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Business News LIVE Updates: Real-Time Insights

Stay abreast of the most significant developments in the business world with our real-time updates. From the stock market to groundbreaking innovations, we provide comprehensive coverage of the news that matters to you.

Key Highlights from October 29, 2024

Tolerance Ranges Notification

As of October 29, 2024, it has been noted that the tolerance ranges for financial transactions will be fixed at 1% for wholesale trading and 3% for other types of transactions. This decision comes as an essential guideline aimed at enhancing clarity and compliance in the financial sector.

What You Can Expect Today

Stay Updated on the Titans of Business

Follow our coverage on industry giants including Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani. Our team meticulously tracks all developments, ensuring you do not miss any important updates related to these influential figures. Additionally, keep an eye on the constantly fluctuating prices of gold and silver, as we provide timely updates to keep you informed.

Disclaimer: This live blog is generated by AI technology and has not yet been reviewed by staff at Hindustan Times.

Continuous Updates by the Minute

October 29, 2024 Updates

• 4:05 PM IST:

  • Transfer Pricing Notification
    The Central Board of Direct Taxes (CBDT) has updated the tolerance ranges for transfer pricing applicable for Assessment Year 2024-25. This accounting approach is crucial for determining inter-company pricing.

• 4:02 PM IST:

  • Penalties on General Electric
    The Indian government is set to impose penalties on General Electric due to significant delays in the delivery of jet engines crucial for light-combat aircraft in India.

• 3:24 PM IST:

  • Flying Routes Guide
    With the approval of winter flight schedules, a comprehensive guide detailing the longest and shortest non-stop routes in India has been released.

• 3:10 PM IST:

  • Blinkit Scam Reported
    A customer reported a significant issue with Blinkit, having ordered a 1 gm gold coin but receiving only a 0.5 gm coin, while the return window closed without resolution.

Major Business Moves

• 2:26 PM IST:

  • JioCinema and OTTplay Partnership
    Users of OTTplay can now access a wealth of content from JioCinema, enhancing their viewing experience with an array of shows and movies.

• 1:47 PM IST:

  • Apple’s Export Shift
    Apple has notably exported $6 billion worth of iPhones from India, marking a strategic shift aimed at diminishing reliance on China for manufacturing.

Gold and Silver Prices

As we celebrate Dhanteras today, the price of gold has reached ₹78,804, up by 0.3% compared to previous rates. The MCX data reflects a steady rise, showcasing investors’ confidence in precious metals during this auspicious season.

AI legalese decoder: A Valuable Resource

Navigating the complexities of business regulations, especially those involving financial compliance like transfer pricing, can be daunting. This is where AI legalese decoder comes into play. This cutting-edge tool can assist businesses in decoding legal jargon and understanding regulations such as tolerance ranges for financial transactions. With AI legalese decoder, stakeholders can ensure compliance, reduce legal risks, and make informed decisions with ease.

By leveraging such innovative technology, businesses can position themselves favorably in a rapidly changing business environment, thereby enhancing their operational efficiency and decision-making processes.

Keep Following for More

To ensure you are not left behind in the fast-paced world of business, continue to follow our updates for the latest news and trends. We’ll cover essential topics from stock movements to significant corporate developments as they unfold today.

Disclaimer: Our updates are continuously refreshed, and your engagement helps you stay ahead in the competitive landscape of business.

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