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  Fivefold increase in 10 years! SBI home loan portfolio crosses Rs 5 trillion-mark

  February 10, 2021 15:31 IST

  The Real Estate and Housing Business unit of SBI has grown 5 times in the last 10 years with assets under management of Rs 89,000 crore in 2011 to Rs 5 trillion in 2021.

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  Jio, Airtel, Vodafone Idea apply for participating in spectrum auction

  February 09, 2021 22:13 IST

  This round of auction will be held for 2,251.25 Megahertz (MHz) in seven frequency bands -- 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz 2100 Mhz, 2300 Mhz and 2500 Mhz -- at a cumulative base price of Rs 3.92 lakh crore.

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  Tata Steel posts over Rs 4,010 crore profit for October-December

  February 09, 2021 21:01 IST

  Tata Steel swung back into black in the October-December quarter posting a consolidated profit of Rs 4,010.94 crore for the quarter on the back of increased income.  

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  GST officers bust network of 46 fake firms used to fraudulently claim Rs 82 crore input tax credit

  February 09, 2021 20:10 IST

  GST officers have busted a network of 46 fake firms which used to generate fake invoices and fraudulently avail input tax credit (ITC) worth Rs 82.23 crore, the finance ministry said on Tuesday.

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  Gold Price Today: Gold rises Rs 495; silver falls by Rs 99

  February 09, 2021 17:44 IST

  Gold prices rose Rs 495 to Rs 47,559 per 10 grams in the national capital on Tuesday, in line with a rally in the international market, according to HDFC Securities.

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  Good news for NPS and APY subscribers: PFRDA to begin e-KYC services

  February 09, 2021 17:27 IST

  National Pension System (NPS) and Atal Pension Yojana (APY) are the two flagship schemes of the PFRDA. While the NPS caters to the organised sector employees, the APY is designed to meet the pension needs of those working in the unorganised sector.

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  Up to 10% of LIC IPO issue size to be reserved for policyholders

  February 09, 2021 17:20 IST

  The LIC Amendment Act has been made part of the Finance Bill, thereby bringing the required legislative amendment for launching IPO of the country's largest life insurer.

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  Finalising bill on crypto currencies, will come soon: Govt

  February 09, 2021 17:05 IST

  The government informed the Rajya Sabha on Tuesday that a bill on crypto currencies was being finalised and it will soon be sent to the Cabinet.

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  Income Tax Rates For FY 2021-22: How to choose between Old Regime and New Regime

  February 09, 2021 16:50 IST

  The new Income Tax regime effective from April 1, 2020, co-exists with the old Income Tax regime. It offers lower, concessional tax rates compared to the rates offered in the existing rates.

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  Bank unions call for two-day strike. Check details

  February 09, 2021 16:19 IST

  ​The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given a call for a two-day strike in March against the proposed privatization of two-state owned lenders. According to the UFBU, the two-day strike will begin on March 15.   

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  Sensex, Nifty snap 6-session winning run; end marginally lower

  February 09, 2021 16:13 IST

  Snapping their six-session winning streak, equity benchmarks Sensex and Nifty ended marginally lower on Tuesday amid profit-booking in IT, FMCG and auto stocks. 

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  Good News! Modi government relaxes rules for family pension to disabled survivors

  February 09, 2021 15:30 IST

  A child or sibling of a deceased government servant or pensioner, who is suffering from a mental or physical disability, shall be eligible for family pension for life.

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  Petrol, diesel prices at fresh highs; petrol crosses Rs 87 mark in Delhi

  February 09, 2021 12:10 IST

  Petrol and diesel prices on Tuesday climbed to fresh highs in the country as rates were hiked after a three-day hiatus.

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  Tesla invests $1.5 billion in Bitcoin, cryptocurrency surges to $44K

  February 09, 2021 10:21 IST

  Tech billionaire Elon Musk's electric vehicle company Tesla has invested $1.5 billion in the Bitcoin cryptocurrency, according to its annual 10-K report filed with the US Securities and Exchange Commission (SEC) on Monday. 

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  RBI receives complaints against 1,509 digital lending apps

  February 08, 2021 21:41 IST

  The RBI has received complaints against 1,019 unregistered or unregulated digital loan applications and 490 registered NBFCs that are engaged in digital lending, Minister of State for Finance Anurag Singh Thakur said.

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  5G to roll out in India by early-2022; parliamentary panel pulls up DoT for delay

  February 08, 2021 20:55 IST

  The government expects that the roll-out of 5G services will begin in early-2022 after another round of spectrum auction that is planned to be held after six month, according to a panel report tabled in Parliament on Monday.

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  Tesla buys $1.5 billion in Bitcoin, will accept as payment soon

  February 08, 2021 20:30 IST

  ​Tesla has acquired around $1.5 billion in Bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for vehicles soon.  

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  Delhi Cooperative Housing Finance Corporation slashes interest rates on housing loans

  February 08, 2021 19:38 IST

  In a good news for home buyers, the Delhi Cooperative Housing Finance Corporation Limited has slashed interest rates on housing loans from 7.45 per cent to 6.75 per cent, an official statement said on Monday. 

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  Markets scale fresh peaks; Sensex rallies 617 points to close above 51,000-mark

  February 08, 2021 17:07 IST

  Extending its winning streak to the sixth session, equity benchmark Sensex rallied 617 points to end above the 51,000-mark for the first time on Monday, tracking strong gains in Infosys, ICICI Bank and Reliance Industries amid a positive trend in global markets.

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  Gold Price Today: Gold rises Rs 94; silver jumps Rs 340

  February 08, 2021 15:50 IST

  Gold prices rose by Rs 94 to Rs 46,877 per 10 gram in the national capital on Monday, halting the five-day rally, supported by recovery in international prices, according to HDFC Securities.

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  Visa announces grants for women-owned businesses in India

  February 08, 2021 14:50 IST

  Visa on Monday announced the recipients of its grant programme in India to boost women entrepreneurship globally and empower budding businesswomen.

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  Sensex rallies over 600 points to hit record high; Nifty tops 15,100

  February 08, 2021 10:23 IST

  Equity benchmark Sensex rallied over 600 points to scale fresh lifetime high in early trade on Monday tracking strong gains in index majors ICICI Bank, HDFC Bank and M&M amid a positive trend in global markets.

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  Govt to work with RBI for execution of bank privatisation plan: Nirmala Sitharaman

  February 07, 2021 16:53 IST

  Finance Minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announced in the budget. 

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  Delhi Metro facing financial distress owing to Covid pandemic

  February 07, 2021 12:54 IST

  The Delhi Metro Rail Corporation (DMRC) has been facing financial stress with losses to the tune of Rs 1,500 crore during the heydays of the pandemic induced lockdown.

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  11 merchant bankers in fray for managing govt’s 26.12% stake sale in Tata Comm

  February 07, 2021 12:06 IST

  The merchant bankers would be making presentations before the officials of the Department of Investment and Public Asset Management on February 9,

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  Reliance buys two-thirds of own gas from KG-D6; GAIL, Shell among other buyers

  February 07, 2021 11:29 IST

  Reliance and its partner UK's BP Plc on Friday auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country.

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  Four more states complete ease of doing business reforms

  February 07, 2021 9:27 IST

  Four more states -- Assam, Haryana, Himachal Pradesh, and Punjab have undertaken "Ease of Doing Business" reforms stipulated by the finance ministry.

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  Beer to cost less in Rajasthan from April 1

  February 07, 2021 7:41 IST

  Here is some news that will cheer the tipplers in Rajasthan. As per the state excise policy for 2021-22 declared on Saturday, beer shall be available at a cheaper rate from April 1 onwards.