-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

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

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

Benchmark equity indices hit their lifetime high levels on Wednesday, with the Sensex reaching the record 64,000-mark and the Nifty scaling the 19,000 level in intra-day trade, propelled by fresh foreign fund inflows and a rally in the US and European markets. Buying in market heavyweight stocks like Reliance Industries and HDFC Bank added to the positive momentum.
Days after announcing Rs 330 crore capex plan, Punjab based metal giant has informed that the board is considering approving bonus share issuance. According to an exchange filing by the company, its board will meet on June 29 to take a final call.
Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a strong recuperation and is among the quickest developing enormous economies in spite of elevated vulnerabilities and considerable headwinds.
The Gujarat government on Wednesday signed a Memorandum of Understanding with computer storage chip maker Micron for setting up a USD 2.75 billion semiconductor assembly and test facility at Sanand in Ahmedabad district.
The Finance Ministry on Wednesday said that there will not be any change in the rate of Tax Collection at Source (TCS) for all purposes under LRS and for overseas travel tour packages, regardless of mode of payment for amounts up to Rs. 7 lakh per individual per annum. 
Eid-al-Adha 2023: Indian stock exchanges will remain shut today (June 29) on account of Bakri Eid (Eid-al-Adha), and normal trading will resume on Friday (June 30). In the yearly holiday list of stock exchanges, it was supposed to be on Wednesday (June 28) but was changed through circulars.
National Geographic magazine has laid off 19 of its editorial staff writers in the latest round of job cuts, reported the Washington Post. It further informed that the yellow-bordered publication will go off newsstands next year.
Import of cigarette lighters: The government on Thursday prohibited imports of cigarette lighters if the price per unit is less than Rs 20, with a view to discourage inbound shipments of the product.
Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million, since its launch in October 2021. According to the Ministry of Electronics & IT, this is the second consecutive month to register more than 10 million face authentication transactions.

Go First extends cancellation of flights till July 6

Thursday 29 June 2023 05:11 PM UTC+00
Cash-strapped Go First on Thursday announced extending the cancellation of its scheduled flights till July 6. The airline, which is undergoing insolvency resolution process, stopped flying from May 3 and since then, it has extended cancellation of flights multiple times.
Days after announcing Rs 330 crore capex plan, Punjab based metal giant has informed that the board is considering approving bonus share issuance. According to an exchange filing by the company, its board will meet on June 29 to take a final call.
Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a strong recuperation and is among the quickest developing enormous economies in spite of elevated vulnerabilities and considerable headwinds.
The Gujarat government on Wednesday signed a Memorandum of Understanding with computer storage chip maker Micron for setting up a USD 2.75 billion semiconductor assembly and test facility at Sanand in Ahmedabad district.
The Finance Ministry on Wednesday said that there will not be any change in the rate of Tax Collection at Source (TCS) for all purposes under LRS and for overseas travel tour packages, regardless of mode of payment for amounts up to Rs. 7 lakh per individual per annum. 
Eid-al-Adha 2023: Indian stock exchanges will remain shut today (June 29) on account of Bakri Eid (Eid-al-Adha), and normal trading will resume on Friday (June 30). In the yearly holiday list of stock exchanges, it was supposed to be on Wednesday (June 28) but was changed through circulars.
National Geographic magazine has laid off 19 of its editorial staff writers in the latest round of job cuts, reported the Washington Post. It further informed that the yellow-bordered publication will go off newsstands next year.
Import of cigarette lighters: The government on Thursday prohibited imports of cigarette lighters if the price per unit is less than Rs 20, with a view to discourage inbound shipments of the product.
Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million, since its launch in October 2021. According to the Ministry of Electronics & IT, this is the second consecutive month to register more than 10 million face authentication transactions.

Go First extends cancellation of flights till July 6

Thursday 29 June 2023 05:11 PM UTC+00
Cash-strapped Go First on Thursday announced extending the cancellation of its scheduled flights till July 6. The airline, which is undergoing insolvency resolution process, stopped flying from May 3 and since then, it has extended cancellation of flights multiple times.
UIDAI updates: The country's Aadhaar Card holders have made a great record in the month of May. May 2023 has seen a huge jump in Aadhaar number-based face authentication for service delivery. An official release informed that 1.06 crore such verifications took place in May, which is the highest-ever monthly figure. This is the second consecutive month when the number of face authentication has crossed one crore. "The number of face authentication transactions is on an upward trajectory and the monthly numbers clocked in May is an increase of 38 per cent, compared with such transactions reported in January 2023, indicative of its growing usage," the ministry said.
The Gujarat government on Wednesday signed a Memorandum of Understanding with computer storage chip maker Micron for setting up a USD 2.75 billion semiconductor assembly and test facility at Sanand in Ahmedabad district.
The Finance Ministry on Wednesday said that there will not be any change in the rate of Tax Collection at Source (TCS) for all purposes under LRS and for overseas travel tour packages, regardless of mode of payment for amounts up to Rs. 7 lakh per individual per annum. 
Eid-al-Adha 2023: Indian stock exchanges will remain shut today (June 29) on account of Bakri Eid (Eid-al-Adha), and normal trading will resume on Friday (June 30). In the yearly holiday list of stock exchanges, it was supposed to be on Wednesday (June 28) but was changed through circulars.
National Geographic magazine has laid off 19 of its editorial staff writers in the latest round of job cuts, reported the Washington Post. It further informed that the yellow-bordered publication will go off newsstands next year.
Import of cigarette lighters: The government on Thursday prohibited imports of cigarette lighters if the price per unit is less than Rs 20, with a view to discourage inbound shipments of the product.
Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million, since its launch in October 2021. According to the Ministry of Electronics & IT, this is the second consecutive month to register more than 10 million face authentication transactions.

Go First extends cancellation of flights till July 6

Thursday 29 June 2023 05:11 PM UTC+00
Cash-strapped Go First on Thursday announced extending the cancellation of its scheduled flights till July 6. The airline, which is undergoing insolvency resolution process, stopped flying from May 3 and since then, it has extended cancellation of flights multiple times.
UIDAI updates: The country's Aadhaar Card holders have made a great record in the month of May. May 2023 has seen a huge jump in Aadhaar number-based face authentication for service delivery. An official release informed that 1.06 crore such verifications took place in May, which is the highest-ever monthly figure. This is the second consecutive month when the number of face authentication has crossed one crore. "The number of face authentication transactions is on an upward trajectory and the monthly numbers clocked in May is an increase of 38 per cent, compared with such transactions reported in January 2023, indicative of its growing usage," the ministry said.
HDFC Bank-HDFC merger: The merger of the  HDFC Bank and the Housing Development Finance Corp will be completed on July 1, making HDFC Bank one of the world's most valuable banks. The deal struck between the two companies is estimated at about USD 40 billion.
The World Bank has approved USD 1.5 billion in financing to accelerate India's low-carbon energy infrastructure. In a release Friday (June 30), World Bank said the financing will help India promote low-carbon energy by scaling up renewable energy and developing green hydrogen, among others.
The Finance Ministry on Wednesday said that there will not be any change in the rate of Tax Collection at Source (TCS) for all purposes under LRS and for overseas travel tour packages, regardless of mode of payment for amounts up to Rs. 7 lakh per individual per annum. 
Eid-al-Adha 2023: Indian stock exchanges will remain shut today (June 29) on account of Bakri Eid (Eid-al-Adha), and normal trading will resume on Friday (June 30). In the yearly holiday list of stock exchanges, it was supposed to be on Wednesday (June 28) but was changed through circulars.
National Geographic magazine has laid off 19 of its editorial staff writers in the latest round of job cuts, reported the Washington Post. It further informed that the yellow-bordered publication will go off newsstands next year.
Import of cigarette lighters: The government on Thursday prohibited imports of cigarette lighters if the price per unit is less than Rs 20, with a view to discourage inbound shipments of the product.
Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million, since its launch in October 2021. According to the Ministry of Electronics & IT, this is the second consecutive month to register more than 10 million face authentication transactions.

Go First extends cancellation of flights till July 6

Thursday 29 June 2023 05:11 PM UTC+00
Cash-strapped Go First on Thursday announced extending the cancellation of its scheduled flights till July 6. The airline, which is undergoing insolvency resolution process, stopped flying from May 3 and since then, it has extended cancellation of flights multiple times.
UIDAI updates: The country's Aadhaar Card holders have made a great record in the month of May. May 2023 has seen a huge jump in Aadhaar number-based face authentication for service delivery. An official release informed that 1.06 crore such verifications took place in May, which is the highest-ever monthly figure. This is the second consecutive month when the number of face authentication has crossed one crore. "The number of face authentication transactions is on an upward trajectory and the monthly numbers clocked in May is an increase of 38 per cent, compared with such transactions reported in January 2023, indicative of its growing usage," the ministry said.
HDFC Bank-HDFC merger: The merger of the  HDFC Bank and the Housing Development Finance Corp will be completed on July 1, making HDFC Bank one of the world's most valuable banks. The deal struck between the two companies is estimated at about USD 40 billion.
The World Bank has approved USD 1.5 billion in financing to accelerate India's low-carbon energy infrastructure. In a release Friday (June 30), World Bank said the financing will help India promote low-carbon energy by scaling up renewable energy and developing green hydrogen, among others.
Sensex and Nifty scale fresh all-time highs:  Benchmark equity indices Nifty and Sensex hit all-time highs on Friday and settled at record closing highs, propelled by foreign fund inflows and a firm trend in the global markets. Today, the Sensex closed at 64,718 with a jump of 803 points and the Nifty closed at 19,189 with a gain of 216 points.
Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million, since its launch in October 2021. According to the Ministry of Electronics & IT, this is the second consecutive month to register more than 10 million face authentication transactions.

Go First extends cancellation of flights till July 6

Thursday 29 June 2023 05:11 PM UTC+00
Cash-strapped Go First on Thursday announced extending the cancellation of its scheduled flights till July 6. The airline, which is undergoing insolvency resolution process, stopped flying from May 3 and since then, it has extended cancellation of flights multiple times.
UIDAI updates: The country's Aadhaar Card holders have made a great record in the month of May. May 2023 has seen a huge jump in Aadhaar number-based face authentication for service delivery. An official release informed that 1.06 crore such verifications took place in May, which is the highest-ever monthly figure. This is the second consecutive month when the number of face authentication has crossed one crore. "The number of face authentication transactions is on an upward trajectory and the monthly numbers clocked in May is an increase of 38 per cent, compared with such transactions reported in January 2023, indicative of its growing usage," the ministry said.
HDFC Bank-HDFC merger: The merger of the  HDFC Bank and the Housing Development Finance Corp will be completed on July 1, making HDFC Bank one of the world's most valuable banks. The deal struck between the two companies is estimated at about USD 40 billion.
The World Bank has approved USD 1.5 billion in financing to accelerate India's low-carbon energy infrastructure. In a release Friday (June 30), World Bank said the financing will help India promote low-carbon energy by scaling up renewable energy and developing green hydrogen, among others.
Sensex and Nifty scale fresh all-time highs:  Benchmark equity indices Nifty and Sensex hit all-time highs on Friday and settled at record closing highs, propelled by foreign fund inflows and a firm trend in the global markets. Today, the Sensex closed at 64,718 with a jump of 803 points and the Nifty closed at 19,189 with a gain of 216 points.
The Directorate General of Civil Aviation (DGCA) has planned to conduct a special audit of the Go First facilities in Mumbai and Delhi after a preliminary review of the resumption plan submitted by the Resolution Professional (RP) for the airline on June 28, 2023.
Amid gains in overseas precious metal prices, Gold prices rose Rs 80 to Rs 59,030 per 10 grams in the national capital on Friday. According to HDFC Securities, the yellow metal had settled at Rs 58,950 per 10 grams in the previous trade. Silver, however, tumbled Rs 550 to Rs 70,700 per kilogramme.
Tomato prices: Amid the rising tomato prices in the country, the government on Friday said that prices of the commodity are likely to normalise within a fortnight. According to Consumer Affairs Ministry Secretary Rohit Kumar Singh, the prices will start decreasing once crops from Sirmaur and Solan (Himachal Pradesh) start arriving.
 The Central government on Friday raised interest rates on select saving schemes for the July-September quarter.
HDFC Bank-HDFC merger: The merger of the  HDFC Bank and the Housing Development Finance Corp will be completed on July 1, making HDFC Bank one of the world's most valuable banks. The deal struck between the two companies is estimated at about USD 40 billion.
The World Bank has approved USD 1.5 billion in financing to accelerate India's low-carbon energy infrastructure. In a release Friday (June 30), World Bank said the financing will help India promote low-carbon energy by scaling up renewable energy and developing green hydrogen, among others.
Sensex and Nifty scale fresh all-time highs:  Benchmark equity indices Nifty and Sensex hit all-time highs on Friday and settled at record closing highs, propelled by foreign fund inflows and a firm trend in the global markets. Today, the Sensex closed at 64,718 with a jump of 803 points and the Nifty closed at 19,189 with a gain of 216 points.
The Directorate General of Civil Aviation (DGCA) has planned to conduct a special audit of the Go First facilities in Mumbai and Delhi after a preliminary review of the resumption plan submitted by the Resolution Professional (RP) for the airline on June 28, 2023.
Amid gains in overseas precious metal prices, Gold prices rose Rs 80 to Rs 59,030 per 10 grams in the national capital on Friday. According to HDFC Securities, the yellow metal had settled at Rs 58,950 per 10 grams in the previous trade. Silver, however, tumbled Rs 550 to Rs 70,700 per kilogramme.
Tomato prices: Amid the rising tomato prices in the country, the government on Friday said that prices of the commodity are likely to normalise within a fortnight. According to Consumer Affairs Ministry Secretary Rohit Kumar Singh, the prices will start decreasing once crops from Sirmaur and Solan (Himachal Pradesh) start arriving.
 The Central government on Friday raised interest rates on select saving schemes for the July-September quarter.
British Airways, which has been operational in India for nearly a century, is keen on increasing the flights to New Delhi and Mumbai considering the growth in air travel demand in the country, as it sees a 'headroom for expansion' as well as a more balanced demand growth post the coronavirus pandemic.
The central government's fiscal deficit stood at Rs 2.1 lakh crore or 11.8 percent of the full-year budget estimates at May-end 2023, according to official data. The fiscal deficit was 12.3 percent of 2022-23 BE a year ago.
DGCA to airlines: Directorate General of Civil Aviation (DGCA) on Friday (June 30) asked the airlines to strictly adhere to the rules and also sensitise pilots including cabin crew to stop the unauthorised entry of people into the cockpit.
HDFC Bank-HDFC merger: The merger of the  HDFC Bank and the Housing Development Finance Corp will be completed on July 1, making HDFC Bank one of the world's most valuable banks. The deal struck between the two companies is estimated at about USD 40 billion.
The World Bank has approved USD 1.5 billion in financing to accelerate India's low-carbon energy infrastructure. In a release Friday (June 30), World Bank said the financing will help India promote low-carbon energy by scaling up renewable energy and developing green hydrogen, among others.
Sensex and Nifty scale fresh all-time highs:  Benchmark equity indices Nifty and Sensex hit all-time highs on Friday and settled at record closing highs, propelled by foreign fund inflows and a firm trend in the global markets. Today, the Sensex closed at 64,718 with a jump of 803 points and the Nifty closed at 19,189 with a gain of 216 points.
The Directorate General of Civil Aviation (DGCA) has planned to conduct a special audit of the Go First facilities in Mumbai and Delhi after a preliminary review of the resumption plan submitted by the Resolution Professional (RP) for the airline on June 28, 2023.
Amid gains in overseas precious metal prices, Gold prices rose Rs 80 to Rs 59,030 per 10 grams in the national capital on Friday. According to HDFC Securities, the yellow metal had settled at Rs 58,950 per 10 grams in the previous trade. Silver, however, tumbled Rs 550 to Rs 70,700 per kilogramme.
Tomato prices: Amid the rising tomato prices in the country, the government on Friday said that prices of the commodity are likely to normalise within a fortnight. According to Consumer Affairs Ministry Secretary Rohit Kumar Singh, the prices will start decreasing once crops from Sirmaur and Solan (Himachal Pradesh) start arriving.
 The Central government on Friday raised interest rates on select saving schemes for the July-September quarter.
British Airways, which has been operational in India for nearly a century, is keen on increasing the flights to New Delhi and Mumbai considering the growth in air travel demand in the country, as it sees a 'headroom for expansion' as well as a more balanced demand growth post the coronavirus pandemic.
The central government's fiscal deficit stood at Rs 2.1 lakh crore or 11.8 percent of the full-year budget estimates at May-end 2023, according to official data. The fiscal deficit was 12.3 percent of 2022-23 BE a year ago.
DGCA to airlines: Directorate General of Civil Aviation (DGCA) on Friday (June 30) asked the airlines to strictly adhere to the rules and also sensitise pilots including cabin crew to stop the unauthorised entry of people into the cockpit.
You received this email because you set up a subscription at Feedrabbit. This email was sent to you at epaperindia10@gmail.com. Unsubscribe or change your subscription.

Related Posts

There is no other posts in this category.
Subscribe Our Newsletter