The development comes as the SpiceJet airline is grappling with multiple headwinds, including lessor woes and is in the process of raising funds.
In the early trade, the 30-share BSE Sensex fell 48.06 points to 74,071.33. Meanwhile, the Nifty declined 7 points to 22,486.55 points.
India and EFTA have been negotiating the pact, officially dubbed the Trade and Economic Partnership Agreement (TEPA), since January 2008. Thirteen rounds of talks were held till November 2013 before negotiations were put on hold.
Sharing details of the law, FM Sitharaman said, eight different items which have something to do with intellectual property have all been brought together under one umbrella.
The deposit under the Sukanya Samriddhi scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent.
As Mahashivratri approaches in March 2024, banks across India will be closed in commemoration of the festival. This closure coincides with the second Saturday and Sunday, leading to an extended three-day weekend for many individuals.
The Modi Cabinet took decisions on several key issues including increasing DA, extending subsidy to Ujjwala scheme beneficiaries, and approving funds for Northeast infrastructure boost among others.
In the early trade, the 30-share BSE Sensex was up by 159.18 points to 74,245.17. Meanwhile, the Nifty rose 49.6 points to 22,523.65.
Indian stock indices surged to record highs on Wednesday, with the Sensex crossing the 74,000 mark for the first time and settling at 74,085.99 points, while the Nifty closed at 22,474.05 points.
Fly 91 is a regional airline with headquarters based in Goa. The airline will operate via ATR 72-600 planes.
RBI said that card issuers need to provide an option to their eligible customers to choose from multiple card networks at the time of issue.
In the early trade, the 30-share BSE Sensex fell 229.04 points to 73,448.09. Meanwhile, the Nifty declined 63.15 points to 22,293.15. Meanwhile, the rupee stayed flat at 82.90 against the US dollar in early trade.
Anant Ambani, the youngest of the three children Mukesh Ambani and Nita Ambani have, is set to marry Radhika Merchant - the younger daughter of Viren Merchant, CEO of Encore Healthcare, and entrepreneur Shaila Merchant.
The surge in Bitcoin's price can be attributed to several factors, including a surge in investment into US spot exchange-traded crypto products and the recent approval of 11 spot bitcoin Exchange-Traded Funds (ETFs) by the Securities and Exchange Commission (SEC) in late January.
The RBI has directed JM Financial Products Limited to cease financing against shares and debentures due to significant deficiencies observed in its lending practices. This directive, prompted by a review of the company's books, aims to ensure financial stability and uphold regulatory standards.
Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of customers.
In the early trade, the 30-share BSE Sensex fell 297.97 points to 73,574.32. Meanwhile, the Nifty declined 86.05 points to 22,319.55 points.
In a statement, the RBI said it has directed IIFL Finance Ltd "to cease and desist, with immediate effect, from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans".
Despite achieving fresh closing highs, the market saw relatively modest gains, influenced by mixed global cues and the absence of significant triggers. Analysts attribute the subdued performance to a lack of fresh catalysts in the current market environment.
Union Finance Ministry set up a committee under Finance Secretary TV Somanathan to review the pension system for government employees.
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