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IndiaTV Business: Google News Feed: Digest for February 03, 2024

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Budget 2024: Union Finance Minister Nirmala Sitharaman on Thursday presented the interim Budget in Parliament ahead of the Lok Sabha elections. In her Budget speech, she said that a new scheme will be launched to bolster deep tech for the defence sector. She further said that the government will promote public and private investment in post-harvesting agriculture activities.
Union Finance Minister Nirmala Sitharaman, during the presentation of the interim Budget on Thursday, announced that there would be no changes to taxation, and she proposed to retain the same direct and indirect tax rates, including import duties.
During the presentation of the interim Budget, Finance Minister Nirmala Sitharaman mentioned the government's commitment to the 'Panchamrit' goals and outlined measures to achieve sustainable and resource-efficient economic growth.
Budget 2024: Union Finance Minister Nirmala Sitharaman vowed a commitment to economic reforms aimed at propelling growth in her Budget speech ahead of the upcoming Lok Sabha elections. This Interim Budget for 2024-25 assumes a pivotal role as an economic manifesto for the Bharatiya Janata Party (BJP), offering insights into its plans for fiscal consolidation, borrowing strategies, and the future direction of taxation policies.
Budget 2024: Union Finance Minister Nirmala Sitharaman on Thursday announced the interim budget, Modi government's last one ahead of the Lok Sabha elections, due to be held in April-May.
Following the unveiling of Budget 2024, the Sensex concluded with a decline of 107 points, reaching 71,645.30, while Nifty settled at 21,690.
Finance Minister Nirmala Sitharaman on Friday presented the interim Union Budget 2024 in the Parliament. In her budget speech, the finance minister termed the budget as a vision document for Viksit Bharat. While presenting the budget, she announced that the capital expenditure outlay for the next year is being increased by 11.1 per cent to Rs 11,11,111 crore, which would be  3.4 per cent of the GDP.
Deutsche Bank said on Thursday that it would cut 3,500 jobs as part of efforts to slash costs by 2.5 billion euros (USD 2.7 billion) through next year and boost profits. The announcement comes despite Germany's largest lender benefits from higher global interest rates.
Finance Minister Nirmala Sitharaman has deferred the planned Rs 15,000 crore equity infusion in state-owned fuel retailers to the next financial year.
A group of about six investors in Think and Learn Private Limited, the company behind BYJU's brand, have initiated an extraordinary general meeting (EGM) to address concerns within the edtech major and seek the removal of founders' control over the company, according to sources familiar with the matter.
Budget 2024: Union Finance Minister Nirmala Sitharaman on Thursday announced the interim budget, Modi government's last one ahead of the Lok Sabha elections, due to be held in April-May.
Following the unveiling of Budget 2024, the Sensex concluded with a decline of 107 points, reaching 71,645.30, while Nifty settled at 21,690.
Finance Minister Nirmala Sitharaman on Friday presented the interim Union Budget 2024 in the Parliament. In her budget speech, the finance minister termed the budget as a vision document for Viksit Bharat. While presenting the budget, she announced that the capital expenditure outlay for the next year is being increased by 11.1 per cent to Rs 11,11,111 crore, which would be  3.4 per cent of the GDP.
Deutsche Bank said on Thursday that it would cut 3,500 jobs as part of efforts to slash costs by 2.5 billion euros (USD 2.7 billion) through next year and boost profits. The announcement comes despite Germany's largest lender benefits from higher global interest rates.
Finance Minister Nirmala Sitharaman has deferred the planned Rs 15,000 crore equity infusion in state-owned fuel retailers to the next financial year.
A group of about six investors in Think and Learn Private Limited, the company behind BYJU's brand, have initiated an extraordinary general meeting (EGM) to address concerns within the edtech major and seek the removal of founders' control over the company, according to sources familiar with the matter.
Paytm Payments Bank has reassured its customers that their existing balances are safe, following the Reserve Bank of India's (RBI) directive restricting the bank from accepting new deposits or allowing credit transactions after February 29, 2024.
Benchmark equity indices rebounded strongly in early trade on Friday, following a global market rally and increased buying in Reliance Industries and ICICI Bank. The 30-share BSE Sensex surged by 846.64 points to 72,491.94, while the Nifty rose by 256.55 points to 21,954.
Paytm CEO Vijay Shekhar Sharma reassured users on Friday, addressing concerns after the Reserve Bank of India (RBI) ordered its banking arm to cease accepting new deposits.
The income tax department has collected around Rs 4,600 crore in taxes from 56 lakh updated income tax returns filed by taxpayers in the past two years, according to Nitin Gupta, the Chief of the Central Board of Direct Taxes (CBDT).
Deutsche Bank said on Thursday that it would cut 3,500 jobs as part of efforts to slash costs by 2.5 billion euros (USD 2.7 billion) through next year and boost profits. The announcement comes despite Germany's largest lender benefits from higher global interest rates.
Finance Minister Nirmala Sitharaman has deferred the planned Rs 15,000 crore equity infusion in state-owned fuel retailers to the next financial year.
A group of about six investors in Think and Learn Private Limited, the company behind BYJU's brand, have initiated an extraordinary general meeting (EGM) to address concerns within the edtech major and seek the removal of founders' control over the company, according to sources familiar with the matter.
Paytm Payments Bank has reassured its customers that their existing balances are safe, following the Reserve Bank of India's (RBI) directive restricting the bank from accepting new deposits or allowing credit transactions after February 29, 2024.
Benchmark equity indices rebounded strongly in early trade on Friday, following a global market rally and increased buying in Reliance Industries and ICICI Bank. The 30-share BSE Sensex surged by 846.64 points to 72,491.94, while the Nifty rose by 256.55 points to 21,954.
Paytm CEO Vijay Shekhar Sharma reassured users on Friday, addressing concerns after the Reserve Bank of India (RBI) ordered its banking arm to cease accepting new deposits.
The income tax department has collected around Rs 4,600 crore in taxes from 56 lakh updated income tax returns filed by taxpayers in the past two years, according to Nitin Gupta, the Chief of the Central Board of Direct Taxes (CBDT).
In the late morning trading on Friday, the NSE Nifty surged to a record high by gaining 429 points and trading at 22,126.80, while the BSE Sensex rose by 1,444 points, reaching a day high of 73,089.40.
In response to the Reserve Bank of India's (RBI) recent restrictions on Paytm Payments Bank, Paytm CEO Vijay Shekhar Sharma has reassured users that the Paytm app will continue to operate normally beyond February 29.
Apple's revenue in India reached a record high in the December 2023 quarter, driven by robust sales of iPhones, according to Apple CEO Tim Cook.
Finance Minister Nirmala Sitharaman has deferred the planned Rs 15,000 crore equity infusion in state-owned fuel retailers to the next financial year.
A group of about six investors in Think and Learn Private Limited, the company behind BYJU's brand, have initiated an extraordinary general meeting (EGM) to address concerns within the edtech major and seek the removal of founders' control over the company, according to sources familiar with the matter.
Paytm Payments Bank has reassured its customers that their existing balances are safe, following the Reserve Bank of India's (RBI) directive restricting the bank from accepting new deposits or allowing credit transactions after February 29, 2024.
Benchmark equity indices rebounded strongly in early trade on Friday, following a global market rally and increased buying in Reliance Industries and ICICI Bank. The 30-share BSE Sensex surged by 846.64 points to 72,491.94, while the Nifty rose by 256.55 points to 21,954.
Paytm CEO Vijay Shekhar Sharma reassured users on Friday, addressing concerns after the Reserve Bank of India (RBI) ordered its banking arm to cease accepting new deposits.
The income tax department has collected around Rs 4,600 crore in taxes from 56 lakh updated income tax returns filed by taxpayers in the past two years, according to Nitin Gupta, the Chief of the Central Board of Direct Taxes (CBDT).
In the late morning trading on Friday, the NSE Nifty surged to a record high by gaining 429 points and trading at 22,126.80, while the BSE Sensex rose by 1,444 points, reaching a day high of 73,089.40.
In response to the Reserve Bank of India's (RBI) recent restrictions on Paytm Payments Bank, Paytm CEO Vijay Shekhar Sharma has reassured users that the Paytm app will continue to operate normally beyond February 29.
Apple's revenue in India reached a record high in the December 2023 quarter, driven by robust sales of iPhones, according to Apple CEO Tim Cook.
The government expects the average monthly Goods and Services Tax (GST) collections to increase by 11 per cent to reach around Rs 1.85 lakh crore in the fiscal year 2024-25, compared to approximately Rs 1.66 lakh crore in the current fiscal year, according to Revenue Sanjay Malhotra.
Finance Minister Nirmala Sitharaman has deferred the planned Rs 15,000 crore equity infusion in state-owned fuel retailers to the next financial year.
A group of about six investors in Think and Learn Private Limited, the company behind BYJU's brand, have initiated an extraordinary general meeting (EGM) to address concerns within the edtech major and seek the removal of founders' control over the company, according to sources familiar with the matter.
Paytm Payments Bank has reassured its customers that their existing balances are safe, following the Reserve Bank of India's (RBI) directive restricting the bank from accepting new deposits or allowing credit transactions after February 29, 2024.
Benchmark equity indices rebounded strongly in early trade on Friday, following a global market rally and increased buying in Reliance Industries and ICICI Bank. The 30-share BSE Sensex surged by 846.64 points to 72,491.94, while the Nifty rose by 256.55 points to 21,954.
Paytm CEO Vijay Shekhar Sharma reassured users on Friday, addressing concerns after the Reserve Bank of India (RBI) ordered its banking arm to cease accepting new deposits.
The income tax department has collected around Rs 4,600 crore in taxes from 56 lakh updated income tax returns filed by taxpayers in the past two years, according to Nitin Gupta, the Chief of the Central Board of Direct Taxes (CBDT).
In the late morning trading on Friday, the NSE Nifty surged to a record high by gaining 429 points and trading at 22,126.80, while the BSE Sensex rose by 1,444 points, reaching a day high of 73,089.40.
In response to the Reserve Bank of India's (RBI) recent restrictions on Paytm Payments Bank, Paytm CEO Vijay Shekhar Sharma has reassured users that the Paytm app will continue to operate normally beyond February 29.
Apple's revenue in India reached a record high in the December 2023 quarter, driven by robust sales of iPhones, according to Apple CEO Tim Cook.
The government expects the average monthly Goods and Services Tax (GST) collections to increase by 11 per cent to reach around Rs 1.85 lakh crore in the fiscal year 2024-25, compared to approximately Rs 1.66 lakh crore in the current fiscal year, according to Revenue Sanjay Malhotra.
Finance Minister Nirmala Sitharaman has deferred the planned Rs 15,000 crore equity infusion in state-owned fuel retailers to the next financial year.
A group of about six investors in Think and Learn Private Limited, the company behind BYJU's brand, have initiated an extraordinary general meeting (EGM) to address concerns within the edtech major and seek the removal of founders' control over the company, according to sources familiar with the matter.
Paytm Payments Bank has reassured its customers that their existing balances are safe, following the Reserve Bank of India's (RBI) directive restricting the bank from accepting new deposits or allowing credit transactions after February 29, 2024.
Benchmark equity indices rebounded strongly in early trade on Friday, following a global market rally and increased buying in Reliance Industries and ICICI Bank. The 30-share BSE Sensex surged by 846.64 points to 72,491.94, while the Nifty rose by 256.55 points to 21,954.
Paytm CEO Vijay Shekhar Sharma reassured users on Friday, addressing concerns after the Reserve Bank of India (RBI) ordered its banking arm to cease accepting new deposits.
The income tax department has collected around Rs 4,600 crore in taxes from 56 lakh updated income tax returns filed by taxpayers in the past two years, according to Nitin Gupta, the Chief of the Central Board of Direct Taxes (CBDT).
In the late morning trading on Friday, the NSE Nifty surged to a record high by gaining 429 points and trading at 22,126.80, while the BSE Sensex rose by 1,444 points, reaching a day high of 73,089.40.
In response to the Reserve Bank of India's (RBI) recent restrictions on Paytm Payments Bank, Paytm CEO Vijay Shekhar Sharma has reassured users that the Paytm app will continue to operate normally beyond February 29.
Apple's revenue in India reached a record high in the December 2023 quarter, driven by robust sales of iPhones, according to Apple CEO Tim Cook.
The government expects the average monthly Goods and Services Tax (GST) collections to increase by 11 per cent to reach around Rs 1.85 lakh crore in the fiscal year 2024-25, compared to approximately Rs 1.66 lakh crore in the current fiscal year, according to Revenue Sanjay Malhotra.
Finance Minister Nirmala Sitharaman has deferred the planned Rs 15,000 crore equity infusion in state-owned fuel retailers to the next financial year.
A group of about six investors in Think and Learn Private Limited, the company behind BYJU's brand, have initiated an extraordinary general meeting (EGM) to address concerns within the edtech major and seek the removal of founders' control over the company, according to sources familiar with the matter.
Paytm Payments Bank has reassured its customers that their existing balances are safe, following the Reserve Bank of India's (RBI) directive restricting the bank from accepting new deposits or allowing credit transactions after February 29, 2024.
Benchmark equity indices rebounded strongly in early trade on Friday, following a global market rally and increased buying in Reliance Industries and ICICI Bank. The 30-share BSE Sensex surged by 846.64 points to 72,491.94, while the Nifty rose by 256.55 points to 21,954.
Paytm CEO Vijay Shekhar Sharma reassured users on Friday, addressing concerns after the Reserve Bank of India (RBI) ordered its banking arm to cease accepting new deposits.
The income tax department has collected around Rs 4,600 crore in taxes from 56 lakh updated income tax returns filed by taxpayers in the past two years, according to Nitin Gupta, the Chief of the Central Board of Direct Taxes (CBDT).
In the late morning trading on Friday, the NSE Nifty surged to a record high by gaining 429 points and trading at 22,126.80, while the BSE Sensex rose by 1,444 points, reaching a day high of 73,089.40.
In response to the Reserve Bank of India's (RBI) recent restrictions on Paytm Payments Bank, Paytm CEO Vijay Shekhar Sharma has reassured users that the Paytm app will continue to operate normally beyond February 29.
Apple's revenue in India reached a record high in the December 2023 quarter, driven by robust sales of iPhones, according to Apple CEO Tim Cook.
The government expects the average monthly Goods and Services Tax (GST) collections to increase by 11 per cent to reach around Rs 1.85 lakh crore in the fiscal year 2024-25, compared to approximately Rs 1.66 lakh crore in the current fiscal year, according to Revenue Sanjay Malhotra.
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