New Delhi (IANS) The contraction rate of India’s wholesale price inflation sharply narrowed down in June on a sequential basis, official data showed on Tuesday. Accordingly, the index numbers of wholesale price showed the inflation rate of June at (-) 1.81 … read more
Mumbai (IANS) The Indian rupee has been caught in a flux of higher FDI inflows and swelling foreign exchange reserves, thereby restricting its future movement around the Rs 75 per US dollar mark. Analysts opined that the rupee is caught between … read more
New Delhi (IANS) The Enforcement Directorate (ED) has attached Rs 2,203 crore assets of Yes Bank founder Rana Kapoor, his family, Dewan Housing Finance (DHFL) promoters and others under the Prevention of Money Laundering Act (PMLA) in the Rs 3,700 crore … read more
New Delhi (IANS) The Central Board of Direct Taxes (CBDT) has notified changes in the Income Tax Act that expands the definition of the infrastructure sector and extends tax exemption to sovereign wealth funds on their investments in India. As per … read more
New Delhi (IANS) The downturn in the oil market is beginning to impact those who had a fair share in keeping it oversupplied and prices suppressed. The US shale oil producers are beginning to feel the pain of lower oil prices … read more
Jaipur (IANS) The hospitality industry in Rajasthan is seeing a silver lining with properties in Jaipur and Udaipur receiving booking queries from domestic and international travellers which had stopped under the lockdown imposed nationally in the wake of the Covid-19 pandemic. … read more
Mumbai/New Delhi (IANS) There is more controversy around absconder Mehul Choksi’s companies Gitanjali Gems Limited (GGL), Nakshatra World Limited (NWL) and Nakshatra Brands Limited (NBL), as now the insolvency professional (IP), Vijay Kumar Garg, has been penalised for “attempt to siphon … read more
Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 34,029.14 points and touched a high of 34,205.07 points. The Sensex touched a low of 34,014.53 points. On Tuesday the … read more
New Delhi, April 16 (IANS) An unprecedented 70 per cent of retailers in the country anticipate that their business will recover in more than six months, while 20 per cent expect it to take more than a year, a survey conducted … read more
New Delhi, April 15 (IANS) All domestic and international flights of passengers, their movement by trains, metro and bus services except security purposes will continue to remain prohibited under new lockdown measures. To mitigate hardship to the public, select additional activities … read more