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CBIC restores facility for trade, provides option to submit undertaking in lieu of bond upto 30th June

The Central Board of Indirect Taxes and Customs (CBIC) has restored the facility for trade by providing option to submit an undertaking in lieu of bon...

HDFC consolidated net profit up 31 pc at Rs.5,669 cr in March quarter

New Delhi: Mortgage lender HDFC Ltd on Friday reported a 31 per cent jump in consolidated net profit at Rs 5,669 crore for the last quarter of the fin...

India, EIB sign finance contract for second tranche of 150 mn Euro for Pune Metro Rail

The Government of India and European Investment Bank (EIB) yesterday signed the finance contract for second tranche of 150 million Euro for Pune...

Govt relaxed provisions of Income-tax Act

In view of COVID-19, the government has relaxed the provisions of Income-tax Act. Now, all hospitals, nursing units, dispensaries and COVID care centr...

Sensex rallies over 400 points in early trade

Mumbai: Equity benchmark Sensex rallied over 400 points in early trade on Friday, tracking gains in index majors HDFC twins, Reliance Industries and T...

Center releases 2nd monthly installment of Post Devolution Revenue Deficit Grant of Rs.9,871 crore to 17 states

The Finance Ministry yesterday released the second monthly installment of Post Devolution Revenue Deficit Grant of Rs 9,871 crore for 2021-22 to 17 St...

COVID impact: RBI unveils loan restructuring scheme for small businesses

Mumbai: In a bid to provide succor from scourge of COVID-19 pandemic, the Reserve Bank on Wednesday came out with Resolution Framework 2.0 under which...

Sensex rises over 150 points in early trade

Mumbai: Market benchmark Sensex rose over 150 points in early trade on Thursday, tracking gains in index majors HDFC twins, ITC and Bajaj Finance amid...

Petrol, diesel price up 2nd day in row

New Delhi: Petrol and diesel prices were raised for the second day in a row on Wednesday as state-owned fuel retailers resumed daily rate revision aft...

Govt gives permissions to Telecos for conducting trials for use of 5G technology

Government has given permissions to Telecom Service Providers for conducting trials for use and applications of 5G technology. The applicant incl...

Sensex surges over 200 points in early trade

Mumbai: Market benchmark Sensex jumped over 200 points in early trade on Tuesday, tracking gains in index majors ICICI Bank, HDFC Bank and Axis Bank a...

CII asks industry to curtail all non-essential economic activity for two weeks

Confederation of Indian Industry has asked industry to curtail all non-essential economic activity requiring physical presence of employees at the wor...

Rupee falls 24 paise to 74.33 against US dollar in early trade

Mumbai: The Indian rupee slumped 24 paise to 74.33 against the US dollar in opening trade on Monday tracking weak domestic equities and strong America...

Sensex tanks over 600 points in early trade

Mumbai: Market benchmark Sensex plunged over 600 points in early trade on Monday, tracking losses in index-heavyweights Reliance Industries, HDFC twin...

Govt announces various relief measures for taxpayers under GST law

In view of the corona pandemic, the government has announced various relief measures for taxpayers under GST law including reduction in interest rate ...

Sale of Electric cars rise by 140 per cent in first quarter of 2021

The sale of Electric cars rose by 140 per cent in the first quarter of 2021, breaking last year’s record of 41 per cent surge on EV registrations desp...

Import duty of vital diagnostic kits, reagents used in Covid-19 related diagnosis waived off by centre for 6 months

The Centre has waived off import duty on vital diagnostic kits and reagents used in COVID-19 related diagnosis for the next six months. The deci...

Sensex tanks 400 points in early trade

Mumbai: Market benchmark Sensex plunged over 400 points in early trade on Friday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Kot...

IRDAI asks insurers to settle Covid related cashless insurance claims within 1 hour

Insurance regulator IRDAI has directed insurers to approve Covid-related cashless claims within 60 minutes of receiving appropriate documents from the...

Sensex rallies over 600 points in early trade

Mumbai: Market benchmark Sensex rallied over 600 points in early trade on Thursday, driven by gains in index majors Reliance Industries, HDFC twins an...

Govt leaves GPF, other non-government PF interest rate unchanged at 7.1%

Government has left GPF and other non-government PF interest rate unchanged at 7.1 percent. Department of Economic Affairs said that GPF and other Spe...

Rupee surges 22 paise against the US dollar in early trade

Mumbai: The Indian rupee advanced by 22 paise to 74.44 against the US dollar in opening trade on Wednesday, as a positive trend in equity markets lift...

Sensex surges over 350 points in early trade

Mumbai: Equity benchmark Sensex rallied over 350 points in early trade on Wednesday, tracking gains in index-heavyweights HDFC twins, Bajaj Finance an...

Brent crude oil price rises towards 66 dollars per barrel

Brent crude oil rose towards 66 dollars a barrel yesterday, before a meeting of the producer group OPEC to discuss oil output policy amid concern, Ind...

Sensex rises over 150 points in early trade

Mumbai: Equity benchmark Sensex advanced over 150 points in early trade on Tuesday, tracking gains in index majors Reliance Industries, HDFC Bank and ...

RBI warns resurgence of Covid-19 pandemic could bring back inflationary pressures

The Reserve Bank of India yesterday warned that the resurgence of the Covid-19 pandemic could bring back inflationary pressures in the country. ...

Govt extends deadline for making payment under Vivad Se Vishwas scheme till June 30

Government has extended certain timelines in order to give respite to taxpayers in difficult COVID times. It has extended deadline for making payment ...

Rupee falls 12 paise against US dollar in early trade

Mumbai: The Indian rupee slumped 12 paise to 75.06 against the US dollar in opening trade on Friday as muted domestic equities and concerns over risin...

FM Nirmala Sitharaman urges industry to wait and watch for next few days to assess situation amid 2nd wave of Covid-19

Finance Minister Nirmala Sitharaman has urged the industry to wait and watch for next few days to assess the situation amid the second wave of COVID-1...