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  BSNL, MTNL 4G tenders cancelled after Telecom Ministry asks it not to use Chinese telecom gear

  July 01, 2020 17:15 IST

  Bharat Sanchar Nigam Ltd's (BSNL) and and the Mahanagar Telecom Nagam Limited (MTNL) tender for 4G upgrade has been cancelled after the Department of Telecom (DoT) asked the state-run firms not to use Chinese telecom gear.

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  ONGC, OIL top bidders for 11 oil, gas blocks

  July 01, 2020 16:30 IST

  India's latest oil and gas block bid round attracted only 12 bids for the 11 areas on offer, with 10 of them getting single bids from state-owned ONGC and Oil India Ltd, upstream regulator DGH said.

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  Sensex rallies 499 points; Nifty reclaims 10,400 level

  July 01, 2020 16:09 IST

  Equity benchmark Sensex rallied 499 points on Wednesday, tracking gains in index-heavyweights HDFC twins, Reliance Industries and ITC amid a positive trend in the global markets.  

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  GST investigation arm unearths Rs 40 crore tax evasion by pan masala/gutkha manufacturing unit

  July 01, 2020 15:47 IST

  ​The GST investigation arm DGGI unearthed Rs 40 crore tax evasion by an unregistered pan masala/gutkha manufacturing unit in the national capital. ​The GST investigation arm DGGI unearthed Rs 40 crore tax evasion by an unregistered pan masala/gutkha manufacturing unit in the national capital.

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  LPG Gas Rate: Non-subsidised LPG cylinder price hiked marginally. Check revised rates

  July 01, 2020 15:42 IST

  The price of non-subsidized LPG (Liquefied Petroleum Gas) cylinders has been marginally increased with effect from Wednesday. 

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  World Bank to give USD 750 million to support 15 crore viable MSMEs

  July 01, 2020 14:10 IST

  The World Bank on Wednesday said it will give a USD 750 million-budget support to 15 crore MSMEs to increase liquidity access for viable small businesses impacted by COVID-19. 

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  Maruti reports 54 per cent dip in June sales at 57,428 units

  July 01, 2020 12:27 IST

  The country's largest carmaker Maruti Suzuki India on Wednesday reported a 54 per cent decline in total sales at 57,428 units in June. 

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  Patanjali conducting research on over 10 big diseases: Swami Ramdev

  July 01, 2020 14:11 IST

  Swami Ramdev on Wednesday said that Patanjali has not just conducted clinically controlled trials on COVID-19 but is also conducting research on over 10 other serious diseases. Addressing a presser, yoga guru Ramdev added that Patanjali has already completed 3 levels of research.

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  Vodafone Idea posts highest-ever loss at Rs 73,878 cr in FY20

  July 01, 2020 11:12 IST

  In a regulatory filing, Vodafone Idea (VIL) reported widening of March quarter net loss to Rs 11,643.5 crore. Its losses stood at Rs 4,881.9 crore in the same period a year ago and Rs 6,438.8 crore in previous October-December quarter.

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  ATF price hiked by 7.5 pc; petrol, diesel rates unchanged for 2nd straight day

  July 01, 2020 10:39 IST

  This is the third straight increase in ATF prices in a month. Rates were hiked by a record 56.6 per cent (Rs 12,126.75 per kl) on June 1, followed by Rs 5,494.5 per kl (16.3 per cent) increase on June 16.

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  Sensex surges over 200 points in early trade; Nifty tests 10,350

  July 01, 2020 10:29 IST

  In the previous session, the BSE barometer closed 45.72 points, or 0.13 per cent, down at 34,915.80; while the NSE Nifty slipped 10.30 points, or 0.10 per cent, to 10,302.10.

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  Carlyle to acquire about 25 pc stake in Airtel's data centre business for about Rs 1,780 cr

  July 01, 2020 8:17 IST

  It said that India is witnessing a considerable surge in demand for secure data centres as businesses undertake digital transformation and consumer demand for digital services continues to increase.

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  Rath Yatra 2020 to be live streamed on Airtel Xstream

  June 30, 2020 23:09 IST

  Lord Jagannath Rath Yatra 2020 in Puri is being carried out under the direction of the Supreme Court amid coronavirus pandemic. The yatra is still on and devotees of Lord Jagannath have their hearts and souls with their beloved deity. Airtel has decided to Live stream the Rath Yatra this year. 

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  Govt directs all internet services providers to immediately block 59 Chinese apps

  June 30, 2020 23:22 IST

  The government on Tuesday directed all internet service providers to block 59 Chinese mobile apps under emergency clause of the IT Act, according to sources. The order has been issued in two sets -- the first set contains list of 35 apps and the other 24 apps based out of China, the sources said.

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  BharatPe launches BharatX to 'incubate radical ideas'

  June 30, 2020 21:25 IST

  ​BharatPe, a merchant payment and lending network company, has announced the launch of BharatX which will come up with technology-driven solutions for tomorrow's problems. It plans to build the next generation fintech solution to bring financial inclusion to over 60 million small and medium-sized businesses in India.  

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  NCLT reserves order on SBI plea against Anil Ambani to recover over Rs 1,200 crore

  June 30, 2020 19:32 IST

  The National Company Law Tribunal (NCLT) on Tuesday reserved its order on the State Bank of India plea against Anil Ambani to recover over Rs 1,200 crore under the personal guarantee clause of the bankruptcy law.

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  Rs 50 cr investment, over 2,100 jobs expected in fresh Yamuna Expressway land allotments

  June 30, 2020 19:19 IST

  Five garment manufacturing units and three private firms were allotted land along the Yamuna Expressway in Gautam Buddh Nagar on Tuesday, in a move likely to fetch investments worth Rs 50 crore and create 2,000 jobs in the region, officials said.  

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  Big relief for taxpayers: Govt exempts properties in Delhi's unauthorised colonies from income tax

  June 30, 2020 19:13 IST

  Delhi's unauthorised colonies that were regularised last year, the government has exempted owners from income tax even if they had purchased land or house at rates below the prevailing market price.

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  ONGC reports first-ever quarterly loss of Rs 3,098 crore

  June 30, 2020 18:26 IST

  India's top oil and gas producer reported a Rs 3,098 crore loss in the January-March quarter as compared to a profit of Rs 4,240 crore in the same period a year back.

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  Rupee gains 7 paise to 75.51 against dollar on weak crude oil

  June 30, 2020 18:05 IST

  The rupee on Tuesday appreciated by 7 paise to 75.51 against the US dollar on softening crude oil prices and early gains in domestic equity market. Forex traders said the rupee traded in a narrow range as positive domestic equities supported the local unit, while foreign fund outflows and concerns over rising COVID-19 cases weighed on investor sentiment.  

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  Gold Price Today: Gold jumps Rs 119; silver zooms Rs 1,408

  June 30, 2020 17:29 IST

  Gold in the national capital jumped Rs 119 to Rs 49,306 per 10 gram on Tuesday following rise in international prices of the precious metal, according to HDFC Securities.

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  Vistara announces 5-20 per cent pay cut for 40 per cent employees till December

  June 30, 2020 16:24 IST

  Vistara on Tuesday announced a pay cut between five to 20 per cent till December this year for around 40 per cent of its employees as cash flow continues to be adversely affected due to the coronavirus pandemic.

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  Sensex, Nifty pare early gains, end marginally lower

  June 30, 2020 16:10 IST

  After jumping 272.39 points during the day, the 30-share index turned negative and settled 45.72 points, or 0.13 per cent, down at 34,915.80; while the NSE Nifty slipped 10.30 points, or 0.10 per cent, to 10,302.10.

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  Money tips in time of COVID-19: Should you pay your loans first or save money for future?

  June 30, 2020 14:58 IST

  More than 50 percent of Indians are facing financial problems due to lack of jobs, unemployment, salary cuts and businesses closed, in order to maintain social distancing to suppress the COVID-19 pandemic as much as possible. In India, unemployment rates are rising incessantly and there is economic fall down due to future COVID-19 pandemic. 

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  Paytm boss Vijay Shekhar says ban on 59 Chinese apps 'bold step in national interest'

  June 30, 2020 15:10 IST

  Paytm founder Vijay Shekhar Sharma has made a statement on India banning 59 Chinese apps including popular ones like TikTok, UC Brower, WeChat, Shareit, others saying the move by the Government of India is in the national interest.

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  Attention Bank Customers! These banking services rules have changed from today. Details

  July 01, 2020 12:17 IST

  Banking Services Rules Changes: In order to give people some relief due to COVID-19 pandemic, the government had relaxed some rules of financial services like transaction charges after exhausting free cash withdrawal limit on ATM, minimum account balance. The new banking services rules have set in from today.

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  Professionals in India now slightly upbeat about income, savings: Survey

  June 30, 2020 13:23 IST

  Based on responses of 1,351 professionals in India, findings from the survey conducted between June 1-14 reveal that India's workforce is beginning to feel more confident about their personal finances.

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  Fuel Price Today: Petrol, diesel prices go for pause after 22-day hike

  June 30, 2020 13:13 IST

  Fuel prices across the metros have gone for a halt after rising on 22 of the past 24 days as oil marketing companies (OMC) kept the pump prices of petrol and diesel unchanged