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September 25, 2018 8:50 AM
India is approaching towards USD 100 billion FDI inflow per annum by 2022 as volumes of foreign direct investment are increasing year after year. PHD Chamber of Commerce and Industry Vice President D K Aggarwal said in New delhi today that the annual FDI inflows in the country increased from USD 36 ...
September 24, 2018 11:47 AM
TheBSE Sensex dropped over 200 points in early trade today amid weak Asian cuesand surging global crude oil prices.The 30-share index, fell by 210 points, to36,631 in early trade. The NSE Nifty declined by 65 points to 11,078. The rupeedepreciated 29 paise to 72 rupees 49 paise against the US dollar...
September 23, 2018 8:30 AM
Securities and Exchange Board of India, SEBI has issued revised Know Your client (KYC) norms, providing relief to foreign portfolio investors, FPI. Under new norms residents as well as non-resident Indians have been permitted to hold a non-controlling stake in such entities. There will also be no ...
September 22, 2018 9:14 AM
Union Revenue Secretary Hasmukh Adhia said the centre has decided to extend SMS facility for filing nil returns by dealers registered under the Goods and Services Tax (GST) regime in the event of no tax liability. He said a group of Ministers is also looking into further simplification of tax compl...
September 21, 2018 5:33 PM
The Sensex at the Bombay Stock Exchange witnessed a lot of volatility today and the BSE closed 280 points below at 36,842 mark. Earlier in the morning trade, Sensex rose 368 points to ouch the day's high of 37,489. But it turned weak in the afternoon trade and crashed 1128 points to hit th...
September 21, 2018 1:56 PM
World Bank Board has endorsed an ambitious five-year Country Partnership Framework (CPF) for India, which aligns with New Delhi's objectives of high, sustainable and inclusive growth. The move is aimed at supporting India's transition to a higher middle-income country by addressing...
September 21, 2018 9:54 AM
Tourist footfalls from the US to India in 2017 have increased by over six per cent as compared to previous year. The Ministry of Tourism in a statement in New Delhi today said foreign tourist arrivals (FTAs) in India from the USA during the year 2017 have registered a positive growth of 6.17 per c...
September 21, 2018 6:32 AM
International Monetary Fund (IMF) has warned that worsening trade tensions and exchange of tariffs could cause significant economic cost to the global economy. IMF spokesman Gerry Rice told reporters in Washington today that the global lender is still assessing the impact of the duties imposed so f...
September 20, 2018 2:28 PM
Leading stock exchanges BSE and NSE will conduct mock trading in commodity derivatives segments on Saturday in order to familiarise brokers with the trading systems. The exchanges received the approval of Securities and Exchange Board of India yesterday to launch the segments, starting with non-a...
September 18, 2018 5:40 PM
The Organization of the Petroleum Exporting Countries, OPEC today said, Iran remains a very important member of the oil cartel as Tehran braces for a new round of US sanctions, partially targeting its crude exports. The Chief of OPEC, Mohammad Barkindo said that Iran is a very important member of t...
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