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IndiaTV Business: Google News Feed: Digest for July 09, 2024

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Equity benchmark indices started the trade on an optimistic note today (July 3) morning, with the Sensex breaching the historic 80,000-mark for the first time ever and the Nifty hitting its fresh lifetime high, amid heavy buying in bank stocks and firm global market trends.
The BSE Sensex and NSE Nifty indices reached new record highs during intraday trade, driven by positive global cues on Wednesday. The BSE Sensex breached the 80,000-mark for the first time, touching an all-time high of 80,074 before closing at 79,987, up by 545 points. Similarly, the NSE Nifty50 hit a new peak of 24,307 and settled 163 points higher at 24,287.
Stock markets: Equity benchmark indices continued their record run as they opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed over 300 points to 80,343. Meanwhile, the Nifty was also up by 97 points to 24,383. This bullish trend continues from the June 10 rally, after which the Sensex has surged by more than 3,000 points to date.
Income Tax Return Filing:  Whether you are employed or have your own business, as an individual taxpayer, you need to file your Income Tax Return (ITR) by July 31. The Income Tax Department has now made filing an income tax return very easy. If you want to file it yourself, you can do so easily. It's important to understand the form related to the income tax return. Knowing which ITR form is appropriate for you will simplify the process.  
Benchmark indices ended Thursday's trading session on a positive note, driven by a strong rally in information technology (IT) stocks. The S&P BSE Sensex closed 62.87 points higher at 80,049.67, while the NSE Nifty50 gained 15.65 points, settling at 24,302.15. The Nifty IT index rose over 1%, emerging as one of the top gainers among Nifty sectoral indices, alongside Nifty Pharma. 
Defence Minister Rajnath Singh on Friday said the country has registered the highest-ever growth in the value of defence production in 2023-24, and that the Make in India programme is crossing new milestones.
Gujarat marked a significant leap in the annual increase in the FDI inflow during the Financial Year 023-24 and recorded a jump of USD 2.6 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India.
Regalo Kitchens, a leader in home interior and kitchen design, has announced the opening of its first franchise in Bengaluru. The latest franchise will strengthen the company's hold in the South Indian market. Notably, the company already has experience centres in six major cities. The opening of another new experience centre will cater for the tech city Bangalore with the company's product. It is worth mentioning that Bangalore is a huge market for such types of products making it easier for the company to expand its business.
The Food Safety and Standards Authority of India (FSSAI) has approved a proposal to display nutritional information of -- total sugar, salt and saturated fat on labels of packaged food items. The move is aimed at empowering consumers to be better informed about the nutritional value of food products. The information must be written in bold letters and a comparatively increased font size, the Ministry of Health and Family Welfare said in a release.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi.
The BSE Sensex and NSE Nifty indices reached new record highs during intraday trade, driven by positive global cues on Wednesday. The BSE Sensex breached the 80,000-mark for the first time, touching an all-time high of 80,074 before closing at 79,987, up by 545 points. Similarly, the NSE Nifty50 hit a new peak of 24,307 and settled 163 points higher at 24,287.
Stock markets: Equity benchmark indices continued their record run as they opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed over 300 points to 80,343. Meanwhile, the Nifty was also up by 97 points to 24,383. This bullish trend continues from the June 10 rally, after which the Sensex has surged by more than 3,000 points to date.
Income Tax Return Filing:  Whether you are employed or have your own business, as an individual taxpayer, you need to file your Income Tax Return (ITR) by July 31. The Income Tax Department has now made filing an income tax return very easy. If you want to file it yourself, you can do so easily. It's important to understand the form related to the income tax return. Knowing which ITR form is appropriate for you will simplify the process.  
Benchmark indices ended Thursday's trading session on a positive note, driven by a strong rally in information technology (IT) stocks. The S&P BSE Sensex closed 62.87 points higher at 80,049.67, while the NSE Nifty50 gained 15.65 points, settling at 24,302.15. The Nifty IT index rose over 1%, emerging as one of the top gainers among Nifty sectoral indices, alongside Nifty Pharma. 
Defence Minister Rajnath Singh on Friday said the country has registered the highest-ever growth in the value of defence production in 2023-24, and that the Make in India programme is crossing new milestones.
Gujarat marked a significant leap in the annual increase in the FDI inflow during the Financial Year 023-24 and recorded a jump of USD 2.6 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India.
Regalo Kitchens, a leader in home interior and kitchen design, has announced the opening of its first franchise in Bengaluru. The latest franchise will strengthen the company's hold in the South Indian market. Notably, the company already has experience centres in six major cities. The opening of another new experience centre will cater for the tech city Bangalore with the company's product. It is worth mentioning that Bangalore is a huge market for such types of products making it easier for the company to expand its business.
The Food Safety and Standards Authority of India (FSSAI) has approved a proposal to display nutritional information of -- total sugar, salt and saturated fat on labels of packaged food items. The move is aimed at empowering consumers to be better informed about the nutritional value of food products. The information must be written in bold letters and a comparatively increased font size, the Ministry of Health and Family Welfare said in a release.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi.
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 204.39 points to 79,792.21 in early trade. Meanwhile, the Nifty declined 40.75  points to 24,283.10 points. 
Stock markets: Equity benchmark indices continued their record run as they opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed over 300 points to 80,343. Meanwhile, the Nifty was also up by 97 points to 24,383. This bullish trend continues from the June 10 rally, after which the Sensex has surged by more than 3,000 points to date.
Income Tax Return Filing:  Whether you are employed or have your own business, as an individual taxpayer, you need to file your Income Tax Return (ITR) by July 31. The Income Tax Department has now made filing an income tax return very easy. If you want to file it yourself, you can do so easily. It's important to understand the form related to the income tax return. Knowing which ITR form is appropriate for you will simplify the process.  
Benchmark indices ended Thursday's trading session on a positive note, driven by a strong rally in information technology (IT) stocks. The S&P BSE Sensex closed 62.87 points higher at 80,049.67, while the NSE Nifty50 gained 15.65 points, settling at 24,302.15. The Nifty IT index rose over 1%, emerging as one of the top gainers among Nifty sectoral indices, alongside Nifty Pharma. 
Defence Minister Rajnath Singh on Friday said the country has registered the highest-ever growth in the value of defence production in 2023-24, and that the Make in India programme is crossing new milestones.
Gujarat marked a significant leap in the annual increase in the FDI inflow during the Financial Year 023-24 and recorded a jump of USD 2.6 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India.
Regalo Kitchens, a leader in home interior and kitchen design, has announced the opening of its first franchise in Bengaluru. The latest franchise will strengthen the company's hold in the South Indian market. Notably, the company already has experience centres in six major cities. The opening of another new experience centre will cater for the tech city Bangalore with the company's product. It is worth mentioning that Bangalore is a huge market for such types of products making it easier for the company to expand its business.
The Food Safety and Standards Authority of India (FSSAI) has approved a proposal to display nutritional information of -- total sugar, salt and saturated fat on labels of packaged food items. The move is aimed at empowering consumers to be better informed about the nutritional value of food products. The information must be written in bold letters and a comparatively increased font size, the Ministry of Health and Family Welfare said in a release.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi.
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 204.39 points to 79,792.21 in early trade. Meanwhile, the Nifty declined 40.75  points to 24,283.10 points. 
Income Tax refund:  Filing the Income Tax Return (ITR) is an important yearly responsibility of taxpayers, offering several advantages beyond mere legal compliance. Timely filing ensures your contribution to national development and allows you to claim refunds for any excess taxes paid. Additionally, an ITR serves as important proof of income, which is crucial when securing loans, applying for visas, or participating in government tenders. The government has simplified the refund process, making it easier to get your money back. The deadline for filing ITR is July 31, and it's important to file on time to avoid penalties or losses.
Benchmark indices ended Thursday's trading session on a positive note, driven by a strong rally in information technology (IT) stocks. The S&P BSE Sensex closed 62.87 points higher at 80,049.67, while the NSE Nifty50 gained 15.65 points, settling at 24,302.15. The Nifty IT index rose over 1%, emerging as one of the top gainers among Nifty sectoral indices, alongside Nifty Pharma. 
Defence Minister Rajnath Singh on Friday said the country has registered the highest-ever growth in the value of defence production in 2023-24, and that the Make in India programme is crossing new milestones.
Gujarat marked a significant leap in the annual increase in the FDI inflow during the Financial Year 023-24 and recorded a jump of USD 2.6 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India.
Regalo Kitchens, a leader in home interior and kitchen design, has announced the opening of its first franchise in Bengaluru. The latest franchise will strengthen the company's hold in the South Indian market. Notably, the company already has experience centres in six major cities. The opening of another new experience centre will cater for the tech city Bangalore with the company's product. It is worth mentioning that Bangalore is a huge market for such types of products making it easier for the company to expand its business.
The Food Safety and Standards Authority of India (FSSAI) has approved a proposal to display nutritional information of -- total sugar, salt and saturated fat on labels of packaged food items. The move is aimed at empowering consumers to be better informed about the nutritional value of food products. The information must be written in bold letters and a comparatively increased font size, the Ministry of Health and Family Welfare said in a release.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi.
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 204.39 points to 79,792.21 in early trade. Meanwhile, the Nifty declined 40.75  points to 24,283.10 points. 
Income Tax refund:  Filing the Income Tax Return (ITR) is an important yearly responsibility of taxpayers, offering several advantages beyond mere legal compliance. Timely filing ensures your contribution to national development and allows you to claim refunds for any excess taxes paid. Additionally, an ITR serves as important proof of income, which is crucial when securing loans, applying for visas, or participating in government tenders. The government has simplified the refund process, making it easier to get your money back. The deadline for filing ITR is July 31, and it's important to file on time to avoid penalties or losses.
HDFC Bank has announced a scheduled system upgrade on Saturday, July 13, 2024, aimed at enhancing performance speed, increasing capacity, and improving overall system reliability. This upgrade will result in temporary limitations on certain banking services. Customers are advised to plan their banking activities, as some services will be temporarily unavailable during the 13-and-a-half-hour upgrade period.
The deadline of July 31 to file the Income Tax Return for assessment year 2024-25 is nearing. Once the ITR is filed, the Income Tax Department will conduct an assessment and provide tax refunds. Hence, the filing of the ITR and subsequent processing of it is of paramount importance. Let us take a look at how the Tax department processes the ITR.
Benchmark indices ended Thursday's trading session on a positive note, driven by a strong rally in information technology (IT) stocks. The S&P BSE Sensex closed 62.87 points higher at 80,049.67, while the NSE Nifty50 gained 15.65 points, settling at 24,302.15. The Nifty IT index rose over 1%, emerging as one of the top gainers among Nifty sectoral indices, alongside Nifty Pharma. 
Defence Minister Rajnath Singh on Friday said the country has registered the highest-ever growth in the value of defence production in 2023-24, and that the Make in India programme is crossing new milestones.
Gujarat marked a significant leap in the annual increase in the FDI inflow during the Financial Year 023-24 and recorded a jump of USD 2.6 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India.
Regalo Kitchens, a leader in home interior and kitchen design, has announced the opening of its first franchise in Bengaluru. The latest franchise will strengthen the company's hold in the South Indian market. Notably, the company already has experience centres in six major cities. The opening of another new experience centre will cater for the tech city Bangalore with the company's product. It is worth mentioning that Bangalore is a huge market for such types of products making it easier for the company to expand its business.
The Food Safety and Standards Authority of India (FSSAI) has approved a proposal to display nutritional information of -- total sugar, salt and saturated fat on labels of packaged food items. The move is aimed at empowering consumers to be better informed about the nutritional value of food products. The information must be written in bold letters and a comparatively increased font size, the Ministry of Health and Family Welfare said in a release.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi.
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 204.39 points to 79,792.21 in early trade. Meanwhile, the Nifty declined 40.75  points to 24,283.10 points. 
Income Tax refund:  Filing the Income Tax Return (ITR) is an important yearly responsibility of taxpayers, offering several advantages beyond mere legal compliance. Timely filing ensures your contribution to national development and allows you to claim refunds for any excess taxes paid. Additionally, an ITR serves as important proof of income, which is crucial when securing loans, applying for visas, or participating in government tenders. The government has simplified the refund process, making it easier to get your money back. The deadline for filing ITR is July 31, and it's important to file on time to avoid penalties or losses.
HDFC Bank has announced a scheduled system upgrade on Saturday, July 13, 2024, aimed at enhancing performance speed, increasing capacity, and improving overall system reliability. This upgrade will result in temporary limitations on certain banking services. Customers are advised to plan their banking activities, as some services will be temporarily unavailable during the 13-and-a-half-hour upgrade period.
The deadline of July 31 to file the Income Tax Return for assessment year 2024-25 is nearing. Once the ITR is filed, the Income Tax Department will conduct an assessment and provide tax refunds. Hence, the filing of the ITR and subsequent processing of it is of paramount importance. Let us take a look at how the Tax department processes the ITR.
Benchmark indices ended Thursday's trading session on a positive note, driven by a strong rally in information technology (IT) stocks. The S&P BSE Sensex closed 62.87 points higher at 80,049.67, while the NSE Nifty50 gained 15.65 points, settling at 24,302.15. The Nifty IT index rose over 1%, emerging as one of the top gainers among Nifty sectoral indices, alongside Nifty Pharma. 
Defence Minister Rajnath Singh on Friday said the country has registered the highest-ever growth in the value of defence production in 2023-24, and that the Make in India programme is crossing new milestones.
Gujarat marked a significant leap in the annual increase in the FDI inflow during the Financial Year 023-24 and recorded a jump of USD 2.6 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India.
Regalo Kitchens, a leader in home interior and kitchen design, has announced the opening of its first franchise in Bengaluru. The latest franchise will strengthen the company's hold in the South Indian market. Notably, the company already has experience centres in six major cities. The opening of another new experience centre will cater for the tech city Bangalore with the company's product. It is worth mentioning that Bangalore is a huge market for such types of products making it easier for the company to expand its business.
The Food Safety and Standards Authority of India (FSSAI) has approved a proposal to display nutritional information of -- total sugar, salt and saturated fat on labels of packaged food items. The move is aimed at empowering consumers to be better informed about the nutritional value of food products. The information must be written in bold letters and a comparatively increased font size, the Ministry of Health and Family Welfare said in a release.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi.
Stock markets update: Equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 204.39 points to 79,792.21 in early trade. Meanwhile, the Nifty declined 40.75  points to 24,283.10 points. 
Income Tax refund:  Filing the Income Tax Return (ITR) is an important yearly responsibility of taxpayers, offering several advantages beyond mere legal compliance. Timely filing ensures your contribution to national development and allows you to claim refunds for any excess taxes paid. Additionally, an ITR serves as important proof of income, which is crucial when securing loans, applying for visas, or participating in government tenders. The government has simplified the refund process, making it easier to get your money back. The deadline for filing ITR is July 31, and it's important to file on time to avoid penalties or losses.
HDFC Bank has announced a scheduled system upgrade on Saturday, July 13, 2024, aimed at enhancing performance speed, increasing capacity, and improving overall system reliability. This upgrade will result in temporary limitations on certain banking services. Customers are advised to plan their banking activities, as some services will be temporarily unavailable during the 13-and-a-half-hour upgrade period.
The deadline of July 31 to file the Income Tax Return for assessment year 2024-25 is nearing. Once the ITR is filed, the Income Tax Department will conduct an assessment and provide tax refunds. Hence, the filing of the ITR and subsequent processing of it is of paramount importance. Let us take a look at how the Tax department processes the ITR.
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