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

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Telangana ranked first among all the major States in the country with the highest per capita income at current prices for the fiscal year 2022-23, according to the Ministry of Statistics and Programme Implementation (MoSPI). With a per capita income of Rs 3,08,732, Telangana topped the list followed by Karnataka with Rs 3,01,673 and Haryana with Rs 2,96,685.
Union Finance Minister Nirmala Sitharaman on Friday said Indian companies can now go in for direct listing on foreign exchanges and on the International Financial Services Centre (IFSC) bourse in Ahmedabad. "A direct listing of securities by domestic companies will now be permissible in foreign jurisdictions. I'm also pleased to announce that the government has taken a decision to enable the direct listing of listed and unlisted companies on the IFSC exchange. So, this is a major step forward. This will facilitate access to global capital and better valuation," Sitharmanan said.
Banks in some states will be closed on 29 July 2023 for Muharram. Bank customers who want to go to branches should plan their schedules accordingly. July 29 is the tenth day of Muharram (Islamic New Year), an important day for the Muslim community. Banks will be shut down in states like Tripura, Gujarat, Mizoram, Maharashtra, Karnataka, Madhya Pradesh, Tamil Nadu, Hyderabad, Rajasthan, Uttar Pradesh, Bangladesh, Lucknow, New Delhi, Bihar, Chhattisgarh and Jharkhand.
Age isn't a reason with regard to Income Tax Return (ITR) filing. Relatively few citizens know that youngsters/minors are additionally expected to pay taxes and file returns, assuming they are making some income. Minors with income are responsible for paying taxes. A minor can have two sorts of income: earned and unearned; in both circumstances, ITR should be recorded, observing specific guidelines applicable to earning minors.
Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund outflows and weak trends in the US markets. The 30-share BSE Sensex fell by 106.62 points or 0.16 percent to settle at 66,160.20. During the day, it declined by 388.17 points or 0.58 percent to a low of 65,878.65.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 
Telangana ranked first among all the major States in the country with the highest per capita income at current prices for the fiscal year 2022-23, according to the Ministry of Statistics and Programme Implementation (MoSPI). With a per capita income of Rs 3,08,732, Telangana topped the list followed by Karnataka with Rs 3,01,673 and Haryana with Rs 2,96,685.
Union Finance Minister Nirmala Sitharaman on Friday said Indian companies can now go in for direct listing on foreign exchanges and on the International Financial Services Centre (IFSC) bourse in Ahmedabad. "A direct listing of securities by domestic companies will now be permissible in foreign jurisdictions. I'm also pleased to announce that the government has taken a decision to enable the direct listing of listed and unlisted companies on the IFSC exchange. So, this is a major step forward. This will facilitate access to global capital and better valuation," Sitharmanan said.
Banks in some states will be closed on 29 July 2023 for Muharram. Bank customers who want to go to branches should plan their schedules accordingly. July 29 is the tenth day of Muharram (Islamic New Year), an important day for the Muslim community. Banks will be shut down in states like Tripura, Gujarat, Mizoram, Maharashtra, Karnataka, Madhya Pradesh, Tamil Nadu, Hyderabad, Rajasthan, Uttar Pradesh, Bangladesh, Lucknow, New Delhi, Bihar, Chhattisgarh and Jharkhand.
Age isn't a reason with regard to Income Tax Return (ITR) filing. Relatively few citizens know that youngsters/minors are additionally expected to pay taxes and file returns, assuming they are making some income. Minors with income are responsible for paying taxes. A minor can have two sorts of income: earned and unearned; in both circumstances, ITR should be recorded, observing specific guidelines applicable to earning minors.
Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund outflows and weak trends in the US markets. The 30-share BSE Sensex fell by 106.62 points or 0.16 percent to settle at 66,160.20. During the day, it declined by 388.17 points or 0.58 percent to a low of 65,878.65.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 
Telangana ranked first among all the major States in the country with the highest per capita income at current prices for the fiscal year 2022-23, according to the Ministry of Statistics and Programme Implementation (MoSPI). With a per capita income of Rs 3,08,732, Telangana topped the list followed by Karnataka with Rs 3,01,673 and Haryana with Rs 2,96,685.
Union Finance Minister Nirmala Sitharaman on Friday said Indian companies can now go in for direct listing on foreign exchanges and on the International Financial Services Centre (IFSC) bourse in Ahmedabad. "A direct listing of securities by domestic companies will now be permissible in foreign jurisdictions. I'm also pleased to announce that the government has taken a decision to enable the direct listing of listed and unlisted companies on the IFSC exchange. So, this is a major step forward. This will facilitate access to global capital and better valuation," Sitharmanan said.
Banks in some states will be closed on 29 July 2023 for Muharram. Bank customers who want to go to branches should plan their schedules accordingly. July 29 is the tenth day of Muharram (Islamic New Year), an important day for the Muslim community. Banks will be shut down in states like Tripura, Gujarat, Mizoram, Maharashtra, Karnataka, Madhya Pradesh, Tamil Nadu, Hyderabad, Rajasthan, Uttar Pradesh, Bangladesh, Lucknow, New Delhi, Bihar, Chhattisgarh and Jharkhand.
Age isn't a reason with regard to Income Tax Return (ITR) filing. Relatively few citizens know that youngsters/minors are additionally expected to pay taxes and file returns, assuming they are making some income. Minors with income are responsible for paying taxes. A minor can have two sorts of income: earned and unearned; in both circumstances, ITR should be recorded, observing specific guidelines applicable to earning minors.
Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund outflows and weak trends in the US markets. The 30-share BSE Sensex fell by 106.62 points or 0.16 percent to settle at 66,160.20. During the day, it declined by 388.17 points or 0.58 percent to a low of 65,878.65.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 
Age isn't a reason with regard to Income Tax Return (ITR) filing. Relatively few citizens know that youngsters/minors are additionally expected to pay taxes and file returns, assuming they are making some income. Minors with income are responsible for paying taxes. A minor can have two sorts of income: earned and unearned; in both circumstances, ITR should be recorded, observing specific guidelines applicable to earning minors.
Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund outflows and weak trends in the US markets. The 30-share BSE Sensex fell by 106.62 points or 0.16 percent to settle at 66,160.20. During the day, it declined by 388.17 points or 0.58 percent to a low of 65,878.65.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 

DGCA renews air operator certificate of Jet Airways

Monday 31 July 2023 07:15 AM UTC+00
The Jalan-Kalrock Consortium, the resolution applicant of Jet Airways, has obtained the renewal for the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA). Cash-strapped Jet Airways stopped flying from April 17, 2019.  The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.
The deadline for filing income tax returns for the financial year 2022-23 for salaried individuals and those who do not have to get their accounts audited ends today (July 31, Monday)
Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom (DoT) towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015.
Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund outflows and weak trends in the US markets. The 30-share BSE Sensex fell by 106.62 points or 0.16 percent to settle at 66,160.20. During the day, it declined by 388.17 points or 0.58 percent to a low of 65,878.65.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 

DGCA renews air operator certificate of Jet Airways

Monday 31 July 2023 07:15 AM UTC+00
The Jalan-Kalrock Consortium, the resolution applicant of Jet Airways, has obtained the renewal for the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA). Cash-strapped Jet Airways stopped flying from April 17, 2019.  The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.
The deadline for filing income tax returns for the financial year 2022-23 for salaried individuals and those who do not have to get their accounts audited ends today (July 31, Monday)
Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom (DoT) towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015.
In a major development, Taiwan's Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with the potential to generate 6,000 jobs.
Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund outflows and weak trends in the US markets. The 30-share BSE Sensex fell by 106.62 points or 0.16 percent to settle at 66,160.20. During the day, it declined by 388.17 points or 0.58 percent to a low of 65,878.65.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 

DGCA renews air operator certificate of Jet Airways

Monday 31 July 2023 07:15 AM UTC+00
The Jalan-Kalrock Consortium, the resolution applicant of Jet Airways, has obtained the renewal for the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA). Cash-strapped Jet Airways stopped flying from April 17, 2019.  The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.
The deadline for filing income tax returns for the financial year 2022-23 for salaried individuals and those who do not have to get their accounts audited ends today (July 31, Monday)
Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom (DoT) towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015.
In a major development, Taiwan's Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with the potential to generate 6,000 jobs.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 

DGCA renews air operator certificate of Jet Airways

Monday 31 July 2023 07:15 AM UTC+00
The Jalan-Kalrock Consortium, the resolution applicant of Jet Airways, has obtained the renewal for the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA). Cash-strapped Jet Airways stopped flying from April 17, 2019.  The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.
The deadline for filing income tax returns for the financial year 2022-23 for salaried individuals and those who do not have to get their accounts audited ends today (July 31, Monday)
Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom (DoT) towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015.
In a major development, Taiwan's Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with the potential to generate 6,000 jobs.
Output of eight key infrastructure sectors expanded at a five-month rate of 8.2 per cent in June on healthy performance by sectors such as natural gas and steel, according to the official data released on Monday.
Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country.
Go First news: Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 30. "Due to operational reasons, Go First flights until 30th July 2023 are cancelled. We apologise for the inconvenience caused," it wrote on Twitter today (July 27).
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asserted that the government led by Prime Minister Narendra Modi is determined on making India a developed nation by 2047. She further said that for this the government is focusing on four Is, they are - infrastructure, investment, innovation and inclusiveness.
Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at discounted rates last year, officials said.
Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. Out of which, nearly 27 lakh ITRs were filed till Sunday evening. 

DGCA renews air operator certificate of Jet Airways

Monday 31 July 2023 07:15 AM UTC+00
The Jalan-Kalrock Consortium, the resolution applicant of Jet Airways, has obtained the renewal for the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA). Cash-strapped Jet Airways stopped flying from April 17, 2019.  The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.
The deadline for filing income tax returns for the financial year 2022-23 for salaried individuals and those who do not have to get their accounts audited ends today (July 31, Monday)
Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom (DoT) towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015.
In a major development, Taiwan's Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with the potential to generate 6,000 jobs.
Output of eight key infrastructure sectors expanded at a five-month rate of 8.2 per cent in June on healthy performance by sectors such as natural gas and steel, according to the official data released on Monday.
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