India’s forex reserves jump $2.816 bn to $606.859 bn
India’s forex reserves jumped USD 2.816 billion to USD 606.859 billion in the week ended December 8, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had risen USD 6.107 billion to USD 604.042 billion. It can be noted that in October 2021, the...
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India’s exports dip 2.83 per cent to $33.9 billion in November
16 December 2023 | PTI -
India challenges WTO panel ruling in favour of EU on ICT import duties
16 December 2023 | PTI -
Markets fire on all cylinders
16 December 2023 | PTI -
India's exports decline 2.83 pc to USD 33.9 bn in Nov: Govt data
15 December 2023 | PTI -
Investors richer by Rs 2 lakh cr as Sensex scales 71,000-peak
15 December 2023 | PTI -
Procurement from GeM portal may reach Rs 3.5L crore this fiscal
15 December 2023 | PTI -
Rupee recovers 7 paise to close at 83.33 against dollar as rate hike fear eases
15 December 2023 | PTI
Bihar Business summit: MoUs inked with 300 firms for investment of Rs 50,530 cr.
Memorandums of Understanding (MoUs) totalling Rs 50,530 crore were sealed with around 300 companies for proposed investments in various sectors in Bihar during the two-day global investors' summit which concluded here on Thursday, officials said. Chief Minister Nitish Kumar who attended the event during the day released the Bihar Logistics Policy...
Ashneer Grover moves NCLT, alleges mismanagement, oppression against BharatPe
BharatPe co-founder and former managing director Ashneer Grover has moved the National Company Law Tribunal (NCLT), alleging oppressive conduct and mismanagement by the board of the fintech firm. In his petition, Grover has prayed for reinstating him as managing director of the company and declare as "illegal" changes in the management...
Gold jumps Rs 1,130; silver rallies Rs 2,350
Gold price jumped Rs 1,130 to Rs 62,950 per 10 grams in the national capital on Thursday amid strong trends in the global markets, according to HDFC Securities. The precious metal had ended at Rs 61,820 per 10 grams in the previous close. Silver also rallied Rs 2,350 to Rs 77,400 per...
Wholesale inflation back in positive zone after 7 months, at 0.26 per cent in Nov
Wholesale price-based inflation rose at the fastest pace in eight months at 0.26 per cent in November mainly due to a sharp rise in food prices. The WPI inflation was in the negative zone for the past seven months and was at (-) 0.52 per cent in October. "Positive rate of inflation...
Don’t apply SC ruling in NOS case mechanically in all employee secondment cases: CBIC to officials
The CBIC has asked its field offices not to mechanically apply the Supreme Court judgement in the Northern Operating System (NOS) case in relation to the secondment of employees. In an instruction to field formations, the Central Board of Indirect Taxes and Customs (CBIC) said secondment as a practice is not...
Average power purchase cost rises 71 paise/unit in FY22-23
Average power purchase cost increased by 71 paise per unit during FY22-23 due to a rise in various overheads like transmission and distribution rates, Parliament was informed on Thursday. On the rise in power cost due to increased use of imported coal, Union Power Minister RK Singh, in a written reply...
Sensex, Nifty hit lifetime highs as US Fed keeps rate unchanged
Benchmark equity indices Sensex and Nifty rallied over 1 per cent to hit all-time highs on Thursday, propelled by intense buying in IT, tech and realty stocks after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year. Persistent buying by foreign investors and sliding...
