Economy News

LIC stock hits new lifetime high of Rs 1,178.60

Earlier the stock had hit its lifetime high of Rs 1,175 a share, on February 9 this year.

Jul 27, 2024

India now home to more than 1.4 lakh startups: Union Minister

India now has more than 1.4 lakh startups, as the government continues to nurture innovation and encourage investments in the ecosystem, Union Minister of State for Commerce and Industry, Jitin Prasada, informed on Friday.

Jul 26, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Nifty closes at all-time high, Sensex surges by 1,292 pts

Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets.

Jul 26, 2024

Sensex comes out of negative sentiment, hovers over positive trade

Indian equity indices opened in the green on Friday following positive global cues. At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524.

Jul 26, 2024

LIC stock revives positive spirit, hits new lifetime high of Rs 1,178.60

Shares of state-run insurer Life Insurance Corporation of India (LIC) on Friday touched a new lifetime high of Rs 1,178.60 on the Bombay Stock Exchange (BSE).

Jul 26, 2024

RBI tightens domestic Money Transfer rules, adds new security factors

The Reserve Bank of India (RBI) has tightened rules for domestic money transfers, requiring banks to record the name and address of beneficiaries. Remitting banks must register the remitter with a verified cell phone number and an 'Officially Valid Document (OVD)'.

Jul 25, 2024

Simplified Capital Gains Tax Regime, says CBDT

The Central Board of Direct Taxes (CBDT) has taken a significant step towards simplifying the taxation of capital gains in India. In a comprehensive set of Frequently Asked Questions (FAQs), the CBDT has explained the new capital gains tax regime effective July 23, 2024 as introduced in the Union Budget 2024-25.

Jul 25, 2024

Passport fair will be held in 7 cities of the state including the capital Dehradun on 3rd December.

India's global passport index rises, visa-free access to 58 nations made available

India has been ranked at 82nd spot on a global passport index, allowing Indians visa-free entry to 58 countries, including popular destinations like Indonesia, Malaysia and Thailand.

Jul 25, 2024

Sensex continues to dovetail amid negative sentiments after Budget

Indian equity indices opened in the deep red on Thursday following negative cues from global markets.

Jul 25, 2024

Union Finance Minister Nirmala Sitharaman, Minister of State in Finance Pankaj Chaudhary and other members of finance ministry leave to present the budget in Parliament

How full Budget 2024 compares with Interim Budget: Explained

The Union Budget 2024-25 focuses on empowering youth, women, farmers, and the poor, with significant allocations for employment and skilling. Fiscal consolidation is strengthened, with a reduced fiscal deficit target and lower planned gross market borrowing. Revised tax slabs and a comprehensive review of the Income Tax Act aim to simplify tax compliance and boost sectors. The budget retains a high allocation for the Ministry of Defence, promoting 'Aatmanirbharta' in Defence technology and manufacturing.

Jul 24, 2024

Mutual fund holdings beyond top 500 stocks spike to 2018 highs

'Indexation' from mutual funds ends with Budget 2024-25: Edelweiss' Radhika Gupta takes stock

Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), said on Tuesday that the concept of indexation has gone away from mutual funds (MFs).

Jul 24, 2024

Rajasthan gets new industrial park in Union Budget 2024

Rajasthan gets mention in Budget with promise of new industrial park

Rajasthan has received a major industrial park in the first Budget of the BJP-led government at the Centre, with the state receiving Rs 7,000 crore more as a share of Central taxes this time.

Jul 24, 2024

Budget to benefit all segments of society, says PM Modi

Union Budget 2024-25: Boost for National Health Mission

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, has proposed an increase in expenditure for the National Health Mission (NHM) by about Rs 4,000 crore.

Jul 24, 2024

UP women farmers integrate agriculture with fish farming

Budget gives push to fisheries sector with 54 per cent hike in outlay

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman in the Parliament on Tuesday, has hiked the allocation for the Department of Fisheries by 54 per cent to Rs 2,616.44 crore from Rs 1,701 crore (Revised Estimates) during 2023-24.

Jul 24, 2024

Millennials driving the real estate growth story in India.

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

The new tax regime aims to simplify computation for taxpayers and tax administration. The changes are part of the government's broader efforts to simplify the approach to taxation and encourage investment in the market.

Jul 24, 2024

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Economy News

LIC stock hits new lifetime high of Rs 1,178.60

India now home to more than 1.4 lakh startups: Union Minister

Nifty closes at all-time high, Sensex surges by 1,292 pts

Sensex comes out of negative sentiment, hovers over positive trade

LIC stock revives positive spirit, hits new lifetime high of Rs 1,178.60

RBI tightens domestic Money Transfer rules, adds new security factors

Simplified Capital Gains Tax Regime, says CBDT

India's global passport index rises, visa-free access to 58 nations made available

Sensex continues to dovetail amid negative sentiments after Budget

How full Budget 2024 compares with Interim Budget: Explained

'Indexation' from mutual funds ends with Budget 2024-25: Edelweiss' Radhika Gupta takes stock

Rajasthan gets mention in Budget with promise of new industrial park

Union Budget 2024-25: Boost for National Health Mission

Budget gives push to fisheries sector with 54 per cent hike in outlay

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react