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IndiaTV Business: Google News Feed: Digest for February 19, 2024

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Continuing the positive trend, the Sensex surged more than 300 points in early trade on Friday, while the Nifty gained over 80 points, bolstered by encouraging global cues that uplifted investor sentiments.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
Continuing the positive trend, the Sensex surged more than 300 points in early trade on Friday, while the Nifty gained over 80 points, bolstered by encouraging global cues that uplifted investor sentiments.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
Continuing the positive trend, the Sensex surged more than 300 points in early trade on Friday, while the Nifty gained over 80 points, bolstered by encouraging global cues that uplifted investor sentiments.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
India's power consumption increased 7.5 percent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government data. It was 1505.91 BU in the entire fiscal year of 2022-23, the data showed.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
India's power consumption increased 7.5 percent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government data. It was 1505.91 BU in the entire fiscal year of 2022-23, the data showed.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
India's power consumption increased 7.5 percent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government data. It was 1505.91 BU in the entire fiscal year of 2022-23, the data showed.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
India's power consumption increased 7.5 percent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government data. It was 1505.91 BU in the entire fiscal year of 2022-23, the data showed.
The Income Tax Department has reportedly issued notices to individual taxpayers, highlighting discrepancies in their filings for deductions on donations made during FY21-22. These notices specifically flagged donations made to unrecognised political parties, prompting the department to investigate whether such donations were made for tax evasion or money laundering purposes.
The Indian government introduced High-Security Registration Plates (HSRP) a few years ago to address identification issues with vehicle number plates. These plates are equipped with special features like a 3D hologram and a laser-etched serial number to prevent tampering and enhance security.
State Bank of India (SBI) chairman Dinesh Khara said on Friday that the bank is currently in discussions with the Reserve Bank of India (RBI) regarding a potential reduction in the cash reserve ratio (CRR) requirement for green deposits.
Funding conditions in India may significantly impact loan growth for banks in the country, potentially leading to a moderation in credit expansion by 200 basis points in the upcoming fiscal year, according to S&P Global Ratings.
SpiceJet promoter Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited, has submitted a bid to acquire bankrupt airlines GoFirst.
The Reserve Bank of India has given 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions and top-ups in customer accounts, and extended the date to March 15 from the earlier stipulated timeline of February 29, 2024. RBI has also issued an FAQ in the Paytm case.
Paytm news: The Reserve Bank of India (RBI) today (February 16) gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 (Friday) from the earlier date of February 29. The central bank also issued a set of frequently asked questions (FAQs) after several queries were sent by customers to the bank. 
Paytm Payments Bank has been given more time by the Reserve Bank of India to wind down its operations, while its parent company has signed on a new banking partner aiming to keep some of its popular products running and survive its current crisis. The RBI in January ordered Paytm Payments Bank, an associate of One 97 Communications (OCL) to stop accepting any new deposits in its accounts, or wallets, from February 29. The RBI extended the deadline to March 15 on Friday.
Himachal Budget 2024: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu today (February 17) presented the annual state Budget of Rs 58,444 crore for 2024-25 with a focus on the agriculture and rural sectors, and announced an increase in the Minimum Support Price (MSP) for milk. The government did not propose any new tax for the next fiscal.
India's power consumption increased 7.5 percent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government data. It was 1505.91 BU in the entire fiscal year of 2022-23, the data showed.
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