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IndiaTV Business: Google News Feed: Digest for February 23, 2023

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As of February 20, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 3.61% and was trading at $25,062.33. Meanwhile, Ethereum had an increase of 3.13% and was trading at approximately $1,725.61.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56156.00 per 10 grams, showing a slight decrease of 0.10%. On the other hand, silver futures opened at Rs. 65607.00 per kilogram, with a slight decrease of 0.22%.
Over the past few years, the adoption of the digital execution of documents has increased dramatically. However, widespread adoption at scale is hindered by a big accessibility gap between technology and the end customers of banks and microfinance institutions, especially in rural areas.
EPFO Pension Scheme: The Employees' Provident Fund Organization (EPFO) published rules on February 20 for employees who are entitled to a higher pension under the Employees' Pension Plan (EPS) but did not apply for it. The EPFO has approved combined applications from the employer and the employee for the same. Applications for additional pension benefits may now be submitted till March 3, 2023. The new guidelines were issued after the Supreme Court court gave a four month deadline to enable eligible subscribers to opt for higher pensions under EPS.
Twitter has been laying off employees across various departments since November last year, and the downsizing continues on a large scale. Recent reports indicate that the company has fired a number of employees in sales and other teams. According to a report, the move to fire more employees is part of Twitter's efforts to reduce costs and streamline operations.  
In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor.
Continuing its winning streak in the build-operate-transfer (BOT) space, leading highways infrastructure developer IRB Infrastructure has been selected as the preferred bidder for a highway in Gujrat. The 6-lane 90.90 -km stretch between Samakhiyali to Santalpur will be constructed for Rs 2,132, the company said in a regulatory filing.

What is no-cost EMI scheme? How it functions - Explained

Tuesday 21 February 2023 12:50 PM UTC+00
No-cost EMI is the ability to pay for a purchase gradually and without any interest. Although this can first seem attractive, there is a cost involved. This cost often appears as a discount on the items or services in question that you would have otherwise received.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 20, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 3.61% and was trading at $25,062.33. Meanwhile, Ethereum had an increase of 3.13% and was trading at approximately $1,725.61.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56156.00 per 10 grams, showing a slight decrease of 0.10%. On the other hand, silver futures opened at Rs. 65607.00 per kilogram, with a slight decrease of 0.22%.
Over the past few years, the adoption of the digital execution of documents has increased dramatically. However, widespread adoption at scale is hindered by a big accessibility gap between technology and the end customers of banks and microfinance institutions, especially in rural areas.
EPFO Pension Scheme: The Employees' Provident Fund Organization (EPFO) published rules on February 20 for employees who are entitled to a higher pension under the Employees' Pension Plan (EPS) but did not apply for it. The EPFO has approved combined applications from the employer and the employee for the same. Applications for additional pension benefits may now be submitted till March 3, 2023. The new guidelines were issued after the Supreme Court court gave a four month deadline to enable eligible subscribers to opt for higher pensions under EPS.
Twitter has been laying off employees across various departments since November last year, and the downsizing continues on a large scale. Recent reports indicate that the company has fired a number of employees in sales and other teams. According to a report, the move to fire more employees is part of Twitter's efforts to reduce costs and streamline operations.  
In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor.
Continuing its winning streak in the build-operate-transfer (BOT) space, leading highways infrastructure developer IRB Infrastructure has been selected as the preferred bidder for a highway in Gujrat. The 6-lane 90.90 -km stretch between Samakhiyali to Santalpur will be constructed for Rs 2,132, the company said in a regulatory filing.

What is no-cost EMI scheme? How it functions - Explained

Tuesday 21 February 2023 12:50 PM UTC+00
No-cost EMI is the ability to pay for a purchase gradually and without any interest. Although this can first seem attractive, there is a cost involved. This cost often appears as a discount on the items or services in question that you would have otherwise received.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
Over the past few years, the adoption of the digital execution of documents has increased dramatically. However, widespread adoption at scale is hindered by a big accessibility gap between technology and the end customers of banks and microfinance institutions, especially in rural areas.
EPFO Pension Scheme: The Employees' Provident Fund Organization (EPFO) published rules on February 20 for employees who are entitled to a higher pension under the Employees' Pension Plan (EPS) but did not apply for it. The EPFO has approved combined applications from the employer and the employee for the same. Applications for additional pension benefits may now be submitted till March 3, 2023. The new guidelines were issued after the Supreme Court court gave a four month deadline to enable eligible subscribers to opt for higher pensions under EPS.
Twitter has been laying off employees across various departments since November last year, and the downsizing continues on a large scale. Recent reports indicate that the company has fired a number of employees in sales and other teams. According to a report, the move to fire more employees is part of Twitter's efforts to reduce costs and streamline operations.  
In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor.
Continuing its winning streak in the build-operate-transfer (BOT) space, leading highways infrastructure developer IRB Infrastructure has been selected as the preferred bidder for a highway in Gujrat. The 6-lane 90.90 -km stretch between Samakhiyali to Santalpur will be constructed for Rs 2,132, the company said in a regulatory filing.

What is no-cost EMI scheme? How it functions - Explained

Tuesday 21 February 2023 12:50 PM UTC+00
No-cost EMI is the ability to pay for a purchase gradually and without any interest. Although this can first seem attractive, there is a cost involved. This cost often appears as a discount on the items or services in question that you would have otherwise received.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 21, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 1.31% and was trading at $24,513.3. Meanwhile, Ethereum was trading at approximately $1,713.07.
NBFC Advik Capital Limited is in an advanced stage of financing the National Highway Authority of India (NHAI) backed Gohana Sonepat highway project along with other banks.
EPFO Pension Scheme: The Employees' Provident Fund Organization (EPFO) published rules on February 20 for employees who are entitled to a higher pension under the Employees' Pension Plan (EPS) but did not apply for it. The EPFO has approved combined applications from the employer and the employee for the same. Applications for additional pension benefits may now be submitted till March 3, 2023. The new guidelines were issued after the Supreme Court court gave a four month deadline to enable eligible subscribers to opt for higher pensions under EPS.
Twitter has been laying off employees across various departments since November last year, and the downsizing continues on a large scale. Recent reports indicate that the company has fired a number of employees in sales and other teams. According to a report, the move to fire more employees is part of Twitter's efforts to reduce costs and streamline operations.  
In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor.
Continuing its winning streak in the build-operate-transfer (BOT) space, leading highways infrastructure developer IRB Infrastructure has been selected as the preferred bidder for a highway in Gujrat. The 6-lane 90.90 -km stretch between Samakhiyali to Santalpur will be constructed for Rs 2,132, the company said in a regulatory filing.

What is no-cost EMI scheme? How it functions - Explained

Tuesday 21 February 2023 12:50 PM UTC+00
No-cost EMI is the ability to pay for a purchase gradually and without any interest. Although this can first seem attractive, there is a cost involved. This cost often appears as a discount on the items or services in question that you would have otherwise received.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 21, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 1.31% and was trading at $24,513.3. Meanwhile, Ethereum was trading at approximately $1,713.07.
NBFC Advik Capital Limited is in an advanced stage of financing the National Highway Authority of India (NHAI) backed Gohana Sonepat highway project along with other banks.
Macfos Limited's initial public offering (IPO) was oversubscribed on the final day on Tuesday, February 21. The IPO's price band was fixed at Rs 96-Rs 102 per share bearing a face value of Rs 10 each.
In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor.
Continuing its winning streak in the build-operate-transfer (BOT) space, leading highways infrastructure developer IRB Infrastructure has been selected as the preferred bidder for a highway in Gujrat. The 6-lane 90.90 -km stretch between Samakhiyali to Santalpur will be constructed for Rs 2,132, the company said in a regulatory filing.

What is no-cost EMI scheme? How it functions - Explained

Tuesday 21 February 2023 12:50 PM UTC+00
No-cost EMI is the ability to pay for a purchase gradually and without any interest. Although this can first seem attractive, there is a cost involved. This cost often appears as a discount on the items or services in question that you would have otherwise received.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 21, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 1.31% and was trading at $24,513.3. Meanwhile, Ethereum was trading at approximately $1,713.07.
NBFC Advik Capital Limited is in an advanced stage of financing the National Highway Authority of India (NHAI) backed Gohana Sonepat highway project along with other banks.
Macfos Limited's initial public offering (IPO) was oversubscribed on the final day on Tuesday, February 21. The IPO's price band was fixed at Rs 96-Rs 102 per share bearing a face value of Rs 10 each.
A sealed first-generation iPhone has been sold for a staggering  $63,356.40 at an auction, almost 16 years after its initial release. The device, owned by tattoo artist Karen Green, was expected to fetch around $50,000 but ended up selling for almost 16 times the original pricing of $599 after 27 bids. The phone's 8GB storage and factory-sealed status make it highly desirable for collectors and investors. The first-generation iPhone, or iPhone 2G, came with either 4GB, 8GB, or 16GB of storage.  
Israeli Ambassador to India Naor Gilon on Wednesday said that ports are the core business of Adani Group and he sees that they are working very well. The envoy mentioned Adani Group is looking for more projects in Israel and he hopes that they succeed in it.
In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor.
Continuing its winning streak in the build-operate-transfer (BOT) space, leading highways infrastructure developer IRB Infrastructure has been selected as the preferred bidder for a highway in Gujrat. The 6-lane 90.90 -km stretch between Samakhiyali to Santalpur will be constructed for Rs 2,132, the company said in a regulatory filing.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 21, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 1.31% and was trading at $24,513.3. Meanwhile, Ethereum was trading at approximately $1,713.07.
NBFC Advik Capital Limited is in an advanced stage of financing the National Highway Authority of India (NHAI) backed Gohana Sonepat highway project along with other banks.
Macfos Limited's initial public offering (IPO) was oversubscribed on the final day on Tuesday, February 21. The IPO's price band was fixed at Rs 96-Rs 102 per share bearing a face value of Rs 10 each.
A sealed first-generation iPhone has been sold for a staggering  $63,356.40 at an auction, almost 16 years after its initial release. The device, owned by tattoo artist Karen Green, was expected to fetch around $50,000 but ended up selling for almost 16 times the original pricing of $599 after 27 bids. The phone's 8GB storage and factory-sealed status make it highly desirable for collectors and investors. The first-generation iPhone, or iPhone 2G, came with either 4GB, 8GB, or 16GB of storage.  
Israeli Ambassador to India Naor Gilon on Wednesday said that ports are the core business of Adani Group and he sees that they are working very well. The envoy mentioned Adani Group is looking for more projects in Israel and he hopes that they succeed in it.
Sensex on Wednesday witnessed a three-week low as it plunged by 927 points to settle at 59744.98 while Nifty settled at a four month low below 176,00. The figures are a reflection of weak global trends.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 21, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 1.31% and was trading at $24,513.3. Meanwhile, Ethereum was trading at approximately $1,713.07.
NBFC Advik Capital Limited is in an advanced stage of financing the National Highway Authority of India (NHAI) backed Gohana Sonepat highway project along with other banks.
Macfos Limited's initial public offering (IPO) was oversubscribed on the final day on Tuesday, February 21. The IPO's price band was fixed at Rs 96-Rs 102 per share bearing a face value of Rs 10 each.
A sealed first-generation iPhone has been sold for a staggering  $63,356.40 at an auction, almost 16 years after its initial release. The device, owned by tattoo artist Karen Green, was expected to fetch around $50,000 but ended up selling for almost 16 times the original pricing of $599 after 27 bids. The phone's 8GB storage and factory-sealed status make it highly desirable for collectors and investors. The first-generation iPhone, or iPhone 2G, came with either 4GB, 8GB, or 16GB of storage.  
Israeli Ambassador to India Naor Gilon on Wednesday said that ports are the core business of Adani Group and he sees that they are working very well. The envoy mentioned Adani Group is looking for more projects in Israel and he hopes that they succeed in it.
Sensex on Wednesday witnessed a three-week low as it plunged by 927 points to settle at 59744.98 while Nifty settled at a four month low below 176,00. The figures are a reflection of weak global trends.
Union Budget 2023: The Ministry of Finance on Wednesday announced that PM Modi will address 12 crucial post-budget webinars to take cognizance of 'Saptrishi' priorities. As per the announcement of the Finance Ministry, the webinars will be held between February 23, 2023, to March 11, 2023. In a recent official notice, the Ministry of Finance informed that the various significant webinars will be organised by various Ministries or Departments to build on the 'Saptrishi' priorities. During Union Budget Presentation, Finance Minister Nirmala Sitharaman outlined 'Saptrishi' priorities for the Financial Year 2023-24.
UP budget 2023: Uttar Pradesh's Finance Minister, Suresh Khanna, while presenting the state budget for 2023-24 made a major announcement of allocation of Rs 10,000 crore for the development of Noida's Film City. This investment is expected to provide job opportunities and boost the entertainment industry in the state.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 21, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 1.31% and was trading at $24,513.3. Meanwhile, Ethereum was trading at approximately $1,713.07.
NBFC Advik Capital Limited is in an advanced stage of financing the National Highway Authority of India (NHAI) backed Gohana Sonepat highway project along with other banks.
Macfos Limited's initial public offering (IPO) was oversubscribed on the final day on Tuesday, February 21. The IPO's price band was fixed at Rs 96-Rs 102 per share bearing a face value of Rs 10 each.
A sealed first-generation iPhone has been sold for a staggering  $63,356.40 at an auction, almost 16 years after its initial release. The device, owned by tattoo artist Karen Green, was expected to fetch around $50,000 but ended up selling for almost 16 times the original pricing of $599 after 27 bids. The phone's 8GB storage and factory-sealed status make it highly desirable for collectors and investors. The first-generation iPhone, or iPhone 2G, came with either 4GB, 8GB, or 16GB of storage.  
Israeli Ambassador to India Naor Gilon on Wednesday said that ports are the core business of Adani Group and he sees that they are working very well. The envoy mentioned Adani Group is looking for more projects in Israel and he hopes that they succeed in it.
Sensex on Wednesday witnessed a three-week low as it plunged by 927 points to settle at 59744.98 while Nifty settled at a four month low below 176,00. The figures are a reflection of weak global trends.
Union Budget 2023: The Ministry of Finance on Wednesday announced that PM Modi will address 12 crucial post-budget webinars to take cognizance of 'Saptrishi' priorities. As per the announcement of the Finance Ministry, the webinars will be held between February 23, 2023, to March 11, 2023. In a recent official notice, the Ministry of Finance informed that the various significant webinars will be organised by various Ministries or Departments to build on the 'Saptrishi' priorities. During Union Budget Presentation, Finance Minister Nirmala Sitharaman outlined 'Saptrishi' priorities for the Financial Year 2023-24.
UP budget 2023: Uttar Pradesh's Finance Minister, Suresh Khanna, while presenting the state budget for 2023-24 made a major announcement of allocation of Rs 10,000 crore for the development of Noida's Film City. This investment is expected to provide job opportunities and boost the entertainment industry in the state.
The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.
Servotech Power Systems has announced that it has signed an agreement with Dubai-based A1 Ansari Motors to provide electric vehicle charging solutions in the Middle Eastern and African markets. According to a regulator filing by the New Delhi-based company, the partnership will offer a firm path for future developments with cutting-edge technology and faster charging speeds.
As of February 21, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 1.31% and was trading at $24,513.3. Meanwhile, Ethereum was trading at approximately $1,713.07.
NBFC Advik Capital Limited is in an advanced stage of financing the National Highway Authority of India (NHAI) backed Gohana Sonepat highway project along with other banks.
Macfos Limited's initial public offering (IPO) was oversubscribed on the final day on Tuesday, February 21. The IPO's price band was fixed at Rs 96-Rs 102 per share bearing a face value of Rs 10 each.
A sealed first-generation iPhone has been sold for a staggering  $63,356.40 at an auction, almost 16 years after its initial release. The device, owned by tattoo artist Karen Green, was expected to fetch around $50,000 but ended up selling for almost 16 times the original pricing of $599 after 27 bids. The phone's 8GB storage and factory-sealed status make it highly desirable for collectors and investors. The first-generation iPhone, or iPhone 2G, came with either 4GB, 8GB, or 16GB of storage.  
Israeli Ambassador to India Naor Gilon on Wednesday said that ports are the core business of Adani Group and he sees that they are working very well. The envoy mentioned Adani Group is looking for more projects in Israel and he hopes that they succeed in it.
Sensex on Wednesday witnessed a three-week low as it plunged by 927 points to settle at 59744.98 while Nifty settled at a four month low below 176,00. The figures are a reflection of weak global trends.
Union Budget 2023: The Ministry of Finance on Wednesday announced that PM Modi will address 12 crucial post-budget webinars to take cognizance of 'Saptrishi' priorities. As per the announcement of the Finance Ministry, the webinars will be held between February 23, 2023, to March 11, 2023. In a recent official notice, the Ministry of Finance informed that the various significant webinars will be organised by various Ministries or Departments to build on the 'Saptrishi' priorities. During Union Budget Presentation, Finance Minister Nirmala Sitharaman outlined 'Saptrishi' priorities for the Financial Year 2023-24.
UP budget 2023: Uttar Pradesh's Finance Minister, Suresh Khanna, while presenting the state budget for 2023-24 made a major announcement of allocation of Rs 10,000 crore for the development of Noida's Film City. This investment is expected to provide job opportunities and boost the entertainment industry in the state.
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