Business

June 1, 2023 9:23 PM

GST collections rise 12 per cent to 1.57 lakh crore rupees in May this year.

It comprises 28 thousand 411 crore rupees of CGST, 35 thousand 828 crore rupees of SGST, 81 thousand 363 crore rupees of IGST and 11 thousand 489 crore rupees of cess.    India witnessed a substantial increase in its Goods and Services Tax (GST) revenue in the last month reaching a total of One lakh...

June 1, 2023 7:30 PM

Dow Jones Industrial Average declined 0.4 percent; S&P 500 fell 0.6 percent

U.S. stocks closed down yesterday as a deal to raise the federal debt ceiling headed for a crucial vote in Congress.   U.S. stocks closed down yesterday as a deal to raise the federal debt ceiling headed for a crucial vote in Congress, while unexpectedly strong labour market data rattled investors w...

June 1, 2023 7:28 PM

Oil prices steadied; Brent crude trading at 72.10 dollars a barrel

West Texas Intermediate crude price was at 67 dollars and 62 cents per barrel when reports last came in.  Oil prices steadied today. In intra-day trade, Brent crude was trading at 72 dollars and 10 cents a barrel. West Texas Intermediate crude price was at 67 dollars and 62 cents per barrel when rep...

June 1, 2023 6:10 PM

Gold prices declined 460 rupees, Silver also fells 415 rupees

Gold prices today declined 460 rupees at Multi Commodity Exchange for June contracts. The precious metal was trading at 59,700 rupees per 10 gram. Silver also fell 415 rupees to trade at 71,685 rupees per kilogramme for July contracts when reports last came in.  Gold prices today declined 460 rupees...

June 1, 2023 5:49 PM

Rupee closes at Rs 82.42 against US dollar

In the forex market, the rupee today appreciated 31 paise to close at 82 rupees and 41 paise against the US dollar. In the forex market, the rupee today appreciated 31 paise to close at 82 rupees and 41 paise against the US dollar. The dollar index, which indicates the US currency's strengt...

May 31, 2023 6:58 PM

Stocks on Wall Street close mixed, Nasdaq Composite index rises 0.3 percent

Stocks on Wall Street closed mixed yesterday, pressured by worries about U.S. lawmakers opposed to a deal to raise the debt ceiling, but supported by another surge in Nvidia shares that lifted the chipmaker into a 1 trillion company.   The Nasdaq Composite index rose 0.3 percent, while the Dow Jones...

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