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Gold prices crossed Rs 38,000 mark for first time

August 8, 2019 6:14 PM

Gold prices crossed Rs 38,000 mark for first time

Gold prices today crossed the 38,000 rupees mark for the first time by soaring 550 rupees to hit a fresh high of 38,470 rupees per 10 gram in Delhi bullion market. The precious mettle surged as investors continued to prefer it as a safe-haven asset amid the ongoing US-China trade tensions and over d...

RBI announces NEFT facility will be available round-the-clock for customers

August 7, 2019 2:26 PM

RBI announces NEFT facility will be available round-the-clock for customers

The Reserve Bank of India today announced that the National Electronic Funds Transfer(NEFT) facility will be available round-the-clock for the customers.  Speaking at a press conference after the release of the third bi-monthly policy statement, RBI Governor Shaktikanta Das said the RBI will make av...

RBI imposes penalty on seven public sector banks for violating norms

August 3, 2019 10:22 PM

RBI imposes penalty on seven public sector banks for violating norms

Reserve Bank of India has imposed a penalty ranging between one to two crore rupees on seven public sector banks for violating norms on fraud classification, bill discounting and monitoring of end use of funds. The central bank said in a press release that Bank of Baroda, Bank of India, Indian Overs...

GST revenue collection stands at Rs 1,02,083 crore in July

August 2, 2019 2:26 PM

GST revenue collection stands at Rs 1,02,083 crore in July

The total gross revenue collected under Goods and Services Tax, GST in the month of July, 2019 was 1,02,083 crore rupees.  It consisted of Central GST component of 17,912 crore rupees and State GST  25,008 crore rupees along with the Integrated GST revenue which was 50,612 crore rupees and Cess coll...

KABIL set up to ensure supply of critical Minerals to Indian domestic market

August 1, 2019 6:17 PM

KABIL set up to ensure supply of critical Minerals to Indian domestic market

A joint venture company Khanij Bidesh India limited, KABIL has been set up with the participation of three Central Public Sector Enterprises, CPSEs to ensure supply of critical Minerals to Indian domestic market. These CPSEs are National Aluminium Company Limited, Hindustan Copper Limited and Minera...

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