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Facebook to no longer recommend civic, political groups to users globally
Democratic Senator Ed Markey called Facebook's groups "breeding groups for hate" and noted they had been venues of planning for the Jan. 6 riot at the US Capitol
Budget 2021: 74% industry respondents expect hike in salary deduction limit, says KPMG survey
Asked what measures the government could adopt to provide relief to the salaried class, most respondents (74 per cent) felt that an enhancement in the standard deduction on salary income from the existing limit of Rs 50,000 should be considered
Tesla's Q4 profit misses the mark; delivers vague 2021 delivery outlook
Investors had hoped for a significant increase over the company's 2020 delivery goal of half a million vehicles, but Tesla provided only a vague outlook and did not state a concrete delivery goal
Aditya Birla Fashion buys 51% stake in Sabyasachi for Rs 398 crore
Sabyasachi is India's largest luxury designer brand, with interests in categories such as apparel, accessories and jewellery for both men and women, and presence in India, the US, the UK and the Middle East
Taxpayers' Budget 2021 wishlist: COVID exemptions, standard capital gains rates and more
Apart from long pending demands of hike in limits under Sections 80-C and 80-D of Income-tax Act, they also expect COVID-linked tax concessions, more attractive new tax regime and simplified capital gains structure
Biz EOD: 63 new COVID-19 vaccines soon; Sensex plunges 1,000 points; Xiaomi reclaims top position
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report
Grasim, JSW, Reliance face off in paint world
Morgan Stanley considers Grasim's foray a positive development as it will help improve value within the standalone business and address capital allocation concerns
Debt private placements hits all-time high of Rs 7.8 lakh crore in 2020
The highest mobilisation in 2020 was made by the All-India Financial Institutions/ Banks category at Rs 3,47,120 crore in comparison to Rs 3,37,468 crore in 2019
Reliance signs $15 million deal with Israeli firm for rapid COVID-19 test kits
The Reliance Group will purchase hundreds of COVID-19 breath testing system from the Israeli company for $15 million. The group will use them to conduct millions of tests at a cost of $10 million per month
Wall Street opens lower ahead of US Fed policy statement
The Dow Jones Industrial Average fell 575.3 points, or 1.86%, at the open to 30,361.35. The S&P 500 fell 65.8 points, or 1.70%, at the open to 3,784.35