Uday Kotak said a fine balance between the fiscal deficit and financial health of the Indian economy is the need of the hour

The central bank said the government has also decided to offer a discount of Rs 50 per gram on the nominal value to investors applying online

\"It (WCL) will have Rs 5,300 crore capital investment. I would request that it should look into inducting more local people even if norms are to be relaxed as there has been several disputed matters due to small issues,\" the minister said

The ITR forms 1 and 4 can be filed online either by downloading excel or Java utility whereas, other ITR forms will be available soon

Level of operations could vary from industry to industry, ranging from as low as 10 per cent to as high as 70 per cent; unless demands pick up in the external market, it is unlikely that these industries would be back to their pre-COVID levels in 4-6 weeks

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

This latest round of investment by Silver Lake brings the total investment by the American company and its co-investors in Jio Platforms to Rs 10,202.55 crore

In the meeting, RBI Deputy Governor Michael Debabrata Patra said the damage is \"so deep and extensive\" that India''s potential output has been pushed down, and it will take years to repair

Patel believes a different market will open up for India thanks to nations unwilling to purchase from China. There will also be an export advantage for India post-COVID-19

In the wake of the coronavirus pandemic, countries across the world are looking at decoupling from China and the entire global supply chain developed over decades is being realigned

Toyota's 6,200 employees had been working at UB City for about 14 years. It initially rented two floors of 25,000 sq ft each but has vacated one of the floors a few years ago

The Finance Ministry has prohibited all government ministries and departments from putting forward new schemes in FY21, except those under the Pradhan Mantri Garib Kalyan Yojana and Atma Nirbhar Bharat Abhiyan; Kiran Mazumdar Shaw, Executive Chairperson and Managing Director of Biocon Limited, has been picked as the EY World Entrepreneur Of The Year for 2020; The Abu Dhabi-based sovereign investor Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Watch this and more on News Blast.Also Read: Biocon's founder Kiran Mazumdar-Shaw named 'Entrepreneur Of The Year'

Abu Dhabi-based sovereign investor Mubadala is the latest investor that has invested Rs 9,093 crore in Reliance Jio platforms, translating into 1.85% equity stake on a fully diluted basis

Abu Dhabi's Mubadala to invest Rs 9,093.60 cr in Mukesh Ambani's Jio PlatformsReliance Industries Limited and Jio Platforms Limited have announced the Abu Dhabi-based sovereign investor Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Mubadala's investment will translate into a 1.85% equity stake in Jio Platforms on a fully diluted basis, the company said. Reli...

Florida senator Rick Scott tweeted that HSBC had \"chosen profits over human rights.\"

Share price of Reliance Industries gained 2.39% to hit a fresh yearly high of Rs 1,617 compared to the previous close of Rs 1579.95 on BSE

Stock Market LIVE Updates: Companies set to announce their earnings are State Bank of India, L&T, Jyothi Labs, Exide Industries, Saregama, Alkem Laboratories, Greaves Cotton, Gujarat Gas among others.

Shares in Bharti closed 3.8% higher after rising as much as 6% on news of the Amazon talks. The broader NSE Nifty 50 index closed down 0.32

The current investment -- sixth in less than six weeks -- takes Jio Platforms' total funding to Rs 87,655.35 crore from some of the world's leading global technology and growth investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala Investment Company

Earlier this week, Moody's downgraded India's sovereign rating to the lowest investment grade citing weak government financials, sustained slowdown, and poor executin of economic reforms