Business

13

Feb

By The Press Editor

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Business

TRAI further tightens rules to curb spam calls, prescribes fines of up to Rs 10 lakh – India TV

Image Source : PIXABAY The new rules will be implemented in two phases within 30 and 60 days. The Telecom Regulatory Authority of India (TRAI) has further tightened rules to curb unsolicited calls and messages. According to the telecom regulator, telecom operators will now face financial penalties in case they fail to implement the provisions of the rule.  Fine of up to Rs 10 lakh Telecom regulator TRAI has intensified its crackdown on pesky calls and messages. In case of case of failure of the access providers to implement amendments in the regulation in Telecom Commercial Communications Customer Preference Regulations,…

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13

Feb

By The Press Editor

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Business

Indian Railways to get 9 new trains after successful trail run – India TV

Image Source : PTI/FILE Vande Bharat Sleeper train In the major development, the Indian Railway is set to get 9 new Vande Bharat Sleeper Trains as the Ministry of Railways has ordered their production by the end of December 2025, the Indian Express reported. The decision by the ministry came in the wake of the successful trial run of the first Vande Bharat Sleeper train.  ICF Chennai to manufacture Vande Bharat Sleeper Reportedly, the officials have said that these 16-car trains will be produced by the Integral Coach Factory (ICF), the Indian Railways’ manufacturing unit in Chennai. Along with the 16-car variant…

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13

Feb

By The Press Editor

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Business

Sensex down over 100 points, Nifty below 23,050 – India TV

Image Source : PTI/FILE At the open, the Sensex was down 111.58 points or 0.15 per cent Market Opening Bell: Benchmark indices Sensex and Nifty opened marginally lower on Wednesday i.e. February 12 amid mixed global cues. The market declined for the sixth straight session. While the 30-share BSE benchmark Sensex dropped 104.61 points or 0.14 per cent to 76,189 in initial trade, the NSE Nifty shed 18.20 points or 0.08 per cent to 23,053.  From the 30-share blue-chip pack, TCS, Infosys, Tech Mahindra and HCL Tech were among the gainers. On the other hand, Mahindra & Mahindra, Zomato, Reliance…

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12

Feb

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Business

IRCTC Dividend 2025: Railway PSU declares second interim dividend

Image Source : FILE/INDIA TV State-owned IRCTC has reported a 13 per cent rise in consolidated PAT. IRCTC Dividend 2025: Indian Railway Catering and Tourism Corporation (IRCTC) has announced the second interim for the financial year 2024-25. The state-owned company has fixed a record date for this corporate action and has also shared information related to the payment of the interim dividend to eligible shareholders.  IRCTC Dividend 2025: Interim dividend amount The ticketing platform has announced a second interim dividend of Rs 3 per equity share with a face value of Rs 2.50 each.  IRCTC Dividend 2025: Record date According…

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12

Feb

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Business

New Income Tax Bill: 23 chapters, 622 pages, 536 sections

Image Source : PIXABAY When the Income Tax Act, 1961, was brought in, it had 880 pages. New Income Tax Bill: Finance Minister Nirmala Sitharaman, in her 2025-26 Budget speech, announced that the government will introduce a new Income Tax Bill in the Parliament. The new Income Tax Bill will replace the six-decade-old Income Tax Act of 1961. The Bill is expected to be introduced in the Lok Sabha on Thursday.  After the introduction, the bill will be sent to a parliamentary standing committee for scrutiny. New Income Tax Bill: Crispier and simplified The Income Tax Bill 2025 will be…

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12

Feb

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Business

HAL Dividend 2025: Defence PSU announces 500 per cent interim dividend

Image Source : FILE/INDIA TV The dividend will be paid on or before March 14, 2025. HAL Dividend 2025: Hindustan Aeronautics Limited (HAL) has announced its first interim dividend for the financial year 2024-25. The company made this announcement while sharing its quarterly results for the December quarter of FY25. The state-owned aerospace and defence company has also announced the record date for this corporate action. HAL Dividend 2025: Amount According to the information shared by the company, it has declared its first interim dividend of Rs 25 per equity share with a face value of Rs 5 each. "The…

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12

Feb

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Business

Gold ETF: Amid continuous rise in gold prices, Union MF launches dual NFOs

Image Source : PIXABAY Union Gold ETF will replicate/track domestic price of gold. NFO alert: Union Mutual Fund has launched two New Fund Offers (NFOs) - Union Gold ETF and Union Gold ETF Fund of Fund (FoF). These funds provide investors with an opportunity to add gold exposure to their portfolios in a structured and convenient manner. Union Gold ETF, Union Gold ETF Fund of Fund: Subscription dates Both NFOs are now available for subscription. They opened on February 10, 2025. While the Union Gold ETF closes on February 17, 2025, the Union Gold ETF Fund of Fund closes on…

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12

Feb

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Business

What is this scheme and how much return you can get? – India TV

Image Source : PTI/INDIA TV Customers can also avail loans against the term deposit. SBI green rupee term deposit: The Reserve Bank of India (RBI) on April 11, 2023 issued a set of guidelines regarding the framework for acceptance of Green Deposits as part of mobilising funds for financing green activities. Following this, the State Bank of India (SBI) launched a new deposit scheme - SBI Green Rupee Term Deposit.  SBI green rupee term deposit: Tenor These deposits are offered for three durations - 1111 days, 1777 days and 2222 days.  SBI green rupee term deposit: Eligibility  Any resident of…

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12

Feb

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Business

Sensex, Nifty end lower for 6th day amid volatility – India TV

Image Source : PTI FILE The BSE Sensex had tanked more than 900 points intra-day. Stock markets ended the session lower for the sixth straight day on Wednesday amid unabated foreign fund outflows and trade war worries. While the 30-share BSE Sensex with Sensex falling by 122 points to close at 76,171.08, down by 122.52 points or 0.16 per cent, the NSE Nifty dipped 26.55 points or 0.12 per cent to 23,045.25. However, the BSE Sensex had tanked more than 900 points intra-day and NSE Nifty tumbled 273.45 points or 1.18 per cent to 22,798.35, falling below the crucial 23,000-mark.…

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12

Feb

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Business

India’s retail inflation drops to 4.31 per cent in January, lowest in four months – India TV

Image Source : FILE India's retail inflation sees a decline. In a significant relief for consumers, India's retail inflation eased to 4.31% in January which marked a sharp decline from 5.22% in December, according to government data released on Monday. The drop in inflation is primarily attributed to lower food prices and stable core inflation, offering a positive outlook for household budgets. This marks the lowest retail inflation rate in the past four months, bringing it closer to the Reserve Bank of India’s targeted comfort zone of 4%. The Consumer Price Index (CPI)-based retail inflation was 5.22 per cent in December, and…

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