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  BharatPe becomes top fintech lender for merchants during coronavirus pandemic

  October 01, 2020 21:12 IST

  BharatPe has announced that it has recorded disbursal of over Rs 80 crores in the month of September 2020, making it the largest fintech lender for merchants in India during the pandemic. The company has facilitated loan disbursals to the tune of Rs 150 crores through its partners in the current quarter.

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  Gold Price Today: Gold rises marginally by Rs 37, silver declines Rs 915

  October 01, 2020 17:01 IST

  Gold prices rose marginally by Rs 37 to Rs 51,389 per 10 gram in the national capital on Thursday in line with a positive global trend, according to HDFC Securities. 

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  Sensex rallies 629 points; Nifty reclaims 11,400

  October 01, 2020 16:11 IST

  Equity benchmark Sensex rallied 629 points on Thursday driven by strong buying sentiment in financial stocks amid positive domestic and global cues. 

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  GST collections at Rs 95,480 crore in September

  October 01, 2020 16:08 IST

  The Goods and Services Tax (GST) collections in September stood at Rs 95,480 crore, the highest level so far this fiscal, the Finance Ministry said on Thursday. 

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  PVR, INOX shares zoom up to 18 per cent as cinemas to reopen from Oct 15

  October 01, 2020 13:35 IST

  The Union Home Ministry on Wednesday issued new guidelines for permitting more activities in areas outside containment zones that include opening up cinemas, theatres and multiplexes with up to 50 per cent of their seating capacity from October 15.

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  After Paytm, Google goes after Zomato, Swiggy over IPL cashbacks, sends notices

  October 01, 2020 13:16 IST

  After a face-off with leading digital payments platform Paytm, Google sent notices to Zomato and Swiggy for running cashback-based IPL games and both the food aggregator platforms have decided to pause their virtual gaming leagues.

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  $500M loan approved for Delhi-Ghaziabad-Meerut RRTS, $241M for Mumbai Metro

  October 01, 2020 11:24 IST

  The New Development Bank (NDB) of the BRICS countries has approved USD 241 million loans for Mumbai Metro and USD 500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project.

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  IDFC First Bank MD gifts Rs 30 lakh shares to his former school teacher

  September 30, 2020 21:49 IST

  As a token of gratitude to his former school teacher, IDFC First Bank MD and CEO V Vaidyanathan has transferred one lakh equity shares worth around Rs 30 lakh without any consideration to Gurdial Saroop Saini. 

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  Cinemas halls, multiplexes to reopen with 50 per cent capacity from Oct 15

  September 30, 2020 21:26 IST

  The Ministry of Home Affairs (MHA) on Wednesday issued new guidelines for re-opinng of more activities as the nation entres in the next phase of coronavirus unlock. According to MHA guidelines, Cinemas halls, theatres, multiplexes will be permitted to open with upto 50 per cent of their capacity.

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  Income Tax Filing FY19-20: I-T department extends ITR filing deadline till Nov 30

  September 30, 2020 18:02 IST

  ITR Filing: The last date for Income Tax Return (ITR) filing for 2019-20 has been extended by two months till November 30 by the Income Tax Department on Wednesday.

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  House price index rises 2.8 per cent on annual basis: RBI

  September 30, 2020 17:26 IST

  The all-India House Price Index (HPI) rose 2.8 per cent in the first quarter of the current financial year on an annual basis, according to data released by the Reserve Bank of India. 

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  Uber partners with HelpAge to provide 1,000 free monthly rides to elderly across 12 cities

  September 30, 2020 16:52 IST

  Uber will provide these rides across Ahmedabad,Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Delhi NCR, Hyderabad, Kochi, Kolkata, Lucknow and Mumbai from October to December 2020

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  Sensex ends 95 points higher in see-saw session

  September 30, 2020 16:05 IST

  Equity benchmark Sensex ended 95 points higher on Wednesday, tracking gains in index majors HDFC twins, HUL and ITC amid mixed cues from global markets. 

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  Gold Price Today: Gold falls Rs 26, silver declines Rs 201

  September 30, 2020 15:56 IST

  Gold prices declined marginally by Rs 26 to Rs 51,372 per 10 gram in the national capital on Wednesday amid weak global prices and rupee appreciation, according to HDFC Securities. 

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  India's current account surplus rises to USD 19.8 billion in June quarter

  September 30, 2020 14:44 IST

  According to Reserve Bank of India's data on India's Balance of Payments (BoP), a year-on-year basis the Q1FY21 surplus stood at $19.8 billion from a deficit of $15 billion reported for the corresponding period of the previous fiscal.

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  India's current account surplus rises to USD 19.8 billion in June quarter

  September 30, 2020 14:27 IST

  ​The country's current account surplus rose to USD 19.8 billion or 3.9 per cent of GDP in the June quarter as merchandise imports declined amid the COVID-19 pandemic, the Reserve Bank said on Wednesday.  

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  Amazon India creates over 1 lakh seasonal job opportunities ahead of festive season

  September 30, 2020 14:26 IST

  E-commerce major Amazon India on Wednesday said it has created more than one lakh seasonal job opportunities ahead of the festive season across its operations network in the country.

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  CBDT clarifies on 1% TDS on e-commerce transactions

  September 30, 2020 10:02 IST

  Providing clarification on the 1 per cent tax deducted at source (TDS) on e-commerce transactions, the CBDT on Tuesday said that that the payment gateway will not be required to deduct the tax under section 194-0 of the Income-Tax Act on a transaction, if the tax has been deducted by the ecommerce operator under the section concerned of the Act, on the same transaction.

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  General Atlantic to invest ₹3,675 crore in Reliance Retail for 0.84% stake

  September 30, 2020 9:12 IST

  General Atlantic, a leading US-based global growth equity firm, will invest Rs 3,675 crore for a 0.84 percent stake in Reliance Retail.    

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  Disney to lay off 28,000 theme park employees as coronavirus hammers businesses

  September 30, 2020 8:09 IST

  As many as 28,000 people are set to be laid off by Disney in the United States as the coronavirus pandemic continues to eat into businesses worldwide. 

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  I-T Dept issues guidelines for applicability of TCS provision with effect from Oct 1 

  September 29, 2020 22:40 IST

  The Income Tax Department on Tuesday issued guidelines for applicability of TCS provision which requires an e-commerce operator to deduct 1 per cent tax on the sale of goods and services with effect from October 1.

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  Coming up! 3 lakh jobs in e-com as Amazon, Flipkart ready festival sales

  September 29, 2020 21:25 IST

  With the festive season round the corner, e-commerce firms such as Amazon and Flipkart are ramping up their delivery capabilities, by investing in warehousing infrastructure as well as hiring more on-ground staff.

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  Lufthansa cancels all flights from India till Oct 20 after issue with DGCA

  September 29, 2020 23:24 IST

  Lufthansa Airtlines, largest German airline and combined with its subsidiaries, is the second largest airline in Europe in terms of passengers carried, has cancelled all flights from India between September 30 to October 20 after issue with DGCA on number of flights allowed per week.

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  Indian Bank unveils IB-eNote facility

  September 29, 2020 19:30 IST

  Public sector Indian Bank has unveiled its IB-eNote facility, aimed at providing a paperless working environment and to improve the turnaround time considerably.

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  Amazon infuses Rs 1,125cr into India unit ahead of festive sales

  September 29, 2020 17:03 IST

  US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents.

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  Sensex, Nifty end marginally lower after choppy trade

  September 29, 2020 16:25 IST

  Equity benchmarks Sensex and Nifty ended marginally lower on Tuesday amid lack of directional cues from domestic as well as global markets.

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  Hurun India Rich list 2020: Mukesh Ambani tops for 9th consecutive year | Check top 10 billionaires

  September 29, 2020 14:19 IST

  IIFL Wealth Hurun India Rich List 2020: Reliance Industries MD and chairman Mukesh Ambani continues to be the richest Indian for the ninth consecutive year on Hurun India Rich List 2020 with Rs 6,58,400 crore of personal wealth.

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  Tata App: Walmart likely to join hands with Tata Group, may invest up to $25 bn in super app

  September 29, 2020 12:47 IST

  Walmart Inc. is in talks with Tata Group for an investment of up to $25 billion in the proposed "super app" of the salt-to-software conglomerate, the Mint newspaper reported on Tuesday, citing people familiar with the matter.