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Just in:   • Markets open on a positive note Wednesday morning  • Paswan interacts with industry on new consumer protection act  • Nelco brings in-flight communication to India  • Taxing retirement income of employees a retrograde step  • 'Listed realty firms log steady sales growth in Q3FY20' 
Last updated: 05 Sep, 2017  
 India Economy News


Markets open on a positive note Wednesday morning
SME Times News Bureau | 19 Feb, 2020
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.
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Taxing retirement income of employees a retrograde step
SME Times News Bureau | 19 Feb, 2020
Taxing rThe Union Budget for 2020 contains direct tax proposals in the Finance Bill to tax the retirement fund of an employee, which has been called a retrograde step by experts.
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'Listed realty firms log steady sales growth in Q3FY20'
SME Times News Bureau | 19 Feb, 2020
Although the real estate sector has been largely going through a slowdown, a report by Anarock Realty Consultants has said that the major real estate companies listed on stock exchanges have recorded a steady growth in their revenue during the October-December quarter of financial year 2019-20.
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J&K readying for investments to spur growth: Lt Guv's adviser
SME Times News Bureau | 19 Feb, 2020
Jammu and Kashmir is no longer what it was for decades, and is changing and readying itself for investments to spur growth and development, a top official said.
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Cabinet nod for making crop insurance voluntary for farmers
SME Times News Bureau | 19 Feb, 2020
The Union cabinet on Wednesday decided to make the Pradhan Mantri Fasal Bima Yojana (PMFBY) voluntary for farmers, Agriculture Minister Narendra Singh Tomar said.
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A larger crude oil supply deal likely during Trump visit
SME Times News Bureau | 19 Feb, 2020
India and the US may seal a larger crude oil supply deal during the visit of President Donald Trump later this month with diplomatic sources indicating that American oil companies are coming with offers that would make it attractive for indian companies to increase oil imports from US despite the longer distance and higher freight.
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INX Media: Court reserves order on bail of six bureaucrats
SME Times News Bureau | 18 Feb, 2020
A Delhi court on Tuesday reserved for Wednesday its order on regular bail application moved by six bureaucrats who were part of the Foreign Investment Promotion Board (FIPB) panel which granted approval to INX Media, in the case involving former Finance Minister P. Chidambaram.
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FM allays fears on price rise, to discuss COVID-19 with PMO
SME Times News Bureau | 18 Feb, 2020
Finance Minister Nirmala Sitharaman on Tuesday said she will discuss with the PMO about the relief that could be offered to industry but allayed any immediate worries about scarcity of any raw materials as yet on account of inventories built up by sectors as also on price rise.
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IOB to seek PCA withdrawal after posting net profit: CEO
SME Times News Bureau | 18 Feb, 2020
Indian Overseas Bank will approach Reserve Bank of India for withdrawal of PCA (prompt corrective action) framework once it starts making net profits even though the lender has already met the key criteria of below 6 per cent net NPA to be out of the restrictions, IOB Chairman Karnam Sekar has said.
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Yes Bank to be dropped from Nifty50, yield place to Shree Cement
SME Times News Bureau | 18 Feb, 2020
Bellwether stock index Nifty50 will exclude lender Yes Bank from the stocks that comprise its weightage, NSE Indices said on Tuesday.
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 20 Feb, 2020
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Ease of doing business improved in last one year
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