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- Saturday 21 Sep 2019
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Sensex ends over 1900 points, biggest single session gain in last 10 years
Mumbai: Domestic equity benchmark BSE Sensex ended over 1900 points on Friday after Finance Minister Nirmala Sitharaman announced a slew of measures to revive the ailing economy. The…
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Highlights of announcements made by FM
Following are the highlights of the announcements made by Finance Minister Nirmala Sitharaman on reduction in corporate tax and other fiscal relief measures for the economy to promote…
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Corporate taxes slashed for domestic cos: Sitharaman
Goa: In a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies. Making…
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Realtors’ rising cash-crunch poses more risks to banks: report
Mumbai: Default by real estate-focused non-banking financier Altico Capital indicates the rising cash crunch with the developers, which is credit negative for banks given their exposure to the…
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Sitharaman to hold review meeting with public sector banks today
New Delhi: Finance Minister Nirmala Sitharaman will hold a review meeting with public sector banks (PSBs) on Thursday to discuss various issues, including follow up on transmission of…
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Ambani raises stake in Reliance Industries to 48.87 pc
New Delhi: Billionaire Mukesh Ambani has raised promoter stake in flagship Reliance Industries by 2.71 per cent to 48.87 per cent, according to a regulatory filing by the…
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Jio tops Trai’s 4G mobile broadband chart in Aug with 21.3 mbps speed
New Delhi: Reliance Jio continued to maintain its lead in 4G mobile broadband chart with an average download speed of 21.3 megabit per second (mbps) in August, according…
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Petrol, diesel prices see steepest hike since July 5
New Delhi: Petrol and diesel prices were on Wednesday hiked by 24-25 paise per litre, the steepest increase since July 5 Union Budget, as a fallout of turmoil…
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‘Blueprint ready’: Govt mulling fourth booster dose to revive economy
New Delhi: The finance ministry is working on one more booster dose to give a leg-up to the economy that has hit over six-year low of 5 per…
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Sensex crashes 642 points as crude oil woes persist
Mumbai: Market benchmark BSE Sensex on Tuesday plummeted 642 points as investors weighed India’s fiscal worries due to soaring crude prices in the wake of growing geopolitical tensions…
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Over 6 crore EPFO members to get 8.65 percent interest for 2018-19, says Labour minister
New Delhi: Labour Minister Santosh Gangwar on Tuesday said over 6 crore EPFO members will get 8.65 per cent interest on their deposits for 2018-19. The Central Board…
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Global oil prices jump as attack on Saudi plant jolts
New York: Global energy prices spiked Monday by 15% after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on…
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Unsold spectrum resulted in Rs 5.4 trillion losses: BIF
New Delhi: Radiowaves unsold in past auctions cost India an estimated Rs 5.4 trillion in economic losses, claimed industry body Broadband India Forum, urging the government to ensure…
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Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank lead
New Delhi: Six of the 10 most valued domestic companies together added Rs 50,580.35 crore in market valuation last week, with banking majors SBI and ICICI Bank emerging…
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Realty sector welcomes stimulus for stalled projects, but says more needed to boost demand
New Delhi: The government’s decision to set up a Rs 20,000 crore stressed assets fund for those residential projects that are non-NPA and not under NCLT will provide…
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Govt announces Rs 10,000 cr special window to boost housing, facilitate homebuyers
New Delhi: The government on Saturday announced a Rs 10,000 crore special window to provide last-mile funding for completion of ongoing housing projects which are not NPAs or…
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Inflation under control, clear signs of revival in factory output: FM
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said inflation is under control and there is a clear sign of revival of industrial production. Addressing the third press…
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CAIT urges govt to ban festival sales by e-commerce players
New Delhi: Traders’ body CAIT on Friday urged the government to ban festival season discount offers by e-commerce companies like Flipkart and Amazon, as it violates FDI norms….
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RBI panel pitches for federal body like GST Council in farm sector
Mumbai: An RBI panel on Friday suggested setting up of a federal body on the lines of the GST Council to implement reforms and boost credit flow in…
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US expresses concern over trade deficit with India
New Delhi: The US on Friday expressed concern over the trade deficit with India and the challenges being faced by American companies to invest here. Addressing the Indo-US…
Latest Additions
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Mangaluru: Mangalore South MLA Vedavyas Kamath in a statement said that Primary and Secondary Education Minister S Suresh Kumar, has declared Dasara h....
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Mumbai: The Union government is applying only a balm to the economy when what is needed is a surgery, the Congress said on Friday, demanding that the ....
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New Delhi: The CBI on Friday opposed in the Delhi High Court the bail plea of Congress leader P Chidambaram in the INX Media corruption case, saying t....
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Ulaanbaatar/ New Delhi: Amid the chanting of Buddhist prayers, Prime Minister Narendra Modi and Mongolian President Khaltmaagiin Battulga on Friday jo....
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Bengaluru/New Delhi: The Delhi High Court Friday said it would hear on September 26 the plea by Karnataka Congress leader D K Shivakumar seeking copy ....
