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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/Mdrh31Y

The NTA is expected to release the results today for the NEET UG 2024 re-exam taken by 813 students. These candidates received grace marks in the original exam that were later scrapped. They could choose to retake the exam or keep their original scores without the grace marks. The original exam results were controversial due to allegations of leaks. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/dmzWPKF

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/Fnw75ft

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Indian government bonds entered the JP Morgan emerging market bond index, attracting significant foreign investment. This inclusion will enhance bond visibility, stability of the rupee, and the country's balance of payments. An estimated $20-25 billion is expected to flow into India by FY25. Initial inflows strengthened the rupee. With a large local debt stock, India's high yields and stable macroeconomic conditions make its bonds attractive to foreign investors, improving lending rates for banks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LjUKlFW

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Sebi announced reforms to streamline delisting procedures, protect investors, and tighten eligibility criteria for stocks in the F&O market. It barred registered advisors from partnering with unregistered influencers to prevent misleading investment claims and eased delisting rules with a fixed-price mechanism and lowered the counteroffer threshold. Additionally, Sebi introduced 'adjusted book value' for both illiquid and liquid stocks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3hkqxfC

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/MaItHzZ

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The BSE Sensex and NSE Nifty surged to record highs, driven by private bank stocks like Axis Bank, ICICI Bank, and HDFC Bank. The market also witnessed notable achievements such as ICICI Bank crossing a market cap of $100 billion and the current high valuations of Indian equities. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BG4Z8NX

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/Pv7LVRf

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/gNMUOzJ

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/1IPlyJH

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/X47TzlW

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/ZgINKYi

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/6LrfHes

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/lbACZIh

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/ZbBFWzm

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/BSv4ojY

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/kPLt4I1

The rupee hit a historic low of 83.67 against the dollar due to significant outflows, importer demand, and global factors. The Reserve Bank of India's limited intervention led to a weaker close. The market eagerly awaits the impact of the Budget and the inclusion in JP Morgan's Emerging Markets Index. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ekgvThY

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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/L4ms1ty

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/dNOzXsW

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Income Tax Return Filing FY 2023-24: Form 16 consists of two parts: Part A and Part B. Part A shows the total tax deducted from salary income in each quarter of the financial yea from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lvjHTNQ

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/3pjfibR

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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/cEXsfez

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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/MsIunZV

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/Mn7CmGv

UGC NET admit card for June 2024 session has been released tonight on the official website ugcnet.nta.ac.in. The exam will be conducted across multiple centres in the country on June 18. Read on for the direct link to download UGC NET hall ticket 2024 and know what details aspirants need to check for errors. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/alhbM0o

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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/9pRgOSM

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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/xdROB6f

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