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IndiaTV Business: Google News Feed: Digest for December 24, 2023

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Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
India has said that certain projections made by the International Monetary Fund on alleged government debt vulnerabilities do not reflect the factual position adding that it has done relatively well and is still below the debt level of 2002.
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
India has said that certain projections made by the International Monetary Fund on alleged government debt vulnerabilities do not reflect the factual position adding that it has done relatively well and is still below the debt level of 2002.
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
India has said that certain projections made by the International Monetary Fund on alleged government debt vulnerabilities do not reflect the factual position adding that it has done relatively well and is still below the debt level of 2002.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
India has said that certain projections made by the International Monetary Fund on alleged government debt vulnerabilities do not reflect the factual position adding that it has done relatively well and is still below the debt level of 2002.
Business news: The Income Tax Department has notified ITR forms 1 and 4, which are filed by individuals and entities with annual total income of up to Rs 50 lakh, for assessment year (AY) 2024-25. Individuals, besides Hindu Undivided Families (HUFs), firms having income up to Rs 50 lakh and those having earnings from business and profession in the current fiscal (April 2023-March 2024) can start filing returns for the income earned this financial year.

Air India's first A350 aircraft arrives in Delhi | DETAILS

Saturday 23 December 2023 12:39 PM UTC+00
Air India: Air India officially took delivery of its first Airbus A350-900 today (December 23), making history as the first Indian carrier to operate the aircraft type.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
India has said that certain projections made by the International Monetary Fund on alleged government debt vulnerabilities do not reflect the factual position adding that it has done relatively well and is still below the debt level of 2002.
Business news: The Income Tax Department has notified ITR forms 1 and 4, which are filed by individuals and entities with annual total income of up to Rs 50 lakh, for assessment year (AY) 2024-25. Individuals, besides Hindu Undivided Families (HUFs), firms having income up to Rs 50 lakh and those having earnings from business and profession in the current fiscal (April 2023-March 2024) can start filing returns for the income earned this financial year.

Air India's first A350 aircraft arrives in Delhi | DETAILS

Saturday 23 December 2023 12:39 PM UTC+00
Air India: Air India officially took delivery of its first Airbus A350-900 today (December 23), making history as the first Indian carrier to operate the aircraft type.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
India has said that certain projections made by the International Monetary Fund on alleged government debt vulnerabilities do not reflect the factual position adding that it has done relatively well and is still below the debt level of 2002.
Business news: The Income Tax Department has notified ITR forms 1 and 4, which are filed by individuals and entities with annual total income of up to Rs 50 lakh, for assessment year (AY) 2024-25. Individuals, besides Hindu Undivided Families (HUFs), firms having income up to Rs 50 lakh and those having earnings from business and profession in the current fiscal (April 2023-March 2024) can start filing returns for the income earned this financial year.

Air India's first A350 aircraft arrives in Delhi | DETAILS

Saturday 23 December 2023 12:39 PM UTC+00
Air India: Air India officially took delivery of its first Airbus A350-900 today (December 23), making history as the first Indian carrier to operate the aircraft type.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
Commercial cooking gas (LPG) prices were slashed by Rs 39.50 per 19-kg cylinder on Friday (December 22), which is in line with softening international benchmarks. However, the prices of domestic (14 kg) LPG cylinders, which are used in households for cooking purposes, remained stagnant and unchanged at Rs 903 per 14.2-kg cylinder.

Zomato gears up for $2 billion acquisition, share prices spike

Friday 22 December 2023 07:36 AM UTC+00
After Blinkit, online food delivery platform, Zomato, is gearing up for another huge acquisition. Now, the company has offered to acquire domestic logistics solutions provider ShipRocket for about $ 2 billion (more than Rs 16,600 crore). Bloomberg, citing people aware of the development, reported that Zomato has offered to buy the company and no final decision has been taken yet on the deal.
India's forex reserves jumped USD 9.112 billion to USD 615.971 billion in the week ended December 15 (Friday) and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen USD 2.816 billion to USD 606.859 billion.
Bank holidays in January: The Reserve Bank of India (RBI) has released the list of bank holidays for the month of January. As per the RBI's holiday list, banks across the country will be closed for a total of 11 days this month, apart from the second and fourth Saturdays and Sundays. 
India has said that certain projections made by the International Monetary Fund on alleged government debt vulnerabilities do not reflect the factual position adding that it has done relatively well and is still below the debt level of 2002.
Business news: The Income Tax Department has notified ITR forms 1 and 4, which are filed by individuals and entities with annual total income of up to Rs 50 lakh, for assessment year (AY) 2024-25. Individuals, besides Hindu Undivided Families (HUFs), firms having income up to Rs 50 lakh and those having earnings from business and profession in the current fiscal (April 2023-March 2024) can start filing returns for the income earned this financial year.

Air India's first A350 aircraft arrives in Delhi | DETAILS

Saturday 23 December 2023 12:39 PM UTC+00
Air India: Air India officially took delivery of its first Airbus A350-900 today (December 23), making history as the first Indian carrier to operate the aircraft type.
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