Gold prices on Thursday jumped to Rs 49,150 from Rs 48,950 per 10 gram, while silver climbed to Rs 53,000 from Rs 52,120 per kilogram, according to Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Shares of ICICI Securities on Thursday gained 5 per cent to hit a fresh all-time high of Rs 552 on the BSE on expectation of good earnings for the quarter ended June 2020 (Q1FY21). In the past month, the stock had outperformed the market by surging 38 per cent, as compared to 8 per cent rise in the S&P BSE Sensex.

ICICI Securities, a subsidiary of ICICI Bank, is a technology-based firm offering a wide range of financial services including investment banking institutional broking retail broking private wealth management and financial product distribution.

Flipkart has launched a new payment method that lets customers pay some amount for a product and the balance on delivery, aiming to reduce returns and cancellations.

The Walmart-owned e-commerce giant, in an email to sellers, said ‘Part-Payment’ would encourage pre-paid transactions.

Heavy rains continue to lash Mumbai for the third consecutive day and the India Meteorological Department (IMD) has issued a red alert for the next two days for Mumbai and its adjoining areas.

The weather agency has said that the island city will continue to receive heavy downpour for nearly six more hours.

Many verified Twitter accounts including that of noted celebrities like including U.S. presidential candidate Joe Biden, reality television show star Kim Kardashian, former U.S. President Barack Obama, billionaire Elon Musk, and rapper Kanye West were hacked on Wednesday.

Others affected include Amazon founder Jeff Bezos, investor Warren Buffett, Microsoft co-founder Bill Gates, and the corporate accounts for Uber and Apple. Several accounts of cryptocurrency-focused organizations were also hijacked.

Following the ban on 59 Chinese apps by the Centre, Alibaba, China's largest e-commerce giants, has closed the operations of UC Browser and UC News in India.

The employees working in the company has been informed about the decision and the offices in Gurugram and Mumbai have been shut down.

As convalescent plasma therapy seems to have the desired effect on bringing down COVID-19 mortality rate, the Karnataka government on Wednesday announced an incentive of Rs 5,000 to plasma donors.

People who have recovered from the coronavirus infection can donate plasma to help cure other COVID-19 patients.

Tamil Nadu will launch a trial to study the efficacy of Bacille Calmette-Guerin (BCG) vaccine in reducing COVID-19 mortality rate in the elderly, state's Health Minister Dr C Vijayabaskar said on Wednesday.

As ordered by Chief Minister E Palaniswami, the BCG vaccine shall be administered on a trial basis, on adults aged 60-95, with the aim of reducing the COVID mortality rate in this age group, Vijayabaskar said.

The COVID-19 testing per million for India is consistently rising and has touched 8994.7, government data showed on Wednesday.

The cumulative number of samples tested, as of now is 1,24,12,664 with 3,20,161 samples being tested in the last 24 hours, Ministry of Health and Family Welfare said.

Amid outrage over 18% GST on alcohol-based hand sanitisers, the Ministry of Finance on Wednesday said it is a disinfectant like soaps and other anti-bacterial liquids and will attract similar tax.

The clarification was issued by the ministry after the Goa bench of Authority for Advance Ruling (AAR) had recently ruled that alcohol-based hand sanitisers will attract 18% duty under the Goods and Services Tax (GST) regime.

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