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IndiaTV Business: Google News Feed: Digest for May 29, 2024

IndiaTV Business: Google News Feed

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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.
Stock markets update: Equity benchmark indices opened higher in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 194.9 points to 75,585.40. Meanwhile, the Nifty was also up by 59.95 points to 22,992.40 points.
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.
Stock markets update: Equity benchmark indices opened higher in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 194.9 points to 75,585.40. Meanwhile, the Nifty was also up by 59.95 points to 22,992.40 points.

Gold and silver prices on May 28: Check city-wise rates

Tuesday 28 May 2024 06:10 AM UTC+00
The Gold prices went up on Tuesday (May 28). The cost of 24 carat gold is Rs 72,390.00 per 10 grams, which is up by Rs 30 at 11.05 am since yesterday. The cost of Silver also increased by Rs 170 to Rs 95,030.00 today.
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.
Stock markets update: Equity benchmark indices opened higher in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 194.9 points to 75,585.40. Meanwhile, the Nifty was also up by 59.95 points to 22,992.40 points.

Gold and silver prices on May 28: Check city-wise rates

Tuesday 28 May 2024 06:10 AM UTC+00
The Gold prices went up on Tuesday (May 28). The cost of 24 carat gold is Rs 72,390.00 per 10 grams, which is up by Rs 30 at 11.05 am since yesterday. The cost of Silver also increased by Rs 170 to Rs 95,030.00 today.
The Indian equity benchmarks Sensex and Nifty closed in the red on Tuesday amid market volatility, ending a three-day streak of record highs. The S&P BSE Sensex oscillated between gains and losses during the day, ultimately closing at 75,170, down by 220 points. The NSE Nifty50 also ended lower, settling at 22,888, down by 44 points.
If you are a working woman, chances are that you would also be looking for tax-saving means. As most working people know, most preferred tax saving ways are to invest your money in various available option. But that requires a basic understanding of which options to invest in. As the first quarter of the financial year is going on, it is better to start investing now. This will not only save your tax but also provide financial support. Let us talk about various schemes which not only give monetary benefits but also help you to save tax. Not to tell, the following schemes are some of the safest investments in the country.
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.
Stock markets update: Equity benchmark indices opened higher in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 194.9 points to 75,585.40. Meanwhile, the Nifty was also up by 59.95 points to 22,992.40 points.

Gold and silver prices on May 28: Check city-wise rates

Tuesday 28 May 2024 06:10 AM UTC+00
The Gold prices went up on Tuesday (May 28). The cost of 24 carat gold is Rs 72,390.00 per 10 grams, which is up by Rs 30 at 11.05 am since yesterday. The cost of Silver also increased by Rs 170 to Rs 95,030.00 today.
The Indian equity benchmarks Sensex and Nifty closed in the red on Tuesday amid market volatility, ending a three-day streak of record highs. The S&P BSE Sensex oscillated between gains and losses during the day, ultimately closing at 75,170, down by 220 points. The NSE Nifty50 also ended lower, settling at 22,888, down by 44 points.
If you are a working woman, chances are that you would also be looking for tax-saving means. As most working people know, most preferred tax saving ways are to invest your money in various available option. But that requires a basic understanding of which options to invest in. As the first quarter of the financial year is going on, it is better to start investing now. This will not only save your tax but also provide financial support. Let us talk about various schemes which not only give monetary benefits but also help you to save tax. Not to tell, the following schemes are some of the safest investments in the country.
Life Insurance Corporation of India (LIC) is planning to enter the health insurance market and is exploring potential acquisitions to facilitate this expansion. This initiative follows a proposal to introduce composite insurance companies, which would allow life insurers to offer hospitalisation and indemnity coverage, pending an amendment to the Insurance Act.
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.
Stock markets update: Equity benchmark indices opened higher in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 194.9 points to 75,585.40. Meanwhile, the Nifty was also up by 59.95 points to 22,992.40 points.

Gold and silver prices on May 28: Check city-wise rates

Tuesday 28 May 2024 06:10 AM UTC+00
The Gold prices went up on Tuesday (May 28). The cost of 24 carat gold is Rs 72,390.00 per 10 grams, which is up by Rs 30 at 11.05 am since yesterday. The cost of Silver also increased by Rs 170 to Rs 95,030.00 today.
The benchmark BSE Sensex continued its downward trajectory for the third consecutive day, shedding 220 points amidst volatile trading on Tuesday. The decline was attributed to profit-taking in sectors such as power, oil, and capital goods, as investors awaited the outcome of the Lok Sabha elections.
If you are a working woman, chances are that you would also be looking for tax-saving means. As most working people know, most preferred tax saving ways are to invest your money in various available option. But that requires a basic understanding of which options to invest in. As the first quarter of the financial year is going on, it is better to start investing now. This will not only save your tax but also provide financial support. Let us talk about various schemes which not only give monetary benefits but also help you to save tax. Not to tell, the following schemes are some of the safest investments in the country.
Life Insurance Corporation of India (LIC) is planning to enter the health insurance market and is exploring potential acquisitions to facilitate this expansion. This initiative follows a proposal to introduce composite insurance companies, which would allow life insurers to offer hospitalisation and indemnity coverage, pending an amendment to the Insurance Act.
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