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  Income Tax Department extends ITR filing deadline for FY 2019-20 to November 30

  July 04, 2020 12:31 IST

  Understanding & keeping in mind the times that we are in, we have further extended deadlines. Now, filing of ITR for FY 2019-20 is extended to 30th Nov, 2020, the Income Tax Department said on Saturday.

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  Uber shuts Mumbai office; services for riders to remain unaffected

  July 03, 2020 23:07 IST

  Ride-hailing platform Uber has shut down its Mumbai office as part of its restructuring efforts, but it will continue to provide services in the city, according to sources.

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  Domestic passenger traffic may de-grow over 40% in FY21: ICRA

  July 03, 2020 21:43 IST

  ​Rating agency ICRA expects domestic passenger traffic during 2020-21 to de-grow in the range of 41-46 per cent.  

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  Gold bond issue price fixed at Rs 4,852 per gm

  July 03, 2020 21:04 IST

  The issue price for the Sovereign Gold Bond has been fixed at Rs 4,852 per gram of gold, the Reserve Bank of India said in a statement on Friday. The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10.  

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  Gold imports plunge to USD 79.14 mn during Apr-May 2020

  July 03, 2020 20:52 IST

  Gold imports, which have a bearing on the current account deficit (CAD), plunged significantly to USD 79.14 million during the first two months of 2020-21 due to a significant fall in demand in the wake of the COVID-19 pandemic, according data from the commerce ministry.  

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  Reliance Jio opens web conferencing app JioMeet for public

  July 03, 2020 19:15 IST

  Reliance Jio has opened the JioMeet app for the general public, which can support up to 100 users in a session, according to its website.

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  Tomato prices skyrocket to Rs 70 per kg in Delhi-NCR

  July 03, 2020 19:00 IST

  With the onset of the monsoon tomato prices soared to Rs 70 per kg in New Delhi and its surrounding areas on Friday. 

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  Gold Price Today: Gold jumps Rs 237, silver declines Rs 740

  July 03, 2020 17:44 IST

  Gold prices in the national capital jumped Rs 237 to Rs 49,022 per 10 gram on Friday, according to HDFC Securities. 

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  Sensex jumps 178 points; Nifty reclaims 10,600 level

  July 03, 2020 16:09 IST

  Rising for the third straight session, equity benchmark Sensex jumped 178 points on Friday, tracking gains in Reliance Industries, Bharti Airtel and TCS amid buoyancy in global markets. 

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  NCLAT closed till July 10 after staff member tests COVID-19 positive

  July 03, 2020 15:41 IST

  The National Company Law Appellate Tribunal (NCLAT) has suspended work till July 10 due to sealing of its premises after finding one of its staff COVID-19 positive.

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  IT refunds worth Rs 62,361 cr issued to 20.44 lakh taxpayers during Apr 8-Jun 30

  July 03, 2020 15:20 IST

  The income tax department has issued refunds worth Rs 62,361 crore to over 20 lakh taxpayers between April 8 and June 30.

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  Late fee on GST returns capped till July to Rs 500

  July 03, 2020 13:11 IST

  In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs 500 per return for the extended tax period of July 2017 to July 2020 subject to the condition that such returns are filed before September 30, 2020.

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  After banning Chinese apps, India says no to imports of power equipment from China

  July 03, 2020 13:10 IST

  After banning 59 Chinese apps amid stand-off with China at the Line of Actual Control (LAC), India will not import power equipment from China, Power Minister RK Singh informed.

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  Motorcycle segment to perform better than other auto verticals amid pandemic: Fitch

  July 03, 2020 13:04 IST

  Fitch Solutions Country Risk and Industry Research on Friday said the motorcycle segment in India would perform better than the rest of the auto industry as more consumers will be forced to enter the bike segment due to increased financial pressure amid coronavirus pandemic.

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  Sensex surges over 200 points in early trade; Nifty tops 10,600

  July 03, 2020 10:14 IST

  In the previous session, the BSE barometer settled 429.25 points, or 1.21 per cent, higher at 35,843.70, and the broader Nifty surged 121.65 points, or 1.17 per cent, to close at 10,551.70.

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  Intel-Jio Deal: US semiconductor giant invests Rs 1,894.5 crore in Jio Platforms for 0.39% stake

  July 03, 2020 9:06 IST

  With this investment, Jio Platforms has raised Rs 117,588.45 crore from leading technology investors including Facebook, which bought a 9.99 percent stake for Rs 43,574 crore on April 22, Silver Lake Partners (two investments), Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, PIF and Intel.

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  India's 2nd COVID-19 vaccine by Zydus Cadila gets DCGI nod for human clinical trials

  July 03, 2020 11:25 IST

  The approval process was fast-tracked following a recommendation by the subject expert committee on COVID-19, considering the emergency and unmet medical need during the pandemic.

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  Indian TikTok Chingari looks at hiring people as downloads skyrocket after Chinese app ban

  July 02, 2020 23:03 IST

  Right after Indian government banned 59 Chinese apps, including TikTok, users scrambled to find alternatives as these apps had made inroads into the lives of millions of Indians. TikTok itself, had become source of income for many content makers, especially young. Their online fame disappeared overnight.

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  HDFC plans to raise up to Rs 1.25 lakh crore in 1 year

  July 02, 2020 22:33 IST

  Housing finance major HDFC Ltd plans to raise up to Rs 1.25 lakh crore in a year by issuing debt securities through various modes, according to its annual report for 2019-20. The Housing Development Finance Corporation (HDFC) Limited will convene its annual general meeting (AGM) on July 30 

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  Emami objects to HUL naming men's skincare brand as 'Glow & Handsome', claims trademark rights

  July 02, 2020 21:05 IST

  Home-grown FMCG firm Emami Ltd on Thursday strongly objected to industry peer Hindustan Unilever rebranding its men's range of skincare products as 'Glow & Handsome', claiming trademark rights over the name.

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  Fair & Lovely is now Glow & Lovely

  July 02, 2020 18:38 IST

  Fair and Lovely has been renamed as Glow and Lovely. The Indian arm of multinational corporation Unilever said on Thursday that name of one of its most successful products has been changed. It's skin cream for men, earlier named 'Fair and Handsome' has been renamed as 'Glow and Handsome'.

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  Fact Check: Are reports of Budweiser employee urinating into beer tanks for 12 years true?

  July 02, 2020 19:26 IST

  Beer lovers on Thursday woke up to a piece of shocking news that Budweiser employees claimed of peeing into beer tanks for the last 12 years.

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  Sensex rallies 429 points; Nifty tops 10,550 level

  July 02, 2020 16:11 IST

  Equity benchmark BSE Sensex rallied 429 points on Thursday on widespread buying amid a broad upmove in global markets following encouraging COVID-19 vaccine trials.

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  IndiGo to give 25 per cent discount on airfare to doctors and nurses till year-end

  July 02, 2020 14:56 IST

  IndiGo said on Thursday it will give a 25 percent discount on the airfare to doctors and nurses till the end of 2020 as they are at the forefront of the battle against the coronavirus pandemic.

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  Paytm to Flipkart: List of top Indian startups/companies funded by Chinese investors

  July 02, 2020 14:51 IST

  India on Monday banned 59 apps Chinese Apps, including the hugely-popular TikTok and UC Browser. Apart from applications, Chinese investments are deep-rooted in the Indian economy in myriad sectors, including Indian startups and tech companies, like Paytm, Flipkart, OYO. Here's a list of Major Startups/Companies in India with Chinese investors:

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  Moody's welcomes amendment to Bank resolution framework, says will boost depositor confidence

  July 02, 2020 14:33 IST

  Moody's Investors Service on Thursday said the amendments to India''s bank resolution framework are credit positive as they will help preserve depositor confidence.

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  UPI payments hit all-time high of 1.34 bn transactions in June

  July 02, 2020 10:50 IST

  Payments on Unified Payments Interface (UPI) in June hit an all-time high of 1.34 billion in terms of volume with transactions worth nearly Rs 2.62 lakh crore, as per National Payments Corporation of India (NPCI) data.

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  Adani Electricity to install 7 lakh smart meters to enable real-time unit reading for consumers

  July 02, 2020 10:41 IST

  The company, which distributes power to around 30 lakh consumers from Bandra to Bhayandar and Kurla to Mankhurd, had come under criticism from its customers, including Bollywood celebrities for receiving inflated bills in June.