annuity
June 16, 2021 7:51 ISTIn a gazette notification, the pension regulator also stated that the premature withdrawal limit on a lumpsum basis for NPS has been increased to Rs 2.5 lakh from Rs 1 lakh.
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RBI imposes Rs 11 lakh penalty on THESE banks
June 15, 2021 21:44 ISTThe RBI said the penalties have been imposed based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered by the two lenders with their customers.
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RBI bans DHFL from taking deposits under Pirmal management
June 15, 2021 18:49 ISTThe Reserve Bank has revoked the deposit-taking status of Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a non-deposit taking housing finance company, before approving the Piramal group's bid to take over it towards the end of the resolution process.
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Finance Ministry notifies concessional GST rate on COVID-related items, services
June 15, 2021 17:57 ISTThe Finance Ministry has notified the concessional rate of GST that will be applicable on COVID relief materials till September 30, 2021.
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Gold Price Today: Gold rises Rs 303, silver gains Rs 134
June 15, 2021 17:33 ISTGold prices rose by Rs 303 to Rs 47,853 per 10 grams in the national capital on Tuesday reflecting overnight recovery in the global precious metal prices, according to HDFC Securities.
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SpiceJet enhances booking options, baggage allowance
June 15, 2021 17:27 ISTAmidst the ongoing Covid pandemic, airline major SpiceJet enhanced booking as well as baggage allowance options. Under the offer 'Extra Seat-Extra Baggage', passengers can avail an additional check-in baggage allowance of 10 kg on booking a private row and 5 kg on booking an extra seat.
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Shyam Metalics IPO: Price band fixed at Rs 303-306; Check GMP and more
June 15, 2021 14:55 ISTThe initial public offer of Shyam Metalics and Energy is open for retail subscriptions.
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No more space for monetary steps, tough task ahead for RBI: SBI Report
June 15, 2021 10:08 ISTSBI Ecowrap report has suggested that the space for monetary accommodation is over, and the Reserve Bank of India (RBI) will face multiple challenges in terms of boosting India's growth rate.
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Sona Comstar IPO: Price band fixed at Rs 285-291, Check GMP and more
June 15, 2021 9:56 ISTSona Comstar IPO, Sona Comstar GMP: Sona Comstar is an auto component maker.
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Coal India dividend 2021: State-owned miner announces 35% dividend per equity share
June 15, 2021 8:20 ISTCoal India dividend 2021, Coal India dividend Record Date: Coal India will pay Rs 3.50 final dividend per equity share for the financial year ending March 31.
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Good news for prepaid phone subscribers! RBI expands BBPS scope by August-end
June 14, 2021 18:29 ISTThe Reserve Bank of India on Monday said the scope of Bharat Bill Payment System (BBPS) will be expanded by August 31 this year by adding 'mobile prepaid recharges' as a biller category, a move likely to help millions of prepaid phone subscribers in the country.
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Retail inflation rises to 6.3% in May
June 14, 2021 18:20 ISTRetail inflation rose to 6.3 per cent in May, breaching the RBI's comfort level, on the back of costlier food items, government data showed on Monday.
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Reports of its foreign investors' accounts being frozen 'blatantly erroneous': Adani group
June 14, 2021 17:17 ISTBillionaire Gautam Adani's group on Monday said it has written confirmation that accounts of three foreign funds that are among its top shareholders are not frozen and reports to the contrary are "blatantly erroneous and misleading".
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WPI inflation hits record high of 12.94% in May on costlier fuel
June 14, 2021 13:25 ISTThis is the fifth straight month of uptick seen in the wholesale price index (WPI)-based inflation. In April, 2021, WPI inflation hit double digit at 10.49 per cent
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Tata Motors to raise up to Rs 500 cr via securities
June 14, 2021 12:42 ISTA meeting of the duly authorised committee has approved subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value Rs 10 lakh each, aggregating up to Rs 500 crore, the auto major said in a regulatory filing
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BSE, NSE suspend trading in DHFL shares
June 14, 2021 11:18 ISTLeading exchanges BSE and NSE will suspend trading in the shares of Dewan Housing Finance Corporation Ltd (DHFL) with effect from Monday.
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New highs! Petro, diesel cross Rs 100-mark; Check revised rates in your city
June 14, 2021 9:33 ISTThe price of petrol crossed the Rs 100-mark in Ladakh and stood at Rs 101.95 per litre on Monday.
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Diesel at Rs 100 mark in Rajasthan; Karnataka sees Rs 100/ltr petrol
June 13, 2021 14:44 ISTDiesel price on Saturday breached the Rs 100 per litre mark in Rajasthan after yet another increase in fuel rates, which also led to Karnataka becoming the 7th state to record Rs 100 a litre petrol.
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Coal India dividend 2021: Board likely to announce 20-25% additional dividend for shareholders
June 13, 2021 14:07 ISTCoal India Ltd is expected to reward its shareholders with an additional final dividend of 20-25 per cent in its board meeting on June 14
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IPO-bound LIC warns against misuse of its iconic logo
June 13, 2021 11:03 ISTLIC has issued a public warning over the unauthorized use or misuse of its iconic logo by anybody.
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GST council slashes tax on oximeters, hand sanitisers, Covid testing kits
June 12, 2021 16:46 ISTThe GST Council on Saturday slashed the tax rate on coronavirus medicines such as Remdesivir and equipment like oxygen concentrators and medical grade oxygen.
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GST Council meet begins, may consider duty cuts on medical supplies
June 12, 2021 14:46 ISTThe 44th meeting of the GST Council, the second this year in the midst of the second wave of Covid pandemic, began on Saturday morning through video conferencing.
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Fuel price hike: Both petrol-diesel cross Rs 100/L mark in Rajasthan's Sri Ganganagar
June 12, 2021 11:16 ISTThe city already had the distinction of having the highest pump price of petrol across the country at Rs 107.23 a litre. With diesel prices now increasing there by another 25 paisa per litre on Saturday it reached Rs 100.06 a litre.
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TRAI releases new technical framework for broadcasting and cable services
June 12, 2021 6:48 ISTThe TRAI said the technical framework is the first step to define an indigenous set of specifications in line with international standards, and it is expected to bring “several important benefits” to the television broadcasting sector as well as the consumers.
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RBI extends risk-based internal audit system to housing finance companies
June 11, 2021 19:11 ISTIn February this year, the RBI had issued a circular mandating the RBIA framework for select non-banking financial companies (NBFCs) and urban co-operative banks by March 31, 2022.
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How to manage finances during pandemic: Best tips and tricks
June 11, 2021 18:54 ISTLike most of our everyday stress, even the stress related to money management can be effectively dealt with. There are healthy strategies available that can help in managing finances as well as wellbeing.
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Kavach Personal Loan: SBI launches collateral-free loan scheme for Covid-19 patients
June 11, 2021 18:05 ISTSBI's Kavach Personal Loan will be part of the Covid loan book being created by banks as per the Reserve Bank of India's Covid relief measures.
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White House placed under temporary lockdown after car crashes near Lafayette Square
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Mamata Banerjee gets Delhi Police notice in 13-year-old case, asked to appear as witness
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Trinamool MLA Pareshram Das arrested in rape case while on his way to Mumbai
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White House placed under temporary lockdown after car crashes near Lafayette Square
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Mamata Banerjee gets Delhi Police notice in 13-year-old case, asked to appear as witness
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PM Modi speaks to Zelenskyy, reaffirms India's help in peaceful resolution of Ukraine war
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Two employees watch live cricket from office overlooking stadium, get caught on giant screen
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Woman shares why she 'felt like a man' during a routine 2 am cab ride in Mumbai
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Sanjiv Goenka identifies man in viral Bengali family's rickshaw video, calls it 'heartening'
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'Ravan strikes back': Viral video shows rockets firing from burning effigy in UP's Bulandshahr
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Bulandshahr: Man jumps from 60 feet after setting himself on fire, stunt captured on video