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Read more about Top headlines: RBI keeps interest rates unchanged; BoI posts profit in Q4 on Business Standard. RBI keeps interest rates unchanged, announces measures to support economy
Read more about Top headlines: SC pulls up Centre over vaccination; PVR Q4 net loss widens on Business Standard. Business Standard brings you the day s top headlines
Govt extends FY21 ITR filing deadline The government on Thursday extended the due date of filing income tax returns for 2020-21 for individuals by two months till September 30. The Central Board of Direct Taxes (CBDT) has also extended the ITR filing deadline for companies by a month till November 30. Read more
Havells Q4 profit rises 71 pc to Rs 304 cr Consumer electrical goods maker Havells India on Thursday reported 70.95 per cent rise in consolidated net profit at Rs 303.83 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 177.73 crore in the year-ago period, Havells said in a regulatory filing.
Crypto market cap losses nearly $1 trn
Bitcoin and ethereum posted their largest one-day drop since March last year on Wednesday, with losses in the market capitalisation for the entire cryptocurrency sector approaching $1 trillion. The sharp declines came after China banned financial and payment institutions from providing cryptocurrency services. Read more
IOC net rises to Rs 8,781 cr in Jan-Mar quarter Indian Oil Corporation (IOC), the nation s biggest oil firm, on Wednesday reported a better-than-expected net profit of Rs 8,781.30 crore in the March quarter, helped by a surge in refining margins as higher crude prices boosted the inventory value. Standalone net profit in January-March was at Rs 8,781.30 crore, or Rs 9.56 a share, compared with a loss of Rs 5,185.32 crore in the same period a year back, IOC Chairman S M Vaidya said. Read more