-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

IndiaTV Business: Google News Feed: Digest for January 28, 2024

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

The Apparel Export Promotion Council (AEPC) has requested tax incentives, including uniformity in the Goods and Services Tax (GST) and increased interest subsidies, to bolster domestic manufacturing and India's exports.
Banks are set for a three-day long weekend starting this Friday, with a total of 16 holidays allocated to banks in January 2024, including the second and fourth Saturdays, Sundays, and other regional holidays. The list of bank holidays is released by the Reserve Bank of India (RBI) and is determined by factors such as national or state holidays, cultural or religious observances, operational requirements, government announcements, and coordination with other banks.
Budget 2024: Union Finance Minister Nirmala Sitharaman on Wednesday participated in the pre-budget 'halwa' ceremony, marking the final stage of the Budget preparation process for Interim Union Budget 2024.
The MSME sector wants Finance Minister Nirmala Sitharaman to come out with a special package for small and medium enterprises to ensure greater availability of institutional credit at competitive rates to enable it to play a bigger role as India moves closer to becoming a USD 5 trillion economy. Sitharaman is scheduled to present the interim budget 2023–24 in the Lok Sabha on February 1. This will be the last major economic document of the government before the next general elections.
Stock markets update: Equity benchmark indices tumbled in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. The 30-share BSE Sensex fell 227.72 points to 70,832.59 in early trade. Meanwhile, the Nifty declined 55.7 points to 21,398.25.
The Sensex and Nifty witnessed a downturn as IT stocks experienced selling pressure, coupled with continuous outflows of foreign funds. The benchmark BSE Sensex closes at 70,700.67, marking a decline of 359.64 points, or 0.51%. Earlier in the day, it saw a substantial drop of 741.27 points to 70,319.04. The Nifty falls by 101.35 points, or 0.47%, settling at 21,352.60, reflecting the overall market sentiment.
As February 1 approaches, discussions about the upcoming budget intensify across the nation. Each year, on this date, the Finance Minister of the central government presents the country's budget. In the election year, Finance Minister Nirmala Sitharaman is set to unveil an interim budget rather than the complete budget. 
US-based property giant Forbes is all set to enter the Indian real estate market with the grand debut of India Forbes Global Properties. Forbes is a 100-year-old brand associated with the who's who of the world and millionaires around the globe.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.
The Apparel Export Promotion Council (AEPC) has requested tax incentives, including uniformity in the Goods and Services Tax (GST) and increased interest subsidies, to bolster domestic manufacturing and India's exports.
Banks are set for a three-day long weekend starting this Friday, with a total of 16 holidays allocated to banks in January 2024, including the second and fourth Saturdays, Sundays, and other regional holidays. The list of bank holidays is released by the Reserve Bank of India (RBI) and is determined by factors such as national or state holidays, cultural or religious observances, operational requirements, government announcements, and coordination with other banks.
Budget 2024: Union Finance Minister Nirmala Sitharaman on Wednesday participated in the pre-budget 'halwa' ceremony, marking the final stage of the Budget preparation process for Interim Union Budget 2024.
The MSME sector wants Finance Minister Nirmala Sitharaman to come out with a special package for small and medium enterprises to ensure greater availability of institutional credit at competitive rates to enable it to play a bigger role as India moves closer to becoming a USD 5 trillion economy. Sitharaman is scheduled to present the interim budget 2023–24 in the Lok Sabha on February 1. This will be the last major economic document of the government before the next general elections.
Stock markets update: Equity benchmark indices tumbled in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. The 30-share BSE Sensex fell 227.72 points to 70,832.59 in early trade. Meanwhile, the Nifty declined 55.7 points to 21,398.25.
The Sensex and Nifty witnessed a downturn as IT stocks experienced selling pressure, coupled with continuous outflows of foreign funds. The benchmark BSE Sensex closes at 70,700.67, marking a decline of 359.64 points, or 0.51%. Earlier in the day, it saw a substantial drop of 741.27 points to 70,319.04. The Nifty falls by 101.35 points, or 0.47%, settling at 21,352.60, reflecting the overall market sentiment.
As February 1 approaches, discussions about the upcoming budget intensify across the nation. Each year, on this date, the Finance Minister of the central government presents the country's budget. In the election year, Finance Minister Nirmala Sitharaman is set to unveil an interim budget rather than the complete budget. 
US-based property giant Forbes is all set to enter the Indian real estate market with the grand debut of India Forbes Global Properties. Forbes is a 100-year-old brand associated with the who's who of the world and millionaires around the globe.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.
The MSME sector wants Finance Minister Nirmala Sitharaman to come out with a special package for small and medium enterprises to ensure greater availability of institutional credit at competitive rates to enable it to play a bigger role as India moves closer to becoming a USD 5 trillion economy. Sitharaman is scheduled to present the interim budget 2023–24 in the Lok Sabha on February 1. This will be the last major economic document of the government before the next general elections.
Stock markets update: Equity benchmark indices tumbled in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. The 30-share BSE Sensex fell 227.72 points to 70,832.59 in early trade. Meanwhile, the Nifty declined 55.7 points to 21,398.25.
The Sensex and Nifty witnessed a downturn as IT stocks experienced selling pressure, coupled with continuous outflows of foreign funds. The benchmark BSE Sensex closes at 70,700.67, marking a decline of 359.64 points, or 0.51%. Earlier in the day, it saw a substantial drop of 741.27 points to 70,319.04. The Nifty falls by 101.35 points, or 0.47%, settling at 21,352.60, reflecting the overall market sentiment.
As February 1 approaches, discussions about the upcoming budget intensify across the nation. Each year, on this date, the Finance Minister of the central government presents the country's budget. In the election year, Finance Minister Nirmala Sitharaman is set to unveil an interim budget rather than the complete budget. 
US-based property giant Forbes is all set to enter the Indian real estate market with the grand debut of India Forbes Global Properties. Forbes is a 100-year-old brand associated with the who's who of the world and millionaires around the globe.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.

India's foreign exchange reserves decline by USD 2.8 billion

Saturday 27 January 2024 04:14 AM UTC+00
Business news: India's foreign exchange reserves declined by USD 2.795 billion to USD 616.143 billion in the week that ended on January 19, 2023, the latest data released by the Reserve Bank of India (RBI) showed. During the week, India's foreign currency assets (FCA), the biggest component of the forex reserves, declined by USD 2.653 billion to USD 545.855 billion, the central bank's weekly statistical data showed.
Budget 2024: The government has reduced its budgetary support to state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), by halving the equity infusion to Rs 15,000 crore.
Budget 2024: Finance Minister Nirmala Sitharaman is set to make history by presenting her sixth consecutive budget on February 1, matching the record held by former Prime Minister Morarji Desai.
Stock markets update: Equity benchmark indices tumbled in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. The 30-share BSE Sensex fell 227.72 points to 70,832.59 in early trade. Meanwhile, the Nifty declined 55.7 points to 21,398.25.
The Sensex and Nifty witnessed a downturn as IT stocks experienced selling pressure, coupled with continuous outflows of foreign funds. The benchmark BSE Sensex closes at 70,700.67, marking a decline of 359.64 points, or 0.51%. Earlier in the day, it saw a substantial drop of 741.27 points to 70,319.04. The Nifty falls by 101.35 points, or 0.47%, settling at 21,352.60, reflecting the overall market sentiment.
As February 1 approaches, discussions about the upcoming budget intensify across the nation. Each year, on this date, the Finance Minister of the central government presents the country's budget. In the election year, Finance Minister Nirmala Sitharaman is set to unveil an interim budget rather than the complete budget. 
US-based property giant Forbes is all set to enter the Indian real estate market with the grand debut of India Forbes Global Properties. Forbes is a 100-year-old brand associated with the who's who of the world and millionaires around the globe.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.

India's foreign exchange reserves decline by USD 2.8 billion

Saturday 27 January 2024 04:14 AM UTC+00
Business news: India's foreign exchange reserves declined by USD 2.795 billion to USD 616.143 billion in the week that ended on January 19, 2023, the latest data released by the Reserve Bank of India (RBI) showed. During the week, India's foreign currency assets (FCA), the biggest component of the forex reserves, declined by USD 2.653 billion to USD 545.855 billion, the central bank's weekly statistical data showed.
Budget 2024: The government has reduced its budgetary support to state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), by halving the equity infusion to Rs 15,000 crore.
Budget 2024: Finance Minister Nirmala Sitharaman is set to make history by presenting her sixth consecutive budget on February 1, matching the record held by former Prime Minister Morarji Desai.
Binny Bansal, the co-founder of Flipkart, has officially resigned from the board of the e-commerce giant after recently selling his remaining stake in the startup. His departure follows earlier reports indicating his intention to re-enter the e-commerce space, following in the footsteps of his co-founder, Sachin Bansal, who left Flipkart a few years ago to pursue a fintech venture called Navi.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.

India's foreign exchange reserves decline by USD 2.8 billion

Saturday 27 January 2024 04:14 AM UTC+00
Business news: India's foreign exchange reserves declined by USD 2.795 billion to USD 616.143 billion in the week that ended on January 19, 2023, the latest data released by the Reserve Bank of India (RBI) showed. During the week, India's foreign currency assets (FCA), the biggest component of the forex reserves, declined by USD 2.653 billion to USD 545.855 billion, the central bank's weekly statistical data showed.
Budget 2024: The government has reduced its budgetary support to state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), by halving the equity infusion to Rs 15,000 crore.
Budget 2024: Finance Minister Nirmala Sitharaman is set to make history by presenting her sixth consecutive budget on February 1, matching the record held by former Prime Minister Morarji Desai.
Binny Bansal, the co-founder of Flipkart, has officially resigned from the board of the e-commerce giant after recently selling his remaining stake in the startup. His departure follows earlier reports indicating his intention to re-enter the e-commerce space, following in the footsteps of his co-founder, Sachin Bansal, who left Flipkart a few years ago to pursue a fintech venture called Navi.
Ola Mobility is planning to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year.
BLS International's subsidiary, BLS E-Services, is set to launch its initial public offering (IPO) on January 30, with the subscription window open until February 1.
Yes Bank reported a net profit of Rs 231 crore for the October-December quarter of 2023-24, 349.70 per cent higher Rs 52 crore figure in the same period the previous year, which was significantly impacted by provisions made for the transfer of sour loans to an asset reconstruction company.
The government is working on reforms in the Special Economic Zone (SEZ) domain to facilitate the smooth movement of goods between the domestic tariff area (DTA) and SEZ space without compromising the competitiveness of goods in export markets, according to Commerce Secretary Sunil Barthwal.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.

India's foreign exchange reserves decline by USD 2.8 billion

Saturday 27 January 2024 04:14 AM UTC+00
Business news: India's foreign exchange reserves declined by USD 2.795 billion to USD 616.143 billion in the week that ended on January 19, 2023, the latest data released by the Reserve Bank of India (RBI) showed. During the week, India's foreign currency assets (FCA), the biggest component of the forex reserves, declined by USD 2.653 billion to USD 545.855 billion, the central bank's weekly statistical data showed.
Budget 2024: The government has reduced its budgetary support to state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), by halving the equity infusion to Rs 15,000 crore.
Budget 2024: Finance Minister Nirmala Sitharaman is set to make history by presenting her sixth consecutive budget on February 1, matching the record held by former Prime Minister Morarji Desai.
Binny Bansal, the co-founder of Flipkart, has officially resigned from the board of the e-commerce giant after recently selling his remaining stake in the startup. His departure follows earlier reports indicating his intention to re-enter the e-commerce space, following in the footsteps of his co-founder, Sachin Bansal, who left Flipkart a few years ago to pursue a fintech venture called Navi.
Ola Mobility is planning to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year.
BLS International's subsidiary, BLS E-Services, is set to launch its initial public offering (IPO) on January 30, with the subscription window open until February 1.
Yes Bank reported a net profit of Rs 231 crore for the October-December quarter of 2023-24, 349.70 per cent higher Rs 52 crore figure in the same period the previous year, which was significantly impacted by provisions made for the transfer of sour loans to an asset reconstruction company.
The government is working on reforms in the Special Economic Zone (SEZ) domain to facilitate the smooth movement of goods between the domestic tariff area (DTA) and SEZ space without compromising the competitiveness of goods in export markets, according to Commerce Secretary Sunil Barthwal.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.

India's foreign exchange reserves decline by USD 2.8 billion

Saturday 27 January 2024 04:14 AM UTC+00
Business news: India's foreign exchange reserves declined by USD 2.795 billion to USD 616.143 billion in the week that ended on January 19, 2023, the latest data released by the Reserve Bank of India (RBI) showed. During the week, India's foreign currency assets (FCA), the biggest component of the forex reserves, declined by USD 2.653 billion to USD 545.855 billion, the central bank's weekly statistical data showed.
Budget 2024: The government has reduced its budgetary support to state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), by halving the equity infusion to Rs 15,000 crore.
Budget 2024: Finance Minister Nirmala Sitharaman is set to make history by presenting her sixth consecutive budget on February 1, matching the record held by former Prime Minister Morarji Desai.
Binny Bansal, the co-founder of Flipkart, has officially resigned from the board of the e-commerce giant after recently selling his remaining stake in the startup. His departure follows earlier reports indicating his intention to re-enter the e-commerce space, following in the footsteps of his co-founder, Sachin Bansal, who left Flipkart a few years ago to pursue a fintech venture called Navi.
Ola Mobility is planning to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year.
BLS International's subsidiary, BLS E-Services, is set to launch its initial public offering (IPO) on January 30, with the subscription window open until February 1.
Yes Bank reported a net profit of Rs 231 crore for the October-December quarter of 2023-24, 349.70 per cent higher Rs 52 crore figure in the same period the previous year, which was significantly impacted by provisions made for the transfer of sour loans to an asset reconstruction company.
The government is working on reforms in the Special Economic Zone (SEZ) domain to facilitate the smooth movement of goods between the domestic tariff area (DTA) and SEZ space without compromising the competitiveness of goods in export markets, according to Commerce Secretary Sunil Barthwal.
Republic Day 2024: Indian stock exchanges are closed on Friday on the occasion of Republic Day 2024, with normal trading activities to resume on Monday (January 29). This year, India is commemorating its 75th Republic Day, marking the adoption of the constitution on January 26, 1950, and the attainment of sovereignty.
The Central government on Thursday awarded the prestigious Padma Bhushan to Taiwanese electronics manufacturing giant Foxconn Group's CEO and Chairman Young Liu, making him the only foreigner in the list of 17 Padma Bhushan recipients in 2024. Liu was conferred with the Padma Bhushan, the third-highest civilian award, on the eve of India's 75th Republic Day.

India's foreign exchange reserves decline by USD 2.8 billion

Saturday 27 January 2024 04:14 AM UTC+00
Business news: India's foreign exchange reserves declined by USD 2.795 billion to USD 616.143 billion in the week that ended on January 19, 2023, the latest data released by the Reserve Bank of India (RBI) showed. During the week, India's foreign currency assets (FCA), the biggest component of the forex reserves, declined by USD 2.653 billion to USD 545.855 billion, the central bank's weekly statistical data showed.
Budget 2024: The government has reduced its budgetary support to state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), by halving the equity infusion to Rs 15,000 crore.
Budget 2024: Finance Minister Nirmala Sitharaman is set to make history by presenting her sixth consecutive budget on February 1, matching the record held by former Prime Minister Morarji Desai.
Binny Bansal, the co-founder of Flipkart, has officially resigned from the board of the e-commerce giant after recently selling his remaining stake in the startup. His departure follows earlier reports indicating his intention to re-enter the e-commerce space, following in the footsteps of his co-founder, Sachin Bansal, who left Flipkart a few years ago to pursue a fintech venture called Navi.
Ola Mobility is planning to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year.
BLS International's subsidiary, BLS E-Services, is set to launch its initial public offering (IPO) on January 30, with the subscription window open until February 1.
Yes Bank reported a net profit of Rs 231 crore for the October-December quarter of 2023-24, 349.70 per cent higher Rs 52 crore figure in the same period the previous year, which was significantly impacted by provisions made for the transfer of sour loans to an asset reconstruction company.
The government is working on reforms in the Special Economic Zone (SEZ) domain to facilitate the smooth movement of goods between the domestic tariff area (DTA) and SEZ space without compromising the competitiveness of goods in export markets, according to Commerce Secretary Sunil Barthwal.
You received this email because you set up a subscription at Feedrabbit. This email was sent to you at epaperindia10@gmail.com. Unsubscribe or change your subscription.

Related Posts

There is no other posts in this category.
Subscribe Our Newsletter