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IndiaTV Business: Google News Feed: Digest for March 16, 2024

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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.
Stock markets update: For the second consecutive day, equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50. 
In a significant turnaround, the Indian stock market witnessed a notable rebound on Thursday, with the benchmark Sensex climbing 335 points and the Nifty breaching the 22,100 level. The recovery was primarily driven by increased buying activity in IT and metal shares, marking a resurgence after the previous day's sharp declines.
A report published by the 2023 Global Risk Management Survey showed that cyber attacks and data breaches are the top business risks for organisations in India.  
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. This development comes as Paytm's banking unit faces regulatory action, compelling the company to explore alternative avenues to continue its operations.
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.
Stock markets update: For the second consecutive day, equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50. 
In a significant turnaround, the Indian stock market witnessed a notable rebound on Thursday, with the benchmark Sensex climbing 335 points and the Nifty breaching the 22,100 level. The recovery was primarily driven by increased buying activity in IT and metal shares, marking a resurgence after the previous day's sharp declines.
A report published by the 2023 Global Risk Management Survey showed that cyber attacks and data breaches are the top business risks for organisations in India.  
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. This development comes as Paytm's banking unit faces regulatory action, compelling the company to explore alternative avenues to continue its operations.
Paytm Fastag: The Paytm Payments Bank (PPBL) is barred from accepting new clients and services such as deposits, credit transactions, and FASTag recharges from March 15 will stop, in line with the guidelines issued by the Reserve Bank of India (RBI). With this, the Paytm FASTags users will also not be able to recharge or top-up the balance post-March 15. However, as per the RBI, existing FASTags can still be used for toll payments until the available balance is utilized.
Stock markets: Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
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.
Stock markets update: For the second consecutive day, equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50. 
In a significant turnaround, the Indian stock market witnessed a notable rebound on Thursday, with the benchmark Sensex climbing 335 points and the Nifty breaching the 22,100 level. The recovery was primarily driven by increased buying activity in IT and metal shares, marking a resurgence after the previous day's sharp declines.
A report published by the 2023 Global Risk Management Survey showed that cyber attacks and data breaches are the top business risks for organisations in India.  
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. This development comes as Paytm's banking unit faces regulatory action, compelling the company to explore alternative avenues to continue its operations.
Paytm Fastag: The Paytm Payments Bank (PPBL) is barred from accepting new clients and services such as deposits, credit transactions, and FASTag recharges from March 15 will stop, in line with the guidelines issued by the Reserve Bank of India (RBI). With this, the Paytm FASTags users will also not be able to recharge or top-up the balance post-March 15. However, as per the RBI, existing FASTags can still be used for toll payments until the available balance is utilized.
Stock markets: Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department.
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.
Stock markets update: For the second consecutive day, equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50. 
In a significant turnaround, the Indian stock market witnessed a notable rebound on Thursday, with the benchmark Sensex climbing 335 points and the Nifty breaching the 22,100 level. The recovery was primarily driven by increased buying activity in IT and metal shares, marking a resurgence after the previous day's sharp declines.
A report published by the 2023 Global Risk Management Survey showed that cyber attacks and data breaches are the top business risks for organisations in India.  
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. This development comes as Paytm's banking unit faces regulatory action, compelling the company to explore alternative avenues to continue its operations.
Paytm Fastag: The Paytm Payments Bank (PPBL) is barred from accepting new clients and services such as deposits, credit transactions, and FASTag recharges from March 15 will stop, in line with the guidelines issued by the Reserve Bank of India (RBI). With this, the Paytm FASTags users will also not be able to recharge or top-up the balance post-March 15. However, as per the RBI, existing FASTags can still be used for toll payments until the available balance is utilized.
Stock markets: Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department.
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.
Stock markets update: For the second consecutive day, equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50. 
In a significant turnaround, the Indian stock market witnessed a notable rebound on Thursday, with the benchmark Sensex climbing 335 points and the Nifty breaching the 22,100 level. The recovery was primarily driven by increased buying activity in IT and metal shares, marking a resurgence after the previous day's sharp declines.
A report published by the 2023 Global Risk Management Survey showed that cyber attacks and data breaches are the top business risks for organisations in India.  
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. This development comes as Paytm's banking unit faces regulatory action, compelling the company to explore alternative avenues to continue its operations.
Paytm Fastag: The Paytm Payments Bank (PPBL) is barred from accepting new clients and services such as deposits, credit transactions, and FASTag recharges from March 15 will stop, in line with the guidelines issued by the Reserve Bank of India (RBI). With this, the Paytm FASTags users will also not be able to recharge or top-up the balance post-March 15. However, as per the RBI, existing FASTags can still be used for toll payments until the available balance is utilized.
Stock markets: Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department.
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.
Stock markets update: For the second consecutive day, equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50. 
In a significant turnaround, the Indian stock market witnessed a notable rebound on Thursday, with the benchmark Sensex climbing 335 points and the Nifty breaching the 22,100 level. The recovery was primarily driven by increased buying activity in IT and metal shares, marking a resurgence after the previous day's sharp declines.
A report published by the 2023 Global Risk Management Survey showed that cyber attacks and data breaches are the top business risks for organisations in India.  
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. This development comes as Paytm's banking unit faces regulatory action, compelling the company to explore alternative avenues to continue its operations.
Paytm Fastag: The Paytm Payments Bank (PPBL) is barred from accepting new clients and services such as deposits, credit transactions, and FASTag recharges from March 15 will stop, in line with the guidelines issued by the Reserve Bank of India (RBI). With this, the Paytm FASTags users will also not be able to recharge or top-up the balance post-March 15. However, as per the RBI, existing FASTags can still be used for toll payments until the available balance is utilized.
Stock markets: Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department.
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.
Stock markets update: For the second consecutive day, equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50. 
In a significant turnaround, the Indian stock market witnessed a notable rebound on Thursday, with the benchmark Sensex climbing 335 points and the Nifty breaching the 22,100 level. The recovery was primarily driven by increased buying activity in IT and metal shares, marking a resurgence after the previous day's sharp declines.
A report published by the 2023 Global Risk Management Survey showed that cyber attacks and data breaches are the top business risks for organisations in India.  
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. This development comes as Paytm's banking unit faces regulatory action, compelling the company to explore alternative avenues to continue its operations.
Paytm Fastag: The Paytm Payments Bank (PPBL) is barred from accepting new clients and services such as deposits, credit transactions, and FASTag recharges from March 15 will stop, in line with the guidelines issued by the Reserve Bank of India (RBI). With this, the Paytm FASTags users will also not be able to recharge or top-up the balance post-March 15. However, as per the RBI, existing FASTags can still be used for toll payments until the available balance is utilized.
Stock markets: Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department.
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