New Delhi , 10 July 2024 :- The surge in tomato prices in Delhi can be attributed to multiple factors exacerbated by the recent monsoon rains. The heavy rains have disrupted the supply chain, affecting transportation and damaging crops. As a result, the number of trucks transporting tomatoes from major producing states like Maharashtra, Karnataka,…
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The benchmark equity indices in India opened positively today, with the BSE Sensex surpassing the 80,000 mark again. The Sensex was trading 170 points higher, or 0.21 percent, at 80,130 points. Meanwhile, the NSE Nifty rose by 39 points, or 0.16 percent, to trade at 24,359. The auto index was the best performer, showing a…
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Saudi , 8 July 2024 :- Abdulaziz Almuzaini, a Saudi TV creator known for his controversial animated Netflix series “Masameer County,” has been sentenced to 13 years in prison and faces a 13-year travel ban by Saudi Arabia’s Specialised Criminal Court, which is established to try terrorism cases. Almuzaini’s satirical show, which debuted in 2021,…
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New Delhi . 7 July 2024 :- High-value cash transactions exceeding specific limits are closely monitored by the Income Tax Department (ITD). Notable transactions include: Bank Transactions :Savings account transactions over Rs 10 lakh annually.Current account transactions over Rs 50 lakh annually , Single cash deposits above Rs 2 lakh. Fixed Deposits: Total deposits exceeding Rs…
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New Delhi , 6 July 2024 :- The Reserve Bank of India (RBI) recently imposed penalties on five banks, including Punjab National Bank (PNB), for various non-compliances with its directions. According to The Economic Times, PNB was fined ₹1.31 crore on July 3, 2024, due to failures in adhering to guidelines related to ‘Loans and…
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At the Multi Commodity Exchange, gold and silver prices showed positive trends on Saturday, July 5th, 2024. The August contract for gold rose by 0.18 percent, reaching 72,500 rupees per 10 grams. Meanwhile, the July contract for silver increased by 0.21 percent, trading at 90,223 rupees per kilogram at the time of the latest reports.…
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New Delhi , 5 July 2024 :- HDFC Bank Ltd, India’s third most-valued stock, experienced a significant decline, dropping over 4% on Friday. This resulted in a loss of Rs 53,000 crore in market capitalisation following the lender’s business update for the June quarter concerning loans and advances and deposit growth. Historically, the June quarter…
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Benchmark equity indices declined due to profit-taking following a record rally in recent sessions and selling in blue-chip stocks. The BSE Sensex was down 510 points or 0.64%, trading at 79,538, while the Nifty fell 88 points or 0.36%, standing at 24,214 at the time of the latest reports.
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India’s coal production for June 2024 has reached 84.63 million tonnes, with a growth rate of nearly 15 per cent compared to the corresponding period in the previous year. The Ministry of Coal informed that during June 2024, Coal India Limited (CIL) achieved coal production of 63.10 million tonnes (which is a provisional figure), marking…
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The Sensex opened this morning, it crossed the 80,000 mark for the first time. At midday, it was trading at 79.884, up over 440 points. In the first trade, Nifty reached a new all-time high as well.
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