Business highlights

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New Delhi, Nov 30 (PTI) Following are the top business stories at 1940 hours: DCM39 BIZ-CBIC-LD QR CODE Govt waives penalty for non-compliance with QR code provisions for B2C transactions till Mar'21 New Delhi: The government has given conditional waiver on the penalty for non-compliance with QR code provisions for B2C (business-to-consumer) invoices generated by businesses for four months till March 31, 2021.

DCM23 BIZ-SYRINGES-HMD On track to produce 177.6 mn auto-disable syringes for govt by March: HMD New Delhi: Hindustan Syringes & Medical Devices (HMD) on Monday said it is on track to produce 177.6 million 0.5 ml KOJAK auto-disable syringes for the government by March 2021.

DCM19 BIZ-S&P-INDIA-GROWTH S&P retains India's growth forecast at (-)9 per cent this fiscal New Delhi: S&P Global Ratings on Monday retained its forecast of 9 per cent contraction in the Indian economy for the current fiscal, saying even though there are now upside risks to growth but it will wait for more signs that COVID infections have stabilised or fallen.

DCM29 BIZ-CNG-PETROL PUMPS CNG stations at petrol pumps not to be opened for third party access New Delhi: CNG stations anchored on petrol pumps will not be open to third party hiring, gas regulator PNGRB has said.

DCM5 BIZ-DBS BANK-CUSTOMERS Lakshmi Vilas Bank customers can access all services; no change in interest rates as of now: DBS New Delhi: DBS Bank India on Monday said customers of Lakshmi Vilas Bank, which has now been merged with it, can continue to access all banking services, and interest rates on savings and fixed deposits are unchanged as of now.

DCM27 BIZ-FITCH-INDIA-CONSUMER India's consumer spending to return to growth in 2021: Fitch Solutions New Delhi: After a COVID-19 pandemic-led contraction in consumer spending in 2020, household spending will return to growth in 2021, expanding by as much as 6.6 per cent, Fitch Solutions said on Monday. PTI RVK