[ad_1] Image Source : AP The exports during April-September 2022-23 rose by 15.54 per cent to USD 229.05 billion. India’s exports contracted by 3.52 per cent to USD 32.62 billion in September against USD 33.81 billion in the same month last year, while the trade deficit widened to USD 26.72 billion, according to the preliminary…
[ad_1] Image Source : FILE MGL said apart from hiking prices, the government had also reduced the allocation of gas to MGL by 10 per cent due to which MGL is required to source at a substantially higher cost from the market. It also cited the fall in the rupee as another reason for the…
[ad_1] Image Source : FILE The central bank is mandated to keep retail inflation in a range of 2-6 per cent. Persistently high inflation remains a key policy concern for the Reserve Bank, which has raised rates aggressively so far this year, but the pressure might ease next fiscal assuming normal rains and further normalisation…
[ad_1] Image Source : FILE Reliance Industries taking the biggest hit The combined market valuation of seven of the 10 most valued firms eroded by Rs 1,16,053. 13 crore last week amid an overall bearish trend in equities, with Reliance Industries taking the biggest hit. Last week, the Sensex shed 672 points or 1.15 per cent….
[ad_1] Image Source : PTI/ REPRESENTATIONAL (FILE). Railway employees to get bonus for 2021-22 equivalent to 78 days’ wages before Dussehra. Highlights Government approves Productivity-Linked Bonus to railway employees for 2021-22 About 11.27 lakh non-gazetted Railway employees are likely to benefit from the decision This payment will be made before the Dussehra holidays, said the…
[ad_1] Image Source : FILE KPMG in India Partner Indirect Tax Abhishek Jain said the collections in September reflect supplies made in August. Highlights The GST collections had touched a record Rs 1.67 lakh crore in April The growth in GST revenue till September 2022 over the same period last year is 27 percent The…
[ad_1] Image Source : PTI Simultaneously, the price of gas from difficult and newer fields like the ones in Reliance Industries Ltd and its partner bp plc operated deepsea D6 block in KG basin, was hiked to USD 12.6 per mmBtu from USD 9.92, the order said. Prices of natural gas, which is used to…
[ad_1] Image Source : FILE However, the advent of cash flow-based lending has made it much easier for MSMEs to procure credit, although at a somewhat higher interest rate to cover the extra risk of lenders. In such scenarios, the interest rate is determined according to the borrowersâ risk profile. For MSMEs, sustained funding represents…
[ad_1] Image Source : PTI If the rate hike is approved, it will be forth time in a row. RBI rate hike: The depreciating value of the Rupee has left the Reserve Bank of India worried. Given the situation, RBI is likely to go rate hike today. The Reserve Bank’s rate-setting panel on Wednesday started…
[ad_1] Image Source : REPRESENTATIVE IMAGE The rupee consolidated in a narrow range and settled 9 paise higher at 81.58 (provisional) against the US dollar on Tuesday as the American currency retreated from its elevated levels. The rupee consolidated in a narrow range and settled 9 paise higher at 81.58 (provisional) against the US dollar on…
