-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

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

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

Stock markets opened in red on the second consecutive day after the presentation of the Union Budget on July 23. The equity benchmark indices declined in early trade on Thursday amid weak global cues and unabated foreign fund outflows. The 30-share BSE Sensex fell 671 points to 79,477.83. Meanwhile, the Nifty declined 202.7 points to 24,210.80 points. 
Mumbai: The Reserve Bank of India (RBI) has tightened regulations on cash pay-out services by requiring banks to maintain detailed records of recipients. Cash payments refer to the transfer of funds from bank accounts to individuals without bank accounts.
The Securities and Exchange Board of India (SEBI) has announced an increase in the threshold for Basic Services Demat Accounts (BSDA) from Rs 2 lakh to Rs 10 lakh. Effective from September 1, 2024, investors can hold securities worth up to Rs 10 lakh in their BSDA. Introduced by SEBI in 2012, BSDA is designed to reduce the cost of holding securities for small investors by offering lower charges compared to regular Demat accounts. 
Stock market update: The Indian stock market today (July 26) opened with a major climb. The BSE Sensex opened in the green with 235.23 points to 80,275.03 in the early trade while the Nifty 50 at the National Stock Exchange (NSE) opened at 86.6 points to 24,492.70 on Friday.
Gold prices have fallen sharply by 7%, or Rs 5,000 per 10 grams, following the government's decision to slash the basic customs duty on gold. This reduction has made gold imports cheaper and is expected to curb gold smuggling, benefiting the organised jewellery sector. Experts believe that the lower costs will encourage more investments in gold as both a commodity and a financial asset. "The cut in basic customs duty on gold prices makes the yellow metal cheaper," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Benchmark Sensex rebounded by 1,293 points, cutting short a five-day losing streak, while the Nifty shot up nearly 2% to a record high on Friday. The 30-share BSE Sensex jumped 1,292.92 points or 1.62%, to settle at 81,332.72, after soaring 1,387.38 points or 1.73%, during the day. The NSE Nifty surged 428.75 points or 1.76%, to close at an all-time high of 24,834.85.
In a significant move towards a circular economy, Toshihiro Suzuki, CEO of Suzuki Motor Corporation, unveiled the 'Bhoomi Amrut' brand logo and launched 'Power Plus,' a nutrient-rich liquid organic manure produced by the Banas Biogas Plant, during a farmers' conclave in Sanadar, Banaskantha district.
The Securities Exchange Board of India (SEBI) on Friday barred Vijay Mallya from trading in India's securities market for three years. SEBI also prohibited Mallya from associating with any listed firm. His existing holdings, including mutual funds, will remain frozen. Mallya, who owns an 8.1% stake in United Breweries and a 0.01% stake in United Spirits, faces a Rs 9,000 crore bank loan default case involving Kingfisher Airlines. Declared a Fugitive Economic Offender in 2019, Mallya has been living in the UK since leaving India in March 2016.
The Income Tax Department on Saturday revealed that more than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year. The figure is 8 per cent more than what it was last year.
The Income Tax Department on Sunday asked income tax return filers to refrain from making bogus claims for expenses, under-reporting their earnings or exaggerating deductions calling it a punishable offence that causes a delay in issuance of refunds.
Stock market update: The Indian stock market today (July 26) opened with a major climb. The BSE Sensex opened in the green with 235.23 points to 80,275.03 in the early trade while the Nifty 50 at the National Stock Exchange (NSE) opened at 86.6 points to 24,492.70 on Friday.
Gold prices have fallen sharply by 7%, or Rs 5,000 per 10 grams, following the government's decision to slash the basic customs duty on gold. This reduction has made gold imports cheaper and is expected to curb gold smuggling, benefiting the organised jewellery sector. Experts believe that the lower costs will encourage more investments in gold as both a commodity and a financial asset. "The cut in basic customs duty on gold prices makes the yellow metal cheaper," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Benchmark Sensex rebounded by 1,293 points, cutting short a five-day losing streak, while the Nifty shot up nearly 2% to a record high on Friday. The 30-share BSE Sensex jumped 1,292.92 points or 1.62%, to settle at 81,332.72, after soaring 1,387.38 points or 1.73%, during the day. The NSE Nifty surged 428.75 points or 1.76%, to close at an all-time high of 24,834.85.
In a significant move towards a circular economy, Toshihiro Suzuki, CEO of Suzuki Motor Corporation, unveiled the 'Bhoomi Amrut' brand logo and launched 'Power Plus,' a nutrient-rich liquid organic manure produced by the Banas Biogas Plant, during a farmers' conclave in Sanadar, Banaskantha district.
The Securities Exchange Board of India (SEBI) on Friday barred Vijay Mallya from trading in India's securities market for three years. SEBI also prohibited Mallya from associating with any listed firm. His existing holdings, including mutual funds, will remain frozen. Mallya, who owns an 8.1% stake in United Breweries and a 0.01% stake in United Spirits, faces a Rs 9,000 crore bank loan default case involving Kingfisher Airlines. Declared a Fugitive Economic Offender in 2019, Mallya has been living in the UK since leaving India in March 2016.
The Income Tax Department on Saturday revealed that more than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year. The figure is 8 per cent more than what it was last year.
The Income Tax Department on Sunday asked income tax return filers to refrain from making bogus claims for expenses, under-reporting their earnings or exaggerating deductions calling it a punishable offence that causes a delay in issuance of refunds.
ITR filing 2024: With just three days remaining to file your income tax return for the financial year 2023-24, if you're still unsure whether to opt for the old or new tax regime and haven't filed yet, there's no need to worry. We will guide you on which tax regime to choose if your income is around Rs 10 lakh. Additionally, we will explain how you can make an income of Rs 10 lakh tax-free, meaning you won't have to pay any tax. The last date to file an income tax return is July 31, 2024, for the financial year 2023-24.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 350.7 points to 81,683.42. Meanwhile, the Nifty declined was also up by 83.85 points to 24,918.70 points.
Bank Holidays in August 2024: Banks across the country will remain closed for 13 days in August this year due to national and regional holidays, as well as weekend closures. According to the Reserve Bank of India (RBI) holiday list, banks will be closed for a total of 13 days this month, including the second and fourth Saturdays, as well as Sundays. Banks operate on the first and third Saturdays of each month but remain closed on the second and fourth Saturdays. 
Gold prices have fallen sharply by 7%, or Rs 5,000 per 10 grams, following the government's decision to slash the basic customs duty on gold. This reduction has made gold imports cheaper and is expected to curb gold smuggling, benefiting the organised jewellery sector. Experts believe that the lower costs will encourage more investments in gold as both a commodity and a financial asset. "The cut in basic customs duty on gold prices makes the yellow metal cheaper," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Benchmark Sensex rebounded by 1,293 points, cutting short a five-day losing streak, while the Nifty shot up nearly 2% to a record high on Friday. The 30-share BSE Sensex jumped 1,292.92 points or 1.62%, to settle at 81,332.72, after soaring 1,387.38 points or 1.73%, during the day. The NSE Nifty surged 428.75 points or 1.76%, to close at an all-time high of 24,834.85.
In a significant move towards a circular economy, Toshihiro Suzuki, CEO of Suzuki Motor Corporation, unveiled the 'Bhoomi Amrut' brand logo and launched 'Power Plus,' a nutrient-rich liquid organic manure produced by the Banas Biogas Plant, during a farmers' conclave in Sanadar, Banaskantha district.
The Securities Exchange Board of India (SEBI) on Friday barred Vijay Mallya from trading in India's securities market for three years. SEBI also prohibited Mallya from associating with any listed firm. His existing holdings, including mutual funds, will remain frozen. Mallya, who owns an 8.1% stake in United Breweries and a 0.01% stake in United Spirits, faces a Rs 9,000 crore bank loan default case involving Kingfisher Airlines. Declared a Fugitive Economic Offender in 2019, Mallya has been living in the UK since leaving India in March 2016.
The Income Tax Department on Saturday revealed that more than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year. The figure is 8 per cent more than what it was last year.
The Income Tax Department on Sunday asked income tax return filers to refrain from making bogus claims for expenses, under-reporting their earnings or exaggerating deductions calling it a punishable offence that causes a delay in issuance of refunds.
ITR filing 2024: With just three days remaining to file your income tax return for the financial year 2023-24, if you're still unsure whether to opt for the old or new tax regime and haven't filed yet, there's no need to worry. We will guide you on which tax regime to choose if your income is around Rs 10 lakh. Additionally, we will explain how you can make an income of Rs 10 lakh tax-free, meaning you won't have to pay any tax. The last date to file an income tax return is July 31, 2024, for the financial year 2023-24.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 350.7 points to 81,683.42. Meanwhile, the Nifty declined was also up by 83.85 points to 24,918.70 points.
Bank Holidays in August 2024: Banks across the country will remain closed for 13 days in August this year due to national and regional holidays, as well as weekend closures. According to the Reserve Bank of India (RBI) holiday list, banks will be closed for a total of 13 days this month, including the second and fourth Saturdays, as well as Sundays. Banks operate on the first and third Saturdays of each month but remain closed on the second and fourth Saturdays. 
Several rules often change with the inception of every new month. In line with that, the month of August will also witness some changes that may have an effect on your pocket. Some of the rules that are changing from August 1 and are likely to affect your expenses are:
Gold prices have fallen sharply by 7%, or Rs 5,000 per 10 grams, following the government's decision to slash the basic customs duty on gold. This reduction has made gold imports cheaper and is expected to curb gold smuggling, benefiting the organised jewellery sector. Experts believe that the lower costs will encourage more investments in gold as both a commodity and a financial asset. "The cut in basic customs duty on gold prices makes the yellow metal cheaper," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Benchmark Sensex rebounded by 1,293 points, cutting short a five-day losing streak, while the Nifty shot up nearly 2% to a record high on Friday. The 30-share BSE Sensex jumped 1,292.92 points or 1.62%, to settle at 81,332.72, after soaring 1,387.38 points or 1.73%, during the day. The NSE Nifty surged 428.75 points or 1.76%, to close at an all-time high of 24,834.85.
In a significant move towards a circular economy, Toshihiro Suzuki, CEO of Suzuki Motor Corporation, unveiled the 'Bhoomi Amrut' brand logo and launched 'Power Plus,' a nutrient-rich liquid organic manure produced by the Banas Biogas Plant, during a farmers' conclave in Sanadar, Banaskantha district.
The Securities Exchange Board of India (SEBI) on Friday barred Vijay Mallya from trading in India's securities market for three years. SEBI also prohibited Mallya from associating with any listed firm. His existing holdings, including mutual funds, will remain frozen. Mallya, who owns an 8.1% stake in United Breweries and a 0.01% stake in United Spirits, faces a Rs 9,000 crore bank loan default case involving Kingfisher Airlines. Declared a Fugitive Economic Offender in 2019, Mallya has been living in the UK since leaving India in March 2016.
The Income Tax Department on Saturday revealed that more than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year. The figure is 8 per cent more than what it was last year.
The Income Tax Department on Sunday asked income tax return filers to refrain from making bogus claims for expenses, under-reporting their earnings or exaggerating deductions calling it a punishable offence that causes a delay in issuance of refunds.
ITR filing 2024: With just three days remaining to file your income tax return for the financial year 2023-24, if you're still unsure whether to opt for the old or new tax regime and haven't filed yet, there's no need to worry. We will guide you on which tax regime to choose if your income is around Rs 10 lakh. Additionally, we will explain how you can make an income of Rs 10 lakh tax-free, meaning you won't have to pay any tax. The last date to file an income tax return is July 31, 2024, for the financial year 2023-24.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 350.7 points to 81,683.42. Meanwhile, the Nifty declined was also up by 83.85 points to 24,918.70 points.
Bank Holidays in August 2024: Banks across the country will remain closed for 13 days in August this year due to national and regional holidays, as well as weekend closures. According to the Reserve Bank of India (RBI) holiday list, banks will be closed for a total of 13 days this month, including the second and fourth Saturdays, as well as Sundays. Banks operate on the first and third Saturdays of each month but remain closed on the second and fourth Saturdays. 
Several rules often change with the inception of every new month. In line with that, the month of August will also witness some changes that may have an effect on your pocket. Some of the rules that are changing from August 1 and are likely to affect your expenses are:
Gold prices have fallen sharply by 7%, or Rs 5,000 per 10 grams, following the government's decision to slash the basic customs duty on gold. This reduction has made gold imports cheaper and is expected to curb gold smuggling, benefiting the organised jewellery sector. Experts believe that the lower costs will encourage more investments in gold as both a commodity and a financial asset. "The cut in basic customs duty on gold prices makes the yellow metal cheaper," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Benchmark Sensex rebounded by 1,293 points, cutting short a five-day losing streak, while the Nifty shot up nearly 2% to a record high on Friday. The 30-share BSE Sensex jumped 1,292.92 points or 1.62%, to settle at 81,332.72, after soaring 1,387.38 points or 1.73%, during the day. The NSE Nifty surged 428.75 points or 1.76%, to close at an all-time high of 24,834.85.
In a significant move towards a circular economy, Toshihiro Suzuki, CEO of Suzuki Motor Corporation, unveiled the 'Bhoomi Amrut' brand logo and launched 'Power Plus,' a nutrient-rich liquid organic manure produced by the Banas Biogas Plant, during a farmers' conclave in Sanadar, Banaskantha district.
The Securities Exchange Board of India (SEBI) on Friday barred Vijay Mallya from trading in India's securities market for three years. SEBI also prohibited Mallya from associating with any listed firm. His existing holdings, including mutual funds, will remain frozen. Mallya, who owns an 8.1% stake in United Breweries and a 0.01% stake in United Spirits, faces a Rs 9,000 crore bank loan default case involving Kingfisher Airlines. Declared a Fugitive Economic Offender in 2019, Mallya has been living in the UK since leaving India in March 2016.
The Income Tax Department on Saturday revealed that more than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year. The figure is 8 per cent more than what it was last year.
The Income Tax Department on Sunday asked income tax return filers to refrain from making bogus claims for expenses, under-reporting their earnings or exaggerating deductions calling it a punishable offence that causes a delay in issuance of refunds.
ITR filing 2024: With just three days remaining to file your income tax return for the financial year 2023-24, if you're still unsure whether to opt for the old or new tax regime and haven't filed yet, there's no need to worry. We will guide you on which tax regime to choose if your income is around Rs 10 lakh. Additionally, we will explain how you can make an income of Rs 10 lakh tax-free, meaning you won't have to pay any tax. The last date to file an income tax return is July 31, 2024, for the financial year 2023-24.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 350.7 points to 81,683.42. Meanwhile, the Nifty declined was also up by 83.85 points to 24,918.70 points.
Bank Holidays in August 2024: Banks across the country will remain closed for 13 days in August this year due to national and regional holidays, as well as weekend closures. According to the Reserve Bank of India (RBI) holiday list, banks will be closed for a total of 13 days this month, including the second and fourth Saturdays, as well as Sundays. Banks operate on the first and third Saturdays of each month but remain closed on the second and fourth Saturdays. 
Several rules often change with the inception of every new month. In line with that, the month of August will also witness some changes that may have an effect on your pocket. Some of the rules that are changing from August 1 and are likely to affect your expenses are:
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