-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

IndiaTV Business: Google News Feed: Digest for July 10, 2024

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

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.
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.
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 205.99 points to 80,166.37. Meanwhile, the Nifty was also up by 53 points to 24,373.55. 
Budget 2024: The government is considering doubling the beneficiary base under its flagship Ayushman Bharat health insurance scheme over the next three years, beginning with the inclusion of all individuals aged above 70 years. The Centre may also increase the insurance coverage to Rs 10 lakh per year in the Union Budget 2024.
PF account balance: Employees who contribute to an Employees' Provident Fund (EPF) account can conveniently check their EPF balance online, eliminating the need to wait for their employer to provide the annual EPF statement. According to EPFO rules, 12 per cent of an employee's basic salary and dearness allowance (DA) is deposited monthly into the PF account, with the company also contributing 12 per cent. Of the company's contribution, 3.67 per cent goes to the PF account, while 8.33 per cent is allocated to the pension scheme. There are several methods available for employees to check their PF account balance instantly. Here are four easy ways to access this information.
The Indian Medical Association (IMA) has called for a significant increase in financial resources allocated to the health sector in the upcoming budget. In a letter addressed to Finance Minister Nirmala Sitharaman, the IMA advocated for a tax-based health financing system. The association highlighted the low government spending on health, noting that allocations ranging from 1.1 to 1.6 per cent of GDP by various administrations are among the lowest globally. The IMA emphasised the urgent need for increased funding to improve the nation's healthcare infrastructure and services.
Tomato price rise: Tomato woes are back, with the staple now retailing at an average price of Rs 70-80 per kg, compared to the earlier Rs 30-35 per kg, in several parts of India. In multiple cities, prices have surged up to Rs 90 per kilogram, likely impacting millions of households. Several factors have contributed to this price hike, including unfavourable weather conditions affecting crop yields, disruptions in the supply chain, and increased transportation costs. These challenges have collectively driven up the cost of tomatoes, straining household budgets across the nation.
Budget 2024: In the general budget for the fiscal year 2024-25, the focus should be on providing relief to taxpayers, especially those in the lower-income group, to boost consumption, Industry leaders suggested to Finance Minister Nirmala Sitharaman. Sitharaman is set to present the full budget for 2024-25 on July 23, which will be the first major policy document of the Narendra Modi 3.0. The industry has also urged the Finance Minister to reduce corporate taxes, phase out tax exemptions, and broaden the tax base to promote economic growth.
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.
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 205.99 points to 80,166.37. Meanwhile, the Nifty was also up by 53 points to 24,373.55. 
Budget 2024: The government is considering doubling the beneficiary base under its flagship Ayushman Bharat health insurance scheme over the next three years, beginning with the inclusion of all individuals aged above 70 years. The Centre may also increase the insurance coverage to Rs 10 lakh per year in the Union Budget 2024.
PF account balance: Employees who contribute to an Employees' Provident Fund (EPF) account can conveniently check their EPF balance online, eliminating the need to wait for their employer to provide the annual EPF statement. According to EPFO rules, 12 per cent of an employee's basic salary and dearness allowance (DA) is deposited monthly into the PF account, with the company also contributing 12 per cent. Of the company's contribution, 3.67 per cent goes to the PF account, while 8.33 per cent is allocated to the pension scheme. There are several methods available for employees to check their PF account balance instantly. Here are four easy ways to access this information.
The Indian Medical Association (IMA) has called for a significant increase in financial resources allocated to the health sector in the upcoming budget. In a letter addressed to Finance Minister Nirmala Sitharaman, the IMA advocated for a tax-based health financing system. The association highlighted the low government spending on health, noting that allocations ranging from 1.1 to 1.6 per cent of GDP by various administrations are among the lowest globally. The IMA emphasised the urgent need for increased funding to improve the nation's healthcare infrastructure and services.
Tomato price rise: Tomato woes are back, with the staple now retailing at an average price of Rs 70-80 per kg, compared to the earlier Rs 30-35 per kg, in several parts of India. In multiple cities, prices have surged up to Rs 90 per kilogram, likely impacting millions of households. Several factors have contributed to this price hike, including unfavourable weather conditions affecting crop yields, disruptions in the supply chain, and increased transportation costs. These challenges have collectively driven up the cost of tomatoes, straining household budgets across the nation.
Budget 2024: In the general budget for the fiscal year 2024-25, the focus should be on providing relief to taxpayers, especially those in the lower-income group, to boost consumption, Industry leaders suggested to Finance Minister Nirmala Sitharaman. Sitharaman is set to present the full budget for 2024-25 on July 23, which will be the first major policy document of the Narendra Modi 3.0. The industry has also urged the Finance Minister to reduce corporate taxes, phase out tax exemptions, and broaden the tax base to promote economic growth.
The equity benchmark indices BSE Sensex and NSE Nifty surged to record highs on Tuesday. The Sensex closed at a new peak of 80,351.64, up 391.26 points, after hitting an intra-day high of 80,397. Meanwhile, the Nifty ended at 24,433.20, gaining 112.65 points and closing above the 24,400 mark for the first time in history.
The Reserve Bank of India released an update on employment in India and said that the nation added nearly 4.7 crore jobs during the financial year 2023-24. With this, the total number of employed people in India reached 64.33 crore, who are spread over 27 sectors covering the entire economy.
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.
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 205.99 points to 80,166.37. Meanwhile, the Nifty was also up by 53 points to 24,373.55. 
Budget 2024: The government is considering doubling the beneficiary base under its flagship Ayushman Bharat health insurance scheme over the next three years, beginning with the inclusion of all individuals aged above 70 years. The Centre may also increase the insurance coverage to Rs 10 lakh per year in the Union Budget 2024.
PF account balance: Employees who contribute to an Employees' Provident Fund (EPF) account can conveniently check their EPF balance online, eliminating the need to wait for their employer to provide the annual EPF statement. According to EPFO rules, 12 per cent of an employee's basic salary and dearness allowance (DA) is deposited monthly into the PF account, with the company also contributing 12 per cent. Of the company's contribution, 3.67 per cent goes to the PF account, while 8.33 per cent is allocated to the pension scheme. There are several methods available for employees to check their PF account balance instantly. Here are four easy ways to access this information.
The Indian Medical Association (IMA) has called for a significant increase in financial resources allocated to the health sector in the upcoming budget. In a letter addressed to Finance Minister Nirmala Sitharaman, the IMA advocated for a tax-based health financing system. The association highlighted the low government spending on health, noting that allocations ranging from 1.1 to 1.6 per cent of GDP by various administrations are among the lowest globally. The IMA emphasised the urgent need for increased funding to improve the nation's healthcare infrastructure and services.
Tomato price rise: Tomato woes are back, with the staple now retailing at an average price of Rs 70-80 per kg, compared to the earlier Rs 30-35 per kg, in several parts of India. In multiple cities, prices have surged up to Rs 90 per kilogram, likely impacting millions of households. Several factors have contributed to this price hike, including unfavourable weather conditions affecting crop yields, disruptions in the supply chain, and increased transportation costs. These challenges have collectively driven up the cost of tomatoes, straining household budgets across the nation.
Budget 2024: In the general budget for the fiscal year 2024-25, the focus should be on providing relief to taxpayers, especially those in the lower-income group, to boost consumption, Industry leaders suggested to Finance Minister Nirmala Sitharaman. Sitharaman is set to present the full budget for 2024-25 on July 23, which will be the first major policy document of the Narendra Modi 3.0. The industry has also urged the Finance Minister to reduce corporate taxes, phase out tax exemptions, and broaden the tax base to promote economic growth.
The equity benchmark indices BSE Sensex and NSE Nifty surged to record highs on Tuesday. The Sensex closed at a new peak of 80,351.64, up 391.26 points, after hitting an intra-day high of 80,397. Meanwhile, the Nifty ended at 24,433.20, gaining 112.65 points and closing above the 24,400 mark for the first time in history.
The Reserve Bank of India released an update on employment in India and said that the nation added nearly 4.7 crore jobs during the financial year 2023-24. With this, the total number of employed people in India reached 64.33 crore, who are spread over 27 sectors covering the entire economy.
Prime Minister Narendra Modi will meet with top economists and sectoral experts on Thursday to gather insights for the upcoming Union Budget. Union Finance Minister Nirmala Sitharaman is slated to present the 2024–25 Budget in the Lok Sabha on July 23. The meeting will also feature Niti Aayog, Vice Chairman Suman Bery and other key members.
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.
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 205.99 points to 80,166.37. Meanwhile, the Nifty was also up by 53 points to 24,373.55. 
Budget 2024: The government is considering doubling the beneficiary base under its flagship Ayushman Bharat health insurance scheme over the next three years, beginning with the inclusion of all individuals aged above 70 years. The Centre may also increase the insurance coverage to Rs 10 lakh per year in the Union Budget 2024.
PF account balance: Employees who contribute to an Employees' Provident Fund (EPF) account can conveniently check their EPF balance online, eliminating the need to wait for their employer to provide the annual EPF statement. According to EPFO rules, 12 per cent of an employee's basic salary and dearness allowance (DA) is deposited monthly into the PF account, with the company also contributing 12 per cent. Of the company's contribution, 3.67 per cent goes to the PF account, while 8.33 per cent is allocated to the pension scheme. There are several methods available for employees to check their PF account balance instantly. Here are four easy ways to access this information.
The Indian Medical Association (IMA) has called for a significant increase in financial resources allocated to the health sector in the upcoming budget. In a letter addressed to Finance Minister Nirmala Sitharaman, the IMA advocated for a tax-based health financing system. The association highlighted the low government spending on health, noting that allocations ranging from 1.1 to 1.6 per cent of GDP by various administrations are among the lowest globally. The IMA emphasised the urgent need for increased funding to improve the nation's healthcare infrastructure and services.
Tomato price rise: Tomato woes are back, with the staple now retailing at an average price of Rs 70-80 per kg, compared to the earlier Rs 30-35 per kg, in several parts of India. In multiple cities, prices have surged up to Rs 90 per kilogram, likely impacting millions of households. Several factors have contributed to this price hike, including unfavourable weather conditions affecting crop yields, disruptions in the supply chain, and increased transportation costs. These challenges have collectively driven up the cost of tomatoes, straining household budgets across the nation.
Budget 2024: In the general budget for the fiscal year 2024-25, the focus should be on providing relief to taxpayers, especially those in the lower-income group, to boost consumption, Industry leaders suggested to Finance Minister Nirmala Sitharaman. Sitharaman is set to present the full budget for 2024-25 on July 23, which will be the first major policy document of the Narendra Modi 3.0. The industry has also urged the Finance Minister to reduce corporate taxes, phase out tax exemptions, and broaden the tax base to promote economic growth.
The equity benchmark indices BSE Sensex and NSE Nifty surged to record highs on Tuesday. The Sensex closed at a new peak of 80,351.64, up 391.26 points, after hitting an intra-day high of 80,397. Meanwhile, the Nifty ended at 24,433.20, gaining 112.65 points and closing above the 24,400 mark for the first time in history.
The Reserve Bank of India released an update on employment in India and said that the nation added nearly 4.7 crore jobs during the financial year 2023-24. With this, the total number of employed people in India reached 64.33 crore, who are spread over 27 sectors covering the entire economy.
Prime Minister Narendra Modi will meet with top economists and sectoral experts on Thursday to gather insights for the upcoming Union Budget. Union Finance Minister Nirmala Sitharaman is slated to present the 2024–25 Budget in the Lok Sabha on July 23. The meeting will also feature Niti Aayog, Vice Chairman Suman Bery and other key members.
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