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April 12, 2017 6:01 PM
Union Cabinet today approved hike of 300 rupees per quintal in Minimum Support Price of raw jute for 2017-18 season taking it to a level of 3500 rupees. The decision will benefit the jute industry which supports the livelihood of 40 lakh farm families and provides direct employment to 3.7 lakh worke...
April 12, 2017 3:23 PM
India's foreign exchange surged by a whopping 2(point)02 billion US dollars to 369(point)95 billion US dollars in the week that ended on 31st of March 2017. A RBI press release has informed that foreign currency assets, a major part of the overall reserves rose by 2.08 billion US dollars to...
April 12, 2017 3:14 PM
The rupee slipped 18 Paise to 64(point)81 against the US dollar in late morning trade today. yesterday, the rupee had recovered some of the lost ground and advanced by 6 paise to end at 64.50 against the US dollar amid mild selling of the American currency by exporters.The benchmark BSE Sensex rose ...
April 12, 2017 12:21 PM
The rupee slipped 18 Paise to 64.81 against the US dollar in late morning trade today. yesterday, the rupee had recovered some of the lost ground and advanced by 6 paise to end at 64.50 against the US dollar amid mild selling of the American currency by exporters.The benchmark BSE Sensex rose by 50....
April 11, 2017 9:22 PM
Snapping three days of losses, the Sensex at the Bombay Stock Exchange surged 213 points to close at 29,788, today. The Nifty at the National Stock Exchange jumped 56 points, to 9,237.
April 11, 2017 2:09 PM
The Sensex at the Bombay Stock Exchange continued in the green zone since morning, and was trading higher by 187 points at 29,763 a short while ago. The Nifty at the National Stock Exchange was also up by 47 points at 9,228 in afternoon deals. The rupee gained 9 Paise and was trading at 64:47 agains...
April 7, 2017 7:43 PM
India's foreign exchange surged by a whopping 2.02 billion US dollars to 369.95 billion US dollars in the week that ended on 31st of March 2017. A RBI press release has informed that foreign currency assets, a major part of the overall reserves rose by 2.08 billion US dollars to 346.32 bill...
April 7, 2017 5:55 PM
Global crude oil prices hit a one-month high today, after the US fired missiles at a military base in Syria, raising concerns that the conflict could spread in the oil-rich region.Brent crude oil futures rose 68 cents, to 55.57 dollars a barrel, after reaching an intra-day peak of 56.08 dollars a ba...
April 6, 2017 5:21 PM
Reserve Bank of India Governor Urjit Patel today said that farm loan waivers undermine and impact honest credit culture and discipline leading to crowding out of private borrowers. Elaborating, he said loan waivers endanger moral hazard and entails transfer from tax payers. Therefore, there is a nee...
April 6, 2017 1:38 PM
The Income Tax department has clarified that the ban on cash transaction in excess of 2 lakh rupees will not be applicable to withdrawals from banks and post office savings accounts. Through the Finance Act 2017, the government has banned cash transactions of over 2 lakhs and said a penalty of an eq...
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