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After roti-paratha, ready made Popcorns turn elite courtesy Tax agency

After roti-paratha, ready made Popcorns turn elite courtesy Tax agency

Ahmedabad: Popcorns in India have turned elite even as theatres across the country remain shutdown over the coronavirus pandemic. A tax agency on Wednesday moved a bag of ready to eat popcorns from a 5 percent slab to 18 percent slab making it expensive by a few rupees.The Authority for Advanced Rul...

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Pompeo praises Jio calls it Clean for rejecting Huawei

Pompeo praises Jio calls it Clean for rejecting Huawei

Mukesh Ambani is in the news again. This time, it's not a tech-investor, but a senior Trump administrator praising Jio.On Wednesday, US secretary of state Mike Pompeo praised Jio for avoiding Huawei.Pompeo tweeted, "The tide is turning toward trusted 5G vendors and away from Huawei. The world’s lead...

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IMF Forecast: Growing Dragon, Coughing Elephant

IMF Forecast: Growing Dragon, Coughing Elephant

The International Monetary Fund in its latest forecast report has highlighted that the coronavirus pandemic coupled with lockdown measures are likely to continue wrecking havoc to economies barring China.  Global GDP growth forecast for fiscal year 2020-21 is expected to be a negative 4.9 perce...

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Resurgence in Covid cases makes gold prices touch new highs

Resurgence in Covid cases makes gold prices touch new highs

New Delhi: Bulls were back in the gold trade as the yellow metal touched an all time high Rs 48,289 per 10 grams on the Multi-Commodity Exchange (MCX) on Monday.This surge in gold futures is in line with a similar trend in the international market, where prices soared owing to the resurgence in nove...

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Mukesh Ambani says target achieved in record time, RIL soars 52 week high

Mukesh Ambani says target achieved in record time, RIL soars 52 week high

Mumbai: Stocks of Reliance Industries Limited saw jubiliation with the scrip soaring to a 52 week high of Rs 1,788.60 per share on Friday.At end of trading hours, stocks of RIL closed at Rs 1,764 per share - up by 6.51 percent or 107.75 points up in intra-day trading. Chairman and Managing Director ...

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BCCI president Sourav Ganguly's letter on IPL 2020

BCCI president Sourav Ganguly's letter on IPL 2020

<img src="https://www.sify.com/uploads/sourav_ganguly_letter11_950_ugscQBccceada.jpg" style="width:100%" align="left">I hope that you and your family are healthy and safe. Through this letter, I am intending to share an update with you on the activities of BCCI and various steps taken by us to...

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4 percent GDP decline forecast for India, ADB reveals grim outlook

4 percent GDP decline forecast for India, ADB reveals grim outlook

New Delhi: Asian Development Bank's forecast for India's GDP for the current fiscal is a negative 4 percent. In a supplement the agency observed "India's economy is forecast to contract by 4 per cent in fiscal year (FY) 2020, ending on 31 March 2021, before growing 5 per cent in FY2021 (to be ending...

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Insurance for Coronavirus? Here are questions to ask and products that will tide you through

Insurance for Coronavirus? Here are questions to ask and products that will tide you through

After an over two month long lockdown, an Unlocked India still remains a risky proposition for those keen on getting to work. A surge in cases is reported as arriving sometime in September/October. And, many leaders have already cautioned citizens on the need to learn to live with the virus.  W...

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SC raps RBI and Centre over Moratorium, defers hearing to August

SC raps RBI and Centre over Moratorium, defers hearing to August

New Delhi: The Reserve Bank and the Centre received flak from a three bench Supreme Court bench over charging of interest during the moratorium period.  The court has asked the Centre to take a stand over the issue related to charging interest on EMIs during the six month moratorium period gran...

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RK Damani wooing Srinivasan for a friendly change sends India Cements stocks spurting

RK Damani wooing Srinivasan for a friendly change sends India Cements stocks spurting

Mumbai: Stocks of India Cements saw volume in trading with as many as 13.16 lakh shares exchanging hands (at the time of writing). The stock has already gained 8.10 points or 6.43% up so far in the trading session on Wednesday.  In early trade, the stock was up by more than 10 per cent and was ...

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