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May 22, 2023 7:27 PM
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In a recent discussion on Akashvani's program Spotlight, Dr. Sharad Kohli, an Economic Analyst, shed light on the withdrawal of the 2000 rupee denomination banknotes. Hosted by Rajesh Lekh, an Akashvani Correspondent, the conversation aimed to address common queries surrounding this decisio...
May 22, 2023 5:42 PM
Oil prices were trading steady today as caution relating to US debt ceiling talks dragged on optimism over oil demand later in the year. In intra-day trade, Brent crude was trading at 75 dollars and 73 cents a barrel. West Texas Intermediate crude price was at 71 dollars and 62 cents per barrel wh...
May 21, 2023 8:45 PM
Reserve Bank of India (RBI) has said on Sunday that people can exchange ten notes of two thousand rupees at a time from the bank without obtaining any requisition slip. RBI further clarified, the people will also not be required to submit their identity proof at the time of exchange for upto a limit...
May 20, 2023 6:24 PM
The Employees' Provident Fund Organisation (EPFO) has added 1.39 crore members during the financial year 2022-23. Provisional payroll data of EPFO highlights that it has added over 13 lakh members in March this year. Labour and Employment Ministry said that out of 13.40 lakh members added d...
May 19, 2023 8:14 PM
Finance Ministry today said that any payments by an individual using their international Debit or Credit cards upto seven lakh rupees per financial year will be excluded from the Liberalized Remittance Scheme, LRS limits and will not attract any Tax Collection at Source. Concerns have been raised ab...
May 18, 2023 8:41 PM
Amazon Web Services, AWS will invest around one lakh five thousand crore rupees by 2030 on cloud-related infrastructure in India. The company is making this investment to meet the growing demand of customers for cloud services. Amazon's Cloud Computing Unit said this in a statement released...
May 18, 2023 6:57 PM
Gold prices today declined 135 rupees at Multi Commodity Exchange for June contracts. The precious metal was trading at 60,000 rupees per 10 grams. Silver was also down 490 rupees to trade at 72,150 rupees per kilogram for July Contracts when reports last came in. In the global markets, gold was t...
May 18, 2023 5:50 PM
Oil prices eased today as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling. Prices had surged in the previous session on optimism over U.S. fuel demand. In intra-day trade, Brent crude was trading at 72 dollars and 66 cents a barrel. West Texas Intermediate crud...
May 18, 2023 5:14 PM
U.S. stocks rose sharply yesterday, fueled by optimism over a potential deal on the 31.4 trillion dollar federal debt ceiling. The rise was also attributed to a rebound in regional bank shares easing concerns about an escalation in the sector's troubles. The Nasdaq Composite index gained ...
May 18, 2023 5:11 PM
In the forex market, the rupee today closed at 82 rupees and 59 paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 103.11 in intra-day trade.
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