-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

IndiaTV Business: Google News Feed: Digest for April 23, 2024

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
Smallcap speciality chemicals manufacturer Vikas Lifeacre has announced its foray into the UAE market by setting up a subsidiary.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
Smallcap speciality chemicals manufacturer Vikas Lifeacre has announced its foray into the UAE market by setting up a subsidiary.

Sensex surges by 639.85 points in early trading session

Monday 22 April 2024 04:25 AM UTC+00
The Sensex, India's benchmark stock index, soared by 639.85 points to reach 73,728.18 in early trade today. This substantial surge reflects the positive sentiment prevailing in the market, buoyed by various factors including robust corporate earnings and optimistic economic outlook.
Mukesh Ambani-led Reliance Industries Ltd. is all set to announce its financial results for the fourth quarter ending March today. The declaration is expected post market hours, marking a significant event for investors and stakeholders. Reliance Industries shares have demonstrated an impressive growth trajectory, surging by 30% over the past six months and nearing their all-time high levels of Rs 3,024. This surge underscores the company's robust performance and investor confidence.
In a significant move aimed at expanding the health insurance market and providing greater financial security against healthcare expenses, the Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for individuals purchasing health insurance policies. This departure from conventional norms represented a fundamental shift in the insurance landscape, which previously restricted individuals from accessing comprehensive coverage beyond the age of 65.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
Smallcap speciality chemicals manufacturer Vikas Lifeacre has announced its foray into the UAE market by setting up a subsidiary.

Sensex surges by 639.85 points in early trading session

Monday 22 April 2024 04:25 AM UTC+00
In a positive start to the week, benchmark indices Sensex and Nifty witnessed a climb in early trade on Monday, buoyed by a rally in Asian markets, a decrease in Brent crude oil prices, and increased buying by foreign investors. The 30-share BSE Sensex surged by 639.85 points to 73,728.18, building on its previous day's rebound. Meanwhile, the NSE Nifty rose by 190.1 points to 22,337.10, extending its upward trajectory.
Mukesh Ambani-led Reliance Industries Ltd. is all set to announce its financial results for the fourth quarter ending March today. The declaration is expected post market hours, marking a significant event for investors and stakeholders. Reliance Industries shares have demonstrated an impressive growth trajectory, surging by 30% over the past six months and nearing their all-time high levels of Rs 3,024. This surge underscores the company's robust performance and investor confidence.
In a significant move aimed at expanding the health insurance market and providing greater financial security against healthcare expenses, the Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for individuals purchasing health insurance policies. This departure from conventional norms represented a fundamental shift in the insurance landscape, which previously restricted individuals from accessing comprehensive coverage beyond the age of 65.
India's net direct tax collections surged by a massive 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, surpassing even revised estimates by a wide margin, the tax department said on Sunday. Net collections of income and corporate taxes, which make up for most of the direct taxes, in 2023-24 financial year exceeded the Budget estimates by Rs 1.35 lakh crore (7.40 per cent) and the revised estimates by Rs 13,000 crore.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
Smallcap speciality chemicals manufacturer Vikas Lifeacre has announced its foray into the UAE market by setting up a subsidiary.

Sensex surges by 639.85 points in early trading session

Monday 22 April 2024 04:25 AM UTC+00
In a positive start to the week, benchmark indices Sensex and Nifty witnessed a climb in early trade on Monday, buoyed by a rally in Asian markets, a decrease in Brent crude oil prices, and increased buying by foreign investors. The 30-share BSE Sensex surged by 639.85 points to 73,728.18, building on its previous day's rebound. Meanwhile, the NSE Nifty rose by 190.1 points to 22,337.10, extending its upward trajectory.
Mukesh Ambani-led Reliance Industries Ltd. is all set to announce its financial results for the fourth quarter ending March today. The declaration is expected post market hours, marking a significant event for investors and stakeholders. Reliance Industries shares have demonstrated an impressive growth trajectory, surging by 30% over the past six months and nearing their all-time high levels of Rs 3,024. This surge underscores the company's robust performance and investor confidence.
In a significant move aimed at expanding the health insurance market and providing greater financial security against healthcare expenses, the Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for individuals purchasing health insurance policies. This departure from conventional norms represented a fundamental shift in the insurance landscape, which previously restricted individuals from accessing comprehensive coverage beyond the age of 65.
India's net direct tax collections surged by a massive 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, surpassing even revised estimates by a wide margin, the tax department said on Sunday. Net collections of income and corporate taxes, which make up for most of the direct taxes, in 2023-24 financial year exceeded the Budget estimates by Rs 1.35 lakh crore (7.40 per cent) and the revised estimates by Rs 13,000 crore.
Reliance Jio, India's leading telecom operator, reported a 13 per cent increase in standalone net profit for the March quarter, reaching Rs 5,337 crore. The company's revenue from operations for Q4FY24 also saw a significant rise, standing at Rs 25,959 crore, marking an 11 per cent increase compared to the same period last year. 
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
Smallcap speciality chemicals manufacturer Vikas Lifeacre has announced its foray into the UAE market by setting up a subsidiary.

Sensex surges by 639.85 points in early trading session

Monday 22 April 2024 04:25 AM UTC+00
In a positive start to the week, benchmark indices Sensex and Nifty witnessed a climb in early trade on Monday, buoyed by a rally in Asian markets, a decrease in Brent crude oil prices, and increased buying by foreign investors. The 30-share BSE Sensex surged by 639.85 points to 73,728.18, building on its previous day's rebound. Meanwhile, the NSE Nifty rose by 190.1 points to 22,337.10, extending its upward trajectory.
Mukesh Ambani-led Reliance Industries Ltd. is all set to announce its financial results for the fourth quarter ending March today. The declaration is expected post market hours, marking a significant event for investors and stakeholders. Reliance Industries shares have demonstrated an impressive growth trajectory, surging by 30% over the past six months and nearing their all-time high levels of Rs 3,024. This surge underscores the company's robust performance and investor confidence.
In a significant move aimed at expanding the health insurance market and providing greater financial security against healthcare expenses, the Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for individuals purchasing health insurance policies. This departure from conventional norms represented a fundamental shift in the insurance landscape, which previously restricted individuals from accessing comprehensive coverage beyond the age of 65.
India's net direct tax collections surged by a massive 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, surpassing even revised estimates by a wide margin, the tax department said on Sunday. Net collections of income and corporate taxes, which make up for most of the direct taxes, in 2023-24 financial year exceeded the Budget estimates by Rs 1.35 lakh crore (7.40 per cent) and the revised estimates by Rs 13,000 crore.
Reliance Jio, India's leading telecom operator, reported a 13 per cent increase in standalone net profit for the March quarter, reaching Rs 5,337 crore. The company's revenue from operations for Q4FY24 also saw a significant rise, standing at Rs 25,959 crore, marking an 11 per cent increase compared to the same period last year. 
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
Smallcap speciality chemicals manufacturer Vikas Lifeacre has announced its foray into the UAE market by setting up a subsidiary.

Sensex surges by 639.85 points in early trading session

Monday 22 April 2024 04:25 AM UTC+00
In a positive start to the week, benchmark indices Sensex and Nifty witnessed a climb in early trade on Monday, buoyed by a rally in Asian markets, a decrease in Brent crude oil prices, and increased buying by foreign investors. The 30-share BSE Sensex surged by 639.85 points to 73,728.18, building on its previous day's rebound. Meanwhile, the NSE Nifty rose by 190.1 points to 22,337.10, extending its upward trajectory.
Mukesh Ambani-led Reliance Industries Ltd. is all set to announce its financial results for the fourth quarter ending March today. The declaration is expected post market hours, marking a significant event for investors and stakeholders. Reliance Industries shares have demonstrated an impressive growth trajectory, surging by 30% over the past six months and nearing their all-time high levels of Rs 3,024. This surge underscores the company's robust performance and investor confidence.
In a significant move aimed at expanding the health insurance market and providing greater financial security against healthcare expenses, the Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for individuals purchasing health insurance policies. This departure from conventional norms represented a fundamental shift in the insurance landscape, which previously restricted individuals from accessing comprehensive coverage beyond the age of 65.
India's net direct tax collections surged by a massive 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, surpassing even revised estimates by a wide margin, the tax department said on Sunday. Net collections of income and corporate taxes, which make up for most of the direct taxes, in 2023-24 financial year exceeded the Budget estimates by Rs 1.35 lakh crore (7.40 per cent) and the revised estimates by Rs 13,000 crore.
Reliance Jio, India's leading telecom operator, reported a 13 per cent increase in standalone net profit for the March quarter, reaching Rs 5,337 crore. The company's revenue from operations for Q4FY24 also saw a significant rise, standing at Rs 25,959 crore, marking an 11 per cent increase compared to the same period last year. 
You received this email because you set up a subscription at Feedrabbit. This email was sent to you at epaperindia10@gmail.com. Unsubscribe or change your subscription.

Related Posts

There is no other posts in this category.
Subscribe Our Newsletter