The neighbouring country plunged into uncertainty after extraordinary street protests over job quota forced Bangladesh Prime Minister Sheikh Hasina to flee the country. In view of the law and order situation, Indian air services to Dhakha have been halted for Tuesday.
The Sensex opened in positive territory today, currently up by 963.48 points, or 1.22%, trading at 79,722.88. The market's robust performance reflects investor confidence, with significant gains across multiple sectors contributing to the upward momentum.
In the broad stock market indices, all indices including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Small cap declined around 2 per cent during the opening session.
Shares of Zomato zoomed more than 12 per cent on August 2 after the food delivery aggregator reported a multi-fold jump in consolidated net profit to Rs 253 crore for the June quarter. The stock of Zomato surged 12. 24 per cent to close at Rs 262.74 apiece on the National Stock Exchange.
ITR 2024: The process of issuing income tax refunds begins only after the taxpayer e-verifies their return. The deadline for filing Income Tax Returns (ITR) was July 31, 2024.
The Income Tax Department set a new record with 7.28 crore ITR filings for the fiscal year 2024-25, marking a 7.5% increase from last year. A notable 72% of taxpayers opted for the new tax regime.
Despite the strong rally seen in the previous session, the market faced pressure as traders reacted to uncertain external factors, leading to a volatile start to the trading day.
In a positive economic development, the government announced that July's Gross Goods and Services Tax (GST) collections have surged by 10.3%, reaching over Rs 1.82 lakh crore. This marks a significant improvement from the same period last year.
The Nifty rose by 59.75 points to reach a new all-time high of 25,010.90, while the Sensex climbed 126.21 points to close at a record high of 81,867.55.
FASTag is part of the government's broader initiative to promote digital payments and improve the efficiency of road transportation. Since February 2021, FASTag has been made mandatory for all vehicles in India, except for some exemptions like two-wheelers and certain categories of vehicles.
In the early trade, the 30-share BSE Sensex climbed 334.83 points at 82,076.17. Meanwhile, the Nifty was also up by 104.70 points to 25,055.85.
In a public advisory issued late on Wednesday, the National Payment Corporation of India (NPCI), which oversees payment systems, announced that it had temporarily restricted C-Edge Technologies from accessing the retail payments system operated by NPCI.
The I-T department's helpdesk has been operational 24x7, offering support through calls, live chats, WebEx sessions, and social media to assist taxpayers with ITR filing and related services.
ITR Filing 2024: Today is the deadline for ITR filing. Taxpayers who have filed their returns and are due a refund can expect processing to take 15 to 45 days after e-verification. Refund status can be checked online using a PAN card on the Income Tax e-filing portal.
Boeing named aerospace industry veteran Kelly Ortberg as its new President and CEO after a months-long search, tasking the former Rockwell Collins executive with the monumental job of turning around the struggling planemaker.
More than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year, the income tax department said on July 27. The figure is 8 per cent more than what it was last year.
In the early trade, the 30-share BSE Sensex climbed 79 points to 81,535.12 Meanwhile, the Nifty was also up by 15 points to 24,872.50.
The Lower House of the Parliament approved the Union Budget 2024-25. The budget was presented by Union Finance Minister Nirmala Sitharaman on July 23.
The ties between the two countries nosedived significantly following the fierce clash in the Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades.
Earlier in July, Chief Economic Adviser V. Anantha Nageswaran said New Delhi should focus on Foreign Direct Investments from China to boost its exports and help keep India's growing trade deficit with Beijing in check.
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