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Atmanirbhar Bharat 3.0: Key Takeaways From Finance Minister's Stimulus Package
Edited by Nikita Prasad | Thursday November 12, 2020The finance ministers announcements under Atmanirbhar Bharat 3.0 come oneday after theCabinet approved the Production-Linked Incentive (PLI) scheme for 10 champion sectors -
Sensex, Nifty Snap 8-Day Winning Streak Dragged By Banks
Edited by Abhishek Vasudev | Thursday November 12, 2020Five of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty PSU Bank index's over 2 per cent fall. -
Rs 29.88 Lakh Crore Provided In Stimulus To Revive Economy From COVID-19: Finance Ministry
Edited by Abhishek Vasudev | Thursday November 12, 2020The Reserve Bank of India's stimulus measures amounts to Rs 12,71,200 crore, Finance Ministry's presentation showed. -
Income Tax Relief For Developers, Home-Buyers To Boost Real Estate Demand
Edited by Peter Noronha | Thursday November 12, 2020Finance Minister Nirmala Sitharaman has announced income tax relief for developers and home-buyers in order to boost the demand for residential real estate, as part of Atmanirbhar 3.0 stimulus measures announced to push economic growth. -
Government's Stimulus 3.0: Jobs Creation Scheme, Tax Relief In Housing
Edited by Peter Noronha | Thursday November 12, 2020Every EPFO registered established organisation, who take new employees who were never covered under EPFO or those who lost their job between Mar 1 and Sept 30 this year, will be given benefits. -
Strong Recovery Emerging, Says Nirmala Sitharaman
Edited by Peter Noronha | Thursday November 12, 2020All economic indicators are revealing that recovery is clearly happening, the Finance minister said and pointed out that GST collections were at Rs 1.05 lakh crore in October, up 10 per cent on a year-on-year basis. -
Nirmala Sitharaman Announces Atmanirbhar Bharat 3.0 Measures, Says Strong Recovery Clearly Happening: Highlights
Edited by Sandeep Singh | Thursday November 12, 2020Coronavirus cases are still surging in several parts of the country, which has been adding more than 40,000 cases a day. -
Startups Seek High-Tech Solutions For Massive Food Waste
Reuters | Thursday November 12, 2020Entrepreneurs are selling farmers apps to connect them to big buyers nationwide and using artificial intelligence to improve the rickety supply chains that lose one-fourth of India's produce to wastage. -
Indian Companies' Profits Rebound After World's Biggest Lockdown
Ishika Mookerjee, Bloomberg | Thursday November 12, 2020Aggregate net income of 46 NSE Nifty 50 members grew 4.8 per cent from a year earlier in the quarter through September, according to data compiled by Bloomberg. -
Sensex Falls Over 300 Points, Nifty Near 12,700 As Markets Off Record Highs
Edited by Sandeep Singh (with inputs from agencies) | Thursday November 12, 2020The government on Wednesday announced production-linked incentives worth about Rs 2 lakh crore spread over five years for manufacturers in 10 sectors. -
Rupee May Return To Near Pre-Covid Levels By March, Says Nomura
Kartik Goyal, Bloomberg | Thursday November 12, 2020The rupee is Asia's worst performer with a year-to-date loss of 4 per cent. -
India In Historic Technical Recession, RBI Says In First "Nowcast"
Anirban Nag, Bloomberg | Thursday November 12, 2020Gross domestic product contracted 8.6 per cent in the quarter ended September, the Reserve Bank of India showed in its first ever published 'nowcast.' -
Dhanteras 2020: How To Buy Physical, Non-Physical Gold
Edited by Sandeep Singh | Thursday November 12, 2020Dhanteras 2020: The price of gold in its physical form includes making charges, which is the cost covering the cost of giving gold shape such as jewellery. -
Rs 8,100 Crore Financial Assistance For Infra Viability Gap Funding Gets Nod
Asian News International | Thursday November 12, 2020, New DelhiAn official release said revamped Viability Gap Funding Scheme mainly relates to two sub-schemes for mainstreaming private participation in social infrastructure: -
RBI Bought Net $8.17 Billion In Foreign Exchange Market In September: Report
Reuters | Thursday November 12, 2020, MumbaiThe RBI bought $13.32 billion and sold $5.15 billion in the market in September, it said in a bulletin released late on Wednesday.
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