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Monday, 4 November 2024

4 November 2024 News and Updates

4th November 2K24

📝 Reliance Consumer targets chips, biscuits market with higher trade margins
📝 41% workers on contract in formal manufacturing sector in FY23: ASI data
📝 India's EV market sees festive season boost, reversing recent slump
📝 Banks, FIMMDA discuss MIBOR replacement with collateralised rate framework
📝 18 companies in Nifty-50 miss estimates in September quarter, shows data
📝 India boosts global share in petroleum, gemstone, sugar exports over 5 yrs
📝 Opec+ agrees to delay planned December output increase for one month
📝 Punjab paddy procurement crosses 8.5 MT, Centre says ops in full swing
📝 Anarock FY25 revenue may rise 40% on strong housing demand: Chairman Puri
📝 Construction of 12 river bridges completed for Gujarat bullet train project
📝 GX group aims for 60% reusable materials in products within two years: CEO
📝 Sebi proposes interest rate derivatives for hedging by REITs and InvITs
📝 India's progress on fossil fuel subsidy reform noteworthy, says ADB
📝 Coal India hopes to rejoin dividend list as ECL improves performance
📝 Ujjivan Small Finance Bank to apply for universal licence this fiscal: MD Sanjeev Nautiyal
📝 VW cost cutting necessary after 'decades of structural problems', CEO tells paper
📝 Govt infuses Rs 1,650 cr in RINL to keep it as a going concern
📝 Karur Vysya Bank strengthens retail footprint in Tamil Nadu and Karnataka
📝 Canara Bank aims Rs 6,000 cr recovery in H2 FY25
📝 Apollo Hospitals announces Rs 1,625 crore expansion in Mumbai and Lucknow
📝 Iron ore output up 5.5% at 135 MT in 1st half of FY25
📝 Suven, Cohance aim to double combined business revenue to Rs 6,000 cr by FY29
📝 Federal Bank acquires five floors office space in Mumbai’s Wadala from Varde Partners
📝 Telangana govt to come up with new energy policy soon, says Deputy Chief Minister
📝 Netflix India sees double-digit growth in revenue, profit for FY24
📝 FMCG firms caution price hike as input costs and food inflation rise
📝 US Fed set to cut rates for second time as it faces hazy post-election outlook
📝 DLF to develop ultra-luxury housing project worth ₹8,000 crore in Gurugram 
📝 ONGC fails to get partner for Deen Dayal gas field for third time
📝 India may extend bid deadline for coal gasification scheme
📝 Maruti Suzuki expects festive momentum, wedding season to carry November sales
📝 India commits to protect 30% land, marine area to eliminate biodiversity loss
📝 Nvidia to replace Intel in Dow Jones Industrial Average
📝 FPIs dump ₹94,017 crore in Indian equities; outflow hit record-high in October
📝 Sundar Pichai shows confidence in firm's legal position on antitrust rulings
📝 China’s EV makers set sights on Latin America in global expansion
📝 Amazon India sees festive surge in luxury sales: Apple tablet sales up 10x

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✅ Income tax Case Law
Reopening of assessment u/s 147 - Gujrat High Court Set aside & quashed notice u/s 148, where case was re-opened on the ground wherein no addition was made on the issue of tax deducted at source and cash deposits
Mehsana Urban Co-op Bank Ltd. , dt 22/10/2024

✅ New Guidelines on Annuity Cancellation and Transfers in NPS
Circular No. PFRDA/2024/18/SUP-ASP/01 on October 24, 2024
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