Mumbai: Corporate loans have increased significantly in the June quarter of the current financial year, indicating increased capital expenditure by companies. A research firm's analysis of the loan book of about twenty private and public sector banks in the country shows a 21 per cent increase in corporate loans in …
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Government will settle tax dispute of Rs 1 lakh crore with big companies | News India
Ahmedabad: The government is looking for ways to resolve tax disputes with major companies like Infosys Ltd and major foreign airlines. According to reports, the Indian government is ready to reach a settlement without hurting the sentiments of investors. According to sources, officials are considering options for contracts with Infosys …
Read More »Income Tax department issues reopening notices in 10,000 cases | News India
Mumbai: It is known that the Income Tax Department has sent notices to reopen a total of 10,000 cases to high-income individuals and companies in major cities of the country. It is believed that these notices have been sent to these taxpayers for the income tax returns filed for the …
Read More »Pound sharply crosses Rs 110 against rupee: Dollar moves sideways | News India
Mumbai: The dollar witnessed a slow movement against the rupee in the Mumbai currency market today. The dollar opened at Rs 83.93 in the morning, the price was Rs 83.94, the price increased to Rs 83.98 and the last closing price was Rs 83.95. However, the decline in the rupee …
Read More »Decline in gold and silver: The global market fell below $2500 at one time | News India
Mumbai: Gold and silver prices continued to fall in the Mumbai jewellery market today but the pace of decline was slow. Global market news was indicating a retreat. There was talk that the rise in global gold prices due to the rise in the dollar index and bond yields in …
Read More »Petrol Diesel Price: Good news about petrol and diesel, know what is the price in Gujarat? | News India
Petrol and diesel prices are revised every day at 6 am across the country after which the latest rates are updated. Like every day, today i.e. Friday, 23 August, petrol and diesel prices have been updated. Indian oil companies fix fuel rates based on the price of crude oil in …
Read More »Share Market Opening: Sensex-Nifty down as soon as it opened, IT shares in loss | News India
The last day of the week is not looking good for the local stock market. The fall in global markets affected both the major domestic stock indices Sensex and Nifty in early trade today. Most major stocks, including IT stocks, declined in early trade. Both the key domestic indices started …
Read More »Business News: Liquor, gambling ads to appear on Meta from Aug 27 | News India
Meta has announced that the distribution and promotion of alcohol and real money gambling will be permitted on its WhatsApp Business platform from 27 August. Meta's announcement is surprising. Since, the announcement comes at a time when the government is preparing to extend the ban on surrogate advertisements for marketing …
Read More »Business News: BSE Smallcap and SME-IPO indices hit new record highs | News India
Stock markets in Asia and Europe rose after US Federal Reserve meeting minutes hinted at an interest rate cut next month and as a result Indian stock market indices also closed higher. The volatility index fell 2.49 percent to 13 today. 6 out of 14 sector indices on Nifty closed …
Read More »Business News: 80% of the country's jewelers avoid registering with FIU despite it being mandatory – News India Live | News India
Even a year and a half after mandatory registration under the Prevention of Money Laundering Act, jewellers are still reluctant to report high-value or suspicious cash transactions. Less than a fifth of the one lakh jewelers are registered with the respective trade bodies or reported suspicious or cash transactions above …
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