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IndiaTV Business: Google News Feed: Digest for April 01, 2023

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The IPO of MOS Utility will open for subscription on March 31. The subscription window will remain open till April 6. The company has fixed the price band of Rs 72 to 76 per share. The IPO comprises 65,74,400 equity shares of face value of Rs 10 each. While 57,74,400 equity shares are fresh issue, 8,00,000 equity shares are Offer For Sale by the promoters.
ITR filing deadline: The deadline for filing Income Tax Returns (ITR) for income earned in the financial year 2022-2023 is July 31, 2023, as per the usual schedule. As the ITR filing season approaches, it is essential for taxpayers to be aware of important details such as when to file their ITR and how to go about it. In this regard, here is all the necessary information to assist taxpayers in their ITR filing process.
UPI transaction charges: The National Payments Corporation of India (NPCI) has suggested the implementation of an interchange fee for Prepaid Payment Instruments (PPIs) on Unified Payments Interface (UPI) transactions exceeding Rs 2,000. The proposal recommends an interchange fee of up to 1.1 percent with the objective of boosting revenue for banks and payment service providers who have faced significant costs in facilitating UPI transactions. The NPCI has set a deadline for reviewing the interchange pricing, which is September 30, 2023.
Goldman Sachs, an investment banking company, has predicted that Artificial Intelligence (AI) could replace as many as 300 million (30 crore) full-time jobs, as various sectors see the adaption of AI in multiple industries in the future.
Chinese loan scam: In a major crackdown against Chinese loan apps, funds worth about Rs 106 crore kept in various payment gateway merchant IDs and bank accounts have been attached under the anti-money laundering law on Wednesday.
The Chief Technology Officer of U.S.-based graphic card company, Nvidia, has said that cryptocurrencies do contribute anything to society. In an interview with Nvidia's CTO, Micheal Kagan, he revealed that he never believed in the technology and chatbots like ChatGPT are more useful than cryptos. This marks the company's shift from centering on crypto mining during the pandemic to AI.

Gold price increases and inches towards Rs 60,000 on March 30

Thursday 30 March 2023 06:01 AM UTC+00
In India, after witnessing a small drop on 29 March, the gold prices have again minorly increased.
The Centre has asked IAS, IPS and IFS officers to intimate it in case the total transactions in stock, share or other investments exceed their six months' basic pay during a calendar year, according to a latest order by the personnel ministry. This intimation is in addition to similar information that needs to be shared by them under Rule 16 (4) of AIS or All India Services (Conduct) Rules, 1968. These rules are applicable to the members of three All India Services -- Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS).
RBI Monetary Policy Meeting: Various economists have suggested that the Reserve Bank of India's (RBI) monetary policy committee (MPC) may increase the repo rate by 25 basis points (bps) during the April meeting in order to combat rising inflation. The MPC is scheduled to convene between April 3-6.
Hyderabad-based construction company SVC and Lahari has launched a greenfield project, called Urban Blossom, in industrial town of Faridabad in Haryana as a part of its expansion spree. According to a media release by the company, the new project is located in Faridabad.
The IPO of MOS Utility will open for subscription on March 31. The subscription window will remain open till April 6. The company has fixed the price band of Rs 72 to 76 per share. The IPO comprises 65,74,400 equity shares of face value of Rs 10 each. While 57,74,400 equity shares are fresh issue, 8,00,000 equity shares are Offer For Sale by the promoters.
ITR filing deadline: The deadline for filing Income Tax Returns (ITR) for income earned in the financial year 2022-2023 is July 31, 2023, as per the usual schedule. As the ITR filing season approaches, it is essential for taxpayers to be aware of important details such as when to file their ITR and how to go about it. In this regard, here is all the necessary information to assist taxpayers in their ITR filing process.
UPI transaction charges: The National Payments Corporation of India (NPCI) has suggested the implementation of an interchange fee for Prepaid Payment Instruments (PPIs) on Unified Payments Interface (UPI) transactions exceeding Rs 2,000. The proposal recommends an interchange fee of up to 1.1 percent with the objective of boosting revenue for banks and payment service providers who have faced significant costs in facilitating UPI transactions. The NPCI has set a deadline for reviewing the interchange pricing, which is September 30, 2023.
Goldman Sachs, an investment banking company, has predicted that Artificial Intelligence (AI) could replace as many as 300 million (30 crore) full-time jobs, as various sectors see the adaption of AI in multiple industries in the future.
Chinese loan scam: In a major crackdown against Chinese loan apps, funds worth about Rs 106 crore kept in various payment gateway merchant IDs and bank accounts have been attached under the anti-money laundering law on Wednesday.
The Chief Technology Officer of U.S.-based graphic card company, Nvidia, has said that cryptocurrencies do contribute anything to society. In an interview with Nvidia's CTO, Micheal Kagan, he revealed that he never believed in the technology and chatbots like ChatGPT are more useful than cryptos. This marks the company's shift from centering on crypto mining during the pandemic to AI.

Gold price increases and inches towards Rs 60,000 on March 30

Thursday 30 March 2023 06:01 AM UTC+00
In India, after witnessing a small drop on 29 March, the gold prices have again minorly increased.
The Centre has asked IAS, IPS and IFS officers to intimate it in case the total transactions in stock, share or other investments exceed their six months' basic pay during a calendar year, according to a latest order by the personnel ministry. This intimation is in addition to similar information that needs to be shared by them under Rule 16 (4) of AIS or All India Services (Conduct) Rules, 1968. These rules are applicable to the members of three All India Services -- Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS).
RBI Monetary Policy Meeting: Various economists have suggested that the Reserve Bank of India's (RBI) monetary policy committee (MPC) may increase the repo rate by 25 basis points (bps) during the April meeting in order to combat rising inflation. The MPC is scheduled to convene between April 3-6.
Hyderabad-based construction company SVC and Lahari has launched a greenfield project, called Urban Blossom, in industrial town of Faridabad in Haryana as a part of its expansion spree. According to a media release by the company, the new project is located in Faridabad.
Goldman Sachs, an investment banking company, has predicted that Artificial Intelligence (AI) could replace as many as 300 million (30 crore) full-time jobs, as various sectors see the adaption of AI in multiple industries in the future.
Chinese loan scam: In a major crackdown against Chinese loan apps, funds worth about Rs 106 crore kept in various payment gateway merchant IDs and bank accounts have been attached under the anti-money laundering law on Wednesday.
The Chief Technology Officer of U.S.-based graphic card company, Nvidia, has said that cryptocurrencies do contribute anything to society. In an interview with Nvidia's CTO, Micheal Kagan, he revealed that he never believed in the technology and chatbots like ChatGPT are more useful than cryptos. This marks the company's shift from centering on crypto mining during the pandemic to AI.

Gold price increases and inches towards Rs 60,000 on March 30

Thursday 30 March 2023 06:01 AM UTC+00
In India, after witnessing a small drop on 29 March, the gold prices have again minorly increased.
The Centre has asked IAS, IPS and IFS officers to intimate it in case the total transactions in stock, share or other investments exceed their six months' basic pay during a calendar year, according to a latest order by the personnel ministry. This intimation is in addition to similar information that needs to be shared by them under Rule 16 (4) of AIS or All India Services (Conduct) Rules, 1968. These rules are applicable to the members of three All India Services -- Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS).
RBI Monetary Policy Meeting: Various economists have suggested that the Reserve Bank of India's (RBI) monetary policy committee (MPC) may increase the repo rate by 25 basis points (bps) during the April meeting in order to combat rising inflation. The MPC is scheduled to convene between April 3-6.
Hyderabad-based construction company SVC and Lahari has launched a greenfield project, called Urban Blossom, in industrial town of Faridabad in Haryana as a part of its expansion spree. According to a media release by the company, the new project is located in Faridabad.

Gold prices remains same in the last 24 hours

Friday 31 March 2023 05:19 AM UTC+00
After several days of movement in gold prices and reaching closer to Rs 60,000, there has been no variation in the price of gold in the last twenty four hours. On 31 March (Friday), the pure gold is priced at Rs 59,670 and standard gold was being traded at Rs 54,350. On 30 March (Thursday), the prices were the same after witnessing a minor bump of Rs 220 in pure gold and Rs 200 in standard gold from 29 March (Wednesday).
Foreign Trade Policy 2023: The government on Friday came out with Foreign Trade Policy (FTP) 2023 which eyes USD 2 trillion in exports by 2030. The FTP is expected to boost India's exports to USD 2 trillion by shifting from incentives to remission and entitlement-based regimes.
Income Tax Rules Change April 1: As the new financial year begins on April 1, several significant changes are set to come into effect, affecting various sectors of the economy. From a new tax regime to increased costs of cars, the changes are expected to have an impact on the daily lives of Indian citizens.
Goldman Sachs, an investment banking company, has predicted that Artificial Intelligence (AI) could replace as many as 300 million (30 crore) full-time jobs, as various sectors see the adaption of AI in multiple industries in the future.
Chinese loan scam: In a major crackdown against Chinese loan apps, funds worth about Rs 106 crore kept in various payment gateway merchant IDs and bank accounts have been attached under the anti-money laundering law on Wednesday.
The Chief Technology Officer of U.S.-based graphic card company, Nvidia, has said that cryptocurrencies do contribute anything to society. In an interview with Nvidia's CTO, Micheal Kagan, he revealed that he never believed in the technology and chatbots like ChatGPT are more useful than cryptos. This marks the company's shift from centering on crypto mining during the pandemic to AI.

Gold price increases and inches towards Rs 60,000 on March 30

Thursday 30 March 2023 06:01 AM UTC+00
In India, after witnessing a small drop on 29 March, the gold prices have again minorly increased.
The Centre has asked IAS, IPS and IFS officers to intimate it in case the total transactions in stock, share or other investments exceed their six months' basic pay during a calendar year, according to a latest order by the personnel ministry. This intimation is in addition to similar information that needs to be shared by them under Rule 16 (4) of AIS or All India Services (Conduct) Rules, 1968. These rules are applicable to the members of three All India Services -- Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS).
RBI Monetary Policy Meeting: Various economists have suggested that the Reserve Bank of India's (RBI) monetary policy committee (MPC) may increase the repo rate by 25 basis points (bps) during the April meeting in order to combat rising inflation. The MPC is scheduled to convene between April 3-6.
Hyderabad-based construction company SVC and Lahari has launched a greenfield project, called Urban Blossom, in industrial town of Faridabad in Haryana as a part of its expansion spree. According to a media release by the company, the new project is located in Faridabad.

Gold prices remains same in the last 24 hours

Friday 31 March 2023 05:19 AM UTC+00
After several days of movement in gold prices and reaching closer to Rs 60,000, there has been no variation in the price of gold in the last twenty four hours. On 31 March (Friday), the pure gold is priced at Rs 59,670 and standard gold was being traded at Rs 54,350. On 30 March (Thursday), the prices were the same after witnessing a minor bump of Rs 220 in pure gold and Rs 200 in standard gold from 29 March (Wednesday).
Foreign Trade Policy 2023: The government on Friday came out with Foreign Trade Policy (FTP) 2023 which eyes USD 2 trillion in exports by 2030. The FTP is expected to boost India's exports to USD 2 trillion by shifting from incentives to remission and entitlement-based regimes.
Income Tax Rules Change April 1: As the new financial year begins on April 1, several significant changes are set to come into effect, affecting various sectors of the economy. From a new tax regime to increased costs of cars, the changes are expected to have an impact on the daily lives of Indian citizens.
Goldman Sachs, an investment banking company, has predicted that Artificial Intelligence (AI) could replace as many as 300 million (30 crore) full-time jobs, as various sectors see the adaption of AI in multiple industries in the future.
Chinese loan scam: In a major crackdown against Chinese loan apps, funds worth about Rs 106 crore kept in various payment gateway merchant IDs and bank accounts have been attached under the anti-money laundering law on Wednesday.
The Chief Technology Officer of U.S.-based graphic card company, Nvidia, has said that cryptocurrencies do contribute anything to society. In an interview with Nvidia's CTO, Micheal Kagan, he revealed that he never believed in the technology and chatbots like ChatGPT are more useful than cryptos. This marks the company's shift from centering on crypto mining during the pandemic to AI.

Gold price increases and inches towards Rs 60,000 on March 30

Thursday 30 March 2023 06:01 AM UTC+00
In India, after witnessing a small drop on 29 March, the gold prices have again minorly increased.
The Centre has asked IAS, IPS and IFS officers to intimate it in case the total transactions in stock, share or other investments exceed their six months' basic pay during a calendar year, according to a latest order by the personnel ministry. This intimation is in addition to similar information that needs to be shared by them under Rule 16 (4) of AIS or All India Services (Conduct) Rules, 1968. These rules are applicable to the members of three All India Services -- Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS).
RBI Monetary Policy Meeting: Various economists have suggested that the Reserve Bank of India's (RBI) monetary policy committee (MPC) may increase the repo rate by 25 basis points (bps) during the April meeting in order to combat rising inflation. The MPC is scheduled to convene between April 3-6.
Hyderabad-based construction company SVC and Lahari has launched a greenfield project, called Urban Blossom, in industrial town of Faridabad in Haryana as a part of its expansion spree. According to a media release by the company, the new project is located in Faridabad.

Gold prices remains same in the last 24 hours

Friday 31 March 2023 05:19 AM UTC+00
After several days of movement in gold prices and reaching closer to Rs 60,000, there has been no variation in the price of gold in the last twenty four hours. On 31 March (Friday), the pure gold is priced at Rs 59,670 and standard gold was being traded at Rs 54,350. On 30 March (Thursday), the prices were the same after witnessing a minor bump of Rs 220 in pure gold and Rs 200 in standard gold from 29 March (Wednesday).
Foreign Trade Policy 2023: The government on Friday came out with Foreign Trade Policy (FTP) 2023 which eyes USD 2 trillion in exports by 2030. The FTP is expected to boost India's exports to USD 2 trillion by shifting from incentives to remission and entitlement-based regimes.
Income Tax Rules Change April 1: As the new financial year begins on April 1, several significant changes are set to come into effect, affecting various sectors of the economy. From a new tax regime to increased costs of cars, the changes are expected to have an impact on the daily lives of Indian citizens.
Goldman Sachs, an investment banking company, has predicted that Artificial Intelligence (AI) could replace as many as 300 million (30 crore) full-time jobs, as various sectors see the adaption of AI in multiple industries in the future.
Chinese loan scam: In a major crackdown against Chinese loan apps, funds worth about Rs 106 crore kept in various payment gateway merchant IDs and bank accounts have been attached under the anti-money laundering law on Wednesday.
The Chief Technology Officer of U.S.-based graphic card company, Nvidia, has said that cryptocurrencies do contribute anything to society. In an interview with Nvidia's CTO, Micheal Kagan, he revealed that he never believed in the technology and chatbots like ChatGPT are more useful than cryptos. This marks the company's shift from centering on crypto mining during the pandemic to AI.

Gold price increases and inches towards Rs 60,000 on March 30

Thursday 30 March 2023 06:01 AM UTC+00
In India, after witnessing a small drop on 29 March, the gold prices have again minorly increased.
The Centre has asked IAS, IPS and IFS officers to intimate it in case the total transactions in stock, share or other investments exceed their six months' basic pay during a calendar year, according to a latest order by the personnel ministry. This intimation is in addition to similar information that needs to be shared by them under Rule 16 (4) of AIS or All India Services (Conduct) Rules, 1968. These rules are applicable to the members of three All India Services -- Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS).
RBI Monetary Policy Meeting: Various economists have suggested that the Reserve Bank of India's (RBI) monetary policy committee (MPC) may increase the repo rate by 25 basis points (bps) during the April meeting in order to combat rising inflation. The MPC is scheduled to convene between April 3-6.
Hyderabad-based construction company SVC and Lahari has launched a greenfield project, called Urban Blossom, in industrial town of Faridabad in Haryana as a part of its expansion spree. According to a media release by the company, the new project is located in Faridabad.

Gold prices remains same in the last 24 hours

Friday 31 March 2023 05:19 AM UTC+00
After several days of movement in gold prices and reaching closer to Rs 60,000, there has been no variation in the price of gold in the last twenty four hours. On 31 March (Friday), the pure gold is priced at Rs 59,670 and standard gold was being traded at Rs 54,350. On 30 March (Thursday), the prices were the same after witnessing a minor bump of Rs 220 in pure gold and Rs 200 in standard gold from 29 March (Wednesday).
Foreign Trade Policy 2023: The government on Friday came out with Foreign Trade Policy (FTP) 2023 which eyes USD 2 trillion in exports by 2030. The FTP is expected to boost India's exports to USD 2 trillion by shifting from incentives to remission and entitlement-based regimes.
Income Tax Rules Change April 1: As the new financial year begins on April 1, several significant changes are set to come into effect, affecting various sectors of the economy. From a new tax regime to increased costs of cars, the changes are expected to have an impact on the daily lives of Indian citizens.
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