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IndiaTV Business: Google News Feed: Digest for October 18, 2023

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The chemical and petrochemical industry can play a significant role in the country's economic growth. As the government works on transforming India into a global manufacturing hub, it recently announced the launch of a web portal that will provide statistical data related to the chemical sector.
Buying the first house is an еxciting milеstonе for the middle class. Bеing a first-timе homеbuyеr also prеsеnts a uniquе opportunity to savе on taxеs whilе sеcuring the drеam homе. First-timе homеbuyеrs have access to various tax-saving avеnuеs. So it is еssеntial to bе aware of thе tax-saving opportunitiеs availablе to nеw homеownеrs.
The Central government has issued a final warning to stakeholders in the sugar trade. They have been instructed to disclose their sugar stocks on the website of the Ministry of Food by October 17. The government has stated that strict action will be taken against those who do not comply. The Food Ministry issued an order on September 23, instructing all sugar stakeholders to report their stock status on a weekly basis on its website. Sugar stakeholders include wholesalers, retailers, large retailers, and processors.
The steel industry was impacted by the volatility in the global environment, which affected the demand-supply balance and resulted in volatility in steel prices. However, the increased infrastructure development, urbanisation and supportive policy reforms have pushed the demand for steel. ICICI Securities in a report said that despite the global steel environment remaining nebulous, the Indian steelmakers are likely to fare well as domestic demand is likely to be supportive in the pre-election period and imports may stay relatively subdued.
The stock market kicked off the trading session on October 16 with a slightly bearish undertone, as global cues presented a mixed picture. Both the benchmark indices, Sensex and Nifty, witnessed a modest dip in the early hours of the session. As the morning session progressed, the BSE Sensex recorded a decline of 126.79 points, or 0.19 percent, bringing it to a level of 66,155.95. On the other hand, the NSE Nifty registered a dip of 26.90 points, amounting to a decrease of 0.14 percent, with the index standing at 19,724.10.
Falling for the third-day running, benchmark equity indices ended lower on Monday amid weak trends in global markets and a spike in Brent crude oil prices due to geopolitical tension in the Middle East. The 30-share BSE Sensex declined 115. 81 points to settle at 66,166. 93. During the day, it fell 243.36 points to 66,039.38. The Nifty slipped 19.30 points to 19,731.75. 
The latest Ipsos "What Worries the World Global Survey" highlighted India's strong outlook and resilient optimism while comparing it to global trends. The September survey wave revealed that the Global South is driving positivity, with Asian markets leading the way. Ipsos India was placed 3rd in the pecking order, after Singapore (82%) and Indonesia (80%). The other optimistic Asian markets being Thailand (66%) and Malaysia (65%).
Ministry of Science recognised specialty chemicals major Vikas Ecotech has approved the evaluation of a consolidation proposal with Delhi-based Vrindaa Advanced Material as it looks to expand its offerings. Notably, its in-house research and development (R&D) unit is recognised by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.
The stock market is a place where investors buy and sell shares of listed companies. Several companies announce rewards for their shareholders, helping them to maximise their returns. Dividend distribution, bonus shares, and share repurchase are among many other corporate actions that benefit shareholders. IFF Enterprises, an SME stock with multibagger returns, has informed BSE that its board will meet on November 1 to consider a share buyback proposal, distribution of dividends, and bonus share issuance.
In a positive start to the trading session, Indian markets opened with strength, as Nifty surged beyond the 19,800 mark and Sensex marked a gain of 300 points. Several stocks saw notable increases, including ICICI Securities and CEAT, both of which witnessed impressive 7% gains.
The chemical and petrochemical industry can play a significant role in the country's economic growth. As the government works on transforming India into a global manufacturing hub, it recently announced the launch of a web portal that will provide statistical data related to the chemical sector.
Buying the first house is an еxciting milеstonе for the middle class. Bеing a first-timе homеbuyеr also prеsеnts a uniquе opportunity to savе on taxеs whilе sеcuring the drеam homе. First-timе homеbuyеrs have access to various tax-saving avеnuеs. So it is еssеntial to bе aware of thе tax-saving opportunitiеs availablе to nеw homеownеrs.
The Central government has issued a final warning to stakeholders in the sugar trade. They have been instructed to disclose their sugar stocks on the website of the Ministry of Food by October 17. The government has stated that strict action will be taken against those who do not comply. The Food Ministry issued an order on September 23, instructing all sugar stakeholders to report their stock status on a weekly basis on its website. Sugar stakeholders include wholesalers, retailers, large retailers, and processors.
The steel industry was impacted by the volatility in the global environment, which affected the demand-supply balance and resulted in volatility in steel prices. However, the increased infrastructure development, urbanisation and supportive policy reforms have pushed the demand for steel. ICICI Securities in a report said that despite the global steel environment remaining nebulous, the Indian steelmakers are likely to fare well as domestic demand is likely to be supportive in the pre-election period and imports may stay relatively subdued.
The stock market kicked off the trading session on October 16 with a slightly bearish undertone, as global cues presented a mixed picture. Both the benchmark indices, Sensex and Nifty, witnessed a modest dip in the early hours of the session. As the morning session progressed, the BSE Sensex recorded a decline of 126.79 points, or 0.19 percent, bringing it to a level of 66,155.95. On the other hand, the NSE Nifty registered a dip of 26.90 points, amounting to a decrease of 0.14 percent, with the index standing at 19,724.10.
Falling for the third-day running, benchmark equity indices ended lower on Monday amid weak trends in global markets and a spike in Brent crude oil prices due to geopolitical tension in the Middle East. The 30-share BSE Sensex declined 115. 81 points to settle at 66,166. 93. During the day, it fell 243.36 points to 66,039.38. The Nifty slipped 19.30 points to 19,731.75. 
The latest Ipsos "What Worries the World Global Survey" highlighted India's strong outlook and resilient optimism while comparing it to global trends. The September survey wave revealed that the Global South is driving positivity, with Asian markets leading the way. Ipsos India was placed 3rd in the pecking order, after Singapore (82%) and Indonesia (80%). The other optimistic Asian markets being Thailand (66%) and Malaysia (65%).
Ministry of Science recognised specialty chemicals major Vikas Ecotech has approved the evaluation of a consolidation proposal with Delhi-based Vrindaa Advanced Material as it looks to expand its offerings. Notably, its in-house research and development (R&D) unit is recognised by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.
The stock market is a place where investors buy and sell shares of listed companies. Several companies announce rewards for their shareholders, helping them to maximise their returns. Dividend distribution, bonus shares, and share repurchase are among many other corporate actions that benefit shareholders. IFF Enterprises, an SME stock with multibagger returns, has informed BSE that its board will meet on November 1 to consider a share buyback proposal, distribution of dividends, and bonus share issuance.
In a positive start to the trading session, Indian markets opened with strength, as Nifty surged beyond the 19,800 mark and Sensex marked a gain of 300 points. Several stocks saw notable increases, including ICICI Securities and CEAT, both of which witnessed impressive 7% gains.
The chemical and petrochemical industry can play a significant role in the country's economic growth. As the government works on transforming India into a global manufacturing hub, it recently announced the launch of a web portal that will provide statistical data related to the chemical sector.
Buying the first house is an еxciting milеstonе for the middle class. Bеing a first-timе homеbuyеr also prеsеnts a uniquе opportunity to savе on taxеs whilе sеcuring the drеam homе. First-timе homеbuyеrs have access to various tax-saving avеnuеs. So it is еssеntial to bе aware of thе tax-saving opportunitiеs availablе to nеw homеownеrs.
The Central government has issued a final warning to stakeholders in the sugar trade. They have been instructed to disclose their sugar stocks on the website of the Ministry of Food by October 17. The government has stated that strict action will be taken against those who do not comply. The Food Ministry issued an order on September 23, instructing all sugar stakeholders to report their stock status on a weekly basis on its website. Sugar stakeholders include wholesalers, retailers, large retailers, and processors.
The steel industry was impacted by the volatility in the global environment, which affected the demand-supply balance and resulted in volatility in steel prices. However, the increased infrastructure development, urbanisation and supportive policy reforms have pushed the demand for steel. ICICI Securities in a report said that despite the global steel environment remaining nebulous, the Indian steelmakers are likely to fare well as domestic demand is likely to be supportive in the pre-election period and imports may stay relatively subdued.
The stock market kicked off the trading session on October 16 with a slightly bearish undertone, as global cues presented a mixed picture. Both the benchmark indices, Sensex and Nifty, witnessed a modest dip in the early hours of the session. As the morning session progressed, the BSE Sensex recorded a decline of 126.79 points, or 0.19 percent, bringing it to a level of 66,155.95. On the other hand, the NSE Nifty registered a dip of 26.90 points, amounting to a decrease of 0.14 percent, with the index standing at 19,724.10.
Falling for the third-day running, benchmark equity indices ended lower on Monday amid weak trends in global markets and a spike in Brent crude oil prices due to geopolitical tension in the Middle East. The 30-share BSE Sensex declined 115. 81 points to settle at 66,166. 93. During the day, it fell 243.36 points to 66,039.38. The Nifty slipped 19.30 points to 19,731.75. 
The latest Ipsos "What Worries the World Global Survey" highlighted India's strong outlook and resilient optimism while comparing it to global trends. The September survey wave revealed that the Global South is driving positivity, with Asian markets leading the way. Ipsos India was placed 3rd in the pecking order, after Singapore (82%) and Indonesia (80%). The other optimistic Asian markets being Thailand (66%) and Malaysia (65%).
Ministry of Science recognised specialty chemicals major Vikas Ecotech has approved the evaluation of a consolidation proposal with Delhi-based Vrindaa Advanced Material as it looks to expand its offerings. Notably, its in-house research and development (R&D) unit is recognised by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.
The stock market is a place where investors buy and sell shares of listed companies. Several companies announce rewards for their shareholders, helping them to maximise their returns. Dividend distribution, bonus shares, and share repurchase are among many other corporate actions that benefit shareholders. IFF Enterprises, an SME stock with multibagger returns, has informed BSE that its board will meet on November 1 to consider a share buyback proposal, distribution of dividends, and bonus share issuance.
In a positive start to the trading session, Indian markets opened with strength, as Nifty surged beyond the 19,800 mark and Sensex marked a gain of 300 points. Several stocks saw notable increases, including ICICI Securities and CEAT, both of which witnessed impressive 7% gains.
Buying the first house is an еxciting milеstonе for the middle class. Bеing a first-timе homеbuyеr also prеsеnts a uniquе opportunity to savе on taxеs whilе sеcuring the drеam homе. First-timе homеbuyеrs have access to various tax-saving avеnuеs. So it is еssеntial to bе aware of thе tax-saving opportunitiеs availablе to nеw homеownеrs.
The Central government has issued a final warning to stakeholders in the sugar trade. They have been instructed to disclose their sugar stocks on the website of the Ministry of Food by October 17. The government has stated that strict action will be taken against those who do not comply. The Food Ministry issued an order on September 23, instructing all sugar stakeholders to report their stock status on a weekly basis on its website. Sugar stakeholders include wholesalers, retailers, large retailers, and processors.
The steel industry was impacted by the volatility in the global environment, which affected the demand-supply balance and resulted in volatility in steel prices. However, the increased infrastructure development, urbanisation and supportive policy reforms have pushed the demand for steel. ICICI Securities in a report said that despite the global steel environment remaining nebulous, the Indian steelmakers are likely to fare well as domestic demand is likely to be supportive in the pre-election period and imports may stay relatively subdued.
The stock market kicked off the trading session on October 16 with a slightly bearish undertone, as global cues presented a mixed picture. Both the benchmark indices, Sensex and Nifty, witnessed a modest dip in the early hours of the session. As the morning session progressed, the BSE Sensex recorded a decline of 126.79 points, or 0.19 percent, bringing it to a level of 66,155.95. On the other hand, the NSE Nifty registered a dip of 26.90 points, amounting to a decrease of 0.14 percent, with the index standing at 19,724.10.
Falling for the third-day running, benchmark equity indices ended lower on Monday amid weak trends in global markets and a spike in Brent crude oil prices due to geopolitical tension in the Middle East. The 30-share BSE Sensex declined 115. 81 points to settle at 66,166. 93. During the day, it fell 243.36 points to 66,039.38. The Nifty slipped 19.30 points to 19,731.75. 
The latest Ipsos "What Worries the World Global Survey" highlighted India's strong outlook and resilient optimism while comparing it to global trends. The September survey wave revealed that the Global South is driving positivity, with Asian markets leading the way. Ipsos India was placed 3rd in the pecking order, after Singapore (82%) and Indonesia (80%). The other optimistic Asian markets being Thailand (66%) and Malaysia (65%).
Ministry of Science recognised specialty chemicals major Vikas Ecotech has approved the evaluation of a consolidation proposal with Delhi-based Vrindaa Advanced Material as it looks to expand its offerings. Notably, its in-house research and development (R&D) unit is recognised by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.
The stock market is a place where investors buy and sell shares of listed companies. Several companies announce rewards for their shareholders, helping them to maximise their returns. Dividend distribution, bonus shares, and share repurchase are among many other corporate actions that benefit shareholders. IFF Enterprises, an SME stock with multibagger returns, has informed BSE that its board will meet on November 1 to consider a share buyback proposal, distribution of dividends, and bonus share issuance.
In a positive start to the trading session, Indian markets opened with strength, as Nifty surged beyond the 19,800 mark and Sensex marked a gain of 300 points. Several stocks saw notable increases, including ICICI Securities and CEAT, both of which witnessed impressive 7% gains.
As part of a corporate overhaul, Jet engine maker Rolls-Royce said Tuesday it's cutting up to 2,500 jobs globally. The aerospace company was severely hit by the COVID-19 pandemic that decimated demand for air travel.
Buying the first house is an еxciting milеstonе for the middle class. Bеing a first-timе homеbuyеr also prеsеnts a uniquе opportunity to savе on taxеs whilе sеcuring the drеam homе. First-timе homеbuyеrs have access to various tax-saving avеnuеs. So it is еssеntial to bе aware of thе tax-saving opportunitiеs availablе to nеw homеownеrs.
The Central government has issued a final warning to stakeholders in the sugar trade. They have been instructed to disclose their sugar stocks on the website of the Ministry of Food by October 17. The government has stated that strict action will be taken against those who do not comply. The Food Ministry issued an order on September 23, instructing all sugar stakeholders to report their stock status on a weekly basis on its website. Sugar stakeholders include wholesalers, retailers, large retailers, and processors.
The steel industry was impacted by the volatility in the global environment, which affected the demand-supply balance and resulted in volatility in steel prices. However, the increased infrastructure development, urbanisation and supportive policy reforms have pushed the demand for steel. ICICI Securities in a report said that despite the global steel environment remaining nebulous, the Indian steelmakers are likely to fare well as domestic demand is likely to be supportive in the pre-election period and imports may stay relatively subdued.
The stock market kicked off the trading session on October 16 with a slightly bearish undertone, as global cues presented a mixed picture. Both the benchmark indices, Sensex and Nifty, witnessed a modest dip in the early hours of the session. As the morning session progressed, the BSE Sensex recorded a decline of 126.79 points, or 0.19 percent, bringing it to a level of 66,155.95. On the other hand, the NSE Nifty registered a dip of 26.90 points, amounting to a decrease of 0.14 percent, with the index standing at 19,724.10.
Falling for the third-day running, benchmark equity indices ended lower on Monday amid weak trends in global markets and a spike in Brent crude oil prices due to geopolitical tension in the Middle East. The 30-share BSE Sensex declined 115. 81 points to settle at 66,166. 93. During the day, it fell 243.36 points to 66,039.38. The Nifty slipped 19.30 points to 19,731.75. 
The latest Ipsos "What Worries the World Global Survey" highlighted India's strong outlook and resilient optimism while comparing it to global trends. The September survey wave revealed that the Global South is driving positivity, with Asian markets leading the way. Ipsos India was placed 3rd in the pecking order, after Singapore (82%) and Indonesia (80%). The other optimistic Asian markets being Thailand (66%) and Malaysia (65%).
Ministry of Science recognised specialty chemicals major Vikas Ecotech has approved the evaluation of a consolidation proposal with Delhi-based Vrindaa Advanced Material as it looks to expand its offerings. Notably, its in-house research and development (R&D) unit is recognised by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.
The stock market is a place where investors buy and sell shares of listed companies. Several companies announce rewards for their shareholders, helping them to maximise their returns. Dividend distribution, bonus shares, and share repurchase are among many other corporate actions that benefit shareholders. IFF Enterprises, an SME stock with multibagger returns, has informed BSE that its board will meet on November 1 to consider a share buyback proposal, distribution of dividends, and bonus share issuance.
In a positive start to the trading session, Indian markets opened with strength, as Nifty surged beyond the 19,800 mark and Sensex marked a gain of 300 points. Several stocks saw notable increases, including ICICI Securities and CEAT, both of which witnessed impressive 7% gains.
As part of a corporate overhaul, Jet engine maker Rolls-Royce said Tuesday it's cutting up to 2,500 jobs globally. The aerospace company was severely hit by the COVID-19 pandemic that decimated demand for air travel.
Buying the first house is an еxciting milеstonе for the middle class. Bеing a first-timе homеbuyеr also prеsеnts a uniquе opportunity to savе on taxеs whilе sеcuring the drеam homе. First-timе homеbuyеrs have access to various tax-saving avеnuеs. So it is еssеntial to bе aware of thе tax-saving opportunitiеs availablе to nеw homеownеrs.
The Central government has issued a final warning to stakeholders in the sugar trade. They have been instructed to disclose their sugar stocks on the website of the Ministry of Food by October 17. The government has stated that strict action will be taken against those who do not comply. The Food Ministry issued an order on September 23, instructing all sugar stakeholders to report their stock status on a weekly basis on its website. Sugar stakeholders include wholesalers, retailers, large retailers, and processors.
The steel industry was impacted by the volatility in the global environment, which affected the demand-supply balance and resulted in volatility in steel prices. However, the increased infrastructure development, urbanisation and supportive policy reforms have pushed the demand for steel. ICICI Securities in a report said that despite the global steel environment remaining nebulous, the Indian steelmakers are likely to fare well as domestic demand is likely to be supportive in the pre-election period and imports may stay relatively subdued.
The stock market kicked off the trading session on October 16 with a slightly bearish undertone, as global cues presented a mixed picture. Both the benchmark indices, Sensex and Nifty, witnessed a modest dip in the early hours of the session. As the morning session progressed, the BSE Sensex recorded a decline of 126.79 points, or 0.19 percent, bringing it to a level of 66,155.95. On the other hand, the NSE Nifty registered a dip of 26.90 points, amounting to a decrease of 0.14 percent, with the index standing at 19,724.10.
Falling for the third-day running, benchmark equity indices ended lower on Monday amid weak trends in global markets and a spike in Brent crude oil prices due to geopolitical tension in the Middle East. The 30-share BSE Sensex declined 115. 81 points to settle at 66,166. 93. During the day, it fell 243.36 points to 66,039.38. The Nifty slipped 19.30 points to 19,731.75. 
The latest Ipsos "What Worries the World Global Survey" highlighted India's strong outlook and resilient optimism while comparing it to global trends. The September survey wave revealed that the Global South is driving positivity, with Asian markets leading the way. Ipsos India was placed 3rd in the pecking order, after Singapore (82%) and Indonesia (80%). The other optimistic Asian markets being Thailand (66%) and Malaysia (65%).
Ministry of Science recognised specialty chemicals major Vikas Ecotech has approved the evaluation of a consolidation proposal with Delhi-based Vrindaa Advanced Material as it looks to expand its offerings. Notably, its in-house research and development (R&D) unit is recognised by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.
The stock market is a place where investors buy and sell shares of listed companies. Several companies announce rewards for their shareholders, helping them to maximise their returns. Dividend distribution, bonus shares, and share repurchase are among many other corporate actions that benefit shareholders. IFF Enterprises, an SME stock with multibagger returns, has informed BSE that its board will meet on November 1 to consider a share buyback proposal, distribution of dividends, and bonus share issuance.
In a positive start to the trading session, Indian markets opened with strength, as Nifty surged beyond the 19,800 mark and Sensex marked a gain of 300 points. Several stocks saw notable increases, including ICICI Securities and CEAT, both of which witnessed impressive 7% gains.
As part of a corporate overhaul, Jet engine maker Rolls-Royce said Tuesday it's cutting up to 2,500 jobs globally. The aerospace company was severely hit by the COVID-19 pandemic that decimated demand for air travel.
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