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IndiaTV Business: Google News Feed: Digest for December 02, 2023

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Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high. 
LPG price hike: Oil Marketing Companies (OMCs) have increased the prices of commercial LPG cylinders by Rs 21 per cylinder in various locations across the country. The hike will come into effect from today (December 1). The hike in the cost of commercial gas cylinders will particularly impact the restaurant and food business, potentially affecting the expenses of individuals dining out.
The Reserve Bank of India on Friday stated that 97.26 per cent of the Rs 2,000 banknotes has been returned to the baking system. It further said the Rs 2,000 notes, that were in circulation till May 19 this year, continue to be legal tender. 
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high. 
LPG price hike: Oil Marketing Companies (OMCs) have increased the prices of commercial LPG cylinders by Rs 21 per cylinder in various locations across the country. The hike will come into effect from today (December 1). The hike in the cost of commercial gas cylinders will particularly impact the restaurant and food business, potentially affecting the expenses of individuals dining out.
The Reserve Bank of India on Friday stated that 97.26 per cent of the Rs 2,000 banknotes have been returned to the baking system. It further said the Rs 2,000 notes, which were in circulation till May 19 this year, continue to be legal tender. 
Bank holidays in December: The Reserve Bank of India (RBI) has released the list of bank holidays in December. As per the RBI's holiday list, banks across the country will be closed for a total of 18 days this month. 
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high. 
LPG price hike: Oil Marketing Companies (OMCs) have increased the prices of commercial LPG cylinders by Rs 21 per cylinder in various locations across the country. The hike will come into effect from today (December 1). The hike in the cost of commercial gas cylinders will particularly impact the restaurant and food business, potentially affecting the expenses of individuals dining out.
The Reserve Bank of India on Friday stated that 97.26 per cent of the Rs 2,000 banknotes have been returned to the baking system. It further said the Rs 2,000 notes, which were in circulation till May 19 this year, continue to be legal tender. 
Bank holidays in December: The Reserve Bank of India (RBI) has released the list of bank holidays in December. As per the RBI's holiday list, banks across the country will be closed for a total of 18 days this month. 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high. 
LPG price hike: Oil Marketing Companies (OMCs) have increased the prices of commercial LPG cylinders by Rs 21 per cylinder in various locations across the country. The hike will come into effect from today (December 1). The hike in the cost of commercial gas cylinders will particularly impact the restaurant and food business, potentially affecting the expenses of individuals dining out.
The Reserve Bank of India on Friday stated that 97.26 per cent of the Rs 2,000 banknotes have been returned to the baking system. It further said the Rs 2,000 notes, which were in circulation till May 19 this year, continue to be legal tender. 
Bank holidays in December: The Reserve Bank of India (RBI) has released the list of bank holidays in December. As per the RBI's holiday list, banks across the country will be closed for a total of 18 days this month. 
Goods and Services Tax (GST) collections have jumped 15 per cent to over Rs 1.67 lakh crore in November, the Finance Ministry informed on Friday. GST mop-up was over Rs 1.45 lakh crore in November 2022.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high. 
LPG price hike: Oil Marketing Companies (OMCs) have increased the prices of commercial LPG cylinders by Rs 21 per cylinder in various locations across the country. The hike will come into effect from today (December 1). The hike in the cost of commercial gas cylinders will particularly impact the restaurant and food business, potentially affecting the expenses of individuals dining out.
The Reserve Bank of India on Friday stated that 97.26 per cent of the Rs 2,000 banknotes have been returned to the baking system. It further said the Rs 2,000 notes, which were in circulation till May 19 this year, continue to be legal tender. 
Bank holidays in December: The Reserve Bank of India (RBI) has released the list of bank holidays in December. As per the RBI's holiday list, banks across the country will be closed for a total of 18 days this month. 
Goods and Services Tax (GST) collections have jumped 15 per cent to over Rs 1.67 lakh crore in November, the Finance Ministry informed on Friday. GST mop-up was over Rs 1.45 lakh crore in November 2022.

Sebi slaps fine on India Ratings and Research

Friday 01 December 2023 06:19 PM UTC+00
A Rs 3 lakh penalty was imposed on India Ratings and Research for certain lapses by markets regulator Sebi.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high. 
LPG price hike: Oil Marketing Companies (OMCs) have increased the prices of commercial LPG cylinders by Rs 21 per cylinder in various locations across the country. The hike will come into effect from today (December 1). The hike in the cost of commercial gas cylinders will particularly impact the restaurant and food business, potentially affecting the expenses of individuals dining out.
The Reserve Bank of India on Friday stated that 97.26 per cent of the Rs 2,000 banknotes have been returned to the baking system. It further said the Rs 2,000 notes, which were in circulation till May 19 this year, continue to be legal tender. 
Bank holidays in December: The Reserve Bank of India (RBI) has released the list of bank holidays in December. As per the RBI's holiday list, banks across the country will be closed for a total of 18 days this month. 
Goods and Services Tax (GST) collections have jumped 15 per cent to over Rs 1.67 lakh crore in November, the Finance Ministry informed on Friday. GST mop-up was over Rs 1.45 lakh crore in November 2022.

Sebi slaps fine on India Ratings and Research

Friday 01 December 2023 06:19 PM UTC+00
A Rs 3 lakh penalty was imposed on India Ratings and Research for certain lapses by markets regulator Sebi.
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