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IndiaTV Business: Google News Feed: Digest for February 20, 2024

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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.
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.
India needs to grow at an annual rate of 9-10 per cent for around three decades and through constant innovations to become a USD 35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday.
India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar.
The Indian Highways Management Company Ltd (IHMCL), responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank (PPBL) for seamless travel. The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
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.
India needs to grow at an annual rate of 9-10 per cent for around three decades and through constant innovations to become a USD 35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday.
India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar.
The Indian Highways Management Company Ltd (IHMCL), responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank (PPBL) for seamless travel. The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
The Sensex and Nifty experienced marginal gains in early trading on Monday as investors sought firm cues amidst mixed trends in Asian markets. The 30-share Sensex edged up by 23.96 points, or 0.03 per cent to reach 72,450.60 points, with 16 constituents trading positively. Bharti Airtel and Bajaj Finance saw increases of over 1 percent.
The Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), advised highway users to obtain FASTags from 32 authorised banks instead of Paytm Payments Bank (PPBL). This recommendation followed the Reserve Bank of India's (RBI) directive for PPBL to cease accepting deposits and top-ups from customers after February 29, later extended to March 15. Subsequently, Paytm FASTags will cease to function.
The GPT Healthcare IPO has set its price band between Rs 177 to Rs 186 per equity share with a face value of Rs 10. The subscription period for the IPO is scheduled from Thursday, February 22, to Monday, February 26, while the allocation to anchor investors will take place on Wednesday, February 21.
The Reserve Bank of India (RBI) annually releases a list of bank holidays, including gazette public holidays and notable festivals. However, this list does not encompass state-wise holidays, which may vary depending on regional festivals and occasions.
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.
India needs to grow at an annual rate of 9-10 per cent for around three decades and through constant innovations to become a USD 35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday.
India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar.
The Indian Highways Management Company Ltd (IHMCL), responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank (PPBL) for seamless travel. The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
The Sensex and Nifty experienced marginal gains in early trading on Monday as investors sought firm cues amidst mixed trends in Asian markets. The 30-share Sensex edged up by 23.96 points, or 0.03 per cent to reach 72,450.60 points, with 16 constituents trading positively. Bharti Airtel and Bajaj Finance saw increases of over 1 percent.
The Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), advised highway users to obtain FASTags from 32 authorised banks instead of Paytm Payments Bank (PPBL). This recommendation followed the Reserve Bank of India's (RBI) directive for PPBL to cease accepting deposits and top-ups from customers after February 29, later extended to March 15. Subsequently, Paytm FASTags will cease to function.
The GPT Healthcare IPO has set its price band between Rs 177 to Rs 186 per equity share with a face value of Rs 10. The subscription period for the IPO is scheduled from Thursday, February 22, to Monday, February 26, while the allocation to anchor investors will take place on Wednesday, February 21.
The Reserve Bank of India (RBI) annually releases a list of bank holidays, including gazette public holidays and notable festivals. However, this list does not encompass state-wise holidays, which may vary depending on regional festivals and occasions.
Edtech giant Think and Learn, operating under the BYJU'S brand name, has secured a commitment of USD 300 million from investors for its ongoing rights issue, which is set to conclude by the end of February. Sources familiar with the matter disclosed this development.
Kalahridhaan Trendz IPO is priced at Rs 45 per share, with the subscription period running from February 15 to February 20, and a lot size of 3,000 shares. Investors can bid for a minimum of 3,000 shares and in multiples thereof in the IPO.
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.
India needs to grow at an annual rate of 9-10 per cent for around three decades and through constant innovations to become a USD 35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday.
India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar.
The Indian Highways Management Company Ltd (IHMCL), responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank (PPBL) for seamless travel. The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
The Sensex and Nifty experienced marginal gains in early trading on Monday as investors sought firm cues amidst mixed trends in Asian markets. The 30-share Sensex edged up by 23.96 points, or 0.03 per cent to reach 72,450.60 points, with 16 constituents trading positively. Bharti Airtel and Bajaj Finance saw increases of over 1 percent.
The Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), advised highway users to obtain FASTags from 32 authorised banks instead of Paytm Payments Bank (PPBL). This recommendation followed the Reserve Bank of India's (RBI) directive for PPBL to cease accepting deposits and top-ups from customers after February 29, later extended to March 15. Subsequently, Paytm FASTags will cease to function.
The GPT Healthcare IPO has set its price band between Rs 177 to Rs 186 per equity share with a face value of Rs 10. The subscription period for the IPO is scheduled from Thursday, February 22, to Monday, February 26, while the allocation to anchor investors will take place on Wednesday, February 21.
The Reserve Bank of India (RBI) annually releases a list of bank holidays, including gazette public holidays and notable festivals. However, this list does not encompass state-wise holidays, which may vary depending on regional festivals and occasions.
Edtech giant Think and Learn, operating under the BYJU'S brand name, has secured a commitment of USD 300 million from investors for its ongoing rights issue, which is set to conclude by the end of February. Sources familiar with the matter disclosed this development.
Kalahridhaan Trendz IPO is priced at Rs 45 per share, with the subscription period running from February 15 to February 20, and a lot size of 3,000 shares. Investors can bid for a minimum of 3,000 shares and in multiples thereof in the IPO.
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.
India needs to grow at an annual rate of 9-10 per cent for around three decades and through constant innovations to become a USD 35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday.
India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar.
The Indian Highways Management Company Ltd (IHMCL), responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank (PPBL) for seamless travel. The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
The Sensex and Nifty experienced marginal gains in early trading on Monday as investors sought firm cues amidst mixed trends in Asian markets. The 30-share Sensex edged up by 23.96 points, or 0.03 per cent to reach 72,450.60 points, with 16 constituents trading positively. Bharti Airtel and Bajaj Finance saw increases of over 1 percent.
The Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), advised highway users to obtain FASTags from 32 authorised banks instead of Paytm Payments Bank (PPBL). This recommendation followed the Reserve Bank of India's (RBI) directive for PPBL to cease accepting deposits and top-ups from customers after February 29, later extended to March 15. Subsequently, Paytm FASTags will cease to function.
The GPT Healthcare IPO has set its price band between Rs 177 to Rs 186 per equity share with a face value of Rs 10. The subscription period for the IPO is scheduled from Thursday, February 22, to Monday, February 26, while the allocation to anchor investors will take place on Wednesday, February 21.
The Reserve Bank of India (RBI) annually releases a list of bank holidays, including gazette public holidays and notable festivals. However, this list does not encompass state-wise holidays, which may vary depending on regional festivals and occasions.
Edtech giant Think and Learn, operating under the BYJU'S brand name, has secured a commitment of USD 300 million from investors for its ongoing rights issue, which is set to conclude by the end of February. Sources familiar with the matter disclosed this development.
Kalahridhaan Trendz IPO is priced at Rs 45 per share, with the subscription period running from February 15 to February 20, and a lot size of 3,000 shares. Investors can bid for a minimum of 3,000 shares and in multiples thereof in the IPO.
India needs to grow at an annual rate of 9-10 per cent for around three decades and through constant innovations to become a USD 35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday.
India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar.
The Indian Highways Management Company Ltd (IHMCL), responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank (PPBL) for seamless travel. The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
The Sensex and Nifty experienced marginal gains in early trading on Monday as investors sought firm cues amidst mixed trends in Asian markets. The 30-share Sensex edged up by 23.96 points, or 0.03 per cent to reach 72,450.60 points, with 16 constituents trading positively. Bharti Airtel and Bajaj Finance saw increases of over 1 percent.
The Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), advised highway users to obtain FASTags from 32 authorised banks instead of Paytm Payments Bank (PPBL). This recommendation followed the Reserve Bank of India's (RBI) directive for PPBL to cease accepting deposits and top-ups from customers after February 29, later extended to March 15. Subsequently, Paytm FASTags will cease to function.
The GPT Healthcare IPO has set its price band between Rs 177 to Rs 186 per equity share with a face value of Rs 10. The subscription period for the IPO is scheduled from Thursday, February 22, to Monday, February 26, while the allocation to anchor investors will take place on Wednesday, February 21.
The Reserve Bank of India (RBI) annually releases a list of bank holidays, including gazette public holidays and notable festivals. However, this list does not encompass state-wise holidays, which may vary depending on regional festivals and occasions.
Edtech giant Think and Learn, operating under the BYJU'S brand name, has secured a commitment of USD 300 million from investors for its ongoing rights issue, which is set to conclude by the end of February. Sources familiar with the matter disclosed this development.
Kalahridhaan Trendz IPO is priced at Rs 45 per share, with the subscription period running from February 15 to February 20, and a lot size of 3,000 shares. Investors can bid for a minimum of 3,000 shares and in multiples thereof in the IPO.
Amid allegations levelled by West Bengal Chief Minister Mamata Banerjee regarding the "deactivation" of Aadhaar cards of SC-STs and minorities of the state ahead of the Lok Sabha polls, Unique Identification Authority of India (UIDAI) on Monday (February 19) clarified that to keep the Aadhaar database updated, intimations are issued to Aadhaar number holders from time to time, but no number has been cancelled.
India needs to grow at an annual rate of 9-10 per cent for around three decades and through constant innovations to become a USD 35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday.
India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar.
The Indian Highways Management Company Ltd (IHMCL), responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank (PPBL) for seamless travel. The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
The Sensex and Nifty experienced marginal gains in early trading on Monday as investors sought firm cues amidst mixed trends in Asian markets. The 30-share Sensex edged up by 23.96 points, or 0.03 per cent to reach 72,450.60 points, with 16 constituents trading positively. Bharti Airtel and Bajaj Finance saw increases of over 1 percent.
The Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), advised highway users to obtain FASTags from 32 authorised banks instead of Paytm Payments Bank (PPBL). This recommendation followed the Reserve Bank of India's (RBI) directive for PPBL to cease accepting deposits and top-ups from customers after February 29, later extended to March 15. Subsequently, Paytm FASTags will cease to function.
The GPT Healthcare IPO has set its price band between Rs 177 to Rs 186 per equity share with a face value of Rs 10. The subscription period for the IPO is scheduled from Thursday, February 22, to Monday, February 26, while the allocation to anchor investors will take place on Wednesday, February 21.
The Reserve Bank of India (RBI) annually releases a list of bank holidays, including gazette public holidays and notable festivals. However, this list does not encompass state-wise holidays, which may vary depending on regional festivals and occasions.
Edtech giant Think and Learn, operating under the BYJU'S brand name, has secured a commitment of USD 300 million from investors for its ongoing rights issue, which is set to conclude by the end of February. Sources familiar with the matter disclosed this development.
Kalahridhaan Trendz IPO is priced at Rs 45 per share, with the subscription period running from February 15 to February 20, and a lot size of 3,000 shares. Investors can bid for a minimum of 3,000 shares and in multiples thereof in the IPO.
Amid allegations levelled by West Bengal Chief Minister Mamata Banerjee regarding the "deactivation" of Aadhaar cards of SC-STs and minorities of the state ahead of the Lok Sabha polls, Unique Identification Authority of India (UIDAI) on Monday (February 19) clarified that to keep the Aadhaar database updated, intimations are issued to Aadhaar number holders from time to time, but no number has been cancelled.
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