Business

October 12, 2018 10:46 AM

Rupee strengthens 38 paise against US dollar

Continuing its recovery, the rupee strengthened 38 paise to 73.74 against the US dollar in early trade today in the forex market after global crude prices eased. The rupee after hitting a record low of 74.50 yesterday recovered 9 paise to end at 74.12 against the dollar.  The BSE benchmark Sensex re...

October 11, 2018 5:21 PM

Chinese Stock markets plunge to lowest levels in four years

In China, stock markets today plunged to their lowest levels in four years  following a global rout, with shares in around 1,000 firms falling to their daily limit of 10 per cent. Shanghai fell 142.38 points, marking the lowest level since November 2014. The Shenzhen Composite Index, plummeted 89.15...

October 11, 2018 6:37 AM

Govt cuts excise duty on jet fuel to 11 pc from current 14 pc

The government today cut excise duty on jet fuel to 11 per cent from current 14 per cent in a bid to give relief to the aviation industry that has been hit hard by high fuel prices.  A notification issued by the Revenue Department of the Finance Ministry said the excise duty on aviation turbine fuel...

October 9, 2018 7:26 PM

Over 2 lakh metric tonnes of paddy procured till Oct 8

In Punjab, the Government agencies and private millers have procured 2,01,593.5 metric tonnes of Paddy till October 8th. An official spokesman of the Government of Punjab informed that out of the total procurement of 2,01,593.5 MT of paddy from various procurement centers in the State, the Governmen...

October 9, 2018 1:36 PM

IMF study says gender diversity is likely to be boost productivity growth

IMF study says gender diversity is likely to boost productivity growth including in countries like India. The Research Paper said the women bring new skills to the workplace. In the paper, IMF said the progress has been made in increasing female labour force participation in the past two decades  Th...

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