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IndiaTV Business: Google News Feed: Digest for March 14, 2024

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Stock markets: Equity benchmark indices Sensex and Nifty hit fresh record highs on Thursday amid strong global cues. The 30-share BSE Sensex climbed 159.18 points to reach an all-time peak of 74,245.17 in early trade. The Nifty went up by 49.6 points to 22,523.65.
The Modi Cabinet on Thursday announced an increase in Dearness Allowance (DA) of Central government employees by four per cent to 50 per cent. The increased DA will be effective from January 1, 2024.
As Mahashivratri approaches on March 8th, several states across India have announced bank closures in observance of the festival. The decision to close banks during this period is determined by state governments in conjunction with the Reserve Bank of India (RBI). According to the RBI's holiday list for March, banks will be closed for a total of 14 days across various states.
The Centre on Friday informed that the interest rate on small savings schemes will remain unchanged for the quarter beginning April 1. A notification in this regard has been issued by the finance ministry.
Intellectual property rights (IPR) laws, the policy are all being given a certain push as research and development are happening in very big scale in India now because the environment is being made conducive for that purpose, Finance Minister Nirmala Sitharaman said on Saturday.
New Delhi: In a major boost in India's advancing trade footprints, New Delhi and a trade group of four European nations signed an economic agreement on Sunday. The development came after 16 years of negotiations aimed at increasing trade and investment, said Union Minister for Trade Piyush Goyal. Notably,  the two sides began negotiations for a trade treaty in 2008. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, Goyal said. 
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points. 
SpiceJet Airline's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from their posts, as per reports. However, the airline is yet to make any official statement on the development. This comes as the airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds. Earlier also, both Kashyap and Bhatia had quit the carrier and rejoined later.
Stock markets: Equity benchmark indices climbed in early trade on Tuesday amid positive global cues. The 30-share BSE Sensex advanced 139.63 points to 73,642.27 in early trade. Meanwhile, the Nifty climbed 25.85 points to 22,358.50.
The latest government data showed that industrial production grew 3.8 per cent in January against a 5.8 per cent expansion a year ago. The retail inflation remains almost unchanged at 5.09 per cent in February compared to 5.1 per cent in January, it added.
The Modi Cabinet on Thursday announced an increase in Dearness Allowance (DA) of Central government employees by four per cent to 50 per cent. The increased DA will be effective from January 1, 2024.
As Mahashivratri approaches on March 8th, several states across India have announced bank closures in observance of the festival. The decision to close banks during this period is determined by state governments in conjunction with the Reserve Bank of India (RBI). According to the RBI's holiday list for March, banks will be closed for a total of 14 days across various states.
The Centre on Friday informed that the interest rate on small savings schemes will remain unchanged for the quarter beginning April 1. A notification in this regard has been issued by the finance ministry.
Intellectual property rights (IPR) laws, the policy are all being given a certain push as research and development are happening in very big scale in India now because the environment is being made conducive for that purpose, Finance Minister Nirmala Sitharaman said on Saturday.
New Delhi: In a major boost in India's advancing trade footprints, New Delhi and a trade group of four European nations signed an economic agreement on Sunday. The development came after 16 years of negotiations aimed at increasing trade and investment, said Union Minister for Trade Piyush Goyal. Notably,  the two sides began negotiations for a trade treaty in 2008. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, Goyal said. 
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points. 
SpiceJet Airline's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from their posts, as per reports. However, the airline is yet to make any official statement on the development. This comes as the airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds. Earlier also, both Kashyap and Bhatia had quit the carrier and rejoined later.
Stock markets: Equity benchmark indices climbed in early trade on Tuesday amid positive global cues. The 30-share BSE Sensex advanced 139.63 points to 73,642.27 in early trade. Meanwhile, the Nifty climbed 25.85 points to 22,358.50.
The latest government data showed that industrial production grew 3.8 per cent in January against a 5.8 per cent expansion a year ago. The retail inflation remains almost unchanged at 5.09 per cent in February compared to 5.1 per cent in January, it added.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday amid firm global market trends and continuous foreign fund inflows. Also, heavy buying in ITC added to the overall positive momentum in the equity market.
As Mahashivratri approaches on March 8th, several states across India have announced bank closures in observance of the festival. The decision to close banks during this period is determined by state governments in conjunction with the Reserve Bank of India (RBI). According to the RBI's holiday list for March, banks will be closed for a total of 14 days across various states.
The Centre on Friday informed that the interest rate on small savings schemes will remain unchanged for the quarter beginning April 1. A notification in this regard has been issued by the finance ministry.
Intellectual property rights (IPR) laws, the policy are all being given a certain push as research and development are happening in very big scale in India now because the environment is being made conducive for that purpose, Finance Minister Nirmala Sitharaman said on Saturday.
New Delhi: In a major boost in India's advancing trade footprints, New Delhi and a trade group of four European nations signed an economic agreement on Sunday. The development came after 16 years of negotiations aimed at increasing trade and investment, said Union Minister for Trade Piyush Goyal. Notably,  the two sides began negotiations for a trade treaty in 2008. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, Goyal said. 
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points. 
SpiceJet Airline's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from their posts, as per reports. However, the airline is yet to make any official statement on the development. This comes as the airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds. Earlier also, both Kashyap and Bhatia had quit the carrier and rejoined later.
Stock markets: Equity benchmark indices climbed in early trade on Tuesday amid positive global cues. The 30-share BSE Sensex advanced 139.63 points to 73,642.27 in early trade. Meanwhile, the Nifty climbed 25.85 points to 22,358.50.
The latest government data showed that industrial production grew 3.8 per cent in January against a 5.8 per cent expansion a year ago. The retail inflation remains almost unchanged at 5.09 per cent in February compared to 5.1 per cent in January, it added.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday amid firm global market trends and continuous foreign fund inflows. Also, heavy buying in ITC added to the overall positive momentum in the equity market.
FASTags authorised banks: The National Highway Authority of India (NHAI) has updated the list of authorized banks and non-banking financial companies (NBFCs) which can issue FASTags. The revised list does not include Paytm Payments Bank has been removed from the list of authorised banks for FASTags.  The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
The Centre on Friday informed that the interest rate on small savings schemes will remain unchanged for the quarter beginning April 1. A notification in this regard has been issued by the finance ministry.
Intellectual property rights (IPR) laws, the policy are all being given a certain push as research and development are happening in very big scale in India now because the environment is being made conducive for that purpose, Finance Minister Nirmala Sitharaman said on Saturday.
New Delhi: In a major boost in India's advancing trade footprints, New Delhi and a trade group of four European nations signed an economic agreement on Sunday. The development came after 16 years of negotiations aimed at increasing trade and investment, said Union Minister for Trade Piyush Goyal. Notably,  the two sides began negotiations for a trade treaty in 2008. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, Goyal said. 
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points. 
SpiceJet Airline's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from their posts, as per reports. However, the airline is yet to make any official statement on the development. This comes as the airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds. Earlier also, both Kashyap and Bhatia had quit the carrier and rejoined later.
Stock markets: Equity benchmark indices climbed in early trade on Tuesday amid positive global cues. The 30-share BSE Sensex advanced 139.63 points to 73,642.27 in early trade. Meanwhile, the Nifty climbed 25.85 points to 22,358.50.
The latest government data showed that industrial production grew 3.8 per cent in January against a 5.8 per cent expansion a year ago. The retail inflation remains almost unchanged at 5.09 per cent in February compared to 5.1 per cent in January, it added.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday amid firm global market trends and continuous foreign fund inflows. Also, heavy buying in ITC added to the overall positive momentum in the equity market.
FASTags authorised banks: The National Highway Authority of India (NHAI) has updated the list of authorized banks and non-banking financial companies (NBFCs) which can issue FASTags. The revised list does not include Paytm Payments Bank has been removed from the list of authorised banks for FASTags.  The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
In a dramatic turn of events, the Indian stock market witnessed a significant plunge on Wednesday, with the Sensex plummeting by 906 points and the Nifty dipping below the crucial 22,000 mark. The sharp decline in the indices resulted in investors suffering losses amounting to a staggering Rs 21 trillion over just three days.
The Centre on Friday informed that the interest rate on small savings schemes will remain unchanged for the quarter beginning April 1. A notification in this regard has been issued by the finance ministry.
Intellectual property rights (IPR) laws, the policy are all being given a certain push as research and development are happening in very big scale in India now because the environment is being made conducive for that purpose, Finance Minister Nirmala Sitharaman said on Saturday.
New Delhi: In a major boost in India's advancing trade footprints, New Delhi and a trade group of four European nations signed an economic agreement on Sunday. The development came after 16 years of negotiations aimed at increasing trade and investment, said Union Minister for Trade Piyush Goyal. Notably,  the two sides began negotiations for a trade treaty in 2008. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, Goyal said. 
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points. 
SpiceJet Airline's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from their posts, as per reports. However, the airline is yet to make any official statement on the development. This comes as the airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds. Earlier also, both Kashyap and Bhatia had quit the carrier and rejoined later.
Stock markets: Equity benchmark indices climbed in early trade on Tuesday amid positive global cues. The 30-share BSE Sensex advanced 139.63 points to 73,642.27 in early trade. Meanwhile, the Nifty climbed 25.85 points to 22,358.50.
The latest government data showed that industrial production grew 3.8 per cent in January against a 5.8 per cent expansion a year ago. The retail inflation remains almost unchanged at 5.09 per cent in February compared to 5.1 per cent in January, it added.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday amid firm global market trends and continuous foreign fund inflows. Also, heavy buying in ITC added to the overall positive momentum in the equity market.
FASTags authorised banks: The National Highway Authority of India (NHAI) has updated the list of authorized banks and non-banking financial companies (NBFCs) which can issue FASTags. The revised list does not include Paytm Payments Bank has been removed from the list of authorised banks for FASTags.  The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
In a dramatic turn of events, the Indian stock market witnessed a significant plunge on Wednesday, with the Sensex plummeting by 906 points and the Nifty dipping below the crucial 22,000 mark. The sharp decline in the indices resulted in investors suffering losses amounting to a staggering Rs 21 trillion over just three days.
Intellectual property rights (IPR) laws, the policy are all being given a certain push as research and development are happening in very big scale in India now because the environment is being made conducive for that purpose, Finance Minister Nirmala Sitharaman said on Saturday.
New Delhi: In a major boost in India's advancing trade footprints, New Delhi and a trade group of four European nations signed an economic agreement on Sunday. The development came after 16 years of negotiations aimed at increasing trade and investment, said Union Minister for Trade Piyush Goyal. Notably,  the two sides began negotiations for a trade treaty in 2008. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, Goyal said. 
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points. 
SpiceJet Airline's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from their posts, as per reports. However, the airline is yet to make any official statement on the development. This comes as the airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds. Earlier also, both Kashyap and Bhatia had quit the carrier and rejoined later.
Stock markets: Equity benchmark indices climbed in early trade on Tuesday amid positive global cues. The 30-share BSE Sensex advanced 139.63 points to 73,642.27 in early trade. Meanwhile, the Nifty climbed 25.85 points to 22,358.50.
The latest government data showed that industrial production grew 3.8 per cent in January against a 5.8 per cent expansion a year ago. The retail inflation remains almost unchanged at 5.09 per cent in February compared to 5.1 per cent in January, it added.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday amid firm global market trends and continuous foreign fund inflows. Also, heavy buying in ITC added to the overall positive momentum in the equity market.
FASTags authorised banks: The National Highway Authority of India (NHAI) has updated the list of authorized banks and non-banking financial companies (NBFCs) which can issue FASTags. The revised list does not include Paytm Payments Bank has been removed from the list of authorised banks for FASTags.  The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
In a dramatic turn of events, the Indian stock market witnessed a significant plunge on Wednesday, with the Sensex plummeting by 906 points and the Nifty dipping below the crucial 22,000 mark. The sharp decline in the indices resulted in investors suffering losses amounting to a staggering Rs 21 trillion over just three days.
The Hyderabad data centre of AdaniConneX – the joint venture between the Adani Group, India's largest private infrastructure and energy provider, and EdgeConneX, one of the world's largest private data centre operators – has received a Five-Star grade in the Occupational Health and Safety Audit conducted by the British Safety Council. This global recognition makes AdaniConneX's Hyderabad site the first data centre in India to receive such an honour and demonstrates its commitment to the continual improvement of health and safety management systems and associated arrangements.
Intellectual property rights (IPR) laws, the policy are all being given a certain push as research and development are happening in very big scale in India now because the environment is being made conducive for that purpose, Finance Minister Nirmala Sitharaman said on Saturday.
New Delhi: In a major boost in India's advancing trade footprints, New Delhi and a trade group of four European nations signed an economic agreement on Sunday. The development came after 16 years of negotiations aimed at increasing trade and investment, said Union Minister for Trade Piyush Goyal. Notably,  the two sides began negotiations for a trade treaty in 2008. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, Goyal said. 
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points. 
SpiceJet Airline's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from their posts, as per reports. However, the airline is yet to make any official statement on the development. This comes as the airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds. Earlier also, both Kashyap and Bhatia had quit the carrier and rejoined later.
Stock markets: Equity benchmark indices climbed in early trade on Tuesday amid positive global cues. The 30-share BSE Sensex advanced 139.63 points to 73,642.27 in early trade. Meanwhile, the Nifty climbed 25.85 points to 22,358.50.
The latest government data showed that industrial production grew 3.8 per cent in January against a 5.8 per cent expansion a year ago. The retail inflation remains almost unchanged at 5.09 per cent in February compared to 5.1 per cent in January, it added.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday amid firm global market trends and continuous foreign fund inflows. Also, heavy buying in ITC added to the overall positive momentum in the equity market.
FASTags authorised banks: The National Highway Authority of India (NHAI) has updated the list of authorized banks and non-banking financial companies (NBFCs) which can issue FASTags. The revised list does not include Paytm Payments Bank has been removed from the list of authorised banks for FASTags.  The list of authorised banks includes Airtel Payments Bank, HDFC Bank, ICICI Bank, and the State Bank of India, among others.
In a dramatic turn of events, the Indian stock market witnessed a significant plunge on Wednesday, with the Sensex plummeting by 906 points and the Nifty dipping below the crucial 22,000 mark. The sharp decline in the indices resulted in investors suffering losses amounting to a staggering Rs 21 trillion over just three days.
The Hyderabad data centre of AdaniConneX – the joint venture between the Adani Group, India's largest private infrastructure and energy provider, and EdgeConneX, one of the world's largest private data centre operators – has received a Five-Star grade in the Occupational Health and Safety Audit conducted by the British Safety Council. This global recognition makes AdaniConneX's Hyderabad site the first data centre in India to receive such an honour and demonstrates its commitment to the continual improvement of health and safety management systems and associated arrangements.
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