Market regulator Sebi inks MoU with counterpart in Argentina <br/>

FDI grows 12% to 1.7 billion dollars in July

Foreign Direct Investment into the country grew 12 per cent, year-on-year, to 1.7 billion dollars in July--the highest since April. According to data of the Department of Industrial Policy and Promotion, during the April-July 2013 period, FDI grew 20 per cent, to 7.1 billion dollars. The sectors tha...

Import duty on gold jewellery raised to 15%; RBI tightens norms for loans against gold jewellery<br/>

Import duty on gold and silver jewellery has been raised to 15 per cent from 10 per cent. The decision is intended to protect the interests of small jewellary makers. A notification in this regard was issued today in New Delhi. Customs duty on gold has been revised upwards periodically during the la...

FDI grows 12% to 1.7 billion dollars in July

Foreign Direct Investment into the country grew 12 per cent, year-on-year, to 1.7 billion dollars in July--the highest since April. According to data of the Department of Industrial Policy and Promotion, during the April-July 2013 period, FDI grew 20 per cent, to 7.1 billion dollars. The sectors tha...

Import duty on gold, silver jewellery raised to 15% <br/>

Import duty on gold and silver jewellery has been raised to 15 per cent from 10 per cent. The decision is intended to protect the interests of small jewellary makers. A notification in this regard was issued today in New Delhi. Customs duty on gold has been revised upwards periodically during the la...

Import duty on gold jewellery raised to 15% <br/>

Import duty on gold jewellery has been raised to 15 per cent from 10 per cent. The decision is intended to protect the interests of small jewellary makers. A notification in this regard was issued today in New Delhi. Customs duty on gold has been revised upwards periodically during the last two year...

AEPC: Recent hike in duty drawback rates to help boost garment sector's exports

Apparel Export Promotion Council, AEPC, has said the recent hike in duty drawback rates by the government would help boost the garment sector&apos;s exports. Describing it as a critical incentive, AEPC Chairman A Sakthivel in a statement said the move would give a boost to overseas shipments . H...

FDI into the country grows 12%, year-on-year, in July

Foreign Direct Investment into the country grew 12 per cent, year-on-year, to 1.7 billion dollars in July--the highest since April. According to data of the Department of Industrial Policy and Promotion, during the April-July 2013 period, FDI grew 20 per cent, to 7.1 billion dollars. The sectors tha...

Sensex up 62 points to close at 19,804

The Sensex at the Bombay Stock Exchange ended with a gain of 62 points, or 0.3 percent, at 19,804, after volatile trade, today. The Nifty at the National Stock Exchange rose 10 points, or 0.2 percent, to 5,850.But stock markets in Japan, China, Hong Kong and South Korea declined between 0.3 percent ...

RBI tightens norms for loans against gold

In order to standardise valuation and improve transparency, the Reserve Bank of India has tightened the norms for loans against pledge of gold jewellery. The RBI said, in a notification, that gold jewellery accepted as collateral will have to be valued at the average of the closing price of 22 carat...