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IndiaTV Business: Google News Feed: Digest for December 06, 2023

IndiaTV Business: Google News Feed

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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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
In a remarkable performance, India's benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points. The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.

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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
In a remarkable performance, India's benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points. The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.

India set to become third-large economy by 2030, says S&P

Tuesday 05 December 2023 06:10 AM UTC+00
American credit rating agency S&P Global Ratings on Tuesday said India would become the world's third-largest economy by 2030. The rating agency forecasted the nation's GDP growth would reach 7 per cent in 2026-27 fiscal year.

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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
In a remarkable performance, India's benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points. The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.

India set to become third-large economy by 2030, says S&P

Tuesday 05 December 2023 06:10 AM UTC+00
American credit rating agency S&P Global Ratings on Tuesday said India would become the world's third-largest economy by 2030. The rating agency forecasted the nation's GDP growth would reach 7 per cent in 2026-27 fiscal year.

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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
In a remarkable performance, India's benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points. The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.

India set to become third-large economy by 2030, says S&P

Tuesday 05 December 2023 06:10 AM UTC+00
American credit rating agency S&P Global Ratings on Tuesday said India would become the world's third-largest economy by 2030. The rating agency forecasted the nation's GDP growth would reach 7 per cent in 2026-27 fiscal year.

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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
In a remarkable performance, India's benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points. The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.

India set to become third-large economy by 2030, says S&P

Tuesday 05 December 2023 06:10 AM UTC+00
American credit rating agency S&P Global Ratings on Tuesday said India would become the world's third-largest economy by 2030. The rating agency forecasted the nation's GDP growth would reach 7 per cent in 2026-27 fiscal year.

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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
In a remarkable performance, India's benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points. The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.

India set to become third-large economy by 2030, says S&P

Tuesday 05 December 2023 06:10 AM UTC+00
American credit rating agency S&P Global Ratings on Tuesday said India would become the world's third-largest economy by 2030. The rating agency forecasted the nation's GDP growth would reach 7 per cent in 2026-27 fiscal year.

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.
Business news: Tea production in India increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
PDEU 11th Convocation Ceremony: Reliance Industries Chairman and Managing Director, Mukesh Ambani, who is also the President of Pandit Deendayal Energy University (PDEU), addressed the students at the 11th convocation ceremony of the institute and said that energy transition has become the most critical factor in ensuring India's transformation into a global leader in green, sustainable and inclusive development adding PDEU is at the forefront of education and research in this area.
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report.
Market on Assembly Election Results 2023: As the Bharatiya Janata Party (BJP) is leading in Assembly polls in three out of four states including Madhya Pradesh, Rajasthan and Chhattisgarh, stock market experts believe that the saffron party getting a majority in three states (which is very likely as per current trends) is positive for the market.
Gold and silver prices in India have reached an all-time high as the 24-carat rate per 10 grams rose by Rs 100 to Rs 63,300, while silver prices rose by Rs 500 to close at Rs 79,700 per kg, according to HDFC Securities. The price of gold had closed at Rs 63,200 per 10 grams in the previous trade.
MQDC, a Thailand-based realty giant with a presence in India's co-working sector, sets sights on luxury housing ventures in Delhi-NCR. In discussions with local builders for joint development, MQDC India, the Indian arm of Magnolia Quality Development Corporation, is poised for a significant expansion in the region. With an operational co-working space in South Delhi, MQDC India is set to launch its second facility, 'Whizdom Club India,' at Golf Course Road, Gurugram, this Friday. MQDC India Country Director Chulamas Jitpatima (Amy) revealed plans for luxury housing projects, emphasizing ongoing talks with local developers and site evaluations.
In the wake of the Bharatiya Janata Party's (BJP) significant victories in key state elections, India's benchmark indices, Sensex and Nifty, soared to unprecedented levels on Monday. Bolstered by robust domestic macroeconomic data and heightened expectations of a US rate cut in March, the market opened at fresh all-time highs, indicating a surge in momentum following the BJP's electoral success.
In a remarkable performance, India's benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points. The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.

India set to become third-large economy by 2030, says S&P

Tuesday 05 December 2023 06:10 AM UTC+00
American credit rating agency S&P Global Ratings on Tuesday said India would become the world's third-largest economy by 2030. The rating agency forecasted the nation's GDP growth would reach 7 per cent in 2026-27 fiscal year.
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