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Microsoft's co-founder Bill Gates continued his reign as the world's richest person with a net worth of $75 billion, according to Forbes' annual ranking of billionaires, with Reliance Industries chairman Mukesh Ambani leading the pack of 84 Indian billionaires in 2016.

Helped by a near 10 per cent rally, ITC has surpassed Infosys and HDFC Bank to emerge as the third most valuable company in terms of market valuation.

The rupee on Tuesday logged this year's biggest single day gain of 57 paise to close at a nearly three-week high of 67.85 against the American currency on fresh selling of dollars by banks and exporters in view of sharp recovery in the domestic equity market

The government has approved the Adani Group's proposal for clubbing its three notified special economic zones in Gujarat to form a mega multi-product export zone spanning over 8,500 hectares. The decision was taken by the Board of Approval (BoA), headed by commerce secretary Rita Teaotia.

Drones, which are being considered a major security risk as they could be used by terror groups for mounting assaults, have been included in the prohibited list and flyers entering India will have to declare them from April 1.

Government has resolved over 80 per cent of disputes relating to TDS deduction through an online system and will carry out changes in TDS limits or slabs once the recommendations of the Easwar Committee are received, said minister of state for finance Jayant Sinha.

A day after the Union Budget, the benchmark BSE Sensex surged 777.35 points to close at 23,779.35 and the NSE Nifty reclaimed the 7,200-mark on Tuesday amid hopes of a rate cut by the Reserve Bank of India.