The rupee stayed on the upward track for the third day in a row, appreciating by 4 paise to 83.14 against the US dollar in early trade on Thursday amid easing crude oil prices and a weak American currency. Subdued sentiments in the domestic equity markets and concerns over foreign funds withdrawal capped a sharp […]
Day: December 17, 2022
South Korea’s opposition leader Lee Jae-myung stabbed in Busan – A detailed report hereSouth Korea’s opposition leader Lee Jae-myung stabbed in Busan – A detailed report here
South Korea’s main opposition leader Lee Jae-myung was stabbed on the left side of the neck, while he was touring an under-construction airport site at Gadeokdo, an island in Busan, according to the reports of Korean media. He was left bloodied, but conscious, as per the party officials. Lee Jae-Myung is the leader of the […]
Pound plunges on lower UK CPI, dollar recovers from losses; traders eye ECB policyPound plunges on lower UK CPI, dollar recovers from losses; traders eye ECB policy
By Gaurang Somaiya Rupee continued to trade in a narrow range and volatility remained low even as a number of events unfolded on the domestic as well as on the global front. On the domestic front, India trade balance number was released and data showed the trade deficit narrowed $20.13 billion in June as compared […]
Petrol and Diesel Rate Today, 25 August: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 25 August: Some cities see revision; Check rates in Delhi, Mumbai, other cities
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were largely constant on Friday, 25 August across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last few months. However, individual cities see fluctuations in their prices every day. The prices of petrol […]
BSE revises Jio Fin price band to 20% from todayBSE revises Jio Fin price band to 20% from today
The BSE has revised the price band for Jio Financial Services to 20% from the earlier 5%, effective Monday. It was among 10 stocks for which the exchange announced a revision in price bands.Set by stock exchanges, price bands serve as limits for securities in order to curb extreme volatility in share prices.In addition, the […]
No tax incentive for G-Secs inclusion in JPMorgan index: SomanathanNo tax incentive for G-Secs inclusion in JPMorgan index: Somanathan
JPMorgan Chase & Co.’s decision to add Indian government bonds to its benchmark emerging-market index was its own decision without any tax concession by India, finance secretary TV Somanathan said on Friday. “The government of India has not changed its taxation or regulatory policies for this. It (bond inclusion) is a reflection of the record […]