Phase-II of Air India disinvestment to start Jan 5
December 29, 2020 17:14 ISTThe second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders.
The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders.
Equity benchmark indices Sensex and Nifty continued their bull run for the fifth straight session on Tuesday to scale new peaks as investor sentiment remained upbeat amid positive domestic and global cues.
Gold prices rose marginally by Rs 39 to Rs 49,610 per 10 gram in the national capital on Tuesday, continuing the upside for the third consecutive day, in line with the rally in international prices of the precious metal, according to HDFC Securities.
On Monday, the Sensex had settled up by 380.21 points or 0.81 per cent at its all-time closing high of 47,353.75; and the Nifty too had risen by 123.95 points or 0.90 per cent to a new closing high of 13,873.20.
US stocks hit record highs after President Donald Trump signed the latest COVID-19 relief bill into law, ending the stand-off on the issue that had held up financial aid for Americans affected by the pandemic.
The 351-km New Bhaupur-New Khurja section of the EDFC is situated in Uttar Pradesh and has been built at a cost of Rs 5,750 crore.
Under the current dispensation, the RBI has been mandated by the government to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
The Ministry of Finance in a statement said it has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.
The government on Monday allowed the export of onions with effect from January 1, 2021.
With the market recovering gradually there is optimism among employers as 26 per cent of recruiters interviewed expect hiring to rebound to the pre-COVID levels within next 3-6 months while 34 per cent opined it may take six months to one year, according to a survey.
Gold prices on Monday rose Rs 185 to Rs 49,757 per 10 gram in the national capital, in line with the rally in price of the precious metal globally, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 49,572 per 10 gram.
The deadline to file tax returns is just a few days away. If you are an SBI customer and yet to file your income tax return, you can do so for free. The State Bank of India is offering a new facility to its users to file their income tax return (ITR) for free through the YONO app.
Futures of gold and silver surged on Monday tracking rise in the international markets after US President Donald Trump signed a much-awaited coronavirus relief and stimulus package into law.
The National Savings Certificate (NSC) is a popular small-savings tool. Promoted by the Central government, the NSC comes with guaranteed returns and tax-saving benefits.
On the last trading day, Thursday, of the previous week, the 30-share Sensex had surged 529.36 points or 1.14 per cent to close at 46,973.54. The broader NSE Nifty had zoomed 148.15 points or 1.09 per cent to 13,749.25.
Sovereign Gold Bonds: SGBs are government-backed securities. The bonds are denominated in grams of gold (999 purity). The RBI issues these bonds on behalf of the government.
Trading community on Sunday urged Union Finance Minister Nirmala Sitharaman and Goods and Goods and Services Tax (GST) Council to withdraw certain provisions of the new GST notification issued a few days back.
As the deadline to file ITR by individuals nears, the tax department also urged people to file their ITR for assessment year (AY) 2020-21 early to avoid last minute rush.
Electrical appliances could cost more in the year 2021. It is expected that prices for LED TV and appliances such as refrigerator, washing machines will go up from January onward on account of the rise in costs of key input materials like copper, aluminium, steel and increase in ocean and air freights charges.
The validity of motor vehicle documents like driving licence (DL), registration certificate (RC) and permits has been extended by the Union Transport Ministry till March 31, 2021, in view of the ongoing COVID-19 pandemic.
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