Under Export Promotion Capital Goods (EPCG) scheme, domestic firms are allowed to import duty-free machines but they have to meet certain export obligations against that The government has granted certain relaxations to exporters in fulfilling their export obligations, as the trading community is facing difficulties in the movement of goods due to the ongoing…
The Nifty Auto index has zoomed as much as 157.8 per cent in the last four calendar years as against a 50.6 per cent surge in the benchmark Nifty 50, shows data. The Nifty Auto index was up over 1 per cent in intra-day trade on Friday, and hit a fresh all-time high for the…
Silver rates hit a record high of Rs 2,00,362 per kg on the MCX today rising Rs 1420 against the previous close of Rs 1,98,942. Prices of silver crossed the Rs 2 lakh per kg mark on MCX for the first time ever tracking the broader uptrend in precious metals. Silver rates hit a record…
India bluntly rejects Trump’s claim on New Delhi agreeing to stop Russian oil purchase: ‘Not aware of any conversation’ India on Thursday, October 16, strongly rejected United States President Donald Trump’s claim that New Delhi had agreed to stop purchasing oil from Russia, indicating that the claims were wrong. Responding to media queries, the Ministry…
Agriculture and dairy have emerged as key hurdles in clinching the India-US trade deal, with New Delhi firm on protecting its sensitive sectors. The ball now lies in Washington’s court as both sides weigh concessions amid looming tariff deadlines. Agriculture and dairy are understood to be the main sticking points in the proposed trade…
May marks the fourth consecutive month that inflation has remained below 4 percent india’s inflation stays below 4 percent India’s retail inflation eased to a 75-month low of 2.82 percent in May, compared with 3.2 percent in April, as food inflation eased below 1 percent for the first time in nearly four years, according to…
Analysts said bullish sentiment remained intact so long as the Nifty stays above the key support level of 24,500. Market participants are now keenly awaiting the Reserve Bank of India’s monetary policy decision due Friday. The domestic equity benchmarks rebounded on Wednesday after three straight sessions of losses, supported by firm global cues and strong…
Market regulator SEBI has barred former MD&CEO IndusInd Bank Sumant Kathpalia, former Dy CEO Arun Khurana and three others for alleged insider trading. SEBI in its interim order found that they traded during the existence of Unpublished Price sensitive information. The others included Sushant Sourav, Rohan Jathanna and Anil Marco Rao. SEBI whole time member…
The weekly options data suggested that the Nifty 50 is expected to face its next resistance at 23,000, where the maximum Call open interest is placed, while support is observed at the 22,500 level. Nifty Bullish Trend The Bulls strengthened their support for the Nifty 50 on March 18, not only taking the index beyond…
This year India will be celebrating the International Women’s Day as a National Event with the theme ‘Viksit Bharat with Nari Shakti’, thereby highlighting the significance and role of women in India’s development. “The government will celebrate International Women’s Day on March 8 as a national event on the theme of Developed India with Nari…