Business

04

Feb

By The Press Editor

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Business

Toll tax smart cards to be introduced soon by NHAI in big relief for commuters: Reports – India TV

Image Source : FILE Toll tax smart cards to be introduced soon by NHAI. New Delhi: In a big relief for regular commuters using the national highways, the central government is considering introducing a ‘Monthly Toll Tax Smart Card at all toll booths across the country. In this regard, Union Minister Nitin Gadkari is in favour of implementing this scheme across the country anytime soon. Various reports suggest that once this smart is implemented, it will be valid at all toll plazas across the country and will provide cardholders with a discount on toll charges. This new smart card scheme…

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04

Feb

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Business

Stock markets show sharp recovery as Sensex surges 1,397 points to settle at 78,583, Nifty at 23,739 – India TV

Image Source : PTI Stock markets closing bell updates for February 4. Stock market: Equity benchmark indices rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81 per cent to settle at a month's high of 78,583.81. During the day, it surged 1,471.85 points or 1.90 per cent to 78,658.59. The NSE Nifty soared 378.20 points or 1.62 per cent to 23,739.25, a level not seen since January 3. From the 30-share blue-chip pack,…

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04

Feb

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Business

How much will government employees’ salaries increase? Here’s the formula – India TV

Image Source : INDIA TV REPRESENTATVIE IMAGE The central government has proposed the 8th Pay Commission, which is expected to bring salary and pension hikes for over 1 crore government employees and pensioners. With this announcement, many are curious to know how much their monthly income will increase under the new pay structure. Reports suggested that a formula similar to the 7th Pay Commission will be used to determine salary increments for employees across Level 1 to Level 10. What is the Aykroyd formula? The Aykroyd Formula, developed by Dr. Wallace Aykroyd, was designed to determine the minimum cost of…

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04

Feb

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Business

Here’s how to check status on BSE, Kfin Tech, know listing date – India TV

Image Source : FILE The IPO is a combination of a fresh issue of up to Rs 300 crore and an Offer For Sale (OFS) of up to 6.78 crore equity shares. Dr Agarwal's Health Care allotment: Dr Agarwal's Health Care IPO share allotment status is expected to be finalised today i.e. February 3, 2025. The mainboard issue, which was open for subscription between January 29 and January 31, received a decent response from investors and got subscribed 1/55 times on the final day of the bidding. According to information available on NSE, the Rs 3,027.26-crore public issue received bids…

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03

Feb

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Business

Sensex plunges over 600 points in opening session, Nifty declined by 0.9 per cent – India TV

Image Source : FILE Sensex plunges over 600 points in opening session. Mumbai: The Indian stock markets opened in red on Monday amid the imposition of tariffs by US President Donald Trump on China, Canada, and Mexico. As per the latest updates from the market, Nifty index declined by 0.9 per cent to 23,271.35, while the BSE Sensex lost 600 points in opening session at 76,910, down by 0.8 per cent. Experts noted that Trump's imposition of tariffs has made markets volatile globally. Although Trump did not impose any tariffs on India, the effect could be felt on Indian indices…

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03

Feb

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Business

Check maturity amount on investment of Rs 10 lakh for 2 years – India TV

Image Source : PIXABAY As the name suggests, the scheme is for super senior citizens. SBI Patrons FD scheme: State Bank of India (SBI) offers several fixed deposit schemes but the one that is the focus these days is the newly launched 'SBI Patrons'. As the name suggests, the scheme is for super senior citizens and aims to recognise the patronage of elderly customers and provide them with additional benefits. SBI Patrons FD scheme: Eligibility This scheme is for super senior citizens i.e. individuals who are age 80 years or more. The is available for both single and joint accounts,…

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03

Feb

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Business

Check latest rates in Delhi, Chennai, Mumbai, Kolkata on February 3 – India TV

Image Source : PIXABAY Gold, silver price today Gold, Silver rates today: The gold rate decreased on Monday. The rate of 24-carat gold is Rs 8, 465.3 per gm, down by Rs 10.0. The rate of 22-carat gold is Rs 7, 761.3 per gm, down by Rs 10.0. The silver rate is Rs 1, 02, 500.0 per kg, down by Rs 100.0. Gold, Silver price in India Gold rate in Mumbai on February 03 On February 3, the gold rate in Mumbai is Rs 82, 270/10 grams. The gold was quoted at Rs 82, 270/10 grams on February 2. The…

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03

Feb

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Business

FMCG major may reward investors soon, check details – India TV

Image Source : OFFICIAL WEBSITE ITC has convened a meeting of the on February 6, 2025. ITC dividend 2025: ITC Ltd, a leading fast-moving consumer goods (FMCG) manufacturer, is expected to reward its investors soon. According to the information shared with the exchanges, the company has fixed a date for a meeting of the board of directors of the company during which the declaration of the interim dividend will be considered. ITC dividend 2025: Meeting Date The company said that it has convened a meeting of the on February 6, 2025. "A Meeting of the Board of Directors of the…

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03

Feb

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Business

How Railways plans to enhance rail connectivity – India TV

Image Source : AP 200 new Vande Bharat Express in next 3 years. After the budget 2025 presentation, the Indian Railways (IR) has announced plans to manufacture 17,500 Non-AC General and Sleeper Coaches to enhance the rail connectivity across the country. The move from the Centre will help in accommodating the growing demand for affordable travel. The step from the Indian Railways will improve the travel experience for low-income passengers while addressing the increasing pressure on railway infrastructure. Last week, Railway Minister Ashwini Vaishnaw reiterated that Indian Railways would maintain a 2:3 ratio for non-AC coaches and 1:3 for AC…

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03

Feb

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Business

NFO: HDFC Mutual Fund’s new index fund

Image Source : PIXABAY The new fund offer (NFO) of the scheme opened for subscription on January 31, 2025. HDFC Mutual Fund has launched the HDFC Nifty100 Quality 30 Index Fund. This is an open-ended scheme that tracks the Nifty100 Quality 30 Total Returns Index (TRI). HDFC Nifty100 Quality 30 Index Fund: Subscription dates The new fund offer (NFO) of the scheme opened for subscription on January 31, 2025. According to information available on the official website, the subscription will close on February 14. HDFC Nifty100 Quality 30 Index Fund: Investment objective The investment objective of the HDFC Nifty100 Quality…

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