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How the Indian Rupee fared in the last six days. | Photo Credit: PTI The rupee stayed range-bound and settled 2 paise higher at 83.26 against the U.S. dollar on Thursday as the American currency retreated from its elevated levels after the U.S. Federal Reserve was a bit dovish in its policy meeting. Forex traders…
Read More “Rupee settles 2 paise higher at 83.26 against U.S. dollar” »
Apple’s security alert was delivered on Monday night to top leaders in the Congress and other Opposition outfits, as well as some journalists and civil society members. File | Photo Credit: Reuters As Opposition leaders intensified allegations of government snooping after receiving alerts from the tech firm Apple that a “state-sponsored attacker” may be targeting…
Read More “As Apple alert to Opposition leaders is investigated, clarity remains out of reach” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 9 paise to 83.19 against the U.S. dollar in early trade on November 2, tracking its Asian peers as risk-on sentiments prevailed in the market as the U.S. Fed was a bit dovish in its policy meeting. A weak U.S. dollar…
Read More “Rupee rises 9 paise to 83.19 against U.S. dollar in early trade” »
For the first time in eight years, India’s rice output is expected to drop this year, raising the prospect that Prime Minister Narendra Modi’s government will extend curbs on exports of the grain to keep a lid on food prices ahead of elections. Production in India, the world’s largest rice exporter, is under unusually intense…
Read More “India’s smaller rice crop paves way for prolonged export curbs” »
A file photo used for representational purpose only. | Photo Credit: Reuters Equity benchmark indices rebounded nearly 1% in early trade on November 2 after a two-day decline, following a rally in global markets amid the U.S. Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty…
Read More “Markets jump in early trade after two days of fall” »
Passenger vehicle wholesales in India rose to a record high in October as companies pushed dispatches to dealers to cater to the enhanced demand in the festive season. The overall passenger vehicle wholesales in October rose to 3,91,472 units, up 16 per cent from 3,36,679 units in the same month last year. Last month witnessed…
Read More “Riding on festive demand, passenger vehicle sales soar to record high in October” »
Income Tax Return (ITR) filings for this assessment year crossed a record 7.65 crore by October 31, about 11.7% higher than the 6.85 crore returns filed by November 7 last year, the Income Tax Department said on Wednesday. | Photo Credit: Twitter/@IncomeTaxIndia Income Tax Return (ITR) filings for this assessment year crossed a record…
Read More “IT return filings climb to record at 7.65 crore ” »
Wheels India Managing Director Srivats Ram expect to see export growth in the full year, despite slowdown in Europe. On the domestic front, WIL expect to see growth in the commercial vehicles and and air suspension markets. | Photo Credit: Special Arrangement Wheels India Ltd. (WIL) standalone net profit for the September quarter contracted by…
Image used for representative purpose onluy. | Photo Credit: AFP Companies in India are expected to give a salary raise of 9.8% in 2024, slightly lower than the actual salary increase of 10% in 2023, as companies across industries are still closely monitoring their cost structures, says a survey. According to Willis Tower Watson’s latest…
Read More “Companies in India likely to give 9.8% salary raise in 2024, highest in APAC: Report” »
RWAs liable to pay 18% GST on electricity bills if flat owners charged more than tariff by discoms New Delhi: Real estate developers and RWAs will be liable to pay 18 per cent GST on electricity bills if they charge from flat owners more than the power tariff prescribed by Discoms. The Central Board of…
Read More “RWAs Liable To Pay GST For Over-Charging Electricity Tariff From Flat Owners” »
