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IndiaTV Business: Google News Feed: Digest for August 11, 2024

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An Air India flight from Dhaka landed in Delhi on Wednesday morning. The special flight brought back people from the violence-hit Bangladesh capital. Air India will operate its scheduled flights from Delhi to Dhaka on Wednesday, said the sources.
In a significant recovery, the stock markets rebounded strongly in early trade on Wednesday. The Sensex surged by 1,046.13 points, reaching 79,639.20. Similarly, the Nifty index saw a substantial increase of 313.9 points, climbing to 24,306.45. Among the 30 Sensex firms, Maruti, Infosys, UltraTech Cement, Adani Ports, JSW Steel, and HCL Technologies emerged as the biggest gainers. Conversely, Asian Paints, Kotak Mahindra Bank, Bharti Airtel, and Titan were the laggards.
Finance Bill 2024: Union Finance Minister Nirmala Sitharaman today (August 7) said the contentious Long Term Capital Gains (LTCG) tax proposal on real estate is being amended to give the option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Monetary Policy Committee (MPC) aims to guide inflation towards the target while supporting economic growth.
In a significant update, the Reserve Bank of India (RBI) announced on Thursday that the UPI transaction limit for tax payments has been increased from Rs 1 lakh to Rs 5 lakh per transaction. This change was revealed by RBI Governor Shaktikanta Das during the announcement of the third bi-monthly monetary policy for the current financial year.
 RBI announcements: Reserve Bank of India (RBI) Governor Shaktikanta Das announced several important decisions today. The outcomes of the Monetary Policy Committee (MPC) meeting, which began on June 6, were disclosed today. The RBI has opted to maintain the repo rate at 6.5 per cent for the ninth consecutive time. Additionally, the RBI introduced several key measures that will have a direct impact on the public. Let's explore how these changes could affect everyday people.
Indian markets witnessed heavy buying at the opening bell on Friday. The benchmark BSE Sensex jumped 789 points to reach 79,675, while the Nifty50 climbed by 0.98%, adding 235 points to settle at 24,352. The rally was driven by gains across all sectors, with IT stocks such as Tech Mahindra, Infosys, TCS, and HCL Tech leading the charge, each gaining around 2%.
Attention bank customers! The HDFC bank alerted its customers with a message that the UPI services will be down on Saturday due to scheduled maintenance and various services such as mobile banking app including GPay, Paytm, WhatsApp Pay and others would remain unavailable for three hours on August 10. In a mail sent to several users, the HDFC bank stated that HDFC Bank UPI services will remain unavailable and added that the UPI downtime would help them improve the efficiency of their services.
Closing market news: Indian equity indices closed in the green today (August 9) following positive sentiment in the markets. At closing, Sensex closed 819 points or 1.04 per cent higher at 79,705 and Nifty closed 250 points or 1.04 per cent higher at 24,367.
Here comes a piece of good news for bank customers who have fixed deposits in the Union Bank of India. The bank revised its interest rates on fixed deposits and said it is offering a special interest rate of 7.4% to regular citizens for term deposits with a 333-day tenure. The bank also said it has increased fixed deposit (FD) interest rates for FDs of up to Rs 3 crore.
An Air India flight from Dhaka landed in Delhi on Wednesday morning. The special flight brought back people from the violence-hit Bangladesh capital. Air India will operate its scheduled flights from Delhi to Dhaka on Wednesday, said the sources.
In a significant recovery, the stock markets rebounded strongly in early trade on Wednesday. The Sensex surged by 1,046.13 points, reaching 79,639.20. Similarly, the Nifty index saw a substantial increase of 313.9 points, climbing to 24,306.45. Among the 30 Sensex firms, Maruti, Infosys, UltraTech Cement, Adani Ports, JSW Steel, and HCL Technologies emerged as the biggest gainers. Conversely, Asian Paints, Kotak Mahindra Bank, Bharti Airtel, and Titan were the laggards.
Finance Bill 2024: Union Finance Minister Nirmala Sitharaman today (August 7) said the contentious Long Term Capital Gains (LTCG) tax proposal on real estate is being amended to give the option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Monetary Policy Committee (MPC) aims to guide inflation towards the target while supporting economic growth.
In a significant update, the Reserve Bank of India (RBI) announced on Thursday that the UPI transaction limit for tax payments has been increased from Rs 1 lakh to Rs 5 lakh per transaction. This change was revealed by RBI Governor Shaktikanta Das during the announcement of the third bi-monthly monetary policy for the current financial year.
 RBI announcements: Reserve Bank of India (RBI) Governor Shaktikanta Das announced several important decisions today. The outcomes of the Monetary Policy Committee (MPC) meeting, which began on June 6, were disclosed today. The RBI has opted to maintain the repo rate at 6.5 per cent for the ninth consecutive time. Additionally, the RBI introduced several key measures that will have a direct impact on the public. Let's explore how these changes could affect everyday people.
Indian markets witnessed heavy buying at the opening bell on Friday. The benchmark BSE Sensex jumped 789 points to reach 79,675, while the Nifty50 climbed by 0.98%, adding 235 points to settle at 24,352. The rally was driven by gains across all sectors, with IT stocks such as Tech Mahindra, Infosys, TCS, and HCL Tech leading the charge, each gaining around 2%.
Attention bank customers! The HDFC bank alerted its customers with a message that the UPI services will be down on Saturday due to scheduled maintenance and various services such as mobile banking app including GPay, Paytm, WhatsApp Pay and others would remain unavailable for three hours on August 10. In a mail sent to several users, the HDFC bank stated that HDFC Bank UPI services will remain unavailable and added that the UPI downtime would help them improve the efficiency of their services.
Closing market news: Indian equity indices closed in the green today (August 9) following positive sentiment in the markets. At closing, Sensex closed 819 points or 1.04 per cent higher at 79,705 and Nifty closed 250 points or 1.04 per cent higher at 24,367.
Here comes a piece of good news for bank customers who have fixed deposits in the Union Bank of India. The bank revised its interest rates on fixed deposits and said it is offering a special interest rate of 7.4% to regular citizens for term deposits with a 333-day tenure. The bank also said it has increased fixed deposit (FD) interest rates for FDs of up to Rs 3 crore.
In a significant recovery, the stock markets rebounded strongly in early trade on Wednesday. The Sensex surged by 1,046.13 points, reaching 79,639.20. Similarly, the Nifty index saw a substantial increase of 313.9 points, climbing to 24,306.45. Among the 30 Sensex firms, Maruti, Infosys, UltraTech Cement, Adani Ports, JSW Steel, and HCL Technologies emerged as the biggest gainers. Conversely, Asian Paints, Kotak Mahindra Bank, Bharti Airtel, and Titan were the laggards.
Finance Bill 2024: Union Finance Minister Nirmala Sitharaman today (August 7) said the contentious Long Term Capital Gains (LTCG) tax proposal on real estate is being amended to give the option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Monetary Policy Committee (MPC) aims to guide inflation towards the target while supporting economic growth.
In a significant update, the Reserve Bank of India (RBI) announced on Thursday that the UPI transaction limit for tax payments has been increased from Rs 1 lakh to Rs 5 lakh per transaction. This change was revealed by RBI Governor Shaktikanta Das during the announcement of the third bi-monthly monetary policy for the current financial year.
 RBI announcements: Reserve Bank of India (RBI) Governor Shaktikanta Das announced several important decisions today. The outcomes of the Monetary Policy Committee (MPC) meeting, which began on June 6, were disclosed today. The RBI has opted to maintain the repo rate at 6.5 per cent for the ninth consecutive time. Additionally, the RBI introduced several key measures that will have a direct impact on the public. Let's explore how these changes could affect everyday people.
Indian markets witnessed heavy buying at the opening bell on Friday. The benchmark BSE Sensex jumped 789 points to reach 79,675, while the Nifty50 climbed by 0.98%, adding 235 points to settle at 24,352. The rally was driven by gains across all sectors, with IT stocks such as Tech Mahindra, Infosys, TCS, and HCL Tech leading the charge, each gaining around 2%.
Attention bank customers! The HDFC bank alerted its customers with a message that the UPI services will be down on Saturday due to scheduled maintenance and various services such as mobile banking app including GPay, Paytm, WhatsApp Pay and others would remain unavailable for three hours on August 10. In a mail sent to several users, the HDFC bank stated that HDFC Bank UPI services will remain unavailable and added that the UPI downtime would help them improve the efficiency of their services.
Closing market news: Indian equity indices closed in the green today (August 9) following positive sentiment in the markets. At closing, Sensex closed 819 points or 1.04 per cent higher at 79,705 and Nifty closed 250 points or 1.04 per cent higher at 24,367.
Here comes a piece of good news for bank customers who have fixed deposits in the Union Bank of India. The bank revised its interest rates on fixed deposits and said it is offering a special interest rate of 7.4% to regular citizens for term deposits with a 333-day tenure. The bank also said it has increased fixed deposit (FD) interest rates for FDs of up to Rs 3 crore.
The Bank of Baroda on Friday announced hike in lending rates by 5 basis points (bps) on 3-month, 6-month, and 1-year tenures, with effect from August 12, 2024. As peer the regulatory filing by the bank on August 9, the bank said it has reviewed/ changed marginal cost of funds based lending rate (MCLR) with effect from August 12, 2024. With the latest hike in the marginal cost of funds-based lending rates (MCLR), the loan EMIs will increase for borrowers.
Finance Bill 2024: Union Finance Minister Nirmala Sitharaman today (August 7) said the contentious Long Term Capital Gains (LTCG) tax proposal on real estate is being amended to give the option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Monetary Policy Committee (MPC) aims to guide inflation towards the target while supporting economic growth.
In a significant update, the Reserve Bank of India (RBI) announced on Thursday that the UPI transaction limit for tax payments has been increased from Rs 1 lakh to Rs 5 lakh per transaction. This change was revealed by RBI Governor Shaktikanta Das during the announcement of the third bi-monthly monetary policy for the current financial year.
 RBI announcements: Reserve Bank of India (RBI) Governor Shaktikanta Das announced several important decisions today. The outcomes of the Monetary Policy Committee (MPC) meeting, which began on June 6, were disclosed today. The RBI has opted to maintain the repo rate at 6.5 per cent for the ninth consecutive time. Additionally, the RBI introduced several key measures that will have a direct impact on the public. Let's explore how these changes could affect everyday people.
Indian markets witnessed heavy buying at the opening bell on Friday. The benchmark BSE Sensex jumped 789 points to reach 79,675, while the Nifty50 climbed by 0.98%, adding 235 points to settle at 24,352. The rally was driven by gains across all sectors, with IT stocks such as Tech Mahindra, Infosys, TCS, and HCL Tech leading the charge, each gaining around 2%.
Attention bank customers! The HDFC bank alerted its customers with a message that the UPI services will be down on Saturday due to scheduled maintenance and various services such as mobile banking app including GPay, Paytm, WhatsApp Pay and others would remain unavailable for three hours on August 10. In a mail sent to several users, the HDFC bank stated that HDFC Bank UPI services will remain unavailable and added that the UPI downtime would help them improve the efficiency of their services.
Closing market news: Indian equity indices closed in the green today (August 9) following positive sentiment in the markets. At closing, Sensex closed 819 points or 1.04 per cent higher at 79,705 and Nifty closed 250 points or 1.04 per cent higher at 24,367.
Here comes a piece of good news for bank customers who have fixed deposits in the Union Bank of India. The bank revised its interest rates on fixed deposits and said it is offering a special interest rate of 7.4% to regular citizens for term deposits with a 333-day tenure. The bank also said it has increased fixed deposit (FD) interest rates for FDs of up to Rs 3 crore.
The Bank of Baroda on Friday announced hike in lending rates by 5 basis points (bps) on 3-month, 6-month, and 1-year tenures, with effect from August 12, 2024. As peer the regulatory filing by the bank on August 9, the bank said it has reviewed/ changed marginal cost of funds based lending rate (MCLR) with effect from August 12, 2024. With the latest hike in the marginal cost of funds-based lending rates (MCLR), the loan EMIs will increase for borrowers.
Union Finance Minister Nirmala Sitharaman has called on banks to concentrate on their core business activities, emphasising the importance of innovative products to increase deposits. She highlighted the need for stricter deposit collection and lending practices while addressing a press conference following a post-budget meeting with the RBI.
Finance Bill 2024: Union Finance Minister Nirmala Sitharaman today (August 7) said the contentious Long Term Capital Gains (LTCG) tax proposal on real estate is being amended to give the option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Monetary Policy Committee (MPC) aims to guide inflation towards the target while supporting economic growth.
In a significant update, the Reserve Bank of India (RBI) announced on Thursday that the UPI transaction limit for tax payments has been increased from Rs 1 lakh to Rs 5 lakh per transaction. This change was revealed by RBI Governor Shaktikanta Das during the announcement of the third bi-monthly monetary policy for the current financial year.
 RBI announcements: Reserve Bank of India (RBI) Governor Shaktikanta Das announced several important decisions today. The outcomes of the Monetary Policy Committee (MPC) meeting, which began on June 6, were disclosed today. The RBI has opted to maintain the repo rate at 6.5 per cent for the ninth consecutive time. Additionally, the RBI introduced several key measures that will have a direct impact on the public. Let's explore how these changes could affect everyday people.
Indian markets witnessed heavy buying at the opening bell on Friday. The benchmark BSE Sensex jumped 789 points to reach 79,675, while the Nifty50 climbed by 0.98%, adding 235 points to settle at 24,352. The rally was driven by gains across all sectors, with IT stocks such as Tech Mahindra, Infosys, TCS, and HCL Tech leading the charge, each gaining around 2%.
Attention bank customers! The HDFC bank alerted its customers with a message that the UPI services will be down on Saturday due to scheduled maintenance and various services such as mobile banking app including GPay, Paytm, WhatsApp Pay and others would remain unavailable for three hours on August 10. In a mail sent to several users, the HDFC bank stated that HDFC Bank UPI services will remain unavailable and added that the UPI downtime would help them improve the efficiency of their services.
Closing market news: Indian equity indices closed in the green today (August 9) following positive sentiment in the markets. At closing, Sensex closed 819 points or 1.04 per cent higher at 79,705 and Nifty closed 250 points or 1.04 per cent higher at 24,367.
Here comes a piece of good news for bank customers who have fixed deposits in the Union Bank of India. The bank revised its interest rates on fixed deposits and said it is offering a special interest rate of 7.4% to regular citizens for term deposits with a 333-day tenure. The bank also said it has increased fixed deposit (FD) interest rates for FDs of up to Rs 3 crore.
The Bank of Baroda on Friday announced hike in lending rates by 5 basis points (bps) on 3-month, 6-month, and 1-year tenures, with effect from August 12, 2024. As peer the regulatory filing by the bank on August 9, the bank said it has reviewed/ changed marginal cost of funds based lending rate (MCLR) with effect from August 12, 2024. With the latest hike in the marginal cost of funds-based lending rates (MCLR), the loan EMIs will increase for borrowers.
Union Finance Minister Nirmala Sitharaman has called on banks to concentrate on their core business activities, emphasising the importance of innovative products to increase deposits. She highlighted the need for stricter deposit collection and lending practices while addressing a press conference following a post-budget meeting with the RBI.
Finance Bill 2024: Union Finance Minister Nirmala Sitharaman today (August 7) said the contentious Long Term Capital Gains (LTCG) tax proposal on real estate is being amended to give the option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Monetary Policy Committee (MPC) aims to guide inflation towards the target while supporting economic growth.
In a significant update, the Reserve Bank of India (RBI) announced on Thursday that the UPI transaction limit for tax payments has been increased from Rs 1 lakh to Rs 5 lakh per transaction. This change was revealed by RBI Governor Shaktikanta Das during the announcement of the third bi-monthly monetary policy for the current financial year.
 RBI announcements: Reserve Bank of India (RBI) Governor Shaktikanta Das announced several important decisions today. The outcomes of the Monetary Policy Committee (MPC) meeting, which began on June 6, were disclosed today. The RBI has opted to maintain the repo rate at 6.5 per cent for the ninth consecutive time. Additionally, the RBI introduced several key measures that will have a direct impact on the public. Let's explore how these changes could affect everyday people.
Indian markets witnessed heavy buying at the opening bell on Friday. The benchmark BSE Sensex jumped 789 points to reach 79,675, while the Nifty50 climbed by 0.98%, adding 235 points to settle at 24,352. The rally was driven by gains across all sectors, with IT stocks such as Tech Mahindra, Infosys, TCS, and HCL Tech leading the charge, each gaining around 2%.
Attention bank customers! The HDFC bank alerted its customers with a message that the UPI services will be down on Saturday due to scheduled maintenance and various services such as mobile banking app including GPay, Paytm, WhatsApp Pay and others would remain unavailable for three hours on August 10. In a mail sent to several users, the HDFC bank stated that HDFC Bank UPI services will remain unavailable and added that the UPI downtime would help them improve the efficiency of their services.
Closing market news: Indian equity indices closed in the green today (August 9) following positive sentiment in the markets. At closing, Sensex closed 819 points or 1.04 per cent higher at 79,705 and Nifty closed 250 points or 1.04 per cent higher at 24,367.
Here comes a piece of good news for bank customers who have fixed deposits in the Union Bank of India. The bank revised its interest rates on fixed deposits and said it is offering a special interest rate of 7.4% to regular citizens for term deposits with a 333-day tenure. The bank also said it has increased fixed deposit (FD) interest rates for FDs of up to Rs 3 crore.
The Bank of Baroda on Friday announced hike in lending rates by 5 basis points (bps) on 3-month, 6-month, and 1-year tenures, with effect from August 12, 2024. As peer the regulatory filing by the bank on August 9, the bank said it has reviewed/ changed marginal cost of funds based lending rate (MCLR) with effect from August 12, 2024. With the latest hike in the marginal cost of funds-based lending rates (MCLR), the loan EMIs will increase for borrowers.
Union Finance Minister Nirmala Sitharaman has called on banks to concentrate on their core business activities, emphasising the importance of innovative products to increase deposits. She highlighted the need for stricter deposit collection and lending practices while addressing a press conference following a post-budget meeting with the RBI.
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