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Etihad has also sought top positions for its officials on Jet Airways board if it agrees to raise its stake.

The notification specifies a list of documents that start-ups will have to submit to the DIPP while seeking approval.

The Budget comprises a set of documents such as annual financial statement, finance bill, demand for grants and macroeconomic framework.

Under the changes, e-commerce firms in the country from February 1 will not be able to sell products via companies in which they have an equity interest or push sellers to sell exclusively on their platforms

The rupee has fallen by almost 2 per cent so far in 2019, the most among its regional peers, continuing its bear run from last year.

Extending its upward trend for third straight day, gold prices on Wednesday gained by Rs 65 to trade at Rs 33,190 per 10 grams at the bullion market, reported news agency Press Trust of India (PTI). The climb in prices came due to increased demand from jewellers, said the report quoting the All India Sarafa Association. Silver too followed the trend and surged by Rs 300 to Rs 40,500 per kg driven by significant increase in demand from industrial units and coin makers. Gold prices witnessed an uptick, as investors bet on this asset class as a safe haven, owing to depreciation in the rupee vis-a-vis the US dollar, said PTI citing traders. Besides, a firm trend overseas supported the gain in the prices of yellow metal, traders added.

The ceremony for the announcement of the Union Budget starts with a traditional "Halwa" ceremony, which marks the beginning of the printing process of the Budget.

The move will help in bringing down the income tax return (ITR) processing time to one day and hence speed up refunds.

The central government decision came after a number of representations were made to Commerce and Industry Minister Suresh Prabhu by start-ups.

Currently, petrol and diesel prices are revised by state-run oil marketing companies every day with effect from 6 am.

The discount offer, which is valid on both one way and return journeys, is available only on Jet Airways website and mobile app.

Jet Airways said various options are yet to be crystallised and agreed to by the stakeholders in the best interests of the company.

Domestic stock markets ended Wednesday's choppy session on a flat note tracking mixed cues from the global markets amid geopolitical uncertainties. The 30-scrip Bombay Stock Exchange (BSE) benchmark index closed at 36,321.29, up 2.96 points or 0.01 per cent from the previous close, and the Nifty50 index of the National Stock Exchange (NSE) rose 3.50 points or 0.03 per cent higher to finish at 10,890.30. The S&P BSE Sensex surged as much as 143.7 points during the session to touch 36,462.03 at the day's highest point, while the Nifty50 advanced by 41.35 points to register an intraday high of 10,928.15.

The move also came a day after money supply data showed several of China's key credit gauges continue to languish around record lows.

Interim Budget 2019: This year, the government will present an interim budget February 1. Unlike a full-year budget, an interim budget covers a smaller period of time, usually few months. An interim budget also contains key details such as where money comes from (revenue) and where it is spent (expenditure), as well as projections of growth and fiscal position.