Updates Financial News

Bosch Ltd.(up 0.74 per cent), Eicher Motors Ltd.(up 0.72 per cent), Samvardhana Motherson International Ltd.(up 0.65 per cent), Balkrishna Industries Ltd.(up 0.43 per cent) and Hero MotoCorp Ltd.(up 0.37 per cent) were among the top gainers.

ITC shares this week, citing individuals familiar with the matter. The London-based tobacco giant, which currently holds a 29.03% stake in ITC through three of its entities, has been in discussions with Bank of America Corp and Citigroup Inc.

Enforcement Directorate (ED) is carrying out searches at premises linked to Jharkhand Congress MLA Amba Prasad, ANI reported. Searches are ongoing at 36-year-old Prasad's Ranchi residence and other locations.

“Income Tax Department has received information about certain significant financial transactions relating to FY 2023-24 (AY 2024-25). Please view transactions under e-Campaign tab on Compliance Portal and remember to pay appropriate Advance Tax." If you have received such a message from the Income Tax department with an inflated tax demand, know that it is an error due to inaccurate reporting of certain financial transactions in the annual information statement (AIS). Chartered accountants told Mint that some taxpayers have received advance-tax notice in which certain reporting entities have reported faulty transactions.

Track Live Market Updates Here The Nifty IT index has seen some consolidation in the recent past. The index is down about a per cent in the last one month against a nearly 3 per cent rise in the benchmark Nifty 50. However, over a longer timeframe, Nifty IT has showcased stronger performance compared to Nifty 50.

Elon Musk's Tesla seeks tariff concession to enter Indian market, but Minister says, 'We do not tailor policy for any…' Informing about the new feature via an X post, Musk wrote, “In the coming weeks, posts that you add to your Highlights tab will receive a slight boost in reach, provided this function is not overused. Highlights are meant to be what you think are your most interesting posts" Meanwhile, this is not the first time that Musk has promoted the Highlights tabs feature. The billionaire had also promised enhanced reach for Highlighted posts last year.

Read the full story here.)Sensex Today Live : Airtel, Aditya Birla Capital, ITC, Indigo, Religare, SpiceJet, are some stocks likely to be in focus on Tuesday, March 12.Sensex Today Live : The Indian stock market indices are poised for a cautious start on Tuesday, taking cues from a mixed global scenario. The Gift Nifty trends suggest a slightly positive opening for the Indian benchmark index, trading around 22,445 levels, nearly 30 points higher than the previous close of Nifty futures.On Monday, domestic equity indices succumbed to weakness and closed lower, influenced by weak global indicators.

Citizenship Amendment Act, 2019 before Lok Sabha polls, the central government notified the CAA-19 rules on Monday. With the implementation of the CAA, non-Muslim migrants from Bangladesh, Pakistan and Afghanistan can easily get Indian citizenship. The law applies to all the people who came from the three countries on and before December 31, 2014.

CAA notification India Live Updates: The Modi government on Monday i.e. March 11, 2024 notified the rules of the Citizenship Amendment Act (CAA).

Murshidabad West Bengal Lok Sabha Election 2024 Details: The Election for Murshidabad Lok Sabha Constituency in West Bengal, which is one of the 42 Lok Sabha constituencies in the state, is expected to be held this year in March. The final date of voting and result will be known after the formal announcement by the Election Commission of India. Here are the important details of Murshidabad Constituency Lok Sabha Election 2024 that you should know.

March is a crucial time for all taxpayers to stay on top of their income tax responsibilities and make smart financial moves. Whether you are a salaried individual or running your own business, here is a simple breakdown of what you need to do before March 31.

‘Compliance Portal’ launched by the Income-tax department is showing inaccurate/inconsistent financial information for several taxpayers, as per numerous complaints on social media and chartered accountants. As per chartered accountants, the compliance portal is showing highly inflated transaction value and advance tax liability. In this regard the Income-tax department has said on X in a post dated March 11, 2024, “Based on feedback from taxpayers on the e-campaign for Advance Tax, the Department has identified certain inconsistencies in the data of the securities market (SFT-17) provided by one of the Reporting Entities.

Moderna (NASDAQ:MRNA) shares are rallying Monday, with the stock up more than 10%, trading over the $114 per share mark. The move has seen MRNA climb to its highest level since January, adding to its gains so far this year after a dismal 2023.

Manipur government has launched Imphal—Ukhrul—Imphal Route, Manipur Helicopter Service. Biren took part in several programmes on Monday. Manipur chief minister N Biren Singh stated in X, “Pleased to launch the Imphal—Ukhrul—Imphal Route, Manipur Heli Service in the presence of Hon’ble Cabinet Ministers, MLAs and other officials at my secretariat office today. The air route connectivity between Imphal and Ukhrul will serve as a convenient means of travel & transportation while boosting commercial activities between the two districts, and it will further help in strengthening developmental work in various sectors”. Biren said that the Manipur heli-service is operating on various routes already including along Imphal – Churachandpur, Imphal to Aizwal via Churachandpur, Imphal to Lairouching, Imphal to Dimapur via Lairouching, Imphal-Moreh among others.

Benchmark NSE Nifty closed 160.9 points down at 22332.65 amid selling in frontline bluechip counters.

Shares of Au Small Finance Bank Ltd.(up 2.27 per cent) ended the day as top gainers in the pack.

Bitcoin prices rallied on Monday to hit a fresh record high above $71,000, after the British financial watchdog said it would allow institutions to file applications for cryptocurrency-linked exchange-traded products for the first time.

When David Finkelstein and his wife first got their new Hyundai EV, they drove it for months without a hitch. Then, the Ioniq 5 SUV started to repeatedly fail, rendering it inoperable. He couldn’t even open the door at times.

Funding the purchase of your dream house is a tough ask, particularly if you are a salaried employee. For one, property prices seem to be on the rise always. Two, savings from mutual fund investments and bank fixed deposits alone may not be sufficient as there will always be expenses that are often unaccounted for.

Congress on Monday launched a scathing attack on Prime Minister Narendra Modi, saying his «relentless campaign» on 'Modi ki Guarantee' cannot change the truth that he will say whatever he needs to in order to win an election and his «warranty» is now over. Congress general secretary Jairam Ramesh said the prime minister is going around the country proclaiming the virtues of his «guarantees» and since he has already been in power for a decade, one must do a status update of 10 guarantees he has given during his tenure. He said Prime Minister Modi promised to create two crore jobs for India's youth every year but unemployment reached a 45-year peak in India under «anyay-kaal (period of injustice)».

Bitcoin miners, rebounding from the recent cryptocurrency downturn, are pouring billions into new equipment and setting energy consumption records, in light of an impending software update in the biggest cryptocurrency that could affect their revenue streams.