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  Investor wealth grows a mammoth Rs 32.49 lakh crore in pandemic-hit 2020

  December 31, 2020 19:22 IST

  ​Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic.

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  Retail inflation for industrial workers eases to 5.27% in November

  December 31, 2020 18:45 IST

  ​Retail inflation for industrial workers eased to 5.27 per cent in November compared to 5.91 per cent in October, mainly due to lower prices of certain food items.  

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  Good news! EPFO begins crediting 8.5% interest rate for over 6 crore members. Check details

  December 31, 2020 17:25 IST

  ​In what comes as pleasant news with the beginning of 2021, retirement fund body EPFO on Thursday began crediting 8.5 percent rate of interest on employees' provident fund (EPF) for 2019-20 for its over six crore members.

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  Revamped IRCTC e-ticketing website and app launched - Check features

  December 31, 2020 14:57 IST

  Indian Railways has revamped and upgraded its e-ticketing website irctc.co.in and IRCTC Rail Connect Mobile App, which are used for booking of railway tickets ‘online’. Minister of Railways Piyush Goyal launched the upgraded e-ticketing website and app onthe last day of 2020.  

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  New Year gift! Reliance Jio voice calls to other networks in India to be FREE from January 1

  December 31, 2020 14:27 IST

  Mukesh Ambani-owned Reliance Jio Infocomm has announced that all voice calls from Jio to other networks in India will be free from January 1, 2021 as Interconnect Usage Charge (IUC) regime comes to an end.

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  Zhong Shanshan, owner of largest Chinese beverage company, is Asia's richest person

  December 31, 2020 13:42 IST

  Chinese billionaire businessman Zhong Shanshan has replaced India's Mukesh Ambani to become Asia's richest person. He has also eclipsed Chinese tech giants including Jack Ma in the list.  

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  Nifty hits 14,000-mark on last trading day of 2020

  December 31, 2020 11:27 IST

  The National Stock Exchange breached the psychological 14,000 mark for the first time to trade at 14007.5 at 10:40 am.

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  New Year's Eve: Liquor shops in Telangana allowed to be open till 31st December midnight

  December 31, 2020 10:30 IST

  Police said they will undertake extensive checks to curb drunken and rash driving and other traffic violations in the interest of public order and safety.

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  Sensex, Nifty flat in early trade, energy financials stocks advance

  December 31, 2020 10:16 IST

  Key benchmark indices Sensex and Nifty were trading flat in the early session on the last trading day of 2020 with IT and FMCG stocks cancelling out gains made by financials and energy shares.

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  Modi govt approves multi-modal logistics, transport hub at Greater Noida; to generate 1 lakh jobs

  December 31, 2020 9:27 IST

  The Union Cabinet has approved construction of multi-modal logistics and transport hub at Greater Noida in Uttar Pradesh with an estimated cost of Rs 3,883.80 crore.

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  Big bank fraud! Consortium of banks suffer loss of over Rs 4,837 crore, CBI probe underway

  December 30, 2020 22:48 IST

  The Central Bureau of Investigation (CBI) has registered a case against a private company based at Hyderabad and others including its managing Director, Joint Managing Director, and unknown public servants/others on a complaint from State Bank of India, Hyderabad.

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  Due date for filing income tax returns extended. Check details

  December 30, 2020 23:03 IST

  In view of the continued challenges faced by taxpayers in meeting statutory compliances due to the outbreak of COVID-19, the government on Wednesday further extends the dates for various compliances.

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  RCom group owes around Rs 26,000 cr to Indian banks, financial institutions: Company

  December 30, 2020 16:54 IST

  Debt-ridden telecom firm Reliance Communications on Wednesday said the group owes around Rs 26,000 crore to Indian banks and financial institutions.  

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  India tops charts for OYO as most booked country, Delhi records most bookings across world: Oyo

  December 30, 2020 16:52 IST

  Even as travel and hotel industry were the worst affected during the pandemic, OYO said India has topped the chart for the hospitality chain as the most booked country after the unlocking of economy and gradual easing of global restrictions.

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  Sensex, Nifty extend record run on vaccine booster

  December 30, 2020 16:31 IST

  Benchmark indices Sensex and Nifty raced to fresh record highs on Wednesday as gains in financials, auto and IT shares helped markets extend their winning run for the sixth straight session. 

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  Gold Price Today: Gold declines marginally; silver gains Rs 205

  December 30, 2020 16:19 IST

  Gold prices declined marginally by Rs 16 to Rs 49,484 per 10 gram in the national capital on Wednesday amid a stronger rupee, according to HDFC Securities.

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  Income Tax Returns: Over 4.54 crore ITRs filed for fiscal 2019-20 till Dec 29

  December 30, 2020 15:55 IST

   At the close of deadline for filing ITRs without payment of late fees for fiscal 2018-19 (assessment year (AY) 2019-20), over 5.65 crore returns were filed by taxpayers.

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  Tata Sons to acquire 32.67% more in AirAsia India for USD 37.66 mn; stake to rise to 83.67%

  December 29, 2020 22:58 IST

  Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for USD 37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing.

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  I-T raids hawala dealers in Delhi; detects suspect transactions worth Rs 300 crore

  December 29, 2020 22:41 IST

  The Income Tax department raided a number of hawala operators in Delhi and detected suspect transactions worth Rs 300 crore, the CBDT said on Tuesday.  

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  Bank fraud! CBI files chargesheet against 24 accused for alleged loss of over Rs 297 crore to variou

  December 29, 2020 21:31 IST

  The Central Bureau of Investigation (CBI) has today filed a chargesheet before Special Judge for CBI cases, Mumbai against 24 accused including a private company based at Mumbai, its director, Chartered Accountant, then officials of Indian Overseas Bank, Directors/proprietor of associated companies/firms etc for causing an alleged loss of Rs 297.80 crore (approx) to the bank.

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  Phase-II of Air India disinvestment to start Jan 5

  December 29, 2020 17:14 IST

  The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders. 

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  Markets on a roll: Sensex, Nifty scale new peaks, log gains for 5th day

  December 29, 2020 16:21 IST

  Equity benchmark indices Sensex and Nifty continued their bull run for the fifth straight session on Tuesday to scale new peaks as investor sentiment remained upbeat amid positive domestic and global cues. 

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  Gold Price Today: Gold rises marginally, silver gains Rs 36

  December 29, 2020 17:14 IST

  Gold prices rose marginally by Rs 39 to Rs 49,610 per 10 gram in the national capital on Tuesday, continuing the upside for the third consecutive day, in line with the rally in international prices of the precious metal, according to HDFC Securities.

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  Sensex, Nifty continue record run in opening session

  December 29, 2020 10:23 IST

  On Monday, the Sensex had settled up by 380.21 points or 0.81 per cent at its all-time closing high of 47,353.75; and the Nifty too had risen by 123.95 points or 0.90 per cent to a new closing high of 13,873.20.

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  US stocks hit record high after Trump signs 900 billion Covid relief bill

  December 29, 2020 10:13 IST

  US stocks hit record highs after President Donald Trump signed the latest COVID-19 relief bill into law, ending the stand-off on the issue that had held up financial aid for Americans affected by the pandemic.

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  Dedicated Freight Corridor: PM Modi inaugurates New Bhaupur-New Khurja section of EDFC

  December 29, 2020 12:00 IST

  The 351-km New Bhaupur-New Khurja section of the EDFC is situated in Uttar Pradesh and has been built at a cost of Rs 5,750 crore.

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  Maintaining 4 per cent inflation appropriate for India: RBI paper

  December 28, 2020 21:34 IST

  Under the current dispensation, the RBI has been mandated by the government to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.

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  Finance Ministry releases weekly instalment of Rs 6,000 crore to meet GST shortfall

  December 28, 2020 20:17 IST

  The Ministry of Finance in a statement said it has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.