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Business
Sensex Crosses Historic High Of 50,000 Mark
Mumbai: In a historic day for India’s stock market, the BSE Sensex crossed the 50,000 mark for the first time ever on Thursday morning.
The Sensex rose as much as 335 points to hit an all-time high of 50,126.73 and Nifty 50 index also…
Snapdeal, 4 Indian Markets Named In US Piracy Trade List
Washington: Snapdeal, one of India’s largest e-commerce platforms, along with four Indian shopping complexes have figured in the latest Review of Notorious Markets for Counterfeiting and Piracy issued by the Office of the US Trade…
Special Unit Created In IT Dept To Probe Undisclosed Foreign Assets
New Delhi: The Union Finance ministry has set up a special unit in the Income Tax department to specifically investigate cases of undisclosed foreign assets held by Indians and accumulation of black money in foreign shores.
The Foreign…
India’s Petroleum Consumption Falls For First Time In 21 Years
New Delhi: With the COVID-19 pandemic halting businesses and factories for several months during nationwide lockdown, India’s consumption of petroleum declined for the first time in 21 years.
Demand for petroleum in India, one of the…
PNB Fraud Case: Nirav Modi’s Sister, Brother-In-Law Turn Approvers, To Testify Against Businessman
London: Nirav Modi’s younger sister Purvi Mehta and his brother-in-law Maiank Mehta will testify against the fugitive diamantaire after they turned approvers in the Rs 13,500-crore Punjab National Bank (PNB) fraud case in which Modi is the…
Record GST Collection Shows Our Economy In Recovery Path: Finance Secretary
New Delhi: Finance secretary of India AB Pandey said that the huge collection of Goods and Service Tax (GST) shows that India’s economy is on recovery path and government should be given credit for bringing changes at the system level for…
Reliance Industries, Chairman Mukesh Ambani Fined Over Share Trades
Mumbai: India's markets regulator slapped a fine of 250 million rupees ($3.42 million) on Reliance Industries and Rs 150 million on its chairman Mukesh Ambani on Friday for fraudulent trades while selling a stake in a subsidiary in 2007.…
RBI Introduces ‘Positive Pay’, A System To Prevent Cheque Fraud; Know How It Works
Mumbai: The ‘Positive Pay’ system for cheque transactions above Rs 50,000 came into force on January 1. The Reserve Bank of India (RBI) has decided to implement it to enhance safety of cheque-based transactions.
So what is the Positive Pay…
Give A Missed Call On This Number For Indane LPG Refill, New Connection
Bhubaneswar: Next time you have to book an Indane LPG just dial 8454955555 from registered mobile number and the refill will reach your doorsteps.
Facility for booking LPG refill by giving a missed-call has been rolled out pan-India and…
SBI To Sell Electoral Bonds from January 1
Delhi: The State Bank of India (SBI) has been authorised to sell and encash electoral bonds from January 1, a Finance Ministry statement said on Tuesday.
The bonds will be sold through SBI's 29 authorised branches and the parties can…