-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

IndiaTV Business: Google News Feed: Digest for September 25, 2023

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

Infrastructure is pivotal to economic growth. The government's focus on the country's infrastructural needs through various schemes and policies is key to achieving the 2047 vision of reclassifying from a developing economy to a developed economy. In the aftermath of the pandemic, the focus rests not only on physical infrastructure but on digital and social infrastructure as well.
Indian domestic equities experienced a downward trend for the third consecutive session on Thursday, influenced by the decision of the US Federal Reserve to maintain the policy rate at its current level. The central bank's decision, coupled with its commitment to a potential rate hike later this year, triggered a negative sentiment in the Indian stock market.
The agriculture sector, often referred to as the backbone of the economy, has been a focal point for the government's attention in recent times. Despite numerous challenges and obstacles, the government has undertaken a diverse range of initiatives aimed at fortifying the agriculture sector.
Sebi on Thursday decided to provide flexibility in the framework for large corporations to meet financing needs through the issuance of debt securities and also extended the timeline for investment advisers to comply with enhanced qualification and experience requirements. Also, the regulator will streamline the framework for credit of unclaimed amounts of investors in listed entities other than companies, REITS, and InvITs to the Investor Protection and Education Fund (IPEF) along with the process of refund from the IPEF.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
Infrastructure is pivotal to economic growth. The government's focus on the country's infrastructural needs through various schemes and policies is key to achieving the 2047 vision of reclassifying from a developing economy to a developed economy. In the aftermath of the pandemic, the focus rests not only on physical infrastructure but on digital and social infrastructure as well.
Indian domestic equities experienced a downward trend for the third consecutive session on Thursday, influenced by the decision of the US Federal Reserve to maintain the policy rate at its current level. The central bank's decision, coupled with its commitment to a potential rate hike later this year, triggered a negative sentiment in the Indian stock market.
The agriculture sector, often referred to as the backbone of the economy, has been a focal point for the government's attention in recent times. Despite numerous challenges and obstacles, the government has undertaken a diverse range of initiatives aimed at fortifying the agriculture sector.
Sebi on Thursday decided to provide flexibility in the framework for large corporations to meet financing needs through the issuance of debt securities and also extended the timeline for investment advisers to comply with enhanced qualification and experience requirements. Also, the regulator will streamline the framework for credit of unclaimed amounts of investors in listed entities other than companies, REITS, and InvITs to the Investor Protection and Education Fund (IPEF) along with the process of refund from the IPEF.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
Infrastructure is pivotal to economic growth. The government's focus on the country's infrastructural needs through various schemes and policies is key to achieving the 2047 vision of reclassifying from a developing economy to a developed economy. In the aftermath of the pandemic, the focus rests not only on physical infrastructure but on digital and social infrastructure as well.
Indian domestic equities experienced a downward trend for the third consecutive session on Thursday, influenced by the decision of the US Federal Reserve to maintain the policy rate at its current level. The central bank's decision, coupled with its commitment to a potential rate hike later this year, triggered a negative sentiment in the Indian stock market.
The agriculture sector, often referred to as the backbone of the economy, has been a focal point for the government's attention in recent times. Despite numerous challenges and obstacles, the government has undertaken a diverse range of initiatives aimed at fortifying the agriculture sector.
Sebi on Thursday decided to provide flexibility in the framework for large corporations to meet financing needs through the issuance of debt securities and also extended the timeline for investment advisers to comply with enhanced qualification and experience requirements. Also, the regulator will streamline the framework for credit of unclaimed amounts of investors in listed entities other than companies, REITS, and InvITs to the Investor Protection and Education Fund (IPEF) along with the process of refund from the IPEF.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
The agriculture sector, often referred to as the backbone of the economy, has been a focal point for the government's attention in recent times. Despite numerous challenges and obstacles, the government has undertaken a diverse range of initiatives aimed at fortifying the agriculture sector.
Sebi on Thursday decided to provide flexibility in the framework for large corporations to meet financing needs through the issuance of debt securities and also extended the timeline for investment advisers to comply with enhanced qualification and experience requirements. Also, the regulator will streamline the framework for credit of unclaimed amounts of investors in listed entities other than companies, REITS, and InvITs to the Investor Protection and Education Fund (IPEF) along with the process of refund from the IPEF.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks.
The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent.
Sebi on Thursday decided to provide flexibility in the framework for large corporations to meet financing needs through the issuance of debt securities and also extended the timeline for investment advisers to comply with enhanced qualification and experience requirements. Also, the regulator will streamline the framework for credit of unclaimed amounts of investors in listed entities other than companies, REITS, and InvITs to the Investor Protection and Education Fund (IPEF) along with the process of refund from the IPEF.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks.
The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent.
iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion (about 3.32 lakh crore) in the next 4-5 years, according to government sources. According to the official, who did not wish to be named, the company has crossed the USD 7 billion production mark in the last financial year.
Sebi on Thursday decided to provide flexibility in the framework for large corporations to meet financing needs through the issuance of debt securities and also extended the timeline for investment advisers to comply with enhanced qualification and experience requirements. Also, the regulator will streamline the framework for credit of unclaimed amounts of investors in listed entities other than companies, REITS, and InvITs to the Investor Protection and Education Fund (IPEF) along with the process of refund from the IPEF.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks.
The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent.
iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion (about 3.32 lakh crore) in the next 4-5 years, according to government sources. According to the official, who did not wish to be named, the company has crossed the USD 7 billion production mark in the last financial year.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks.
The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent.
iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion (about 3.32 lakh crore) in the next 4-5 years, according to government sources. According to the official, who did not wish to be named, the company has crossed the USD 7 billion production mark in the last financial year.
The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting early next month, as retail inflation continues to remain high and the US Federal Reserve has decided to keep a hawkish stance for some more time, according to experts. The Reserve Bank had raised the benchmark repo rate to 6.5 per cent on February 8, 2023 and since then it has retained the rates at the same level in view of the stubbornly high retail inflation and certain global factors including elevated crude oil prices in the international market.
Equity benchmark indices Sensex and Nifty started Friday's opening trade on a quiet note after three days of the selling spree. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Friday as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, traders said.

Forex kitty drops USD 867 million to USD 593 billion

Friday 22 September 2023 01:17 PM UTC+00
India's foreign exchange reserves declined USD 867 million to USD 593.037 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped USD 4.99 billion to USD 593.90 billion. In October 2021, the country's reserves had touched an all-time high of USD 645 billion.
Bank Holidays in October 2023: Banks are going to be closed for several days in the month of October. As many festivals will fall during this period, if you are planning to get important bank work done, then before that you should definitely find out about the holidays falling in October month.
The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023.
Tata Projects has announced its partnership with Micron Technology to build a state-of-the-art semiconductor assembly and testing facility in Sanand, Gujarat. In a statement, the company said that the contract granted to Tata Projects solidifies the company's expertise in substantial, eco-friendly infrastructure development within the Indian manufacturing sector.
Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks.
The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent.
iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion (about 3.32 lakh crore) in the next 4-5 years, according to government sources. According to the official, who did not wish to be named, the company has crossed the USD 7 billion production mark in the last financial year.
The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting early next month, as retail inflation continues to remain high and the US Federal Reserve has decided to keep a hawkish stance for some more time, according to experts. The Reserve Bank had raised the benchmark repo rate to 6.5 per cent on February 8, 2023 and since then it has retained the rates at the same level in view of the stubbornly high retail inflation and certain global factors including elevated crude oil prices in the international market.
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