India’s services PMI eases to 60.1 in August from 62.3 in July
New Delhi :India’s services activities continued their growth momentum in August 2023 on the back of record new export business, but the pace moderated marginally compared to the previous month. According to a S&P Global survey published on Tuesday, India’s purchasing managers’ index (PMI) eased to 60.1 in August 2023 from 62.3 in July. A […]
Nita Ambani steps down from RIL board; Isha, Akash and Anant named non-executive directors
Mumbai: The Board of Directors of Reliance Industries Ltd (RIL) on Monday recommended to the shareholders for approval of appointment of Isha Ambani, Akash Ambani and Anant Ambani as non-executive directors of the company. “Isha Ambani, Akash Ambani and Anant Ambani have been closely involved with and are leading and managing key businesses of RIL […]
Rupee gains 25 paise against USD
Mumbai: The rupee continued to surge on Thursday too, as it rallied 25 paise at 82.46 against USD in opening trade on brisk selling of US dollars by bankers and exporters, dealers at Foreign Exchange said. The local unit remained robust against other world currencies amid a strong opening in the stock market. The rupee […]
Rupee opens flat at 82.86 against USD
Mumbai: The Rupee on Thursday was steady at 82.86 against the USD in opening trade on the selling of the US Dollar by bankers and exporters in opening trade, dealers at Foreign Exchange said. The local unit gained against other world currencies amid a negative opening in the stock market. The Rupee recorded intraday highs […]
Rupee falls 5 paise against USD
Mumbai, Aug 4 :The Rupee on Friday declined five paise to 82.77 against the US Dollar on rising demand for the US Dollar by bankers and importers in opening trade, dealers at Foreign Exchange said. The local unit remained weak against other world currencies despite a positive opening in the stock market. The Rupee recorded […]
Income Tax Dept sent 1 lakh notices for underreporting, non-filing of returns: FM Nirmala Sitharaman
New Delhi, July 25:Union Finance Minister Nirmala Sitharaman has said that the Income Tax Department has sent about one lakh notices to individuals for non-filing of returns or understating incomes in the past years. “This year we heard a lot of people saying notices have come to us and what’s happening? Why are so many […]
Rupee opens strong at 81.71 12 against USD
Mumbai, July 25 :Rupee on Tuesday surged 12 paise at 81.71 against the US Dollar in the opening session on the selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said. The local unit rallied against other world currencies amid a positive opening in the equity market. The Rupee recorded intra days […]
Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
New Delhi, July 24: The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23. Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees’ provident fund (EPF) deposits to 8.15 per cent for […]
Rupee falls marginally by one paisa against USD
Mumbai, July 24 :Rupee on Monday marginally declined by one paisa at 81.97 against the US Dollar in the opening session on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said. The local unit eased against other world currencies amid a positive opening in the equity market. The Rupee recorded […]
Rupee rises 3 paise against USD
Mumbai, July 18 :Rupee on Tuesday marginally gained by three paise at 82.01 against the US Dollar in the opening session on selling of the US Dollar by bankers and exporters, dealers at Foreign Exchange said. The local unit remained positive against other world currencies amid a strong opening in the equity market. The Rupee […]