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Today there was a rise in the Indian stock market and the credit for this rise was given to large cap shares. Particularly, significant selling was seen in banking stocks and three banking stocks included in the Sensex made new highs. Last week, the market had seen a five-consecutive bullish …
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Buying property on installments in Dubai tantamount to inviting violation of FEMA provisions
Since interest is charged by builders in case of installment purchase, it is considered as a financing arrangement. Foreign exchange liability arising from installments disbursed in a particular year requires prior approval of RBI. The trend of Indians buying property in Dubai is increasing, Indians have overtaken British citizens to …
Read More »Gold fell by Rs 200 on the first day of the week, silver stable
At the beginning of the week, there was a decline in gold and silver due to lack of demand in the international market and both the precious metals remained soft in the domestic market also. According to market analysts, the tension between Iran and Israel has reduced and on the …
Read More »Amazon's special sale will start on this day, special discounts will be available on these devices, read details here – News India Live
New Delhi: E-commerce site Amazon has announced summer sale for its customers. Now the date of this sale has come out. This online sale has started in India from May 2. Like every Amazon discount sale, this sale will also start early for Prime members. The prices of products like …
Read More »CSR rules will change to expand the scope of social role of corporate companies
The Central Government is giving priority to the proposal to amend the Corporate Social Responsibility (CSR) rules. The idea is to cover the CSR scope and more activities of corporate companies. Not only this, strict provisions will be made for companies to strictly follow CSR rules. Under which the amount …
Read More »There was a mixed trend in the results of companies in the last quarter of the last financial year
Mumbai: The results so far for the fourth quarter of the financial year 2023-24 are the highest in the last four quarters. The results of 178 companies that came till the end of last week showed a year-on-year increase of 13.20 percent in company sales. According to a research report, …
Read More »Fall in crude oil: Gold also fell: Fair rise in silver
Mumbai: Gold and silver prices in Mumbai's jewelery market increased again after facing the shock. Market experts were saying that the domestic import cost has increased due to the fall of the rupee against the dollar. However, gold prices in the world market fell from 2337 to 2338 to 2320 …
Read More »Petrol-diesel prices stable, crude oil around $ 89 per barrel
New Delhi, 30 April (Hindustan Times). The price of crude oil continues to fall in the international market. The price of Brent crude is around $89 and WTI crude is around $83 per barrel. Public sector oil and gas marketing companies have not made any change in the prices of …
Read More »Sensex jumped 941 points to reach 74671
Mumbai: US on the global front In a season of strength ahead of the Federal Reserve meeting last weekend and the corporate results season, positive factors like ICICI Bank's quarterly results and improvement in the banks' asset quality, as well as good results including UltraTech Cement, along with the local- …
Read More »Rupee reaches new low of 83.50 amid sharp rise against dollar
Mumbai: Due to the rise in dollar against the rupee, the rupee was seen trading at a new low of 83.50 in the Mumbai currency market today. Despite the rise in the stock market, the market was surprised when the value of rupee fell in the currency market today. The …
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