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Sensex Breaches 50,000 For The First Time In History
Business

Sensex Breaches 50,000 For The First Time In History

The Indian stock market created a new record today as the BSE Sensex crossed the 50,000 mark for the first time in its history. The Sensex managed a near two-fold growth within a period of 10 months since it hit a decade low of 25,638.9 points on March 24, 2020, amid the initial impact of the...
Sensex At 50K: RIL Jumps 3% On SEBI Nod To Future Retail Deal
Business

Sensex At 50K: RIL Jumps 3% On SEBI Nod To Future Retail Deal

Mumbai, Jan 21: As Sensex created history on Thursday reaching the 50,000-mark, index-heavyweight Reliance Industries' (RIL) shares played a major role in the achievement. RIL shares surged nearly three per cent after SEBI approved the acquisition of Future Group's retail assets by Reliance...
Middle Class To Gain From Likely Higher Tax Exemption
Business

Middle Class To Gain From Likely Higher Tax Exemption

Budget 2021 New Delhi, Jan 11: Middle class taxpayers may get a lot to cheer about the Budget proposals to be presented by Finance Minister Nirmala Sitharaman next month. Sources said that the Budget 2020-21 may take the sops announced earlier under the Aatmanirbhar Bharat package to help people in...
Union Home Minister Amit Shah during the inauguration of ‘Single Window Clearance System Web Portal’ in the coal mining sector, in New Delhi on Monday. Union Minister for Parliamentary Affairs, Coal and Mines, Pralhad Joshi, is also seen. – PIB/PTI
Business

Union Home Minister Amit Shah during the inauguration of ‘Single Window...

Govt Not To Print Budget Documents This Year
Business

Govt Not To Print Budget Documents This Year

COVID-19 impact New Delhi, Jan 11: The voluminous Budget documents will not be printed this year following the COVID-19 protocol and will instead be distributed electronically to the Members of Parliament (MPs). This will be the first time since the presentation of independent India’s first Budget...
DGGI Starts Probe Against Uber, Ola
Business

DGGI Starts Probe Against Uber, Ola

Alleged GST evasion New Delhi, Jan 11: The Director General of Goods and Services Tax Intelligence (DGGI) has initiated a probe against cab aggregators Uber and Ola over evasion of GST and issued summons to the officials of the companies. According to sources, as per the calculation by the GST arm,...
IndianOil Celebrates Customer’s Day
Business

IndianOil Celebrates Customer’s Day

GUWAHATI, Jan 11: As a mark of its commitment to provide better energy solutions to the rapidly evolving customer requirements, state-owned oil and gas marketing company IndianOil celebrated January 9 as IndianOil Customer’s Day. The annual Customer’s Day event was held at Indian Oil petrol pumps,...
Govt Creates Special Unit In I-T Dept For Probe
Business

Govt Creates Special Unit In I-T Dept For Probe

Undisclosed foreign assets New Delhi, Jan 11: A special unit has been created by the government in the countrywide investigation wings of the Income Tax department for focused probe in cases of undisclosed assets held by Indians abroad and possession of black money in foreign shores, officials said....
Cities Key To India’s Post-Pandemic Growth: WEF Study
Business

Cities Key To India’s Post-Pandemic Growth: WEF Study

New Delhi, Jan 11: Cities have borne the maximum brunt of the COVID-19 outbreak but they will also be key to India’s post-pandemic growth as they account for nearly 70 per cent of the country’s GDP and an average of 25-30 people migrate to cities from rural areas every single minute, a new study has...
Finmin releases Rs 6,000 cr to States/UTs
Business

Finmin releases Rs 6,000 cr to States/UTs

New Delhi, Jan 11: The Finance Ministry today released the 11th instalment of Rs 6,000 crore to States and UTs to meet the GST compensation shortfall, taking the total amount provided so far under this window to Rs 66,000 crore. The Centre had set up a special borrowing window in October 2020 to...
Police personnel guard near a truck, which will transport the Covishield vaccine to different parts of the country, at the Serum Institute of India in Pune on Monday. – PTI
Business

Police personnel guard near a truck, which will transport the Covishield vaccine...

Rupee rises 7 paise to close at 73.24 a dollar
Business

Rupee rises 7 paise to close at 73.24 a dollar

The Indian rupee staged a smart recovery from the day’s lowest level to end 7 paise higher at 73.24 against the US dollar on Friday, tracking an intense rally in domestic equities. Starting off on a sluggish note, the Indian unit fell to a low of 73.45 against the American currency during the...
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