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Showing posts from June, 2024

Money spent abroad grows 29x in a decade

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Top 5 tax-saving bank FDs: Which banks offer high interest rates & how much will your money grow? Check list

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Top 5 tax-saving bank FDs: When choosing a bank for a tax-saving FD, it is essential to compare interest rates offered by different banks rather than simply opting for the bank where you have a savings account. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Tf8JnxS

JNTU Closes AP ECET 2024 Counselling Registration Today: Apply Here

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JNTU will close the AP ECET 2024 counselling registration today. Eligible candidates can apply online until midnight, with document verification running until July 3. The option entry process starts tomorrow, July 1, and ends on July 4. Applicants must pay a fee of Rs 1,200 (OC/BC) or Rs 600 (SC/ST) and submit various documents for verification. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/Gkhensg

Turbulence in WaPo as daily loses dollars

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Startup bets dip to $3.1bn in June, Zepto among top

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'Finance sector governance needs highest priority' says RBI governor

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RBI Governor Shaktikanta Das highlighted the importance of governance in ensuring financial sector stability. The latest financial stability report expressed concerns about declining household savings, speculative activities, increased bank borrowing by NBFCs, rising household debt, and speculative trading practices. It emphasized the need for robust risk management and customer-centric approaches to maintain systemic trust and stability. Stress tests showed adequate capital resilience in banks and NBFCs, with a regulatory commitment to strengthen financial health. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BuFycGA

Record St: Sensex tops 79k, Nifty crosses 24k milestone

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Maharashtra still tops FDI charts but inflow dips 15%

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Dr Reddy’s to buy UK company's nicotine gum business for Rs 5,000 crore

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Dr Reddy's Laboratories is set to acquire Haleon Plc's NRT business, including Nicotinell, for GBP 500 million. The deal encompasses various NRT formats and potential contingent payments. This acquisition marks a significant step for Dr Reddy's in strengthening its position in the global consumer healthcare market outside the US. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0Q9pSeL

Telcos place Rs 11,000 crore bids for spectrum

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GST made household goods cheaper, helped poor save: PM Modi

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Modi's comments signalled govt's intent to push reforms despite lower numbers in the Lok Sabha. Analysts were worried if the NDA regime would be able to push ahead with key changes as it marks a return of coalition. The overall expectation is that some of the legislative changes may have to wait while executive decisions will be implemented. The statement came ahead almost seven years after the GST was introduced as the biggest tax reforms post-Independence. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AgIMjta

Big fat Indian wedding drives $130 billion industry, average spend/nuptial at Rs 12.5 lakhs

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The Indian wedding industry, valued at $130 billion, is the second largest in India after food and grocery. A new report by Jefferies highlights the significant economic impact of Indian weddings, which are twice the size of the US market and a key growth driver for various sectors. It estimated that the average expenditure on a wedding is around $15,000, or Rs 12.5 lakh, and an average Indian couple spends approximately twice on weddings compared to education (pre-primary to graduation). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7RDSOQz

Only 195 out of the 31515 ongoing real estate projects have established complaint redressal cells, says MahaRERA

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Only 195 out of 31515 real estate projects in the state have established a complaint redressal cell as directed by MahaRERA. Developers are apathetic towards resolving home buyers' complaints post bookings, leading to misunderstandings and grievances. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KdouA2e

GST waiver on ESOPs spells relief for companies like MS, Google & Oracle

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The GST Council waived the levy on ESOPs benefiting companies like Microsoft, Google, Oracle in India. The decision was made after months of pending discussion and legal suggestions, providing relief to companies under tax scrutiny. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0eLUoG9

Standard deduction may rise under new tax regime

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The finance ministry is exploring raising the standard deduction for income taxpayers. The NDA govt is cautious about changing the capital gains mechanism. Discussions for the Budget are underway with finance minister Nirmala Sitharaman. The overall mood indicates that most wings of govt are in favour of offering concessions to taxpayers, especially the middle class. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IdSPtEk

NEET PG exam postponed, NTA chief sacked: 7 major developments you should know about

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The NEET-PG exam has been postponed due to alleged irregularities, with the Health Ministry mentioning a CBI probe. The NBE-conducted exam faced allegations of a paper leak, leading to reforms and investigations. Subodh Kumar Singh was placed on wait, and Bihar Police detained individuals linked to the leak, including Sikandar Yadavendu, amidst protests. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/aweVUOo

GST notices pending against less than 2% of taxpayers: FM Sitharaman

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Finance minister Nirmala Sitharaman reassured taxpayers of easing their lives under CGST. She addressed concerns over opposition attacks on GST, emphasizing reconciliatory administration. The GST Council's positive steps aim to enhance ease of doing business and investor confidence. In fact, a rush of notices by state authorities has been particularly troubling for large companies which have to register separately in each state. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Q9Bb1YV

No GST on hostels, rail platform ticket, waiting room, ESOPs

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GST Council exempts hostel fees, platform tickets, and more from GST. Hostels under Rs 20,000/month are exempt. Nirmala Sitharaman announces tax exemptions for employee stock options. System reworked to prevent fraud by bogus entities. The move will also benefit thousands of students and working people staying in paying guest accommodations. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2mlDAqC

New GST era set to start with end of anti-profiteering clause

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GST Council signals intent for rationalisation with possible reduction in slabs. End of anti-profiteering clause from April. New finance ministers join Council. Discussion on compensation cess for products like cars, coal, cola, and tobacco planned. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Q7iumsy

Job creation in private sector strongest in 18 yrs: Survey

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India's private sector experiences the highest job creation in 18 years, driven by manufacturing and service sectors with increased demand and global sales. The HSBC survey indicates notable growth, with efforts to clear backlogs, meet rising production demands, and address capacity pressures leading to significant employment increase. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/e7lTAJm

Zepto scores $665mn as funds ride Q-comm wave

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Zepto secures $665 million in funding, with a valuation of $3.6 billion, as investor interest in quick commerce grows. The funding round, led by existing investors Glade Brook Capital, Nexus Venture Partners, and StepStone Group, along with new backers Avenir, Lightspeed, and Avra, will bolster Zepto's balance sheet for a potential IPO in 2025. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Xz0WIsQ

Religare's shares rise after Sebi's open offer call

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Shares of Religare Enterprises rose over 4% after Sebi instructed an open offer by the Burman Group. Sebi criticized REL and advised seeking approvals. Burman group planned to increase stake in REL, leading to a legal battle with REL in the Delhi High Court involving counter complaints, objections to eligibility, and access to necessary information. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/JsCEknG

Retail inflation easing, food prices remain a concern: RBI

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Retail inflation in India is easing, but volatile food prices could reverse the trend. RBI highlights impact of heatwaves on food prices and the need to monitor weather shocks. Despite a 12-month low in May, vegetable and pulses prices remain high. RBI maintains policy rate at 6.5% to align inflation with its 4% target. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fGRajz0

Nvidia beats Microsoft as world’s most valued company

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Nvidia's market value surpasses Microsoft and Apple, driven by AI surge and coveted chips like H100 accelerators, leading to a sales increase of over 125% last year. Analysts from Wedbush Securities, including Daniel Ives, and Baron Capital recognize Nvidia's dominance. Nvidia's CEO Jensen Huang and Michael Lippert from Baron Capital highlight the company's proprietary software and development ecosystem. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/R6v2wba

Sebi is dealing with F&O trading frenzy: RBI governor

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In a 1st, ARCs gain more from loan rejig than selloff in FY24

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Tata Power installs over 140 charging points for Mumbai EVs; over 850 across India

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Paytm in talks with Zomato to sell its movie, ticketing business

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MHT CET 2024 Result date announced: Check scores at cetcell.mahacet.org from 6 PM today

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The Maharashtra Commo Etrance Test (CET) Cell is announcing the Maharashtra Common Entrance Test (MHT CET) 2024 results for both PCM and PCB streams today, June 16. Candidates can check their results on cetcell.mahacet.org. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/hy3zdsU

Vande Bharat sleeper & Vande Metro: Indian Railways to launch two new trains soon; top specials facts you must know

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300 Women Scientists to Receive Research Grants Under CSIR-ASPIRE Scheme

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Science and Technology Minister Jitendra Singh announced that 300 women scientists will receive three-year research grants under the CSIR-ASPIRE scheme, aimed at empowering women in science. He emphasized promoting ease of living through technological innovation, highlighting the government's support for women scientists with 3,000 proposals received and 301 selected after rigorous evaluation. Singh also urged scaling up the Seaweed Mission for sustainable economic growth. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/UOvzuDI

First Bitcoin ETF to list on Australia bourse

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Informal sector hit by Covid 2nd wave recovered: Survey

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Infosys wins $100 million Ikea deal

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Infosys has won an over $100 million (Rs 850 crore) deal from Swedish retailer Ikea, outpacing incumbents HCL, Capgemini and DXC, and other regional players. About 350 roles at Ikea will be impacted across China, France, Germany, India, Poland, Sweden, and the US, and these employees will transition to Infosys. "It has been a three-year long but fulfilling journey that started with cold calling and some initial connections and culminated in a strategic partnership," an email sent by Infosys to select employees showed. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IFPgqyv

Hyundai plans Rs 25,000 crore IPO, India's biggest

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Korean car major Hyundai Motor is looking to sell around 17% stake in its Indian arm through an initial share sale (IPO), which may be India’s biggest issue so far, to raise as much as Rs 25,000 crore (around $3 billion), valuing the company at around $18 billion, or around Rs 1.5 lakh crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Fwgvu1D

Adani buys Penna Cement from Reddys in Rs 10,000 crore deal

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Will pursue reforms to push growth, macro stability: Finance minister

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Finance minister Nirmala Sitharaman said the Modi govt intends to move on the reforms path to boost macroeconomic stability and growth, amid indications that the Union Budget will be presented around the third week of July, with consultations set to kick off over the next few days. After taking charge as finance minister for a second term, Sitharaman said the govt is fully committed to ensuring 'Ease of Living' for its citizens and will continue to take more steps. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/q9g8fDo

JoSAA Counselling 2024 seat matrix released, 17740 seats in offer across 23 IITs

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The JoSAA 2024 seat matrix, issued on Tuesday, reveals a significant increase in the number of IIT seats, with a total of 17,740 seats available for counselling. Specifically, there has been an increase of 355 IIT seats compared to the previous year. Notable increases include 20 seats in IIT Bhubaneswar, 12 seats in IIT Bombay, 30 seats in IIT Kharagpur, 50 seats in IIT Jodhpur, 30 seats in IIT Gandhinagar, 84 seats in IIT Patna, 10 seats in IIT Guwahati, 40 seats in IIT Bhilai, 10 seats in IIT Tirupati, and 75 seats in IIT Dharwad. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/OKmgMlS

Over 15.4 million developers in India build on GitHub, to surpass US by 2027

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Mid, senior level startup executives hunt for stable jobs

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Sensex hits 77k for first time, ends lower on profit-booking

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IISER IAT 2024 answer key released, direct link to download: Check how to raise objections

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The Indian Institutes of Science Education and Research (IISERs) have released the IISER Aptitude Test (IAT) 2024 answer key for candidates who took the IISER entrance exam. The answer key can be downloaded from the official website, iiseradmission.in. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/O9KfTdY

Kochi hosts camp for school girls from 5 countries

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Kochi hosted a seven-day WiSci camp for 100 schoolgirls from India, Bangladesh, Maldives, Sri Lanka, and the United States. The camp, organized by Girl Up in partnership with US Department of State's Office of Global Partnerships and Rajagiri Business School, focused on leadership development and skills-building in STEAM fields. The campers interacted with industry experts, gained career guidance, and shared their passion for social change. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/b502wkY

Rahul Gandhi's take on NEET: Vows to be 'voice of students' in Parliament

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Congress' MP-elect Rahul Gandhi criticized PM-designate Narendra Modi over alleged irregularities in the NEET-UG 2024 exam, vowing to advocate for students in Parliament. He highlighted the need to address the paper leak industry and emphasized the support of the INDIA bloc for opposition. Congress aims to tackle the collusion between the education mafia and government in leaking exam papers. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/nRmh0eA

4811 students from IIT Bhubaneswar zone qualified in JEE Advanced exam

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4,811 students from the IIT Bhubaneswar zone qualified in the JEE Advanced exam, with Matcha Balaaditya ranking 11th overall. Anvesh Subham Pradhan emerged as the Odisha topper in JEE Main 2024. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/k8b9XtD

JEE Advanced 2024 AAT registration begins, exam on June 12: Direct link to apply here

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IIT Madras has initiated the registration for JEE Advanced Architecture Aptitude Test (AAT) 2024 on June 9, available on jeeadv.ac.in. The deadline is June 10. Candidates must have achieved 75% aggregate marks in Class 12 or 65% for SC, ST, and PwD. The exam will be on June 12, and results will be declared on June 14. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/PBLU65D

JEE Advanced 2024 Result declared, Ved Lahoti tops with 355 marks: Direct link to download scorecards

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IIT Madras has released the JEE Advanced 2024 Result today, June 9. Candidates can access their JEE Advanced 2024 Result scorecards on jeeadv.ac.in. The JEE Advanced 2024 was held on May 26th, had Paper 1 from 9 AM to 12 PM and Paper 2 from 2:30 PM to 5:30 PM. The final answer key is also available. Follow steps on the website to check results. JoSAA will commence counseling for admissions based on JEE Advanced 2024 result rankings starting June 10. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/1ghvt0E

JEE Advanced 2024 Result today: When and how to check?

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The Indian Institute of Technology Madras (IIT Madras) will announce the JEE Advanced 2024 result today at 10 am on June 9. Candidates can check their scores and the final answer key on the official website, jeeadv.ac.in, by entering their roll number. Exam was held on May 26, 2024. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/WA9EtvI

RBI raises FY25 GDP forecast to 7.2%

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Startups seek regulatory clarity from new govt

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