Mangalsutra and women's gold cannot be redistributed: PM Modi slams Congress manifesto

Prime Minister Narendra Modi, on April 21, came down heavily on the Congress, while addressing an election rally in Rajasthan's Banswara. Slamming the Congress' manifesto once again, he said the content of the manifesto is both serious and troubling. The Prime Minister slammed the Congress' promise of wealth distribution if elected to power in the ongoing Lok Sabha Elections. "Mangalsutra and women’s gold cannot be redistributed," said PM Modi, noting that the government has no right to take over people's private property. Read here

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Earth Day

Mixed week ahead; tug of war between bulls and bears to continue

Weekly map is showing a mixed sign ahead, where the first three days seem to be fine but the last two days could see big negative movements. Read here

Revenue, EBITDA seen rising on robust digital, retail growth; O2C rebound likely

Reliance Industries Ltd is set to report robust quarterly earnings, driven by a recovery in its core oil-to-chemicals (O2C) business and sustained momentum across the company’s consumer-facing telecom and retail businesses. An improvement in refining margins and a rebound in the petrochemicals cycle are likely to fuel RIL’s earnings growth for the quarter ended March 31, 2024 (Q4FY24), analysts said. The Mukesh Ambani-led conglomerate is scheduled to report its earnings on April 22. Read more here

4 public issues to open for subscription with 4 SME listings lined up this week

The mainboard segment of the primary market will remain quiet as there will be no listing taking place in the week starting April 22. However, JNK India will hit the Street as it opens subscription to its Rs 649.5-crore initial public offer this week. The big follow-on public offer (FPO) by Vodafone Idea will also close this week. The SME segment will remain busy with four companies making its market debut this week. Read here for more details

Sold sovereign gold bonds at market highs? Here’s how to calculate your taxes

If you are planning to sell your sovereign gold bonds units on the exchanges or have just received the money by redeeming the eight-year-old investment in SGB2016 Series II bonds, it is essential to know the taxation applicable. This is because the RBI doesn’t levy taxes before payment of the money to an individual. However, you will need to pay taxes when filing your returns. Here’s what you need to remember. Read here

From fitness apps trying to do more than count steps to nutrition trackers - how Indian health start-ups are using AI for fitness

How fitness apps from HealthifyMe and Fitelo to Fitterfly are using artificial intelligence to design products and services, and what to expect in terms of AI built into fitness gadgets and wellness services in the near future. Read more here