Top news of the week: Mukhtar Ansari's death, PM Modi-Bill Gates AI talks, T+0 settlement, IPL 2024, and more
Read more here In a recent discussion with Bill Gates, Prime Minister Narendra Modi highlighted India's strides in technology, focusing on digital empowerment, women's inclusion, and AI challenges. He explained how India has embraced technology to prevent monopolies and ensure it is accessible to all citizens. PM Modi conveyed that India has democratized technology to avoid monopolies, asserting it as a people-centric endeavor.
He also noted that women in India are particularly open to adopting new technology. Read more here On account of three US Fed rate cut buzz in 2024, gold prices finished on an exceptionally positive note in the last session of FY24. Ahead of the end of FY24, the gold futures contract on the Multi Commodity Exchange (MCX) for April 2024 expiry ended at ₹67,800 per 10 gm level after climbing to a new lifetime peak of ₹67,850 per 10 gm.
While finishing at the ₹67,800 level, MCX gold rate registered around ₹11,000 per 10 gm rise in the last two quarters of the current fiscal. Read more here State Bank of India (SBI), MRF, Hindalco, Vedanta are among 25 stocks that will be eligible for the T+0 settlement cycle from March 28. Stock exchanges NSE ad BSE have released a list of these 25 stocks that are eligible for the shortened settlement cycle.
The list includes Ambuja Cements, Ashok Leyland, Bajaj Auto, Bank of Baroda, Bharat Petroleum Corporation Ltd (BPCL), Birlasoft, Cipla, Coforge, Divi’s Laboratories, Hindalco Industries, Indian Hotels Company Ltd, JSW Steel, LIC Housing Finance, LTIMindtree, and more. Read more here The Income Tax Department has reportedly issued a demand notice of ₹1,700 crore to the Indian National Congress on Friday. The fresh demand notice is for assessment years 2017-18 to
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