TDS on salary: Now salaried taxpayers will be able to see how much benefit of lower TDS they got in the TDS certificate statement from Q4 2024-25 onwards. Experts say due to this new TDS change now salaried employees may get more salary in hand due to lower TDS deduction.
India's current account deficit was $11.2 billion or 1.2% of GDP in July-September, similar to the previous year. The merchandise trade deficit increased to $75.3 billion, while net services receipts rose to $44.5 billion. Private transfer receipts also grew, and the balance of payments showed a surplus of $18.6 billion.
Max Estates Ltd has sold luxury residential properties worth Rs 845 crore in Noida's 'Estate 128' project within a week of the second phase launch, surpassing its original guidance. The combined project now comprises four towers with 268 units, achieving a booking value of Rs 2,700 crore.
In 2024, Zomato achieved profitability milestones and diversified its revenue streams under CEO Deepinder Goyal. The company's quick commerce subsidiary Blinkit expanded aggressively. Zomato also entered the live events and entertainment sector with the District app after acquiring Paytm Insider. The company navigated controversies and regulatory scrutiny while staying focused on further improving its profitability.
In the Nifty50 index, 29 stocks closed in the green, while 21 stocks ended in the red.
Rachan's startup, Dhanvitta, based in Mangaluru, is transforming stock market education with practical courses and the Dhanvitta Master Strategy. This method, accessible to all skill levels, combines fundamental and technical analysis, aiding traders worldwide. Dhanvitta offers multilingual online courses, including Tulu, emphasizing flexible, value-driven learning.
Tata Steel commemorates former Prime Minister Manmohan Singh's visit to Jamshedpur in 2008 for its centenary celebrations. Singh, who passed away recently, marked the event by planting a banyan tree, symbolizing growth and prosperity. He was lauded for his significant role in India's economic reforms.
Moong dal is a powerhouse of nutrition that every growing kid needs. Packed with protein, vitamins, and minerals, it supports muscle development, boosts immunity, and keeps kids energized throughout the day.
India's foreign exchange reserves dipped by $8.4 billion to $644.39 billion as of December 20, according to data shared by the Reserve Bank of India (RBI) on Friday. For the previous week, India's foreign exchange reserves dropped by $1.98 billion during the week ending December 13, 2024, settling at $652.87 billion.
The NSE Nifty index closed 63.21 points up at 23813.4
Former Prime Minister Manmohan Singh was integral in implementing the Right to Information Act in 2005, fostering transparency and accountability in government. Despite initial apprehensions about its impact, Singh remained committed to the principles of open governance, significantly changing citizens' access to government information.
The Indian Meteorological Department has issued a warning for heavy rainfall and thunderstorms with hailstorms across several states on 27th and 28th December 2024. States affected include Uttarakhand, Himachal Pradesh, Haryana, Chandigarh, Delhi, and more. Cold day conditions and dense fog are also expected in parts of Himachal Pradesh and Rajasthan, respectively.
MAGA (Make America Great Again) supporters, another name for Trump followers, have also criticised Krishnan’s nomination, with activist Laura Loomer accusing him of betraying the “America First” agenda. She argued that his support for removing country caps on green cards would disproportionately benefit workers from populous countries like India, potentially disadvantaging American STEM graduates.
The NSE Nifty index closed 63.21 points up at 23813.4
Malaysian Prime Minister Anwar Ibrahim paid tribute to former Indian Prime Minister Manmohan Singh, who passed away. Anwar recalled Singh's kind offer of scholarships for his children during his imprisonment. He described Singh as a steadfast statesman and true friend. Anwar expressed deep grief and noted Singh's significant role in India's economic reforms.
Prime Minister Manmohan Singh praised US President George W Bush for his role in the Indo-US civil nuclear deal during their 2008 meeting. Singh highlighted Bush's leadership in strengthening the relationship between India and the US. While this praise received criticism from Indian political parties, it underscored Singh's commitment to the nuclear agreement and its significance in bilateral relations.
DAM Capital Advisors' IPO, entirely an OFS, saw strong demand with 81.88x subscription, driven by reasonable valuations promising good listing gains. Proceeds will go to the selling shareholders.
Former PM H D Deve Gowda praised the late Manmohan Singh, highlighting his pivotal role in steering India out of an economic crisis during the 1990s. Singh's efforts as Finance Minister under Narasimha Rao, and his implementation of key economic reforms, were acknowledged as having saved the country from a debt trap.
Former Prime Minister Manmohan Singh, who passed away at 92, was summoned in a coal block allocation case, which the Supreme Court later stayed. The Supreme Court raised significant legal questions about prosecuting public officials without evidence of criminality and maintained Singh acted on the coal ministry's recommendations.
A plot next to Amazon founder Jeff Bezos' Miami properties is on sale for $200 million. The land is on Indian Creek, a private island that's home to several billionaires. The sellers remain unknown, but their broker said they are open to negotiating the price. The listed land comes with 200 feet on Biscayne Bay and views of downtown Miami.