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Business - Page 705

Rupee rises 2 paise to 84.09 against dollar

6 Nov 2024 12:20 AM IST
Mumbai: The rupee recovered from its all-time low level to settle 2 paise higher at 84.09 against the US dollar on Tuesday, supported by a recovery in...

Govt to sell 2.5% stake in HZL at `505/share via OFS

6 Nov 2024 12:20 AM IST
New Delhi: The government will sell up to 2.5 per cent stake in Hindustan Zinc at a floor price of Rs 505 per share through an offer for sale (OFS). ...

Festive consumption growth rate halved to 15% in 2024: Nomura

6 Nov 2024 12:20 AM IST
Mumbai: Japanese brokerage Nomura on Wednesday said the growth rate in festive consumption halved to 15 per cent in the current year. Analysts at the...

CBIC asks customs officers to complete inquiry within a year

6 Nov 2024 12:20 AM IST
New Delhi: The CBIC has asked customs field formations to disclose the specific nature of inquiry being undertaken while issuing letters/summons in...

IDFC FIRST Bank leads way in revolutionising real-time tracking of money sent abroad through Swift GPI

6 Nov 2024 12:19 AM IST
Mumbai: IDFC FIRST Bank has become the first Indian bank to offer a real-time tracking service, in association with Swift, for money sent abroad. This...

India re-elected as President of ISA till 2026

5 Nov 2024 12:23 AM IST
New Delhi: Union Minister Pralhad Joshi on Monday said India has been re-elected as the President of International Solar Alliance (ISA) from 2024 to...

‘Oil, gas subsidies fall 85% in 10 yrs to 2023’

5 Nov 2024 12:23 AM IST
New Delhi: Subsidies to the oil & gas sector saw a reduction of 85 per cent from a peak of $25 billion in 2013 to $3.5 billion by 2023, according...

I-T dept receives 6,500 suggestions on review of Income Tax Act, 1961

5 Nov 2024 12:22 AM IST
New Delhi: The income tax department has received 6,500 suggestions from stakeholders over the past month on review of the Income Tax Act. Finance...

IRFC records highest-ever quarterly revenue of `6,900.20 cr in FY25 September quarter

5 Nov 2024 12:21 AM IST
New Delhi: Indian Railway Finance Corporation Limited (IRFC), a ‘Mini-Ratna’ Schedule-A public sector enterprise under the Ministry of Railways, has...

Sensex plunges 942 points to settle at nearly three-month low

4 Nov 2024 11:27 PM IST
Mumbai: Benchmark Sensex tanked nearly 942 points to settle at a three-month low while Nifty crashed below 24,000 on Monday dragged down by heavy...

Manufacturing sector regains growth momentum in Oct: PMI

4 Nov 2024 11:26 PM IST
New Delhi: India’s manufacturing sector growth recovered from September’s eight-month low to 57.5 in October fuelled by faster increases in total new...

Sebi allows mutual funds to invest in overseas funds with exposure to Indian securities

4 Nov 2024 11:26 PM IST
New Delhi: Markets regulator Sebi on Monday allowed mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a specific...
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