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July 15, 2016 9:07 AM
Rising for the third straight month, wholesale inflation climbed to 1.62 per cent in June this year, from 0.79 per cent in May. Inflation rose on the back of costlier food and manufactured items. Wholesale food inflation rose to 8.18 per cent in June, government data showed . Wholesale inflation in ...
July 15, 2016 8:57 AM
In an effort to improve customer service, the RBI has asked banks to exchange up to 20 pieces of soiled currency notes with a maximum value of Rs 5,000 over the counter, free of charge. However, if the number of notes to be exchanged is more than 20, banks can levy service charge. RBI yesterday said...
July 14, 2016 2:00 PM
Rising for the third straight month, wholesale inflation climbed to 1.62 per cent in June this year, from 0.79 per cent in May. Inflation rose on the back of costlier food and manufactured items. Wholesale food inflation rose to 8.18 per cent in June, government data showed today. Wholesale inflatio...
July 14, 2016 1:47 PM
Wholesale price index-based inflation rose for the third straight month in June hitting 1.62 per cent on costlier food and manufactured items.The annual rate of wholesale inflation is way higher than 0.79 per cent in May and (-)2.13 per cent in June last year.The Government data which were released ...
July 14, 2016 1:17 PM
Wholesale inflation has soared to 1.62 per cent in June as against 0.79 per cent in May. According to official data released today, food inflation jumped to 8.18 per cent in June from 7.88 per cent in May as pulses and potato became costlier. The mineral prices were down by 20.75 per cent. Primary a...
July 13, 2016 6:54 PM
Government has allowed state-owned oil companies to raise the price of kerosene by 25 paise a litre each month for 10 months to cut the subsidy burden. On 1st of this month,kerosene price was hiked by 25 paise a litre which is the first increase in rate of the kerosene in five years.Sources said, Pe...
July 13, 2016 2:26 PM
The Income Tax department has widened the ATM-based validation system for filing of online Returns by taxpayers. The department has included Axis Bank to enhance the paperless regime of filing the annual Income Tax returns.In May this year, the department had launched the bank account-based validati...
July 13, 2016 12:02 PM
Wall Street reached another milestone yesterday as the Dow Jones industrial average closed at a record high. Stocks rose as Brexit fears eased, and Japan signaled more economic stimulus.A day earlier, the broader Standard & Poor's 500 had also reached a record-high closing. So the D...
July 12, 2016 9:03 PM
The domestic stock markets rose again, today, as global markets rallied, but the rupee weakened slightly against the dollar. The Sensex at the Bombay Stock Exchange advanced 181 points, or 0.7 percent, to a fresh 11-month closing high of 27,808. The Nifty at the National Stock Exchange rose 53 point...
July 12, 2016 8:02 PM
Retail inflation held almost steady, at 5.77 per cent in June this year. Retail inflation, measured by the Consumer Price Index, had been fractionally lower, at 5.76 per cent in May this year. The Government data showed that overall food inflation rose to 7.79 per cent in June. Retail inflation in v...
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