Business

September 5, 2022 10:14 PM

India's external debt rises by 8.2 pc to over USD 620 bn till Mar 2022

India's external debt grew by 8.2 per cent to over 620 billion US dollar at the end of March this year. The Union Finance Ministry's Department of economic Affairs has released the 28th edition of the Status Report on India's External Debt 2021-22.  According to it, India&...

September 4, 2022 1:54 PM

Over-all exports of India set to cross 750 billion US dollar this year

The government has said that country's overall exports will cross 750 billion US dollar this year. Last year it was at the level of 676 billion US dollar. Briefing reporters in New Delhi, Commerce Secretary  B V R  Subrahmanyam said,  goods exports is expected to touch 450 billion dollar wh...

September 3, 2022 4:08 PM

Market remains unchanged for the week amid mixed cues as FII buying continues

Market remained unchanged in the week ended on Friday as it witnessed high volatility on the back of mixed global cues after hawkish US Federal Reserve stance and rising inflation in Eurozone and Japan. On the other hand, better macro data and FII buying provided support at lower levels. Investor se...

September 3, 2022 11:53 AM

CBDT issues refunds of over ? 1.14 lakh crore to more than 1.97 crore taxpayers

Central Board of Direct Taxes, CBDT has issued refunds of over one lakh 14 thousand crore rupees to more than one crore 97 lakh taxpayers between 1st April to 31st August this year. In a tweet, Income Tax India said, the refunds of 61 thousand 252 crore rupees have been issued in over one crore nine...

September 1, 2022 6:51 PM

Rupee weakens 10 paise against US dollar

In the forex market, the rupee today weakened 10 paise against the US dollar. The domestic currency closed at 79 rupees and 56 paise against the American Unit.  The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, rose 0.46 per cent to...

September 1, 2022 6:50 PM

US stocks end on fourth straight daily monthly decline

US stocks ended the month with their fourth straight daily decline yesterday. The US share indices witnessed weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist. The Dow Jones Industrial Average index lost 0.9 per cent, the S&amp...

September 1, 2022 6:49 PM

Gold prices fall by Rs 290, Silver declines by Rs 835

Gold prices today fell 290 rupees at Multi Commodity Exchange for October contracts. The precious metal was trading at 50,125 rupees per 10 grams. Silver prices also declined 835 rupees to 51,725 rupees per kilogram for September Contracts when reports last came in. In the New York Mercantile Exchan...

September 1, 2022 1:49 PM

GST collection rises 28 per cent in August to Rs 1.43 lakh crore

The GST collection has increased by 28 per cent to 1.43 lakh crore rupees in August this year. It was over 1.12 lakh crore rupees in the same month last year. In a statement, Finance Ministry said, out of the total collection in August this year, CGST is  over  24 thousand crore rupees, SGST is arou...

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