Economy

India's foreign exchange reserves have swelled by 3.108 billion dollars to reach a fresh all-time high of 516.362 billion dollars in the week ended 10th July 2020. Foreign currency…

Finance Minister Nirmala Sitharaman has said that the Partial Credit Guarantee Scheme, PCGS was revamped under the Aatmanirbhar Bharat Package to support the liability side of Non Banking…

State-owned Union Bank of India has announced reduction in its marginal cost of funds-based lending rate - MCLR by 20 basis points across tenors. The new rates will be applicable from…

Union Government has released 6,195.08 crore rupees to 14 states as the fourth equated monthly installment of the Post-Devolution Revenue Deficit Grant (PDRDG) as recommended by 15th…

The Government and the World Bank have signed a 750 million US dollar agreement for the MSME Emergency Response Programme. It aims at supporting increased flow of finance to…

Steel Authority of India (SAIL) has achieved the highest ever June month sales during June 2020. The domestic and export sales stood at 12.77 lakh tonnes which is a jump of more than 18…

Mumbai: Key domestic indices logged gains of more than two percent for the third straight week ended yesterday. In steady trade this week, stocks rose in sync with global markets. Global…

Mumbai: The Indian Rupee on Thursday gained 7 paise and setteled at 75 rupees and 51 paise against the US dollar. Forex traders said, rupee traded in a narrow…

Mumbai: Benchmark stocks on Thursday gained more than one percent for second day in a row amid positive global cues. Sensex at Bombay Stock Exchange climbed 429 points, or 1.21…

In a major relief to the Goods and Service Tax taxpayers, maximum late fee for form GSTR-3B capped at five hundred rupees. This will be applicable for tax period from July, 2017 to July,…