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Last Updated : Sep 26 2020 9:05AM     Screen Reader Access
News Highlights
Bihar Assembly Elections to be held in three phases from October 28; counting of votes on November 10            PM Modi to hold virtual bilateral summit with Sri Lankan counterpart today            Income Tax Dept launches Faceless Income tax Appeals to streamline collection process & check corruption            COVID 19 recovery rate stands at 81.74 %            Funeral of legendary singer SP Balasubrahmanyam to take place with state honours near Chennai today           

Business News

Income Tax Dept launches Faceless Income tax Appeals to streamline collection process & check corruption

Income Tax Dept launches Faceless Income tax Appeals to streamline collection process & check corruption
The Income Tax Department has launched Faceless Income tax Appeals. In a statement, the Central Board of Direct Taxes (CBDT) said, under it, all income tax appeals will be finalised in a faceless manner with the exception of appeals relating to serious frauds, major tax evasion, sensitive and search

Govt to study arbitration case award in Vodafone International Holding BV

Govt to study arbitration case award in Vodafone International Holding BV
The Government today said that it will study the arbitration case award in Vodafone International Holding BV. The Finance Ministry said, Government will be studying the award and all its aspects carefully in consultation with its counsels.

Rupee settles 28 paise higher at 73.61 against US dollar

Rupee settles 28 paise higher at 73.61 against US dollar
The rupee today strengthened by 28 paise to settle at 73 rupees and 61 paise against the US dollar, as gains in domestic equities buoyed investor sentiment.

Brent crude prices trading around 41 US dollars per barrel

Brent crude prices trading around 41 US dollars per barrel
Oil prices were little changed today but are on track for a weekly fall on concerns that a global resurgence of COVID-19 infections will constrain fuel demand and the likely return of exports from Libya will add to the supply.

Wall Street stocks register recovery as investors returned to technology-related stocks

Wall Street stocks register recovery as investors returned to technology-related stocks
The Wall Street logged a range bound recovery yesterday as investors returned to the technology-related stocks but on the other hand a surprise rise in weekly jobless claims signaled a slowdown in economic growth and kept investors cautious.

Sensex gains 835 points to close at 37,389; Nifty reclaims 11,000 level

Sensex gains 835 points to close at 37,389; Nifty reclaims 11,000 level
Benchmark domestic stocks today gained more than two percent snapping losing streak of six sessions. Key indices climbed amid mixed global cues. The Sensex regained 37,000 mark while the Nifty reclaimed 11,000 level.

Central govt suspends operation of Insolvency and Bankruptcy Code by another 3 months to protect companies in distress due to Covid-19

Central govt suspends operation of Insolvency and Bankruptcy Code by another 3 months to protect companies in distress due to Covid-19
The Central government has suspended the operation of the Insolvency and Bankruptcy Code, 2016 (IBC) by another three months in order to protect companies in distress due to the Covid pandemic.

RBI suggests five-pillared approach to deal with cybersecurity issues in UCBs

RBI suggests five-pillared approach to deal with cybersecurity issues in UCBs
The Reserve Bank today came out with a five-pillared strategic approach 'GUARD' to deal with cyber security threats being faced by Urban Cooperative Banks (UCBs).

Govt stresses need to cut import dependence for special grade steel

Govt stresses need to cut import dependence for special grade steel
The government today stressed the need to cut import dependence for special grade steel.

Asia-Pacific stocks struggles to emulate Wall Street’s rebound

Asia-Pacific stocks struggles to emulate Wall Street’s rebound
Asia-Pacific stocks today struggled to emulate Wall Street’s rebound as persistent worries about the global economic recovery kept investors cautious.

Piyush Goyal calls upon G-20 to play leadership role in crafting pathway to recover from COVID-19

Piyush Goyal calls upon G-20 to play leadership role in crafting pathway to recover from COVID-19
Commerce and Industry Minister Piyush Goyal on tuesday took part in the virtual meeting of the G-20 Trade and Investment Ministers.

Gold, Silver prices slide in Delhi

Gold, Silver prices slide in Delhi
Gold prices tumbled Rs. 672 to Rs. 51,328 per 10 gram in the national capital on a weak global trend.
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