Page 12 - India News
Non-reporting of foreign moveable assets up to Rs 20 lakh decriminalised
Be cautious, taxman could still come after you for wilfully withholding information
 "Non-reporting of foreign moveable assets up to Rs 20 lakh decriminalised")
News updates: Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage
Catch all the news from around the world here
 "News updates: Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage")
GDP growth in FY25 may surpass Economic Survey's prediction: India Inc
Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, said, "We believe that the growth will be above such conservative estimates as 8 per cent growth is becoming a new normal for India"
 "GDP growth in FY25 may surpass Economic Survey's prediction: India Inc")
Highlights: Piyush Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26
Latest news updates: Catch all the news updates from around the world here
10 banks, NBFCs faced minor disruptions due to global tech outage: RBI
Overall Indian financial sector remained insulated from the global outage
 "10 banks, NBFCs faced minor disruptions due to global tech outage: RBI")
10 banks, NBFCs faced minor disruptions due to global tech outage: RBI
Overall Indian financial sector remained insulated from the global outage
Flight delays, manual check-in: Microsoft outage affects Indian carriers
Hundreds of flights delayed at Delhi, Mumbai, Bengaluru airports after issue with Microsoft's Azure Could platform
 "Flight delays, manual check-in: Microsoft outage affects Indian carriers")
Budget and Economy:Mutual fund funding to NBFCs increases after RBI's risk
Stays above Rs 2 trillion mark for second consecutive month
 "Budget and Economy:Mutual fund funding to NBFCs increases after RBI's risk")
ADB ups India GDP forecast to 7% for FY25 on investments, consumer demand
Supply line disruptions and weather shocks to agriculture are key risks to outlook, says lender
 "ADB ups India GDP forecast to 7% for FY25 on investments, consumer demand")
SpiceJet shares fly 7% on six-fold jump in Q4 profit; gains 15% i
SpiceJet shares: SpiceJet airline reported a standalone net profit of Rs 119 crore in Q4FY24
 "SpiceJet shares fly 7% on six-fold jump in Q4 profit; gains 15% i")
Bansal Wires IPO Day 1: Check subscription status, GMP, lot size here
The initial public offering (IPO) of Bansal Wire Industries, valued at Rs 745 crore, garnered strong interest from both retail and non-institutional investors, achieving full subscription on Wednesday
 "Bansal Wires IPO Day 1: Check subscription status, GMP, lot size here")
Mayawati welcomes DU's decision to reject Manusmriti as part of syllabus
On Thursday, Delhi University Vice-Chancellor, Prof. Yogesh Singh, announced that the proposal to include the Sanskrit text 'Manusmriti' in the LLB curriculum was rejected
Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar
Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points
 "Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar")
Insurers expect Union budget to have more tax benefits for health insurance
Extending Ayushman Bharat to those aged above 70 years will be highly beneficial for senior citizens, D S Negi, CEO of Rajiv Gandhi Cancer Institute & Research Centre said
 "Insurers expect Union budget to have more tax benefits for health insurance")
Crypto industry body requests reduction in TDS to 0.01% in Budget
The crypto body has further asked for an increase in the threshold limit for TDS deduction under Section 194S of the Income Tax Act from Rs 10,000 to Rs 5,00,000
 "Crypto industry body requests reduction in TDS to 0.01% in Budget")
Fair trade, focus on manufacturing, infra on steel firms' Budget wish list
Steel companies hope the govt will continue to focus on infra expansion while also giving the industry a level playing field to compete with imports
 "Fair trade, focus on manufacturing, infra on steel firms' Budget wish list")
Stock market LIVE Updates, July 8: RIL, FMCG shares help limit losses on D-Street; Nifty tests 24300
Stock Market LIVE on July 8: In the broader market, the BSE MidCap and SmallCap indices were down 0.3 per cent; Rail-related shares, however, were in demand.
Registration fee waiver in UP to spur hybrid car sales? What Nomura says
Toyota, with its dominant market share in strong hybrids in India, analysts said, is anticipated to be a primary beneficiary of this policy change, followed by Maruti Suzuki (MSIL)
Bajaj Auto stock up 2% on launch of world's 1st CNG bike; Hero Moto down 3%
Bajaj Auto launched the world's first CNG motorcycle-Freedom 125. The starting price of Bajaj Auto's first-ever CNG bike has been set at Rs 95,000
 "Bajaj Auto stock up 2% on launch of world's 1st CNG bike; Hero Moto down 3%")
FPIs turn net buyers, investments in financials at 6-mth high: NSDL data
The heaviest-weighted sector, financials, garnered FPI inflows worth Rs 9,170 crore (about $1.1 billion) during the month, the highest since December 2023
 "FPIs turn net buyers, investments in financials at 6-mth high: NSDL data")
