Updates Financial News

According to an RBI notification as of December 2, 2024, “The reasons were attributed to either inactivity for a long time or pending/periodic updation of KYC in such accounts. Reportedly, there were instances of customers facing inconvenience when they approached the bank branches for activation of inoperative accounts, including inadvertent errors in customer details such as mismatch in name, etc. It was also observed that a few banks have a large pendency of accounts that are due for update/periodic updation of KYC, resulting in such accounts getting frozen for further transactions as per the bank's internal policies.” The RBI has advised banks to take necessary steps urgently to reduce the number of inoperative/frozen accounts and make the process of activation of such accounts smoother and hassle-free, including by enabling seamless updation of KYC through mobile/internet banking, non-home branches, video customer identification process, etc.

In an update today (3 December), the ONS stated that its sample size of individual responses had reached 42,398 from July to September 2024, up from 29,220 for the same period last year. UK's national statistics agency added it expects the dataset to further increase in size in coming periods but warned of «more instability in LFS estimates» since «the changes take time to progress through waves of data collection into outputs». Last month, Meg Hillier, chair of the Treasury Committee, wrote a public letter to the UK Statistics Authority raising concerns about the accuracy of the ONS ...

income tax department making errors in processing income tax returns (ITR). The Karnataka State Chartered Accountants Association (KSCAA) has sent a representation to the CBDT in this regard. KSCAA's representation says that the CPC has erred in considering the due date for filing ITR and has imposed penalties even for those who filed ITR well within the deadline. A chartered accountant, who did not want to be named, also said that her own firm as well as the firm's clients got slapped with the penalty for late filing of ITR even though it was filed on time.

HCL Technologies Ltd.(up 1.01 per cent), L&T Technology Services Ltd.(up 0.75 per cent), LTIMindtree Ltd.(up 0.55 per cent), Tata Consultancy Services Ltd.(up 0.43 per cent) and Infosys Ltd.(up 0.41 per cent) were among the top gainers.

EID Parry(India)Ltd.(up 3.78%), KCP Sugar & Industries Corporation Ltd.(up 3.17%), Dwarikesh Sugar Industries Ltd.(up 2.26%), Ugar Sugar Works Ltd.(up 2.06%), Bajaj Hindusthan Sugar Ltd.(up 1.85%), Triveni Engineering & Industries Ltd.(up 1.61%), Ponni Sugars(Erode)Ltd.(up 1.53%), Rajshree Sugars & Chemicals Ltd.(up 1.50%), Mawana Sugars Ltd.(up 1.45%) and Uttam Sugar Mills Ltd.(up 1.41%) were among the top gainers.

Canara Bank(up 3.06 per cent), Bank of Baroda(up 2.93 per cent), Punjab National Bank(up 2.18 per cent), IndusInd Bank Ltd.(up 1.97 per cent) and State Bank of India(up 1.83 per cent) were among the top gainers.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Share Price Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels As of the last recorded day, the Nifty 50 closed at 24131.1. This figure indicates the index's performance and reflects investor sentiment and market trends at that time.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Bank Nifty Share Price Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels As of the last trading day, the Bank Nifty closed at 52,055.6. This figure indicates the performance of the banking sector in the stock market, reflecting a specific market sentiment and trends within that sector.

popular instant messaging platform will no longer be compatible with iOS versions earlier than 15.1, according to a report from WABetaInfo.This move will affect devices that are unable to update beyond iOS 12.5.7, the last software version available for these older iPhones. Users on these models must either upgrade to a newer device or explore alternatives, as their current hardware will no longer support WhatsApp after the announced deadline.WhatsApp has given users a generous five-month notice, with the changes set to come into effect on 5 May 2025.

The Department of Supervision, RBI, recently conducted an analysis, which revealed that the number of inoperative accounts/unclaimed deposits in several banks was on the higher side vis-a-vis their total deposits as well as in absolute terms, it said. «The banks are ...advised to take necessary steps urgently to bring down the number of inoperative/frozen accounts and make the process of activation of such accounts smoother and hassle free,» a notification to chiefs of all the banks said.

Day 2 Highlights : West Indies vs Bangladesh Live Score: West Indies Keacy Carty 27 (79) Kraigg Brathwaite 37 (126) Bangladesh Taskin Ahmed 0/14 (9) West Indies vs Bangladesh Live Score: West Indies Keacy Carty 25 (74) Kraigg Brathwaite 36 (125) Bangladesh Nahid Rana 1/35 (11) West Indies vs Bangladesh Live Score: West Indies Kraigg Brathwaite 35 (124) Keacy Carty 22 (69) Bangladesh Taijul Islam 0/10 (12) West Indies vs Bangladesh Live Score: West Indies Keacy Carty 22 (69) Kraigg Brathwaite 33 (118) Bangladesh Nahid Rana 1/31 (10) West Indies vs Bangladesh Live Score: West Indies Kraigg Brathwaite 33 (118) Keacy Carty 20 (63) Bangladesh Taijul Islam 0/8 (11) West Indies vs Bangladesh Match Details 2nd Test (Day3) of Bangladesh tour of West Indies, 2024 between West Indies and Bangladesh to be held at Sabina Park, Kingston, Jamaica at 08:30 PM.

Future Consumer Ltd.(up 3.71%), Patanjali Foods Ltd.(up 2.92%), Parag Milk Foods Ltd.(up 2.53%), Varun Beverages Ltd.(up 1.78%), Dangee Dums Ltd.(up 1.70%), ADF Foods Ltd.(up 1.66%), Zydus Wellness Ltd.(up 1.57%), JHS Svendgaard Laboratories Ltd.(up 1.42%), Hatsun Agro Products Ltd.(up 1.20%) and LT Foods Ltd.(up 1.19%) stood among the top gainers.

Pokarna Ltd.(up 14.75%), Ashapura Minechem Ltd.(up 6.01%), Sandur Manganese & Iron Ores Ltd.(up 5.87%), 20 Microns Ltd.(up 5.00%), Oriental Trimex Ltd.(up 4.94%), Madhav Marbles & Granites Ltd.(up 1.50%), MOIL Ltd.(up 1.46%), Coal India Ltd.(up 1.28%), Gujarat Mineral Development Corporation Ltd.(up 1.12%) and NMDC Ltd.(up 0.74%) stood among the top gainers.

Shares of Natco Pharma Ltd.(up 2.88 per cent), Biocon Ltd.(up 2.8 per cent), Gland Pharma Ltd.(up 2.43 per cent), Mankind Pharma Ltd.(up 2.16 per cent) and Granules India Ltd.(up 1.84 per cent) ended the day as top gainers in the pack.

Tech Mahindra Ltd.(up 1.33 per cent), MphasiS Ltd.(up 1.13 per cent), Persistent Systems Ltd.(up 0.79 per cent), Infosys Ltd.(up 0.6 per cent) and LTIMindtree Ltd.(up 0.57 per cent) were among the top gainers.

Vivo T3 Ultra in-depth review: A near perfect performance phone for budget buyersiQOO 13 will feature a 2K LTPO AMOLED display with 144Hz refresh rate. It will also come with IP68 and IP69 rating for dust and water resistance.

Inox Wind Ltd.(up 9.47%), Torrent Power Ltd.(up 6.00%), Ravindra Energy Ltd.(up 5.00%), Inox Wind Energy Ltd.(up 4.97%), Neueon Towers Ltd.(up 4.82%), GE Power India Ltd.(up 3.72%), Jyoti Structures Ltd.(up 3.17%), GMR Power and Urban Infra Ltd.(up 1.60%), Adani Green Energy Ltd.(up 1.55%) and Indo Tech Transformers Ltd.(up 1.48%) were among the top gainers.

The NSE Nifty index traded 1.25 points down at 24129.85, while BSE Sensex was 89.22 points at 79713.57 as of 09:58AM(IST)on December 02.

The NSE Nifty index was trading 7.4 points down at 24123.7, while BSE Sensex was 109.35 points at 79693.44 at the time of writing this report.

Venue : Shere Bangla National Stadium, Mirpur, Dhaka Bangladesh Women squad - Fargana Hoque, Murshida Khatun, Sarmin Sultana, Sharmin Akhter, Sobhana Mostary, Taj Nehar, Fahima Khatun, Mst Ritu Moni, Shorna Akter, Dilara Akter, Nigar Sultana Joty, Disha Biswas, Fariha Trisna, Jahanara Alam, Jannatul Ferdus, Marufa Akter, Nahida Akter, Rabeya, Sanjida Akter Meghla, Sultana Khatun Ireland Women squad - Gaby Lewis, Leah Paul, Sarah Forbes, Una Raymond-Hoey, Alice Tector, Arlene Kelly, Laura Delany, Orla Prendergast, Amy Hunter, Christina Coulter Reilly, Aimee Maguire, Alana Dalzell, Ava Canning, Cara Murray, Freya Sargent Bangladesh Women vs Ireland Women Match Details 3rd ODI of Ireland Women tour of Bangladesh, 2024 between Bangladesh Women and Ireland Women to be held at Shere Bangla National Stadium, Mirpur, Dhaka at 09:30 AM.

Pakistan Tehreek-e-Insaf (PTI) issued a statement on Sunday following an important meeting, urging full access to party founder Imran Khan due to serious concerns over his health and safety, ARY News reported. The committee stated that Imran Khan's health had become a significant concern, with growing public anxiety surrounding his condition. It called for the immediate restoration of access to Khan's family, legal team, and party officials to ensure transparency and accountability in his treatment. The statement also urged both the federal and Punjab governments, along with prison authorities, to provide clear and frequent updates on Khan's health status.