Business News Updates

Gold prices drop
Gold prices hit record high in Bhubaneswar; experts open up on rising rates

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.

Govt allows additional 10,000 tonnes of onion exports to UAE
India allows additional 10,000 tonnes of onion exports to UAE

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.

  • Wednesday, 03 April 2024
  • India
Gold price in India hit record high of Rs 69,640 per 10 grams; check details
Gold price in India hit record high of Rs 69,640 per 10 grams; check details

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 pips Kandla to become India’s highest cargo handling port
Paradip Port pips Kandla to become India’s highest cargo handling port

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.

Govt to sell bonds worth Rs 38,000 cr via RBI’s multiple price auction method
Govt to sell bonds worth Rs 38,000 cr via RBI’s multiple price auction method

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.

  • Tuesday, 02 April 2024
  • RBI
PM Modi
India must strive to become financially 'Atmanirbhar' over next 10 years: PM Modi

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.

8 new rules come into....
8 new rules come into effect in India from today, April 1; know details

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

  • Monday, 01 April 2024
 Finance Ministry
No new change in Income Tax regime from April 1: Finance Ministry

"It has come to notice that misleading information related to new tax regime is being spread on some social media platforms. It is therefore clarified that: There is no new change which is coming in from April 1, 2024," the Finance Ministry said on Sunday in a post on X.

  • Monday, 01 April 2024
Centre issues order on wheat stock declaration by traders to keep prices in check
Centre issues order on wheat stock declaration by traders to keep prices in check

The stock position will have to be updated every Friday until further orders, the directive said.

2000-notes-bundle-reuters
No exchange of Rs 2000 banknotes on April 1

However, the facility will become operational again on April 2, the RBI said.

  • Thursday, 28 March 2024
  • RBI
Rs 2.25 lakh cr tax revenue transferred to states in 2023-24
Rs 2.25 lakh cr tax revenue transferred to states in 2023-24

Total expenditure incurred by Government of India is Rs 37,47,287 crore (83.4 per cent of corresponding RE 2023-24), out of which Rs 29,41,674 crore is on Revenue Account and Rs 8,05,613 crore is on Capital Account.

Meet Indian women who run momos truck in New Jersey while having full-time tech jobs
Meet Indian women who run momos truck in New Jersey while having full-time tech jobs

Yet, amidst these challenges, Ankita and Impreet find solace in fostering meaningful connections with their customers, a facet that underpins the enduring success of Fomo Momo.

Adani Ports buys Odisha's Gopalpur Port for Rs 3,080 cr
Adani Ports buys Odisha's Gopalpur Port for Rs 3,080 cr

Gopalpur port is located on the east coast of the country and has the capacity to handle 20 MMTPA (million metric tonne per annum).

  • Tuesday, 26 March 2024
VW Polo GTI
Volkswagen may bring its hot hatch Polo back to India, but with a twist

As per reports, Volkswagen could look at importing the new generation Polo but in GTI form to India via the CBU imported route. The Polo might not be made here but brought in limited numbers as a CBU.

  • Monday, 25 March 2024
India pips countries
India pips countries like Germany, Britain in GDP (PPP) gains: Report

As countries like Germany, Japan and the UK continue to drop down in GDP (PPP) rankings over the years, India has achieved significant gains in GDP and the country’s share has been significantly increasing, a latest report has revealed.

  • Monday, 25 March 2024
scrollToTop