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  Tiktok, Helo apps shut down India business

  January 27, 2021 12:57 IST

  Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country.

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  Budget 2021: Gems, jewellery industry seeks cut in import duty, GST

  January 27, 2021 11:08 IST

  The gem and jewellery industry wants the Modi government to reduce customs duty on gold, withdraw of tax collected at source, cut in import duty on polished precious and semi-precious gemstones. 

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  IPO vs NFO: Which is better for investment - Basic difference, risk assessment

  January 27, 2021 10:59 IST

  It is often noticed that investors get confused between IPOs and NFOs as they presume that both offer similar opportunities for investment because they are primary market offerings.

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  Sensex drops over 210 points in early trade; energy, pharma stocks weigh

  January 27, 2021 9:57 IST

  On Monday, the Sensex tanked 530.95 points or 1.09 per cent to close the session at 48,347.59; and the Nifty shed 133 points or 0.93 per cent to close at 14,238.90.

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  Indian startups attract $10.14 billion in funding in 2020: Report

  January 26, 2021 20:52 IST

  Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said.

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  Missed train from Delhi, get full ticket refund: Northern Railway

  January 26, 2021 20:48 IST

  In view of the violent clashes across several parts of the national capital during the farmers' tractor rally on Tuesday, the Northern Railway said that the passengers who cannot reach stations are requested to apply for full refund of all trains departing from all the stations in Delhi.

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  Budget 2021: Healthcare service providers urge govt to increase healthcare spend

  January 26, 2021 18:51 IST

  The government should increase healthcare spend in the ensuing budget for ramping up the infrastructure in the sector, healthcare service providers have said.

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  Budget: Govt may announce steps to promote e-commerce exports, imports

  January 26, 2021 23:11 IST

  ​The government in the budget next week is expected to announce measures such as extending the facility of bulk clearance for e-commerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said.

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  Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UN

  January 26, 2021 11:19 IST

  India's economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 as lockdowns and other efforts to control the COVID-19 pandemic slashed domestic consumption, the UN has said. 

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  Fuel price today: Petrol crosses Rs 86 mark in Delhi, diesel above Rs 83 in Mumbai

  January 26, 2021 11:04 IST

  Petrol price on Tuesday edged past Rs 86 a litre mark in the national capital and diesel soared above Rs 76 after rates witnessed maximum increase in the last one year. 

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  Stove Kraft IPO nears oversubscription at close of first day of bidding

  January 25, 2021 21:10 IST

  The Rs 412.62-crore IPO of the manufacturer of kitchen appliances received bids for 58,38,776 shares against 58,94,642 shares on offer, translating into 99 per cent subscription, according to the data available with NSE.

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  Budget 2021: Toyota seeks simplification of laws, policy support for electric vehicles

  January 25, 2021 21:05 IST

  Spelling out its Budget wish-list on Monday, the automaker also sought policy measures to support production of electric and hybrid vehicles (xEVs) in the country.

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  Will Budget 2021 deliver the goods for real estate?

  January 28, 2021 15:00 IST

  The realty industry remains one of the most precise bellwethers of the state of India's economy. Like all other sectors, real estate, which contributes more than 8 percent to the Indian economy, too has expectations.

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  Govt plans to impose green tax on old polluting vehicles

  January 25, 2021 20:31 IST

  Under the scheme, transport vehicles older than eight years could be charged green tax at the time of renewal of fitness certificate at the rate of 10 to 25 per cent of road tax.

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  TCS once again becomes the most valued domestic firm by market capitalisation

  January 25, 2021 19:33 IST

  Country's largest software exporter Tata Consultancy Services (TCS) on Monday surpassed Reliance Industries Ltd to become the country's most valued firm by market capitalisation.

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  Bank of America gives special pandemic bonus to 97 per cent of its 1.7 lakh staff

  January 25, 2021 17:36 IST

  Bank of America is rewarding its over 1.7 lakh staff worldwide, including over 24,000 in India, with a cash award of USD 750 each to those earning under USD 1 lakh in annual compensation for the appreciation of their work through the pandemic. 

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  Budget 2021: Govt may tweak customs duties on several goods

  January 28, 2021 12:08 IST

  India's most-awaited budget is just a week away. Finance minister Nirmala Sitharaman will unveil the Budget 2021-22 on February 1. Meanwhile, sources have told PTI that the government may tweak customs duties on several goods to promote domestic manufacturing and exports.

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  Sensex tumbles 531 points; energy, IT stocks play spoilsport

  January 25, 2021 16:15 IST

  The BSE benchmark Sensex dived nearly 531 points to close at 48,348 on Monday, prolonging its losing streak to the third straight session, weighed down by massive selling particularly in energy and IT stocks.

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  Reliance Ebitda back to pre-pandemic levels driven by consumer businesses: Moody's

  January 25, 2021 16:10 IST

  Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's Investors Service said on Monday. 

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  Gold Price Today: Gold falls Rs 141; silver up marginally

  January 25, 2021 15:59 IST

  Gold prices fell Rs 141 to Rs 48,509 per 10 grams in the national capital on Monday, continuing the previous day's weakness, according to HDFC Securities.

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  Wealth amassed by 100 richest Indians during pandemic can give 13.8 cr poorest Rs 94k each: Oxfam

  January 25, 2021 12:52 IST

  India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the COVID-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.

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  UltraTech Cement shares gain over 5 percent on Q3 earnings boost

  January 25, 2021 11:48 IST

  Shares of UltraTech Cement on Monday gained over 5 per cent after the company more than doubled its consolidated net profit in the October-December quarter of FY2021. 

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  Sensex zooms over 340 points in early trade; financial stocks lead rally

  January 25, 2021 10:08 IST

  On Friday, the BSE Sensex had tumbled 746.22 points or 1.50 per cent to finish at 48,878.54, posting its largest single-session drop in a month; while, the NSE Nifty had slumped 218.45 points or 1.5 per cent to 14,371.90. 

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  IRFC IPO allotment today: How to check status, grey market premium, listing date and more

  January 25, 2021 8:51 IST

  IRFC IPO allotment status: The IRFC IPO was oversubscribed in the retail category. The Rs 4,633 crore IPO was over subscribed 3.49 times. IRFC listing is scheduled for January 29

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  Stove Kraft IPO opens today: Check price band, grey market details and more

  January 25, 2021 8:39 IST

  Stove Kraft Ltd, manufacturer of kitchen appliances, on Thursday said it has fixed a price band of Rs 384-385 a share for its initial public offer, which will open for subscription on January 25.

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  Is RBI banning ₹5, ₹10 and ₹100 notes? Here's the truth

  January 24, 2021 20:55 IST

  Is the Reserve Bank of India (RBI) planning to ban ₹5, ₹10, and ₹100 notes in the country? Ever since India announced the demonetization of ₹500 and ₹1,000 banknotes in the year 2016, there has been similar speculation about other denominations every now and then. Recently, a report claimed that the central bank was banning ₹5, ₹10, and ₹100 notes and that they won't be in circulation from March 2021. But how true is it?

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  India sees 19 IPOs worth $1.84 bn in 2020 December quarter: Report

  January 24, 2021 16:36 IST

  Reflecting strong momentum, India witnessed 19 initial public offers worth USD 1.84 billion in the fourth quarter of 2020 and market sentiment remains positive in what could be a stellar 2021, according to a report. 

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  Reliance spins off oil-to-chemical unit

  January 24, 2021 14:30 IST

  Reliance for the first time reported integrated earnings of the O2C business in its third quarter financial results