Thursday, Aug 6 2020 | Time 18:08 Hrs(IST)
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  • Dhankhar condoles veteran Marxist leader Shyamal Chakraborty's demise
  • NIA question's Father Steyn Swami in cBhima Koregaon case
  • Army commander Western Command visits, Jalandhar, Beas & Surnassi military stations
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  • Landslide in south Mumbai amid incessant rains
  • Senior CPI(M) leader Shyamal Chakraborty passes away
  • K'taka CM expresses grave concern over alarming flood situation in state
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Business Economy


Oil on boil: Petrol Rs 80.13 per litre in Delhi, Diesel Rs 80.19 per litre

New Delhi, Jun 26 (UNI) The retail price of petrol crossed Rs 80 per litre in the National Capital on Friday, after a hike of 21 paise.
As per the Indian Oil Corporation, petrol was selling at Rs 80.13. This was the highest rate since October 27, 2018.
The price of diesel also increased by 17 paise and reached Rs 80.19 per litre.
The prices of both the fuels were rising every day since June 7. Petrol has witnessed a spike of Rs 8.87 (12.45 per cent), while diesel witnessed a hike of Rs 10.80 (15.56 per cent).
In Kolkata and Mumbai, the price of petrol was increased by 21 paise and selling at Rs 81.82 and Rs 8.91, respectively. In Chennai, the retail price of petrol reached Rs 83.37 after a hike of 19 paise.
Diesel in Kolkata was selling at Rs 75.34, a rise of 16 paise, whereas in Mumbai, it spiked by 17 paise, settling at Rs 78.51. In Chennai, the price of diesel reached Rs 77.44, after an increase of 15 pasie.
Prices of Petrol and Diesel in four metropolitans:
State--------------Petrol------------------Diesel
Delhi-------------80.13 (+21p) --------80.19(+17)
Kolkata---------81.82(+21) ----------75.34(+16)
Mumbai--------86.91(+21) ----------78.51(+17)
Chennai--------83.37(+19) -----------77.44(+15)
UNI PS RJ 1706
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RBI announces ODR mechanism for digital payments

RBI announces ODR mechanism for digital payments

06 Aug 2020 | 6:00 PM

Mumbai, Aug 6 ( UNI) The Reserve Bank of India on Thursday announced the introduction of an online dispute resolution (ODR) mechanism for digital payments.

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Corporate sectors hail policy rates announced by RBI

06 Aug 2020 | 5:54 PM

Benagaluru, Aug 6(UNI) Bennet & Bernard Group and , South East Asia, Middle East & Africa, CBRE have all hailed the latest monetary policy announced by the RBI on Thursday
In a statement issued here on Thursday Mr Lincoln Bennet Rodrigues, Founder and Chairman, Bennet & Bernard Group, said that the pause in policy rates and the accommodative stance reflects the central bank's concern about inflation and surplus liquidity in the banking sector. One-time restructuring for COVID-19 stressed accounts is a step in the right direction. Also, an amount of Rs 10,000 crore of additional liquidity provided to NABARD and NHB will help the NBFCs and housing sector to tide over the liquidity crisis.

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MPC’s decision to keep rates on hold in line with expectation : Deodhar

06 Aug 2020 | 5:49 PM

Kolkata, Aug 06 (UNI) Anagha Deodhar, Economist, ICICI Securities, today said Reserve Bank of India (RBI)'s Monetary Policy Committee has kept the rates on hold in line with the expectations.

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Enough export orders but not enough manpower, say jewellery manufacturers

Enough export orders but not enough manpower, say jewellery manufacturers

06 Aug 2020 | 5:39 PM

Kolkata, Aug 06 (UNI) The gems and jewellery industry, which is witnessing an increase in export orders, is facing challenging times due to lack of skilled manpower as workers are either unable to come back due to transportation restrictions or reluctant to leave their families in times of crisis, the Gem & Jewellery Export Promotion Council (GJEPC) said.

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Aries Group came up with innovative 360 deg sanitizing method to hinder spread of COVID

06 Aug 2020 | 5:37 PM

Hyderabad, Aug 6 (UNI) UAE based Aries group on Thursday announced that it has come up with an innovative top to the bottom 360-degree sanitizing method to hinder the spread of COVID-19.

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