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The Sensex has risen 1,171.66 points - or 3.09% - and the Nifty added 351.8 points (3.13%) in five days

Domestic stock markets registered sharp gains on Thursday with benchmark indices Sensex and Nifty ending higher for the fifth session in a row. The S-P BSE Sensex index jumped as much as 505.7 points

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The GST authorities want companies to charge for brand and logo usage.

New Delhi: 

Tax authorities' demand for levying GST on brand usage by subsidiaries of a parent company or related party could lead to litigations and hit the earnings of these firms, experts said.

With the government forming a high-level committee to review the indirect tax

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Under the Rs 50 IUC plan, Jio is offering 656 IUC minutes to non-Jio numbers.

Reliance Jio, the telecom arm of Reliance Industries, offers a slew of prepaid plans with the option of buying an additional IUC (Interconnect Usage Charges) top-up. IUC is a cost paid by one mobile telecom operator to another, when its customers make outgoing mobile

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HDFC, Reliance Industries and ICICI Bank were the top contributors to the gain in Sensex

Domestic stock markets registered sharp gains on Thursday with the benchmark indices hitting three-week highs and on course to close higher for the fifth day in a row. The S-P BSE Sensex index jumped as much as

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Domestic stock markets started Wednesday's session on a higher note, amid gains in Asian peers. The S-P BSE Sensex index rose as much as 154.16 points to touch 38,660.25 on the upside in early trade, and the broader NSE Nifty benchmark climbed to as high as 11,468.55, up 40.25 points from its previous close. Gains in energy and financial

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IT major Wipro on Tuesday reported a net profit of Rs 2,552.7 crore for the quarter ended September 30. That marked an increase of 6.91 per cent compared with the previous quarter, and 35.13 per cent compared with the corresponding period a year ago. In a regulatory filing after market hours, Wipro said its revenue stood at Rs 15,125.6 crore in t

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Vistara's ticket offer: Vistara recently announced the launch of flights on the routes of Delhi-Jodhpur.

Private sector airline Vistara has announced new flights on its domestic network. The carrier will operate flights on the Delhi-Thiruvananthapuram route from November 9, 2019 and tickets for these flights are available at all-inclusive fares

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In its previous outlook released in July for India, IMF had projected 7 per cent growth.

India's growth forecast has been slashed by the International Monetary Fund or IMF for the year 2019-20, however the country still retains its rank as the world's fastest-growing major economy, tying with China. "India's

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Eicher Motors was top gainer in the Nifty 50 basket of shares.

The S-P BSE Sensex and NSE Nifty 50 indexes rose for third day in a row led by gains in HDFC Bank, Kotak Mahindra Bank, Hindustan Unilever, ITC, Maruti Suzuki, ICICI Bank and Tata Consultancy Services. The Sensex rose as much as 421 points and the Nifty 50 index briefly moved above

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Governments are failing to heed the pleas of their central bankers for more spending to support a slowing world economy.

Monetary policy makers say they're running out of room to cut interest rates, which are already at historic lows, and it's time for their fiscal counterparts to take the lead in trying to spur demand. But a review of budget plans

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Companies have started exploring alternate sources for crude oil.

New Delhi: 

Battling a slowing economy, government on Tuesday implored oil cartel OPEC to not undertake deeper crude oil production cuts as it renewed its pitch for reasonable pricing of oil and stability in supplies. 

In a meeting with OPEC Secretary-General Mohammad Sanusi Barkindo,

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SBI has announced a revision from 3.50% to 3.25% on balances up to Rs1 lakh.

State Bank of India (SBI), the country's largest lender, will reduce the interest rates on deposits in retail savings accounts from November 1, 2019. In a statement last week, the bank said that "in view of the adequate liquidity in the system", interest rates on savings

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San Francisco: 

Microsoft CEO Satya Nadella earned $42.9 million in total compensation for the fiscal year 2019 -- a 66 per cent raise compared with the previous fiscal year, the company has announced. Mr Nadella received a hike of $1 million in base salary and an increase in stocks.

"Nadella's strategic leadership, including his efforts to

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It also reduced the growth forecast for the next fiscal by 0.2 percentage points to 7 per cent.

New Delhi: 

The outlook for the Indian economy for the current fiscal seems to get bleaker by the day as major economic forums and institutions have of late revised the country's GDP forecast downwards, with the International Monetary Fund (IMF) being the

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NEW DELHI: 

The government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online festive sales violate foreign investment rules, a commerce ministry official told Reuters.

Government introduced new rules in February aimed at protecting the 130 million people dependent on small-scale retail by

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Any changes in domestic petrol and diesel prices are effected at the fuel stations at 6 am

Petrol and diesel prices remained unchanged on Thursday, marking a second straight pause in rates. With effect from 6 am on Thursday, October 17, the price of petrol was Rs 73.27 per litre in Delhi and Rs 78.88 per litre in Mumbai - the same levels as

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New York: 

In the gloomy global economic picture painted by the International Monetary Fund (IMF), India retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1 per cent for the current fiscal year, despite an almost one per cent cut in the forecast.

However, the IMF's World Economic

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Diesel, petrol price: Oil retailers revise petrol and diesel prices on a daily basis.

Petrol and diesel priced were cut by 5 paise per litre on Tuesday across the four metros - Delhi, Mumbai, Kolkata and Chennai. Petrol and diesel prices were kept unchanged for three days in a row by the state-run oil retailer Indian Oil Corporation. The cut in

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The Sensex rose as much as 163.53 points in intraday trade and the Nifty traded six points shy of -11,500

Domestic stock markets rose to nearly three-week highs on Thursday, rising for the fifth session in a row with the NSE Nifty index just one point shy of 11,600. The S-P BSE Sensex index climbed as much as 505.7 points to touch 39,104.69

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Trade deficit in September last year stood at $14.95 billion.

New Delhi: 

Country's exports contracted by 6.57 per cent to $26 billion in September mainly due to significant dip in shipments from key sectors such as petroleum, engineering, leather, chemicals, and gems - jewellery.Imports too declined by 13.85 per cent to $36.89 billion,

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HDFC Bank, ITC, Kotak Bank and HUL were the top contributors to the gain in Sensex

Domestic stock markets registered sharp gains on Tuesday, rising for the third session in a row, amid gains in Asian peers. The S-P BSE Sensex index jumped as much as 413 points to touch 38,627 at the day's strongest

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On Wednesday, Xiaomi unveiled two new phone models and a new version of their operating system.

New Delhi: 

China's Xiaomi is shedding its image as a budget brand by widening its India product portfolio to include pricier, high-spec smartphones and smart TVs, a senior company executive said on Monday.

Xiaomi, which began selling devices in India in

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On Monday, the domestic currency had closed at 71.23 against the greenback.

The rupee on Tuesday fell by 31 paise to end at a nearly one-month low against the dollar. According to analysts, heavy dollar buying amid fresh concerns over the progress of China-US trade talks led to the depreciation in the local

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New Delhi: 

To ensure speedy disposal of attached properties of now defunct Amrapali Group of Companies and its directors, the Supreme Court on Monday brought the Metal Scrap Trade Corporation (MSTC) to auction them and deposit the cash with the apex court registry.

The top court said that the funds collected through auction of properties will help

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Net profit on annual basis declined 35 per cent from Rs 206 crore in the same period last year.

Bengaluru: 

Leading software services vendor Mindtree on Wednesday reported Rs 135 crore consolidated net profit for the second quarter (Q2) of fiscal 2019-20, registering 45 per cent sequential growth from Rs 95 crore a quarter ago. Net profit on annual

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The government has allowedinterchangeability of Aadhaar with PANunder income tax rules

Those looking to update six kinds of details fed into the Aadhaar database are required to visit an Aadhaar centre. For any update or correction in details such as biometric scans, address, photo, name and registered mobile number, Aadhaar enrolees are required

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Sensex, Nifty today: The Sensex crossed the 38,450 mark and the broader Nifty hit 11,400

Domestic stock markets rose on Tuesday with the S-P BSE Sensex index gaining more than 250 points, tracking gains in Asian peers. The broader National Stock Exchange (NSE) Nifty benchmark index climbed to as high as 11,408.35 in late morning deals, up 67.2

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Merrill Lynch also expects Jio to bid for 700 MHz/3.5 GHz spectrum.

Mumbai: 

Investment management company Merrill Lynch on Wednesday said Jio may continue its growth momentum as it remains the cheapest offering despite charging 6 paise for off-net calls.

Merrill Lynch expects the subscriber momentum to slowdown in FY21-22 but expect average revenue

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Flipkart will tie up with Bollywood A-listers like director Farah Khan to produce original video series.

MUMBAI: 

Walmart Inc's Flipkart is adding original shows to its newly minted video platform, the company said on Tuesday, as it competes with rival Amazon.com Inc's Prime Video.

Flipkart, which says it has 160 million customers, rolled out its

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Mr Pradhan said that by the end of 2024, India will be ready with a cross-country natural gas grid.

New Delhi: 

Global oil and gas majors are looking to India, the world's third biggest oil importer, to buy some of their excess liquefied natural gas (LNG) as the South Asian nation improves its gas infrastructure and strives to reduce emissions.

Spot

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