Stock Market Highlights, January 8, 2025: The benchmark equity indices showed great resistance on Wednesday as the BSE Sensex reovered around 650 points from its day's low to settle at 78,141.06, down

Stock market

The changes involve simplifying the language and rationalizing information by using formulas and tables, and won't include any adjustments to tax rates and policy, the people said

Nirmala Sitharaman, Sitharaman

Stocks to Buy Today: Narayana Hrudalaya and Pfizer shares have been rising with heavy volumes

stock market, Indian stock market, National stock exchange, NSE

Here's a quick capsule of the best of Business Standard's opinion pages today for your quick reading.

high risk

One of the opportunities identified by Accel under the consumer theme is 'Bharat', where startups cater to the top 30 per cent of households in India's Tier-2+ regions

(From left) Abhinav Chaturvedi and Barath Shankar Subramanian, Partners at Accel

Stocks to Buy Today for Upside, Jan 6, 2025: TATAMOTORS has witnessed a steep correction of nearly 40 per cent from its peak of Rs 1,179 in the past five months and has plummeted to oversold terrain

tata motors

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
In a strongly worded letter to US Attorney General Merrick B Garland, Congressman Lance Gooden, member of the House Judiciary Committee, demanded answers on the Justice Department's selective prosecution of foreign entities and the potential harm such actions pose to US's global alliances and economic growth and that if there is any Geroge Soros connection to it.
The Department of Justice's selective actions risk damaging critical alliances with key partners like India, one of America's strongest allies in the Asia-Pacific region, Gooden said in his letter dated January 7.
Instead of pursuing cases with tenuous jurisdiction and limited relevance to US interests, the DOJ should focus on punishing bad actors at home, rather than chasing

Gautam Adani, Adani

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

electric two wheeler

In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

Phone, social media, mobile phones

The AAP, Congress and SAD on Wednesday slammed the Centre for its decision to re-designate the post of adviser to the Chandigarh administrator as the chief secretary, dubbing it as a "direct attack on Punjab's legitimate claim over the Union Territory".
The Union Home Ministry has rechristened Chandigarh adviser's post as chief secretary.
The charge of the adviser to the UT administrator was given to a senior IAS officer from the Arunachal Pradesh-Goa-Mizoram and Union Territory (AGMUT) cadre.
The Punjab governor holds the charge of the UT Chandigarh administrator.
Chandigarh is the joint capital of Punjab and Haryana.
Punjab's ruling Aam Aadmi Party (AAP) strongly condemned the Centre's move, claiming it once again "exposes the anti-Punjab attitude" of the Central government.
It is an attempt to weaken Punjab's claim over Chandigarh, claimed AAP leader Neel Garg.
"The appointment of a chief secretary is meant for a state. Chandigarh is not a state, nor does it have a chief mini

Modi, Narendra Modi

The winter chill intensified in most parts of north India on Wednesday as night temperatures in the Kashmir Valley dipped in most parts to settle below zero degrees, while it inched closer to the freezing point even in parts of Rajasthan and Himachal Pradesh.
The national capital, however, saw a brief respite from the bitter cold during the day and saw a sunny afternoon and higher daytime temperatures.
In Himachal Pradesh, the weather department issued a yellow warning for a cold wave, ground frost and dense fog for some places in five of the 12 districts in the state -- Una, Bilaspur, Hamirpur, Kangra and Mandi.
Due to a western disturbance, there is a possibility of rain and snowfall in parts of northwest India later in the week, the weather office said.
The India Meteorological Department said in its Wednesday bulletin that minimum temperatures are likely to fall by about 2 degrees Celsius in northwest India during the next 24 hours and a gradual rise by  2-4 degrees thereafter.

Fog, New Delhi Fog, Winter

The Income-Tax Department on Wednesday said it has set up a 24x7 control room to keep a vigil on movement of unaccounted cash, bullion and other valuables to ensure clean and fair Delhi assembly elections.
The Directorate of Income Tax (Investigation), Delhi, has made several arrangements to keep a vigil on the movement of unaccounted cash, bullion and other valuables, likely/suspected to be used for electoral purposes, during the Model Code of Conduct within the NCT of Delhi, the finance ministry said in a statement.
The directorate has opened a 24x7 Control Room at Civic Centre, New Delhi, and has also issued a toll-free number 1800111309 where any person can communicate with and give any information to the Income Tax Department regarding suspicious movement/ distribution of cash, bullion, precious metals, etc, within the NCT of Delhi, in connection with the Delhi Assembly elections.
The voting for Delhi Assembly polls will be held on February 5 and counting will take place on ...

tax, income tax, audit, tax terror

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Oppn slams Centre's move to redesignate Chandigarh's adviser as chief secy

Severe cold grips north India, IMD says mercury could dip further

Delhi polls: I-T dept sets up control room to monitor unaccounted wealth

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Stock Market Close Highlights: Sensex recoups 650 pts from low, ends flat; RIL, ITC, TCS rally 2%

Centre to simplify decades-old income tax filing rules in upcoming Budget

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