Business
Today, more than 400 jewellery associations across the country will observes one-day strike to protest against government norms that make it mandatory to quote PAN for any transactions of Rs 2 lakhs and above. “We are forced to call the strike on Wednesday for the government’s decision to impose PAN card for purchases above Rs […]
Today in Ahmedabad, Gujarat Chief Minister Anandiben Patel chaired a meeting of MSME Advisory Board to discuss and deliberate ways to boost MSME sector in Gujarat. With an aim to provide one-stop assistance to the entrepreneurs, MSME Facilitation Desks have been setup in Rajkot,Surat, Vadodara and Ahmedabad. Furthering ease of doing business to MSMEs, GPCB has […]
The benchmark BSE Sensex rallied about 154 points to 24,623.56 in early session on Friday on fresh buying push from investors as the February derivatives series was off to a solid start amid positive Asian cues. The 30-share Sensex, which lost 22.82 points in the previous choppy session, recouped 153.99 points, or 0.62 per cent, […]
The rupee recovered 26 paise to 67.97 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters. Besides, dollar’s weakness against other currencies overseas and a rebound in domestic equity market in early hours supported the rupee, forex dealers said. The local […]
Today Union Urban Development Minister Venkaiah Naidu announced on selection of 20 cities Smart City scheme for first year funding. The 20 cities of first phase are as follows: Bhubneswar Pune Jaipur Surat Kochi Ahmedabad Jabalpur Vishakhapattanam Solapur Dhavangiri Indore New Delhi Municipal Corporation(NDMC) Coimbatore Kakinada Udaipur Guwahati Ludhiana Bhopal Chennai and Belgavi. Surat and […]
Extending losses for the third session, the rupee weakened another 14 paise to a fresh 29-month low of 68.19 against the dollar in early trade on Thursday following month-end demand from importers and banks amid a strengthening American currency overseas. Forex dealers said increased demand for the dollar and a lower opening in the domestic […]
Gold prices again zoomed past the Rs 27,000-level by surging Rs 380 to close at a three-month high of Rs 27,130 per 10 grams at the bullion market on Wednesday, tracking a firm trend overseas and increased buying by jewellers to meet the ongoing wedding season demand. Moreover, a weaker rupee against the dollar that […]
Market benchmark BSE Sensex recaptured the 24,000-mark by adding over 240 points in early trade today, tracking gains at other Asian markets. Moreover, recovery in the rupee and value-buying in recently battered bluechip stocks influenced sentiments. The rupee firmed up by 24 paise to trade at 67.78 against the dollar in early trade at the […]
The benchmark BSE Sensex was trading lower by about 73 points in early volatile trade on sustained capital outflows by foreign funds and selling by retail investors on muted corporate earnings amid weak Asian cues. The 30-share index declined 72.97 points or 0.30 per cent to 24,382.07 after rising to 24,524.85. The gauge has lost […]
Reserve Bank of India governor Raghuram Rajan has suggested Australian firms to invest in the lucrative Indian market stating that India’s contribution to global growth would get “bigger and bigger from here”. Rajan was talking on a wide range of issues when he asked Australian investors to tap the Indian market now. “If anybody was […]
