WhatsApp Financial News
11.10 / 10:29
UPS
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information
Department
LIC gets GST notice for paying taxes at lower rate. Details here
₹37,000. The notice, issued by “State Taxes Officer, Srinagar", pertains to the financial year 2019-20. The state-run insurer has been asked to submit an additional amount as it had paid taxes on certain invoices at the rate of 12 percent instead of 18 percent, as per the notice.
11.10 / 10:29
Reuters
Aware
Enterprise
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Shell
reports
SEBI probing Adani Group's ties with Gulf Asia fund: Report
Adani Group and Gulf Asia Trade & Investment, a fund that is incorporated in the British Virgin Islands, news agency Reuters reported on October 11, citing sources who are privy to the development. The investigation has been launched to ascertain whether any share ownership rules were flouted, the report claimed, on the basis of inputs it received from two persons who are aware of the matter. The Gulf Asia fund, the report said, is owned by Dubai-based businessman Nasser Ali Shaban Ali as per the checks on its website last month.
11.10 / 08:07
Reuters
Extreme
economy
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World Bank chief Ajay Banga highlights difficulties for central banks, says ‘wars are extremely challenging’
Reuters. Addressing a news conference here, Banga said wars are extremely challenging for central banks that are trying to find a way to steer their economies toward a soft landing.
11.10 / 08:07
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Vedanta incorporates Vedanta Base Metals; shares gain over 3% as company steps ahead towards demerger
₹1 lakh, the company said in an exchange filing today. Under the terms of the Companies Act, 2013, Vedanta Base Metals Ltd was established as a public company on October 09, 2023.
11.10 / 07:43
Provident
Strategy
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Immunic
Bill
information
reports
EAM S Jaishankar, Canadian foreign minister Mélanie Joly held secret meeting in Washington: Report
The Financial Times reported citing sources. As per the report by FT, in the previous week, Trudeau and Joly said that Ottawa was attempting to address the dispute behind closed doors.
11.10 / 07:43
Booking
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Morningstar
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fall
Equity mutual fund inflows fall in September 2023: AMFI data
mutual funds continue to see inflows while large-cap funds witnessed outflows, the data showed. “Equity-oriented funds continued to witness net inflows in September, marking the 31st consecutive month of net inflows. The segment witnessed net inflows of ₹14,091.2 crores in September 2023 lower than what it witnessed in the previous month ( ₹20,245.26 crore).
11.10 / 07:43
COST
Aviat
Airlines
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reports
recovery
Aviation sector to maintain fast-paced recovery through H2 FY24: Icra
₹121,013 per kl in 2022-2023 and at ₹101,833 per kl so far in the current financial year compared with an average of ₹65,368 per kl in 2019-2020. Jet fuel prices in Delhi rose for a fourth consecutive month to reach ₹118,199.17 per kilolitre (kl) on 1 October, a 32% spike since June.
11.10 / 07:03
UPS
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share price
week
JK Tyre share price hits 52-week high, up 108% in 7 months; should you buy, sell or hold?
₹294.95 and looked set to extend the gains into the second consecutive session. JK Tyre share price opened at ₹273.95 against the previous close of ₹270.15 and jumped 8.6 per cent to the 52-week high of ₹294.95 on BSE. While there is no immediate fundamental trigger for the stock, technical analysts observed that the stock breached the level of ₹290 which it had been struggling to cross for some time.
11.10 / 07:03
Strategy
TCS
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Experts
reports
Buyback
share price
TCS share price: Experts unveil this strategy ahead of buyback, Q2 results announcement
TCS share price: Shares of Tata Consultancy Services (TCS) have been in uptrend since early morning deals. TCS shares price today opened upside and went on to hit intraday high of ₹3,650 apiece on NSE, logging near one per cent intraday gain in near one hour of stock market's opening bell.
11.10 / 07:03
ETF
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Q4
Gold ETF outflows accelerates to fourth month in September; turbulence seen in Q4: World Gold Council
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Europe also witnessed a fourth consecutive monthly outflow in gold ETFs. Regional gold ETFs suffered a loss of over $1 billion, or 28 tonnes during September – a month in which the European Central Bank delivered its tenth consecutive rate hike and reiterated that rates will stay “at sufficiently restrictive levels for as long as necessary." Gold prices declined 3.7% in September dragged by a sharp uptick in bond yields alongside a stronger dollar.
11.10 / 06:47
Provident
Platform
Remark
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2020
Zolve snags $100 million debt facility from CIM
₹300 crore) in a Series A funding round led by partners of DST Global, with participation from Tiger Global, Alkeon Capital, and existing investors Accel and Lightspeed Venture Partners. It was valued at at $210 million ( ₹1,575 crore) in that round.
11.10 / 06:19
NIFTY
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Rupee opens 5 paise higher at 83.20 against the US dollar
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Brent crude futures, the global oil benchmark, rose 0.38% to $87.98 per barrel. In the domestic equity market, the 30-share BSE Sensex jumped 455.36 points or 0.69% to 66,534.72 points, while the broader NSE Nifty advanced 137.80 points or 0.7% to 19,827.65 points.
11.10 / 06:19
Lowe's
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share price
surges
Laxmi Organic share price surges over 8% on QIP fund raising; here's what analysts say
₹259.1 crore via Qualified Institutional Placement (QIP). Laxmi Organic Industries Ltd share price opened at an intraday low of ₹274.50 apiece on BSE.
11.10 / 06:19
Action
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Department
Delhi sees ‘moderate’ air quality for fourth consecutive day, overall AQI at 156
Click here! As per the weather office, the minimum temperature dipped a notch below normal to 19.4 degrees Celsius. The relative humidity in the national capital was recorded at 81 per cent. The weather department has predicted clear sky during the day.
11.10 / 06:19
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Southern
information
reports
Gaza will regret, will never go back to…: Israeli Defence Minister threats Hamas ‘moving to full offense’
Gaza border, the Israeli Defence Minister said, "I have released all the restraints. We have [regained] control of the area and we are moving to a full offence. Gaza will “never go back to what it was." "You will have the ability to change the reality here.
11.10 / 06:19
AXY
CEO
Strategy
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This bank launches India’s first numberless credit card with no CVV, expiry date, or annual fee. How does it work?
Axis Bank, said, “ This numberless Axis Bank card will prioritize the security of our customers while offering a robust financial solution that empowers smart and ambitious youth of our nation. Our overarching banking strategy of being connected aims to foster inclusivity and enhance accessibility for the diverse and growing consumer segment." Akshay Mehrotra, Co-Founder and CEO of Fibe said, “We take great pleasure in introducing India's first numberless credit card, in association with Axis Bank.
11.10 / 06:19
WhatsApp
Weather Update: IMD predicts heavy rainfall in THESE states. Check list here
Also Read: Weather update: IMD predicts heavy rains in THESE states during the next 4 days. Check forecast here "Exciting news! Mint is now on WhatsApp Channels
11.10 / 06:19
Mobile
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pandemic
Experts
reports
Exxon Mobil in talks to buy shale rival Pioneer Natural Resources for $60 billion: Report
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Exxon last year earned a record $56 billion profit, two years after losses ballooned to $22 billion during the COVID-19 pandemic. The deal will leave four of the largest US oil companies in control of much of the Permian Basin shale field and its extensive oilfield infrastructure Antitrust experts told Reuters last week that Exxon and Pioneer stood a good chance of completing their deal, even though they would face heavy scrutiny.
11.10 / 05:09
IPO
Booking
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band
share price
Sunita Tools share price makes a decent debut, lists at 6.9% premium at ₹155 on BSE SME
Sunita Tools Limited share price today was listed at ₹155 per share, 6.9% higher than the issue price of ₹145. Sunita Tools public issue was offered at a fixed price of ₹145 per equity share of face value of ₹10 each. Sunita Tools Limited lot size stood at 1000 equity shares and in multiples of 1000 equity shares thereafter.
11.10 / 05:09
COST
Booking
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Experts
exclusive
Can I claim an exemption under Sections 54 and 54F simultaneously for investment in the same house?
Answer: As per the income tax laws any house or land becomes a long-term capital asset if the same is held for 24 months or more. One can claim exemption against long-term capital gains arising from the sale of residential houses and land respectively under sections 54 and 54F by investing in a residential house. If you sell land and building before it becomes a long-term capital asset, the profits are taxed as short-term capital gain and taxed like your regular income.
11.10 / 05:09
IPO
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band
Canarys Automations IPO listing: Shares have positive debut, list at 40% premium at ₹43.45 on NSE SME
₹43.45 per share, 40.2% higher than the issue price of ₹31. Canarys Automations IPO opened for subscription on Wednesday, September 27, and closed on Tuesday, October 3.
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