LS passes Bill making Aadhaar mandatory for NGOs to receive foreign funds

LS passes Bill making Aadhaar mandatory for NGOs to receive foreign funds

🕔20:59, 21.Sep 2020

New Sep 21  The Lok Sabha on Monday unanimously passed a Bill making Aadhaar mandatory for registration of organisations receiving foreign funds and to give the government powers to stop utilisation of foreign funds by an organisation through a “summary

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SBI Life Insurance, YES Bank announce bancassurance tie-up

SBI Life Insurance, YES Bank announce bancassurance tie-up

🕔20:57, 21.Sep 2020

New Delhi, Sep 21  SBI Life Insurance has entered into a bancassurance agreement with YES BANK to offer a bouquet of life insurance solutions to the Bank’s customers across the country. As part of the partnership, SBI Life’s range of

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India turns net steel exporter to China for first time in years

India turns net steel exporter to China for first time in years

🕔20:56, 21.Sep 2020

New Delhi, Sep 21  Even as various restrictions are being looked by government agencies to curb Chinese imports, the neighbouring country has provided big export support to Indian steel industry saving it from the blushes of a weak domestic demand

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HDFC Bank to file response to US lawsuit by early next year

HDFC Bank to file response to US lawsuit by early next year

🕔20:54, 21.Sep 2020

New Delhi, Sep 21  HDFC Bank has denied the allegations in a class action suit in the US and said it intends to defend itself vigorously in the lawsuit. The Bank expects its response to the lawsuit to be due

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CCEA approves MSP hikes for 6 rabi crops

CCEA approves MSP hikes for 6 rabi crops

🕔20:52, 21.Sep 2020

New Delhi, Sep 21  The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Monday approved the hike in the Minimum Support Prices (MSPs) for all mandated six Rabi crops in crop season 2020-21 (July-June). While

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Govt to move six Bills in LS for passage on Monday

Govt to move six Bills in LS for passage on Monday

🕔15:36, 21.Sep 2020

New Delhi, Sep 21  The central government is slated to move six Bills, including four pertaining to ordinances, for passage in the Lok Sabha on Monday. These Bills will be moved soon after the House assembles for the day at

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ASUS forays into commercial PC market in India will 11 devices

ASUS forays into commercial PC market in India will 11 devices

🕔15:35, 21.Sep 2020

Mumbai, Sep 21 ASUS India, the Indian arm of Taiwanese IT major, on Monday forayed into the commercial PC market in India with launching “Expert Series” brand with 11 devices across laptops, desktops and All-in-Ones, targeting the key enterprise segments in

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India’s economy on a double-digit downswing as Covid-19 cases spike

India’s economy on a double-digit downswing as Covid-19 cases spike

🕔15:31, 21.Sep 2020

New Delhi  (India), September 21 — As India emerges as new global hotspot for coronavirus (Covid-19) pandemic with more than 5 million infections, several global institutions are casting doubts over its economic growth recovery. Official figures show that gross domestic

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HSBC, StanChart’s shares plunge on reports of illicit fund movement

HSBC, StanChart’s shares plunge on reports of illicit fund movement

🕔14:45, 21.Sep 2020

Mumbai, Sep 21  Shares of HSBC and Standard Chartered in Hong Kong plummeted nearly 3 per cent on Monday morning after reports suggested that they along with other banks allegedly moved large sums of illicit funds for nearly two decades.

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UK PM to address nation over ‘winter lockdown plans’

UK PM to address nation over ‘winter lockdown plans’

🕔14:38, 21.Sep 2020

London, Sep 21  UK Prime Minister Boris Johnson is set to address the nation to brace citizens for “winter lockdown plans” in preparation for a second wave of the Covid-19 pandemic in the country, media reports said. The Prime Minister

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New law to define agricultural products, trade areas

New law to define agricultural products, trade areas

🕔14:33, 21.Sep 2020

New Delhi, Sep 21  Aiming to double farmers’ income by 2022, the Modi government has enacted a new law to provide an alternative channel for the sale of farm produce, apart from the agri markets operated under Agricultural Produce Marketing

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2-year wait for states not opting for GST compensation formula

2-year wait for states not opting for GST compensation formula

🕔14:28, 21.Sep 2020

New Delhi, Sep 21  States which failed to submit their options before the GST Council meeting in October will have to wait for at least two years to get compensation on Goods and Services Tax collection shortfall expected during the

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Google Pay adds tap to pay feature for Axis, SBI card users

Google Pay adds tap to pay feature for Axis, SBI card users

🕔14:27, 21.Sep 2020

New Delhi, Sep 21  Google Pay in collaboration with Visa and banking partners on Monday rolled out tokenisation across its platform, enabling users to safely transact with their cards and use Tap-to-pay feature on near-field communication (NFC)-enabled point of sale

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Visa, IfundWomen grant to empower Indian women entrepreneurs

Visa, IfundWomen grant to empower Indian women entrepreneurs

🕔14:26, 21.Sep 2020

Mumbai, Sep 21  Visa along with its global partner IFundWomen on Monday announced a grant programme to empower women entrepreneurs in India. The digital payments technology leader will seek applications from women entrepreneurs across all sectors till October 20 and

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Despite fuel price cuts, OMCs improve marketing margins

Despite fuel price cuts, OMCs improve marketing margins

🕔14:25, 21.Sep 2020

New Delhi, Sep 21  Covid-19 pushed demand squeeze and fall in product prices, including that of fuel is unlikely to impact the profitability of oil marketing companies in the country as their net marketing margin on auto fuel is expected

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RS adjourned till Tuesday after uproar over 8 MPs’ suspension

RS adjourned till Tuesday after uproar over 8 MPs’ suspension

🕔14:23, 21.Sep 2020

New Delhi, Sep 21  After the opposition protests over the suspension of eight lawmakers on Monday disrupted Rajya Sabha proceedings and led to several adjournments, its Chairman adjourned the House till Tuesday. The Rajya Sabha was first adjourned till 10

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IOC bets big on petrochemicals, forward integration into textile biz

IOC bets big on petrochemicals, forward integration into textile biz

🕔14:20, 21.Sep 2020

New Delhi, Sep 21  Country’s largest oil marketing company Indian Oil Corporation proposes to leverage its growing petrochemical operations to expand textile business as it looks to diversify operations and offset risks associated with oil operations. At a recent Asia

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FinCEN files: Big banks let $2tn ‘dirty money’ move around world

FinCEN files: Big banks let $2tn ‘dirty money’ move around world

🕔14:17, 21.Sep 2020

New Delhi, Sep 21  The FinCEN files show that the world’s biggest banks have allowed criminals to move “dirty money” around the globe. In total, these reports flagged more than $2 trillion in transactions, according to BuzzFeed News. The BBC

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RS faces repeated adjournments over MPs’ suspension

RS faces repeated adjournments over MPs’ suspension

🕔12:14, 21.Sep 2020

New Delhi, Sep 21  The opposition forced three adjournment of the upper house within an hour after eight Rajya Sabha members were suspended on Monday following their unruly behaviour in Parliament a day ago. The Rajya Sabha was first adjourned

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Diesel gets cheaper by over Rs 2/l this month

Diesel gets cheaper by over Rs 2/l this month

🕔12:13, 21.Sep 2020

New Delhi, Sep 21  Diesel prices continued to decline for the fifth consecutive day on Monday even though globally crude prices remained steady. In the national capital diesel was priced at Rs 71.43 per litre, down from Rs 71.58 on

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