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IndiaTV Business: Google News Feed: Digest for May 30, 2024

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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.
New Delhi: The government on Tuesday put on hold the new norms for permissible wastage amounts for gold, silver, and platinum content in jewellery exports until July 31, 2024. This decision came just a day after the notification was issued, following serious concerns raised by the gems and jewellery industry regarding the new standards.
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.
New Delhi: The government on Tuesday put on hold the new norms for permissible wastage amounts for gold, silver, and platinum content in jewellery exports until July 31, 2024. This decision came just a day after the notification was issued, following serious concerns raised by the gems and jewellery industry regarding the new standards.
The Income Tax Department has issued a fresh notification to taxpayers, asking them to link their Permanent Account Number (PAN) with Aadhaar by May 31, 2024. The tax department posted this reminder reminder on X, highlighting the importance of meeting the deadline to avoid higher tax deductions at source (TDS). "Kind attention taxpayers, please link your PAN with Aadhaar before May 31, 2024... Linking your PAN with your Aadhaar by May 31 ensures you don't face higher tax deduction/tax collection under Section 206AA and 206CC of the Income Tax Act, 1961, due to an inoperative PAN for transactions entered into before March 31, 2024," said the I-T Department.
Stock markets update: Equity benchmark indices declined in early trade on Wednesday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 416.1 points to 74,754.35. Meanwhile, the Nifty declined 125.9 points to 22,762.25. 
Gold and silver prices: The price of 24-carat gold went up by Rs 10, with 10 grams of the precious metal trading at Rs 72,940  on Wednesday. Similarly, the price of silver also rose by Rs 100, with 1 kilogram of the precious metal selling at Rs 96,600.
New Delhi: One97 Communications Limited, the parent company of Paytm, has denied being in discussions with the Adani Group about a potential stake sale, terming the report "speculative". This clarification comes in response to a report suggesting that billionaire Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy a stake in the digital payments company.
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.
New Delhi: The government on Tuesday put on hold the new norms for permissible wastage amounts for gold, silver, and platinum content in jewellery exports until July 31, 2024. This decision came just a day after the notification was issued, following serious concerns raised by the gems and jewellery industry regarding the new standards.
The Income Tax Department has issued a fresh notification to taxpayers, asking them to link their Permanent Account Number (PAN) with Aadhaar by May 31, 2024. The tax department posted this reminder reminder on X, highlighting the importance of meeting the deadline to avoid higher tax deductions at source (TDS). "Kind attention taxpayers, please link your PAN with Aadhaar before May 31, 2024... Linking your PAN with your Aadhaar by May 31 ensures you don't face higher tax deduction/tax collection under Section 206AA and 206CC of the Income Tax Act, 1961, due to an inoperative PAN for transactions entered into before March 31, 2024," said the I-T Department.
Stock markets update: Equity benchmark indices declined in early trade on Wednesday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 416.1 points to 74,754.35. Meanwhile, the Nifty declined 125.9 points to 22,762.25. 
Gold and silver prices: The price of 24-carat gold went up by Rs 10, with 10 grams of the precious metal trading at Rs 72,940  on Wednesday. Similarly, the price of silver also rose by Rs 100, with 1 kilogram of the precious metal selling at Rs 96,600.
New Delhi: One97 Communications Limited, the parent company of Paytm, has denied being in discussions with the Adani Group about a potential stake sale, terming the report "speculative". This clarification comes in response to a report suggesting that billionaire Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy a stake in the digital payments company.

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.
New Delhi: The government on Tuesday put on hold the new norms for permissible wastage amounts for gold, silver, and platinum content in jewellery exports until July 31, 2024. This decision came just a day after the notification was issued, following serious concerns raised by the gems and jewellery industry regarding the new standards.
The Income Tax Department has issued a fresh notification to taxpayers, asking them to link their Permanent Account Number (PAN) with Aadhaar by May 31, 2024. The tax department posted this reminder reminder on X, highlighting the importance of meeting the deadline to avoid higher tax deductions at source (TDS). "Kind attention taxpayers, please link your PAN with Aadhaar before May 31, 2024... Linking your PAN with your Aadhaar by May 31 ensures you don't face higher tax deduction/tax collection under Section 206AA and 206CC of the Income Tax Act, 1961, due to an inoperative PAN for transactions entered into before March 31, 2024," said the I-T Department.
Stock markets update: Equity benchmark indices declined in early trade on Wednesday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 416.1 points to 74,754.35. Meanwhile, the Nifty declined 125.9 points to 22,762.25. 
Gold and silver prices: The price of 24-carat gold went up by Rs 10, with 10 grams of the precious metal trading at Rs 72,940  on Wednesday. Similarly, the price of silver also rose by Rs 100, with 1 kilogram of the precious metal selling at Rs 96,600.
New Delhi: One97 Communications Limited, the parent company of Paytm, has denied being in discussions with the Adani Group about a potential stake sale, terming the report "speculative". This clarification comes in response to a report suggesting that billionaire Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy a stake in the digital payments company.
S&P Global Ratings on Wednesday upgraded India's sovereign rating outlook to positive from stable while retaining the rating at 'BBB-' on robust growth and improved quality of government expenditure.

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.
New Delhi: The government on Tuesday put on hold the new norms for permissible wastage amounts for gold, silver, and platinum content in jewellery exports until July 31, 2024. This decision came just a day after the notification was issued, following serious concerns raised by the gems and jewellery industry regarding the new standards.
The Income Tax Department has issued a fresh notification to taxpayers, asking them to link their Permanent Account Number (PAN) with Aadhaar by May 31, 2024. The tax department posted this reminder reminder on X, highlighting the importance of meeting the deadline to avoid higher tax deductions at source (TDS). "Kind attention taxpayers, please link your PAN with Aadhaar before May 31, 2024... Linking your PAN with your Aadhaar by May 31 ensures you don't face higher tax deduction/tax collection under Section 206AA and 206CC of the Income Tax Act, 1961, due to an inoperative PAN for transactions entered into before March 31, 2024," said the I-T Department.
Stock markets update: Equity benchmark indices declined in early trade on Wednesday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 416.1 points to 74,754.35. Meanwhile, the Nifty declined 125.9 points to 22,762.25. 
Gold and silver prices: The price of 24-carat gold went up by Rs 10, with 10 grams of the precious metal trading at Rs 72,940  on Wednesday. Similarly, the price of silver also rose by Rs 100, with 1 kilogram of the precious metal selling at Rs 96,600.
New Delhi: One97 Communications Limited, the parent company of Paytm, has denied being in discussions with the Adani Group about a potential stake sale, terming the report "speculative". This clarification comes in response to a report suggesting that billionaire Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy a stake in the digital payments company.
S&P Global Ratings on Wednesday upgraded India's sovereign rating outlook to positive from stable while retaining the rating at 'BBB-' on robust growth and improved quality of government expenditure.
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