Business

July 7, 2018 8:01 AM

Commerce Secy chairs first meet of task force on e-commerce policy

Commerce Secretary Rita Teaotia chaired the first meeting of the task force on e-commerce in New Delhi yesterday.  The task force has been set up to recommend a framework for comprehensive national policy on e-commerce.   The meeting was held to take inputs for the proposed policy framework for the ...

July 6, 2018 10:30 AM

Rupee falls 8 paise against US dollar in opening trade

The rupee fell 8 paise to trade at 69 rupees 03 paise against the US dollar in early trade today. Yesterday, the rupee had tumbled 21 paise to fresh closing low of 68 rupees 95 paise. Meanwhile, the benchmark Sensex was up by 80 points to 35,654. Nifty is also up by 23 points at 10772 points a short...

July 5, 2018 1:52 PM

Domestic Stock markets volatile amid weak global cues

Domestic Stock markets are volatile amid weak global cues. Investors were cautious ahead of a deadline when tariffs from the US and China are due to be enforced. The BSE Sensex, lost 26 points at 35,619. The Nifty slipped just nine points at 10,761 in the late afternoon trade. The rupee at forex mar...

July 3, 2018 1:36 PM

BSE to delist 222 companies from tomorrow

Bombay Stock Exchange will delist as many as 222 companies from tomorrow as trading in their shares has remained suspended for over six months.  The move comes at a time when authorities are clamping down on shell companies listed as well as unlisted for being allegedly used as conduits for illicit ...

July 3, 2018 11:45 AM

Sunil Mehta Panel on NPAs submits its report with recommendations to FM

The Sunil Mehta committee which was formed with a view to tackle Non-Performing Assets (NPAs) and creating credit capacity submitted its report with recommendations to Finance Minister Piyush Goyal on Monday. Briefing reporters in New Delhi, Mr Goyal said, the Sunil Mehta panel presented project &am...

June 29, 2018 11:10 AM

Rupee recovers from record low; rises by 18 paise against US dollar

The rupee recovered from its record low by rising 18 paise to 68 rupees 61 paise against the US dollar in early trade today.  The Indian currency had yesterday breached the 69-mark but covered lost ground to finally close at an all-time low of 68rupees 79 paise. Meanwhile, the BSE benchmark Sensex r...

June 28, 2018 7:59 PM

CBI charge sheets 2 ex-CMDs of Canara bank

The CBI has filed a charge sheet against two former chairman cum managing directors of the Canara Bank in connection with alleged loan default of 146 crore rupees by Jatin Mehta of Winsome Diamonds and has also sought a Red Corner Notice against the jeweller.  Mehta is absconding and believed to hav...

June 21, 2018 5:34 PM

India hikes customs duty on several goods imported from US

India has hiked customs duty on several goods imported from the US. The Finance ministry, in a notification, said that the import duty on chickpeas and Bengal gram has been increased to 60 per cent, while on lentils has been hiked to 30 per cent. The duty on boric acid and binders for foundry moulds...

Most Read

View All arrow-right

No posts found.