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

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Equity benchmark Sensex climbed over 460 points to reclaim the 61,000 mark while the Nifty closed above the 18k level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. During the day, it surged 560.08 points or 0.92 per cent to 61,209.46.
New Delhi: Biotechnology major Biocon on Friday said the Bengaluru-based plant of Biocon Biologics has received EU GMP approval for a biosimilar product.
Mumbai: India's forex reserves dropped by USD 2.164 billion to USD  584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by USD 1.657 billion to USD 586.412 billion.   It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.

Siddhartha Mohanty appointed new LIC Chairman

Friday 28 April 2023 01:58 PM UTC+00
The government appointed Siddharth Mohanty was appointed as the new Chairman of the Life Insurance Corporation (LIC) on Friday. The insurer's former Managing Director B C Patnaik has been appointed as the Member (Life) of the Insurance Regulatory and Development Authority of India (Irdai).
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months.
Mumbai: Union Minister Sarbananda Sonowal on Saturday said that the PM Gati Shakti programme has helped the country to register a year-on-year incremental growth of Rs 2 lakh crore in goods export in the previous fiscal.
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked the Central Board of Indirect Taxes & Customs (CBIC) to increase the taxpayer base and introduce an automated GST return scrutiny system by next week.
New Delhi: Biotechnology major Biocon on Friday said the Bengaluru-based plant of Biocon Biologics has received EU GMP approval for a biosimilar product.
Mumbai: India's forex reserves dropped by USD 2.164 billion to USD  584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by USD 1.657 billion to USD 586.412 billion.   It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.

Siddhartha Mohanty appointed new LIC Chairman

Friday 28 April 2023 01:58 PM UTC+00
The government appointed Siddharth Mohanty was appointed as the new Chairman of the Life Insurance Corporation (LIC) on Friday. The insurer's former Managing Director B C Patnaik has been appointed as the Member (Life) of the Insurance Regulatory and Development Authority of India (Irdai).
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months.
Mumbai: Union Minister Sarbananda Sonowal on Saturday said that the PM Gati Shakti programme has helped the country to register a year-on-year incremental growth of Rs 2 lakh crore in goods export in the previous fiscal.
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked the Central Board of Indirect Taxes & Customs (CBIC) to increase the taxpayer base and introduce an automated GST return scrutiny system by next week.
Indian economy: The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said.

Siddhartha Mohanty appointed new LIC Chairman

Friday 28 April 2023 01:58 PM UTC+00
The government appointed Siddharth Mohanty was appointed as the new Chairman of the Life Insurance Corporation (LIC) on Friday. The insurer's former Managing Director B C Patnaik has been appointed as the Member (Life) of the Insurance Regulatory and Development Authority of India (Irdai).
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months.
Mumbai: Union Minister Sarbananda Sonowal on Saturday said that the PM Gati Shakti programme has helped the country to register a year-on-year incremental growth of Rs 2 lakh crore in goods export in the previous fiscal.
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked the Central Board of Indirect Taxes & Customs (CBIC) to increase the taxpayer base and introduce an automated GST return scrutiny system by next week.
Indian economy: The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said.
Business news: Property prices in Uttar Pradesh's Noida are going to get costlier in the days to come. During the board meeting of Noida Authority held on April 23, the allotment rates for residential plots, group housing and institutional plots have been increased by six to 10 per cent.
India this month has become Europe's largest supplier of refined fuels while simultaneously buying record Russian crude oil, as per the data from analytics firm Kpler. In addition to this, Europe's reliance on India for crude oil products has increased since the ban on Russian oil. Kpler's data asserted that Europe's refined fuel imports from India are set to surge above 360,000 barrels a day. 

Siddhartha Mohanty appointed new LIC Chairman

Friday 28 April 2023 01:58 PM UTC+00
The government appointed Siddharth Mohanty was appointed as the new Chairman of the Life Insurance Corporation (LIC) on Friday. The insurer's former Managing Director B C Patnaik has been appointed as the Member (Life) of the Insurance Regulatory and Development Authority of India (Irdai).
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months.
Mumbai: Union Minister Sarbananda Sonowal on Saturday said that the PM Gati Shakti programme has helped the country to register a year-on-year incremental growth of Rs 2 lakh crore in goods export in the previous fiscal.
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked the Central Board of Indirect Taxes & Customs (CBIC) to increase the taxpayer base and introduce an automated GST return scrutiny system by next week.
Indian economy: The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said.
Business news: Property prices in Uttar Pradesh's Noida are going to get costlier in the days to come. During the board meeting of Noida Authority held on April 23, the allotment rates for residential plots, group housing and institutional plots have been increased by six to 10 per cent.
India this month has become Europe's largest supplier of refined fuels while simultaneously buying record Russian crude oil, as per the data from analytics firm Kpler. In addition to this, Europe's reliance on India for crude oil products has increased since the ban on Russian oil. Kpler's data asserted that Europe's refined fuel imports from India are set to surge above 360,000 barrels a day. 
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months.
Mumbai: Union Minister Sarbananda Sonowal on Saturday said that the PM Gati Shakti programme has helped the country to register a year-on-year incremental growth of Rs 2 lakh crore in goods export in the previous fiscal.
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked the Central Board of Indirect Taxes & Customs (CBIC) to increase the taxpayer base and introduce an automated GST return scrutiny system by next week.
Indian economy: The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said.
Business news: Property prices in Uttar Pradesh's Noida are going to get costlier in the days to come. During the board meeting of Noida Authority held on April 23, the allotment rates for residential plots, group housing and institutional plots have been increased by six to 10 per cent.
India this month has become Europe's largest supplier of refined fuels while simultaneously buying record Russian crude oil, as per the data from analytics firm Kpler. In addition to this, Europe's reliance on India for crude oil products has increased since the ban on Russian oil. Kpler's data asserted that Europe's refined fuel imports from India are set to surge above 360,000 barrels a day. 
Capital markets regulator SEBI has not concluded any wrongdoing in its application to the country's top court, seeking six more months to complete a probe into allegations against Adani Group, the conglomerate run by billionaire Gautam Adani said.
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months.
Mumbai: Union Minister Sarbananda Sonowal on Saturday said that the PM Gati Shakti programme has helped the country to register a year-on-year incremental growth of Rs 2 lakh crore in goods export in the previous fiscal.
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked the Central Board of Indirect Taxes & Customs (CBIC) to increase the taxpayer base and introduce an automated GST return scrutiny system by next week.
Indian economy: The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said.
Business news: Property prices in Uttar Pradesh's Noida are going to get costlier in the days to come. During the board meeting of Noida Authority held on April 23, the allotment rates for residential plots, group housing and institutional plots have been increased by six to 10 per cent.
India this month has become Europe's largest supplier of refined fuels while simultaneously buying record Russian crude oil, as per the data from analytics firm Kpler. In addition to this, Europe's reliance on India for crude oil products has increased since the ban on Russian oil. Kpler's data asserted that Europe's refined fuel imports from India are set to surge above 360,000 barrels a day. 
Capital markets regulator SEBI has not concluded any wrongdoing in its application to the country's top court, seeking six more months to complete a probe into allegations against Adani Group, the conglomerate run by billionaire Gautam Adani said.
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
Meta founder and CEO Mark Zuckerberg's net worth surged by $10.2 billion after the company posted strong quarterly results, leading to its shares rising by nearly 14 per cent, as the company announced two rounds of layoffs impacting 21,000 employees in recent months.
Mumbai: Union Minister Sarbananda Sonowal on Saturday said that the PM Gati Shakti programme has helped the country to register a year-on-year incremental growth of Rs 2 lakh crore in goods export in the previous fiscal.
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked the Central Board of Indirect Taxes & Customs (CBIC) to increase the taxpayer base and introduce an automated GST return scrutiny system by next week.
Indian economy: The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said.
Business news: Property prices in Uttar Pradesh's Noida are going to get costlier in the days to come. During the board meeting of Noida Authority held on April 23, the allotment rates for residential plots, group housing and institutional plots have been increased by six to 10 per cent.
India this month has become Europe's largest supplier of refined fuels while simultaneously buying record Russian crude oil, as per the data from analytics firm Kpler. In addition to this, Europe's reliance on India for crude oil products has increased since the ban on Russian oil. Kpler's data asserted that Europe's refined fuel imports from India are set to surge above 360,000 barrels a day. 
Capital markets regulator SEBI has not concluded any wrongdoing in its application to the country's top court, seeking six more months to complete a probe into allegations against Adani Group, the conglomerate run by billionaire Gautam Adani said.
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