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Yesterday’s big news was related to SEBI. To protect retail investors from losses, market regulator Securities Exchange Board of India i.e. SEBI issued a new circular on Tuesday (October 1) regarding Futures and Options (F&O). At the same time, the government has collected Rs 1.73 lakh crore from Goods and Services Tax, i.e. GST, in September 2024. There has been an increase of 6.5% on annual basis.
Before tomorrow’s big news, today’s major events to keep an eye on…
- The stock market will remain closed today.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. SEBI issued a new circular regarding F&O: Contract size increased to ₹ 15 lakh for index derivatives, new rules will be applicable from November 20.
To protect retail investors from losses, market regulator Securities Exchange Board of India i.e. SEBI issued a new circular on Tuesday (October 1) regarding Futures and Options (F&O). According to the circular, the contract size for index derivatives will be increased from Rs 5-10 lakh to Rs 15 lakh.
Whereas weekly index expiry will be limited to one per exchange. SEBI will implement a total of six new rules including contract size and weekly expiry. To regulate the high risk world of F&O, SEBI has made a new framework i.e. new rules.
Click here to read the full news…
2. Government collected ₹ 1.73 lakh crore from GST in September: 6.5% increase on annual basis, ₹ 1.62 lakh crore GST was collected in September 2023
The government has raised Rs 1.73 lakh crore from Goods and Services Tax, i.e. GST, in September 2024. There has been an increase of 6.5% on annual basis. The government had collected Rs 1.62 lakh crore GST in September last year. Last month in August, the government had collected Rs 1.75 lakh crore from GST.
This is the second month of single digit growth in collections and the slowest pace of growth in 39 months. Gross GST collection increased by 7.7% in June. The average GST collection pace has decreased to Rs 1.77 lakh crore monthly in the second quarter as compared to Rs 1.86 lakh crore in the first quarter of FY 2025.
Click here to read the full news…
3. Banks will remain closed for 15 days this month: Apart from 4 Sundays and 2 Saturdays in October, there will be no work for 9 days at different places.
There will be no work in banks for 15 days in this month i.e. October 2024. Due to various reasons in the country, banks will not function for 9 days at different places. Apart from these, banks will also remain closed on 4 Sundays and 2 Saturdays.
Banks will remain closed everywhere on October 2 on the occasion of Gandhi Jayanti. Apart from this, banks will remain closed in most parts of the country on Dussehra on 12th October. Here we are telling you about the bank holidays of the month of October.
Click here to read the full news…
4. 6 changes in October, commercial cylinder costlier by Rs 48: Rules of PAN card and Sukanya Samriddhi Yojana changed; flight tickets may become cheaper
From Tuesday (October 1), a 19 kg commercial gas cylinder has become costlier by Rs 48. Now it will be available for Rs 1740 in Delhi. At the same time, there has been a change in the rules related to PPF and Sukanya account. The rules related to making PAN card have also been changed.
Apart from this, air travel may become cheaper due to falling prices of aviation fuel. Oil marketing companies have reduced the prices of Aviation Turbine Fuel (ATF) by Rs 6,099 per kiloliter (1000 litres).
Click here to read the full news…
5. Garuda Construction and Engineering’s IPO will open on October 8: Investors will be able to bid till October 10, minimum investment ₹ 14,915
The initial public offer i.e. IPO of Garuda Construction and Engineering Limited will open on October 8. Investors will be able to bid for this issue till October 10. The company’s shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 15.
The company wants to raise ₹264.10 crore through this issue. For this, the company is issuing 18,300,000 fresh shares worth ₹173.85 crore. Whereas, the existing investors of the company are selling 9,500,000 shares worth ₹90.25 crore through Offer for Sale i.e. OFS.
Click here to read the full news…
6. BMW CE 02 electric-scooter launched in India: Price starts from ₹ 4.50 lakh, range of 108 km on full charge
BMW Motorrad India on Tuesday (October 1) launched the premium electric scooter BMW CE 02 in the Indian market. The company claims that it runs 108 kilometers on full charge. The company has kept the price of e-scooter at Rs 4.50 lakh.
This is the company’s second premium electric two-wheeler in India. In July this year, the company launched its super premium electric scooter BMW CE 04 with a range of 130km, which is the most expensive electric scooter in India.
Click here to read the full news…
Now read the news you need
You can invest in SBI ‘Amrit-Kalash’ scheme till 31st March: In this, senior citizens are getting 7.60% and others are getting 7.10% annual interest.
State Bank of India (SBI) has extended the last date for investing in its special fixed deposit (FD) scheme Amrit Kalash. Now you will be able to invest in it till 31 March 2025. Earlier its last date was 30 September 2024. In this scheme, senior citizens are getting 7.60% annual interest on FD and others are getting 7.10% annual interest.
In this special fixed deposit scheme one has to invest for 400 days. In such a situation, if you want more interest on FD then you can invest in this scheme. We are telling you about it.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow’s stock market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…
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