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IndiaTV Business: Google News Feed: Digest for December 30, 2023

IndiaTV Business: Google News Feed

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The Reserve Bank of India (RBI) on Wednesday released guidelines for lending and borrowing in government securities in an effort to strengthen the bond market. The Government Securities (G-Sec) market will gain depth and liquidity via a healthy securities lending and borrowing market, which will facilitate effective price discovery, according to a notification. 
Business news: Markets regulator the Securities and Exchange Board of India (SEBI) today (December 27) extended the deadline to June 30, 2024 for demat and mutual fund account holders to provide a nomination. Earlier, the deadline to nominate a beneficiary or opt out of it by submitting a declaration form was December 31, 2023 (Sunday).
Rules changing from January 1: As the new year is just around the corner, several rules related to peoples' work in day-to-day life will change. Let's take a look at some key changes which will take place from January 1, 2024.
Food delivery company Zomato has received a Good and Services Tax (GST) notice over a tax liability of Rs 401.7 crore, according to media report which added that the Directorate General of GST Intelligence (DGGI) had issued tax notices to Zomato and Swiggy for allegedly not clearing GST on delivery charges. It said that delivery charges come under the services category and they are liable to pay 18 per cent GST, the report said.
Market update news: Equity benchmark indices Sensex and Nifty advanced further to settle at record highs for the second straight session today (December 28), buoyed by lower crude prices in international markets and fresh foreign fund inflows amid a largely positive global cue.
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that India is one of the fastest-growing major economies in the world with a rising potential growth profile. He further said that the Indian economy, domestic financial system remain resilient on strong macroeconomic fundamentals.
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest-growing major economies in the world with a rising potential growth profile. He also emphasised that the central bank remains committed to act early and decisively to prevent any build-up of risks. 
New Delhi: The Central government on Thursday extended the exemption given to tur and urad dal till March 31, 2025. The government said that there will be no restrictions on import of tur and urad dal till March 2025 as part of efforts to boost domestic supply and keep prices under control.

Sensex falls 236 points in early trade, Nifty opens at 21,703

Friday 29 December 2023 04:47 AM UTC+00
Markets on Friday opened in slow trade after five days of sharp rally. The 30-share BSE Sensex fell 236.56 points to 72,173.82 after a weak beginning to the trade while Nifty declined 74.8 points to open at 21,703.90.
Stock markets update: As investors preferred profit-taking after the recent sharp rally, equity indices benchmark Sensex and Nifty declined on the last trading day of 2023, wrapping up a record-setting year with benchmarks surging by up to 20 per cent. After a five-day winning run, selling pressure emerged in energy, banking and IT counters on Friday, which dragged indices lower, traders said.
The Reserve Bank of India (RBI) on Wednesday released guidelines for lending and borrowing in government securities in an effort to strengthen the bond market. The Government Securities (G-Sec) market will gain depth and liquidity via a healthy securities lending and borrowing market, which will facilitate effective price discovery, according to a notification. 
Business news: Markets regulator the Securities and Exchange Board of India (SEBI) today (December 27) extended the deadline to June 30, 2024 for demat and mutual fund account holders to provide a nomination. Earlier, the deadline to nominate a beneficiary or opt out of it by submitting a declaration form was December 31, 2023 (Sunday).
Rules changing from January 1: As the new year is just around the corner, several rules related to peoples' work in day-to-day life will change. Let's take a look at some key changes which will take place from January 1, 2024.
Food delivery company Zomato has received a Good and Services Tax (GST) notice over a tax liability of Rs 401.7 crore, according to media report which added that the Directorate General of GST Intelligence (DGGI) had issued tax notices to Zomato and Swiggy for allegedly not clearing GST on delivery charges. It said that delivery charges come under the services category and they are liable to pay 18 per cent GST, the report said.
Market update news: Equity benchmark indices Sensex and Nifty advanced further to settle at record highs for the second straight session today (December 28), buoyed by lower crude prices in international markets and fresh foreign fund inflows amid a largely positive global cue.
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that India is one of the fastest-growing major economies in the world with a rising potential growth profile. He further said that the Indian economy, domestic financial system remain resilient on strong macroeconomic fundamentals.
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest-growing major economies in the world with a rising potential growth profile. He also emphasised that the central bank remains committed to act early and decisively to prevent any build-up of risks. 
New Delhi: The Central government on Thursday extended the exemption given to tur and urad dal till March 31, 2025. The government said that there will be no restrictions on import of tur and urad dal till March 2025 as part of efforts to boost domestic supply and keep prices under control.

Sensex falls 236 points in early trade, Nifty opens at 21,703

Friday 29 December 2023 04:47 AM UTC+00
Markets on Friday opened in slow trade after five days of sharp rally. The 30-share BSE Sensex fell 236.56 points to 72,173.82 after a weak beginning to the trade while Nifty declined 74.8 points to open at 21,703.90.
Stock markets update: As investors preferred profit-taking after the recent sharp rally, equity indices benchmark Sensex and Nifty declined on the last trading day of 2023, wrapping up a record-setting year with benchmarks surging by up to 20 per cent. After a five-day winning run, selling pressure emerged in energy, banking and IT counters on Friday, which dragged indices lower, traders said.
The Reserve Bank of India (RBI) on Wednesday released guidelines for lending and borrowing in government securities in an effort to strengthen the bond market. The Government Securities (G-Sec) market will gain depth and liquidity via a healthy securities lending and borrowing market, which will facilitate effective price discovery, according to a notification. 
Business news: Markets regulator the Securities and Exchange Board of India (SEBI) today (December 27) extended the deadline to June 30, 2024 for demat and mutual fund account holders to provide a nomination. Earlier, the deadline to nominate a beneficiary or opt out of it by submitting a declaration form was December 31, 2023 (Sunday).
Rules changing from January 1: As the new year is just around the corner, several rules related to peoples' work in day-to-day life will change. Let's take a look at some key changes which will take place from January 1, 2024.
Food delivery company Zomato has received a Good and Services Tax (GST) notice over a tax liability of Rs 401.7 crore, according to media report which added that the Directorate General of GST Intelligence (DGGI) had issued tax notices to Zomato and Swiggy for allegedly not clearing GST on delivery charges. It said that delivery charges come under the services category and they are liable to pay 18 per cent GST, the report said.
Market update news: Equity benchmark indices Sensex and Nifty advanced further to settle at record highs for the second straight session today (December 28), buoyed by lower crude prices in international markets and fresh foreign fund inflows amid a largely positive global cue.
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that India is one of the fastest-growing major economies in the world with a rising potential growth profile. He further said that the Indian economy, domestic financial system remain resilient on strong macroeconomic fundamentals.
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest-growing major economies in the world with a rising potential growth profile. He also emphasised that the central bank remains committed to act early and decisively to prevent any build-up of risks. 
New Delhi: The Central government on Thursday extended the exemption given to tur and urad dal till March 31, 2025. The government said that there will be no restrictions on import of tur and urad dal till March 2025 as part of efforts to boost domestic supply and keep prices under control.

Sensex falls 236 points in early trade, Nifty opens at 21,703

Friday 29 December 2023 04:47 AM UTC+00
Markets on Friday opened in slow trade after five days of sharp rally. The 30-share BSE Sensex fell 236.56 points to 72,173.82 after a weak beginning to the trade while Nifty declined 74.8 points to open at 21,703.90.
Stock markets update: As investors preferred profit-taking after the recent sharp rally, equity indices benchmark Sensex and Nifty declined on the last trading day of 2023, wrapping up a record-setting year with benchmarks surging by up to 20 per cent. After a five-day winning run, selling pressure emerged in energy, banking and IT counters on Friday, which dragged indices lower, traders said.
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