Author: Priya Singh
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Gold Price Made Another Fall and disappointed U.S. PPI data
The gold prices have made a call to the bottom of the spectrum near the 1300 region and have since fired back and now trade easily above the lows on the back of instability in the dollar and also increased danger all around the world which has beaten the stock markets very difficult.
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Credit and Debit card to be disabled for Online Transactions If Not Used Before
The Reserve Bank of India has proposed new rules to improve the safety features of debit cards and credit cards. While issuing and reissuing the debit and credit cards, banks must assure that all the debit cards and credit cards are permitted only for domestic purchases at ATMs and point of sale terminals, RBI said…
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Reliance Jio, Vodafone, Airtel Submit Application for 5G Trials
Telecom executives Bharti Airtel and Vodafone Idea have attempted to join hands with questionable Chinese firm Huawei for the upcoming 5G trials. The two operators and Reliance Jio, have presented their programs for the hearings on Wednesday, the last day of application.
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Xiaomi Created 50,000 jobs in India
Xiaomi on Wednesday stated that it has created employment for over 50,000 people in India. This has been developed over the last five years since 2014 – and incorporating partners from production, after-sales, offline sales, logistics, and corporate workers.
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Amazon Head Jeff Bezos Pledges to Invest $1 Billion For Supporting Small Businesses
Amazon.com Inc. Chief Executive Jeff Bezos vowed to invest an additional $1 billion in the company’s Indian services, part of a charm attack in a promising but challenging business.
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Trump Signs Monster Deals with China to Pause Trade War
The US and China published an initial trade contract on Wednesday that will move back some taxes and extend Chinese purchases of US goods and services, defusing an 18-month conflict between the world’s two biggest markets.
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CCI Filed an Inquiry Against -commerce majors Flipkart and Amazon
Fair trade regulator CCI on Monday filed an inquiry against e-commerce majors Flipkart and Amazon for alleged violations, including deep discounting and tie-ups with approved sellers on their policies. The order follows a charge filed by Delhi Vyapar Mahasangh, whose members include many traders dealing in smartphones and similar accessories.
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Nusli Wadia, Chairman of Bombay Dyeing, Withdraws Defamation Case Against Ratan Tata
Owner and Wadia Group Chairman Nusli Wadia has withdrawn criminal defamation suits registered against Tata Sons’ Chairman Emeritus Ratan Tata and other leaders in 2016, including a petition that queried ₹3,000-crore in damages.
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SEBI Defers the Deadlines By 2 Years for Top 500 Firms
Markets regulator Sebi has delayed by two years to April 2022 it’s directive for registered companies to split the positions of chairman and MD in view of demand from corporates and to keep agreement burden lower in the track of the current financial scenario.
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Market on January 13: Sensex, Nifty Close at High Records
Indian markets closed at record highs today, driven by profits in IT and metal stocks. The Sensex surged 258 points to a fresh closing high of 41,858. The Nifty ended at 0.6% higher at 12,333, its first end above 12,333.