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IndiaTV Business: Google News Feed: Digest for August 25, 2024

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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.
Benchmark equity indices, the Sensex and Nifty, saw gains in early trading on Thursday, supported by a positive trend in global markets and buying interest in blue-chip stocks. The BSE Sensex rose by 204.04 points, or 0.25%, reaching 81,109.34, marking its sixth consecutive session of gains. The NSE Nifty advanced by 49.55 points, or 0.20%, to 24,819.75.
To further enhance road connectivity in the state, the Maharashtra government has proposed the construction of a new expressway, the Konkan Expressway, to connect Mumbai and Goa. The state government said that the Maharashtra State Road Development Corporation (MSRDC) will oversee the development of this 376-km-long, 6-lane access-controlled expressway. This new expressway will run along the scenic Konkan coast, with preparation work for the Detailed Project Report (DPR) already underway.
In a significant development, the Income Tax Department has reported that a staggering 7.28 crore income tax returns (ITR) were filed by the deadline of July 31, 2024. Notably, around 5 crore of these returns were filed by July 26, 2024, which shows a surge in the last few days before the deadline. This surge led to an additional 2.28 crore ITRs being filed between July 27 and July 31, 2024.
Food delivery platform Zomato on Thursday announced the discontinuation of its intercity food delivery service 'Legends.' The service, which allowed users to order iconic dishes from 10 cities across the country, was initially suspended in April this year and relaunched in July with a revised model focused on delivering pre-stocked items from other cities with a shorter delivery timeline. Following the shutdown, Zomato will continue to operate its food delivery service only within cities. 
Attention bank customers! Banks will remain shut in a few states for three consecutive days from Saturday, August 24. Some states will also observe a bank holiday on Monday in observance of Krishna Janmashtami. In the wake of these developments, if you are planning to visit banks for any of your banking activities, you must make your planning accordingly.
7th Pay Commission Latest News: Here comes a big update for the Central government employees who are waiting for a hike in dearness allowance (DA). Various media reports suggest that the Centre is expected to announce a second increase in Dearness Allowance (DA) and Dearness Relief (DR) for employees and pensioners in September 2024. Once implemented, the new DA hike will be effective from July 2024.
Business news: India's forex reserves jumped by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the Reserve Bank of India (RBI) said today (August 23). In the previous week, the forex kitty had dropped by USD 4.8 billion to USD 670.119 billion. On August 2, the overall reserves hit an all-time high of USD 674.919 billion.
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.
Benchmark equity indices, the Sensex and Nifty, saw gains in early trading on Thursday, supported by a positive trend in global markets and buying interest in blue-chip stocks. The BSE Sensex rose by 204.04 points, or 0.25%, reaching 81,109.34, marking its sixth consecutive session of gains. The NSE Nifty advanced by 49.55 points, or 0.20%, to 24,819.75.
To further enhance road connectivity in the state, the Maharashtra government has proposed the construction of a new expressway, the Konkan Expressway, to connect Mumbai and Goa. The state government said that the Maharashtra State Road Development Corporation (MSRDC) will oversee the development of this 376-km-long, 6-lane access-controlled expressway. This new expressway will run along the scenic Konkan coast, with preparation work for the Detailed Project Report (DPR) already underway.
In a significant development, the Income Tax Department has reported that a staggering 7.28 crore income tax returns (ITR) were filed by the deadline of July 31, 2024. Notably, around 5 crore of these returns were filed by July 26, 2024, which shows a surge in the last few days before the deadline. This surge led to an additional 2.28 crore ITRs being filed between July 27 and July 31, 2024.
Food delivery platform Zomato on Thursday announced the discontinuation of its intercity food delivery service 'Legends.' The service, which allowed users to order iconic dishes from 10 cities across the country, was initially suspended in April this year and relaunched in July with a revised model focused on delivering pre-stocked items from other cities with a shorter delivery timeline. Following the shutdown, Zomato will continue to operate its food delivery service only within cities. 
Attention bank customers! Banks will remain shut in a few states for three consecutive days from Saturday, August 24. Some states will also observe a bank holiday on Monday in observance of Krishna Janmashtami. In the wake of these developments, if you are planning to visit banks for any of your banking activities, you must make your planning accordingly.
7th Pay Commission Latest News: Here comes a big update for the Central government employees who are waiting for a hike in dearness allowance (DA). Various media reports suggest that the Centre is expected to announce a second increase in Dearness Allowance (DA) and Dearness Relief (DR) for employees and pensioners in September 2024. Once implemented, the new DA hike will be effective from July 2024.
Business news: India's forex reserves jumped by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the Reserve Bank of India (RBI) said today (August 23). In the previous week, the forex kitty had dropped by USD 4.8 billion to USD 670.119 billion. On August 2, the overall reserves hit an all-time high of USD 674.919 billion.
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.
Benchmark equity indices, the Sensex and Nifty, saw gains in early trading on Thursday, supported by a positive trend in global markets and buying interest in blue-chip stocks. The BSE Sensex rose by 204.04 points, or 0.25%, reaching 81,109.34, marking its sixth consecutive session of gains. The NSE Nifty advanced by 49.55 points, or 0.20%, to 24,819.75.
To further enhance road connectivity in the state, the Maharashtra government has proposed the construction of a new expressway, the Konkan Expressway, to connect Mumbai and Goa. The state government said that the Maharashtra State Road Development Corporation (MSRDC) will oversee the development of this 376-km-long, 6-lane access-controlled expressway. This new expressway will run along the scenic Konkan coast, with preparation work for the Detailed Project Report (DPR) already underway.
In a significant development, the Income Tax Department has reported that a staggering 7.28 crore income tax returns (ITR) were filed by the deadline of July 31, 2024. Notably, around 5 crore of these returns were filed by July 26, 2024, which shows a surge in the last few days before the deadline. This surge led to an additional 2.28 crore ITRs being filed between July 27 and July 31, 2024.
Food delivery platform Zomato on Thursday announced the discontinuation of its intercity food delivery service 'Legends.' The service, which allowed users to order iconic dishes from 10 cities across the country, was initially suspended in April this year and relaunched in July with a revised model focused on delivering pre-stocked items from other cities with a shorter delivery timeline. Following the shutdown, Zomato will continue to operate its food delivery service only within cities. 
Attention bank customers! Banks will remain shut in a few states for three consecutive days from Saturday, August 24. Some states will also observe a bank holiday on Monday in observance of Krishna Janmashtami. In the wake of these developments, if you are planning to visit banks for any of your banking activities, you must make your planning accordingly.
7th Pay Commission Latest News: Here comes a big update for the Central government employees who are waiting for a hike in dearness allowance (DA). Various media reports suggest that the Centre is expected to announce a second increase in Dearness Allowance (DA) and Dearness Relief (DR) for employees and pensioners in September 2024. Once implemented, the new DA hike will be effective from July 2024.
Business news: India's forex reserves jumped by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the Reserve Bank of India (RBI) said today (August 23). In the previous week, the forex kitty had dropped by USD 4.8 billion to USD 670.119 billion. On August 2, the overall reserves hit an all-time high of USD 674.919 billion.
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.
Benchmark equity indices, the Sensex and Nifty, saw gains in early trading on Thursday, supported by a positive trend in global markets and buying interest in blue-chip stocks. The BSE Sensex rose by 204.04 points, or 0.25%, reaching 81,109.34, marking its sixth consecutive session of gains. The NSE Nifty advanced by 49.55 points, or 0.20%, to 24,819.75.
To further enhance road connectivity in the state, the Maharashtra government has proposed the construction of a new expressway, the Konkan Expressway, to connect Mumbai and Goa. The state government said that the Maharashtra State Road Development Corporation (MSRDC) will oversee the development of this 376-km-long, 6-lane access-controlled expressway. This new expressway will run along the scenic Konkan coast, with preparation work for the Detailed Project Report (DPR) already underway.
In a significant development, the Income Tax Department has reported that a staggering 7.28 crore income tax returns (ITR) were filed by the deadline of July 31, 2024. Notably, around 5 crore of these returns were filed by July 26, 2024, which shows a surge in the last few days before the deadline. This surge led to an additional 2.28 crore ITRs being filed between July 27 and July 31, 2024.
Food delivery platform Zomato on Thursday announced the discontinuation of its intercity food delivery service 'Legends.' The service, which allowed users to order iconic dishes from 10 cities across the country, was initially suspended in April this year and relaunched in July with a revised model focused on delivering pre-stocked items from other cities with a shorter delivery timeline. Following the shutdown, Zomato will continue to operate its food delivery service only within cities. 
Attention bank customers! Banks will remain shut in a few states for three consecutive days from Saturday, August 24. Some states will also observe a bank holiday on Monday in observance of Krishna Janmashtami. In the wake of these developments, if you are planning to visit banks for any of your banking activities, you must make your planning accordingly.
7th Pay Commission Latest News: Here comes a big update for the Central government employees who are waiting for a hike in dearness allowance (DA). Various media reports suggest that the Centre is expected to announce a second increase in Dearness Allowance (DA) and Dearness Relief (DR) for employees and pensioners in September 2024. Once implemented, the new DA hike will be effective from July 2024.
Business news: India's forex reserves jumped by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the Reserve Bank of India (RBI) said today (August 23). In the previous week, the forex kitty had dropped by USD 4.8 billion to USD 670.119 billion. On August 2, the overall reserves hit an all-time high of USD 674.919 billion.
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