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  Economic Survey 2020-21 to be presented in Parliament on Jan 29

  January 27, 2021 19:49 IST

  Ahead of the Union Budget presentation 2021-2022 on February 1, the Economic Survey 2020-21 will be presented in Parliament on January 29.

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  Income Tax: I-T refunds worth Rs 1.81 lakh crore issued so far in FY21

  January 27, 2021 18:27 IST

  The Income Tax Department on Wednesday said it has issued over Rs 1.81 lakh crore worth refunds to more than 1.74 crore taxpayers so far this fiscal year. 

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  Budget 2021: What startups expect from Modi sarkar

  January 27, 2021 17:38 IST

  With the Union Budget 2021 less than a week away, various sectors are expecting Finance Minister Nirmala Sitharaman to make some big-ticket announcements. While the focus is likely to be on the revival of the economy hit hard by the pandemic, the startup sector has its own expectations.   

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  Reliance signs $15 million deal with Israeli firm for COVID-19 rapid test kits

  January 27, 2021 17:11 IST

  Reliance Group has signed a USD 15 million deal with Israeli company Breath of Health (BOH) to distribute the firm's swift COVID-19 breath testing system that provides results within seconds.

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  Infosys recognised as the fastest growing top 10 IT services brand

  January 27, 2021 17:00 IST

  ​Infosys announced on Wednesday that it has been recognised as the fastest growing among the top ten IT services brands, by brand valuation firm 'Brand Finance', in its Global 500 2021 report.

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  Sensex tanks 938 points; Nifty crashes below 14,000-level

  January 27, 2021 16:20 IST

  The BSE benchmark Sensex crashed 938 points to slip below the 47,500 mark and the NSE Nifty plunged below the psychological 14,000 level due to rampant selling across counters.

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  'TCS 3rd most-valued IT services brand globally, closes gap behind IBM'

  January 27, 2021 16:18 IST

  Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL, and Wipro -- secured spots in the top-10 global tally.  

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  Gold Price Today: Gold declines Rs 231; silver tanks Rs 256

  January 27, 2021 15:52 IST

  Gold prices declined Rs 231 to Rs 48,421 per 10 gram in the national capital on Wednesday, according to HDFC Securities.

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  India's new agri laws have potential to raise farm income: IMF

  January 27, 2021 14:55 IST

  There are multiple areas where the reforms are needed, including infrastructure, the Chief Economist of the Washington-based global financial institution said on Tuesday.

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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.