India’s foreign exchange reserves rise for 7th straight week to reach 22-month high of 623.20 billion dollars
India’s foreign exchange reserves rose for seventh straight week to reach 22-month high of 623.20 billion dollars for the week ending on December 29, ...
India Expects GDP Growth of 7.3% in FY24
New Delhi: The government on Friday said that India’s economy or gross domestic product (GDP) is expected to grow by 7.3 per cent in the current fisca...
Thai Air Asia to Launch Bangkok-Vizag Flight
Visakhapatnam: Thai Air Asia is gearing up to introduce a new international flight service between Bangkok and Vizag starting from April 9, 2024, pend...
Skoda sells over 1 lakh cars in two years
Pune: Czech auto brand Skoda on Thursday said it has sold over 1,00,000 cars over the last two years in the fiercely competitive car market in India d...
IndiGo removes fuel charge on tickets
New Delhi: IndiGo on Thursday said it has stopped collecting fuel charge on tickets, nearly three months after introducing the levy in the wake of a s...
Akasa Air inducts two Boeing 737 MAX 8 aircraft, fleet rises to 22
New Delhi: Budget airline Akasa Air has inducted two Boeing 737 MAX 8 aircraft, reaching a fleet size of 22 aircraft within 17 months of commencing op...
RBI releases draft circular proposing new rules of dividend payout for domestic and overseas banks operating in India
The Reserve Bank of India (RBI) on Tuesday released a draft circular proposing new rules of dividend payout for domestic and overseas banks operating ...
Oil Prices Surge 2% on Supply Disruption Fears, Chinese Demand Optimism
Yesterday, oil prices surged over two percent driven by concerns over potential supply disruptions in the West Asia following the recent attack on a c...
Gold Rises in February Contracts, Silver Up in March Contracts
Yesterday, gold was trading up at the Multi Commodity Exchange for February contracts. The precious metal was up 139 rupees to trade at 63,459 rupees ...
Zomato hikes platform fee to Rs 4 across key cities
New Delhi: Buoyed by record food orders on New Year’s Eve, food delivery platform Zomato increased its mandatory platform fee to Rs 4 from Rs 3 per or...
GST collections rise 10% to Rs 1.64 lakh crore in December
The gross Goods and Services Tax, GST revenue collection in the month of December, 2023 stood at one lakh 64 thousand and 882 crore rupees. The revenu...
Record 8.18 crore Income Tax Returns filed so far in current financial year
A record eight crore 18 lakh Income Tax Returns, ITRs were filed in the current financial year till Sunday. This is nine per cent more than the total ...
Govt extends tenure of PLI scheme for Automobile industry by a year with partial amendments
The government has extended the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendme...
Coal Sector achieves 10.9% growth in December 2023
Coal Sector has achieved 10.9 percent growth in December, 2023 due to a substantial surge in coal production. According to the Coal Ministry, the coal...
RBI Says Rs 9330 Crore of 2000 Notes Yet to Return
The Reserve Bank of India (RBI) on Monday said that banks have received 97.38 per cent of the Rs 2,000 denomination banknotes in circulation and only ...
Bajaj Auto Dec sales rise 16 pc to 3,26,806 units
New Delhi: Bajaj Auto on Monday reported a 16 per cent rise in total sales at 3,26,806 units in December 2023.The company had sold a total of 2,81,514...
Centre constitutes 16th Finance Commission with Dr Arvind Panagariya as its Chairman
The Centre has constituted the Sixteenth Finance Commission. Former NITI Aayog Vice Chairman, Dr Arvind Panagariya who is a Professor at C...
GST evasion of Rs 18.55 cr unearthed
The commercial taxes department has unearthed an alleged case of evasion of `18.55 crore GST by Sri Kavya Mining Infrastructures Private Limited, whos...
India will become USD 5 trillion economy in 2-2.5 years: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal has said that in the next two and a half years, India will become a USD 5 trillion economy whil...
RBI imposes monetary penalty of Rs 2 lakh on Sardargunj Mercantile Co-operative Bank
Mumbai: The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co...
Coal production in country has shot up to over 664 million tonnes in financial year 2023
The coal production in the country has shot up to over 664 million tonnes during the current financial year which is a robust 12.29 percent increase o...
Oil Marketing Stocks Rally as Crude Prices Dip Below 80
A slide in crude prices to below 80 dollar a barrel triggered up to 9 percent rally in the stocks of oil marketing companies (OMC) on December 28 as l...
Government issues notice to nine offshore cryptocurrency platforms for non-compliance under Prevention of Money Laundering Act
The Financial Intelligence Unit India (FIU IND) has issued compliance show cause notices to nine offshore Virtual Digital Assets Service Providers (VD...
MSP for Copra for 2024 season hiked
The Cabinet Committee on Economic Affairs CCEA has approved the Minimum Support Price - MSP for Copra for the 2024 season. Briefing media in New Delhi...
Oil prices declined over half a percent as investors monitor Red Sea developments through trade route
Oil prices declined over half a percent yesterday as investors monitored Red Sea developments, with some major shippers resuming passage through the t...
RBI Releases Draft Licensing Framework for Authorised Persons Under FEMA
The Reserve Bank of India (RBI) yesterday released a draft 'Licensing Framework for Authorised Persons (APs)' under Foreign Exchange Management Act (F...
Gold Up at MCX, Silver Futures Also Show Increase
Yesterday, gold was trading up at the Multi Commodity Exchange for February contracts. The precious metal was up 195 rupees to trade at 63,149 rupees ...
CBDT notifies Income Tax Return forms 1 and 4, meant for assessment year 2024-25
The Central Board of Direct Taxes (CBDT) has notified on Saturday Income Tax Return (ITR) forms 1 and 4, meant for the assessment year 2024-25.The for...
Oil prices rise one percent due to prevailing geopolitical tensions after Houthi attacks on ships in Red Sea
Oil prices rose about one percent yesterday due to prevailing geopolitical tensions after Houthi attacks on ships in the Red Sea.In intra-day trade, B...
India to be fastest growing economy in FY25 says Fitch ratings
Mumbai: Fitch Ratings expects India to be among the world's fastest-growing countries, with resilient GDP growth of 6.5 per cent in 2024-25. For the c...
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