-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

IndiaTV Business: Google News Feed: Digest for May 28, 2024

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

Benchmark equity indices surged on Thursday, with the Sensex and Nifty reaching their all-time highs. This rally followed the Reserve Bank of India's (RBI) approval of an unprecedented Rs 2.11 lakh crore dividend to the government, bolstered by strong buying in blue-chip stocks such as Reliance Industries and HDFC Bank. The 30-share index climbed 951.22 points, or 1.28%, to a record 75,172.28. The index rose by 308.45 points, or 1.36%, reaching an all-time high of 22,906.25.

Gold and silver prices on May 24: Check city-wise rates

Friday 24 May 2024 04:16 AM UTC+00
Business news: Gold prices witnessed a slight decrease on Friday (May 24). The cost of 24 carat gold is Rs 7,174 per gram, which is down by Rs 110. The cost of 10 gram of gold is Rs 71,740. The cost of 22 carat gold is Rs 6,576 per gram. The price change in 24 carat gold since yesterday was -0.150% till 9.38 am.
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex reached an all-time high as it surged by 104.38 points to 75,525.48. Meanwhile, the Nifty index experienced a modest rise, gaining 15.45 points to stand at 22,983.10. 
Digital payments firm Paytm is reportedly contemplating a workforce reduction of approximately 15-20 per cent in the ongoing financial year as part of its strategy to reduce employee costs. In the last fiscal year, FY23, the company maintained an average workforce count of 32,798, with 29,503 actively contributing to its operations. 
The Sensex and Nifty reached record highs during intraday trade before settling flat amid market volatility on Friday. The S&P BSE Sensex hit a new peak of 75,636.5 but closed at 75,410, down 8 points. Similarly, the NSE Nifty50 crossed the 23,000-mark before closing 11 points lower at 22,957.
Getting health insurance is often easy but to get the claim settled requires a lot of paperwork and time, thereby making it a complicated and hectic process for all the stakeholders – the insurance company, hospitals, labs and patients. To solve this problem and make mediclaim more easy and effective, the Union Health Ministry is making strides with a National Health Claim Exchange (NHCX). 
The Reserve Bank of India in its latest release on Friday stated that the Indian foreign exchange reserve has risen to an all-time high $648.7 billion for the week ending May 17.
Google has proposed to invest in e-commerce giant Flipkart, aiming to acquire a minority stake as part of Flipkart's latest funding round led by Walmart, the company announced on Friday. Flipkart stated that the investment by Google is subject to regulatory and customary approvals from both parties. The exact amount of Google's investment and the total funds being raised have not been disclosed.
Investment schemes: Many people in the country opt for fixed deposit investments due to their high interest rates. However, it's worth noting that the government offers several savings schemes with interest rates higher than those of fixed deposits, along with additional benefits. These schemes typically offer higher returns compared to fixed deposits (FDs) from most banks. Being government-backed, they carry very low risk. The government sets interest rates for small savings schemes every three months. Let's explore five such small savings schemes where you can potentially earn higher returns than bank FDs.
In a remarkable development for India's maritime industry, Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd. (APSEZ), created a new record by welcoming the largest container ship ever to call at an Indian port. The vessel, MSC Anna, with an overall length of 399.98 meters—approximately the length of four football fields—and a remarkable capacity of 19,200 TEUs (twenty-foot equivalent units), docked at Adani Ports, Mundra, on May 26.

Gold and silver prices on May 24: Check city-wise rates

Friday 24 May 2024 04:16 AM UTC+00
Business news: Gold prices witnessed a slight decrease on Friday (May 24). The cost of 24 carat gold is Rs 7,174 per gram, which is down by Rs 110. The cost of 10 gram of gold is Rs 71,740. The cost of 22 carat gold is Rs 6,576 per gram. The price change in 24 carat gold since yesterday was -0.150% till 9.38 am.
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex reached an all-time high as it surged by 104.38 points to 75,525.48. Meanwhile, the Nifty index experienced a modest rise, gaining 15.45 points to stand at 22,983.10. 
Digital payments firm Paytm is reportedly contemplating a workforce reduction of approximately 15-20 per cent in the ongoing financial year as part of its strategy to reduce employee costs. In the last fiscal year, FY23, the company maintained an average workforce count of 32,798, with 29,503 actively contributing to its operations. 
The Sensex and Nifty reached record highs during intraday trade before settling flat amid market volatility on Friday. The S&P BSE Sensex hit a new peak of 75,636.5 but closed at 75,410, down 8 points. Similarly, the NSE Nifty50 crossed the 23,000-mark before closing 11 points lower at 22,957.
Getting health insurance is often easy but to get the claim settled requires a lot of paperwork and time, thereby making it a complicated and hectic process for all the stakeholders – the insurance company, hospitals, labs and patients. To solve this problem and make mediclaim more easy and effective, the Union Health Ministry is making strides with a National Health Claim Exchange (NHCX). 
The Reserve Bank of India in its latest release on Friday stated that the Indian foreign exchange reserve has risen to an all-time high $648.7 billion for the week ending May 17.
Google has proposed to invest in e-commerce giant Flipkart, aiming to acquire a minority stake as part of Flipkart's latest funding round led by Walmart, the company announced on Friday. Flipkart stated that the investment by Google is subject to regulatory and customary approvals from both parties. The exact amount of Google's investment and the total funds being raised have not been disclosed.
Investment schemes: Many people in the country opt for fixed deposit investments due to their high interest rates. However, it's worth noting that the government offers several savings schemes with interest rates higher than those of fixed deposits, along with additional benefits. These schemes typically offer higher returns compared to fixed deposits (FDs) from most banks. Being government-backed, they carry very low risk. The government sets interest rates for small savings schemes every three months. Let's explore five such small savings schemes where you can potentially earn higher returns than bank FDs.
In a remarkable development for India's maritime industry, Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd. (APSEZ), created a new record by welcoming the largest container ship ever to call at an Indian port. The vessel, MSC Anna, with an overall length of 399.98 meters—approximately the length of four football fields—and a remarkable capacity of 19,200 TEUs (twenty-foot equivalent units), docked at Adani Ports, Mundra, on May 26.
Stock markets: Equity benchmark indices Sensex and Nifty hit their new all-time peaks in early trade on Monday in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement. The 30-share BSE Sensex climbed 269.28 points to an all-time peak of 75,679.67 in early trade. The NSE Nifty went up by 86.1 points to hit a new lifetime high of 23,043.20.
Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex reached an all-time high as it surged by 104.38 points to 75,525.48. Meanwhile, the Nifty index experienced a modest rise, gaining 15.45 points to stand at 22,983.10. 
Digital payments firm Paytm is reportedly contemplating a workforce reduction of approximately 15-20 per cent in the ongoing financial year as part of its strategy to reduce employee costs. In the last fiscal year, FY23, the company maintained an average workforce count of 32,798, with 29,503 actively contributing to its operations. 
The Sensex and Nifty reached record highs during intraday trade before settling flat amid market volatility on Friday. The S&P BSE Sensex hit a new peak of 75,636.5 but closed at 75,410, down 8 points. Similarly, the NSE Nifty50 crossed the 23,000-mark before closing 11 points lower at 22,957.
Getting health insurance is often easy but to get the claim settled requires a lot of paperwork and time, thereby making it a complicated and hectic process for all the stakeholders – the insurance company, hospitals, labs and patients. To solve this problem and make mediclaim more easy and effective, the Union Health Ministry is making strides with a National Health Claim Exchange (NHCX). 
The Reserve Bank of India in its latest release on Friday stated that the Indian foreign exchange reserve has risen to an all-time high $648.7 billion for the week ending May 17.
Google has proposed to invest in e-commerce giant Flipkart, aiming to acquire a minority stake as part of Flipkart's latest funding round led by Walmart, the company announced on Friday. Flipkart stated that the investment by Google is subject to regulatory and customary approvals from both parties. The exact amount of Google's investment and the total funds being raised have not been disclosed.
Investment schemes: Many people in the country opt for fixed deposit investments due to their high interest rates. However, it's worth noting that the government offers several savings schemes with interest rates higher than those of fixed deposits, along with additional benefits. These schemes typically offer higher returns compared to fixed deposits (FDs) from most banks. Being government-backed, they carry very low risk. The government sets interest rates for small savings schemes every three months. Let's explore five such small savings schemes where you can potentially earn higher returns than bank FDs.
In a remarkable development for India's maritime industry, Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd. (APSEZ), created a new record by welcoming the largest container ship ever to call at an Indian port. The vessel, MSC Anna, with an overall length of 399.98 meters—approximately the length of four football fields—and a remarkable capacity of 19,200 TEUs (twenty-foot equivalent units), docked at Adani Ports, Mundra, on May 26.
Stock markets: Equity benchmark indices Sensex and Nifty hit their new all-time peaks in early trade on Monday in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement. The 30-share BSE Sensex climbed 269.28 points to an all-time peak of 75,679.67 in early trade. The NSE Nifty went up by 86.1 points to hit a new lifetime high of 23,043.20.
Bank Holidays in June 2024: Bank customers should be prepared for several non-working days in June 2024 due to religious holidays and weekend closures. Banks will be closed for up to 12 days in June, including Sundays and the second and fourth Saturdays this month.
The Sensex and Nifty reached record highs during intraday trade before settling flat amid market volatility on Friday. The S&P BSE Sensex hit a new peak of 75,636.5 but closed at 75,410, down 8 points. Similarly, the NSE Nifty50 crossed the 23,000-mark before closing 11 points lower at 22,957.
Getting health insurance is often easy but to get the claim settled requires a lot of paperwork and time, thereby making it a complicated and hectic process for all the stakeholders – the insurance company, hospitals, labs and patients. To solve this problem and make mediclaim more easy and effective, the Union Health Ministry is making strides with a National Health Claim Exchange (NHCX). 
The Reserve Bank of India in its latest release on Friday stated that the Indian foreign exchange reserve has risen to an all-time high $648.7 billion for the week ending May 17.
Google has proposed to invest in e-commerce giant Flipkart, aiming to acquire a minority stake as part of Flipkart's latest funding round led by Walmart, the company announced on Friday. Flipkart stated that the investment by Google is subject to regulatory and customary approvals from both parties. The exact amount of Google's investment and the total funds being raised have not been disclosed.
Investment schemes: Many people in the country opt for fixed deposit investments due to their high interest rates. However, it's worth noting that the government offers several savings schemes with interest rates higher than those of fixed deposits, along with additional benefits. These schemes typically offer higher returns compared to fixed deposits (FDs) from most banks. Being government-backed, they carry very low risk. The government sets interest rates for small savings schemes every three months. Let's explore five such small savings schemes where you can potentially earn higher returns than bank FDs.
In a remarkable development for India's maritime industry, Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd. (APSEZ), created a new record by welcoming the largest container ship ever to call at an Indian port. The vessel, MSC Anna, with an overall length of 399.98 meters—approximately the length of four football fields—and a remarkable capacity of 19,200 TEUs (twenty-foot equivalent units), docked at Adani Ports, Mundra, on May 26.
Stock markets: Equity benchmark indices Sensex and Nifty hit their new all-time peaks in early trade on Monday in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement. The 30-share BSE Sensex climbed 269.28 points to an all-time peak of 75,679.67 in early trade. The NSE Nifty went up by 86.1 points to hit a new lifetime high of 23,043.20.
Bank Holidays in June 2024: Bank customers should be prepared for several non-working days in June 2024 due to religious holidays and weekend closures. Banks will be closed for up to 12 days in June, including Sundays and the second and fourth Saturdays this month.
The Sensex scaled the historic 76,000 level for the first time, and the Nifty hit a new lifetime peak before both indices closed marginally lower due to profit booking in the last 30 minutes of trading on Monday. The 30-share BSE Sensex closed down by 19.89 points, or 0.03%, at 75,390.50. Intra-day, it surged by 599.29 points, or 0.79%, to an all-time high of 76,009.68. However, it fell by around 835 points from its peak, reaching a low of 75,175.27 due to profit booking.

Rules changing from June 1: Details you need to know

Monday 27 May 2024 11:29 AM UTC+00
As June 1 approaches, many rules are going to be changed. These changes affect daily life and hence it is necessary to be aware of them. Let's take a look at key changes that will take place from June 1.
The Sensex and Nifty reached record highs during intraday trade before settling flat amid market volatility on Friday. The S&P BSE Sensex hit a new peak of 75,636.5 but closed at 75,410, down 8 points. Similarly, the NSE Nifty50 crossed the 23,000-mark before closing 11 points lower at 22,957.
Getting health insurance is often easy but to get the claim settled requires a lot of paperwork and time, thereby making it a complicated and hectic process for all the stakeholders – the insurance company, hospitals, labs and patients. To solve this problem and make mediclaim more easy and effective, the Union Health Ministry is making strides with a National Health Claim Exchange (NHCX). 
The Reserve Bank of India in its latest release on Friday stated that the Indian foreign exchange reserve has risen to an all-time high $648.7 billion for the week ending May 17.
Google has proposed to invest in e-commerce giant Flipkart, aiming to acquire a minority stake as part of Flipkart's latest funding round led by Walmart, the company announced on Friday. Flipkart stated that the investment by Google is subject to regulatory and customary approvals from both parties. The exact amount of Google's investment and the total funds being raised have not been disclosed.
Investment schemes: Many people in the country opt for fixed deposit investments due to their high interest rates. However, it's worth noting that the government offers several savings schemes with interest rates higher than those of fixed deposits, along with additional benefits. These schemes typically offer higher returns compared to fixed deposits (FDs) from most banks. Being government-backed, they carry very low risk. The government sets interest rates for small savings schemes every three months. Let's explore five such small savings schemes where you can potentially earn higher returns than bank FDs.
In a remarkable development for India's maritime industry, Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd. (APSEZ), created a new record by welcoming the largest container ship ever to call at an Indian port. The vessel, MSC Anna, with an overall length of 399.98 meters—approximately the length of four football fields—and a remarkable capacity of 19,200 TEUs (twenty-foot equivalent units), docked at Adani Ports, Mundra, on May 26.
Stock markets: Equity benchmark indices Sensex and Nifty hit their new all-time peaks in early trade on Monday in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement. The 30-share BSE Sensex climbed 269.28 points to an all-time peak of 75,679.67 in early trade. The NSE Nifty went up by 86.1 points to hit a new lifetime high of 23,043.20.
Bank Holidays in June 2024: Bank customers should be prepared for several non-working days in June 2024 due to religious holidays and weekend closures. Banks will be closed for up to 12 days in June, including Sundays and the second and fourth Saturdays this month.
The Sensex scaled the historic 76,000 level for the first time, and the Nifty hit a new lifetime peak before both indices closed marginally lower due to profit booking in the last 30 minutes of trading on Monday. The 30-share BSE Sensex closed down by 19.89 points, or 0.03%, at 75,390.50. Intra-day, it surged by 599.29 points, or 0.79%, to an all-time high of 76,009.68. However, it fell by around 835 points from its peak, reaching a low of 75,175.27 due to profit booking.

Rules changing from June 1: Details you need to know

Monday 27 May 2024 11:29 AM UTC+00
As June 1 approaches, many rules are going to be changed. These changes affect daily life and hence it is necessary to be aware of them. Let's take a look at key changes that will take place from June 1.
The Sensex and Nifty reached record highs during intraday trade before settling flat amid market volatility on Friday. The S&P BSE Sensex hit a new peak of 75,636.5 but closed at 75,410, down 8 points. Similarly, the NSE Nifty50 crossed the 23,000-mark before closing 11 points lower at 22,957.
Getting health insurance is often easy but to get the claim settled requires a lot of paperwork and time, thereby making it a complicated and hectic process for all the stakeholders – the insurance company, hospitals, labs and patients. To solve this problem and make mediclaim more easy and effective, the Union Health Ministry is making strides with a National Health Claim Exchange (NHCX). 
The Reserve Bank of India in its latest release on Friday stated that the Indian foreign exchange reserve has risen to an all-time high $648.7 billion for the week ending May 17.
Google has proposed to invest in e-commerce giant Flipkart, aiming to acquire a minority stake as part of Flipkart's latest funding round led by Walmart, the company announced on Friday. Flipkart stated that the investment by Google is subject to regulatory and customary approvals from both parties. The exact amount of Google's investment and the total funds being raised have not been disclosed.
Investment schemes: Many people in the country opt for fixed deposit investments due to their high interest rates. However, it's worth noting that the government offers several savings schemes with interest rates higher than those of fixed deposits, along with additional benefits. These schemes typically offer higher returns compared to fixed deposits (FDs) from most banks. Being government-backed, they carry very low risk. The government sets interest rates for small savings schemes every three months. Let's explore five such small savings schemes where you can potentially earn higher returns than bank FDs.
In a remarkable development for India's maritime industry, Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd. (APSEZ), created a new record by welcoming the largest container ship ever to call at an Indian port. The vessel, MSC Anna, with an overall length of 399.98 meters—approximately the length of four football fields—and a remarkable capacity of 19,200 TEUs (twenty-foot equivalent units), docked at Adani Ports, Mundra, on May 26.
Stock markets: Equity benchmark indices Sensex and Nifty hit their new all-time peaks in early trade on Monday in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement. The 30-share BSE Sensex climbed 269.28 points to an all-time peak of 75,679.67 in early trade. The NSE Nifty went up by 86.1 points to hit a new lifetime high of 23,043.20.
Bank Holidays in June 2024: Bank customers should be prepared for several non-working days in June 2024 due to religious holidays and weekend closures. Banks will be closed for up to 12 days in June, including Sundays and the second and fourth Saturdays this month.
The Sensex scaled the historic 76,000 level for the first time, and the Nifty hit a new lifetime peak before both indices closed marginally lower due to profit booking in the last 30 minutes of trading on Monday. The 30-share BSE Sensex closed down by 19.89 points, or 0.03%, at 75,390.50. Intra-day, it surged by 599.29 points, or 0.79%, to an all-time high of 76,009.68. However, it fell by around 835 points from its peak, reaching a low of 75,175.27 due to profit booking.

Rules changing from June 1: Details you need to know

Monday 27 May 2024 11:29 AM UTC+00
As June 1 approaches, many rules are going to be changed. These changes affect daily life and hence it is necessary to be aware of them. Let's take a look at key changes that will take place from June 1.
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