Business News Updates

According to SEBI chairperson Madhabi Puri Buch, the record valuation of Indian stocks is "an emphatic vote of confidence by foreign portfolio investors (FPI) in India's growth prospects."

Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt of rent by the recipient for the FY 2020-21.

The price of 24-carat gold in Delhi on Monday was hovering around Rs 71,430 per 10 gms while in Mumbai it was around Rs 71,280 per 10 gms

In the previous three years, the INR exhibited the lowest volatility in 2023-24. The relative stability of the INR reflects India’s sound macroeconomic fundamentals, financial stability and improvements in the external position, he added.

The RBI Governor also said that it has been decided to all the distribution of Central Bank Digital Currency (CBDC) through non-bank payment system operators to make CBDC-Retail accessible to a broader segment of users.

RBI Governor Shaktikanta Das said that the decision was made with five of the six members of the Monetary Policy Committee (MPC) favouring no change in the repo rate.

The tech billionaire is finally sending a team of experts to scout for a possible location to set up a $2-$3 billion EV plant in the country.

The ITR-1, ITR-2 and ITR-4, commonly used by taxpayers are available on the e-filing portal from 1st April, 2024 onwards for taxpayers to file their returns.

The experts are also apprehensive of any change (decrease) in rates of the yellow metal anytime soon given that the marriage season is on the cards.

The order, issued by the Directorate General of Foreign Trade (DGFT) late on Tuesday, will be in addition to the 14,400 tonnes of onion that was earlier permitted for export to the UAE on March 1.

In the international market, spot gold was up 0.2 per cent at $2,283.76 per ounce in morning trade after touching an all-time high of $2,288.09 earlier in the session.

Paradip Port Authority has clocked a record 145.38 million metric tonnes (MMT) cargo throughput in FY 2023-24 to nudge past Deendayal Port, Kandla and emerge as the highest cargo handling major port of the country, according to a statement issued by the Ministry of Ports and Shipping And Waterways on Tuesday.

The Finance Ministry on Monday announced the sale of Rs 38,000 crore worth of government bonds through the Reserve Bank of India's new multiple price auction method.

Speaking at the 90th anniversary celebrations of the Reserve Bank of India (RBI), the PM said that the country’s economy has risen in the last few years from the inherited mess of 2014 when the BJP government took office, and is now poised for take-off.

Discover the latest changes in India's regulations with 8 new rules taking effect today. Stay informed on the details you need to know.