Feedback | Monday, November 02, 2026
July 24, 2020 11:07 AM
The dollar slid to 22-month lows against a basket of currencies .DXY. A weaker dollar usually spurs buying of commodities priced in the greenback, like oil, because they become cheaper for holders of other currencies. Brent crude LCOc1 rose 15 cents, or 0.4%, to $43.46 a barrel by 0137 GMT, and U...
July 21, 2020 1:34 PM
This MoU supersedes the MoU signed between CBDT and the erstwhile Central Board of Excise and Customs (CBEC) in the year 2015. Significant developments have taken place since the signing of earlier MoU in 2015 including introduction of GST, incorporation of GSTN and change in the nomenclature of ...
June 17, 2020 11:08 AM
UN Conference on Trade and Development (UNCTAD) in its report said, it was the world's ninth largest recipient of Foreign Direct Investments (FDI). The report said, India's large market will continue to attract market-seeking investments to the country. In the developing Asia region,...
June 13, 2020 1:00 PM
The reserves rose to 501.70 billion dollars for the week ended 5th of June, helped by a whopping rise in foreign currency assets. A RBI press release informed that foreign currency assets, a major part of the overall reserves, rose by 8.42 billion dollars to 463.63 billion dollars. In the...
March 11, 2024 5:09 PM
After touching a low of 31,824 in opening session, the 30-share index was trading 312 points or 0.97 per cent down at 31,888. Similarly, NSE Nifty fell 96 points or 1.01 per cent to 9,394. ...
May 21, 2020 10:06 AM
World Bank President David Malpass said in a statement Reinhart’s experience and insights would prove invaluable as the coronavirus pandemic heaps economic pain on developing countries. She starts at the bank on June 15. Reinhart, a professor at Harvard University, published a book entitled “...
March 11, 2024 5:08 PM
After touching a low of 31,097.50, the 30-share index was trading 400.20 points or 1.27 per cent lower at 31,161.02. Similarly, NSE Nifty declined 103.95 points, or 1.13 per cent, to 9,135.25. Asian Paints was the top loser in the Sensex pack, falling over 3 per cent, followed by HDFC duo, Mar...
March 11, 2024 5:08 PM
Though, after rallying over 700 points during the session, the BSE gauge pared some of its intra-day gains. The 30-share index finally settled 415.86 points or 1.33 per cent higher at 31,743.08. Similarly, the NSE Nifty closed 127.90 points, or 1.40 per cent, to 9,282.30. IndusInd Bank was the...
April 9, 2020 8:15 AM
"COVID-19 has completely upended the global economy and with it international trade," WTO chief Roberto Azevedo told reporters in a virtual briefing from Geneva. The global trade body was projecting that "trade in 2020 will fall steeply in every region of the world, and basically across all secto...
March 16, 2020 1:39 PM
The Fed on Sunday made its second emergency rate cut in less than two weeks, cutting the benchmark borrowing rate to a range of 0 to 0.25 percent, where it was during the 2008 global financial crisis. It pledged to keep it there "until it is confident that the economy has weathered recent events....
