Business

November 7, 2017 5:58 AM

Only 83 per cent effective currency in circulation today: Finance ministry

The Finance Ministry has said, demonetisation has helped in flushing out black money, eliminating fake notes and reducing cash in circulation. In a tweet, the Ministry yesterday said, the total currency in circulation has come down to almost 15 lakh crore rupees as of 4th August from around 18 lakh ...

November 6, 2017 9:41 PM

Sensex gains 46 points; Nifty loses barely one point

The Sensex at the Bombay Stock Exchange gained 46 points, or 0(point)1 percent, to once more hit a fresh record closing high of 33,731, today. The Nifty at the National Stock Exchange lost barely one point, to 10,452.

November 6, 2017 2:06 PM

Sensex up by 125 points; rupee down by 13 paise

At the stock markets, both the Sensex and the Nifty rose to fresh all-time intra-day peaks, today. So the Sensex at the Bombay Stock Exchange hit an intra-day record high of 33,815, and had later gained 125 points, to 33,811, a short while ago. The Nifty at the National Stock Exchange had climbed 26...

November 6, 2017 12:17 PM

Sensex down by 9 points to 33,676

The benchmark Sensex was trading flat in late morning deals. The Sensex fell by 9 points to 33,676 when report last came in. Earlier, it opened down by 97 points to 33,588 in morning deals. The broader NSE Nifty was also trading flat, marginally lower by 9 points to 10,443.Meanwhile, the rupee dropp...

November 6, 2017 10:37 AM

GSTN eases process for exporters to claim refunds

The Goods and Services Tax Network (GSTN) has said that it has introduced a utility Table 6A in the Form GSTR-1 used by exporters to claim refunds. In a statement yesterday, it said Table 6A of Form GSTR1 has been introduced on the GST portal.Table 6A of Form GSTR1 allows taxpayers to file export re...

November 6, 2017 10:35 AM

Rupee down by 14 paise to 64.69 against dollar <br/>

The rupee dropped by 14 paise to 64.69 against the dollar at the interbank forex market today amid fresh foreign fund outflows. Traders said fresh demand for the US currency from importers and a lower opening of the domestic equity market weighed on the rupee.Meanwhile, the benchmark BSE Sensex fell...

November 6, 2017 9:10 AM

GSTN eases process for exporters to claim refunds

The Goods and Services Tax Network (GSTN) has said that it has introduced a utility Table 6A in the Form GSTR-1 used by exporters to claim refunds. In a statement yesterday, it said Table 6A of Form GSTR1 has been introduced on the GST portal.Table 6A of Form GSTR1 allows taxpayers to file export re...

November 6, 2017 8:27 AM

GSTN eases process for exporters to claim refunds <br/>

The Goods and Services Tax Network (GSTN) has said that it has introduced a utility Table 6A in the Form GSTR-1 used by exporters to claim refunds. In a statement yesterday, it said Table 6A of Form GSTR1 has been introduced on the GST portal.Table 6A of Form GSTR1 allows taxpayers to file export re...

November 5, 2017 8:22 AM

IPPB Bank to become operational in 650 districts by April 2018

The government today said India Post Payments Bank will become operational in all 650 districts of the country by April next year. They will facilitate financial inclusion. In reply to a question, Minister of Communications Manoj Sinha said in New Delhi that these banks will be linked to 1.55 lakh r...

November 4, 2017 11:02 AM

Sovereign Gold Bond rate fixed at 2,934 rupees per gram

The price of the new series of Sovereign Gold Bonds (SGBs), opening for purchase on Monday, has been fixed at 2,934 rupees per gram. The government, in consultation with the Reserve Bank, has decided to offer a discount of 50 rupees per gram to investors applying online and making payments digitally...

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