Finance

Ahead of the opening bell on April 8, 2024, these are the companies that are capturing attention on Dalal Street

Congress MP from Wayanad Rahul Gandhi on Wednesday declared his assets in his nomination for the upcoming general elections. As per his affidavit filed from Wayanad, Rahul Gandhi has total assets worth over Rs 20 crore. Take a look at his investments.

Thursday's equities market will be influenced by the Services PMI, global cues, and corporate announcements. Asian markets saw gains, while Wall Street closed mixed.

Apart from his tenure as the Deputy Chief Minister of Bihar, Sushil Kumar Modi has also served as the state's Finance Minister. With over three decades of active involvement in politics, he has left an indelible mark on Bihar's political landscape.

These rules aim to curb the practice of banks and finance companies imposing additional fees on borrowers for late payments or breaches of loan terms. Under the new directives, banks are prohibited from charging penal interest on late Equated Monthly Installment (EMI) payments and from adding extra charges to the interest rate.

Karnataka retains its second-highest position in Goods and Services Tax (GST) collection for March 2024, trailing behind Maharashtra. Despite ranking second, Karnataka has shown impressive growth, with a 26% increase compared to the previous year. Nationwide, March 2024 marks the second-highest GST collection on record, indicating an 11.5% increase from the previous year. 

The Home Department owes approximately Rs 200 crores to fuel pump owners for fueling police vehicles across the state. The finance department sanctioned the amount after criticizing the police for spending the amount.

Germany on Monday became the largest EU country to legalise recreational cannabis, despite facing strong objections from opposition politicians and medical associations. 

Dr Thomas Isaac, a prominent Communist leader and former finance minister of Kerala, showcased his modest lifestyle in his nomination affidavit, revealing minimal possessions apart from a vast collection of books.

Finance Minister Nirmala Sitharaman said she declined the BJP's offer to contest elections pleading that she did not have the 'kind of fund' required to contest the Lok Sabha polls.
 

Adithyan, a 23-year-old employed at a private finance firm, was brutally hacked to death by a group of unidentified assailants at Ooruttukaala junction in Neyyattinkara, Thiruvananthapuram on Wednesday (Mar 27).
 

Union Finance Minister Nirmala Sitharaman rebuts Karnataka's drought relief funds plea, suggesting the Supreme Court decide on responsibility. She assures funds are allocated per Finance Commission recommendations, dismissing discrimination claims. Sitharaman emphasizes proper procedures for fund disbursement and advocates for prudent fiscal planning over hasty free schemes.

The Kerala government has raised concerns about its borrowing ceiling, alleging Centre's interference in regulating the state's finances. The Centre argued in the Supreme Court that Kerala has been overborrowing in recent years, citing statistics.
 

As the financial year is nearing end, the Union Finance Ministry, in a notification, has directed all the Income Tax offices across the country to remain open on the last Sunday of this month. 

The mustering process in the ration shops across the state was disrupted due to ongoing e-POS server failures from Friday( March 15). s. Due to the server strike, the KYC process in the state's ration shops has been delayed.