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  Sensex snaps 10-session winning run, drops 264 points

  January 06, 2021 16:02 IST

  Snapping its 10-session winning run, equity benchmark Sensex tumbled 264 points on Wednesday, dragged by losses in Reliance Industries, ITC and Infosys. 

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  Bank fixed deposit: These 3 banks are offering up to 7.5% interest on FDs | Check latest rates

  January 06, 2021 14:40 IST

  Many banks are even offering interest rates on fixed deposits (FDs) ranging from 7 percent to 7.5 percent. Fixed deposits ranging from 7 days to 10 years are offered by top lenders like the State Bank of India (SBI), ICICI, HDFC Bank, Axis Bank and others. At present, SBI offers an interest rate of 4.90% for a tenure between 1 year and 2 years for deposits up to Rs 2 crore.

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  SpiceJet to operate 21 new flights from January 12 | Check routes and other details

  January 06, 2021 12:06 IST

  SpiceJet said on Wednesday it would operate 21 new domestic and international flights from January 12. The airline will introduce two weekly flights on the route from Mumbai to Ras Al-Khaimah in the UAE and increase frequency on the Delhi-Ras Al-Khaimah route to four weekly flights

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  Fuel Price skyrocket: Petrol, diesel prices rise breaking month-long pause

  January 06, 2021 11:32 IST

  Across the country as well the price of the two petroleum products increased at varied levels depending on the prevalent taxation structure.

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  DoT likely to issue notice for spectrum auction this week

  January 05, 2021 22:11 IST

  The Department of Telecom is expected to issue the notice for upcoming spectrum auction this week that will have timelines and rules to bid for airwaves.  

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  ITR 2019-20: Over 5 crore income tax returns filed till January 4

  January 05, 2021 21:50 IST

  Over 5 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till January 4, the Income Tax Department said on Tuesday. The government has extended the ITR filing deadline for individuals till January 10, and for companies till February 15.  

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  Indian economy expected to contract by 9 .6% in 2020-21: World Bank

  January 05, 2021 21:45 IST

  India’s economy is estimated to contract by 9.6 per cent in the fiscal year 2020-21, reflecting a sharp drop in household spending and private investment, and the growth is expected to recover to 5.4 per cent in 2021, the World Bank said on Tuesday.

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  How Kisan Vikas Patra will bring you more benefits over investing in FDs

  January 05, 2021 18:47 IST

  Kisan Vikas Patra is yet another public investment scheme that double the money in a limited amount of time. Just like FDs, Kisan Vikas Patra is also a beneficial and traditional system of investments. Kisan Vikas Patra is also called Post Office Savings Schemes and give better interest over regular FDs.

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  Apple temporarily closes all stores in UK amid surge in COVID-19 cases

  January 05, 2021 17:45 IST

  Apple operates 38 stores in the UK, 20 of which had already closed between December 22.

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  Sensex drops over 100 points; Nifty slips below 14,100

  January 05, 2021 10:05 IST

  In the previous session, Sensex ended 307.82 points or 0.64 per cent higher at 48,176.80, and Nifty jumped 114.40 points or 0.82 per cent to its fresh lifetime high of 14,132.90.

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  RBI imposes Rs 7 lakh penalty on 2 banks for violation of KYC, other norms

  January 04, 2021 21:17 IST

  The RBI on Monday said it has imposed a total penalty of Rs 7 lakh on two co-operative banks, including Rs 5 lakh on Vyavasayik Sahakari Bank Maryadit, for violation of KYC and other norms.  

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  Atal Pension Yojana gets over 52 lakh new subscribers in FY21 so far

  January 04, 2021 21:12 IST

  Over 52 lakh new subscribers have joined Atal Pension Yojana (APY) during 2020-21 so far, taking the total enrolment under the government's social security scheme to 2.75 crore at end-December, an official release said.  

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  Another Rs 6,000 crore released to states to meet GST compensation shortfall

  January 04, 2021 20:14 IST

  The Union Finance Ministry has released the 10th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.

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  Honda 2-wheelers India domestic sales jump 5% in December 2020

  January 04, 2021 20:08 IST

  Domestic sales last month stood at 2,42,046 units as against 2,30,197 units in December 2019, a growth of 5 per cent

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  Chinese firm gets contract for construction of Delhi-Meerut RRTS project

  January 04, 2021 14:30 IST

  The National Capital Region Transport Corporation (NCRTC) has awarded a contract to a Chinese company, Shanghai Tunnel Engineering Company Limited, for the construction of a 5.6-kilometre underground stretch, from New Ashok Nagar to Sahibabad, of the Delhi-Meerut RRTS project.

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  Income tax calendar 2021: Important dates and deadlines you should know

  January 04, 2021 14:10 IST

  The Income Tax department extended the income tax filing dates for the thrid time. Individuals who do not have to file tax audit reports and were to file their income tax returns for FY20 by 31 December got time till January 10.

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  BEML shares zoom nearly 8% as govt invites preliminary bids for 26% stake sale

  January 04, 2021 11:40 IST

  Shares of BEML jumped nearly 8 per cent in early trade on Monday after the government invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in the defence PSU. The stock gained 7.77 per cent to Rs 1,050 at the BSE. On the NSE, it zoomed 7.74 per cent to Rs 1,051.

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  Jio towers vandalism: Reliance moves Punjab & Haryana HC seeking govt's intervention, blames 'rivals

  January 04, 2021 16:38 IST

  Reliance has moved a petition in Punjab and Haryana High Court seeking urgent intervention of government authorities to bring a complete stop to illegal acts of vandalism by miscreants.

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  Sensex jumps nearly 300 points in early trade; Nifty tops 14,100

  January 04, 2021 10:04 IST

  In the previous session, Sensex rose by 117.65 points or 0.25 per cent to close at a fresh lifetime-high of 47,868.98, while Nifty closed at an all-time high of 14,018.50.

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  Massive crackdown on GST evaders: Govt takes action against 7000 entities; 5 CAs among 187 arrested

  January 03, 2021 22:55 IST

  ​In a massive crackdown on GST evaders, the government has initiated action against 7,000 entities including the arrest of 187 -- a campaign that contributed to buoyancy in tax collection.

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  Debit, credit card holders ALERT! Data of 10 crore Indians being sold on Dark Web

  January 05, 2021 17:04 IST

  ​Independent cyber security researcher Rajshekhar Rajaharia claimed on Sunday that data of nearly 10 crore credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web.

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  GST officials detect over Rs 830 cr tax evasion by Delhi-based pan-masala manufacturing unit

  January 03, 2021 14:32 IST

  The firm was evading the payment of Goods and Services Tax (GST) by manufacturing and clandestinely supplying gutkha/pan masala/tobacco products without any registration and payment of duty, it said.

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  Macro data, vaccination news, quarterly earnings to drive markets this week: Analysts

  January 03, 2021 10:42 IST

  On a weekly basis, the Sensex advanced 895.44 points or 1.90 per cent, while the Nifty climbed 269.25 points or 1.95 per cent.

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  Seven of top-10 firms add Rs 75,845 cr in cumulative m-cap; HDFC twins top gainers

  January 03, 2021 10:42 IST

  Seven of the top-10 most valued domestic firms together added Rs 75,845.46 crore in market valuation in the past week, with HDFC twins emerging as the biggest gainers. Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were other gainers

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  GST collections at all-time high of over Rs 1.15 lakh crore in December 2020

  January 01, 2021 14:13 IST

  GST collections touched a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and reflating economy.

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  Zomato flushed with orders on New Year's Eve

  January 01, 2021 14:01 IST

  With Covid-19 keeping many revellers indoors even on New Year's Eve, food delivery platforms seem to be having a hard time meeting the sudden spike in demand, with orders on Zomato alone going up to over 3,200 per minute on Thursday evening.

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  CCPA seeks RBI intervention on banks delaying refund in case of failed transactions

  January 01, 2021 13:16 IST

  Amid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.

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  Commercial LPG cylinder price hiked by Rs 17 per cylinder

  January 01, 2021 11:48 IST

  The Indian Oil Corporation has left the price of non-subsidised LPG cylinders unchanged at existing levels on January 1. However, the commercial customers will have to shell out an additional Rs 17 per cylinder.