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IndiaTV Business: Google News Feed: Digest for August 22, 2024

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In early trading, the Sensex saw a significant jump, gaining 805.96 points to reach 79,911.84. Similarly, the Nifty index surged by 252.05 points, climbing to 24,395.80. This strong market performance reflects positive investor sentiment and robust economic indicators. All 30 Sensex stocks were trading higher, with major gainers including Mahindra & Mahindra, Tata Motors, Tech Mahindra, Tata Consultancy Services, HCL Technologies, Reliance Industries, ICICI Bank, JSW Steel, Infosys, and IndusInd Bank.
Saraswati Saree Depot is set to finalise the allotment of its IPO shares on Friday, August 16. Investors who participated in the bidding process, which saw strong demand, can check their allotment status over the extended weekend or by Monday. The IPO was subscribed 107.52 times overall, with particularly high interest from non-institutional bidders.
The Union Cabinet on Friday (August 16) approved two new airport projects in Bihar and West Bengal, and three metro rail projects in Pune, Thane and Bengalore. The Cabinet gave its nod to airport projects at Bagdogra in West Bengal and Bihta in Bihar for an estimated total cost of Rs 2,962 crore, Information and Broadcasting Minister Ashwini Vaishnaw informed. Vaishnaw said a new civil enclave at Bagdogra airport has been approved for an estimated cost of Rs 1,549 crore.
India has been trailing among G20 nations in terms of employment generation with the country in need to create an additional 148 million jobs by 2030 considering the population growth, IMF's First Deputy Managing Director Gita Gopinath said on Saturday. Speaking at the Diamond Jubilee event at the Delhi School of Economics, Gopinath said India on average grew at 6.6 per cent for the decade starting in 2010 but the employment rate was under 2 per cent.
Raksha Bandhan will be celebrated across the country on Monday and as per the RBI holiday calendar, banks in multiple cities will be closed on Monday on account of this festival as August 19 has been designated a public holioday. Apart from Raksha Bandhan, banks will also remain shut on account of Jhulana Purnima and birth anniversary of Bir Bikram Kishore Manikya Bahadur.
Sriperumbudur: Foxconn's chairman defended its hiring practices after New Delhi ordered investigations following a news agency Reuters report that claimed the Apple supplier rejects married women from iPhone assembly jobs. However, the company is aiming to set up a battery energy storage system unit in India. "Foxconn hires regardless of gender, but women make up a big part of our workforce Sriperumbudur," Young Liu said during the opening ceremony for a hostel complex for its workers near Chennai in Tamil Nadu on Saturday. "I emphasise married women greatly contribute to the efforts of what we're doing here," he added, making his first comments since the Reuters investigation.

Sensex opens green, climbs 243 points, Nifty above 24,600

Monday 19 August 2024 04:42 AM UTC+00
The Indian stock market indices gained in the opening session on Monday. Starting the week on a positive note following global stock market sentiments, NSE's Nifty 50 index gained 95.20 points or 0.39 per cent to reach 24,636.35 in the opening session. Meanwhile, BSE's Sensex also opened higher with a surge of 0.30 per cent or 243.41 points and was trading at 80,680.25. In the bench market indices, Nifty Next 50, Nifty 100, Nifty 200, Nifty Small Cap and Nifty Midcap followed the gains and opened positive.
Indian airlines carried over 1.29 crore passengers in July, an increase of more than 7.3 per cent as compared to the year-ago period, official data showed on Monday (August 19). However, the air traffic in July was lower compared to 1.32 crore people carried by the domestic airlines in June this year.
DDA flats: If you are planning to buy your dream home in the nation's capital, Delhi, this might be the best news for you. The Delhi Development Authority (DDA) has launched three housing schemes designed to provide affordable housing options for residents in Delhi, catering to a wide range of income groups. The DDA launched three different housing schemes on Monday (August 19), offering around 40,000 flats. These schemes also include flats that were previously unsold.
Benchmark equity indices, Sensex and Nifty, saw gains in early trading on Tuesday, driven by positive global market trends and continued retail investor interest. The 30-share BSE Sensex climbed by 338.21 points to 80,762.89, while the NSE Nifty rose by 87.65 points to 24,660.30.
Saraswati Saree Depot is set to finalise the allotment of its IPO shares on Friday, August 16. Investors who participated in the bidding process, which saw strong demand, can check their allotment status over the extended weekend or by Monday. The IPO was subscribed 107.52 times overall, with particularly high interest from non-institutional bidders.
The Union Cabinet on Friday (August 16) approved two new airport projects in Bihar and West Bengal, and three metro rail projects in Pune, Thane and Bengalore. The Cabinet gave its nod to airport projects at Bagdogra in West Bengal and Bihta in Bihar for an estimated total cost of Rs 2,962 crore, Information and Broadcasting Minister Ashwini Vaishnaw informed. Vaishnaw said a new civil enclave at Bagdogra airport has been approved for an estimated cost of Rs 1,549 crore.
India has been trailing among G20 nations in terms of employment generation with the country in need to create an additional 148 million jobs by 2030 considering the population growth, IMF's First Deputy Managing Director Gita Gopinath said on Saturday. Speaking at the Diamond Jubilee event at the Delhi School of Economics, Gopinath said India on average grew at 6.6 per cent for the decade starting in 2010 but the employment rate was under 2 per cent.
Raksha Bandhan will be celebrated across the country on Monday and as per the RBI holiday calendar, banks in multiple cities will be closed on Monday on account of this festival as August 19 has been designated a public holioday. Apart from Raksha Bandhan, banks will also remain shut on account of Jhulana Purnima and birth anniversary of Bir Bikram Kishore Manikya Bahadur.
Sriperumbudur: Foxconn's chairman defended its hiring practices after New Delhi ordered investigations following a news agency Reuters report that claimed the Apple supplier rejects married women from iPhone assembly jobs. However, the company is aiming to set up a battery energy storage system unit in India. "Foxconn hires regardless of gender, but women make up a big part of our workforce Sriperumbudur," Young Liu said during the opening ceremony for a hostel complex for its workers near Chennai in Tamil Nadu on Saturday. "I emphasise married women greatly contribute to the efforts of what we're doing here," he added, making his first comments since the Reuters investigation.

Sensex opens green, climbs 243 points, Nifty above 24,600

Monday 19 August 2024 04:42 AM UTC+00
The Indian stock market indices gained in the opening session on Monday. Starting the week on a positive note following global stock market sentiments, NSE's Nifty 50 index gained 95.20 points or 0.39 per cent to reach 24,636.35 in the opening session. Meanwhile, BSE's Sensex also opened higher with a surge of 0.30 per cent or 243.41 points and was trading at 80,680.25. In the bench market indices, Nifty Next 50, Nifty 100, Nifty 200, Nifty Small Cap and Nifty Midcap followed the gains and opened positive.
Indian airlines carried over 1.29 crore passengers in July, an increase of more than 7.3 per cent as compared to the year-ago period, official data showed on Monday (August 19). However, the air traffic in July was lower compared to 1.32 crore people carried by the domestic airlines in June this year.
DDA flats: If you are planning to buy your dream home in the nation's capital, Delhi, this might be the best news for you. The Delhi Development Authority (DDA) has launched three housing schemes designed to provide affordable housing options for residents in Delhi, catering to a wide range of income groups. The DDA launched three different housing schemes on Monday (August 19), offering around 40,000 flats. These schemes also include flats that were previously unsold.
Benchmark equity indices, Sensex and Nifty, saw gains in early trading on Tuesday, driven by positive global market trends and continued retail investor interest. The 30-share BSE Sensex climbed by 338.21 points to 80,762.89, while the NSE Nifty rose by 87.65 points to 24,660.30.
RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine for the second consecutive year, making him one of only three central bank governors globally to receive the top rating. Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan were the other two to earn this distinction.
India has been trailing among G20 nations in terms of employment generation with the country in need to create an additional 148 million jobs by 2030 considering the population growth, IMF's First Deputy Managing Director Gita Gopinath said on Saturday. Speaking at the Diamond Jubilee event at the Delhi School of Economics, Gopinath said India on average grew at 6.6 per cent for the decade starting in 2010 but the employment rate was under 2 per cent.
Raksha Bandhan will be celebrated across the country on Monday and as per the RBI holiday calendar, banks in multiple cities will be closed on Monday on account of this festival as August 19 has been designated a public holioday. Apart from Raksha Bandhan, banks will also remain shut on account of Jhulana Purnima and birth anniversary of Bir Bikram Kishore Manikya Bahadur.
Sriperumbudur: Foxconn's chairman defended its hiring practices after New Delhi ordered investigations following a news agency Reuters report that claimed the Apple supplier rejects married women from iPhone assembly jobs. However, the company is aiming to set up a battery energy storage system unit in India. "Foxconn hires regardless of gender, but women make up a big part of our workforce Sriperumbudur," Young Liu said during the opening ceremony for a hostel complex for its workers near Chennai in Tamil Nadu on Saturday. "I emphasise married women greatly contribute to the efforts of what we're doing here," he added, making his first comments since the Reuters investigation.

Sensex opens green, climbs 243 points, Nifty above 24,600

Monday 19 August 2024 04:42 AM UTC+00
The Indian stock market indices gained in the opening session on Monday. Starting the week on a positive note following global stock market sentiments, NSE's Nifty 50 index gained 95.20 points or 0.39 per cent to reach 24,636.35 in the opening session. Meanwhile, BSE's Sensex also opened higher with a surge of 0.30 per cent or 243.41 points and was trading at 80,680.25. In the bench market indices, Nifty Next 50, Nifty 100, Nifty 200, Nifty Small Cap and Nifty Midcap followed the gains and opened positive.
Indian airlines carried over 1.29 crore passengers in July, an increase of more than 7.3 per cent as compared to the year-ago period, official data showed on Monday (August 19). However, the air traffic in July was lower compared to 1.32 crore people carried by the domestic airlines in June this year.
DDA flats: If you are planning to buy your dream home in the nation's capital, Delhi, this might be the best news for you. The Delhi Development Authority (DDA) has launched three housing schemes designed to provide affordable housing options for residents in Delhi, catering to a wide range of income groups. The DDA launched three different housing schemes on Monday (August 19), offering around 40,000 flats. These schemes also include flats that were previously unsold.
Benchmark equity indices, Sensex and Nifty, saw gains in early trading on Tuesday, driven by positive global market trends and continued retail investor interest. The 30-share BSE Sensex climbed by 338.21 points to 80,762.89, while the NSE Nifty rose by 87.65 points to 24,660.30.
RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine for the second consecutive year, making him one of only three central bank governors globally to receive the top rating. Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan were the other two to earn this distinction.
RBI Governor Shaktikanta Das has been rated as one of the top central bankers in the world for the second consecutive year, receiving an "A+" rating from the Global Finance magazine. Alongside Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan, Das earned the highest accolade for his success in managing inflation, economic growth, currency stability, and interest rates.
If you want to secure your life, then the primary objective should be to secure a steady income from a saved sum of money to support a pleasant life after retirement. Generally, senior citizens look for financial strategies to safeguard their funds for a secured future and this demographic values investments that are easily accessible to address unforeseen circumstances.
India has been trailing among G20 nations in terms of employment generation with the country in need to create an additional 148 million jobs by 2030 considering the population growth, IMF's First Deputy Managing Director Gita Gopinath said on Saturday. Speaking at the Diamond Jubilee event at the Delhi School of Economics, Gopinath said India on average grew at 6.6 per cent for the decade starting in 2010 but the employment rate was under 2 per cent.
Raksha Bandhan will be celebrated across the country on Monday and as per the RBI holiday calendar, banks in multiple cities will be closed on Monday on account of this festival as August 19 has been designated a public holioday. Apart from Raksha Bandhan, banks will also remain shut on account of Jhulana Purnima and birth anniversary of Bir Bikram Kishore Manikya Bahadur.
Sriperumbudur: Foxconn's chairman defended its hiring practices after New Delhi ordered investigations following a news agency Reuters report that claimed the Apple supplier rejects married women from iPhone assembly jobs. However, the company is aiming to set up a battery energy storage system unit in India. "Foxconn hires regardless of gender, but women make up a big part of our workforce Sriperumbudur," Young Liu said during the opening ceremony for a hostel complex for its workers near Chennai in Tamil Nadu on Saturday. "I emphasise married women greatly contribute to the efforts of what we're doing here," he added, making his first comments since the Reuters investigation.

Sensex opens green, climbs 243 points, Nifty above 24,600

Monday 19 August 2024 04:42 AM UTC+00
The Indian stock market indices gained in the opening session on Monday. Starting the week on a positive note following global stock market sentiments, NSE's Nifty 50 index gained 95.20 points or 0.39 per cent to reach 24,636.35 in the opening session. Meanwhile, BSE's Sensex also opened higher with a surge of 0.30 per cent or 243.41 points and was trading at 80,680.25. In the bench market indices, Nifty Next 50, Nifty 100, Nifty 200, Nifty Small Cap and Nifty Midcap followed the gains and opened positive.
Indian airlines carried over 1.29 crore passengers in July, an increase of more than 7.3 per cent as compared to the year-ago period, official data showed on Monday (August 19). However, the air traffic in July was lower compared to 1.32 crore people carried by the domestic airlines in June this year.
DDA flats: If you are planning to buy your dream home in the nation's capital, Delhi, this might be the best news for you. The Delhi Development Authority (DDA) has launched three housing schemes designed to provide affordable housing options for residents in Delhi, catering to a wide range of income groups. The DDA launched three different housing schemes on Monday (August 19), offering around 40,000 flats. These schemes also include flats that were previously unsold.
Benchmark equity indices, Sensex and Nifty, saw gains in early trading on Tuesday, driven by positive global market trends and continued retail investor interest. The 30-share BSE Sensex climbed by 338.21 points to 80,762.89, while the NSE Nifty rose by 87.65 points to 24,660.30.
RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine for the second consecutive year, making him one of only three central bank governors globally to receive the top rating. Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan were the other two to earn this distinction.
RBI Governor Shaktikanta Das has been rated as one of the top central bankers in the world for the second consecutive year, receiving an "A+" rating from the Global Finance magazine. Alongside Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan, Das earned the highest accolade for his success in managing inflation, economic growth, currency stability, and interest rates.
If you want to secure your life, then the primary objective should be to secure a steady income from a saved sum of money to support a pleasant life after retirement. Generally, senior citizens look for financial strategies to safeguard their funds for a secured future and this demographic values investments that are easily accessible to address unforeseen circumstances.
Raksha Bandhan will be celebrated across the country on Monday and as per the RBI holiday calendar, banks in multiple cities will be closed on Monday on account of this festival as August 19 has been designated a public holioday. Apart from Raksha Bandhan, banks will also remain shut on account of Jhulana Purnima and birth anniversary of Bir Bikram Kishore Manikya Bahadur.
Sriperumbudur: Foxconn's chairman defended its hiring practices after New Delhi ordered investigations following a news agency Reuters report that claimed the Apple supplier rejects married women from iPhone assembly jobs. However, the company is aiming to set up a battery energy storage system unit in India. "Foxconn hires regardless of gender, but women make up a big part of our workforce Sriperumbudur," Young Liu said during the opening ceremony for a hostel complex for its workers near Chennai in Tamil Nadu on Saturday. "I emphasise married women greatly contribute to the efforts of what we're doing here," he added, making his first comments since the Reuters investigation.

Sensex opens green, climbs 243 points, Nifty above 24,600

Monday 19 August 2024 04:42 AM UTC+00
The Indian stock market indices gained in the opening session on Monday. Starting the week on a positive note following global stock market sentiments, NSE's Nifty 50 index gained 95.20 points or 0.39 per cent to reach 24,636.35 in the opening session. Meanwhile, BSE's Sensex also opened higher with a surge of 0.30 per cent or 243.41 points and was trading at 80,680.25. In the bench market indices, Nifty Next 50, Nifty 100, Nifty 200, Nifty Small Cap and Nifty Midcap followed the gains and opened positive.
Indian airlines carried over 1.29 crore passengers in July, an increase of more than 7.3 per cent as compared to the year-ago period, official data showed on Monday (August 19). However, the air traffic in July was lower compared to 1.32 crore people carried by the domestic airlines in June this year.
DDA flats: If you are planning to buy your dream home in the nation's capital, Delhi, this might be the best news for you. The Delhi Development Authority (DDA) has launched three housing schemes designed to provide affordable housing options for residents in Delhi, catering to a wide range of income groups. The DDA launched three different housing schemes on Monday (August 19), offering around 40,000 flats. These schemes also include flats that were previously unsold.
Benchmark equity indices, Sensex and Nifty, saw gains in early trading on Tuesday, driven by positive global market trends and continued retail investor interest. The 30-share BSE Sensex climbed by 338.21 points to 80,762.89, while the NSE Nifty rose by 87.65 points to 24,660.30.
RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine for the second consecutive year, making him one of only three central bank governors globally to receive the top rating. Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan were the other two to earn this distinction.
RBI Governor Shaktikanta Das has been rated as one of the top central bankers in the world for the second consecutive year, receiving an "A+" rating from the Global Finance magazine. Alongside Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan, Das earned the highest accolade for his success in managing inflation, economic growth, currency stability, and interest rates.
If you want to secure your life, then the primary objective should be to secure a steady income from a saved sum of money to support a pleasant life after retirement. Generally, senior citizens look for financial strategies to safeguard their funds for a secured future and this demographic values investments that are easily accessible to address unforeseen circumstances.
One 97 Communications Limited, the parent company of Paytm, announced on Wednesday that it will sell its entertainment ticketing business to Food delivery giant Zomato for Rs 2048 crore ($244.2 million). The sale includes ticketing services for movies, sports, and events. During a transition period of up to 12 months, these services will continue to be available on the Paytm app, the company stated.
Raksha Bandhan will be celebrated across the country on Monday and as per the RBI holiday calendar, banks in multiple cities will be closed on Monday on account of this festival as August 19 has been designated a public holioday. Apart from Raksha Bandhan, banks will also remain shut on account of Jhulana Purnima and birth anniversary of Bir Bikram Kishore Manikya Bahadur.
Sriperumbudur: Foxconn's chairman defended its hiring practices after New Delhi ordered investigations following a news agency Reuters report that claimed the Apple supplier rejects married women from iPhone assembly jobs. However, the company is aiming to set up a battery energy storage system unit in India. "Foxconn hires regardless of gender, but women make up a big part of our workforce Sriperumbudur," Young Liu said during the opening ceremony for a hostel complex for its workers near Chennai in Tamil Nadu on Saturday. "I emphasise married women greatly contribute to the efforts of what we're doing here," he added, making his first comments since the Reuters investigation.

Sensex opens green, climbs 243 points, Nifty above 24,600

Monday 19 August 2024 04:42 AM UTC+00
The Indian stock market indices gained in the opening session on Monday. Starting the week on a positive note following global stock market sentiments, NSE's Nifty 50 index gained 95.20 points or 0.39 per cent to reach 24,636.35 in the opening session. Meanwhile, BSE's Sensex also opened higher with a surge of 0.30 per cent or 243.41 points and was trading at 80,680.25. In the bench market indices, Nifty Next 50, Nifty 100, Nifty 200, Nifty Small Cap and Nifty Midcap followed the gains and opened positive.
Indian airlines carried over 1.29 crore passengers in July, an increase of more than 7.3 per cent as compared to the year-ago period, official data showed on Monday (August 19). However, the air traffic in July was lower compared to 1.32 crore people carried by the domestic airlines in June this year.
DDA flats: If you are planning to buy your dream home in the nation's capital, Delhi, this might be the best news for you. The Delhi Development Authority (DDA) has launched three housing schemes designed to provide affordable housing options for residents in Delhi, catering to a wide range of income groups. The DDA launched three different housing schemes on Monday (August 19), offering around 40,000 flats. These schemes also include flats that were previously unsold.
Benchmark equity indices, Sensex and Nifty, saw gains in early trading on Tuesday, driven by positive global market trends and continued retail investor interest. The 30-share BSE Sensex climbed by 338.21 points to 80,762.89, while the NSE Nifty rose by 87.65 points to 24,660.30.
RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine for the second consecutive year, making him one of only three central bank governors globally to receive the top rating. Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan were the other two to earn this distinction.
RBI Governor Shaktikanta Das has been rated as one of the top central bankers in the world for the second consecutive year, receiving an "A+" rating from the Global Finance magazine. Alongside Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan, Das earned the highest accolade for his success in managing inflation, economic growth, currency stability, and interest rates.
If you want to secure your life, then the primary objective should be to secure a steady income from a saved sum of money to support a pleasant life after retirement. Generally, senior citizens look for financial strategies to safeguard their funds for a secured future and this demographic values investments that are easily accessible to address unforeseen circumstances.
One 97 Communications Limited, the parent company of Paytm, announced on Wednesday that it will sell its entertainment ticketing business to Food delivery giant Zomato for Rs 2048 crore ($244.2 million). The sale includes ticketing services for movies, sports, and events. During a transition period of up to 12 months, these services will continue to be available on the Paytm app, the company stated.
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