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    Chinese apps ban: JioMeet joins 'local ke liye vocal' call

    New Delhi, July 3 (IANS) In a filip to Prime Minister Narendra Modi's call for local ke liye vocal amid the ban on 59 Chinese apps, Reliance Jio has launched a free video-conferencing application called JioMeet that takes on various other such apps which are growing in leaps and bounds as millions of people work from home in India.The application that has already been downloaded...

    • 2 hrs ago
  • Business

    Petrol, diesel prices pause for 4th consecutive day

    New Delhi, July 3 (IANS) Fuel prices have gone for a longer pause after rising on 22 of the past 27 days as oil marketing companies (OMC) kept the pump prices of petrol and diesel unchanged again on Friday.In the national capital, petrol price on Friday stood at Rs 80.43 per lit re and diesel at Rs 80.53 a litre, same level as last three days when OMCs went for pause and kept the prices...

    • 3 hrs ago
  • Business

    Covid didn't turn bitter for kinnow growers of Punjab, Haryana

    Chandigarh, July 3 (IANS) The Covid-induced lockdown did not turn out bitter for the kinnow -- a citrus fruit resembling orange -- growers and farm labourers of Punjab and Haryana as they got handsome returns from the natural fruit droppings. A few years back the self-aborted small oranges, once considered the agricultural waste, were either left in the fields to decay or dumped...

    • 3 hrs ago
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    Tesla CEO Elon Musk again taunts US market regulators SEC

    San Francisco, July 3 (IANS) Tesla CEO Elon Musk has again provoked the US market regulator, the Securities and Exchange Commission, while celebrating the surge in the company's stock.In a tweet on Thursday, Musk referred to the SEC as the Shortseller Enrichment Commission.The tech billionaire made a similar reference to the SEC in October 2018 after the regulator accused him of...

    • 3 hrs ago
  • Business

    In Covid days, I-T Deptt refunds Rs 62K Cr to 20L taxpayers

    New Delhi, July 3 (IANS) In pursuance of the exercise to meet liquidity needs taxpayers during COVID-19 pandemic, the income tax department has fast tracked its tax refund process and processed 20.44 lakh cases amounting to more than Rs 62,361 crore upto June 30.The income tax department has worked at breakneck speed to process the refund claims. It has issued tax refunds at a speed of...

    • 3 hrs ago
  • Business

    Late fee on GST returns capped till July to Rs 500

    New Delhi, July 3 (IANS) In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs 500 per return for the extended tax period of July 2017 to July 2020 subject to the condition that such returns are filed before September 30, 2020.The Central Board of Indirect taxes and Customs (CBIC) has notified that there will be nil late fees if...

    • 4 hrs ago
  • Business

    IBBI proposes to limit cases with insolvency professionals

    New Delhi, July 3 (IANS) In what may bring about major reform and efficiency in the insolvency regime in India, the Insolvency and Bankruptcy Board of India (IBBI) has proposed to limit the number of cases an insolvency professional can handle to five as it noted that few insolvency professionals (IP) are handling too many casesIn a recent discussion paper, the board noted the...

    • 4 hrs ago
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    RIL net debt to dip with rights issue, Jio stake sale

    New Delhi, July 3 (IANS) Asset monetization in Jio Platforms along with the $7 billion rightsissue s hould reduce Reliance Industries Limited (RIL)s net debt by more than half, according to a report by Morgan Stanley.It said that multiple catalysts are in play with faster than expected deleveraging, improving demand and margin outlook on refining and chemicals, top quartile earnings CAGR of...

    • 5 hrs ago
  • Business

    Sensex above 36,000 mark, Nifty at 10,600

    Mumbai, July 3 (IANS) The key Indian equity indices rose on Friday morning with the Sensex trading above the psychological mark of 36,000 points.The Nifty50 on the National Stock Exchange (NSE) was also trading just above the 10,600 mark.The domestic indices rose tracking a positive trend in the Asian markets.At 10.23 a.m., Sensex was trading at 36,004.28, higher by 160.58 points or 0.45 per cent from...

    • 6 hrs ago
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    Intel to invest Rs 1,894 crore in Jio Platforms (Lead)

    New Delhi, July 3 (IANS) Reliance Industries Limited (RIL) and Jio Platforms Limited on Friday announced that Intel Capital will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.Intel Capital's investment will translate into a 0.39 per cent equity stake in Jio Platforms on a fully diluted basis.Intel...

    • 7 hrs ago

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