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IndiaTV Business: Google News Feed: Digest for February 12, 2024

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The Union Cabinet on Thursday approved auctions in eight spectrum bands for mobile phone services at a base price of Rs 96,317.65 crore, said information and broadcasting minister Anurag Thakur.
Equity benchmark indices staged a rebound during early trade on Friday, supported by gains in heavyweight stocks such as Reliance Industries, Tata Consultancy Services, and ICICI Bank, alongside a broadly positive trend in Asian markets.
Shares of Life Insurance Corporation of India (LIC) rose by over 6.30 per cent to a 52-week high after the company reported a 49 per cent surge in net profit for the quarter ending December. The stock has surged over 11 per cent in the last four trading sessions. 
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
The Union Cabinet on Thursday approved auctions in eight spectrum bands for mobile phone services at a base price of Rs 96,317.65 crore, said information and broadcasting minister Anurag Thakur.
Equity benchmark indices staged a rebound during early trade on Friday, supported by gains in heavyweight stocks such as Reliance Industries, Tata Consultancy Services, and ICICI Bank, alongside a broadly positive trend in Asian markets.
Shares of Life Insurance Corporation of India (LIC) rose by over 6.30 per cent to a 52-week high after the company reported a 49 per cent surge in net profit for the quarter ending December. The stock has surged over 11 per cent in the last four trading sessions. 
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
Equity benchmark indices staged a rebound during early trade on Friday, supported by gains in heavyweight stocks such as Reliance Industries, Tata Consultancy Services, and ICICI Bank, alongside a broadly positive trend in Asian markets.
Shares of Life Insurance Corporation of India (LIC) rose by over 6.30 per cent to a 52-week high after the company reported a 49 per cent surge in net profit for the quarter ending December. The stock has surged over 11 per cent in the last four trading sessions. 
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
The banking sector and players in the space should be mindful of legal and cyber risks, and skill gaps emanating from Artificial Intelligence (AI), RBI Deputy Governor T Rabi Sankar has said. "With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it's important to start preparing for it," he said.
Equity benchmark indices staged a rebound during early trade on Friday, supported by gains in heavyweight stocks such as Reliance Industries, Tata Consultancy Services, and ICICI Bank, alongside a broadly positive trend in Asian markets.
Shares of Life Insurance Corporation of India (LIC) rose by over 6.30 per cent to a 52-week high after the company reported a 49 per cent surge in net profit for the quarter ending December. The stock has surged over 11 per cent in the last four trading sessions. 
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
The banking sector and players in the space should be mindful of legal and cyber risks, and skill gaps emanating from Artificial Intelligence (AI), RBI Deputy Governor T Rabi Sankar has said. "With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it's important to start preparing for it," he said.
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
The banking sector and players in the space should be mindful of legal and cyber risks, and skill gaps emanating from Artificial Intelligence (AI), RBI Deputy Governor T Rabi Sankar has said. "With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it's important to start preparing for it," he said.
New Delhi: Net direct tax collection in the current fiscal year has witnessed a growth of 20 per cent year-on-year to Rs 15.60 lakh crore. This collection is 80.23 per cent of the total revised estimates for the full fiscal year. According to the  Central Board of Direct Taxes (CBDT), the provisional figures of direct tax collections continue to demonstrate steady growth.
Business news: The central government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said on Sunday (February 11).  In November 2020, PPSL had applied for a licence with the Reserve Bank of India (RBI) to operate as a payment aggregator under the guidelines on Regulation of Payment Aggregators and Payment Gateways. However, in November 2022, RBI rejected PPSL's application and asked the company to resubmit it, so as to comply with Press Note 3 under FDI rules.
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
The banking sector and players in the space should be mindful of legal and cyber risks, and skill gaps emanating from Artificial Intelligence (AI), RBI Deputy Governor T Rabi Sankar has said. "With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it's important to start preparing for it," he said.
New Delhi: Net direct tax collection in the current fiscal year has witnessed a growth of 20 per cent year-on-year to Rs 15.60 lakh crore. This collection is 80.23 per cent of the total revised estimates for the full fiscal year. According to the  Central Board of Direct Taxes (CBDT), the provisional figures of direct tax collections continue to demonstrate steady growth.
Business news: The central government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said on Sunday (February 11).  In November 2020, PPSL had applied for a licence with the Reserve Bank of India (RBI) to operate as a payment aggregator under the guidelines on Regulation of Payment Aggregators and Payment Gateways. However, in November 2022, RBI rejected PPSL's application and asked the company to resubmit it, so as to comply with Press Note 3 under FDI rules.
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
The banking sector and players in the space should be mindful of legal and cyber risks, and skill gaps emanating from Artificial Intelligence (AI), RBI Deputy Governor T Rabi Sankar has said. "With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it's important to start preparing for it," he said.
New Delhi: Net direct tax collection in the current fiscal year has witnessed a growth of 20 per cent year-on-year to Rs 15.60 lakh crore. This collection is 80.23 per cent of the total revised estimates for the full fiscal year. According to the  Central Board of Direct Taxes (CBDT), the provisional figures of direct tax collections continue to demonstrate steady growth.
Business news: The central government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said on Sunday (February 11).  In November 2020, PPSL had applied for a licence with the Reserve Bank of India (RBI) to operate as a payment aggregator under the guidelines on Regulation of Payment Aggregators and Payment Gateways. However, in November 2022, RBI rejected PPSL's application and asked the company to resubmit it, so as to comply with Press Note 3 under FDI rules.
A parliamentary panel has proposed the implementation of route-specific capping of airfares and the establishment of a distinct regulatory entity to oversee ticket pricing, aiming to address concerns over escalating fares in the aviation sector.
Shares of online food delivery firm Zomato Ltd surged over 5 per cent on Friday following the company's announcement of a consolidated net profit of Rs 138 crore for the third quarter ended December 31, 2023.
Personal loans are invaluable in emergencies, offering crucial financial assistance. They have become readily available for individuals facing sudden monetary needs.
Market regulator Sebi has issued an interim order directing several guest experts who appeared on a media channel to pay up to Rs 7.41 crore, deemed an "unlawful gain" that they acquired by taking positions opposite to the ones they advised on air.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Amidst mounting challenges, Paytm Payments Bank finds itself embroiled in yet another setback as the Employees' Provident Fund Organization (EPFO) has issued a directive instructing its officers to exercise caution when handling claims linked to the Paytm subsidiary.
Retirement fund body Employees' Provident Fund Organisation (EPFO) has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent.
The banking sector and players in the space should be mindful of legal and cyber risks, and skill gaps emanating from Artificial Intelligence (AI), RBI Deputy Governor T Rabi Sankar has said. "With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it's important to start preparing for it," he said.
New Delhi: Net direct tax collection in the current fiscal year has witnessed a growth of 20 per cent year-on-year to Rs 15.60 lakh crore. This collection is 80.23 per cent of the total revised estimates for the full fiscal year. According to the  Central Board of Direct Taxes (CBDT), the provisional figures of direct tax collections continue to demonstrate steady growth.
Business news: The central government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said on Sunday (February 11).  In November 2020, PPSL had applied for a licence with the Reserve Bank of India (RBI) to operate as a payment aggregator under the guidelines on Regulation of Payment Aggregators and Payment Gateways. However, in November 2022, RBI rejected PPSL's application and asked the company to resubmit it, so as to comply with Press Note 3 under FDI rules.
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