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IndiaTV Business: Google News Feed: Digest for January 02, 2024

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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.
A Mumbai court has permitted the CBI to question Yes Bank founder Rana Kapoor in connection with a loan granted to Ezeego One Travels and Tours Limited (EOTTL) by the private sector lender. Kapoor, who is the former MD and CEO of Yes Bank, is in judicial custody at present after he was arrested by the Enforcement Directorate (ED) in March 2020 in a money laundering case linked to financial irregularities at the bank. Kapoor is lodged in the Taloja jail in Navi Mumbai.
Boeing has recommended airlines to conduct an inspection of their B737 Max fleet, after an international operator discovered a bolt with a missing nut while performing routine maintenance. In a statement on Friday, Boeing said the issue identified on the particular airplane has been remedied. In India three airlines -- Akasa Air, SpiceJet and Air India Express -- have B737 Max planes in their fleet.
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.

Arvind Panagariya appointed as 16th Finance Commission Chairman

Sunday 31 December 2023 10:24 AM UTC+00
The government today (December 31) appointed former Niti Aayog vice chairman Arvind Panagariya as the Chairman of the 16th Finance Commission.
Indian Oil Corporation Limited has released new prices of 19 kg Commercial LPG cylinder, the new prices came into effect starting today (January 1), the first day of the new year. However, there have not been any changes in the prices of Domestic 14.2 kg LPG cylinder used in households. Besides this, there has also been a change in the prices of Aviation Turbine Fuel (ATF Fuel) used in planes from today.
Stock markets update: Equity benchmark indices opened in negative on Monday, the first day of the new year 2024, amid profit-taking after the recent sharp rally and lack of trends from global markets. In the early trade, the 30-share BSE Sensex declined 207.29 points to 72,032.97. Meanwhile, the Nifty also fell by 46.65 points to 21,684.75 points.
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.
A Mumbai court has permitted the CBI to question Yes Bank founder Rana Kapoor in connection with a loan granted to Ezeego One Travels and Tours Limited (EOTTL) by the private sector lender. Kapoor, who is the former MD and CEO of Yes Bank, is in judicial custody at present after he was arrested by the Enforcement Directorate (ED) in March 2020 in a money laundering case linked to financial irregularities at the bank. Kapoor is lodged in the Taloja jail in Navi Mumbai.
Boeing has recommended airlines to conduct an inspection of their B737 Max fleet, after an international operator discovered a bolt with a missing nut while performing routine maintenance. In a statement on Friday, Boeing said the issue identified on the particular airplane has been remedied. In India three airlines -- Akasa Air, SpiceJet and Air India Express -- have B737 Max planes in their fleet.
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.

Arvind Panagariya appointed as 16th Finance Commission Chairman

Sunday 31 December 2023 10:24 AM UTC+00
The government today (December 31) appointed former Niti Aayog vice chairman Arvind Panagariya as the Chairman of the 16th Finance Commission.
Indian Oil Corporation Limited has released new prices of 19 kg Commercial LPG cylinder, the new prices came into effect starting today (January 1), the first day of the new year. However, there have not been any changes in the prices of Domestic 14.2 kg LPG cylinder used in households. Besides this, there has also been a change in the prices of Aviation Turbine Fuel (ATF Fuel) used in planes from today.
Stock markets update: Equity benchmark indices opened in negative on Monday, the first day of the new year 2024, amid profit-taking after the recent sharp rally and lack of trends from global markets. In the early trade, the 30-share BSE Sensex declined 207.29 points to 72,032.97. Meanwhile, the Nifty also fell by 46.65 points to 21,684.75 points.
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.
A Mumbai court has permitted the CBI to question Yes Bank founder Rana Kapoor in connection with a loan granted to Ezeego One Travels and Tours Limited (EOTTL) by the private sector lender. Kapoor, who is the former MD and CEO of Yes Bank, is in judicial custody at present after he was arrested by the Enforcement Directorate (ED) in March 2020 in a money laundering case linked to financial irregularities at the bank. Kapoor is lodged in the Taloja jail in Navi Mumbai.
Boeing has recommended airlines to conduct an inspection of their B737 Max fleet, after an international operator discovered a bolt with a missing nut while performing routine maintenance. In a statement on Friday, Boeing said the issue identified on the particular airplane has been remedied. In India three airlines -- Akasa Air, SpiceJet and Air India Express -- have B737 Max planes in their fleet.
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.

Arvind Panagariya appointed as 16th Finance Commission Chairman

Sunday 31 December 2023 10:24 AM UTC+00
The government today (December 31) appointed former Niti Aayog vice chairman Arvind Panagariya as the Chairman of the 16th Finance Commission.
Indian Oil Corporation Limited has released new prices of 19 kg Commercial LPG cylinder, the new prices came into effect starting today (January 1), the first day of the new year. However, there have not been any changes in the prices of Domestic 14.2 kg LPG cylinder used in households. Besides this, there has also been a change in the prices of Aviation Turbine Fuel (ATF Fuel) used in planes from today.
Stock markets update: Equity benchmark indices opened in negative on Monday, the first day of the new year 2024, amid profit-taking after the recent sharp rally and lack of trends from global markets. In the early trade, the 30-share BSE Sensex declined 207.29 points to 72,032.97. Meanwhile, the Nifty also fell by 46.65 points to 21,684.75 points.
Gross GST collection: The gross GST collection has jumped up by 12 per cent to Rs 14.97 lakh crore in the April-December 2023 period, the Finance Ministry informed on Monday.

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.
A Mumbai court has permitted the CBI to question Yes Bank founder Rana Kapoor in connection with a loan granted to Ezeego One Travels and Tours Limited (EOTTL) by the private sector lender. Kapoor, who is the former MD and CEO of Yes Bank, is in judicial custody at present after he was arrested by the Enforcement Directorate (ED) in March 2020 in a money laundering case linked to financial irregularities at the bank. Kapoor is lodged in the Taloja jail in Navi Mumbai.
Boeing has recommended airlines to conduct an inspection of their B737 Max fleet, after an international operator discovered a bolt with a missing nut while performing routine maintenance. In a statement on Friday, Boeing said the issue identified on the particular airplane has been remedied. In India three airlines -- Akasa Air, SpiceJet and Air India Express -- have B737 Max planes in their fleet.
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.

Arvind Panagariya appointed as 16th Finance Commission Chairman

Sunday 31 December 2023 10:24 AM UTC+00
The government today (December 31) appointed former Niti Aayog vice chairman Arvind Panagariya as the Chairman of the 16th Finance Commission.
Indian Oil Corporation Limited has released new prices of 19 kg Commercial LPG cylinder, the new prices came into effect starting today (January 1), the first day of the new year. However, there have not been any changes in the prices of Domestic 14.2 kg LPG cylinder used in households. Besides this, there has also been a change in the prices of Aviation Turbine Fuel (ATF Fuel) used in planes from today.
Stock markets update: Equity benchmark indices opened in negative on Monday, the first day of the new year 2024, amid profit-taking after the recent sharp rally and lack of trends from global markets. In the early trade, the 30-share BSE Sensex declined 207.29 points to 72,032.97. Meanwhile, the Nifty also fell by 46.65 points to 21,684.75 points.
Gross GST collection: The gross GST collection has jumped up by 12 per cent to Rs 14.97 lakh crore in the April-December 2023 period, the Finance Ministry informed on Monday.

Petrol, diesel sales fall in India as winter season sets in

Monday 01 January 2024 01:22 PM UTC+00
New Delhi: The sale of petrol and diesel in India declined in December, according to preliminary data from state-owned firms. The drop in demand is attributed to the onset of winter, which typically leads to reduced consumption. This trend is common as people tend to travel less during the colder months, impacting fuel sales.
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.
A Mumbai court has permitted the CBI to question Yes Bank founder Rana Kapoor in connection with a loan granted to Ezeego One Travels and Tours Limited (EOTTL) by the private sector lender. Kapoor, who is the former MD and CEO of Yes Bank, is in judicial custody at present after he was arrested by the Enforcement Directorate (ED) in March 2020 in a money laundering case linked to financial irregularities at the bank. Kapoor is lodged in the Taloja jail in Navi Mumbai.
Boeing has recommended airlines to conduct an inspection of their B737 Max fleet, after an international operator discovered a bolt with a missing nut while performing routine maintenance. In a statement on Friday, Boeing said the issue identified on the particular airplane has been remedied. In India three airlines -- Akasa Air, SpiceJet and Air India Express -- have B737 Max planes in their fleet.
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.

Arvind Panagariya appointed as 16th Finance Commission Chairman

Sunday 31 December 2023 10:24 AM UTC+00
The government today (December 31) appointed former Niti Aayog vice chairman Arvind Panagariya as the Chairman of the 16th Finance Commission.
Indian Oil Corporation Limited has released new prices of 19 kg Commercial LPG cylinder, the new prices came into effect starting today (January 1), the first day of the new year. However, there have not been any changes in the prices of Domestic 14.2 kg LPG cylinder used in households. Besides this, there has also been a change in the prices of Aviation Turbine Fuel (ATF Fuel) used in planes from today.
Stock markets update: Equity benchmark indices opened in negative on Monday, the first day of the new year 2024, amid profit-taking after the recent sharp rally and lack of trends from global markets. In the early trade, the 30-share BSE Sensex declined 207.29 points to 72,032.97. Meanwhile, the Nifty also fell by 46.65 points to 21,684.75 points.
Gross GST collection: The gross GST collection has jumped up by 12 per cent to Rs 14.97 lakh crore in the April-December 2023 period, the Finance Ministry informed on Monday.

Petrol, diesel sales fall in India as winter season sets in

Monday 01 January 2024 01:22 PM UTC+00
New Delhi: The sale of petrol and diesel in India declined in December, according to preliminary data from state-owned firms. The drop in demand is attributed to the onset of winter, which typically leads to reduced consumption. This trend is common as people tend to travel less during the colder months, impacting fuel sales.
ITRs filing: A record high of 8.18 crore tax returns have been filed until December 31 for the Assessment Year (AY) 2023-2024 against 7.51 crore Income Tax Returns (ITRs) filed at the end of December 31, 2022, the Ministry of Finance said on Monday (January 1).
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.
A Mumbai court has permitted the CBI to question Yes Bank founder Rana Kapoor in connection with a loan granted to Ezeego One Travels and Tours Limited (EOTTL) by the private sector lender. Kapoor, who is the former MD and CEO of Yes Bank, is in judicial custody at present after he was arrested by the Enforcement Directorate (ED) in March 2020 in a money laundering case linked to financial irregularities at the bank. Kapoor is lodged in the Taloja jail in Navi Mumbai.
Boeing has recommended airlines to conduct an inspection of their B737 Max fleet, after an international operator discovered a bolt with a missing nut while performing routine maintenance. In a statement on Friday, Boeing said the issue identified on the particular airplane has been remedied. In India three airlines -- Akasa Air, SpiceJet and Air India Express -- have B737 Max planes in their fleet.
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.

Arvind Panagariya appointed as 16th Finance Commission Chairman

Sunday 31 December 2023 10:24 AM UTC+00
The government today (December 31) appointed former Niti Aayog vice chairman Arvind Panagariya as the Chairman of the 16th Finance Commission.
Indian Oil Corporation Limited has released new prices of 19 kg Commercial LPG cylinder, the new prices came into effect starting today (January 1), the first day of the new year. However, there have not been any changes in the prices of Domestic 14.2 kg LPG cylinder used in households. Besides this, there has also been a change in the prices of Aviation Turbine Fuel (ATF Fuel) used in planes from today.
Stock markets update: Equity benchmark indices opened in negative on Monday, the first day of the new year 2024, amid profit-taking after the recent sharp rally and lack of trends from global markets. In the early trade, the 30-share BSE Sensex declined 207.29 points to 72,032.97. Meanwhile, the Nifty also fell by 46.65 points to 21,684.75 points.
Gross GST collection: The gross GST collection has jumped up by 12 per cent to Rs 14.97 lakh crore in the April-December 2023 period, the Finance Ministry informed on Monday.

Petrol, diesel sales fall in India as winter season sets in

Monday 01 January 2024 01:22 PM UTC+00
New Delhi: The sale of petrol and diesel in India declined in December, according to preliminary data from state-owned firms. The drop in demand is attributed to the onset of winter, which typically leads to reduced consumption. This trend is common as people tend to travel less during the colder months, impacting fuel sales.
ITRs filing: A record high of 8.18 crore tax returns have been filed until December 31 for the Assessment Year (AY) 2023-2024 against 7.51 crore Income Tax Returns (ITRs) filed at the end of December 31, 2022, the Ministry of Finance said on Monday (January 1).
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