India foreign exchange reserves increases by USD 63.7 million

India's foreign exchange reserves increased by USD 63.7 million to USD 362.79 billion in the week ended 24th February 2017. A RBI press release has informed that foreign currency assets, a major part of the overall reserves increased by 63.4 million to USD 339.783 billion. In the previous w...

BSE sets up new corporate announcement filing system<br/>

Bombay Stock Exchange has set up a new Corporate Announcement Filing System - CAFS to provide timely and accurate information on listed companies. In a press release issued from Mumbai today, BSE has said that the move will enable seamless dissemination of corporate announcements without pre-verific...

India to lead world in smart phone adoption

India will lead the world in smart phone adoption with a net addition of 350 million connections in 2016-20.A GSM Association report released in Barcelona says, the estimates are based on the GSMA Intelligence Consumer Survey 2016 conducted across 56 countries on the mobile usage trend. Smart phones...

GST Council to meet tomorrow to finalise supplementary legislations

The GST Council will meet tomorrow to finalise supplementary legislations during the second part of budget session of parliament, which will resume next week, so that the new regime is rolled out from 1st of July. This will be the 11th meeting of the Council, which comprises the Union finance Minist...

India to lead world in smart phone adoption

India will lead the world in smart phone adoption with a net addition of 350 million connections in 2016-20.A GSM Association report released in Barcelona says, the estimates are based on the GSMA Intelligence Consumer Survey 2016 conducted across 56 countries on the mobile usage trend. Smart phones...

GST Council to meet tomorrow to finalise supplementary legislations

The GST Council will meet tomorrow to finalise supplementary legislations during the second part of budget session of parliament, which will resume next week, so that the new regime is rolled out from 1st of July. This will be the 11th meeting of the Council, which comprises the Union finance Minist...

RBI asks banks to organize special camps to educate public about digital payments

Asian markets end mixed

Key Asian markets ended mixed, today, as investors reflected on President Donald Trump&apos;s less combative tone in his first speech to Congress, while growing bets on a U.S. rate hike this month buoyed the dollar. So Japan&apos;s Nikkei-225 index gained 0.9 percent; Singapore&apos;s St...

Oil down on record US crude stocks, flat Russian output

Global crude oil prices fell, today, after U.S. crude stocks hit an all-time high, and official data showed Russian oil production unchanged in February. So Brent crude oil futures fell 50 cents, to 55.86 dollars a barrel. U.S. crude fell 45 cents, to 53.38 dollars a barrel. Crude inventories in the...

Gold prices remain unchanged

Gold prices remained unchanged, at 30,000 rupees per ten grams at Delhi&apos;s bullion market, today. Silver rose 200 rupees, to 44,050 rupees per kilo, on pick-up in demand from industrial units. Silver coins remained flat, at 74,000 rupees for buying 100 pieces.Globally, gold fell 0.2 per cent...