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IndiaTV Business: Google News Feed: Digest for December 26, 2023

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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.
Union Minister Nitin Gadkari on Sunday (December 24) said that increase in exports and reduction in imports is the new way ahead for patriotism and "swadeshi" and it will be a "new freedom" for India when not a drop of petrol and diesel is imported in the country. The Minister of Road Transport and Highways said that stopping the import of petrol and diesel was linked to arresting terrorism in the world.
2023 turned out to be good for stock market investors. There were very few shares in which investors suffered losses. Investors made a lot of money in most of the shares. Some shares jumped up to 1300 percent. About 82 percent of the shares on the National Stock Exchange gave positive returns till December 19 this year. Due to this, NSE Nifty jumped 18 percent so far this year. At the same time, huge money was made in small cap and mid cap shares. The Nifty Smallcap 250 index jumped 46 percent so far this year. At the same time, Nifty Midcap 100 index jumped 42 percent.
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.
Union Minister Nitin Gadkari on Sunday (December 24) said that increase in exports and reduction in imports is the new way ahead for patriotism and "swadeshi" and it will be a "new freedom" for India when not a drop of petrol and diesel is imported in the country. The Minister of Road Transport and Highways said that stopping the import of petrol and diesel was linked to arresting terrorism in the world.
2023 turned out to be good for stock market investors. There were very few shares in which investors suffered losses. Investors made a lot of money in most of the shares. Some shares jumped up to 1300 percent. About 82 percent of the shares on the National Stock Exchange gave positive returns till December 19 this year. Due to this, NSE Nifty jumped 18 percent so far this year. At the same time, huge money was made in small cap and mid cap shares. The Nifty Smallcap 250 index jumped 46 percent so far this year. At the same time, Nifty Midcap 100 index jumped 42 percent.
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.
Union Minister Nitin Gadkari on Sunday (December 24) said that increase in exports and reduction in imports is the new way ahead for patriotism and "swadeshi" and it will be a "new freedom" for India when not a drop of petrol and diesel is imported in the country. The Minister of Road Transport and Highways said that stopping the import of petrol and diesel was linked to arresting terrorism in the world.
2023 turned out to be good for stock market investors. There were very few shares in which investors suffered losses. Investors made a lot of money in most of the shares. Some shares jumped up to 1300 percent. About 82 percent of the shares on the National Stock Exchange gave positive returns till December 19 this year. Due to this, NSE Nifty jumped 18 percent so far this year. At the same time, huge money was made in small cap and mid cap shares. The Nifty Smallcap 250 index jumped 46 percent so far this year. At the same time, Nifty Midcap 100 index jumped 42 percent.
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.
Union Minister Nitin Gadkari on Sunday (December 24) said that increase in exports and reduction in imports is the new way ahead for patriotism and "swadeshi" and it will be a "new freedom" for India when not a drop of petrol and diesel is imported in the country. The Minister of Road Transport and Highways said that stopping the import of petrol and diesel was linked to arresting terrorism in the world.
2023 turned out to be good for stock market investors. There were very few shares in which investors suffered losses. Investors made a lot of money in most of the shares. Some shares jumped up to 1300 percent. About 82 percent of the shares on the National Stock Exchange gave positive returns till December 19 this year. Due to this, NSE Nifty jumped 18 percent so far this year. At the same time, huge money was made in small cap and mid cap shares. The Nifty Smallcap 250 index jumped 46 percent so far this year. At the same time, Nifty Midcap 100 index jumped 42 percent.
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.
Union Minister Nitin Gadkari on Sunday (December 24) said that increase in exports and reduction in imports is the new way ahead for patriotism and "swadeshi" and it will be a "new freedom" for India when not a drop of petrol and diesel is imported in the country. The Minister of Road Transport and Highways said that stopping the import of petrol and diesel was linked to arresting terrorism in the world.
2023 turned out to be good for stock market investors. There were very few shares in which investors suffered losses. Investors made a lot of money in most of the shares. Some shares jumped up to 1300 percent. About 82 percent of the shares on the National Stock Exchange gave positive returns till December 19 this year. Due to this, NSE Nifty jumped 18 percent so far this year. At the same time, huge money was made in small cap and mid cap shares. The Nifty Smallcap 250 index jumped 46 percent so far this year. At the same time, Nifty Midcap 100 index jumped 42 percent.
New Delhi: Adani Green Energy Limited (AGEL) on Monday said it has finalised a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to deliver 1,799 MW of solar power. The signing of this balanced PPA marks the completion of the power offtake agreements for the entire 8,000 MW manufacturing-linked solar tender awarded to AGEL by the SECI in June 2020, according to a statement from the company.
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.
Union Minister Nitin Gadkari on Sunday (December 24) said that increase in exports and reduction in imports is the new way ahead for patriotism and "swadeshi" and it will be a "new freedom" for India when not a drop of petrol and diesel is imported in the country. The Minister of Road Transport and Highways said that stopping the import of petrol and diesel was linked to arresting terrorism in the world.
2023 turned out to be good for stock market investors. There were very few shares in which investors suffered losses. Investors made a lot of money in most of the shares. Some shares jumped up to 1300 percent. About 82 percent of the shares on the National Stock Exchange gave positive returns till December 19 this year. Due to this, NSE Nifty jumped 18 percent so far this year. At the same time, huge money was made in small cap and mid cap shares. The Nifty Smallcap 250 index jumped 46 percent so far this year. At the same time, Nifty Midcap 100 index jumped 42 percent.
New Delhi: Adani Green Energy Limited (AGEL) on Monday said it has finalised a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to deliver 1,799 MW of solar power. The signing of this balanced PPA marks the completion of the power offtake agreements for the entire 8,000 MW manufacturing-linked solar tender awarded to AGEL by the SECI in June 2020, according to a statement from the company.
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.
Union Minister Nitin Gadkari on Sunday (December 24) said that increase in exports and reduction in imports is the new way ahead for patriotism and "swadeshi" and it will be a "new freedom" for India when not a drop of petrol and diesel is imported in the country. The Minister of Road Transport and Highways said that stopping the import of petrol and diesel was linked to arresting terrorism in the world.
2023 turned out to be good for stock market investors. There were very few shares in which investors suffered losses. Investors made a lot of money in most of the shares. Some shares jumped up to 1300 percent. About 82 percent of the shares on the National Stock Exchange gave positive returns till December 19 this year. Due to this, NSE Nifty jumped 18 percent so far this year. At the same time, huge money was made in small cap and mid cap shares. The Nifty Smallcap 250 index jumped 46 percent so far this year. At the same time, Nifty Midcap 100 index jumped 42 percent.
New Delhi: Adani Green Energy Limited (AGEL) on Monday said it has finalised a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to deliver 1,799 MW of solar power. The signing of this balanced PPA marks the completion of the power offtake agreements for the entire 8,000 MW manufacturing-linked solar tender awarded to AGEL by the SECI in June 2020, according to a statement from the company.
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