Rupee slides for fifth straight session

The rupee weakened for the fifth straight session against the dollar, today, and the domestic stock markets also ended lower. At the forex market, the rupee depreciated 17 paise, to a 39-month closing low of 68.73 against the dollar. During the session, the rupee had slipped to an all-time intra-day...

FDI goes up 60% after launch of "Make in India" campaign

Foreign Direct Investment in the country has gone up by 60 per cent to 77.86 billion dollar after the launch of Make in India campaign.In a written reply in the Lok Sabha today, Commerce Minister Nirmala Sitharaman said that after the launch of this initiative, there has been an unprecedented increa...

Govt approves FDI proposals amounting Rs 93 crore<br/>

Government has approved Foreign direct Investment proposals amounting to 93 crore rupees. The decision to this effect was taken on the basis of recommendation of Foreign Investment Promotion Board. The Foreign direct Investment proposals pertain to pharmaceuticals and publication.

Sensex declines 192 points; Nifty 68 points

Snapping two days of gains, the Sensex at the Bombay Stock Exchange declined 192 points, or 0.7 percent, to close at 25,860, today. The Nifty at the National Stock Exchange dropped 68 points, to 7,966.

Govt slaps safeguard duty on certain steel imports

Government has slapped safeguard duty on import of certain steel products like hot rolled flat sheets and plates of alloy or non-alloy steel to protect domestic manufacturers from cheap in-bound shipments. A Revenue Department notification said, the effective duty rate would be calculated after dedu...

Coal India Limited chalks out strategy to enhance production by 2020

Coal production has risen from 565 million tonnes in 2013-14 to 639 million tonnes in 2015-16, Coal Minister Piyush Goyal said in a tweet today, adding that it has brought down coal imports by nine per cent to 199.88 million tonnes this year.A roadmap has been prepared by Coal India Limited to subst...

West Bengal: Recalibration of ATMs to take 10 more days

IBBI notifies three sets of regulations under Bankruptcy Code

Advocates, chartered accountants company secretaries and cost accountants can serve as insolvency professionals subject to certain conditions, besides certain classes of not-for-profit companies that can act as insolvency professional agencies. Regulations have been notified in this regard, under th...

IBBI notifies three sets of regulations under Bankruptcy Code

Advocates, chartered accountants company secretaries and cost accountants can serve as insolvency professionals subject to certain conditions, besides certain classes of not-for-profit companies that can act as insolvency professional agencies. Regulations have been notified in this regard, under th...

West Bengal: Recalibration of ATMs to take 10 more days