Business News LIVE Updates: Real-time updates on the biggest news from the world of business, stock market, and more.

Business News LIVE Updates Today: Stay informed with real-time updates on the latest news from the world of business, stock market, and more.

The most recent update reveals that Karnataka, Andhra Pradesh, Telangana, Kerala, and Tamil Nadu collectively account for 30% of India’s GDP, according to a recent report. This highlights the significant economic contribution of these southern states to the country’s overall GDP.

In other news, Anil Ambani’s company, Reliance Infrastructure, has successfully paid off over ₹3300 crore in debt, reducing its standalone external debt significantly. This positive development has led to a 7% increase in the company’s shares, reaching ₹252.15.

Furthermore, the stock market is experiencing a surge, with Sensex and Nifty reaching fresh all-time highs. Various sectors are witnessing growth, indicating a positive trend in the market.

Additionally, there have been interesting developments in the taxation of EPF contributions and withdrawals, shedding light on the tax implications for employees during different phases of their provident fund transactions.

Moreover, Tupperware Brands Corp has filed for Chapter 11 bankruptcy, citing challenges such as declining sales and increased competition. This news underscores the evolving landscape of the retail industry.

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