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  BP, Reliance to retail fuel under 'Jio-bp' brand

  July 09, 2020 23:20 IST

  Global energy supermajor BP plc and Reliance Industries Ltd on Thursday announced the start of their fuel retailing joint venture under the brand 'Jio-bp'.

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  Gold gains Rs 232, silver zooms Rs 1,275  

  July 09, 2020 18:10 IST

  Gold prices rose by Rs 232 to Rs 50,184 per 10 gram in the national capital on Thursday, in line with gains in international price of the precious metal, according to HDFC Securities.

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  Rupee recovers to 74.99 against dollar amid gains in equity markets

  July 09, 2020 17:39 IST

  The rupee pared some of its early gains to settle marginally up by 3 paise at 74.99 against the US dollar on Thursday tracking weakness in the greenback and gains in the domestic equity market.

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  ED attaches over Rs 2,200 crore assets of Rana Kapoor, others in Yes Bank PMLA case'

  July 09, 2020 17:25 IST

  Assets worth about Rs 2,203 crore of Yes Bank co-founder Rana Kapoor and others have been attached by the Enforcement Directorate (ED) under the anti-money laundering law, officials said on Thursday.

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  Sensex rallies 409 pts; Nifty tops 10,800-level

  July 09, 2020 16:16 IST

  Resuming its upward movement after a day's breather, equity benchmark Sensex rallied 409 points on Thursday, tracking gains in index-heavyweights HDFC twins and Reliance Industries amid positive cues from overseas markets.

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  Navtez Bal to lead Microsoft's public sector business in India

  July 09, 2020 14:13 IST

  Microsoft has appointed former McKinsey & Company executive Navtez Bal to lead its public sector business in India.

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  COVID-19 scare: Diamond industry workers leaving Surat in large numbers

  July 09, 2020 12:18 IST

  Surat Luxury Bus Operators Association president Dinesh Andhan claimed that on an average, 300 buses carrying nearly 6,000 people, mostly diamond industry workers, leave from Surat every day for Saurashtra and north Gujarat, from where these workers had come here in search of work.

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  Yes Bank to raise up to Rs 15,000 crore through FPO; offer to open on July 15

  July 09, 2020 10:54 IST

  Private sector lender Yes Bank on Thursday said it has filed a red herring prospectus to raise up to Rs 15,000 crore through issuance of fresh equity shares in its further public offering (FPO). The offer will open on July 15, 2020 and close on July 17, 2020.

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  Mother Dairy launches Ice Cream-Chocolate, calls it Rocket

  July 08, 2020 22:47 IST

  Milk and dairy products brand Mother Dairy has launched an 'Ice Cream-Chocolate' by the name Rocket. It comes in two flavours, French Vanilla and Belgian Chocolate. Mother Dairy is aiming at teen and pre-teen demographic as the prime customer base.

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  ITR Filing FY 19-20: Key dates and things to remember

  July 08, 2020 22:18 IST

  ITR Filing: The last date for Income Tax Return (ITR) filing for AY 2020-21 has been extended by the Income Tax Department. It will be applicable for filing of ITR for the financial year 2019-20. Here're the important things you need to know about Income Tax Return filing.

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  Cipla launches generic version of remdesivir in India

  July 08, 2020 21:24 IST

  Pharma major Cipla on Wednesday said it has launched its generic version of antiviral drug remdesivir at a price which is among the lowest globally and is looking to supply over 80,000 vials within the first month.

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  Uber to provide donors free transport to plasma bank

  July 08, 2020 19:44 IST

  Ride-hailing platform Uber on Wednesday said it is offering free rides to donors in the city, travelling to the Institute of Liver and Biliary Sciences (ILBS) that houses the country's first plasma bank. 

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  SpiceJet offers COVID-19 insurance cover for passengers starting at Rs 443 a year

  July 08, 2020 19:26 IST

  To boost passenger confidence, airline major SpiceJet on Wednesday announced a unique initiative to provide passengers with a facility to opt for Covid-related insurance cover.

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  Gold jumps Rs 723 on global cues

  July 08, 2020 18:48 IST

  Gold in the national capital on Wednesday rallied Rs 723 to Rs 49,898 per 10 gram reflecting gains in the international prices of the precious metal and rupee depreciation, according to HDFC Securities.

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  Rupee slips 9 paise to 75.02 against USD

  July 08, 2020 17:55 IST

  The Rupee skidded 9 paise to close at 75.02 against the US dollar on Wednesday amid rising crude oil prices and a firm greenback. While foreign fund inflows supported the rupee, factors like a strong dollar, volatile domestic equities and rising COVID-19 cases dragged the local unit down, forex traders said.  

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  Cabinet extends EPF support for small businesses for 3 months, to benefit 72 lakh employees

  July 08, 2020 17:29 IST

  The Union Cabinet on Wednesday approved the proposal to extend the scheme for payment of the employer and employee's PF contribution for three months until August, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19 Pandemic.

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  Tata Motors brings in six-month EMI holiday scheme on select models

  July 08, 2020 15:03 IST

  Tata Motors on Wednesday said it has introduced financing scheme for Tiago, Nexon, and Altroz under which customers can avail six-month EMI holiday

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  SBI home loans gets cheaper as bank cuts MCLR, effective from July 10

  July 08, 2020 12:23 IST

  State Bank of India or SBI, the country's largest lender on Wednesday announced a reduction in its benchmark lending rates across shorter tenors. SBI said its marginal cost of funds-based lending rate (MCLR) will be reduced by 5-10 basis points (5-10 percentage point).

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  Facebook, Zoom pause Hong Kong's requests for users' data

  July 08, 2020 11:15 IST

  Microsoft and video meet platform Zoom have joined several tech giants who have decided not to process data requests from the Hong Kong authorities in the wake of China imposing a controversial new National Security Law in Hong Kong.

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  Hyundai to Hitachi: Big names of global transport evince interest in running private trains

  July 08, 2020 10:31 IST

  The companies who have evinced interest in the private trains include Japanese names like Hitachi India, Mitsui & Co. and other global names like Hyundai Rotem, Bombardier Transportation, Alstom Transport, Siemens, Macquarie, CAF India, CRRC ZELC, GATX among others.

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  Hero cycles cancels business worth Rs 900 crore with China, eyes on new markets

  July 08, 2020 0:07 IST

  One of India's leading bicycle makers - Hero Cycles, has cancelled an upcoming Rs 900 crore deal with China as part of its commitment to boycott Chinese products. As per Chairman-cum-Managing Director (CMD) Pankaj Munjal, the company was scheduled to conduct a Rs 900 crore business with China but has cancelled those plans.

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  Rejuvenating the Ganga: World Bank provides $400 million to support Namami Gange

  July 07, 2020 19:01 IST

  In a bid to rejuvenate the Ganga river, the World Bank and the Government of India today signed a loan agreement to enhance support for the Namami Gange programme. The $400 million operation comprises a loan of $381 million and a proposed Guarantee of up to $19 million.

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  ICICI Bank to reward 80,000 employees with up to 8% pay hike for work done during COVID-19

  July 07, 2020 18:33 IST

  The country's second largest private sector lender ICICI Bank has decided to reward over 80,000 of its frontline employees with a salary hike of up to 8 per cent, sources said on Tuesday. 

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  Gold Price Today: Gold jumps Rs 102, silver declines Rs 249

  July 07, 2020 18:06 IST

  Gold prices in the national capital jumped by Rs 102 to Rs 49,228 per 10 gram on Tuesday amid rupee depreciation, according to HDFC Securities. 

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  Face masks, hand sanitisers no more under Essential Commodities Act: Govt

  July 07, 2020 16:40 IST

  Face masks and hand sanitisers are no more essential products as their supply is sufficient in the country and, therefore, are now kept out of the purview of the Essential Commodities Act, 1955, Consumer Affairs Secretary Leena Nandan said on Tuesday.

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  Sensex advances 187 points; financials show the way

  July 07, 2020 16:17 IST

  Rising for the fifth straight session, the benchmark Sensex added another 187 points on Tuesday, with gains in financial counters offsetting losses in power and infra stocks. 

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  Diesel price scales new high after 25 paise increase

  July 07, 2020 14:58 IST

  Diesel price on Tuesday was increased by 25 paise per litre, according to a price notification of state-owned oil marketing companies.

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  Attention! Haryana govt freezes DA, DR at current rate till July 2021

  July 07, 2020 13:47 IST

  In the wake of the coronavirus crisis, CM Manohar Lal Khattar-led Haryana government decided to freeze dearness allowance (DA) of its employees and dearness relief (DR) of all pensioners at current rate till July next year, an official statement by the Haryana Finance Department said.