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IndiaTV Business: Google News Feed: Digest for April 11, 2023

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The US Treasury Department has issued a warning about the risks posed by decentralized cryptocurrency markets, known as DeFi, to national security. The Treasury released a 42-page report titled, 'Illicit Finance Risk Assessment of Decentralized Finance' on Thursday. The report highlights that these platforms enable cryptocurrency investors to transact with each other without a central intermediary overseeing transactions, making it difficult for regulators to monitor DeFi transactions. 

Gold prices witness a drop, 24 carat gold below Rs 61,000

Friday 07 April 2023 07:36 AM UTC+00
Gold Price Today: On April 7 (Friday), gold prices witnessed a minor drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,980 while 22 carat gold (10 grams) is at Rs 55,900. Pure gold and standard gold both decreased by Rs 380 and Rs 350, respectively, in the last 24 hours.
International Monetary Fund (IMF) managing director Kristalina Georgiva has said that  India and China are predicted to contribute for half of global growth in 2023. Georgiva also stated that the global economy is anticipated to grow at less than 3% this year.
The International Monetary Fund (IMF), in its working paper, has said  that India's creation of a world-class digital public infrastructure serves as an example for other countries going through digital transformation.
National High-Speed Rail Corporation Limited (NHSRCL) on Friday said Afcons Infrastructure Limited quoted the lower amount among two technically qualified financial bids for the construction of a 21-kilometre tunnel, including 7 kilometres under the sea, as part of the Mumbai-Ahmedabad bullet train project.
CNG-PNG prices: Adani Total Gas Ltd (ATGL) has decided to slash the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) from today (April 8). As per a press release, the price of CNG has been reduced by up to Rs 8.13/kg and the price of PNG by up to Rs 5.06/scm.  
Gala Music, a subsidiary of Gala Games, best known for its Web3 gaming efforts, is set to release an unreleased version of David Bowie's hit song "Let's Dance" as a limited series of NFTs. The release will mark the 40th anniversary of the song's debut and will feature a "dreamy, electronic" version of the song that Bowie produced with Dvoskin in 2002.

Gold prices further slumps, 24-carat gold down by Rs 110

Saturday 08 April 2023 04:54 AM UTC+00
On April 8 (Saturday), gold prices witnessed a minor drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,870 while 22 carat gold (10 grams) is at Rs 55,800. Pure gold and standard gold both decreased by Rs 110 and Rs 100, respectively, in the last 24 hours.
Pakistan needs to repay USD 77.5 billion in external debt from April 2023 to June 2026 to China and Saudi Arabia, according to a renowned US think tank.
CNG price cut: The prices of Compressed Natural Gas (CNG) and cooking gas piped to household kitchens in the national capital today (April 8) were cut by up to Rs 6- the first reduction in two years- after the government changed the pricing formula of natural gas.
International Monetary Fund (IMF) managing director Kristalina Georgiva has said that  India and China are predicted to contribute for half of global growth in 2023. Georgiva also stated that the global economy is anticipated to grow at less than 3% this year.
The International Monetary Fund (IMF), in its working paper, has said  that India's creation of a world-class digital public infrastructure serves as an example for other countries going through digital transformation.
National High-Speed Rail Corporation Limited (NHSRCL) on Friday said Afcons Infrastructure Limited quoted the lower amount among two technically qualified financial bids for the construction of a 21-kilometre tunnel, including 7 kilometres under the sea, as part of the Mumbai-Ahmedabad bullet train project.
CNG-PNG prices: Adani Total Gas Ltd (ATGL) has decided to slash the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) from today (April 8). As per a press release, the price of CNG has been reduced by up to Rs 8.13/kg and the price of PNG by up to Rs 5.06/scm.  
Gala Music, a subsidiary of Gala Games, best known for its Web3 gaming efforts, is set to release an unreleased version of David Bowie's hit song "Let's Dance" as a limited series of NFTs. The release will mark the 40th anniversary of the song's debut and will feature a "dreamy, electronic" version of the song that Bowie produced with Dvoskin in 2002.

Gold prices further slumps, 24-carat gold down by Rs 110

Saturday 08 April 2023 04:54 AM UTC+00
On April 8 (Saturday), gold prices witnessed a minor drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,870 while 22 carat gold (10 grams) is at Rs 55,800. Pure gold and standard gold both decreased by Rs 110 and Rs 100, respectively, in the last 24 hours.
Pakistan needs to repay USD 77.5 billion in external debt from April 2023 to June 2026 to China and Saudi Arabia, according to a renowned US think tank.
CNG price cut: The prices of Compressed Natural Gas (CNG) and cooking gas piped to household kitchens in the national capital today (April 8) were cut by up to Rs 6- the first reduction in two years- after the government changed the pricing formula of natural gas.
On April 10 (Monday), gold prices witnessed a small drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,860 while 22 carat gold (10 grams) is at Rs 55,790. Pure gold and standard gold both decreased by Rs 10 in the last 24 hours.
A recent report filed with the US bankruptcy court in Delaware by the current leadership of the failed crypto exchange FTX has revealed control failures at the company. The report concludes that FTX and Alameda's management failures and lack of internal controls contributed significantly to the exchange's collapse.
National High-Speed Rail Corporation Limited (NHSRCL) on Friday said Afcons Infrastructure Limited quoted the lower amount among two technically qualified financial bids for the construction of a 21-kilometre tunnel, including 7 kilometres under the sea, as part of the Mumbai-Ahmedabad bullet train project.
CNG-PNG prices: Adani Total Gas Ltd (ATGL) has decided to slash the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) from today (April 8). As per a press release, the price of CNG has been reduced by up to Rs 8.13/kg and the price of PNG by up to Rs 5.06/scm.  
Gala Music, a subsidiary of Gala Games, best known for its Web3 gaming efforts, is set to release an unreleased version of David Bowie's hit song "Let's Dance" as a limited series of NFTs. The release will mark the 40th anniversary of the song's debut and will feature a "dreamy, electronic" version of the song that Bowie produced with Dvoskin in 2002.

Gold prices further slumps, 24-carat gold down by Rs 110

Saturday 08 April 2023 04:54 AM UTC+00
On April 8 (Saturday), gold prices witnessed a minor drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,870 while 22 carat gold (10 grams) is at Rs 55,800. Pure gold and standard gold both decreased by Rs 110 and Rs 100, respectively, in the last 24 hours.
Pakistan needs to repay USD 77.5 billion in external debt from April 2023 to June 2026 to China and Saudi Arabia, according to a renowned US think tank.
CNG price cut: The prices of Compressed Natural Gas (CNG) and cooking gas piped to household kitchens in the national capital today (April 8) were cut by up to Rs 6- the first reduction in two years- after the government changed the pricing formula of natural gas.
On April 10 (Monday), gold prices witnessed a small drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,860 while 22 carat gold (10 grams) is at Rs 55,790. Pure gold and standard gold both decreased by Rs 10 in the last 24 hours.
A recent report filed with the US bankruptcy court in Delaware by the current leadership of the failed crypto exchange FTX has revealed control failures at the company. The report concludes that FTX and Alameda's management failures and lack of internal controls contributed significantly to the exchange's collapse.
Apollo Micro Systems shares were are locked on the upper circuit of 5 per cent at Rs 301.25 after the board fixed the record date for the sub-division of equity shares. The aerospace and defence company in an exchange filing informed that its equity shares will split in the ratio of 10:1. It means that each equity shares with a face value of Rs 10 will be sub-divided into 10 shares. The new face value after split would be Re 1.
Tata Group will likely finish taking over Wistron's iPhone plant by the end of April, reports said. Once the takeover of the plant in Bengaluru is completed, it will give India its first production line for Apple products . The Tata Group, according to reports, has already begun making organisational adjustments at the site.
Pakistan needs to repay USD 77.5 billion in external debt from April 2023 to June 2026 to China and Saudi Arabia, according to a renowned US think tank.
CNG price cut: The prices of Compressed Natural Gas (CNG) and cooking gas piped to household kitchens in the national capital today (April 8) were cut by up to Rs 6- the first reduction in two years- after the government changed the pricing formula of natural gas.
On April 10 (Monday), gold prices witnessed a small drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,860 while 22 carat gold (10 grams) is at Rs 55,790. Pure gold and standard gold both decreased by Rs 10 in the last 24 hours.
A recent report filed with the US bankruptcy court in Delaware by the current leadership of the failed crypto exchange FTX has revealed control failures at the company. The report concludes that FTX and Alameda's management failures and lack of internal controls contributed significantly to the exchange's collapse.
Apollo Micro Systems shares were are locked on the upper circuit of 5 per cent at Rs 301.25 after the board fixed the record date for the sub-division of equity shares. The aerospace and defence company in an exchange filing informed that its equity shares will split in the ratio of 10:1. It means that each equity shares with a face value of Rs 10 will be sub-divided into 10 shares. The new face value after split would be Re 1.
Tata Group will likely finish taking over Wistron's iPhone plant by the end of April, reports said. Once the takeover of the plant in Bengaluru is completed, it will give India its first production line for Apple products . The Tata Group, according to reports, has already begun making organisational adjustments at the site.
7th Pay Commission, DA Hike: After a 4% increase in Dearness Allowance (DA) for central government employees in January 2023, the government may further raise the DA by an additional 4% in July of this year, media reports said. The DA and Dearness Relief (DR) are reviewed twice a year, in January and July. Additionally, it has been reported that the hike in DA is expected to be calculated using a revised formula.
Adani group stocks, which were on a continuous downward trend since January 25, have shown signs of recovery in the last two days, following the company's efforts to calm investors. Adani Transmission, Adani Total Gas, and Adani Green Energy were three Adani Group firms whose shares continued to rise on Monday and reached their respective high price bands. Adani Transmission saw a jump of 5 percent, reaching a day high of Rs 1,003.95, up from its previous close of Rs 956.15. However, the stock has lost 60.63 percent on a year-to-date (YTD) basis.
PM Kisan Samman Nidhi: The Pradhan Mantri Kisan Nidhi Yojna is a central government scheme that provides financial aid to the landholding farmer families all across India. Under the scheme every land-owning farmer is given an income support of Rs 6000 every year. Funds are transferred directly to the beneficiary's bank accounts in three equal instalments of Rs 2000 each.
Best Govt Saving Schemes: In India, the government has established several savings schemes to incentivize individuals to invest their money and cultivate a culture of saving. These schemes offer a range of benefits and aim to provide a secure and dependable investment option for individuals. By investing in these schemes, people can contribute to the country's economic growth by channeling their savings into productive investments.
CNG price cut: The prices of Compressed Natural Gas (CNG) and cooking gas piped to household kitchens in the national capital today (April 8) were cut by up to Rs 6- the first reduction in two years- after the government changed the pricing formula of natural gas.
On April 10 (Monday), gold prices witnessed a small drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,860 while 22 carat gold (10 grams) is at Rs 55,790. Pure gold and standard gold both decreased by Rs 10 in the last 24 hours.
A recent report filed with the US bankruptcy court in Delaware by the current leadership of the failed crypto exchange FTX has revealed control failures at the company. The report concludes that FTX and Alameda's management failures and lack of internal controls contributed significantly to the exchange's collapse.
Apollo Micro Systems shares were are locked on the upper circuit of 5 per cent at Rs 301.25 after the board fixed the record date for the sub-division of equity shares. The aerospace and defence company in an exchange filing informed that its equity shares will split in the ratio of 10:1. It means that each equity shares with a face value of Rs 10 will be sub-divided into 10 shares. The new face value after split would be Re 1.
Tata Group will likely finish taking over Wistron's iPhone plant by the end of April, reports said. Once the takeover of the plant in Bengaluru is completed, it will give India its first production line for Apple products . The Tata Group, according to reports, has already begun making organisational adjustments at the site.
7th Pay Commission, DA Hike: After a 4% increase in Dearness Allowance (DA) for central government employees in January 2023, the government may further raise the DA by an additional 4% in July of this year, media reports said. The DA and Dearness Relief (DR) are reviewed twice a year, in January and July. Additionally, it has been reported that the hike in DA is expected to be calculated using a revised formula.
Adani group stocks, which were on a continuous downward trend since January 25, have shown signs of recovery in the last two days, following the company's efforts to calm investors. Adani Transmission, Adani Total Gas, and Adani Green Energy were three Adani Group firms whose shares continued to rise on Monday and reached their respective high price bands. Adani Transmission saw a jump of 5 percent, reaching a day high of Rs 1,003.95, up from its previous close of Rs 956.15. However, the stock has lost 60.63 percent on a year-to-date (YTD) basis.
PM Kisan Samman Nidhi: The Pradhan Mantri Kisan Nidhi Yojna is a central government scheme that provides financial aid to the landholding farmer families all across India. Under the scheme every land-owning farmer is given an income support of Rs 6000 every year. Funds are transferred directly to the beneficiary's bank accounts in three equal instalments of Rs 2000 each.
Best Govt Saving Schemes: In India, the government has established several savings schemes to incentivize individuals to invest their money and cultivate a culture of saving. These schemes offer a range of benefits and aim to provide a secure and dependable investment option for individuals. By investing in these schemes, people can contribute to the country's economic growth by channeling their savings into productive investments.
Billionaire Gautam Adani's group on Monday listed out details of the USD 2.87 billion stake sales in group firms since 2019 and how USD 2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs 20,000 crore coming in to the conglomerate through 'shell companies'.
CNG price cut: The prices of Compressed Natural Gas (CNG) and cooking gas piped to household kitchens in the national capital today (April 8) were cut by up to Rs 6- the first reduction in two years- after the government changed the pricing formula of natural gas.
On April 10 (Monday), gold prices witnessed a small drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,860 while 22 carat gold (10 grams) is at Rs 55,790. Pure gold and standard gold both decreased by Rs 10 in the last 24 hours.
A recent report filed with the US bankruptcy court in Delaware by the current leadership of the failed crypto exchange FTX has revealed control failures at the company. The report concludes that FTX and Alameda's management failures and lack of internal controls contributed significantly to the exchange's collapse.
Apollo Micro Systems shares were are locked on the upper circuit of 5 per cent at Rs 301.25 after the board fixed the record date for the sub-division of equity shares. The aerospace and defence company in an exchange filing informed that its equity shares will split in the ratio of 10:1. It means that each equity shares with a face value of Rs 10 will be sub-divided into 10 shares. The new face value after split would be Re 1.
Tata Group will likely finish taking over Wistron's iPhone plant by the end of April, reports said. Once the takeover of the plant in Bengaluru is completed, it will give India its first production line for Apple products . The Tata Group, according to reports, has already begun making organisational adjustments at the site.
7th Pay Commission, DA Hike: After a 4% increase in Dearness Allowance (DA) for central government employees in January 2023, the government may further raise the DA by an additional 4% in July of this year, media reports said. The DA and Dearness Relief (DR) are reviewed twice a year, in January and July. Additionally, it has been reported that the hike in DA is expected to be calculated using a revised formula.
Adani group stocks, which were on a continuous downward trend since January 25, have shown signs of recovery in the last two days, following the company's efforts to calm investors. Adani Transmission, Adani Total Gas, and Adani Green Energy were three Adani Group firms whose shares continued to rise on Monday and reached their respective high price bands. Adani Transmission saw a jump of 5 percent, reaching a day high of Rs 1,003.95, up from its previous close of Rs 956.15. However, the stock has lost 60.63 percent on a year-to-date (YTD) basis.
PM Kisan Samman Nidhi: The Pradhan Mantri Kisan Nidhi Yojna is a central government scheme that provides financial aid to the landholding farmer families all across India. Under the scheme every land-owning farmer is given an income support of Rs 6000 every year. Funds are transferred directly to the beneficiary's bank accounts in three equal instalments of Rs 2000 each.
Best Govt Saving Schemes: In India, the government has established several savings schemes to incentivize individuals to invest their money and cultivate a culture of saving. These schemes offer a range of benefits and aim to provide a secure and dependable investment option for individuals. By investing in these schemes, people can contribute to the country's economic growth by channeling their savings into productive investments.
Billionaire Gautam Adani's group on Monday listed out details of the USD 2.87 billion stake sales in group firms since 2019 and how USD 2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs 20,000 crore coming in to the conglomerate through 'shell companies'.
CNG price cut: The prices of Compressed Natural Gas (CNG) and cooking gas piped to household kitchens in the national capital today (April 8) were cut by up to Rs 6- the first reduction in two years- after the government changed the pricing formula of natural gas.
On April 10 (Monday), gold prices witnessed a small drop. Currently, the 24 carat gold (10 grams) is priced at Rs 60,860 while 22 carat gold (10 grams) is at Rs 55,790. Pure gold and standard gold both decreased by Rs 10 in the last 24 hours.
A recent report filed with the US bankruptcy court in Delaware by the current leadership of the failed crypto exchange FTX has revealed control failures at the company. The report concludes that FTX and Alameda's management failures and lack of internal controls contributed significantly to the exchange's collapse.
Apollo Micro Systems shares were are locked on the upper circuit of 5 per cent at Rs 301.25 after the board fixed the record date for the sub-division of equity shares. The aerospace and defence company in an exchange filing informed that its equity shares will split in the ratio of 10:1. It means that each equity shares with a face value of Rs 10 will be sub-divided into 10 shares. The new face value after split would be Re 1.
Tata Group will likely finish taking over Wistron's iPhone plant by the end of April, reports said. Once the takeover of the plant in Bengaluru is completed, it will give India its first production line for Apple products . The Tata Group, according to reports, has already begun making organisational adjustments at the site.
7th Pay Commission, DA Hike: After a 4% increase in Dearness Allowance (DA) for central government employees in January 2023, the government may further raise the DA by an additional 4% in July of this year, media reports said. The DA and Dearness Relief (DR) are reviewed twice a year, in January and July. Additionally, it has been reported that the hike in DA is expected to be calculated using a revised formula.
Adani group stocks, which were on a continuous downward trend since January 25, have shown signs of recovery in the last two days, following the company's efforts to calm investors. Adani Transmission, Adani Total Gas, and Adani Green Energy were three Adani Group firms whose shares continued to rise on Monday and reached their respective high price bands. Adani Transmission saw a jump of 5 percent, reaching a day high of Rs 1,003.95, up from its previous close of Rs 956.15. However, the stock has lost 60.63 percent on a year-to-date (YTD) basis.
PM Kisan Samman Nidhi: The Pradhan Mantri Kisan Nidhi Yojna is a central government scheme that provides financial aid to the landholding farmer families all across India. Under the scheme every land-owning farmer is given an income support of Rs 6000 every year. Funds are transferred directly to the beneficiary's bank accounts in three equal instalments of Rs 2000 each.
Best Govt Saving Schemes: In India, the government has established several savings schemes to incentivize individuals to invest their money and cultivate a culture of saving. These schemes offer a range of benefits and aim to provide a secure and dependable investment option for individuals. By investing in these schemes, people can contribute to the country's economic growth by channeling their savings into productive investments.
Billionaire Gautam Adani's group on Monday listed out details of the USD 2.87 billion stake sales in group firms since 2019 and how USD 2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs 20,000 crore coming in to the conglomerate through 'shell companies'.
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